Cut Flower Packaging Market Size Worth $ 6.6 Billion by 2032 - Rising Demand for Luxurious Packaging to Propel Growth [Yahoo! Finance]
SMURFIT KAPPA GROUP ADR (SMFKY)
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Source: Yahoo! Finance
Europe emerged as the largest global cut flower packaging market, with a 39.8% market revenue share in 2022. Newark, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 4.1 billion cut flower packaging market will reach USD 6.6 billion by 2032. On several occasions, growing demand for cut flowers is one of the key elements anticipated to propel market expansion. Furthermore, due to their fragile nature and susceptibility to external weather, the cut flower packaging market is anticipated to increase significantly. The growing use of cut flowers for celebrations and weddings is another aspect anticipated to fuel market expansion. Enhancements in packaging technologies to optimise shelf life are another element that is expected to drive market expansion. The growing trend of flower vendors providing a wide range of flowers at cheap prices adds impetus to the market's growth. Growing demand for cut flowers for festivals and weddings is expected to fuel growth i
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