Specific Features and Socio-Economic Significance of The Development of The Floral Industry

The floral industry represents a rapidly developing sector of the global economy that combines agricultural production, entrepreneurship, cultural traditions, and international trade. Its significance extends far beyond the cultivation of ornamental plants, as it is closely linked to socio-economic development, employment generation, and cultural values in modern societies. This paper examines the distinctive characteristics of the floral industry, the role of market demand, technological innovations, and its broader socio-economic contributions. Findings show that the floral industry has become an integral part of both local and global economies, influencing social well-being, creating business opportunities, and supporting sustainable development.