Global Commercial Greenhouse Market

Global Commercial Greenhouse Market Size, Share, Growth Analysis, By Offering (Hardware, Services), By Crop Type (Vegetables, Fruits), By Technology Type (High-Tech Commercial Greenhouse, Medium-Tech Commercial Greenhouse), By Region -Industry Forecast 2025-2032

Report ID: SQMIG20H2040 | Region: Global | Published Date: November, 2024
Pages: 164 | Tables: 118 | Figures: 82

Commercial Greenhouse Market Insights

Commercial Greenhouse Market size was valued at USD 39.8 Billion in 2023 and is poised to grow from USD 44.5 Billion in 2024 to USD 108.6 Billion by 2032, growing at a CAGR of 11.8% during the forecast period (2025-2032).

Growing emphasis on improving crop yields around the world to satisfy global population food needs is projected to drive up the demand for commercial greenhouses going forward. Advancements in greenhouse technologies and growing adoption of precision agriculture practices are also expected to promote the demand for commercial greenhouses over the coming years. High demand for organic food products and increasing unpredictable weather conditions due to climate change are also slated to create an opportune setting for commercial greenhouse market growth in the long run. Launch of new supportive initiatives and programs by governments around the world to improve agricultural yield is also expected to create new opportunities for commercial greenhouse companies going forward. On the contrary, disparity in infrastructure and financial access, volatility in demand and prices, and complexity in greenhouse management are slated to impede commercial greenhouse demand outlook in the long run.

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FAQs

Global Commercial Greenhouse Market size was valued at USD 35.1 Billion in 2022 and is expected to rise from USD 39.8 Billion in 2023 to USD 97.14 Billion by 2031, at a CAGR of 11.8% during the forecast period (2024–2031).

Commercial greenhouse companies should focus on collaborations with governments and other institutions to improve availability of finance in the future. Reducing complexity and operational costs of greenhouses is also a key area of interest for commercial greenhouse providers. Commercial greenhouse companies can also explore the use of advanced technologies such as artificial intelligence, robotics, and Internet of Things (IoT) to promote automation in their offerings. 'Berry Global (US)', 'Signify Holding (Netherlands)', 'Heliospectra AB (Sweden)', 'Plastika Kritis (Greece)', 'Everlight Electronics (Taiwan)', 'Richel Group (France)', 'Argus Control Systems (Canada)', 'Certhon (The Netherlands)', 'Logiqs BV (The Netherlands)', 'LumiGrow (US)', 'Agra-tech, Inc (US)', 'Rough Brothers, Inc (US)', 'Hort Americas (US)', 'Top Greenhouses (India)', 'Stuppy Greenhouse (US)', 'The Glasshouse Company (Australia)', 'DeCloet Manufacturing Ltd (Canada)', 'Europrogress (Italy)', 'Luiten Greenhouses (New Zealand)', 'Sotrafa (Spain)', 'Nobutec BV (The Netherlands)', 'Ammerlaan Constructions (The Netherlands)', 'Ludy Greenhouse (US)', 'Saveer Biotech Ltd (India)', 'Harford (New Zealand)'

Growing demand for food products around the world on the back of increasing global population has bolstered the demand for high yield food production. Commercial greenhouses offer high-yield solutions by providing controlled environments that mitigate the risks associated with traditional farming, which in turn drives the global commercial greenhouse market growth as well.

Use of Smart Technologies: Commercial greenhouse companies are expected to focus on integration of smart and advanced technologies in their offerings to maximize their business scope. Use of artificial intelligence and Internet of Things (IoT) technologies can offer scope of automation and enhance the operational efficiency of commercial greenhouses going forward.

Europe is forecasted to secure the top spot in the global commercial greenhouse industry. High emphasis on sustainability and the launch of supportive government initiatives to promote greenhouse farming are allowing Europe to hold sway over other regions. Germany, France, Italy, Greece, and the United Kingdom are expected to be leading markets for commercial greenhouse providers targeting the European region going forward. High importance of extended growing seasons in cold climate countries of this region is also expected to uplift the demand for commercial greenhouses over the coming years. Expanding vegan population is also expected to indirectly benefit the demand for commercial greenhouse in Europe.

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Global Commercial Greenhouse Market

Report ID: SQMIG20H2040

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