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.
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.
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Challenges persist, particularly concerning high initial investment costs associated with greenhouse setup and maintenance. However, advancements in materials and technologies are gradually lowering these barriers, making greenhouse farming more accessible to a broader range of growers.
Key Findings:
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.
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.
On the basis of Equipment, the hardware segment is anticipated to lead the commercial greenhouse market, essential for constructing and sustaining greenhouse structures.
Recent Developments
• 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.
Competitive Landscape
• Berry Global
• Signify Holding
• Heliospectra AB
• Plastika Kritis
• Everlight Electronics
• Richel Group
• Argus Control Systems and more.
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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).
The Commercial Greenhouse Market Segmentation:
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
Based on region:
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
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Frequently Asked Questions
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