Report overview
Peony is a flowering plant in the genus Paeonia, the only genus in the family Paeoniaceae. Peony varieties with huge, double flowers will be the focal point of the garden when they bloom in early summer. Single-flowered types are more subtle and combine well with other perennials. Flower colors include pink, red, white, and yellow, and the plants grow 18 inches to 3 feet tall, depending on the variety. Peonies make an attractive low hedge. However, they can take up to 3 years to mature, and don't perform well in hot summer climates.
This report aims to provide a comprehensive presentation of the global market for Peony, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Peony. This report contains market size and forecasts of Peony in global, including the following market information:
Global Peony Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Peony Market Sales, 2018-2023, 2024-2029, (K Pcs)
Global top five Peony companies in 2022 (%)
The global Peony market was valued at US$ 522.7 million in 2022 and is projected to reach US$ 649.8 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Peony key players include Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Arcieri's Peonies, Shaoyaomiao, etc.
Netherlands is the largest market, with a share over 15%, followed by US and China, both have a share over 25%.
In terms of product, Paeonia Lactiflora is the largest segment, with a share over 80%. And in terms of application, the largest application is Domestic, followed by Business, etc.
We surveyed the Peony manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Peony Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Pcs)
Global Peony Market Segment Percentages, by Type, 2022 (%)
Paeonia Suffruticosa
Paeonia Lactiflora
Global Peony Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Pcs)
Global Peony Market Segment Percentages, by Application, 2022 (%)
Domestic
Business
Others
Global Peony Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Pcs)
Global Peony Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Peony revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Peony revenues share in global market, 2022 (%)
Key companies Peony sales in global market, 2018-2023 (Estimated), (K Pcs)
Key companies Peony sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Peony, market overview.
Chapter 2: Global Peony market size in revenue and volume.
Chapter 3: Detailed analysis of Peony manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Peony in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Peony capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
