Market Overview
The Global
Commercial Greenhouse Market is expected to reach a market
value of USD 40.6 billion in 2024 which is further expected to reach a market
value of USD 93.9 billion in 2033 at a CAGR of 9.8%.
A commercial greenhouse is a managed environment facility designed for the cultivation of plant life on a huge scale for industrial purposes. These structures are usually made from glass or plastic and are ready with weather manipulation structures, irrigation, and lighting to create foremost developing situations. Commercial greenhouses allow farmers to increase the growing season, produce high-priced vegetation in 12 months-spherical, and attain steady yields and quality. They are used for cultivating various plants together with greens, fruits, plants, and herbs, catering to the needs of industrial farmers, wholesalers, outlets, and institutional shoppers inside the agriculture and horticulture industries.
Key Takeaways
- Hardware is expected to exert its dominance in the global commercial greenhouse market with 59.1% of market share in 2024.
- Glass is projected to dominate this market in the type segment with the highest market share by the end of 2024.
- Based on components the high-tech commercial greenhouses are expected to dominate the global commercial greenhouse market with the highest market share in 2024.
- The Global Commercial Greenhouse Market size is estimated to have a value of USD 40.6 billion in 2024 and is expected to reach USD 93.9 billion by the end of 2033.
- North America is expected to have the largest market share in the Global Commercial Greenhouse Market with a share of about 33.8% in 2024.
- The market is growing at a CAGR of 9.8 percent over the forecasted period.
Use Cases
- Year-spherical Vegetable Production: Greenhouses permit farmers to domesticate greens no matter seasonal obstacles, ensuring a steady supply and meeting consumers' demand.
- Controlled Environment for Premium Crop Quality: Greenhouses offer optimal conditions for developing commercial crops including tomatoes, making sure high yield.
- Organic Farming: Greenhouses facilitate organic farming practices by minimizing pesticide use, reducing environmental effects, and assembling natural certification requirements.
- Research and Development: Greenhouses serve as managed environments for studies on crop types, developing strategies, and weather resilience, using agricultural innovation.
- Urban Agriculture: Greenhouses enable vertical farming in urban areas, utilizing efficiently and imparting domestically grown produce to urban populations, promoting food safety.
Market Dynamic
The global industrial greenhouse market is experiencing sturdy growth driven by means of technological improvements, rising need for clean produce, and increasing emphasis on sustainable agriculture. Key factors including advanced weather control systems, LED lighting, and automation technology decorate productivity and resource efficiency in greenhouse operations. Government assistance, regulatory tasks, and shifting patron choices in the direction of locally sourced, year-spherical produce further drive the marketplace expansion. Economic elements, urbanization, and weather trade also affect market dynamics, driving investments in greenhouse infrastructure.
Additionally, the emergence of vertical farming practices and globalization contribute to market increase and innovation. Overall, the industrial greenhouse marketplace continues to conform, presenting possibilities for growers to meet the developing demand for terrific sustainable food production worldwide.
Research Scope and Analysis
By Equipment
Hardware is expected to exert its dominance in the global commercial greenhouse market with 59.1% of market share in 2024. Hardware dominates the commercial greenhouse device segment by large because it constitutes the bodily additives important for greenhouse operations. This includes systems, climate manipulation systems, irrigation systems, lighting fixtures, sensors, and other mechanical and digital gadgets required for cultivation. The hardware plays an essential role in growing and maintaining the managed surroundings essential for the average plant growth within greenhouses.
Without hardware inclusive of greenhouse structures and weather manipulation systems, growers would now not be able to offer the required conditions for 12 months of spherical cultivation or ensure crop first-class and yield. While software and services complement hardware via offering automation, facts evaluation, and optimization tools, hardware stays the muse upon which greenhouse operations are constructed, therefore its dominance in this phase.
By Crop Type
Vegetables are anticipated to dominate the global commercial greenhouse
market in 2024 due to various factors. Vegetables dominate the economic greenhouse market section due to several elements. Firstly, there is a developing demand for clean, regionally grown veggies 12 months-spherical, irrespective of seasonal variations. Greenhouses offer appropriate surroundings for year-round cultivation, ensuring consistent delivery and exceptional veggies irrespective of external conditions.
Additionally, vegetables have incredibly short growing cycles compared to culmination or ornamentals, bearing in mind higher turnover and multiplied profitability in greenhouse operations. Furthermore, the controlled environment supplied through greenhouses enables growers to optimize developing situations, main to better yields, higher best produce, and decreased susceptibility to pests and illnesses. These elements collectively contribute to veggies dominating the economic greenhouse market section.
By Type
Glass is projected to dominate this market in the type segment with the highest market share by the end of 2024. Glass dominates the industrial greenhouse marketplace segment due to its superior quality and benefits for crop cultivation. Glass gives awesome light transmission, permitting the highest quality tiers of daylight to reach plant life for photosynthesis, ensuing a healthier and faster-developing plants.
Additionally, glass affords better insulation, keeping warm inside the greenhouse at some point in colder months and lowering power costs for heating. It additionally offers sturdiness and longevity, requiring minimum maintenance over its lifespan compared to plastic materials. Moreover, glass offers an extra aesthetic attraction and complements the overall look of the greenhouse, which may be vital for retail and tourist-orientated operations. These benefits make glass the desired preference for industrial greenhouse construction, using its dominance in the market section.
By Component
Based on components the high-tech commercial greenhouses are expected to dominate the global commercial greenhouse market with the highest market share in 2024.
High-tech business greenhouses dominate the market section because of their superior features and capabilities. These greenhouses employ technologies along with weather-manipulated structures, automatic irrigation, LED lighting fixtures, and far-flung tracking, permitting growers to exactly control environmental conditions and optimize crop growth.
The integration of sensors, information analytics, and synthetic intelligence similarly complements efficiency and productiveness. High-tech greenhouses offer greater control over variables like temperature, humidity, and light, resulting in better yields, advanced crop niches, and resource financial savings. As an end result, growers increasingly prefer excessive-tech solutions for their reliability, precision, and potential to maximize profitability in modern-day business agriculture.
The Commercial Greenhouse Market Report is segmented on the basis of the following:
By Equipment
- Hardware
- Software & Services
By Crop Type
- Vegetables
- Fruits
- Flowers and Ornamentals
- Nursey Crops
- Other
By Type
By Component
- High-Tech Commercial Greenhouse
- Medium-Tech Commercial Greenhouse
- Low-Tech Greenhouse
Regional Analysis
North America is projected to dominate the global
commercial greenhouse market
with 33.8% by the end of 2024. North America stands as a dominant presence within the global commercial greenhouse marketplace because of its superior infrastructure, technological know-how, and favorable regulatory surroundings. Key gamers in this market include Priva Holding B.V., Richel Group, and Argus Controls Systems Ltd. who have a strong presence in this region, presenting cutting-edge answers for greenhouse agriculture.
Additionally, the adoption of greenhouse farming practices is tremendous throughout North America, driven by factors just like the need for spherical produce delivery, changing client needs, and increasing recognition of sustainable agriculture. Government aid and initiatives similarly bolster the increase of the commercial greenhouse in North America, making it a thriving hub for innovation and funding in greenhouse technology and practices.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The Global Commercial Greenhouse Market boasts a competitive landscape formed by enterprise leaders like Priva Holding B.V., Richel Group, and Argus Controls Systems Ltd. Priva gives advanced climate control solutions, even as Richel makes a specialty of greenhouse layout and creation. Argus Controls Systems is a specialist in integrated greenhouse and manipulate structures. Other tremendous gamers include Heliospectra AB, acknowledged for its LED lighting fixtures solutions, and Nexus Corporation, providing greenhouse structures and hydroponic systems. Hoogendoorn Growth Management presents greenhouse automation and climate manipulation systems.
Rough Brothers Inc. (RBI) is a main greenhouse manufacturer, and Certhon gives turnkey greenhouse solutions. This aggressive marketplace flourishes on innovation, with agencies continuously growing superior technologies to meet the developing call for sustainable and efficient greenhouse agriculture.
Some of the prominent players in the Global Commercial Greenhouse Market are:
- Berry Global
- Signify Holding
- Heliospectra AB
- Plastika Kritis
- Everlight Electronics
- Richel Group
- Argus Control Systems
- Certhon
- Logiqs BV
- LumiGrow
- Agra-tech, Inc
- Rough Brothers, Inc
- Hort Americas
- Top Greenhouses
- Other Key Players
Recent Development
- In February 2024, Hippo Harvest secured $21M Series B funding led by Standard Investments to expand its sustainable greenhouse platform, promising fresher produce with lower resource usage.
- In January 2024, Centuria Agriculture Fund (CAF) purchases a $21.5 million greenhouse and glasshouse facility in Adelaide Plains, SA, expanding its portfolio to $351 million. Operated by P'Petual Holdings.
- In October 2023, Eden Green Technology expanded with a $40M greenhouse, aiming to triple lettuce production and improve distribution efficiency.
- In February 2023, Source. ag, a Netherlands-based agtech startup, secures $23M in Series A funding to advance AI-driven solutions for sustainable, efficient greenhouse agriculture. Expansion planned.
- In May 2022, Infrascreen raised $1.5m for its nanotech greenhouse material which aims for carbon neutrality, it optimizes natural radiation, reducing energy usage by 20%.
Report Details
| Report Characteristics |
| Market Size (2024) |
USD 40.6 Bn |
| Forecast Value (2033) |
USD 93.9 Bn |
| CAGR (2023-2032) |
9.8% |
| Historical Data |
2018 – 2023 |
| Forecast Data |
2024 – 2033 |
| Base Year |
2023 |
| Estimate Year |
2024 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Equipment (Hardware, and Software & Services), By Crop Type (Vegetables, Fruits, Flowers and Ornamentals, Nursey Crops, and Others), By Type (Glass, and Plastic), By Component (High-Tech Commercial Greenhouse, Medium-Tech Commercial Greenhouse, and Low-Tech Greenhouse) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Berry Global, Signify Holding, Heliospectra AB, Plastika Kritis, Everlight Electronics, Richel Group, Argus Control Systems, Certhon, Logiqs BV, LumiGrow, Agra-tech Inc, Rough Brothers Inc, Hort Americas, Top Greenhouses, and Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Commercial Greenhouse Market size is estimated to have a value of USD 40.6 billion in 2024 and is expected to reach USD 93.9 billion by the end of 2033.
North America is expected to have the largest market share in the Global Commercial Greenhouse Market with a share of about 33.8% in 2024.
Some of the major key players in the Global Commercial Greenhouse Market are Heliospectra A, Plastika Kritis, Everlight Electronics, and many others.
The market is growing at a CAGR of 9.8 percent over the forecasted period.