The global commercial greenhouse market is expected to be valued at US$ 44.6 billion in 2024 and is projected to be worth US$ 137 billion by 2034. The market is anticipated to expand at a CAGR of 11.9% on average between 2024 and 2034. The commercial greenhouse industry is growing rapidly due to the rising demand for sustainable food production and controlled environment agriculture.
Customers in the commercial greenhouse sector place a higher value on environmentally friendly and energy-efficient solutions. For precision farming, they are looking for cutting-edge technology, such as automated systems and intelligent controls. An emphasis on year-round production, crop diversity, and the capacity to satisfy local and fresh supply requirements further drive demand.
Consumption Analysis of the Commercial Greenhouse
Attributes | Details |
---|---|
Commercial Greenhouse Market Value for 2024 | US$ 44.6 billion |
Commercial Greenhouse Market Size for 2034 | US$ 137 billion |
Commercial Greenhouse Market Forecast CAGR for 2024 to 2034 | 11.9% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The current section thoroughly examines the sector throughout the preceding five years, emphasizing the anticipated trends in the commercial greenhouse market's growth. A solid 15.8% historical compound annual growth rate suggests the market is gradually declining. Through 2034, the industry is expected to endure growth at a stable 11.9% CAGR.
Historical CAGR | 15.8% |
---|---|
Forecast CAGR | 11.9% |
Economic downturns, customer preferences shifting toward outdoor farming and traditional methods, and new problems such as shifting market dynamics or external causes such as disease and climate change are all likely to reduce the demand for commercial greenhouses.
Crucial factors that are anticipated to affect the demand for industrial greenhouse through 2034.
Popularity of the Horticultural Crops in the Majority Demand
Horticultural crops are in high demand for various factors in the commercial greenhouse business. Fresh, locally produced fruit is becoming increasingly important to consumers, so year-round growing in regulated circumstances is required. Growers are implementing greenhouse technology due to growing public awareness of environmentally friendly and sustainable farming techniques.
Greenhouse-regulated environments promote optimal development, increased yield, and less environmental impact. This increased need is consistent with trends toward better eating habits, requiring the commercial greenhouse sector to play an important part in supplying the rising demand for high-quality horticulture crops.
Reduced Amount of Water and Land Improves Greenhouse Yields
Greenhouse farming offers a significant advantage over conventional farming methods by utilizing less water and land to produce the same food. Since urbanization displaces arable land and diminishes the total quantity of agricultural area, greenhouse farming may help meet the growing population's demand for food. Water is wasted less in organic farming than in standard agriculture.
Greenhouse farming requires 95% less water than conventional agriculture for the same amount of crops. Farmers may reuse the water for irrigation in vertical greenhouses since transpiration occurs during the production of goods or plants. Less water and land consumption in greenhouse farming promotes market growth.
Increasing Demand for Controlled Environment Agriculture
The industry is experiencing increased demand for controlled environment agriculture (CEA) due to various causes. Controlled environment agriculture optimizes crop growth and resource usage by giving farmers exact control over temperature, humidity, and light. Because of this technology, fresh food can be grown all year round, providing a consistent and dependable supply regardless of the weather.
Controlled environment agriculture (CEA) minimizes environmental influence and focuses on sustainable practices and efficient resource management. Moreover, it is becoming increasingly popular as customers prefer high-quality, pesticide-free, and locally-produced produce.
In-depth analyses of certain commercial greenhouse industry segments are presented in this section. The two main subjects of the current research are the heating systems equipment market and the crops that produce fruits and vegetables.
Attributes | Details |
---|---|
Top Equipment Type | Heating Systems |
CAGR from 2024 to 2034 | 11.7% |
The heating systems types of equipment category are estimated to rule the commercial greenhouse market, with an impressive CAGR of 11.7%. There are several reasons for this inclination for heating systems for the commercial greenhouses:
Attributes | Details |
---|---|
Top Crop Type | Fruits and Vegetables |
CAGR from 2024 to 2034 | 11.6% |
With a noteworthy CAGR of 11.6%, fruit and vegetables emerged as a popular crop category. The following is a description of this supremacy:
This section examines the markets for commercial greenhouses in many important nations, such as the United States, China, Japan, South Korea, and the United Kingdom. The section explores the aspects influencing commercial greenhouses' demand, acceptance, and sales in particular countries.
Country | CAGR from 2024 to 2034 |
---|---|
United States | 24.7% |
Japan | 15.4% |
United Kingdom | 5.6% |
South Korea | 8.2% |
China | 20.8% |
In the United States, the demand for commercial greenhouses is anticipated to expand at a staggering compound annual growth rate of 24.7% through 2034. The following factors fuel this rapid growth:
Japan is experiencing a surge in demand for commercial greenhouses for farming, with a predicted CAGR of 15.4% through 2034. Some of the primary drivers include:
China is seeing an increase in demand for commercial greenhouses, with a predicted CAGR of 20.8% through 2034. Among the main trends are:
The market for commercial greenhouses is expanding in the United Kingdom with an estimated CAGR of 5.6% through 2034. Here are a few of the key trends:
Through 2034, the market for commercial greenhouses in South Korea is anticipated to increase at a promising CAGR of 8.2%. Several of the key trends are as follows:
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The leading players in the market are expanding their businesses, creating a standardization of the best practices in greenhouse farming. Industry leaders such as Sotrafa and Berry Global prioritize sustainability by adopting eco-friendly practices, promoting resource-efficient technologies, and adhering to environmental standards, thus influencing the overall outlook of greenhouse agriculture.
Influential companies such as Richel Group and Argus Control Systems Ltd are also crucial in educating stakeholders, including farmers and consumers, about the advantages of commercial greenhouses, influencing market perceptions, and driving acceptance.
Investments in research and development activities contribute to developing advanced greenhouse solutions, crop varieties, and cultivation methods, which positively impact the industry's overall productivity and sustainability.
The top players in the market, such as Certho and Logiq 's BV, are driving the adoption of innovative technologies, including precision farming, automation, and climate control systems, shaping the industry's modernization and efficiency. Collaborations and partnerships with technology providers, agricultural research institutions, and government bodies facilitate knowledge exchange, driving advancements and industry growth.
Leading players are also actively advocating supportive policies at national and international levels, influencing regulatory frameworks that impact the growth and development of the commercial greenhouse industry.
Recent Developments in the Commercial Greenhouse Industry:
The commercial greenhouse market is expected to have a value of US$ 44.6 billion in 2024.
The United States, with a 24.7% CAGR, is likely to dominate the market through 2034.
The commercial greenhouse market is anticipated to surpass US$ 137 billion by 2034.
The commercial greenhouse industry is anticipated to evolve at a CAGR of 11.9% from 2024 to 2034.
The heating system is estimated to lead with a growth rate of 11.7% through 2034.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Equipment
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Equipment, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Equipment, 2024 to 2034
5.3.1. Heating Systems
5.3.2. Cooling Systems
5.3.3. Others
5.4. Y-o-Y Growth Trend Analysis By Equipment, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Equipment, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034
6.3.1. Glass Greenhouses
6.3.2. Plastics Greenhouses
6.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Crop Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Crop Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Crop Type, 2024 to 2034
7.3.1. Flowers & Ornamentals
7.3.2. Nursery Crops
7.3.3. Fruits & Vegetables
7.3.4. Others
7.4. Y-o-Y Growth Trend Analysis By Crop Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Crop Type, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Equipment
9.2.3. By Type
9.2.4. By Crop Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Equipment
9.3.3. By Type
9.3.4. By Crop Type
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Equipment
10.2.3. By Type
10.2.4. By Crop Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Equipment
10.3.3. By Type
10.3.4. By Crop Type
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Equipment
11.2.3. By Type
11.2.4. By Crop Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Equipment
11.3.3. By Type
11.3.4. By Crop Type
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Equipment
12.2.3. By Type
12.2.4. By Crop Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Equipment
12.3.3. By Type
12.3.4. By Crop Type
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Equipment
13.2.3. By Type
13.2.4. By Crop Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Equipment
13.3.3. By Type
13.3.4. By Crop Type
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Equipment
14.2.3. By Type
14.2.4. By Crop Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Equipment
14.3.3. By Type
14.3.4. By Crop Type
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Equipment
15.2.3. By Type
15.2.4. By Crop Type
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Equipment
15.3.3. By Type
15.3.4. By Crop Type
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Equipment
16.1.2.2. By Type
16.1.2.3. By Crop Type
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Equipment
16.2.2.2. By Type
16.2.2.3. By Crop Type
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Equipment
16.3.2.2. By Type
16.3.2.3. By Crop Type
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Equipment
16.4.2.2. By Type
16.4.2.3. By Crop Type
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Equipment
16.5.2.2. By Type
16.5.2.3. By Crop Type
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Equipment
16.6.2.2. By Type
16.6.2.3. By Crop Type
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Equipment
16.7.2.2. By Type
16.7.2.3. By Crop Type
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Equipment
16.8.2.2. By Type
16.8.2.3. By Crop Type
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Equipment
16.9.2.2. By Type
16.9.2.3. By Crop Type
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Equipment
16.10.2.2. By Type
16.10.2.3. By Crop Type
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Equipment
16.11.2.2. By Type
16.11.2.3. By Crop Type
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Equipment
16.12.2.2. By Type
16.12.2.3. By Crop Type
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Equipment
16.13.2.2. By Type
16.13.2.3. By Crop Type
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Equipment
16.14.2.2. By Type
16.14.2.3. By Crop Type
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Equipment
16.15.2.2. By Type
16.15.2.3. By Crop Type
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Equipment
16.16.2.2. By Type
16.16.2.3. By Crop Type
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Equipment
16.17.2.2. By Type
16.17.2.3. By Crop Type
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Equipment
16.18.2.2. By Type
16.18.2.3. By Crop Type
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Equipment
16.19.2.2. By Type
16.19.2.3. By Crop Type
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Equipment
16.20.2.2. By Type
16.20.2.3. By Crop Type
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Equipment
16.21.2.2. By Type
16.21.2.3. By Crop Type
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Equipment
16.22.2.2. By Type
16.22.2.3. By Crop Type
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Equipment
16.23.2.2. By Type
16.23.2.3. By Crop Type
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Equipment
17.3.3. By Type
17.3.4. By Crop Type
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Berry Global
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Signify Holding
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Heliospectra AB
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Plastika Kritis
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Everlight Electronics
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Richel Group
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Argus Control Systems
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Certhon
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Logiqs BV
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. LumiGrow
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.11. Agra-tech, Inc
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Explore Technology Insights
View Reports