Global Commercial Greenhouse Market Size, Share, and COVID-19 Impact Analysis, By Type (Glass Greenhouses, Plastic Greenhouse), By Application (Fruits, and Vegetables, Flowers, and Ornamentals, Nursery Crops, Others), By Equipment (Hardware, Software & Services), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030

Industry: Agriculture

RELEASE DATE Mar 2023
REPORT ID SI1617
PAGES 200
REPORT FORMAT PathSoft

Global Commercial Greenhouse Market Insights Forecasts to 2030

  • The Global Commercial Greenhouse Market Size was valued at USD 29.34 Billion in 2021
  • The Market is growing at a CAGR of 10.39% from 2022 to 2030
  • The Worldwide Commercial Greenhouse Market size is expected to reach USD 69.27 Billion by 2030
  • Asia Pacific is expected to Grow the fastest during the forecast period

Global Commercial Greenhouse Market

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The Global Commercial Greenhouse Market is anticipated to reach USD 69.27 billion by 2030, at a CAGR of 10.39% during the forecast period 2022 to 2030. The Commercial Greenhouse Market is expected to grow significantly in the forecasting period, due to the ability of commercial greenhouses to produce more than traditional farming techniques and the decrease in arable land per capita is propelling the global Commercial Greenhouse Market forward.

 

Market Overview

Consumers can cultivate fruits, vegetables, flowers, and transplants for planting in a commercial greenhouse, which provides an extremely stable and controlled environment. This allows greenhouse plants to produce continuously regardless of local temperature, soil, or terrain constraints. Plants are typically mass-produced in commercial greenhouses for consumer consumption. Greenhouse farming provides farmers with a more suitable and controllable environment in which to grow their crops. Commercial greenhouses have a variety of covering materials, such as glass or plastic roofs and glass or plastic walls. It has an emerging application with high growth potential and usage of various technologies such as heating systems, cooling systems, ventilation systems, LED grow lights, communication technology, irrigation systems, and control systems.

 

Rapid population growth on shrinking land, particularly in China and India, will drive the Asia-Pacific greenhouse market during the study period. One of the primary reasons for the expansion of greenhouse farming is that cultivable land is shrinking every year. As a result, the need to increase crop yield on available land in order to satisfy increasing food demand is boosting the commercial greenhouse farming market. Moreover, the emergence of urban populations in cities such as New York, Chicago, and Milwaukee have accelerated the environment for greenhouse farming.

 

Report Coverage

This research report categorizes the market for the global commercial greenhouse market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the commercial greenhouse market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the commercial greenhouse market.

 

Global Commercial Greenhouse Market Report Coverage

Report CoverageDetails
Base Year:2021
Market Size in 2021:USD 29.34 Billion
Forecast Period:2021-2030
Forecast Period 2021-2030 CAGR:10.39%
2030 Value Projection:USD 69.27 Billion
Historical Data for:2017-2020
No. of Pages:200
Tables, Charts & Figures:130
Segments covered:By Type, By Application, By Equipment, By Region, and COVID-19 Impact Analysis
Companies Covered:The Glasshouse Company, DeCloet Manufacturing Ltd, Europrogress, Luiten Greenhouses, Sotrafa, Nobutec BV, Ammerlaan Constructions, Ludy Greenhouse, Saveer Biotech Ltd, Harford, LumiGrow, Agra-tech, Inc, Rough Brothers, Inc, Hort Americas, Top Greenhouses, Stuppy Greenhouse, Everlight Electronics, Richel Group, Argus Control Systems, Certhon, Logiqs BV 
Pitfalls & Challenges:COVID-19 has the potential to impact the global market

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Driving Factors

One of the primary advantages of greenhouse farming over traditional farming techniques is its higher yield. Enclosed facilities provide the best growth conditions for farmers to develop a crop from seed to harvesting stages in less time and with less land area. The primary drivers of growth are rapid urbanization, which has accelerated the adoption of modern farming techniques, and the rising population, which has led to an increase in food demand. Furthermore, factors such as the global decline in arable land, which is causing a shift towards indoor agricultural practices such as greenhouses, and government interventions such as export subsidies, tariffs or import levies, and direct payments to growers, among others, are boosting the market growth. Greenhouse farming consumes 95% less water than outdoor farming to produce the same number of crops. The transpiration process occurs when plants or commodities are grown in vertical greenhouses, allowing farmers to reuse the water for irrigation. Thus, the market's growth is expected to boost during the predicted period.

 

Restraining Factors

Rice, sugarcane, and wheat require a large amount of water as compared to other crop and a longer harvesting time, making them difficult to cultivate using greenhouse farming. Greenhouse farming is only suitable for a limited quantity of crops, making it an unappealing option for many growers. Before beginning a greenhouse plantation, numerous parameters such as adequate water supply management, temperature adjustment, identification and supply of nutrients to plants, growth mechanism to be used, and individual harvest time of plants must be considered. Fruits and vegetables are ideal for vertical farming because they require less time to grow, less water, and less sunlight. However, controlled-environment farming can only produce a few types of fruits and vegetables. Some fruits and vegetables, for example, have numerous edible parts such as leaves, stems, and roots. Vertical farming is not appropriate for these plant species.

 

Market Segmentation

The Global Commercial Greenhouse Market share is segmented into type, application, and equipment.

  •  The plastic greenhouse segment is anticipated to dominate the market during the study period.  

On the basis type, the global commercial greenhouse market is classified into glass greenhouses and plastic greenhouses. Among these, the plastic greenhouse segment is expected to dominate the market during the projected period. The reason behind the segmental growth is, the low installation cost is one of the primary advantages of a plastic greenhouse over a glass greenhouse. Polyethylene, polycarbonate, and polymethyl-methacrylate are the three sub-segments of plastic greenhouses.

 

During the forecast period, the glass greenhouse is also expected to grow at the fastest CAGR. Because of their weight, high durability, and strength, glass greenhouses are considered to be among the strongest of all greenhouse materials, providing significant years of service. The clarity of the glass, which can be maintained for years if cleaned regularly, is one of the main reasons for its popularity. Horticulture glass and others, such as float glass, tempered glass, laminated glass, and frosted glass, are included in the glass greenhouse segment.

 

  • The Fruits and vegetables segment witnessed the largest market in 2021 and is expected to dominate the market over the predicted period.

Based on the application, the global commercial greenhouse market is segmented into fruits and vegetables, flowers, and ornamentals, nursery crops, and others. Among these, the fruits and vegetables segment accounted for approximately 53% of the revenue share in 2021 and is anticipated to dominate the market during the projected period. The reason behind the growth is, the increased cultivation of commonly grown fruits and vegetables in greenhouses is driving the segmental growth. Furthermore, in a greenhouse, such vegetables are protected from harsh weather conditions such as wind, cold, drought, bugs, scorching heat, and animals attempting to consume them. Greenhouses provide the best-growing conditions for vegetables due to their ability to control moisture, light, temperature, fertilization, humidity, and irrigation.

 

  • In 2021, the hardware segment held the largest market share.

On the basis of equipment, the global commercial greenhouse market is differentiated into hardware, software, and services. Among these, the hardware segment held the market in 2021. The reason behind the growth is, farmers' increasing demand for hardware to maintain a suitable environment in greenhouse farming. Climate control systems are used to maintain a suitable environment. The hardware is important in maintaining the environment in greenhouses. Farmers are increasingly accepting smart agriculture and innovative technology.

 

During the study period, the software segment is expected to grow at the fastest CAGR. Greenhouse management software improves crop planning and tracking, allows the growing facility to be operated remotely, and reduces the need for manual intervention. Farmers can use management software to employ the most effective, environmentally friendly farming techniques.

 

Regional Segment Analysis of the Global Commercial Greenhouse Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

The Europe region held the largest share of the Global Commercial Greenhouse Market.

 

Global Commercial Greenhouse Market

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Europe accounted for approximately 34.6% of revenue in 2021 and is expected to grow at a significant CAGR over the forecast period. The region's growing population, combined with decreasing agricultural land availability, is a major factor driving the popularity of greenhouse farming. Traditional farming techniques may not be able to produce enough food to feed this massive population, so there is a growing need for technology-driven agriculture.

 

Asia Pacific is expected to grow fastest during the study period. Because of the rising population and the need to maintain food security through alternative high-yield farming techniques, the greenhouse market is expected to grow at a remarkable rate. Furthermore, many developing countries, including Singapore, Australia, Indonesia, and India, are implementing greenhouse farming techniques to improve their agricultural sectors, as greenhouse farming yields more than traditional farming. Asia Pacific is home to the majority of the major greenhouse agriculture countries, which include Japan, China, Taiwan, and South Korea.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global commercial greenhouse market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • The Glasshouse Company 
  • DeCloet Manufacturing Ltd 
  • Europrogress 
  • Luiten Greenhouses 
  • Sotrafa 
  • Nobutec BV 
  • Ammerlaan Constructions 
  • Ludy Greenhouse 
  • Saveer Biotech Ltd 
  • Harford 
  • LumiGrow 
  • Agra-tech, Inc 
  • Rough Brothers, Inc  
  • Hort Americas 
  • Top Greenhouses 
  • Stuppy Greenhouse 
  • Everlight Electronics 
  • Richel Group  
  • Argus Control Systems 
  • Certhon 
  • Logiqs BV 

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In June 2022, Conviron introduced EVO, an energy-efficient and cost-effective plant growth room series. This is appropriate for a wide variety of short, medium, and tall plants.

 

  • In May 2021, Harahara Inc. and Heliospectra AB formed partnerships to characterise light control systems and LED lights for controlled environments in Plant Factories and agriculture with Artificial Light (PFALs) in Japan.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the Global Commercial Greenhouse Market based on the below-mentioned segments:

 

Global Commercial Greenhouse Market, By Type

  • Glass Greenhouses
  • Plastic Greenhouse

 

Global Commercial Greenhouse Market, By Application

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

 

Global Commercial Greenhouse Market, By Equipment

  • Hardware
  • Software
  • Services

 

Global Commercial Greenhouse Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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