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Commercial Greenhouse Market Expected to Experience Massive Growth During Forecast Period

Commercial Greenhouse Market Expected to Experience Massive Growth During Forecast Period

The recent “Commercial Greenhouse Market” report by Report Ocean gathers insights and assessments through genuine consultations with key stakeholders, including CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors. This comprehensive study aims to thoroughly examine the global industry, target market, competition, and various influencing factors. Ask for Free Sample Report

The report on the “Commercial Greenhouse Market” conducts a data-driven quantitative analysis of the relevant industry. It utilizes research based on public records to identify significant patterns. Additionally, it provides predictions for the market sector’s growth between 2024 and 2032. The research primarily focuses on major global market manufacturers, analyzing sales volume, rates, competitive aspects, market share, and development strategies up to 2032.

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Global Commercial Greenhouse Market Analysis and Growth Forecast:

Global Commercial Greenhouse Market is valued at approximately USD 27 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2020-2027. A greenhouse is generally termed as a building made of a transparent material, such as glass, in which plants are usually grown. Commercial greenhouses are available in several sizes and shapes with various functions. The commercial greenhouses typically deliver a controlled environment for plant production with abundant sunlight, humidity, and temperature. Also, they need exposure to light, particularly in the morning hours. Water, fuel, and electricity make environment controls possible that are essential for favorable results. Thus, greenhouse technology is a major technology of all agricultural production activities. The consumption of a commercial greenhouse is mainly expanding for the production of seasonal and non-seasonal crops, for producing high-quality fruits, vegetables and flowers, and the formulation of nursey prepared by the tissue culture. Therefore, the rising need for a commercial greenhouse for the production of high-quality crops, along with the limited availability of arable land in developed & developing countries are the few factors responsible for the CAGR of the market during the forecast period.

According to the survey conducted by World Bank Group, it is estimated that Japan having 11.74% availability of arable land in 2010 but it has reduced to 11.47% by the end of the year 2016. Similarly, Greece has 19.91% availability of arable land in 2010 but it has reduced to 16.60% in 2016. Due to a decline in the availability of arable land various countries adopting commercial greenhouses for the cultivation of crops, thereby, strengthening the market growth all over the world. Although, the recent outbreak of COVID-19 has adversely affected the deployment of commercial greenhouse around the world as the manufacturing operations are temporarily suspended due to the lockdown imposed by the government, and thus, causing a substantial slowdown in the production & demand, which may pose a major challenge for the market growth in the recent year. However, the high setup cost of commercial greenhouse and lack of awareness about greenhouse techniques are the major factors restraining the market growth over the forecast period of 2020-2027.

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The regional analysis of the global Commercial Greenhouse market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the rising implementation of advanced greenhouse techniques, along with the presence of a significant number of market players in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as a rapidly growing population with shrinkable arable land, followed by the growing demand for food would create lucrative growth prospects for the Commercial Greenhouse market across the Asia-Pacific region.

Major market player included in this report are:
Agra Tech Inc.
Argus Control Systems Ltd.
Certhon Greenhouse Solutions
Heliospectra AB
Keder Greenhouse Ltd
Logiqs B.V.
LumiGrow, Inc.
Nexus Corporation Ltd.
Richel Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Type:
Glass Greenhouse
Plastic Greenhouse

By Equipment:
Heating Systems
Cooling Systems

By Crop Type:
Fruits & Vegetables
Flower & Ornamental
Nursery Crops

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

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Report Components

Market Synopsis: This section encapsulates the present market scenario and outlines the industry’s scope. It includes a comprehensive analysis of key segments such as product types, applications, and regions, with revenue and sales forecasts provided as part of this overview.

Competitive Landscape: Illuminating the market’s competitive terrain, this section presents an in-depth analysis of manufacturers, offering insights into individual players’ revenue and sales figures. Additionally, it encompasses noteworthy details on mergers, acquisitions, and industry investments.

Regional Analysis: Providing an overview of market revenue, sales, and shares across major regions and sub-regions, this segment also explores the pricing structure, sales growth rate, and other crucial estimations.

Company Profiles: This section provides strategic business insights about key firms operating within the market landscape. It covers product specifications, revenue shares, and portfolios of these major companies.

The Analysis Objectives of the Report are:

To determine the size of the Market by identifying its sub-segments.

To research the key players and analyze their growth strategies.

To assess the size and value of the Market based on key regions.

To analyze the Market in terms of growth trends, potential, and participation in the overall sector.

To investigate the Market size (volume and value) from the company, key regions/countries, goods and applications, and background data.

Primary Market manufacturers to specify, clarify, and analyze the product sales volume, value, market share, market rivalry landscape, SWOT analysis, and future development plans.

To investigate market competitive developments such as market expansions, agreements, new product launches, and acquisitions.

What is new in 2024?

– Major developments that can change the business landscape as well as market forecasts.

– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

– Coverage of new market players and change in the market share of existing players of the market.

– Updated financial information and product portfolios of players operating in the market.

– Updated market developments of the profiled players.

– Any new data points/analysis (frameworks) which was not present in the previous version of the report

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