Commercial Greenhouse Market By Size, Growth, Trends and Forecast 2018-2028

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 38.67 Billion
CAGR (2023-2028)	9.51%
Fastest Growing Segment	Plastic Greenhouse
Largest Market	North America

Market Overview

Global Commercial Greenhouse Market has valued at USD 38.67 Billion in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 9.51% through 2028. A commercial greenhouse, also known as a glasshouse or hothouse, is an outdoor structure with transparent roofs and walls made of materials such as glass or plastic. This innovative agricultural facility utilizes advanced heating and cooling technologies to precisely control the temperature and create a stable environment for optimal cultivation of various crops like fruits, flowers, vegetables, and nursery plants. Commercial greenhouses play a crucial role in extending the growing season, enabling year-round production regardless of weather conditions. This not only ensures a steady supply of fresh and high-quality products but also helps meet the increasing demand for locally grown produce.

With their ability to create a controlled microclimate, commercial greenhouses offer numerous benefits to farmers, including reduced water consumption, better pest and disease management, and improved resource efficiency. As a result, the global demand for commercial greenhouses continues to rise, as they offer a sustainable and productive solution to meet the challenges of modern agriculture.

Key Market Drivers

Increased Use of Genetically Modified Crops for Improved Yield

The global demand for commercial greenhouses is projected to grow substantially with the increased utilization of genetically modified (GM) crops aimed at improving agricultural yield. GM crops, engineered for enhanced productivity and resistance to pests, diseases, and adverse climatic conditions, suit well for cultivation in controlled environments like commercial greenhouses. These greenhouses provide an optimum growth environment, ensuring the maximum potential of GM crops is harnessed. The ability to regulate factors such as temperature, humidity, and light in these greenhouses allows for year-round production, thereby accelerating crop yield significantly. Moreover, the closed-system nature of commercial greenhouses reduces the risk of GM crops cross-contaminating traditional crops, addressing a key concern associated with GM farming. This combination of increased yield, year-round production, and reduced environmental impact makes commercial greenhouses an attractive option for GM crop cultivation. As such, the increasing reliance on GM crops for improved agricultural output is expected to drive the global demand for commercial greenhouses.

Advancements in Greenhouse Technology

The constant advancements in greenhouse technology are anticipated to fuel an upsurge in the global demand for commercial greenhouses. Innovative technologies such as precision farming, automated climate control, and efficient irrigation systems have unlocked new possibilities for year-round cultivation, irrespective of external weather conditions. This has allowed farmers to produce a consistent yield with enhanced quality, significantly boosting their profitability. Moreover, these advancements also contribute to sustainable farming practices by optimizing resource usage and reducing the ecological footprint. For instance, sophisticated water management systems in greenhouses minimize water waste, while climate control technology ensures optimal energy utilization. As awareness about these benefits spreads, more and more farm owners are likely to invest in commercial greenhouses. Additionally, the growing demand for organic produce and the rising popularity of urban farming are further propelling the interest in greenhouse farming. Therefore, it is plausible to predict that technological advancements in this sector will continue to drive the global market for commercial greenhouses in an upward trajectory.

Rapid Adoption of Hydroponics & Aquaponics

The increasing global adoption of Hydroponics and Aquaponics is expected to fuel the demand for commercial greenhouses. Hydroponics, a method of growing plants without soil, and Aquaponics, a system combining aquaculture and hydroponics, represent innovative farming techniques that optimize plant growth while minimizing water use. These technologies, by controlling environmental factors like light, temperature, and nutrients, enable year-round crop production, irrespective of external weather conditions. This aspect is particularly beneficial as it allows farmers to circumvent problems associated with traditional farming methods such as soil degradation, pests, and unpredictable weather patterns. As a result, farmers can increase their yield and improve crop quality, ultimately leading to higher profitability. This potential for increased yield and profits is expected to drive the rapid adoption of these methods, subsequently leading to an amplified demand for commercial greenhouses. Furthermore, the sustainability and efficiency of these farming methods align well with global initiatives towards sustainable development, further bolstering their adoption. Hence, the intersection of advancing technology, sustainability, and profitability inherent to Hydroponics and Aquaponics forecasts a positive impact on the global demand for commercial greenhouses.

Increased Investment in Smart & Precision Farming

The global agricultural landscape is witnessing a significant transformation with the increased investments in smart and precision farming. This innovative mode of farming, aided by technology and data-driven insights, is expected to drive the demand for commercial greenhouses globally. Commercial greenhouses, by offering controlled conditions, enable year-round crop production and enhance yield quality. With smart farming, this potential can be significantly harnessed. IoT devices, for instance, can monitor and precisely control the conditions within the greenhouse, ensuring optimal light, temperature, and humidity for the crops. Furthermore, precision farming techniques can accurately measure nutrient requirements and water demand, reducing waste and enhancing productivity. Apart from improving yield and efficiency, these technological advancements also make farming more sustainable by conserving resources and mitigating environmental impact. Thus, as investments in smart and precision farming surge, the demand for commercial greenhouses is anticipated to follow suit. This integration of technology with traditional farming methods represents the future of agriculture, promising a more sustainable and efficient food production system.

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Key Market Challenges

High Capital Expenditure

Crops grown in greenhouses require meticulous attention to environmental conditions in order to thrive. Maintaining optimal air quality, temperature, and relative humidity is crucial for their proper growth. Moreover, providing the best possible light and water is essential for their development. To meet the specific needs of each crop's growth stage, it is important to regularly monitor and gradually adjust the nutrient levels available to the plants. This level of monitoring and precision in managing natural resources and fertilizers is key to successful greenhouse crop cultivation. It requires a deep understanding of the crop, the surrounding environment, and the ideal requirements of the plants. As a result, these crops are often cultivated with expertise by experienced farmers who ensure the right setup and additional illumination of the irrigation systems. However, it should be noted that implementing such practices can be expensive and challenging, particularly for conventional farmers in developing nations who may face limitations in resources and infrastructure.

Supply Chain Disruptions

Various factors, such as transport costs, fuel prices, and unforeseen global events like pandemics, possess the potential to disrupt supply chains, causing ripples throughout the greenhouse produce industry. These disruptions not only impact the timely delivery of these products to the market but also influence their availability, pricing, and quality. Stakeholders in the industry must anticipate and mitigate these challenges through proactive planning and the implementation of robust contingency strategies. By doing so, they can establish a more reliable and resilient supply chain system that effectively caters to the demands of consumers and contributes to the long-term sustainability of the greenhouse produce industry. With careful attention to detail and a forward-thinking approach, stakeholders can navigate the complex landscape of supply chain management and ensure the continued success of this vital sector. Supply chain disruptions have had a significant impact on the Global Commercial Greenhouse Market. It has caused delays in the delivery of critical materials and technologies required for greenhouse construction and operation, such as glass, steel, and heating systems. This has extended the timeline for new projects and increased costs. Disruptions in the supply of seeds, plants, and fertilizers have affected production schedules and yields, leading to losses for producers. Global transport hiccups have made it more challenging to distribute and sell fresh produce internationally, impeding access to certain markets. These disruptions have underscored the importance of resilient and diversified supply chains in the global commercial greenhouse sector.

Key Market Trends

R&D Projects to Advance Greenhouse Agricultural Techniques

The majority of scientific research and development (R&D) is heavily focused on the agricultural sector. In light of the environmental challenges and the impact of climate change, there is a growing motivation to explore and develop innovative solutions that can ensure food security on a global scale. Among the various approaches being pursued, greenhouse farming has gained significant interest from researchers, academics, and farmers alike.

The adoption of greenhouse farming holds promises in addressing a fundamental challenge faced in managing the climate in temperate zones. Efforts are underway to explore different strategies, with the Advanced Horticulture Research Facility highlighting the potential of active cooling methods to create the optimal environment for crop growth. One such approach being investigated is the use of shading methods based on photovoltaic (PV) technology for greenhouse passive cooling. Furthermore, advancements are being made in the field of humidity regulation within protected cropping systems. Experts are continuously improving the methods used to regulate humidity levels, ensuring an optimal growing environment for crops. These advancements also pave the way for new avenues of research and exploration in this area, driving further innovation and knowledge development.

Technological Innovations

Artificial intelligence, smart irrigation systems, pH monitors, and temperature control software are just a few of the technological advancements that are currently driving significant trends in the commercial greenhouse sector. These innovative technologies have revolutionized the way indoor farmers address crucial issues such as disease prevention and pest control. For instance, in 2019, a US-based agriculture firm introduced LUNA, an optical scanning system developed by inch, a US-based company. LUNA continuously captures imagery in greenhouses and analyzes visual data from growth cycles. With its advanced capabilities, the application can swiftly identify stable crops and promptly notify farmers when any problems arise. This cutting-edge technology not only improves efficiency but also ensures that farmers can proactively address issues and maintain optimal crop health.

Moreover, businesses like AppHarvest and Kentucky Fresh Harvest are leading the way in high-tech greenhouses. These innovative companies offer state-of-the-art facilities that not only boost output but also enhance the overall quality of the harvest. By utilizing advanced technologies and carefully controlled environments, these high-tech greenhouses provide ideal conditions for crops to thrive, resulting in higher yields and superior produce. The integration of artificial intelligence, autonomous watering systems, pH sensors, and climate change technologies in the commercial greenhouse sector is transforming the way we grow and cultivate plants. These advancements not only optimize productivity but also contribute to sustainable and environmentally friendly farming practices. As technology continues to advance, we can expect even more exciting developments in the field of commercial greenhouse farming.

Segmental Insights

Type Insights

Based on type, the segment of plastic greenhouses is projected to exhibit a higher growth rate in comparison to glass greenhouses. This is due to the fact that the plastic utilized in commercial greenhouses is not just any regular plastic, but rather manufactured in a specialized manner that enhances its durability and longevity. Through a process of engineering, this plastic is designed to resist tearing and withstand even the most extreme weather conditions, ensuring long-lasting protection for the plants within. Not only does this specially engineered plastic provide exceptional durability, but it also offers optimal insulation and UV resistance. By creating a stable environment for plant growth, it maximizes productivity and ensures the plants receive the ideal conditions for their development. The robust composition of the plastic allows for excellent insulation, retaining heat within the greenhouse during colder months and preventing excessive heat build-up during warmer periods.

In addition to its durability and insulation properties, the engineered plastic used in commercial greenhouses also contributes to energy efficiency. Its ability to trap heat and resist UV radiation reduces the need for excessive heating and cooling systems, resulting in cost savings and a more sustainable approach to greenhouse operations. The utilization of specialized plastic in commercial greenhouses proves to be a superior choice, as it not only provides long-lasting protection but also creates an optimal environment for plant growth, maximizing productivity, and promoting energy efficiency.

Equipment Insights

Based on the Equipment, the market is divided into Heating Systems, Cooling Systems, and Others. Among these, the heating systems segment is projected to grow at the highest compound annual growth rate (CAGR) during the forecast period. Heating systems play a crucial role in the effective production of plants in commercial greenhouses. They are considered as one of the vital requirements for maintaining optimal plant growth. These systems provide constant temperature control and ensure that no harmful materials are discharged, thereby contributing to the healthy growth of plants. Heating systems are a dominant factor in the Global Commercial Greenhouse Market due to their integral role in optimizing plant growth. They provide the necessary warmth for maintaining an ideal climate, especially in colder regions or during winter months, ensuring year-round cultivation. Furthermore, modern heating solutions allow precise temperature control, leading to enhanced plant health and productivity. As sustainability becomes a priority, energy-efficient heating systems are in high demand, driving further growth in the market.

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Regional Insights

The North American region is poised to experience significant growth during the projected period. Traditionally, North American growers relied on conventional techniques to create controlled environments within greenhouses. These techniques encompassed insulated greenhouses, hot water piping systems to regulate temperature, and conventional lighting technologies like high-pressure sodium (HPS) lamps and metal-halide (MH) lamps. However, in the past decade, commercial greenhouse growers in North America have progressively embraced automation technologies, enabling year-round plant growth and cultivation. This shift towards automation has gained momentum, particularly in urban areas, as it facilitates the steady supply of fresh vegetables to local grocery stores, catering to the growing demand for sustainable and locally sourced produce.

Recent Developments

In December 2019, Richel Group and GreenFood successfully completed the construction of a state-of-the-art greenhouse for strawberry cultivation in Armenia. Covering an impressive production area of approximately 9 hectares, this milestone has propelled GreenFood to emerge as the largest producer of greenhouse strawberries in the CIS countries.
During 2019, Argus Controls and Urban-Gro solidified their strategic partnership, reaffirming their commitment to delivering advanced, plant-centric solutions for environmental control in cannabis cultivation within North America.
In August 2020, GrowSpan Greenhouse Structures unveiled its highly anticipated Series 750 commercial greenhouse. This cutting-edge greenhouse boasts a fully automated indoor low-light system, and its competitive pricing has made a significant impact within the industry.

Key Market Players

Lumigrow, Inc.
Agra Tech, Inc.
Argus Control Systems
Heliospectra AB
Nexus Corporation
The Glasshouse Company Pty Ltd
Poly-Tex, Inc.
DeCloet Greenhouse Mfg. Ltd.
Rough Brothers Inc.
Logiqs BV

By Product Type	By Type	By Equipment	By Region
Fruits Vegetables Flowers & Ornamentals Others	Plastic Greenhouse Glass Greenhouse	Cooling Systems Heating Systems Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Commercial Greenhouse Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Commercial Greenhouse Market, By Product Type:

o Fruits

o Vegetables

o Flowers & Ornamentals

o Others

· Commercial Greenhouse Market, By Type:

o Plastic Greenhouse

o Glass Greenhouse

· Commercial Greenhouse Market, By Equipment:

o Cooling Systems

o Heating Systems

o Others

· Commercial Greenhouse Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Commercial Greenhouse Market.

Available Customizations:

Global Commercial Greenhouse market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Commercial Greenhouse Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validations

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Commercial Greenhouse Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Type (Fruits, Vegetables, Flowers & Ornamentals, Others)

5.2.2. By Type (Plastic Greenhouse and Glass Greenhouse)

5.2.3. By Equipment (Cooling Systems, Heating Systems, Others)

5.2.4. By Region

5.2.5. By Company (2022)

5.3. Market Map

6. North America Commercial Greenhouse Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type

6.2.2. By Type

6.2.3. By Equipment

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Commercial Greenhouse Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product Type

6.3.1.2.2. By Type

6.3.1.2.3. By Equipment

6.3.2. Canada Commercial Greenhouse Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product Type

6.3.2.2.2. By Type

6.3.2.2.3. By Equipment

6.3.3. Mexico Commercial Greenhouse Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product Type

6.3.3.2.2. By Type

6.3.3.2.3. By Equipment

7. Europe Commercial Greenhouse Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Type

7.2.3. By Equipment

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Commercial Greenhouse Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Type

7.3.1.2.3. By Equipment

7.3.2. United Kingdom Commercial Greenhouse Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Type

7.3.2.2.3. By Equipment

7.3.3. Italy Commercial Greenhouse Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecasty

7.3.3.2.1. By Product Type

7.3.3.2.2. By Type

7.3.3.2.3. By Equipment

7.3.4. France Commercial Greenhouse Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By Type

7.3.4.2.3. By Equipment

7.3.5. Spain Commercial Greenhouse Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By Type

7.3.5.2.3. By Equipment

8. Asia-Pacific Commercial Greenhouse Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Type

8.2.3. By Equipment

8.2.4. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Commercial Greenhouse Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Type

8.3.1.2.3. By Equipment

8.3.2. India Commercial Greenhouse Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Type

8.3.2.2.3. By Equipment

8.3.3. Japan Commercial Greenhouse Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Type

8.3.3.2.3. By Equipment

8.3.4. South Korea Commercial Greenhouse Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Type

8.3.4.2.3. By Equipment

8.3.5. Australia Commercial Greenhouse Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Type

8.3.5.2.3. By Equipment

9. South America Commercial Greenhouse Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Type

9.2.3. By Equipment

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Commercial Greenhouse Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Type

9.3.1.2.3. By Equipment

9.3.2. Argentina Commercial Greenhouse Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Type

9.3.2.2.3. By Equipment

9.3.3. Colombia Commercial Greenhouse Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Type

9.3.3.2.3. By Equipment

10. Middle East and Africa Commercial Greenhouse Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Type

10.2.3. By Equipment

10.2.4. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Commercial Greenhouse Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By Type

10.3.1.2.3. By Equipment

10.3.2. Saudi Arabia Commercial Greenhouse Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By Type

10.3.2.2.3. By Equipment

10.3.3. UAE Commercial Greenhouse Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By Type

10.3.3.2.3. By Equipment

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Recent Development

12.2. Mergers & Acquisitions

12.3. Product Launches

13. Global Commercial Greenhouse Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Lumigrow, Inc.

15.1.1. Business Overview

15.1.2. Product & Service Offerings

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Agra Tech, Inc.

15.3. Argus Control Systems

15.4. Heliospectra AB

15.5. Nexus Corporation

15.6. The Glasshouse Company Pty Ltd

15.7. Poly-Tex, Inc.

15.8. DeCloet Greenhouse Mfg. Ltd.

15.9. Rough Brothers Inc.

15.10. Logiqs BV

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Commercial Greenhouse Market in 2022?

The market size of the Global Commercial Greenhouse Market was estimated to be USD 38.67 Billion in 2022.

Which was the dominant segment by Type in the Global Commercial Greenhouse Market in 2022?

Plastic greenhouses are expected to grow at a higher rate than glass greenhouses. Specially engineered plastic, with enhanced durability, is used in commercial greenhouses to withstand extreme weather conditions. This robust material provides long-lasting protection and optimal insulation for plant growth, maximizing productivity.

Which is the dominant region in the Global Commercial Greenhouse Market?

The North American region is experiencing significant growth in commercial greenhouse technologies, replacing traditional techniques with automation. This shift allows for year-round plant growth and is particularly popular in urban areas, ensuring a steady supply of fresh vegetables to grocery stores.

What are the major drivers for the Global Commercial Greenhouse Market?

Increased use of genetically modified crops for improved yield and advancements in greenhouse technology are the major drivers for the Global Commercial Greenhouse Market.

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Press Release

Commercial Greenhouse Market to Grow with a CAGR of 9.51% through 2028

Dec, 2023

Increased investment in smart & precision farming and advancements in greenhouse technology is expected to drive the Global Commercial Greenhouse Market growth in the forecast period, 2024-2028.

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