Florists & Flower Shops – Industry Analysis, Statistics, Trends, and Forecasts

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Industry Analysis, Statistics, Trends, and Forecasts

• Market size and major product and service segments
• Key industry statistics, trends, and financial ratios
• Operating conditions and current performance
• Competitive landscape and environment
• Major company profiles and market shares
• Five-year outlook and growth forecasts

AboutFlowers.com
About The Flower Industry
https://www.aboutflowers.com/

Introductory section provides an overview of the U.S. floral business, with topics covered in this section including floral product retail sales, number of retailers, and top fresh flower sources; consumer buying trends for fresh flowers, flowering houseplants, green plants, and bedding/garden plants; holiday sales trends and consumer buying preferences; and sources for learning more about floral industry careers.

Society of American Florists
Resources available from this organization include:

Trends and Statistics
https://safnow.org/
Trends and statistics section provides information on the various segments of the floral business, with topics addressed in this section including annual sales of floral products, number of growers, wholesalers, and retailers, top selling flowers and plants, floral design trends, consumer research studies, public relations programs, holiday sales trends, USDA data, and flower import statistics.

Floral Management Magazine
https://safnow.org/
Monthly trade association publication features news and information for all segments of the floral industry, with topics addressed in various issues including product and design trends, holiday and special events promotions, consumer motivation research, tips and tools for increasing sales and profits, social media marketing, finding and training personnel, and using the latest technology.

Florists' Review Enterprises, Inc.
Publications available from this organization include:

Florists' Review Magazine
http://www.floristsreview.com/
Monthly trade publication features news and information for floral industry professionals, with topics covered in various issues including management advice, strategies for increasing sales and profits, market trend forecasts, product design ideas, marketing techniques, customer service tips, profiles of successful designers and retailers, product and services sourcebook, and trade event coverage.

Super Floral Magazine
https://www.superfloral.com/
Monthly business publication features news and information for the supermarket and mass market floral industry, with topics covered in various issues of the magazine including industry news, sales merchandising techniques, product design and research, consumer purchasing trends, marketing strategies, customer service ideas, personnel management, and merchandise care and handling.

How to Open and Operate a Financially Successful Florist and Floral Business
https://www.amazon.com/
Publication provides a comprehensive guide to starting and operating a floral business both online and offline, with topics covered in the guide including developing a business plan, finding the right location, facility and equipment layout, distribution channel planning, pricing formulas, sales and marketing techniques, conducting day-to-day operations, and training and motivating employees.

BizMiner Market Analysis Reports
Florists & Flower Shops
https://www.bizminer.com  Search for "453110" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

Financial Statements and Financial Ratios

https://www.bizminer.com  Search for "453110" to see available reports

• Income and expenses in dollars and percentages
• Balance sheets in dollars and percentages
• Profitability and return on investment ratios
• Liquidity and working capital ratios
• Asset turnover and efficiency ratios
• Capital structure and debt service ratios

(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Florists
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data for personnel employed by retail flower shops on a national, state, and metro area basis, with job positions covered by the survey including sales managers, floral designers, salespersons, cashiers, and delivery drivers and with statistical measures available for national wage data including mean, median, and upper and lower quartiles.

PayScale, Inc.
Floral Arrangements / Flower and Gift Stores
https://www.payscale.com/

Free online service provides salary and hourly wage rate data for personnel employed by retail flower shops, floral departments in supermarkets and other retail merchants, and other employers such as wedding chapels, funeral homes, and cemeteries, with job positions for which salary or hourly wage data is provided including store manager, floral manager, floral designer, florist, and delivery driver.

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

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