
The global Peony market size is predicted to grow from US$ 546 million in 2025 to US$ 668 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.
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.
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.
The “Peony Industry Forecast” looks at past sales and reviews total world Peony sales in 2024, providing a comprehensive analysis by region and market sector of projected Peony sales for 2025 through 2031. With Peony sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Peony industry.
This Insight Report provides a comprehensive analysis of the global Peony landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Peony portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Peony market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Peony and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Peony.
This report presents a comprehensive overview, market shares, and growth opportunities of Peony market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Paeonia Suffruticosa
Paeonia Lactiflora
Segmentation by Application:
Domestic
Business
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Peony market?
What factors are driving Peony market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Peony market opportunities vary by end market size?
How does Peony break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Peony Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Peony by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Peony by Country/Region, 2020, 2024 & 2031
2.2 Peony Segment by Type
2.2.1 Paeonia Suffruticosa
2.2.2 Paeonia Lactiflora
2.3 Peony Sales by Type
2.3.1 Global Peony Sales Market Share by Type (2020-2025)
2.3.2 Global Peony Revenue and Market Share by Type (2020-2025)
2.3.3 Global Peony Sale Price by Type (2020-2025)
2.4 Peony Segment by Application
2.4.1 Domestic
2.4.2 Business
2.4.3 Others
2.5 Peony Sales by Application
2.5.1 Global Peony Sale Market Share by Application (2020-2025)
2.5.2 Global Peony Revenue and Market Share by Application (2020-2025)
2.5.3 Global Peony Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Peony Breakdown Data by Company
3.1.1 Global Peony Annual Sales by Company (2020-2025)
3.1.2 Global Peony Sales Market Share by Company (2020-2025)
3.2 Global Peony Annual Revenue by Company (2020-2025)
3.2.1 Global Peony Revenue by Company (2020-2025)
3.2.2 Global Peony Revenue Market Share by Company (2020-2025)
3.3 Global Peony Sale Price by Company
3.4 Key Manufacturers Peony Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Peony Product Location Distribution
3.4.2 Players Peony Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Peony by Geographic Region
4.1 World Historic Peony Market Size by Geographic Region (2020-2025)
4.1.1 Global Peony Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Peony Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Peony Market Size by Country/Region (2020-2025)
4.2.1 Global Peony Annual Sales by Country/Region (2020-2025)
4.2.2 Global Peony Annual Revenue by Country/Region (2020-2025)
4.3 Americas Peony Sales Growth
4.4 APAC Peony Sales Growth
4.5 Europe Peony Sales Growth
4.6 Middle East & Africa Peony Sales Growth
5 Americas
5.1 Americas Peony Sales by Country
5.1.1 Americas Peony Sales by Country (2020-2025)
5.1.2 Americas Peony Revenue by Country (2020-2025)
5.2 Americas Peony Sales by Type (2020-2025)
5.3 Americas Peony Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Peony Sales by Region
6.1.1 APAC Peony Sales by Region (2020-2025)
6.1.2 APAC Peony Revenue by Region (2020-2025)
6.2 APAC Peony Sales by Type (2020-2025)
6.3 APAC Peony Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Peony by Country
7.1.1 Europe Peony Sales by Country (2020-2025)
7.1.2 Europe Peony Revenue by Country (2020-2025)
7.2 Europe Peony Sales by Type (2020-2025)
7.3 Europe Peony Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Peony by Country
8.1.1 Middle East & Africa Peony Sales by Country (2020-2025)
8.1.2 Middle East & Africa Peony Revenue by Country (2020-2025)
8.2 Middle East & Africa Peony Sales by Type (2020-2025)
8.3 Middle East & Africa Peony Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Peony
10.3 Manufacturing Process Analysis of Peony
10.4 Industry Chain Structure of Peony
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Peony Distributors
11.3 Peony Customer
12 World Forecast Review for Peony by Geographic Region
12.1 Global Peony Market Size Forecast by Region
12.1.1 Global Peony Forecast by Region (2026-2031)
12.1.2 Global Peony Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Peony Forecast by Type (2026-2031)
12.7 Global Peony Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Arcieri's Peonies
13.1.1 Arcieri's Peonies Company Information
13.1.2 Arcieri's Peonies Peony Product Portfolios and Specifications
13.1.3 Arcieri's Peonies Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Arcieri's Peonies Main Business Overview
13.1.5 Arcieri's Peonies Latest Developments
13.2 Kennicott
13.2.1 Kennicott Company Information
13.2.2 Kennicott Peony Product Portfolios and Specifications
13.2.3 Kennicott Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Kennicott Main Business Overview
13.2.5 Kennicott Latest Developments
13.3 Adelman Peony Gardens
13.3.1 Adelman Peony Gardens Company Information
13.3.2 Adelman Peony Gardens Peony Product Portfolios and Specifications
13.3.3 Adelman Peony Gardens Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Adelman Peony Gardens Main Business Overview
13.3.5 Adelman Peony Gardens Latest Developments
13.4 Castle Hayne Farms
13.4.1 Castle Hayne Farms Company Information
13.4.2 Castle Hayne Farms Peony Product Portfolios and Specifications
13.4.3 Castle Hayne Farms Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Castle Hayne Farms Main Business Overview
13.4.5 Castle Hayne Farms Latest Developments
13.5 Alaska Perfect Peony
13.5.1 Alaska Perfect Peony Company Information
13.5.2 Alaska Perfect Peony Peony Product Portfolios and Specifications
13.5.3 Alaska Perfect Peony Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Alaska Perfect Peony Main Business Overview
13.5.5 Alaska Perfect Peony Latest Developments
13.6 Third Branch Flower
13.6.1 Third Branch Flower Company Information
13.6.2 Third Branch Flower Peony Product Portfolios and Specifications
13.6.3 Third Branch Flower Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Third Branch Flower Main Business Overview
13.6.5 Third Branch Flower Latest Developments
13.7 Pivoines Capano
13.7.1 Pivoines Capano Company Information
13.7.2 Pivoines Capano Peony Product Portfolios and Specifications
13.7.3 Pivoines Capano Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Pivoines Capano Main Business Overview
13.7.5 Pivoines Capano Latest Developments
13.8 Warmerdam Paeonia
13.8.1 Warmerdam Paeonia Company Information
13.8.2 Warmerdam Paeonia Peony Product Portfolios and Specifications
13.8.3 Warmerdam Paeonia Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Warmerdam Paeonia Main Business Overview
13.8.5 Warmerdam Paeonia Latest Developments
13.9 3 Glaciers Farm
13.9.1 3 Glaciers Farm Company Information
13.9.2 3 Glaciers Farm Peony Product Portfolios and Specifications
13.9.3 3 Glaciers Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 3 Glaciers Farm Main Business Overview
13.9.5 3 Glaciers Farm Latest Developments
13.10 Echo Lake Farm
13.10.1 Echo Lake Farm Company Information
13.10.2 Echo Lake Farm Peony Product Portfolios and Specifications
13.10.3 Echo Lake Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Echo Lake Farm Main Business Overview
13.10.5 Echo Lake Farm Latest Developments
13.11 Meadowburn Farm
13.11.1 Meadowburn Farm Company Information
13.11.2 Meadowburn Farm Peony Product Portfolios and Specifications
13.11.3 Meadowburn Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Meadowburn Farm Main Business Overview
13.11.5 Meadowburn Farm Latest Developments
13.12 Spring Hill Peony Farm
13.12.1 Spring Hill Peony Farm Company Information
13.12.2 Spring Hill Peony Farm Peony Product Portfolios and Specifications
13.12.3 Spring Hill Peony Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Spring Hill Peony Farm Main Business Overview
13.12.5 Spring Hill Peony Farm Latest Developments
13.13 Joslyn Peonies
13.13.1 Joslyn Peonies Company Information
13.13.2 Joslyn Peonies Peony Product Portfolios and Specifications
13.13.3 Joslyn Peonies Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Joslyn Peonies Main Business Overview
13.13.5 Joslyn Peonies Latest Developments
13.14 Maple Ridge Peony Farm
13.14.1 Maple Ridge Peony Farm Company Information
13.14.2 Maple Ridge Peony Farm Peony Product Portfolios and Specifications
13.14.3 Maple Ridge Peony Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Maple Ridge Peony Farm Main Business Overview
13.14.5 Maple Ridge Peony Farm Latest Developments
13.15 Chilly Root Peony Farm
13.15.1 Chilly Root Peony Farm Company Information
13.15.2 Chilly Root Peony Farm Peony Product Portfolios and Specifications
13.15.3 Chilly Root Peony Farm Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Chilly Root Peony Farm Main Business Overview
13.15.5 Chilly Root Peony Farm Latest Developments
13.16 Simmons Paeonies
13.16.1 Simmons Paeonies Company Information
13.16.2 Simmons Paeonies Peony Product Portfolios and Specifications
13.16.3 Simmons Paeonies Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Simmons Paeonies Main Business Overview
13.16.5 Simmons Paeonies Latest Developments
13.17 English Peonies
13.17.1 English Peonies Company Information
13.17.2 English Peonies Peony Product Portfolios and Specifications
13.17.3 English Peonies Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 English Peonies Main Business Overview
13.17.5 English Peonies Latest Developments
13.18 Heze Peony Lotus Horticulture
13.18.1 Heze Peony Lotus Horticulture Company Information
13.18.2 Heze Peony Lotus Horticulture Peony Product Portfolios and Specifications
13.18.3 Heze Peony Lotus Horticulture Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Heze Peony Lotus Horticulture Main Business Overview
13.18.5 Heze Peony Lotus Horticulture Latest Developments
13.19 Zi Peony
13.19.1 Zi Peony Company Information
13.19.2 Zi Peony Peony Product Portfolios and Specifications
13.19.3 Zi Peony Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Zi Peony Main Business Overview
13.19.5 Zi Peony Latest Developments
13.20 Shenzhou Peony
13.20.1 Shenzhou Peony Company Information
13.20.2 Shenzhou Peony Peony Product Portfolios and Specifications
13.20.3 Shenzhou Peony Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Shenzhou Peony Main Business Overview
13.20.5 Shenzhou Peony Latest Developments
13.21 Shaoyaomiao
13.21.1 Shaoyaomiao Company Information
13.21.2 Shaoyaomiao Peony Product Portfolios and Specifications
13.21.3 Shaoyaomiao Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Shaoyaomiao Main Business Overview
13.21.5 Shaoyaomiao Latest Developments
13.22 APEONY
13.22.1 APEONY Company Information
13.22.2 APEONY Peony Product Portfolios and Specifications
13.22.3 APEONY Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 APEONY Main Business Overview
13.22.5 APEONY Latest Developments
13.23 GuoSeTianXiang
13.23.1 GuoSeTianXiang Company Information
13.23.2 GuoSeTianXiang Peony Product Portfolios and Specifications
13.23.3 GuoSeTianXiang Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 GuoSeTianXiang Main Business Overview
13.23.5 GuoSeTianXiang Latest Developments
13.24 Yongming Flowers
13.24.1 Yongming Flowers Company Information
13.24.2 Yongming Flowers Peony Product Portfolios and Specifications
13.24.3 Yongming Flowers Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Yongming Flowers Main Business Overview
13.24.5 Yongming Flowers Latest Developments
13.25 Zhongchuan Peony
13.25.1 Zhongchuan Peony Company Information
13.25.2 Zhongchuan Peony Peony Product Portfolios and Specifications
13.25.3 Zhongchuan Peony Peony Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Zhongchuan Peony Main Business Overview
13.25.5 Zhongchuan Peony Latest Developments
14 Research Findings and Conclusion
*If Applicable.
