The global peony market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for peonies in the domestic field and business field, and increasing awareness about the benefits of peonies.
The global peony market is segmented on the basis of type (Paeonia Suffruticosa, Paeonia Lactiflora), application (domestic field, business field) and region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). The North American region dominates the global peony market with a share of over 40%. This can be attributed to high demand for peonies in this region owing to their medicinal properties.
Some Of The Growth Factors Of This Market:
- The global population is increasing, which means more people are living in urban areas and have the disposable income to buy luxury goods.
- China's economy is growing, which means more people have the money to buy luxury goods.
- The Chinese government has been investing in infrastructure projects that will increase economic growth and create jobs for its citizens, which will lead to increased spending on luxury goods like Peony products.
Industry Growth Insights published a new data on “Peony Market”. The research report is titled “Peony Market research by Types (Paeonia Suffruticosa, Paeonia Lactiflora), By Applications (Domestic Field, Business Field), By Players/Companies Arcieri's Peonies, Kennicott, Adelman Peony Gardens, Castle Hayne Farms, Alaska Perfect Peony, Third Branch Flower, Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Echo Lake Farm, Meadowburn Farm, Spring Hill Peony Farm, Joslyn Peonies, Maple Ridge Peony Farm, Chilly Root Peony Farm, Simmons Paeonies, English Peonies, Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Shaoyaomiao, APEONY, GuoSeTianXiang, Yongming Flowers, Zhongchuan Peony”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Peony Market Research Report
By Type
Paeonia Suffruticosa, Paeonia Lactiflora
By Application
Domestic Field, Business Field
By Companies
Arcieri's Peonies, Kennicott, Adelman Peony Gardens, Castle Hayne Farms, Alaska Perfect Peony, Third Branch Flower, Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Echo Lake Farm, Meadowburn Farm, Spring Hill Peony Farm, Joslyn Peonies, Maple Ridge Peony Farm, Chilly Root Peony Farm, Simmons Paeonies, English Peonies, Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Shaoyaomiao, APEONY, GuoSeTianXiang, Yongming Flowers, Zhongchuan Peony
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Peony Market Report Segments:
The global Peony market is segmented on the basis of:
Types
Paeonia Suffruticosa, Paeonia Lactiflora
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Domestic Field, Business Field
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arcieri's Peonies
- Kennicott
- Adelman Peony Gardens
- Castle Hayne Farms
- Alaska Perfect Peony
- Third Branch Flower
- Pivoines Capano
- Warmerdam Paeonia
- 3 Glaciers Farm
- Echo Lake Farm
- Meadowburn Farm
- Spring Hill Peony Farm
- Joslyn Peonies
- Maple Ridge Peony Farm
- Chilly Root Peony Farm
- Simmons Paeonies
- English Peonies
- Heze Peony Lotus Horticulture
- Zi Peony
- Shenzhou Peony
- Shaoyaomiao
- APEONY
- GuoSeTianXiang
- Yongming Flowers
- Zhongchuan Peony
Highlights of The Peony Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paeonia Suffruticosa
- Paeonia Lactiflora
- By Application:
- Domestic Field
- Business Field
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Peony Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Peony is a flower that typically grows in the wild. It has petals that are divided into many lobes, and its stem is often long and slender.
Some of the major companies in the peony market are Arcieri's Peonies, Kennicott, Adelman Peony Gardens, Castle Hayne Farms, Alaska Perfect Peony, Third Branch Flower, Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Echo Lake Farm, Meadowburn Farm, Spring Hill Peony Farm, Joslyn Peonies, Maple Ridge Peony Farm, Chilly Root Peony Farm, Simmons Paeonies, English Peonies, Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Shaoyaomiao, APEONY, GuoSeTianXiang, Yongming Flowers, Zhongchuan Peony.
The peony market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Peony Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Peony Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Peony Market - Supply Chain
4.5. Global Peony Market Forecast
4.5.1. Peony Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Peony Market Size (000 Units) and Y-o-Y Growth
4.5.3. Peony Market Absolute $ Opportunity
5. Global Peony Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Peony Market Size and Volume Forecast by Type
5.3.1. Paeonia Suffruticosa
5.3.2. Paeonia Lactiflora
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Peony Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Peony Market Size and Volume Forecast by Application
6.3.1. Domestic Field
6.3.2. Business Field
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Peony Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Peony Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Peony Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Peony Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Peony Demand Share Forecast, 2019-2026
9. North America Peony Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Peony Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Peony Market Size and Volume Forecast by Application
9.4.1. Domestic Field
9.4.2. Business Field
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Peony Market Size and Volume Forecast by Type
9.7.1. Paeonia Suffruticosa
9.7.2. Paeonia Lactiflora
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Peony Demand Share Forecast, 2019-2026
10. Latin America Peony Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Peony Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Peony Market Size and Volume Forecast by Application
10.4.1. Domestic Field
10.4.2. Business Field
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Peony Market Size and Volume Forecast by Type
10.7.1. Paeonia Suffruticosa
10.7.2. Paeonia Lactiflora
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Peony Demand Share Forecast, 2019-2026
11. Europe Peony Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Peony Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Peony Market Size and Volume Forecast by Application
11.4.1. Domestic Field
11.4.2. Business Field
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Peony Market Size and Volume Forecast by Type
11.7.1. Paeonia Suffruticosa
11.7.2. Paeonia Lactiflora
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Peony Demand Share, 2019-2026
12. Asia Pacific Peony Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Peony Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Peony Market Size and Volume Forecast by Application
12.4.1. Domestic Field
12.4.2. Business Field
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Peony Market Size and Volume Forecast by Type
12.7.1. Paeonia Suffruticosa
12.7.2. Paeonia Lactiflora
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Peony Demand Share, 2019-2026
13. Middle East & Africa Peony Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Peony Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Peony Market Size and Volume Forecast by Application
13.4.1. Domestic Field
13.4.2. Business Field
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Peony Market Size and Volume Forecast by Type
13.7.1. Paeonia Suffruticosa
13.7.2. Paeonia Lactiflora
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Peony Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Peony Market: Market Share Analysis
14.2. Peony Distributors and Customers
14.3. Peony Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arcieri's Peonies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kennicott
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Adelman Peony Gardens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Castle Hayne Farms
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alaska Perfect Peony
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Third Branch Flower
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pivoines Capano
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Warmerdam Paeonia
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. 3 Glaciers Farm
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Echo Lake Farm
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Meadowburn Farm
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spring Hill Peony Farm
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Joslyn Peonies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Maple Ridge Peony Farm
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Chilly Root Peony Farm
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Simmons Paeonies
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. English Peonies
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Heze Peony Lotus Horticulture
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Zi Peony
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenzhou Peony
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
