The
floral industry is one of the higher industries in many developing and underdeveloped countries.
Floriculture as an
industry began in the late 19th century in the
United Kingdom, where
flowers were grown on a large scale on the vast
estates. The present day floral industry is a dynamic, global, fast-growing industry, which has achieved significant growth rates during the past few decades. In the 1950s, the global flower
trade was less than US$3 billion. By 1994, it had grown to US$100 billion. In recent years, the floral industry has grown six percent annually, while the global trade volume in 2003 was US$101.84 billion.