Global Greenhouse Market

Global Greenhouse Market Size, Share, Growth Analysis, By Type (Plastic Greenhouse, Glass Greenhouse), By Crop Type (Fruits, Vegetables, & Herbs, Flowers & Ornamentals), By Offering (Hardware, Software), By Region -Industry Forecast 2025-2032

Report ID: SQMIG20H2042 | Region: Global | Published Date: November, 2024
Pages: 195 | Tables: 125 | Figures: 69

Greenhouse Market Insights

Greenhouse Market size was valued at USD 28.02 Billion in 2023 and is poised to grow from USD 30.79 Billion in 2024 to USD 65.54 Billion by 2032, growing at a CAGR of 9.9% during the forecast period (2025-2032).

Rapidly increasing global population and emphasis on providing food for their nutrition needs are expected to create new business scope for greenhouse providers. Growing emphasis of countries and governments to improve food security amid rising issues of food supply shortages is also expected to bolster the demand for greenhouses over the coming years. Advancements in greenhouse technologies and growing awareness regarding their benefits are also expected to bolster greenhouse market growth in the future. Rising issues of climate change and increasing unpredictable weather conditions are also expected to boost the adoption of greenhouses through 2031. High demand for organic food products and exotic crops is also estimated to promote the use of greenhouses going forward. On the contrary, high initial investments, limited adoption in developing countries, and complexity in operations are expected to be key restraints for greenhouse companies in the long run.

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Greenhouse Market size was valued at USD 28.02 Billion in 2023 and is poised to grow from USD 30.79 Billion in 2024 to USD 65.54 Billion by 2032, growing at a CAGR of 9.9% during the forecast period (2025-2032).

Greenhouse companies should invest heavily in the research and development of new technologies that enhance the efficiency and output of greenhouses. Creating awareness regarding benefits of greenhouses and collaborating with governments to provide funding are also expected to be key strategies for market players. Asia Pacific region is estimated to provide highly rewarding opportunities for greenhouse providers in the long run. 'Sotrafa', 'Berry Global', 'NETAFIM', 'Certhon', 'Richel Group SA', 'Stuppy Greenhouse', 'Logiqs B.V.', 'Argus Control Systems Ltd.', 'Poly-Tex, Inc.', 'The Glasshouse Company', 'Luiten Greenhouses BV', 'Agra Tech, Inc.'

Rapid increase in global population has led to increased efforts around the world to improve food security. Greenhouses provide controlled environments for year-round cultivation, boosting crop yields and minimizing reliance on traditional farming, which helps in providing food security in uncertain climates and unfavorable growing conditions as well. This why emphasis on food security is driving the greenhouse demand outlook.

Vertical and Urban Greenhouses: Shrinking availability of land and rising costs of land purchases are expected to promote the popularity of vertical and urban greenhouses. These greenhouses require less space but provide maximum yield in terms of area cultivated. These types of greenhouses can also reduce transportation costs and emissions as they can be easily set up in or near urban areas, which might not be possible for traditional approaches.

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.

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Global Greenhouse Market

Report ID: SQMIG20H2042

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