Global Commercial Greenhouse Market

The global commercial greenhouse market is projected to expand at substantial CAGR during the forecast period, between 2021 and 2028. The commercial greenhouse market supplies their customers with highly controlled and stable environments suitable for the growth of flowers, vegetables, fruits, and transplants for planting which ensures a reliable growth of greenhouse plants. Greenhouses enable a proper growth of plants despite some issues like the topography, soil types, and climatic changes this gives more control to the people for planting the crops and helps them to manage the irrigation, air humidity & light efficiency, all of which are important factors for proper plant growth and ensures a good yield.

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The Covid-19 pandemic affected the demand and supply of global commercial greenhouse market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities:

• The elimination of climatic restrictions and controlled environmental conditions, farmers grow fruits, vegetables, pulses, grains all year round which helps improve the genetics of the plant which drives the market.
• Instead of relying on natural bee pollination, producers now use the pesticides and chemicals to control diseases or any other vulnerability to the plants.
• The restriction faced by the commercial greenhouse market is that the crops require a precise environment to grow which makes it difficult to monitor optimum humidity, temperature, light, and water.
• The control of all the environmental conditions incurs a high cost and skills which makes it tough for farmers which is projected to hamper the market.
• Floriculture has emerged as a hi-tech activity under controlled climatic conditions. This new trend in the market has led to new opportunities for the commercial greenhouse market.

Scope of the report:

The report on commercial greenhouse market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Commercial Greenhouse Market Segment Insights:

The vegetable segment is projected to hold maximum share

On the basis of product types, the commercial greenhouse market is segmented into fruits, vegetables, flowers & ornamentals and nursery crops. The vegetable segment is projected to expand at a high CAGR during the forecast period due to high demand of vegetables by the consumers. Farmers and agriculturists require greenhouses to grow vegetables as it is a food source for the people. Thus, to control the growth of the vegetables and to ensure proper quality of the produce, farmers use greenhouses for growing vegetables.

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The plastic greenhouse segment is the rapid growing segment

In terms of greenhouse types, the commercial greenhouse market is bifurcated into plastic greenhouse and glass greenhouse. The plastic greenhouse segment is forecasted to witness significant growth during the forecast period owing to the durability in comparison to glass greenhouses. The composition of plastic greenhouses ensures that they can withstand extreme weather conditions and are effective in resisting tearing.

The heating system segment accounted for a significant share in 2020

Based on equipment, the commercial greenhouse market can be segmented into heating systems, cooling systems, and others. The others segment includes LED grow lights, control systems, irrigation systems, ventilation, and communication technology. The heating system holds the major market share. They provide a constant temperature control and do not hamper plant growth. These heating systems aid plant growth by providing the exact temperature conditions required for optimum growth of the plant and thus are very popular among users.

North America is projected to dominate the market

In terms of regions, the global commercial greenhouse market can be split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the market. Farmers in the North America have switched to modern techniques for farming, instead of the traditional methods. The integration of automation technologies in commercial greenhouses has aided in boosting the market due to high demand of advanced greenhouses by the users.

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Segments

• Fruits
• Vegetables
• Flowers & Ornamentals
• Nursery crops

• Plastic Greenhouse
• Glass Greenhouse

• Heating Systems
• Cooling Systems
• Others
  • LED Grow Lights
  • Control Systems
  • Irrigation Systems
  • Ventilation
  • Communication Technology

• North America
• Europe
• Latin America
• Asia Pacific
• Middle East & Africa

• Richel Group SA
• Argus Control Systems Ltd.
• Certhon- Greenhouse Solutions
• Lumigrow
• Agra Tech
• Rough Brothers; Inc.
• NEXUS Greenhouse Systems
• Heliospectra AB

Competitive Landscape

Key players in the commercial greenhouse market include Richel Group SA; Argus Control Systems Ltd.; Certhon- Greenhouse Solutions; Lumigrow; Inc. Agra Tech; Inc.; Rough Brothers; Inc.; NEXUS Greenhouse Systems; and Heliospectra AB. Various new strategies have been integrated by the players for gaining a competitive advantage over the other key players. The players in the commercial greenhouse market are implementing various growth strategies to gain a competitive advantage over their competitors in the global commercial greenhouse market.