Published by Vironi Solutions LLP
Posted on October 12, 2021
4 min readLast updated: January 29, 2026
The Orchid Market is set to reach USD 7 billion by 2027, driven by evolving gifting habits and increased cosmetic applications.
Rapid change in consumer gifting habits on various special occasions such as birthdays, anniversaries, festivals, marriages, farewell parties, and religious ceremonies has become the major driving source for the orchid market. The global floral gifting market has observed substantial growth in the last few years and is expected to exhibit a similar trend in the upcoming future. Modernization and growing western culture are the prime factors influencing the floral gifting culture globally. Moreover, the increase in demand is also due to changing consumer preferences to go digital, increasing purchase of gifts from various online retailers for gifting purposes, and the growing trend of corporate gifts to reward the employees for their contributions and achievements.
The Global Orchid Market was valued at US$ 5,152.1 Mn in 2020 and is expected to reach US$ 7,051.3 Mn by 2027 with a growing CAGR of 4.6% during the forecast period (2021-2027)
Several other factors such as the rising use of orchids in cosmetics, herbal medicines, cooking, and many more have contributed to the growth of the orchid market. Orchids have been used as a source of medicine for millennia to treat different diseases and ailments including tuberculosis, paralysis, cholera, acidity, stomach disorders, chest pain, syphilis, jaundice, eczema, arthritis, tumor, piles, among others.
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Points Covered of this report are:
To share detailed information about the key factors such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors etc.
To study and analyze the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Players covered in the Orchid Market report is:
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Orchid Market by Region Outlook:
In terms of geography, The Asia Pacific region is expected to grow at a rapid pace owing to the presence of abundant natural resources like minerals, ores, among others, in countries like China, India, Australia, Malaysia, and other Asian countries. These countries carry out mining and construction activities to extract natural resources in the region. The construction industry of the region has started adopting Orchids for site inspection and for speeding up construction activities on site.
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Orchid Market Key Findings:
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The article discusses the projected growth of the Orchid Market to USD 7 billion by 2027.
Changing consumer gifting habits and increased use in cosmetics drive the market growth.
The Asia Pacific region is expected to show rapid growth in the Orchid Market.
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