The latest report by IMARC Group, titled “Commercial Greenhouse Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global commercial greenhouse market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global commercial greenhouse market reached a value of US$ 28.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 53.7 Billion by 2027, exhibiting a CAGR of 10.77% during 2022-2027. Commercial greenhouses are high-tech structures that are used to grow plants, particularly fruits, flowers and vegetables, in large volumes for consumers in a highly controlled environment. These structures can efficiently control various environmental factors, including humidity, temperature, ventilation, irrigation, light exposure and fertilization, to foster the cultivation of plants. They make use of transparent glass and plastic materials for the construction of the roof and walls to enable sunlight to pass through for the process of photosynthesis. Commercial greenhouses are also able to transmit visible and near-visible ultraviolet (UV) and infrared radiation (IR), which are essential for plant growth. They are extensively employed for greenhouse water systems and efficient heating systems to improve energy conservation.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Market Trends and Drivers:
The global market is primarily driven by the higher crop yield rate associated with the utilization of commercial greenhouses. Unlike traditional farming techniques, these greenhouses ensure the efficient growth of plants despite climatic and topographical challenges. Consequently, there has been a significant increase in the adoption of these structures. Apart from this, the growing global population has led to an ever-increasing demand for food. The shortage of cultivable land has further contributed to this deficit. Consequently, market players are establishing greenhouses in an effort to curb the shortage. Consumers have also impelled the demand for locally-sourced fresh fruits and vegetables throughout the year, which has provided a thrust to the market growth. This is further facilitated by shifting lifestyle patterns, inflating disposable income levels and growing preference for fresh and organic food products. Furthermore, governments of numerous countries are also promoting the utilization of commercial greenhouse, which is creating a positive outlook for the market. For instance, the Government of Canada is funding and granting loans for greenhouse growers to support the expansion of the market. These grants are further utilized in conducting research and development (R&D) activities and to train employees regarding the usage of innovative growing systems.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Richel Group SA
- Certhon
- Argus Control System Ltd
- Logiqs
- Lumigrow
- Keder Greenhouse
- Agra Tech Inc
- Hort Americas
- Heliospectra AB
Market Breakup by Type:
- Free-standing Greenhouses
- Gutter-connected Greenhouses
Market Breakup by Material Used:
-
Glass Green House
- Horticulture Glass
- Others Greenhouse Glass
-
Plastic Green House
- Polyethylene
- Polycarbonate
- Polymethyl Methacrylate (PMMA)
Market Breakup by Technology:
- Heating System
- Cooling System
- Others
Market Breakup by Crop:
- Fruits and Vegetables
- Flowers and Ornamentals
- Nursery Crops
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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