Commercial Greenhouse Market by Type (Glass, Plastic), Equipment (Cooling Systems, Germination Rooms, Heating Systems), Crop Type, Deployment - Global Forecast 2024-2030
The Commercial Greenhouse Market size was estimated at USD 37.98 billion in 2023 and expected to reach USD 41.16 billion in 2024, at a CAGR 8.53% to reach USD 67.40 billion by 2030.
A commercial greenhouse grows crops and has high-tech facilities specifically equipped to produce the intended crops. Commercial greenhouses grow vegetables, flowers, trees, cannabis, and shrubs. Many greenhouses have transparent roofs to allow sunlight to grow the plants. Increasing awareness regarding the benefits of conventional farming techniques is accelerating the use of commercial greenhouse farming techniques worldwide. The rising population and growing demand for food are expanding the use of commercial greenhouse techniques to produce high-quality fruits and vegetables. However, high maintenance and limited knowledge about advanced technologies among farmers may adversely impact the commercial greenhouse market. Moreover, the ongoing advancements and introduction of improved monitoring sensor technologies are expected to encourage the growth of the commercial greenhouse market worldwide.
Regional Insights
The commercial greenhouse market in the Americas region is proliferating with the increasing supportive government initiatives to maximize agricultural sector output and the presence of competitive market players involved in continuous product development. The Asia-Pacific commercial greenhouse market is expanding with the growing food demand due to the increasing population and adoption of innovative farming technologies by the farmers in the region. Rapid urbanization, increasing demand for food due to the growing population, and climate change accelerate the need for commercial greenhouses in the Asia-Pacific. Europe, the Middle East, and Africa's commercial greenhouse market is growing due to the favorable weather conditions for adopting commercial greenhouse automation machinery and government assistance to spread awareness regarding the benefits of commercial greenhouses. The growing shift toward sustainable greenhouse farming and rising human health and environmental concerns among the population have expanded the popularity of organic greenhouse farming and are anticipated to encourage the growth of the commercial greenhouse market worldwide.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the Commercial Greenhouse Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
Growing Demand from Ornamental Horticulture Applications
Increasing Population Coupled with Rising Demand for Food Globally
Rapid Urbanization and Unprecedented Climate Change Impacts on Agriculture
Market Restraints
Significant Upfront and Maintenance Cost
Market Opportunities
Advancing Commercial Greenhouse with Integrated Automation and Smart Technologies
Sustainable Farming Practices Through Commercial Greenhouse
Market Challenges
Limited Awareness and Technical Knowledge Among Farmers
Market Segmentation Analysis
Type: Higher preference for plastic greenhouses owing to their versatility and cost-effectiveness
Deployment: Increasing demand for gutter-connected greenhouses, characterized by their interconnected bays forming a single large structure
Market Disruption Analysis
Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Commercial Greenhouse Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Commercial Greenhouse Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Mastronardi acquisition accelerates growth in New York
Mastronardi Produce, a greenhouse vegetable provider, acquired a New York-based produce company to expand its reach. This move allows Mastronardi to extend its high-quality greenhouse produce to the Northeastern United States.
The partnership enables the bank to expand its operations in the carbon credit market with solutions for both the domestic and global markets
Pactual Group, a Brazilian multinational firm, announced their acquisition of a stake in Systemica, an environmental asset developer that specializes in greenhouse gas emission reduction projects. This strategic investment is part of their mission to ensure financial returns to their clients while also positively impacting the environment for future generations. The acquisition allows Systemica to expand its operations and increase the portfolio of green energy projects available for investment.
NASA Funds Scale-Up of Fluorescent Greenhouse Roofing Technology
NASA funded the Scale-Up of Fluorescent Greenhouse Roofing Technology, a project that utilizes special greenhouse roof materials designed to more efficiently reflect sunlight to naturally cool air inside the greenhouse. This technology has already been tested successfully in multiple countries, and is expected to lower electricity consumption by up to 35%, while still maintaining optimal temperatures for plant growth. With the support of NASA, this technology is now available on a larger scale, providing an option for commercial greenhouses looking for ways to save money and improve their operations.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Commercial Greenhouse Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Commercial Greenhouse Market, highlighting leading vendors and their innovative profiles. These include Agra Tech, Inc., Argus Control Systems Limited, ATLAS MANUFACTURING, INC., BC Greenhouse Builders Ltd., Beijing Kingpeng International Hi-Tech Corporation, BW GLOBAL Structures Inc., Ceres Greenhouse Solutions, Certhon Build B.V., DeCloet Greenhouse Manufacturing Ltd., Europrogress, FarmTek, Gibraltar Industries, Inc., Growers Supply, Inc., Heliospectra AB, Hort Americas, Hummert International, IGreen Industries Limited, Keder Greenhouse Ltd., Logiqs B.V., Luiten Greenhouses BV, LumiGrow, Inc., Nobutec B.V., Noonty Greenhouse Co., Ltd., Omni Structures International, Poly-Tex, Inc., Prospiant, Inc., Qingzhou Xinhe Greenhouse Horticulture Co., Ltd., Richel Group, Stuppy Greenhouse, The Glasshouse Company Pty Ltd., and The International Greenhouse Contractors LLC.
Market Segmentation & Coverage
This research report categorizes the Commercial Greenhouse Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Glass
Plastic
Equipment
Cooling Systems
Germination Rooms
Heating Systems
Irrigation Control
Supplementation Lighting
Crop Type
Flowers & Ornamentals
Fruits & Vegetables
Nursery Crops
Deployment
Free-standing Greenhouse
Gutter-connected Greenhouse
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Demand from Ornamental Horticulture Applications
5.1.1.2. Increasing Population Coupled with Rising Demand for Food Globally
5.1.1.3. Rapid Urbanization and Unprecedented Climate Change Impacts on Agriculture
5.1.2. Restraints
5.1.2.1. Significant Upfront and Maintenance Cost
5.1.3. Opportunities
5.1.3.1. Advancing Commercial Greenhouse with Integrated Automation and Smart Technologies
5.1.3.2. Sustainable Farming Practices Through Commercial Greenhouse
5.1.4. Challenges
5.1.4.1. Limited Awareness and Technical Knowledge Among Farmers
5.2. Market Segmentation Analysis
5.2.1. Type: Higher preference for plastic greenhouses owing to their versatility and cost-effectiveness
5.2.2. Deployment: Increasing demand for gutter-connected greenhouses, characterized by their interconnected bays forming a single large structure
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter’s Five Forces Analysis
5.6.1. Threat of New Entrants
5.6.2. Threat of Substitutes
5.6.3. Bargaining Power of Customers
5.6.4. Bargaining Power of Suppliers
5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization
6. Commercial Greenhouse Market, by Type
6.1. Introduction
6.2. Glass
6.3. Plastic
7. Commercial Greenhouse Market, by Equipment
7.1. Introduction
7.2. Cooling Systems
7.3. Germination Rooms
7.4. Heating Systems
7.5. Irrigation Control
7.6. Supplementation Lighting
8. Commercial Greenhouse Market, by Crop Type
8.1. Introduction
8.2. Flowers & Ornamentals
8.3. Fruits & Vegetables
8.4. Nursery Crops
9. Commercial Greenhouse Market, by Deployment
9.1. Introduction
9.2. Free-standing Greenhouse
9.3. Gutter-connected Greenhouse
10. Americas Commercial Greenhouse Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Commercial Greenhouse Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Commercial Greenhouse Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.3.1. Mastronardi acquisition accelerates growth in New York
13.3.2. The partnership enables the bank to expand its operations in the carbon credit market with solutions for both the domestic and global markets
13.3.3. NASA Funds Scale-Up of Fluorescent Greenhouse Roofing Technology
13.3.4. COP27 Reaches Breakthrough Agreement on New “Loss and Damage” Fund for Vulnerable Countries
13.3.5. Redwire to Develop First Commercial Space Greenhouse to Improve Crop Science on Earth and Support Future Space Exploration Missions
13.3.6. Infrascreen nets USD 1.5m for its efficiency-boosting greenhouse nanomaterial