According to MarketsandMarkets, the global commercial greenhouse market size is estimated to be valued at USD 29.6 billion in 2020 and is projected to reach USD 50.6 billion by 2025, recording a CAGR of 11.3% in terms of value. The growth of the market can be attributed to the rising demand for food due to the growing population, and climate change, which affects the yield of crops. Also, growing knowledge about commercial greenhouse technology for higher yield will provide various growth opportunities for commercial greenhouse market in coming years.
Commercial greenhouse horticulture began by using soil as the base for all plants due to its easy availability and less initial infrastructure costs. Commercial greenhouses offer different types of covering materials such as glass or plastic roofs, and frequently glass or plastic walls. It is an emerging application with high growth potential, which uses several technologies such as heating systems, cooling systems, ventilation systems, LED grow light, communication technology, irrigation system, and control systems, among others. Heating and cooling systems are the major equipment in the commercial greenhouse market. The increasing population and demand for food in developing regions such as the Asia Pacific are boosting the growth of the commercial greenhouse market. The growing requirement of fresh food in the Middle East has helped create an opportunity for urban farming in this region. The increasing trend of rooftop farming and the rising population are the two major drivers for the market.
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On the basis of product type, vegetables segment dominated the commercial greenhouse marlet in 2019. Greenhouses are a great tool for growing vegetables. It helps in growing vegetables all year around without being concerned about the changing weather, temperature, or other conditions. Producing vegetables in greenhouses protects the crops from harsh conditions such as cold, wind, pests, drought, blistering heat, and critters trying to eat them. Growing vegetables in greenhouses also allows in creating the most suitable condition for the crops owing to the controlling factors available in greenhouses, such as moisture, light, temperature, fertilization, humidity, and irrigation. This controlled environment with adjustable temperature settings and regulation of humidity and moisture helps in providing the plant a constant supply of moisture both from the environment and the roots which reduce water stress. When there is no water stress, plants only focus on flowering or fruiting, which helps in healthy growth of crops. Growing crops in a greenhouse also enables growers to choose the soils that are beneficial for healthy crop growth. Diseases and pests are also reduced by having the right soil for growing crops.
On the basis of type, plastic greenhouse segment dominated the commercial greenhouse market in 2019. Plastic used in commercial greenhouses is made in a manner that makes it more durable than regular plastic. This specially made plastic can resist tearing and can withstand extreme weather conditions.
On the basis of equipment, heating system dominated the commercial greenhouse market in 2019. Heating systems are considered as one of the vital requirements for the effective production of plants in commercial greenhouses. Systems which provide a constant temperature control and do not discharge any harmful material is contribute towards the growth of the plants. A heating system is a process for maintaining the temperature at a desired level. These systems can be centrally controlled or distributed. Often, greenhouses use radiant hot water heating systems for internal heating during cold weather conditions. These heating systems use mixing valves to control the temperature of heating pipes as they can effectively regulate the temperature of heating pipes by flow control.
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Europe region is expected to have the largest market share in commercial greenhouse market during the period projected. Europe has traditionally been at the forefront of implementing advanced techniques in commercial greenhouse horticulture. Countries such as the Netherlands, Spain, and Turkey have large areas under greenhouse cultivation. However, in the Netherlands, growers mostly cultivate their plants in simple tunnel-like greenhouses without the use of climate control technologies. Controlled environment agriculture has flourished in Scandinavian countries, where farming is nearly impossible during winter. European growers are one of the biggest adopters of commercial greenhouse technologies in the world. The cold climate in several parts of Europe necessitates the use of climate control to provide a favorable environment for plant growth.
