Global Commercial Greenhouse Market Overview
Commercial Greenhouse Market Size was estimated at 40.73 (USD Billion) in 2023.The Commercial Greenhouse Market Industry is expected to grow from 44.87(USD Billion) in 2024 to 88.22 (USD Billion) by 2032. The Commercial Greenhouse Market CAGR (growth rate) is expected to be around 8.82% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Commercial Greenhouse Market Trends Highlighted
The Commercial Greenhouse Market is anticipated to witness robust growth due to increasing demand for fresh and locally grown produce. Governments and organizations are promoting sustainable and environmentally friendly practices, further driving market expansion. The adoption of advanced technologies such as automated climate control systems and hydroponics is also enhancing efficiency and productivity, leading to increased demand for commercial greenhouses.Key market drivers include the rising global population, urbanization, and changing dietary habits. Consumers are becoming more health-conscious and prefer consuming locally grown, organic produce, which is driving the demand for commercial greenhouses. Additionally, government policies and initiatives aimed at promoting sustainable agriculture and reducing food waste are fueling market growth.In recent times, the market has witnessed trends toward vertical farming and indoor agriculture. Vertical farming involves growing crops in controlled environments, maximizing space and resources. Indoor agriculture allows for year-round production of high-quality crops, regardless of external weather conditions. These trends present significant opportunities for the commercial greenhouse market as they cater to the growing demand for locally sourced, sustainable, and high yield produce.
Commercial Greenhouse Market Drivers
Increasing Demand for Locally Grown Produce
Most of the Local Produce Being Grown The global commercial greenhouse market is primarily underpinned by the rising popularity of locally grown produce. Consumers are increasingly apprised of the benefits of naturally locally grown produce. Not only is it environmentally friendly, but it is also healthier to eat. As such, consumers are willing to pay higher prices to access locally grown produce from commercial greenhouses. The demand for commercial greenhouses is rising as they are not only reliable but also grow all year and in controlled conditions.Farm produce from commercial greenhouses is also finding ready markets at the increasingly popular farmers’ markets and through community-supported agriculture group programs. For the same reasons, the market is expected to grow in the future.
Government Support for Greenhouse Production
One of the trends influencing the global commercial greenhouse market industry is government support, according to Rijett. Governments throughout the world and even everywhere are significant sources of financial and technical assistance. Governments are now subsidizing protected farm systems through grants and bank loans to reduce the cost of building or expanding greenhouses and making them more viable for a large number of farmers. Please also note that the number of existing greenhouses is constantly increasing in order to meet the demands of clients and that development revives greenhouse irrigation technology and psychology.
Technological Advancements in Greenhouse Production
Technological improvements in the greenhouse are also propelling the growth of the Global Commercial Greenhouse Market Industry. New technologies are being developed that are more efficient and productive in the greenhouse and are able to reduce the cost of production. New lighting systems are being developed that use less energy and provide more light for the plants. New irrigation systems are also being developed that use less water and nutrients.These developments benefit the greenhouses for their farmers, and more farmers are adopting greenhouse technology
Commercial Greenhouse Market Segment Insights
Commercial Greenhouse Market Greenhouse Type Insights
The size of the Global Commercial Greenhouse Market is expected to be USD 42.75 billion in 2023. The growth of the market is attributed to the increasing demand for fresh and locally grown produce, rising adoption of sustainable farming practices, and government initiatives to promote greenhouse cultivation. Greenhouse Type The market for commercial greenhouses is segmented based on greenhouse type into tunnel greenhouses, gutter-connected greenhouses, hybrid greenhouses, lean-to greenhouses, and roof greenhouses. Tunnel greenhouses are the most common type of greenhouse, making up more than 50% of the global market share.They are inexpensive to build and maintain, and they provide a good environment for growing crops. Gutter connected greenhouses are similar to tunnel greenhouses, but they are connected together by a gutter system. This allows for more efficient use of space and resources. Hybrid greenhouses combine features of both tunnel and gutter connected greenhouses. They are more expensive than tunnel greenhouses to build, but they offer more flexibility and efficiency. Lean-to greenhouses are attached to a building or other structure, and they are often used for growing crops that need more protection from the elements.Roof greenhouses are located on the roof of a building, and they are often used for growing crops that need a lot of sunlight. The choice of greenhouse type depends on the climate, the crops that will be grown, and the amount of space available. Tunnel greenhouses are a good option for growers located in temperate climates who are growing crops that do not need much protection from the elements. Gutter connected greenhouses are a good option for growers who need to make the most of their space and resources. Hybrid greenhouses are a good option for growers who need a greenhouse that is both efficient and flexible.Lean-to greenhouses are a good option for growers who need a greenhouse that is protected and attached. Roof greenhouses are a good option for growers who need a greenhouse that will be on the roof of the building and will get plenty of sunlight.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Greenhouse Market Covering Material Insights
The Global Commercial Greenhouse Market is divided into glass, plastic film, and polycarbonate types of covering material. Each of them has its advantages and properties closely related to the listed requirements for greenhouses. The glass greenhouses are characterized by excellent light transmission with optimal plant growth and yield. They are also durable and can withstand harsh weather conditions. However, this material is the most expensive to install and maintain. In 2023, the glass segment generated the highest share of the Global Commercial Greenhouse Market revenue, which was about USD 12.5 billion.In turn, plastic film greenhouses are cost-effective, lightweight, and easy to install. They also have some favorable light transmission and insulation properties. Nevertheless, it is less durable and has a shorter lifespan than glass. So, this type was projected to grow slightly in the future due to an increasing demand for low-cost greenhouse solutions. Finally, polycarbonate greenhouses are the medium-price option combining glass and plastic film advantages; they are lightweight and durable; however, the light transmitted is the best compared to other materials.This type is more expensive than plastic but less expensive than glass simultaneously, and the polycarbonate segment was the most expected to increase in the future due to its superior characteristics and expanding application in commercial greenhouses.
Commercial Greenhouse Market Application Insights
The Application segment plays a crucial role in shaping the Global Commercial Greenhouse Market. Growing Vegetables holds a significant market share, driven by the increasing demand for fresh and locally sourced produce. In 2023, the Global Commercial Greenhouse Market for Growing Vegetables was valued at 12.8 billion USD and is projected to reach 19.5 billion USD by 2032, exhibiting a CAGR of 4.8%. Growing Fruits is another key application, with a market size of 9.6 billion USD in 2023 and an anticipated growth of 15.7 billion USD by 2032 at a CAGR of 5.2%.Growing Flowers contributes substantially, with a market value of 7.5 billion USD in 2023 and a projected growth of 11.9 billion USD by 2032 at a CAGR of 5.5%. Nursery Production and Research and Development are also notable applications, holding smaller market shares but offering growth potential.
Commercial Greenhouse Market Technology Insights
Technology Segment Overview and Insights The Global Commercial Greenhouse Market is segmented by technology into hydroponics, aeroponics, and aquaponics. Hydroponics, the largest segment, accounted for over 60% of the market revenue in 2023. Hydroponics involves growing plants in a nutrient-rich water solution without soil. It offers advantages such as increased crop yield, water efficiency, and reduced labor costs. Aeroponics, the second-largest segment, has been gaining popularity due to its ability to provide optimal growing conditions for plants.In aeroponics, plant roots are suspended in the air and misted with a nutrient-rich solution. This method promotes rapid plant growth and can lead to higher yields compared to traditional soil-based cultivation. Aquaponics, a sustainable technology, combines aquaculture and hydroponics, allowing for the simultaneous cultivation of fish and plants. The nutrient-rich water from the fish tank provides nourishment for the plants, while the plants help filter and clean the water for the fish. As demand for sustainable food production methods grows, aquaponics is expected to experience significant growth in the coming years.
Commercial Greenhouse Market Control System Insights
The Control System segment plays a crucial role in the Global Commercial Greenhouse Market, enabling growers to optimize crop production and maximize yields. In 2023, the Control System segment was valued at $1.2 billion and is projected to reach $1.8 billion by 2032, exhibiting a CAGR of 4.9%. The market segmentation includes Manual Control, Semi-Automated Control, and Fully Automated Control, each with its own advantages and target audience. Manual Control: This system requires human intervention to monitor and adjust greenhouse conditions.It is cost-effective and suitable for small-scale operations, accounting for $0.6 billion in revenue in 2023. Semi-Automated Control: This system combines manual control with automated sensors and actuators. It offers better precision and efficiency than manual control, making it ideal for mid-sized greenhouses. Its market value in 2023 was $0.4 billion. Fully Automated Control: This system leverages advanced technology for real-time monitoring and automated adjustments based on predefined parameters. It provides the highest level of precision and efficiency, making it suitable for large-scale commercial greenhouses.In 2023, it captured $0.2 billion in revenue.
Commercial Greenhouse Market Regional Insights
The Global Commercial Greenhouse Market is expected to witness significant growth in the coming years. The market is segmented into various regions, including North America, Europe, APAC, South America, and MEA. Each region offers unique growth opportunities and challenges for market players. North America is a mature market for commercial greenhouses, with a well-established industry and advanced technologies. The region is home to some of the largest greenhouse operations in the world and is expected to continue to be a major market for commercial greenhouses in the coming years.Europe is another major market for commercial greenhouses, with a strong focus on sustainable and efficient greenhouse technologies. The region is home to some of the most innovative greenhouse companies in the world and is expected to continue to be a key market for commercial greenhouses. APAC is a rapidly growing market for commercial greenhouses, with a strong demand for food production and a growing middle class. The region is home to some of the largest greenhouse projects in the world and is expected to continue to be a major growth market for commercial greenhouses.South America is a relatively small market for commercial greenhouses, but it is expected to grow in the coming years. The region has a strong demand for food production and is expected to see increased investment in commercial greenhouses. MEA is a small but growing market for commercial greenhouses. The region has a strong demand for food production and a growing middle class. The region is expected to see increased investment in commercial greenhouses in the coming years. Overall, the Global Commercial Greenhouse Market is expected to grow significantly in the coming years.The market is driven by a number of factors, including the growing global population, the increasing demand for food, and the rising awareness of the benefits of greenhouse cultivation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Greenhouse Market Key Players And Competitive Insights:
The purpose of the paper is to investigate the major players in the commercial greenhouse market and describe the strategy of one of the competitors. According to Trending Whispers, the use of innovative technologies plays an increasing role in the market. In fact, the major players focus on research and development in order to manufacture products that improve productivity and be one step ahead of the competition. The market is characterized by the introduction of automated systems, controlled environment agriculture techniques, and data-driven solutions. Moreover, the Commercial Greenhouse Market is marked by frequent partnerships and collaborations between companies, meaning it is common for competitors to cooperate in order to expand their presence on the market or improve their services.First of all, to better understand the market, this paper reviews the information about the major market players. The major player focuses on providing integrated and turnkey solutions for the combination of greenhouses and other structures. The company offers comprehensive greenhouse solutions topped with climate control, irrigation products, and automation systems. The company’s products are distributed globally, and customer satisfaction is considered the main priority. In fact, the competitor hires a group of specialists who provide help to the customer at every stage of the cooperation, from planning to after-sales service. The company has a good reputation in the market because of its customer-oriented approach and wide range of services.The second major competitor is well-known for its emphasis on the development of innovative technologies and sustainability. The competitor focuses on cultivation using greenhouse projects and has a wide range of products. It is well-known for its support for research and its use of sustainable and environmentally friendly products and production methods. The company specializes in the production of advanced technology products, which can include automation, environmentally-friendly use of energy sources and waste recycling and loading with smart programs and data analytics. The company is popular among customers and has a wide range of products that are not only targeted at business customers but also at research institutions.
Key Companies in the Commercial Greenhouse Market Include
- Argus Control Systems
- Gakon
- Airmid
- Signify
- Priva
- Heliospectra
- Tolsma Greenhouse B.V
- Agra Tech Inc
- Ludvig Svensson
- Ridder
- Conley's Greenhouse Engineering
- Certhon
- Munters
Commercial Greenhouse Market Industry Developments
The global commercial greenhouse market is projected to reach $66.2 billion by 2032, exhibiting a CAGR of 4.98% from 2024 to 2032. This growth can be attributed to factors such as increasing demand for fresh produce, rising awareness about the benefits of controlled environment agriculture, and government initiatives to promote sustainable farming practices.Recent news developments in the market include the launch of new technologies, such as vertical farming and LED lighting systems, which are designed to improve crop yield and energy efficiency. Additionally, there has been a growing emphasis on sustainable practices, with companies investing in renewable energy sources and water conservation measures.Key players in the market include Argus Control Systems Ltd., Certhon, Cravo Equipment, and Heliospectra AB. These companies are focusing on developing innovative solutions to meet the evolving needs of commercial greenhouse growers. Mergers and acquisitions are also expected to shape the market landscape as companies seek to expand their product offerings and geographic reach.
Commercial Greenhouse Market Segmentation Insights
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Commercial Greenhouse Market Greenhouse Type Outlook
- Tunnel Greenhouses
- Gutter Connected Greenhouses
- Hybrid Greenhouses
- Lean-to Greenhouses
- Roof Greenhouses
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Commercial Greenhouse Market Covering Material Outlook
- Glass
- Plastic Film
- Polycarbonate
-
Commercial Greenhouse Market Application Outlook
- Growing Vegetables
- Growing Fruits
- Growing Flowers
- Nursery Production
- Research and Development
-
Commercial Greenhouse Market Technology Outlook
- Hydroponics
- Aeroponics
- Aquaponics
-
Commercial Greenhouse Market Control System Outlook
- Manual Control
- Semi-Automated Control
- Fully Automated Control
-
Commercial Greenhouse Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2023 |
40.73(USD Billion) |
| Market Size 2024 |
44.87(USD Billion) |
| Market Size 2032 |
88.22(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.82% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Argus Control Systems, Gakon, Airmid, Signify, Priva, Heliospectra, Tolsma Greenhouse B.V, Agra Tech Inc, Ludvig Svensson, Ridder, Conley's Greenhouse Engineering, Certhon, Munters |
| Segments Covered |
 Greenhouse Type, Covering Material, Application, Technology, Control System, Regional |
| Key Market Opportunities |
Sustainable food production Controlled environment agriculture Indoor vertical farming Cannabis cultivation Urban farming |
| Key Market Dynamics |
1 Rising global population2 Increasing demand for fresh produce3 Government incentives and support4 Technological advancements5 Growing preference for controlled environment agriculture |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global commercial greenhouse market is expected to reach a valuation of 88.22 billion USD by 2032, expanding at a CAGR of 8.82% from 2024 to 2032.
Asia-Pacific is anticipated to hold the largest market share due to the increasing demand for food production and the presence of favorable government policies supporting greenhouse cultivation.
Commercial greenhouses are primarily used for growing a wide range of crops, including vegetables, fruits, flowers, and herbs. They provide controlled environments that optimize plant growth and yield.
Key players in the global commercial greenhouse market include Nexus Corporation, Richel Group, Certhon, and KUBO. These companies offer a range of greenhouse solutions, including design, construction, and maintenance services.
The increasing demand for sustainable food production, advancements in greenhouse technology, and government support for protected cultivation are shaping the growth of the commercial greenhouse market.
Challenges include high initial investment costs, fluctuations in energy prices, and the need for skilled labor to manage greenhouse operations.
The market is expected to continue growing steadily due to the rising global population, increasing demand for food, and the adoption of sustainable farming practices.
Opportunities include the integration of IoT and automation in greenhouse management, the development of energy-efficient greenhouses, and the expansion into emerging markets.
Factors driving growth include the increasing demand for fresh and locally produced food, the need to optimize crop yields, and government support for sustainable agriculture.
Challenges include high upfront investment costs, the need for specialized knowledge and labor, and competition from traditional farming practices.
