Report ID: SQMIG20H2042
Report ID:
SQMIG20H2042 |
Region:
Global |
Published Date: November, 2024
Pages:
195
|
Tables:
125 |
Figures:
69
Europe is projected to spearhead the global greenhouse demand outlook in the future. High emphasis on sustainability and growing adoption of sustainable farming practices are expected to aid the dominance of Europe in the global greenhouse industry. High availability of supportive government initiatives and subsidies to promote the adoption and popularity of greenhouse farming is also expected to bolster the high market share of Europe. The growing vegan population and high demand for organic food products are also expected to promote the demand for greenhouse in Europe. Germany, the United Kingdom, France, and Italy are expected to be the most opportune markets in this region.
Meanwhile, the demand for greenhouse in the Asia Pacific region is expected to rise at a notable pace across the forecast period and beyond. Growing adoption of precision agriculture practices, rising emphasis on sustainability, and growing awareness regarding benefits of greenhouse farming are expected to drive up the sales of greenhouses in this region. India, China, and Japan are estimated to emerge as the leading revenue generators for greenhouse companies operating in the Asia Pacific. Launch of subsidies and supportive government initiatives to promote the use of greenhouses is also forecasted to create new business scope for greenhouse providers.
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Report ID: SQMIG20H2042