Commercial Greenhouse Market, By Type (Glass Greenhouse, Plastic Greenhouse), By Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops), By Equipment (Hardware, Software & Services), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The global Commercial Greenhouse Market size was estimated at USD 41.5 billion in 2023 and is projected to reach USD 72.2 billion in 2030 at a CAGR of 10.9% during the forecast period 2024-2030.
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The commercial greenhouse market is experiencing robust growth driven by a confluence of factors centered around sustainability, technological advancements, and the need for reliable food production in changing environmental conditions. These greenhouses offer controlled environments that optimize growing conditions for a variety of crops, including fruits, vegetables, flowers, and herbs.
Key drivers of market expansion include increasing global population coupled with decreasing arable land per capita. This trend necessitates more efficient agricultural practices to meet food demand sustainably. Commercial greenhouses provide a solution by enabling year-round cultivation unaffected by external weather constraints, thus ensuring consistent and reliable crop yields.
The prominent players in the Commercial Greenhouse Market are:
· Berry Global
· Signify Holding
· Heliospectra AB
· Plastika Kritis
· Everlight Electronics
· Richel Group
· Argus Control Systems
· Certhon
· Logiqs BV
· LumiGrow
· Agra-tech, Inc
· Rough Brothers, Inc
· Hort Americas
· Top Greenhouses
· Stuppy Greenhouse
· The Glasshouse Company
· DeCloet Manufacturing Ltd
· Europrogress and More
Key Findings of Commercial Greenhouse Market:
· On the basis of Type, Plastic greenhouses offer a cost-effective alternative to traditional glass structures, making them accessible to a wider range of producers, including small and medium-sized businesses. Their affordability stems from lower construction and material costs, facilitating broader market adoption.
· On the basis of Crop-type, Greenhouse environments provide meticulous regulation of temperature, humidity, light, and nutrients, optimizing conditions for robust crop growth and yielding high-quality produce. This precision is crucial as consumer demand grows for nutritious and aesthetically pleasing vegetables, staples in global cuisine.
· On the basis of Equipment, The hardware segment is anticipated to lead the commercial greenhouse market, essential for constructing and sustaining greenhouse structures. These components are designed to withstand diverse environmental challenges like wind, snow, rain, and extreme temperatures. High-quality hardware ensures durability and reliability, reducing maintenance costs and enhancing overall savings for greenhouse operators.
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Europe to Dominate the Market
Europe dominates the greenhouse installation market, led by Germany, known for its advanced smart greenhouse horticulture techniques. In 2021, Germany cultivated 1191 hectares under greenhouses, primarily for tomatoes (397.74 hectares) and cucumbers (217 hectares). Key regions include North Rhine Westphalia, Rhineland Palatinate, and Lower Saxony. Subsidies covering up to 60% of expenses for energy-efficient greenhouses support cost reduction initiatives.
Recent Developments of Commercial Greenhouse Market:
In September 2023, Richel Group has entered a three-year exclusive strategic partnership to enhance its capabilities in designing, manufacturing, and constructing advanced greenhouses in demanding climates and remote regions such as the Middle East and Asia.
In June 2023, Certhon and Living Greens Farm have formed a strategic partnership to advance and expand globally Living Greens Farm's innovative aeroponic growing technology. Certhon will contribute its technological know-how and international network to develop and promote the aeroponics technology worldwide, excluding North America.
The Commercial Greenhouse Market is segmented into various segments such as Type, Activity, Crop Type, Equipment, and Region:
Based on Type
· Glass Greenhouse
· Plastic Greenhouse
Based on the Crop Type
· Fruits
· Vegetables
· Flowers & Ornamentals
· Nursery Crops
· Other Crop Types
Based on the Equipment
· Hardware
· Software & services
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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