Commercial Greenhouse Market
PUBLISHED: 2023 ID: SMRC22565
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Commercial Greenhouse Market

Commercial Greenhouse Market Forecasts to 2028 - Global Analysis By Product (Fruits, Vegetables & Herbs, Flowers & Ornamentals and Other Products), Type (Glass Greenhouse, Horticulture Glass, Plastic and Other Types), Equipment (Hardware, Software and Services), Technology (Heating System, Cooling System and Other Technologies), Component (High-Tech Commercial Greenhouse, Medium-Tech Commercial Greenhouse and Low-Tech Greenhouse), End User and By Geography

4.8 (20 reviews)
4.8 (20 reviews)
Published: 2023 ID: SMRC22565

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $35.5 BN

Projected Year Value (2028)

US $76.2 BN

CAGR (2022 - 2028)

13.6%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Europe


According to Stratistics MRC, the Global Commercial Greenhouse Market is accounted for $35.5 billion in 2022 and is expected to reach $76.2 billion by 2028 growing at a CAGR of 13.6% during the forecast period. The most frequently used greenhouses are buildings with ancillaries and advanced machinery to generate the desired crops or by-products. With the proper use of water, fertilisers, chemicals, and other necessary ingredients, a commercial greenhouse can grow fruits, trees, flowers, or bushes. Many covers of various kinds can be used to produce a greenhouse environment. Commercial greenhouses, for instance, wrap their structures with polyethylene plastic. The ensuing buildings are less expensive and simpler to erect than glass.

According to NHB (National Horticulture Board) is the regulatory body in India for greenhouse farming, which is providing a 50.0% subsidy on a project of Rupees 112.0 lakhs maximum ceiling per beneficiary.



Market Dynamics:

Driver:

Higher harvest than traditional techniques

The climate in which crops grow can be more precisely controlled through greenhouse farming. If producers are able to correctly control the temperature, irrigation method, relative humidity, and sunlight, they can have a better crop. If they have so much control over their growth, farmers can keep their crops in good condition and predict how much they will produce. Because they can control the environment, farmers are able to produce crops of fruits, vegetables, and flowers all year long. Plant genetics can be improved by growing crops in the controlled environment of a greenhouse, leading to the creation of better cultivars. Moreover, it uses less water than a field does.

Restraint:

The need for accurate technology restraining the market growth

For greenhouse crops to thrive, a specific environmental condition is needed. As a result, it is essential to sustain ideal levels of warmth, humidity, and air quality. They need ideal water and light conditions to thrive. Depending on the stage of growth of each crop, the nutrients given to the plants should be regularly controlled and gradually increased to the proper levels. Producing greenhouse crops requires careful monitoring and fertiliser application with precision. This calls for a detailed study of the crop, weather patterns, and the ideal requirements of the crops. Hence, these crops can typically be effectively cultivated by a knowledgeable farmer.

Opportunity:

Technology developments in the commercial greenhouse industry

Artificial intelligence, smart irrigation systems, pH sensors, and temperature control software are a few examples of technological advancements that are significant trends in the commercial greenhouse business. To address with issues like disease prevention and insect management, indoor farmers may use technology like artificial intelligence, autonomous irrigation systems, pH sensors, and climate change. For instance, a US-based agriculture company introduced LUNA—an optical scanning system run by inch, a US-based business that continuously gathers imagery in greenhouses and analyses visual data from growth cycles. The software can identify dependable crops and notify farmers of problems as they occur. High-tech greenhouses are also sold by companies like AppHarvest and Kentucky Fresh Harvest, which contributes to the increase. Hence, it is projected that a rise in technological advancements in the commercial greenhouse sector would lead to a number of chances for market expansion.

Threat:

Lack of temperature control systems to maintain optimum crop production conditions

Temperature is one of the major environmental factors that affects crop growth, development, yield, and particularly the rate of development. Crops need a certain minimum temperature to complete their entire life cycle. Particularly during critical periods like flowering, extremely low or high temperatures can have a detrimental effect on crop development, growth, and output. Commercial greenhouse farming techniques are gaining a lot of attention in urban and semi-urban areas of emerging nations. Due to their hot and humid climate, which hinders agricultural growth, tropical regions including the Middle East, sections of Asia-Pacific, and Africa have difficulty controlling their temperatures.

Covid-19 Impact

The worldwide supply system has been severely disrupted by the COVID-19 epidemic, leading to food shortages and prices. Many greenhouse producers had trouble transferring their inventory out as a result of the supply-chain interruption. So, significant steps must be taken to enhance the food supply chain in order to be ready for any upcoming crises. The ongoing pandemic has raised awareness of how crucial it is to have remote agricultural operations. The combination of conventional farming practises with cutting-edge technology like artificial intelligence (AI), big data, and intelligent controls is also expected to boost market expansion.

The fruits, vegetables & herbs segment is expected to be the largest during the forecast period

The fruits, vegetables & herbs segment is estimated to have a lucrative growth, as vegetables grow beautifully in greenhouses. Vegetables can be grown all year long without having to worry about the weather, temperature, or other environmental factors changing. When vegetables are grown in greenhouses, the crops are shielded from adverse weather conditions like cold, wind, bugs, drought, scorching heat, and animals trying to devour them. Due to the controlling variables present in greenhouses, such as moisture, light, temperature, fertiliser, humidity, and irrigation, growing vegetables there also enables the creation of the best conditions for the crops.

The commercial growers segment is expected to have the highest CAGR during the forecast period

The commercial growers segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the advantages it offers, greenhouse farming is becoming more and more popular, which has led to a rise in its use by commercial producers. It helps the producers stay informed about emerging technologies, market trends, pest management methods, and other vital knowledge that makes them successful growers. Also, government agencies are giving growers some financial aid, which is thought to accelerate market expansion.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the expanding population and the necessity for alternative high-yield farming methods to provide food security, the greenhouse market is predicted to experience strong expansion. In addition, because greenhouse farming produces a better yield than traditional farming, several developing countries, including Singapore, Australia, Indonesia, and India, are implementing greenhouse farming practises to strengthen their agricultural sectors.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to Growing greenhouse farming operations are becoming increasingly common in Europe as a result of the continent's expanding population and declining agricultural land availability. There is an increasing demand for technology-driven agriculture since it may not be possible to grow enough food to feed this enormous population using traditional farming methods.



Key players in the market

Some of the key players profiled in the Commercial Greenhouse Market include Sotrafa, Stuppy Greenhouse, Nobutec BV, Saveer Biotech Ltd, Harford, Ludy Greenhouse, Ammerlaan Constructions, Plastika Kritis, Berry Global, Everlight Electronics, Heliospectra AB, Signify Holding, LumiGrow, Europrogress, Argus Controls and Urban-Gro, DeCloet Manufacturing Ltd, The Glasshouse Company, Richel Group, Luiten Greenhouses and Rough Brothers, Inc.

Key Developments:

In December 2019, Richel Group and GreenFood completed the greenhouse for the cultivation of strawberries in Armenia. The production area is about 9 hectares, which helped GreenFood become the biggest greenhouse strawberry producer in the CIS countries.

In December 2019, Argus Controls and Urban-Gro renewed a strategic agreement to provide automatic and plant-centric solutions for environmental control in greenhouses to cannabis cultivars in North America.

Products Covered:
• Fruits, Vegetables & Herbs
• Flowers & Ornamentals
• Roots & Tubers
• Other Products

Types Covered:
• Glass Greenhouse
• Horticulture Glass
• Plastic
• Other Types

Equipments Covered:
• Hardware
• Software
• Services

Technologies Covered:
• Heating System
• Cooling System
• Other Technologies

Components Covered:
• High-Tech Commercial Greenhouse
• Medium-Tech Commercial Greenhouse
• Low-Tech Greenhouse
• Other Components

End Users Covered:
• Research & Educational Institutes
• Commercial Growers
• Retail Gardens
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Commercial Greenhouse Market, By Product
5.1 Introduction
5.2 Fruits, Vegetables & Herbs
5.2.1 Citrus Fruits
5.2.2 Tomato
5.2.3 Bell & Chili Pepper
5.2.4 Strawberry
5.2.5 Lettuce
5.2.6 Leafy Greens (excluding Lettuce)
5.2.7 Cucumber
5.2.8 Brassicas
5.2.9 Berries
5.2.10 Other Fruit Types
5.3 Flowers & Ornamentals
5.3.1 Perennials
5.3.2 Annuals
5.3.3 Ornamentals
5.4 Roots & Tubers
5.5 Other Products

6 Global Commercial Greenhouse Market, By Type
6.1 Introduction
6.2 Glass Greenhouse
6.3 Horticulture Glass
6.4 Plastic
6.4.1 Polyethylene
6.4.2 Polymethly-Methacrylate
6.4.3 Polycarbonate
6.5 Other Types

7 Global Commercial Greenhouse Market, By Equipment
7.1 Introduction
7.2 Hardware
7.2.1 Lighting System
7.2.2 Communication System
7.2.3 Climate Control System
7.2.4 Sensors
7.2.5 System Controls
7.2.6 Irrigation Systems
7.2.7 Other Hardwares
7.3 Software
7.3.1 Cloud-based
7.3.2 Web-based
7.4 Services
7.4.1 System Integration & Consulting
7.4.2 Assisted Professional Services
7.4.3 Managed Services

8 Global Commercial Greenhouse Market, By Technology
8.1 Introduction
8.2 Heating System
8.3 Cooling System
8.4 Other Technologies

9 Global Commercial Greenhouse Market, By Component
9.1 Introduction
9.2 High-Tech Commercial Greenhouse
9.3 Medium-Tech Commercial Greenhouse
9.4 Low-Tech Greenhouse
9.5 Other Components

10 Global Commercial Greenhouse Market, By End User
10.1 Introduction
10.2 Research & Educational Institutes
10.3 Commercial Growers
10.4 Retail Gardens
10.5 Other End Users

11 Global Commercial Greenhouse Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 Sotrafa
13.2 Stuppy Greenhouse
13.3 Nobutec BV
13.4 Saveer Biotech Ltd
13.5 Harford
13.6 Ludy Greenhouse
13.7 Ammerlaan Constructions
13.8 Plastika Kritis
13.9 Berry Global
13.10 Everlight Electronics
13.11 Heliospectra AB
13.12 Signify Holding
13.13 LumiGrow
13.14 Europrogress
13.15 Argus Controls and Urban-Gro
13.16 DeCloet Manufacturing Ltd
13.17 The Glasshouse Company
13.18 Richel Group
13.19 Luiten Greenhouses
13.20 Rough Brothers, Inc

List of Tables
1 Global Commercial Greenhouse Market Outlook, By Region (2020-2028) ($MN)
2 Global Commercial Greenhouse Market Outlook, By Product (2020-2028) ($MN)
3 Global Commercial Greenhouse Market Outlook, By Fruits, Vegetables & Herbs (2020-2028) ($MN)
4 Global Commercial Greenhouse Market Outlook, By Citrus Fruits (2020-2028) ($MN)
5 Global Commercial Greenhouse Market Outlook, By Tomato (2020-2028) ($MN)
6 Global Commercial Greenhouse Market Outlook, By Bell & Chili Pepper (2020-2028) ($MN)
7 Global Commercial Greenhouse Market Outlook, By Strawberry (2020-2028) ($MN)
8 Global Commercial Greenhouse Market Outlook, By Lettuce (2020-2028) ($MN)
9 Global Commercial Greenhouse Market Outlook, By Leafy Greens (excluding Lettuce) (2020-2028) ($MN)
10 Global Commercial Greenhouse Market Outlook, By Cucumber (2020-2028) ($MN)
11 Global Commercial Greenhouse Market Outlook, By Brassicas (2020-2028) ($MN)
12 Global Commercial Greenhouse Market Outlook, By Berries (2020-2028) ($MN)
13 Global Commercial Greenhouse Market Outlook, By Other Fruit Types (2020-2028) ($MN)
14 Global Commercial Greenhouse Market Outlook, By Flowers & Ornamentals (2020-2028) ($MN)
15 Global Commercial Greenhouse Market Outlook, By Perennials (2020-2028) ($MN)
16 Global Commercial Greenhouse Market Outlook, By Annuals (2020-2028) ($MN)
17 Global Commercial Greenhouse Market Outlook, By Ornamentals (2020-2028) ($MN)
18 Global Commercial Greenhouse Market Outlook, By Roots & Tubers (2020-2028) ($MN)
19 Global Commercial Greenhouse Market Outlook, By Other Products (2020-2028) ($MN)
20 Global Commercial Greenhouse Market Outlook, By Type (2020-2028) ($MN)
21 Global Commercial Greenhouse Market Outlook, By Glass Greenhouse (2020-2028) ($MN)
22 Global Commercial Greenhouse Market Outlook, By Horticulture Glass (2020-2028) ($MN)
23 Global Commercial Greenhouse Market Outlook, By Plastic (2020-2028) ($MN)
24 Global Commercial Greenhouse Market Outlook, By Polyethylene (2020-2028) ($MN)
25 Global Commercial Greenhouse Market Outlook, By Polymethly-Methacrylate (2020-2028) ($MN)
26 Global Commercial Greenhouse Market Outlook, By Polycarbonate (2020-2028) ($MN)
27 Global Commercial Greenhouse Market Outlook, By Other Types (2020-2028) ($MN)
28 Global Commercial Greenhouse Market Outlook, By Equipment (2020-2028) ($MN)
29 Global Commercial Greenhouse Market Outlook, By Hardware (2020-2028) ($MN)
30 Global Commercial Greenhouse Market Outlook, By Lighting System (2020-2028) ($MN)
31 Global Commercial Greenhouse Market Outlook, By Communication System (2020-2028) ($MN)
32 Global Commercial Greenhouse Market Outlook, By Climate Control System (2020-2028) ($MN)
33 Global Commercial Greenhouse Market Outlook, By Sensors (2020-2028) ($MN)
34 Global Commercial Greenhouse Market Outlook, By System Controls (2020-2028) ($MN)
35 Global Commercial Greenhouse Market Outlook, By Irrigation Systems (2020-2028) ($MN)
36 Global Commercial Greenhouse Market Outlook, By Other Hardwares (2020-2028) ($MN)
37 Global Commercial Greenhouse Market Outlook, By Software (2020-2028) ($MN)
38 Global Commercial Greenhouse Market Outlook, By Cloud-based (2020-2028) ($MN)
39 Global Commercial Greenhouse Market Outlook, By Web-based (2020-2028) ($MN)
40 Global Commercial Greenhouse Market Outlook, By Services (2020-2028) ($MN)
41 Global Commercial Greenhouse Market Outlook, By System Integration & Consulting (2020-2028) ($MN)
42 Global Commercial Greenhouse Market Outlook, By Assisted Professional Services (2020-2028) ($MN)
43 Global Commercial Greenhouse Market Outlook, By Managed Services (2020-2028) ($MN)
44 Global Commercial Greenhouse Market Outlook, By Technology (2020-2028) ($MN)
45 Global Commercial Greenhouse Market Outlook, By Heating System (2020-2028) ($MN)
46 Global Commercial Greenhouse Market Outlook, By Cooling System (2020-2028) ($MN)
47 Global Commercial Greenhouse Market Outlook, By Other Technologies (2020-2028) ($MN)
48 Global Commercial Greenhouse Market Outlook, By Component (2020-2028) ($MN)
49 Global Commercial Greenhouse Market Outlook, By High-Tech Commercial Greenhouse (2020-2028) ($MN)
50 Global Commercial Greenhouse Market Outlook, By Medium-Tech Commercial Greenhouse (2020-2028) ($MN)
51 Global Commercial Greenhouse Market Outlook, By Low-Tech Greenhouse (2020-2028) ($MN)
52 Global Commercial Greenhouse Market Outlook, By Other Components (2020-2028) ($MN)
53 Global Commercial Greenhouse Market Outlook, By End User (2020-2028) ($MN)
54 Global Commercial Greenhouse Market Outlook, By Research & Educational Institutes (2020-2028) ($MN)
55 Global Commercial Greenhouse Market Outlook, By Commercial Growers (2020-2028) ($MN)
56 Global Commercial Greenhouse Market Outlook, By Retail Gardens (2020-2028) ($MN)
57 Global Commercial Greenhouse Market Outlook, By Other End Users (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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