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Commercial Greehouse Market Outlook 2024: Exclusive Report By The Business Research Company
Commercial Greehouse Market
The Business Research Company offers in-depth market insights through Commercial Greehouse Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The commercial greenhouse market size has grown rapidly in recent years. It will grow from $32.44 billion in 2023 to $35.86 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to growing demand for fresh produce, increasing population, climate change and extreme weather events, sustainability and organic farming.
The commercial greenhouse market size is expected to see rapid growth in the next few years. It will grow to $53.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to urbanization and limited arable land, government incentives and regulations, consumer preferences, export opportunities. Major trends in the forecast period include research and development, technological advancements, sustainable and eco-friendly practices, smart and automated greenhouses, vertical farming, controlled-environment agriculture (cea), specialty crop production, circular agriculture, health and wellness products.
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Market Segmentation:
The commercial greehouse market covered in this report is segmented -
1) By Type: Glass Greenhouse, Plastic Greenhouse
2) By Equipment Type: Cooling Systems, Heating Systems, Other Equipments
3) By Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Other Crops
Major Driver - Population Growth And Arable Land Scarcity Drive Commercial Greenhouse Market Expansion
Increasing population and low availability of arable land are the key factors driving the growth of the commercial greenhouse market. The vine seed production in greenhouse farming is more than double that of conventional cultivation, attributed to regulated media and environmental conditions. For instance, in July 2022, according to a report published by the United Nations, the current world population stood at 7.9 billion in 2021, with projected increases to 8.5 billion in 2030, 9.7 billion in 2050, and 10.9 billion in 2100. in 2030, 660 million people may still experience hunger. As a result, current arable land is under pressure to grow more food by using soil treatment devices. Thus, the situation of increasing food demand and decreasing arable land is expected to boost the growth of the commercial greenhouse market, which provides a better harvest both in terms of quality and quantity than the traditional methods.
Competitive Landscape:
Major companies operating in the commercial greehouse market report are Heliospectra AB, Nexus Corporation, Rough Brothers Inc., Agra Tech Inc., LumiGrow Inc., Logiqs BV, Certhon - Greenhouse Solutions BV, Argus Control Systems Ltd., Richel Group, Hort Americas, International Greenhouse Company, Top Greenhouses, Poly-Tex Inc., Stuppy Greenhouse, The Glasshouse Company Pty Ltd, Omni Structures International, Europrogress S. r. l., DeCloet Greenhouse Manufacturing Ltd., Luiten Greenhouses B. V., DutchGreenhouses B. V., Green Tek Inc., Texas Greenhouse Company Inc., Cravo Equipment Ltd., Hoogendoorn Growth Management B. V., Van Wingerden Greenhouse Company Inc., Growers Supply Company Inc., Atlas Manufacturing Inc., Rimol Greenhouse Systems Inc., GGS Structures Inc., A&B Packing Equipment Inc., CropKing Inc., Harnois Industries Inc., Multinovavent Greenhouse Company LLC, Agrofarma Inc., AgriTech Solutions LLC, Svensson USA Inc., BW GLOBAL Structures Inc., Conley's Manufacturing and Sales Corp., Netafim USA Inc., Van der Hoeven Horticultural Projects B. V.
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https://www.thebusinessresearchcompany.com/report/commercial-greenhouse-global-market-report
Top Trend - Innovating The Commercial Greenhouse Market With Advanced Greenhouse Films
Major companies operating in commercial greenhouse are innovating advanced greenhouse films to provide reliable services to customers. Advanced greenhouse films are specialized, high-performance materials designed to optimize light transmission, thermal insulation, and durability for enhanced crop growth and environmental control in greenhouse agriculture. For instance, in November 2022, UbiQD, Inc. is a US-based advanced materials manufacturing company launched UbiGro Inner-600 and UbiGro Inner-650. UbiGro Inner-600 is used for increasing fruit sets and fruit size in crops like strawberries, floriculture, and tomatoes. UbiGro Inner-650 is used for vegetative crop types and crops where overall plant growth is important. UbiGro Inner-600 and UbiGro Inner-650 are deisgned to work better for specific light-level conditions and target better individual crop types.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Commercial Greehouse Market Characteristics
3. Commercial Greehouse Market Trends And Strategies
4. Commercial Greehouse Market - Macro Economic Scenario
5. Commercial Greehouse Market Size And Growth
…..
27. Commercial Greehouse Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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