Florists (United States) — NAICS 4593
Industry group (4-digit rollup). This page summarizes the level and points to its single child, 45931, for full detail.
1. Overview
NAICS (North American Industry Classification System) code 4593, "Florists," is the industry group covering retail flower shops and online floral retailers — businesses that buy cut flowers, arrangements, and potted plants from growers and wholesalers (rather than grow them) and sell, arrange, and deliver them for weddings, funerals, holidays, and everyday gifting.[3]
This is a single-child rollup: in the NAICS hierarchy, the 4-digit industry group 4593 contains exactly one 5-digit industry, 45931 (Florists), which in turn contains one 6-digit national industry, 459310. Because there is only one child, this level's scope, economics, and structure are identical to 45931. This page gives the top-line federal figures for the group and then points you to the 45931 primer (and, beneath it, the full 459310 primer) for the detail — value chain, investable universe, unit economics, demand drivers, regulation, consolidation, and risks are all covered there and are not repeated in full here.
The short version for investors: flower demand is durable and ritual-driven (Valentine's Day, Mother's Day, weddings, funerals), but the dedicated-florist channel has been losing share for decades to supermarkets, mass merchants, and online gifting. There is essentially one meaningful U.S.-listed play centered on flowers; the rest is a fragmented world of owner-operated shops, private-equity-owned wire services, and venture-backed delivery startups.[13]
2. What's inside — and why this level equals its one child
NAICS is a nested system: each 4-digit industry group divides into one or more 5-digit industries, which divide again into 6-digit national industries. Most groups split into several children; a few, like this one, pass straight through a single child that carries the entire code.
| 5-digit child | Name | Share of this level |
|---|---|---|
| 45931 | Florists | 100% |
Because 45931 is the only child, NAICS 4593 is a pass-through: every florist counted at this level is counted in 45931 (and in its lone national industry 459310). The three levels share the same definition, the same scope (storefront and online-only floral retailers, following the 2022 NAICS revision that migrated the industry from the old code 453110), and the same exclusions.[3] The exclusions that matter most — because they explain why "florist" numbers understate total flower spending — are supermarket floral departments (NAICS 445110), garden centers and nurseries (444240), flower growers (111421 / 111422), and floral wholesalers (424930). For the full scope and value chain, see the 45931 primer, Section 2.
3. How big it is (this level's rollup figures)
Our federal ground-truth file for NAICS 4593 carries the 2022 Economic Census receipts and concentration data. Because 45931 (and 459310) is the sole child, these figures are identical at all three levels:
| Metric | Value | Source (year) |
|---|---|---|
| Receipts (employer firms) | $10.228 billion | Economic Census (2022)[2] |
| Firms | 12,102 | Economic Census (2022)[2] |
| 4-firm concentration (CR4) | 31.1% of receipts | Economic Census (2022)[2] |
| 8-firm concentration (CR8) | 34.0% | Economic Census (2022)[2] |
| 20-firm concentration (CR20) | 36.8% | Economic Census (2022)[2] |
| 50-firm concentration (CR50) | 39.7% | Economic Census (2022)[2] |
| Herfindahl-Hirschman Index (HHI) | Suppressed (not reported) | Economic Census (2022)[2] |
A concentration ratio is the share of industry receipts held by the largest firms (CR4 = the top 4, and so on). The pattern here — CR4 near 31% but CR50 still under 40% — signals a "barbell": a few large national online and wire-service players sit above roughly 12,000 mostly tiny independents. The HHI, another standard concentration measure, is suppressed in our federal source, so we report no value.
Our level file does not carry establishment, employment, or payroll counts; those come from a different federal dataset (County Business Patterns) and are documented in the child primers — roughly 11,834 establishments, 55,143 paid employees, and $1.387 billion in annual payroll in 2023.[1] Average receipts run about $845,000 per firm, but that mean is pulled up by a handful of national players; a typical independent shop does roughly $200,000–$250,000 a year.[14]
Undercount caveat (applies at this level too). These figures count dedicated, payroll-paying florists only. They deliberately exclude the supermarket floral aisle, warehouse-club and mass-merchant flower tables, and much of the online gifting channel — even though those channels now sell the majority of stems Americans buy. They also miss the large tail of nonemployer florists (sole proprietors and home-based businesses with no paid staff), which our file does not count. So the ~$10 billion "florist industry" is a shrinking slice of a larger flower economy — broader third-party estimates put U.S. floral gifting near $12.2 billion in 2024, growing to roughly $16.8 billion by 2030.[6] Read the ownership and undercount detail in the 45931 primer, Section 3.
4. Where value concentrates across the children
With only one child, there is no cross-child allocation to make: 100% of this level's receipts sit in 45931 / 459310. Within that single industry, value concentrates in a few places rather than spreading evenly across the ~12,000 shops:
- A small top tier of national brands and order networks — 1-800-Flowers/BloomNet, Teleflora, FTD, and online-delivery startups — captures the roughly 31% of receipts reflected in CR4.[2]
- Event and sympathy work (weddings and funerals) anchors the profitability of many independents.
- Customer ownership and delivery density — repeat customers and tight local delivery routes — matter more to shop-level economics than national flower demand does.
The one meaningful U.S.-listed play centered on flowers is 1-800-Flowers.com (Nasdaq: FLWS); the rest of the concentrated value is held privately (Teleflora under The Wonderful Company, FTD under Nexus Capital) or by venture-backed platforms. Full investable-universe detail is in the 45931 primer, Section 4.
5. How the money works
Florist economics are specialty retail with a perishable, hand-assembled product: high gross markups on flowers (often 60%+ over wholesale) offset by spoilage, skilled designer labor, and delivery costs, which compress net margins to thin single-to-low-double digits. Revenue is extremely seasonal — Valentine's Day and Mother's Day together drive close to 40% of annual purchases at leading florists, and Mother's Day is often the single biggest day of the year.[9] A defining feature is the wire-service model, in which order-gathering networks (FTD, Teleflora, BloomNet) relay out-of-town orders to a local "filling" florist and take roughly 25–30% combined.[13] The full treatment — unit economics, product mix, peak-day pricing — is in the 45931 primer, Section 5.
6. Demand drivers
Demand is occasion- and ritual-driven, not everyday: Valentine's Day, Mother's Day, weddings, funerals/sympathy, anniversaries, and "just because" gifting.[9] That makes the category emotionally resilient in downturns but concentrated on a few dates and sensitive to consumer confidence and delivery convenience. See the 45931 primer, Section 6, for the holiday-by-holiday figures and channel-shift dynamics.
7. Regulation
Florists are lightly regulated as retailers. The notable points, all covered in the child primer (Section 7): Louisiana was the only state to license retail florists and removed its mandatory exam in 2024;[17] imported cut flowers are subject to USDA APHIS (Animal and Plant Health Inspection Service) plant-inspection rules and U.S. Customs processing;[16] trade/tariff policy directly moves input costs (a 10% tariff on Colombian flowers took effect in April 2025);[15] and general FTC (Federal Trade Commission) mail-order, FTC Funeral Rule, and Fair Labor Standards Act rules apply as to any retailer. There is no flower-specific federal regulator of retail florists.
8. Consolidation
The dominant dynamic for 30+ years is share loss from dedicated florists to supermarkets, mass merchants, and online gifting; storefront counts have more than halved since the 1990s, and floral-designer employment is projected to decline about 6% from 2024 to 2034.[7][12] The top-heavy-but-fragmented structure (CR4 ≈ 31%, CR50 < 40%)[2] is a classic setup for roll-ups of small local shops and platform aggregation by marketplaces. FTD's 2019 bankruptcy and sale to private equity was the emblematic shakeout; BloomNation's 2025 acquisition of Floom shows consolidation concentrating in technology, procurement, and delivery rather than in fleets of identical stores.[16][12] Full detail in the 45931 primer, Section 8.
9. Risks
The main risks apply identically at this level (see 45931, Section 9): structural channel erosion as everyday buyers drift to cheaper channels;[12] import concentration and supply-chain fragility (roughly 60% of U.S. import value from Colombia, ~25% from Ecuador, ~90% entering via Miami);[15] trade and tariff risk on thin margins; seasonality and perishability (inventory and labor committed before peak demand is known); execution and service risk on the two days that make the year; platform dependence; and, for the one listed play, company-specific risk (FLWS is a micro-cap, founder-controlled turnaround that posted a ~$200 million net loss in FY2025).[13] A data limitation worth repeating: employer-based federal statistics can make the industry look smaller and more concentrated than the full operating universe.
10. How to invest and outlook
Public-market routes are thin: essentially just 1-800-Flowers.com (FLWS) as a direct play — a micro-cap, founder-controlled, no-dividend turnaround that is part flowers and part broader gourmet gifting — plus indirect exposure through grocers, mass retailers, delivery/marketplace platforms, and, upstream, floriculture growers and importers.[13][15] Private-market routes are where most of the real activity is: buying or building a shop, small local roll-ups of the ~12,000 sub-$9M-revenue independents, and venture/growth positions in online-delivery challengers and florist software/marketplaces.[2][4]
Outlook: a flat-to-slightly-declining florist channel inside a flat-to-growing total flower economy, with growth accruing mostly to grocery, mass, and online channels rather than to traditional shops.[6] The swing factors to watch are trade/tariff policy, consumer discretionary strength into the Valentine's/Mother's Day peaks, delivery-platform economics, and whether roll-ups and marketplaces can profitably aggregate a famously fragmented, thin-margin base. For the full how-to-invest playbook and forward view, see the 45931 primer (and the 459310 primer beneath it), Section 10.
This is a rollup page. NAICS 4593 contains one child, 45931 (itself a single-child rollup of 459310), and is economically identical to it. For complete detail on every section above, read the [45931 Florists primer].
Sources
Sources are drawn from the child (45931 / 459310) primers; numbering is kept consistent with them.
- U.S. Census Bureau. County Business Patterns (2023) — NAICS 459310, Florists (establishments, employment, payroll). https://www.census.gov/programs-surveys/cbp.html
- U.S. Census Bureau. 2022 Economic Census — Concentration and Comparative Statistics, NAICS 459310 Florists (firms, receipts, CR4/CR8/CR20/CR50; HHI suppressed). https://www.census.gov/programs-surveys/economic-census.html
- U.S. Census Bureau. 2022 NAICS Definition — 459310 Florists (scope; migration from 453110). https://www.census.gov/naics/?details=459310&input=459310&year=2022
- U.S. Small Business Administration. Table of Small Business Size Standards — NAICS 459310 ($9.0 million). 2023. https://www.sba.gov/document/support-table-size-standards
- Arizton Advisory & Intelligence. U.S. Floral Gifting Market 2025–2030 ($12.18B in 2024 → $16.81B by 2030). 2025. https://www.arizton.com/market-reports/floral-gifting-market-in-united-states-2025
- U.S. Bureau of Labor Statistics. Occupational Outlook Handbook — Floral Designers (−6% employment 2024–34). https://www.bls.gov/ooh/arts-and-design/floral-designers.htm
- Society of American Florists / Bloomberg Second Measure. Mother's Day floral statistics (Valentine's + Mother's ≈ 40% of purchases). https://safnow.org/aboutflowers/holidays-occasions/mothers-day/mothers-day-floral-statistics/
- Living Flowers / Breakwater M&A. Florist storefront decline (~27,000 in 1992 → ~14,000 in 2012 → <12,000 today). https://www.livingflowers.com/florist-shops-are-closing-how-to-understand-the-trend-and-succeed-in-the-new-world/
- 1-800-FLOWERS.COM, Inc. Reports Fiscal 2025 Fourth Quarter and Year-End Results ($1.69B revenue; ~$200.0M net loss). Businesswire, 2025. https://www.businesswire.com/news/home/20250904202543/en/1-800-FLOWERS.COM-Inc.-Reports-Fiscal-2025-Fourth-Quarter-and-Year-End-Results
- MatrixBCG / SEC filings. Ownership and control of 1-800-Flowers.com (dual-class; McCann ~77% voting; micro-cap; no dividend). https://matrixbcg.com/blogs/owners/1800flowers
- CNBC. Flower delivery company FTD files for bankruptcy (2019 Chapter 11). https://www.cnbc.com/2019/06/03/flower-delivery-company-ftd-files-for-bankruptcy.html
- BloomNation. BloomNation Acquires Floom (2025 marketplace/platform acquisition). https://www.bloomnation.com/join/newsroom/bloomnation-acquires-floom-us/
- Hana Florist POS / Little Bird Bloom. Floral wire services and order gatherers explained (commission and transmission-fee mechanics). https://www.hanafloristpos.com/blog/what-are-floral-wire-service/
- RetailOwner.com / ValuAdder. Florist benchmarks and flower-shop valuation (typical shop ~$200K–$250K annual sales). https://retailowner.com/Benchmarks/Other-Specialty-Retail-Stores/Florists
- U.S. Department of Agriculture, Foreign Agricultural Service / WLRN. Colombian flowers and the U.S. market; 2025 tariffs. https://www.wlrn.org/business/2025-01-26/trump-trade-tariffs
- U.S. Department of Agriculture, Animal and Plant Health Inspection Service. How To Import Plants and Plant Products into the United States. https://www.aphis.usda.gov/plant-imports/how-to-import
- Reason / R Street Institute / Institute for Justice. Louisiana florist licensing and its 2024 reform. https://reason.com/2024/05/30/louisiana-finally-fixes-americas-dumbest-licensing-requirement/