Visiongain has published a new report titled: Commercial Greenhouse Market Report 2024-2034: By scale (small and medium-sized greenhouses, large greenhouses), by parts (hardware, glazing materials (polyethylene film, polycarbonate board, acrylic board, glass materials, etc.)), by system (lighting system, irrigation system, climate) Predictive Control Systems, System Control, Communication Systems, Others), by product type (Vegetables, Fruits, Floriculture & Ornamentals, Seedling Crops), and regional and key national market analysis, as well as analysis of key players, and COVID-19 Analysis of the impact of infectious diseases and recovery patterns.
The global commercial greenhouse market was valued at USD 38.02 billion in 2023 and is projected to grow at a CAGR of 8.3% during the forecast period 2024-2034.
Growing focus on sustainable food production
Increasing concerns about environmental sustainability, resource depletion, and food waste are driving the adoption of sustainable agricultural practices, including commercial greenhouse cultivation. Greenhouses allow efficient use of water, fertilizers and pesticides, reducing environmental impact and conserving natural resources. Additionally, the controlled environment within the greenhouse facilitates integrated pest management and organic farming techniques, promoting environmentally friendly agriculture and reducing the carbon footprint of food production.
Increasing urbanization and land shortage
Rapid urbanization and population growth are shrinking available arable land, especially in densely populated urban areas. Commercial greenhouses provide a viable solution to land scarcity challenges by enabling vertical farming and rooftop farming in urban environments. These compact, space-efficient structures maximize land use efficiency while ensuring high crop yields. Urban greenhouses contribute to local food production by decentralizing food supply chains, reducing food miles and increasing urban resilience.
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What negative impact has COVID-19 had on the commercial greenhouse market?
The COVID-19 pandemic has significantly impacted the commercial greenhouse market, creating both challenges and opportunities for industry players. Initially, widespread lockdowns and global supply chain disruptions created operational challenges for greenhouse growers, including labor shortages, reduced access to inputs such as seeds and fertilizers, and logistical constraints in distribution and transportation. has occurred. As a result, many greenhouse operators faced production delays, crop losses, and financial instability during the early stages of the pandemic.
But amidst these challenges, the pandemic has also highlighted the importance of local food production and food security, prompting increased demand for greenhouse-grown produce. Consumers have become more aware of the origin and safety of their food, and are increasingly preferring fresh, locally grown vegetables and fruits. This trend has created an opportunity for commercial greenhouse operators to take advantage of rising demand and adapt their operations to changing consumer preferences.
Additionally, the pandemic accelerated technology adoption and automation in greenhouse agriculture as growers sought to minimize reliance on manual labor and improve operational efficiency. Investments in advanced climate control systems, remote monitoring tools, and robotic automation can help greenhouse managers increase productivity, reduce labor costs, and ensure business continuity despite ongoing disruptions. It's done.
What are the benefits of this report?
Visiongain's 421-page report includes 136 tables and 187 charts/graphs. Our new research is suitable for those who require a commercial and in-depth analysis of the global Commercial Greenhouses market, along with a detailed segment analysis of the market. Our new research helps assess the overall global and regional market for commercial greenhouses. Get financial analysis of the entire market and various segments such as size, components, product type, glass material type, system, etc. to gain higher market share. We believe there is great opportunity in this rapidly growing commercial greenhouse market. Learn how to take advantage of existing and upcoming opportunities in this market to reap revenue benefits in the near future. Additionally, this report helps improve strategic decision-making, frame growth strategies, enhance analysis of other market players, and maximize productivity of the company.
What are the current market drivers?
Transitioning to controlled environmental agriculture (CEA):
The shift to controlled environmental agriculture (CEA), such as greenhouse farming, hydroponics, and vertical farming, is reshaping the global agricultural landscape. Commercial greenhouses play a central role in CEA systems by providing a controlled growing environment that optimizes plant growth and development. Using CEA techniques, growers can produce high-value crops year-round, regardless of external weather conditions. This allows for diversification of crop production, reduces dependence on seasonal factors, and ensures stable supply to meet market demands.
Expanding export opportunities and international trade:
Globalization of food supply chains and increasing demand for high-quality agricultural products from emerging markets are increasing export opportunities for greenhouse-grown crops. Commercial greenhouses allow growers to produce high-quality fruits, vegetables, and flowers that meet international standards and preferences. Export-oriented greenhouse operations take advantage of favorable climatic conditions, technological advances, and efficient logistics to access lucrative overseas markets. International trade agreements, tariff reductions, and market liberalization are further facilitating cross-border trade in greenhouse products, stimulating market growth and economic development.
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https://www.visiongain.com/report/commercial-greenhouse-market-2024/
Where are the market opportunities?
Increased investment in agritech startups and innovation is creating new opportunities in the market.
Rising interest and investment in agricultural technology (agritech) startups is driving innovation and entrepreneurship in the commercial greenhouse market. Agritech companies develop cutting-edge solutions such as vertical farming systems, hydroponic and aquaponic technologies, and smart greenhouse automation platforms. These innovations aim to optimize resource use, increase crop productivity and reduce environmental impact. Venture capital funding, research grants, and incubator programs help agritech startups scale their operations and bring innovative greenhouse technologies to market.
Government support and incentives to promote greenhouse farming and support sustainable agriculture
Governments around the world are implementing policies and initiatives to promote greenhouse farming and support sustainable agriculture. These include financial incentives, subsidies, tax breaks, and subsidies for greenhouse infrastructure development, energy efficiency upgrades, and adoption of environmentally friendly practices. Government support will encourage investment in commercial greenhouses, accelerate technology adoption and foster innovation in the sector. Additionally, regulatory frameworks and standards ensure compliance with environmental regulations and food safety standards, increasing consumer confidence in greenhouse-grown products.
competitive environment
The major players operating in the commercial greenhouse market are Agra-tech, Inc., Argus Control Systems (acquired by CEL Group of Companies), Berry Global Group, Inc., Certhon (acquired by DENSO), Everlight Electronics Co Ltd, GreenTech Agro. LLC, Harnois Greenhouses Inc., Heliospectra AB, Hort Americas, LLC, Idea Group, Logiqs BV, LumiGrow, Inc., Nexus Greenhouse Systems (acquired by Gibraltar Industries), Plastika Kritis SA, Richel Group, Rough Brothers, Inc., Signify The holding company is Stuppy Greenhouse, Inc. These leading companies operating in this market have adopted various strategies such as M&A, R&D investments, collaborations, alliances, regional expansion, and new product launches. I am.
Recent trends
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October 24, 2023 Berry Global has developed a lightweight tube closure system that combines contemporary design and material adaptability while reducing greenhouse gas emissions. Berry offers a wide selection of tube closures. The Slimline line is lighter and thinner than typical caps, reducing greenhouse gas emissions.
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September 14, 2023 Heliospectra's new helioCORE 2.0 software helps growers grow their light by providing an extensive feature set aimed at maximizing energy savings, optimizing plant development, and optimizing operational efficiency. Transform the way you work with.
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On March 27, 2023, Acuity Brands, Inc. (NYSE: AYI) (the “Company”) and Current Lighting Solutions, LLC (“Current Lighting”) announced that Acuity Brands, Inc.'s Arize® line of horticultural products An agreement was reached to purchase. lighting solutions. Additionally, we and Hort Americas, LLC have an agreement under which we remain the sole distributor of these horticultural lighting products in the United States, Canada and Mexico.
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