Commercial Greenhouse Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: Jun,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global commercial greenhouse market size was US$ 31.1 billion in 2021. The global commercial greenhouse market is forecast to grow to US$ 85.9 billion by 2030 by growing at a compound annual growth rate (CAGR) of 10.1% during the forecast period from 2022 to 2030.

Factors Influencing the Market
Rapidly growing urbanization and low availability of arable land is the primary factor driving the growth of the commercial greenhouse market. Furthermore, changing weather conditions hamper the productivity of traditional farming. Thus, it will surge the adoption of commercial greenhouses during the study period.
The benefits of greenhouse farming practices, such as a safe environment, growth of healthy varieties, etc., need for less water, etc., will contribute to the growth of the global commercial greenhouse market during the study period. On the contrary, the high cost associated with the set-up may limit the growth of the commercial greenhouse market during the study period.
The rapidly growing global population and rising demand for high-quality products will also contribute to the growth of the global commercial greenhouse market during the study period.

Regional Analysis
The Asia-Pacific commercial greenhouse market is forecast to grow at a substantial growth rate, owing to the rising adoption of traditional techniques, such as insulated greenhouses, the use of hot water piping systems, etc., to develop a controlled environment within greenhouses. These techniques are widely used in the region to increase the temperature in greenhouses. Apart from that, farmers use conventional lighting technologies such as high-pressure sodium (HPS) lamps to enhance the yield. However, the demand for automation technologies to enable plant growth all over the year is growing, which will bring lucrative growth opportunities for the commercial greenhouse market. Further, technology is rapidly becoming popular in the region, mainly in urban areas. Thus, the commercial greenhouse market will experience ample growth opportunities throughout the forecast period.

COVID-19 Impact Analysis
The commercial greenhouse market witnessed negative impacts due to various factors like distribution and production problems. COVID-19 pandemic resulted in bans on exports and imports, which created supply chain disruptions. Further, the adoption of advanced technology in agriculture has been advantageous for the farmers throughout the forecast period. Modern agriculture methods have helped farmers in achieving high productivity without making any extra efforts. In addition to that, farmers are also aiming for higher yields, and high-quality production, which will drive the demand for commercial greenhouse methods even in the coming years.

Competitors in the Market
Dutch Greenhouses
Richel Group SA
Heliospectra AB
Argus Control Systems Ltd.
Hort Americas LLC
Nexus Corporation
Logiqs BV
Rough Brothers Inc.
Agra Tech Inc.
Lumigrow Inc
Other Prominent Players

Market Segmentation
The global commercial greenhouse market segmentation focuses on Equipment, Crop Type, Greenhouse, and Region.
By Equipment Type
Heating Systems
Cooling Systems
Other Equipment Types
By Crop Type
Fruits and Vegetables
Flowers and Ornamentals
Nursery Crops
Other Crop Types
By Greenhouse Type
Glass Greenhouses
Plastic Greenhouse
By Region
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America