The rising population coupled with demand for high-quality food and high yield from commercial greenhouses are the essential factors influencing the growth of the commercial greenhouse market.
Market Size: USD 33.12 billion in 2020 Market Growth: CAGR of 11.6% Market Trends: Increasing disposable income of people in the developing countries.
The global commercial greenhouse market is estimated to reach USD 79.66 Billion by 2028 from USD 33.12 billion in 2020 with a CAGR of 11.6% during the projected period.
A commercial greenhouse is a customized assembly for growing crops that are sold for commercial consumption. Various vegetables, fruits, flowers and ornamentals, and shrubs are grown in these greenhouses. Low availability of arable land and the constant weather changes has led to the acceptance of commercial greenhouses.
The greenhouses are well-equipped with cooling systems, ventilation, and heating systems to provide a controlled environment suitable for product growth. The greenhouses are well-insulated from outside weather and temperature as it has plastic or glass roofing that provides protection along with some sunlight. The major challenge lies in maintaining the set optimum environmental conditions.
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.
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Growing crops and plants in the greenhouse has its advantages. The safe environment tends to keep the crops healthy and can also help to develop various plant modifications. The implementation of greenhouse farming results in proper control over temperature, humidity, light, and high yield of the product. Also, a lot of water is conserved using greenhouses rather than open fields. Additionally, the plants and crops are grown in the commercial greenhouse are safe from various infections, locusts, and animals that degrade the plant quality in the open field.
The requirement for commercial greenhouses is growing rapidly as it provides high-quality products throughout the year with the effective use of water, fertilizers, and labor. Another factor augmenting the growth of the commercial greenhouse market are the ornamental plants and flowers that are extensively used for decorating homes, parks and walkways. Moreover, the increasing disposable income and desire for good quality food are the significant factors increasing demand for the commercial house market.
However, the high initial development and lack of skilled labor are the major restrains limiting the market expansion of commercial greenhouses.
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)
By Type (Revenue, USD Billion, 2018 – 2028)
By Equipment (Revenue, USD Billion, 2018 – 2028)
By Region (Revenue, USD Billion, 2018 – 2028)
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Future key findings:
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Table of Content:
Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing
Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Product Outlook 2.3. Distribution Channel Outlook 2.4. Competitive Insights
Chapter 3. Seaweed Snacks Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics 3.4.1. Market Driver Analysis
Continued…
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