Peony Market

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.

Peony Market contains market size and forecasts of Peony in global, including the following market information:

Global Peony Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Peony Market Sales, 2017-2022, 2023-2028, (K Pcs)

Global top five Peony companies in 2021 (%)

The global Peony market was valued at 522.7 million in 2021 and is projected to reach US$ 649.8 million by 2028, at a CAGR of 3.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Paeonia Suffruticosa Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Peony include Arcieri's Peonies, Kennicott, Adelman Peony Gardens, Castle Hayne Farms, Alaska Perfect Peony, Third Branch Flower, Pivoines Capano, Warmerdam Paeonia and 3 Glaciers Farm, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (K Pcs)

Global Peony Market Segment Percentages, by Type, 2021 (%)

Paeonia Suffruticosa

Paeonia Lactiflora

Global Peony Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Pcs)

Global Peony Market Segment Percentages, by Application, 2021 (%)

Domestic

Business

Others

Global Peony Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Pcs)

Global Peony Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Peony revenues share in global market, 2021 (%)

Key companies Peony sales in global market, 2017-2022 (Estimated), (K Pcs)

Key companies Peony sales share in global market, 2021 (%)

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