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The Vietnam Floriculture Market size is forecast to increase by USD 245.39 million at a CAGR of 8.36% between 2024 and 2028. The market is driven by the increasing use of flowers and plants for decorative and aesthetic purposes in various sectors, including hospitality, healthcare, and events. Another growth factor is the rising demand for premium flowers, particularly roses and orchids, in both domestic and international markets. However, the market faces challenges due to its over-reliance on climatic conditions for the growth of ornamental plants, making production unpredictable and seasonal. Additionally, limited infrastructure and lack of advanced technology hinder the market's growth potential. Despite these challenges, the market is expected to grow steadily due to increasing consumer awareness and disposable income, leading to a higher demand for fresh and exotic flowers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Market Segmentation by Type
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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