Horticultural Greenhouse Market
Horticultural Greenhouse Market Size, Share & Industry Analysis, By Type (Glass Greenhouse, Plastic Greenhouse), By Technology (Heating Systems, Cooling Systems, Others), By Crop Type (Fruits & Vegetables, Flowers & Ornamentals, Nursery Crops), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) -- Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview
“The global Horticultural Greenhouse market is projected to grow at a CAGR of 8.2% during the forecast period of 2024-2031, reaching a market value of USD YY billion by 2031.”
The Asia-Pacific region currently dominates the market with a share of YY%, driven by the increasing adoption of greenhouse horticulture in countries like China and India. The market growth is attributed to factors such as rising global food demand, need for year-round crop production, and increasing focus on sustainable agriculture practices. Horticultural greenhouses provide a regulated environment in which crops can grow to their full potential while still being protected from the elements. The market is expanding rapidly due to rising demand for fresh produce, urbanization, and the necessity for efficient land use. Automation and smart agricultural technologies are driving market growth.
Market Dynamics
Increasing Adoption of Vertical Farming Boosts Demand for Greenhouses
Vertical farming is gaining popularity as a sustainable and effective food production method, especially in cities with limited land. Greenhouses play an important part in vertical farming because they provide a regulated environment for multi-layer crop development.
According to our analysis, the global vertical farming market is predicted to reach USD XX billion by 2026, with a CAGR of 24.6% between 2019 and 2026. The growing popularity of vertical farming is generating demand for modern greenhouse systems with features such as hydroponics, LED lighting, and climate control.
Government Initiatives and Subsidies Support Market Growth
Governments around the world are launching initiatives and offering subsidies to encourage greenhouse horticulture and help farmers. For example, in 2021, the Indian government announced the "Mission for Integrated Development of Horticulture" (MIDH) program, which provides financial aid for greenhouse building and the implementation of contemporary horticultural practices.
Such government support encourages farmers to invest in greenhouse infrastructure, which drives market expansion. Furthermore, governments are encouraging greenhouse farming as a way to assure food security and reduce reliance on imports.
High Initial Investment and Operational Costs Hinder Market Growth
The substantial initial investment required to establish a greenhouse facility, as well as the accompanying operational expenditures, are significant barriers to the horticulture greenhouse market's growth. Greenhouse construction requires major capital investment in infrastructure, such as the structure, climate control systems, irrigation, and lighting.
Furthermore, continuous operational expenditures like energy consumption for heating and cooling, maintenance, and labor increase overall costs. These high expenses can prevent small and medium-sized farmers from pursuing greenhouse farming, especially in developing nations. Market participants are tackling this difficulty by producing low-cost greenhouse solutions and providing financing options to make greenhouse farming more accessible.
Segment Overview
Plastic Greenhouses to Witness Significant Growth
The plastic greenhouse category is predicted to increase significantly during the forecast period. Plastic greenhouses are gaining popularity because they are less expensive, lighter in weight, and easier to build than glass greenhouses. They have good light transmission and can be easily customised to meet diverse crop needs.
According to our analysis, the global plastic greenhouse market is expected to reach USD XX billion by 2027, rising at an 8.5% CAGR between 2020 and 2027. The increasing adoption of plastic greenhouses in underdeveloped nations, where cost is a major issue, is propelling the industry forward.
Plastic greenhouses are frequently used to cultivate fruits, vegetables, and flowers. They are a cheap choice for farmers who want to extend their growing seasons and safeguard crops from harsh weather conditions. Advances in plastic materials, such as UV-stabilized and IR-blocking layers, are improving the performance and longevity of plastic greenhouses.
Regional Outlook
Asia-Pacific to Dominate the Horticultural Greenhouse Market
Asia-Pacific is likely to maintain its dominance in the horticultural greenhouse market over the forecast period. The region's enormous population, growing middle class, and expanding demand for fresh food are all major drivers driving market expansion. Countries such as China, India, and Japan make significant contributions to the regional market.
China is the world's greatest producer and consumer of horticulture crops. The country has actively promoted greenhouse farming to accommodate rising food demand and provide year-round crop supply. According to China's National Bureau of Statistics, greenhouse agriculture would cover 3.7 million hectares in 2020.
India is another important market for horticulture greenhouses in the Asia-Pacific area. The Indian government's measures to promote protected cultivation, as well as the increased adoption of advanced agricultural practices, are driving market expansion. The country's unique agroclimatic conditions, combined with increased export demand for horticultural output, are driving the development of greenhouse farming.
Competitive Intelligence
The horticultural greenhouse industry is highly competitive, with many global and regional participants. Leading market players include Richel Group SA, Certhon Build B.V., Argus Control Systems Ltd., Logiqs B.V., Lumigrow, Inc., Agra Tech, Inc., Rough Brothers, Inc., and Heliospectra AB. To increase their market position, these organisations prioritise product innovation, technological advancements, and strategic collaborations.
Product differentiation and customisation are major techniques used by market players to meet the varying needs of growers. Companies are investing in R&D to develop modern greenhouse systems that include automated climate management, energy-efficient lighting, and data-driven farming solutions.
Mergers and acquisitions are also common in the industry, allowing corporations to broaden their geographical reach and improve their product offerings. For example, in 2021, Richel Group SA purchased greenhouse producer Olsthoorn Greenhouse Solutions to boost its position in the European market.
Major Players
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Richel Group SA
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Certhon Build B.V.
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Argus Control Systems Ltd.
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Logiqs B.V.
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Lumigrow, Inc.
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Agra Tech, Inc.
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Rough Brothers, Inc.
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Heliospectra AB
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Netafim Ltd.
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Greentech Agro LLC
Key Developments
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In February 2024, Richel Group SA introduced a new line of energy-efficient greenhouses with innovative climate control systems.
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Certhon Build B.V. joined forces with a major AgTech firm in August 2024 to create a smart farming system for greenhouse production.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segmentation
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Regional Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium) *
5. COMPANY PROFILES
5.1. Richel Group SA
5.2. Certhon Build B.V.
5.3. Argus Control Systems Ltd.
5.4. Logiqs B.V.
5.5. Lumigrow, Inc.
5.6. Agra Tech, Inc.
5.7. Rough Brothers, Inc.
5.8. Heliospectra AB
5.9. Netafim Ltd.
5.10. Greentech Agro LLC (*LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Increasing Adoption of Vertical Farming Boosts Demand for Greenhouses
6.1.2. Growing Focus on Sustainable and Precision Agriculture
6.1.3. Rising Demand for Organic Produce Drives Greenhouse Cultivation
6.2. Market Drivers
6.2.1. Government Initiatives and Subsidies Support Market Growth
6.2.2. Technological Advancements in Greenhouse Systems Fuel Adoption
6.2.3. Urbanization and Need for Efficient Land Use Propel Market Expansion
6.3. Market Restraints
6.3.1. High Initial Investment and Operational Costs Hinder Market Growth
6.3.2. Lack of Skilled Labor and Technical Knowledge in Developing Countries
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
7.1. Glass Greenhouse
7.2. Plastic Greenhouse
7.2.1. Polyethylene
7.2.2. Polycarbonate
7.2.3. Others
8. BY TECHNOLOGY (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
8.1. Heating Systems
8.1.1. Hot Water Heating
8.1.2. Gas Heating
8.1.3. Others
8.2. Cooling Systems
8.2.1. Natural Ventilation
8.2.2. Forced Ventilation
8.2.3. Others
8.3. Others
8.3.1. Irrigation Systems
8.3.2. Lighting Systems
9. BY CROP TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
9.1. Fruits & Vegetables
9.1.1. Tomatoes
9.1.2. Cucumbers
9.1.3. Peppers
9.1.4. Others
9.2. Flowers & Ornamentals
9.2.1. Roses
9.2.2. Gerberas
9.2.3. Lilies
9.2.4. Others
9.3. Nursery Crops
9.3.1. Seedlings
9.3.2. Saplings
10. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
10.1. North America
10.1.1. United States
10.1.2. Canada
10.1.3. Mexico
10.2. South America
10.2.1. Brazil
10.2.2. Argentina
10.2.3. Rest of South America
10.3. Europe
10.3.1. Germany
10.3.2. United Kingdom
10.3.3. France
10.3.4. Italy
10.3.5. Spain
10.3.6. Russia
10.3.7. Rest of Europe
10.4. Asia-Pacific
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. Australia
10.4.5. South Korea
10.4.6. Rest of Asia-Pacific
10.5. Middle-East
10.5.1. UAE
10.5.2. Saudi Arabia
10.5.3. Turkey
10.5.4. Rest of Middle East
10.6. Africa
10.6.1. South Africa
10.6.2. Egypt
10.6.3. Rest of Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
Horticultural Greenhouse Market Segmentation
By Type:
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Glass Greenhouse
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Plastic Greenhouse
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Polyethylene
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Polycarbonate
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Others
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By Technology:
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Heating Systems
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Hot Water Heating
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Gas Heating
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Others
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Cooling Systems
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Natural Ventilation
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Forced Ventilation
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Others
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Others
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Irrigation Systems
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Lighting Systems
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By Crop Type:
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Fruits & Vegetables
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Tomatoes
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Cucumbers
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Peppers
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Others
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Flowers & Ornamentals
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Roses
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Gerberas
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Lilies
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Others
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Nursery Crops
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Seedlings
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Saplings
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By Region:
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North America
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Europe
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Asia-Pacific
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Latin America
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Middle East & Africa
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