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Commercial Greenhouse Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 110 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5769310

Quick Summary:

In a rapidly changing global landscape, the importance of sustainable and highly productive agricultural methods has never been more paramount. Making strides in these areas, the global commercial greenhouse market is a vibrant, growth-oriented sector. These greenhouses provide advanced, controlled environments for crop cultivation, superior to traditional farming approaches. Using transparent materials like glass or plastic, they enable stable temperatures, yielding high-quality production of fruits, vegetables and more.

Staggering growth in this market is being driven by increasing demand for food, dwindling arable land, and unpredictable environmental shifts. The versatility of commercial greenhouse technology allows growers to adjust production to fill market gaps, creating opportunities for highly demanded produce. Further, initiatives by governments globally are fueling the growth, with supportive policies and financial assistance, notably in countries like Nigeria and Canada. Continued market growth is likely, supported by factors like urbanization, technological advancements, innovative R&D, utility savings and attractive industry mergers & acquisitions.

The global commercial greenhouse market size reached US$ 32.0 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 56.4 Billion by 2028, exhibiting a CAGR of 9.91% during 2022-2028.

Greenhouse is an outdoor structure which is built with roof and walls made up of transparent materials like glass or plastic. It is equipped with high technology to control the temperature and stabilize the environment for the cultivation of plants such as fruits, flowers and vegetables, etc.

The major factor driving the growth of the commercial greenhouse is its ability to provide high yield production as compared to the traditional farming techniques. Moreover, rising demand of food, declining arable land due to increasing population and sudden environmental changes have also fueled the commercial greenhouse market. Greenhouse technology enables the crop producers to produce those products which have the shortage of supply, thereby creating opportunity for them to produce marketable products. Additionally, increasing government initiatives, such as one in August 2017, Taraba state government (Nigeria), launched greenhouse farming and harvesting of exotic vegetables for sale within and outside Nigeria, which further boosted the greenhouse market in the region. Similarly, Canadian government is also providing some financial assistance to the greenhouse growers with its “Growing Forward 2” initiative (a federal-provincial-territorial initiative) which focuses at six different areas to support agri-businesses like - environment and climate change; food safety assurance; plant health; labor productivity, etc. Some of the other factors that are expected to drive the global commercial greenhouse market include- rising trend of rooftop farming, rapid urbanization, adoption of greenhouse automation technologies, utility savings, increasing R&D activities and mergers & acquisitions in the industry, etc.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global commercial greenhouse market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, material used, technology and crop.

Breakup by Type:

  • Free-standing Greenhouses
  • Gutter-connected Greenhouses

Breakup by Material Used:

  • Glass Green House
  • Horticulture Glass
  • Others Greenhouse Glass
  • Plastic Green House
  • Polyethylene
  • Polycarbonate
  • Polymethyl Methacrylate (PMMA)

Breakup by Technology:

  • Heating System
  • Cooling System
  • Others

Breakup by Crop:

  • Fruits and Vegetables
  • Flowers and Ornamentals
  • Nursery Crops
  • Others

Breakup by Region:

  • North America
  • Europe
  • Asia- Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being RICHEL Group, Certhon Build B.V., Argus Control Systems Limited, LOGIQS B.V., LumiGrow, Inc., Keder Greenhouse, Agra Tech, Inc., Hort Americas and Heliospectra AB.

Key Questions Answered in This Report

1. What was the size of the global commercial greenhouse market in 2022?
2. What is the expected growth rate of the global commercial greenhouse market during 2023-2028?
3. What has been the impact of COVID-19 on the global commercial greenhouse market?
4. What are the key factors driving the global commercial greenhouse market?
5. What is the breakup of the global commercial greenhouse market based on the type?
6. What is the breakup of the global commercial greenhouse market based on the material used?
7. What is the breakup of the global commercial greenhouse market based on the technology?
8. What is the breakup of the global commercial greenhouse market based on the crop?
9. What are the key regions in the global commercial greenhouse market?
10. Who are the key players/companies in the global commercial greenhouse market?
Frequently Asked Questions about the Global Commercial Greenhouse Market

What is the estimated value of the Global Commercial Greenhouse Market?

The Global Commercial Greenhouse Market was estimated to be valued at $32 Billion in 2022.

What is the growth rate of the Global Commercial Greenhouse Market?

The growth rate of the Global Commercial Greenhouse Market is 9.9%, with an estimated value of $56.4 Billion by 2028.

What is the forecasted size of the Global Commercial Greenhouse Market?

The Global Commercial Greenhouse Market is estimated to be worth $56.4 Billion by 2028.

Who are the key companies in the Global Commercial Greenhouse Market?

Key companies in the Global Commercial Greenhouse Market include RICHEL Group, Certhon Build B.V., Argus Control Systems Limited, LOGIQS B.V., LumiGrow Inc., Keder Greenhouse, Agra Tech Inc., Hort Americas and Heliospectra AB.

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Commercial Greenhouse Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Material Used
5.6 Market Breakup by Technology
5.7 Market Breakup by Crop
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Key Success and Risk Factors

6 Market Breakup by Type
6.1 Free-standing Greenhouses
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Gutter-connected Greenhouses
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Material Used
7.1 Glass Green House
7.1.1 Market Trends
7.1.2 Market Breakup by Type
7.1.2.1 Horticulture Glass
7.1.2.1.1 Market Trends
7.1.2.1.2 Market Forecast
7.1.2.2 Others Greenhouse Glass
7.1.2.2.1 Market Trends
7.1.2.2.2 Market Forecast
7.1.3 Market Forecast
7.2 Plastic Green House
7.2.1 Market Trends
7.2.2 Market Breakup by Type
7.2.2.1 Polyethylene
7.2.2.1.1 Market Trends
7.2.2.1.2 Market Forecast
7.2.2.2 Polycarbonate
7.2.2.2.1 Market Trends
7.2.2.2.2 Market Forecast
7.2.2.3 Polymethyl Methacrylate (PMMA)
7.2.2.3.1 Market Trends
7.2.2.3.2 Market Forecast
7.2.3 Market Forecast

8 Market Breakup by Technology
8.1 Heating System
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cooling System
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Crop
9.1 Fruits and Vegetables
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Flowers and Ornamentals
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Nursery Crops
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast

10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia- Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Latin America
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Forecast

11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 RICHEL Group
11.3.2 Certhon Build B.V.
11.3.3 Argus Control Systems Limited
11.3.4 LOGIQS B.V.
11.3.5 LumiGrow Inc.
11.3.6 Keder Greenhouse
11.3.7 Agra Tech Inc
11.3.8 Hort Americas
11.3.9 Heliospectra AB

List of Figures
Figure 1: Global: Commercial Greenhouse Market: Major Drivers and Challenges
Figure 2: Global: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Commercial Greenhouse Market: Breakup by Type (in %), 2022
Figure 4: Global: Commercial Greenhouse Market: Breakup by Material Used (in %), 2022
Figure 5: Global: Commercial Greenhouse Market: Breakup by Technology (in %), 2022
Figure 6: Global: Commercial Greenhouse Market: Breakup by Crop (in %), 2022
Figure 7: Global: Commercial Greenhouse Market: Breakup by Region (in %), 2022
Figure 8: Global: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 9: Global: Commercial Greenhouse Industry: SWOT Analysis
Figure 10: Global: Commercial Greenhouse Industry: Value Chain Analysis
Figure 11: Global: Commercial Greenhouse Industry: Porter’s Five Forces Analysis
Figure 12: Global: Commercial Greenhouse Market (Free-standing Greenhouses): Value Trends (in Billion US$), 2017 & 2022
Figure 13: Global: Commercial Greenhouse Market Forecast (Free-standing Greenhouses): Value Trends (in Billion US$), 2023-2028
Figure 14: Global: Commercial Greenhouse Market (Gutter-connected Greenhouses): Value Trends (in Billion US$), 2017 & 2022
Figure 15: Global: Commercial Greenhouse Market Forecast (Gutter-connected Greenhouses): Value Trends (in Billion US$), 2023-2028
Figure 16: Global: Commercial Greenhouse Market (Glass Green House): Value Trends (in Billion US$), 2017 & 2022
Figure 17: Global: Glass Green House Market (Horticulture Glass): Value Trends (in Billion US$), 2017 & 2022
Figure 18: Global: Glass Green House Market Forecast (Horticulture Glass): Value Trends (in Billion US$), 2023-2028
Figure 19: Global: Glass Green House Market (Others Greenhouse Glass): Value Trends (in Billion US$), 2017 & 2022
Figure 20: Global: Glass Green House Market Forecast (Others Greenhouse Glass): Value Trends (in Billion US$), 2023-2028
Figure 21: Global: Commercial Greenhouse Market Forecast (Glass Green House): Value Trends (in Billion US$), 2023-2028
Figure 22: Global: Commercial Greenhouse Market (Plastic Green House): Value Trends (in Billion US$), 2017 & 2022
Figure 23: Global: Plastic Green House Market (Polyethylene): Value Trends (in Billion US$), 2017 & 2022
Figure 24: Global: Plastic Green House Market Forecast (Polyethylene): Value Trends (in Billion US$), 2023-2028
Figure 25: Global: Plastic Green House Market (Polycarbonate): Value Trends (in Billion US$), 2017 & 2022
Figure 26: Global: Plastic Green House Market Forecast (Polycarbonate): Value Trends (in Billion US$), 2023-2028
Figure 27: Global: Plastic Green House Market (Polymethyl Methacrylate-PMMA): Value Trends (in Billion US$), 2017 & 2022
Figure 28: Global: Plastic Green House Market Forecast (Polymethyl Methacrylate-PMMA): Value Trends (in Billion US$), 2023-2028
Figure 29: Global: Commercial Greenhouse Market Forecast (Plastic Green House): Value Trends (in Billion US$), 2023-2028
Figure 30: Global: Commercial Greenhouse Market (Heating System): Value Trends (in Billion US$), 2017 & 2022
Figure 31: Global: Commercial Greenhouse Market Forecast (Heating System): Value Trends (in Billion US$), 2023-2028
Figure 32: Global: Commercial Greenhouse Market (Cooling System): Value Trends (in Billion US$), 2017 & 2022
Figure 33: Global: Commercial Greenhouse Market Forecast (Cooling System): Value Trends (in Billion US$), 2023-2028
Figure 34: Global: Commercial Greenhouse Market (Others): Value Trends (in Billion US$), 2017 & 2022
Figure 35: Global: Commercial Greenhouse Market Forecast (Others): Value Trends (in Billion US$), 2023-2028
Figure 36: Global: Commercial Greenhouse Market (Fruits and Vegetables): Value Trends (in Billion US$), 2017 & 2022
Figure 37: Global: Commercial Greenhouse Market Forecast (Fruits and Vegetables): Value Trends (in Billion US$), 2023-2028
Figure 38: Global: Commercial Greenhouse Market (Flowers and Ornamentals): Value Trends (in Billion US$), 2017 & 2022
Figure 39: Global: Commercial Greenhouse Market Forecast (Flowers and Ornamentals): Value Trends (in Billion US$), 2023-2028
Figure 40: Global: Commercial Greenhouse Market (Nursery Crops): Value Trends (in Billion US$), 2017 & 2022
Figure 41: Global: Commercial Greenhouse Market Forecast (Nursery Crops): Value Trends (in Billion US$), 2023-2028
Figure 42: Global: Commercial Greenhouse Market (Others): Value Trends (in Billion US$), 2017 & 2022
Figure 43: Global: Commercial Greenhouse Market Forecast (Others): Value Trends (in Billion US$), 2023-2028
Figure 44: North America: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017 & 2022
Figure 45: North America: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 46: Europe: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017 & 2022
Figure 47: Europe: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 48: Asia- Pacific: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017 & 2022
Figure 49: Asia- Pacific: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 50: Latin America: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017 & 2022
Figure 51: Latin America: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 52: Middle East and Africa: Commercial Greenhouse Market: Value Trends (in Billion US$), 2017 & 2022
Figure 53: Middle East and Africa: Commercial Greenhouse Market Forecast: Value Trends (in Billion US$), 2023-2028

List of Tables
Table 1: Global: Commercial Greenhouse Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Commercial Greenhouse Market Forecast: Breakup by Type (in Billion US$), 2023-2028
Table 3: Global: Commercial Greenhouse Market Forecast: Breakup by Material Used (in Billion US$), 2023-2028
Table 4: Global: Commercial Greenhouse Market Forecast: Breakup by Technology (in Billion US$), 2023-2028
Table 5: Global: Commercial Greenhouse Market Forecast: Breakup by Crop (in Billion US$), 2023-2028
Table 6: Global: Commercial Greenhouse Market Forecast: Breakup by Region (in Billion US$), 2023-2028
Table 7: Global: Commercial Greenhouse Market Structure
Table 8: Global: Commercial Greenhouse Market: Key Players

Companies Mentioned

  • RICHEL Group
  • Certhon Build B.V.
  • Argus Control Systems Limited
  • LOGIQS B.V.
  • LumiGrow Inc.
  • Keder Greenhouse
  • Agra Tech Inc.
  • Hort Americas
  • Heliospectra AB

Methodology

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