Commercial Greenhouse Market Overview
The commercial greenhouse market is projected to register a CAGR of 6.2% during the forecast period (2021-2026). Europe has been the first to implement advanced techniques in the greenhouse, particularly in countries, such as Italy, Spain, and the Netherlands, where large areas are under greenhouse cultivation.
The adoption of advanced technology in agriculture has improved the approaches that farmers use in the farmland. Modern agriculture has made it easy for farmers to achieve high produces while making efficient utilization of resources. The fluctuations in the climatic conditions around the world are pushing the farmers toward employing greenhouse farming techniques, resulting in the growth of the market. The needs of the rising population, increasing food demand, the necessity to increase crop yields, and an increase in productivity are the factors driving the commercial greenhouse market.
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Commercial Greenhouse Market – Geographical Overview
Europe dominates the largest share in greenhouse installment
Europe and North America hold significant market shares, while the fastest growth can be observed in the Asia-Pacific region. Europe is the largest player because of urbanization, rapid technological advancements, and the high demand for fruits and vegetables. Agricultural cropland is anticipated to suffer a setback with the declining area under arable land in the region. According to the FAO, in Germany, the arable land came down steadily from 13.2 million hectares in 2014 to 9.9 million hectares in 2018. Over the period of 2014-18, a sharp decline of nearly 25% had been observed in the country.
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Key Highlights of the Commercial Greenhouse Market
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List of Key Players in the Commercial Greenhouse Market
*List Not Exhaustive
Mordor Intelligence has segmented the global commercial greenhouse market on the basis of equipment type, crop type, greenhouse type, and geography:
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