Global Greenhouse Market is valued at approximately USD 32894.4 million in 2021 andis anticipated to grow with a healthy growth rate of more than 11.9% over the forecast period 2022-2029.Greenhouse offers numerous lucrative business opportunities. The primary purposes of a greenhouse are the cultivation of annual and perennial crops, the production of premium flowers and vegetables, and the preparation of a nursery through tissue culture byproviding highly stable and controlled settings.This makes greenhouse plants thrive consistently even in areas with difficult topography, soil, or temperature. Also, these crops require proper environmental conditions to grow.However, rising urbanization is leading to a decline in arable lands accelerating in the adoption of Modern Farming Techniques driving the Greenhouse market.
Growing population is increasing the need of construction and accommodations on big farmlands. This further leads to a shift from traditional farming techniques to modern farming that does not require arable lands and can be grown under certain environmental conditions. According to United Nations, Food and Agriculture Organization, there should be increase in food production by 70% to meet global food requirements. Simultaneously decreasing agricultural land issues should be overcome by preferring greenhouse farming. Using methods such ascontrolled environment agricultural technology, where the facilities use climate control systems, greenhouse farming protects crops from adverse weather conditions and givesseveral benefits to the crop.Additionally, producers are receiving some financial aid from government agencies, which is thought to accelerate market expansion and crops are benefitted significantly through greenhouse farming. For instance, The National Horticulture Board which oversees greenhouse farming in India is offering a 50.0% subsidy on projects with a maximum cap of Rupees 112.0 lakh per beneficiary.However, the high cost of initial investment of Greenhouse stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Greenhouse Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.With a 32.05% market revenue share in 2021, Europe is expected to grow at a substantial CAGR in the forecasted period. This growth in the region is majorly due to expanding population and declining land availability. There's a rise in modern farming techniques to feed manypopulations. The fastest-growing region is expected to be Asia-Pacific. As the rising demand forhomes isto be met with the need to ensure food security, Greenhouse techniques are preferred. Therefore, Greenhouse farming provides higher-yield compared to traditional farming techniques improving the agricultural sector.
Major market players included in this report are:
- SOTRAFA, S.A
- Berry Global, Inc
- Certhon Greenhouse solutions
- Richel Group SA
- Logiqs B.V.,
- Argus Control Systems Ltd
- Poly-Tex, Inc.
- The Glasshouse Company Pty. Ltd.
- Luiten Greenhouses BV
- Agra Tech, Inc.
Recent Developments in the Market:
- In April 2020, DENSO Corporation stated that it would invest in Certhon to jointly create and offer greenhouse solutions.
- In Aug 2020, GrowSpan Greenhouse Structures unveiled its commercial greenhouse Series 750. The greenhouse has a fully automated interior low-light system that is sold for an unexpectedly high price.
- In June 2018, Illumitex launched its new product Harvest Edge which is a horticulture LED grow lighting system that can be used effectively in greenhouse farming.
Global Greenhouse Market Report Scope:
- Historical Data 2019-2020-2021
- Base Year for Estimation 2021
- Forecast period 2022-2029
- Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered Type, Offering, Crop Type, End-user, Region
- Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Glass Greenhouse
- Plastic Greenhouse
By Offering:
- Hardware
- Software
- Services
By Crop Type:
- Fruits, Vegetables & Herbs
- Flowers & Ornamentals
- Others
By End-user:
- Commercial Growers
- Research and Educational Institutes
- Retail Gardens
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Greenhouse Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Greenhouse Market, by Type,2019-2029 (USD Million)
- 1.2.3. Greenhouse Market, by Offering, 2019-2029 (USD Million)
- 1.2.4. Greenhouse Market, by Crop Type, 2019-2029 (USD Million)
- 1.2.5. Greenhouse Market, by End-user, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Greenhouse Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Greenhouse Market Dynamics
- 3.1. Greenhouse Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Decline in Arable Land
- 3.1.1.2. Adoption of Modern farming techniques
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Initial Investment
- 3.1.3. Market Opportunities
- 3.1.3.1. Numerous Benefits for crops
- 3.1.3.2. Financial Assistance by Government
Chapter 4. Global Greenhouse MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Greenhouse Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Greenhouse Market by Type, Performance - Potential Analysis
- 6.3. Global Greenhouse Market Estimates & Forecasts by Type2019-2029 (USD Million)
- 6.4. Greenhouse Market, Sub Segment Analysis
- 6.4.1. Glass Greenhouse
- 6.4.2. Plastic Greenhouse
Chapter 7. Global Greenhouse Market, by Offering
- 7.1. Market Snapshot
- 7.2. Global Greenhouse Market by Offering, Performance - Potential Analysis
- 7.3. Global Greenhouse Market Estimates & Forecasts by Offering2019-2029 (USD Million)
- 7.4. Greenhouse Market, Sub Segment Analysis
- 7.4.1. Hardware
- 7.4.2. Software
- 7.4.3. Services
Chapter 8. Global Greenhouse Market, byCrop Type
- 8.1. Market Snapshot
- 8.2. Global Greenhouse Market by Crop Type, Performance - Potential Analysis
- 8.3. Global Greenhouse Market Estimates & Forecasts by Crop Type2019-2029 (USD Million)
- 8.4. Greenhouse Market, Sub Segment Analysis
- 8.4.1. Fruits, Vegetables & Herbs
- 8.4.2. Flowers & Ornamentals
- 8.4.3. Others
Chapter 9. Global Greenhouse Market, by End-user
- 9.1. Market Snapshot
- 9.2. Global Greenhouse Market by End-user, Performance - Potential Analysis
- 9.3. Global Greenhouse Market Estimates & Forecasts by End-user2019-2029 (USD Million)
- 9.4. Greenhouse Market, Sub Segment Analysis
- 9.4.1. Commercial Growers
- 9.4.2. Research and Educational Institutes
- 9.4.3. Retail Gardens
- 9.4.4. Others
Chapter 10. Global Greenhouse Market, Regional Analysis
- 10.1. Greenhouse Market, Regional Market Snapshot
- 10.2. North America Greenhouse Market
- 10.2.1. U.S.Greenhouse Market
- 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Offering breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Crop Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End-userbreakdown estimates & forecasts, 2019-2029
- 10.2.2. CanadaGreenhouse Market
- 10.3. Europe Greenhouse Market Snapshot
- 10.3.1. U.K. Greenhouse Market
- 10.3.2. Germany Greenhouse Market
- 10.3.3. France Greenhouse Market
- 10.3.4. Spain Greenhouse Market
- 10.3.5. Italy Greenhouse Market
- 10.3.6. Rest of EuropeGreenhouse Market
- 10.4. Asia-PacificGreenhouse Market Snapshot
- 10.4.1. China Greenhouse Market
- 10.4.2. India Greenhouse Market
- 10.4.3. JapanGreenhouse Market
- 10.4.4. Australia Greenhouse Market
- 10.4.5. South Korea Greenhouse Market
- 10.4.6. Rest of Asia PacificGreenhouse Market
- 10.5. Latin America Greenhouse Market Snapshot
- 10.5.1. Brazil Greenhouse Market
- 10.5.2. MexicoGreenhouse Market
- 10.6. Rest of The World Greenhouse Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. SOTRAFA, S.A
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. ProductSummary
- 11.2.1.5. Recent Developments
- 11.2.2. Berry Global, Inc
- 11.2.3. Certhon Greenhouse solutions
- 11.2.4. Richel Group SA
- 11.2.5. Logiqs B.V.,
- 11.2.6. Argus Control Systems Ltd
- 11.2.7. Poly-Tex, Inc.
- 11.2.8. The Glasshouse Company Pty. Ltd.
- 11.2.9. Luiten Greenhouses BV
- 11.2.10. Agra Tech, Inc.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption