(MENAFN- GetNews) Commercial Greenhouse Market size: USD 33.12 billion in 2020, Industry Growth: 11.6% CAGR, Market Trends: Tremendous demand for ornamental flowers and plants is augmenting the market growth.
The global commercial greenhouse market is exacted to expand at a significant CAGR of 11.6% and rise from USD 33.12 billion in 2020 and reach 79.66 billion by 2028.
A variety of plants, vegetables, flowers and ornamentals, fruits, and nursery crops are grown in the commercial greenhouse for commercial consumption. The commercial greenhouses have heating and cooling systems, lighting, and aeration to provide controlled conditions to enhance the growth of the plants and nursery crops. The greenhouses are covered with glass or plastic shed that enables sunlight to come in and does not allow outside weather conditions to affect the greenhouse plants.
The conditions such as temperature, fertilizers, and humidity are required for the proper growth of the plants. The advantage of commercial greenhouses is that a higher yield is obtained in comparison with conventional methods. Plants grown in such controlled conditions are free from pests and animals, and vegetables, flowers, fruits are available throughout the year. There is minimum consumption of water.
To get a FREE sample PDF copy of the report @ Many government bodies and private sectors are supporting the greenhouses with financial aid which is boosting the market growth of the commercial greenhouses. Moreover, the increasing disposable income among the crowd in the developing nations and the demand for food due to the augmenting population is the significant factor propelling the growth of the commercial greenhouse market.
Rapid urbanization and the desire for fresh vegetables and fruits are flourishing the market growth for commercial greenhouses. Major players are collaborating and merging with leading companies to improve their position in the industry. Few leading players are investing in research and development activities which is surging the commercial greenhouse market.
High initial setup and lack of awareness and knowledge about commercial farming are hampering the growth of the commercial greenhouses.
The current COVID pandemic has disrupted the overall supply chain leading to a decline in production. The strict lockdown rules and social distancing policies to reduce the spread of the virus have also resulted in a limited workforce.
Key players in the commercial greenhouse sector include Nexus Corporation, Nobutec B.V, Hort, Zuid Holland, Argus Control System, The Glasshouse Company Pty Ltd., Americas, Richel Group and SA, and Certhon.
For this study, Reports and Data has segmented the global commercial greenhouse market based on Type, Product, Equipment, and Region:
By Product Type (Revenue, USD Billion, 2018 – 2028)
- Market revenue shares by major business players, by type, application, and market scope of global Commercial Greenhouse market
- Sales revenue by key players and new entrants
- Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight into recent trends and opportunities.
Table Of content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Seaweed Snacks Market Variables, Trends & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Commercial Greenhouse Market: Product Estimates & Trend Analysis
Chapter 10. Company Profiles
10.1. Argus Control System
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Zuid Holland
10.3. Nexus Corporation
10.4. The Glasshouse Company Pty Ltd.
10.5. Nobutec B.V. 10.6. Hort Amercias
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