The global greenhouse market was estimated at USD 25,481.16 million in 2022 and it is expected to surpass around USD 65,552.80 million by 2032, poised to grow at a CAGR of 9.91% from 2023 to 2032.
Key Pointers
Report Scope of the Greenhouse Market
| Report Coverage | Details |
| Market Size in 2022 | USD 25,481.16 million |
| Revenue Forecast by 2032 | USD 65,552.80 million |
| Growth rate from 2023 to 2032 | CAGR of 9.91% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | Sotrafa; Berry Global; NETAFIM; Certhon; Richel Group SA; Stuppy Greenhouse; Logiqs B.V.; Argus Control Systems Ltd.; Poly-Tex, Inc.; The Glasshouse Company; Luiten Greenhouses BV; Agra Tech, Inc. |
The major factors attributed to the growth are rapid urbanization accelerating the adoption of modern farming techniques and the rising population leading to the increasing demand for food. In addition, the aspects such as the decline in arable land worldwide causing a shift towards indoor agricultural practices including greenhouses, and government interventions such as export subsidies, tariffs or import levies, and direct payments to growers, among others further bolstering the growth of the market.
Greenhouse farming offers protection to crops from severe weather conditions by using techniques such as controlled environment agriculture technology, where the facilities use climate control systems. It offers numerous benefits which include increased production with lesser risks, year-round growth of crops like tomato, lettuce, brassica family (broccoli, kale), allium family (green onions, leeks, chives), reduction in food wastage, disease & pest prevention, prevention of agricultural run-off, and adequate cultivation in limited space, among others.
The decline in arable land is probably due to the conversion of the land into new developments or constructions. To expand suburbs and meet the rising demand for homes, real-estate developers have been increasingly buying farmland which in turn is generating the need for modern agricultural growing techniques like hydroponics & aquaponics. These growing mechanisms do not need arable land and can be done in controlled environments further contributing to the growth of the target market.
For instance, according to the United States Department of Agriculture (USDA) in 2021 the U.S. lost 1.3 million acres of farmland. Further, in the U.S., the total farmland in 2020 was 896,600,000 acres which decreased to 895,300,000 acres in 2021. Thus, greenhouse farming is a viable option for crop production in a limited space. Moreover, according to the United States Department of Agriculture in 2020, the average production of tomatoes cultivated hydroponically in greenhouses was 10.59 pounds per square foot, compared to 1.85 pounds per square foot for tomatoes grown conventionally. Therefore, greenhouse farming can increase overall crop production.
However, the high initial investment is the major factor restraining the industry's growth. Additionally, the high cost of installing LEDs, active heat systems, creating a controlled environment, and high maintenance cost restrains the market growth. Greenhouse design and structure are comparatively expensive, which can be challenging for many low-income farmers. Greenhouse-based farming is suited for profitable and medicinal crops which include saffron, medicinal marijuana, herbs, bamboo plants, and others that are easy to commercialize to maximize the chances of getting a return on investment (ROI) back quickly.
The COVID-19 pandemic has brought widespread disruption to the global supply chain, resulting in food shortages and inflation. Due to the supply-chain disruption, many greenhouse producers had problems transporting their inventory out. Thus, necessary measures are required to strengthen the food supply chain in a preparation for any future crisis. The epidemic has also highlighted the need of being able to conduct agricultural chores remotely. Further, the market expansion is anticipated to be driven due to amalgamation of traditional farming methods with advanced technologies like Artificial Intelligence (AI), big data, and intelligent controls.
Greenhouse Market Segmentations:
By Type
By Offering
By Crop Type
By End-user
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Greenhouse Market
5.1. COVID-19 Landscape: Greenhouse Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Greenhouse Market, By Type
8.1. Greenhouse Market, by Type, 2023-2032
8.1.1. Glass Greenhouse
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Plastic Greenhouse
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Greenhouse Market, By Offering
9.1. Greenhouse Market, by Offering, 2023-2032
9.1.1. Hardware
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Software
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Services
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Greenhouse Market, By Crop Type
10.1. Greenhouse Market, by Crop Type, 2023-2032
10.1.1. Fruits, Vegetables & Herbs
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Flowers & Ornamentals
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Greenhouse Market, By End-user
11.1. Greenhouse Market, by End-user, 2023-2032
11.1.1. Commercial Growers
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Research and Educational Institutes
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Retail Gardens
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Greenhouse Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.2. Market Revenue and Forecast, by Offering (2020-2032)
12.1.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.4. Market Revenue and Forecast, by End-user (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Offering (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.6.4. Market Revenue and Forecast, by End-user (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.2. Market Revenue and Forecast, by Offering (2020-2032)
12.2.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.4. Market Revenue and Forecast, by End-user (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Offering (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.6.4. Market Revenue and Forecast, by End-user (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Offering (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.7.4. Market Revenue and Forecast, by End-user (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Offering (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.8.4. Market Revenue and Forecast, by End-user (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.2. Market Revenue and Forecast, by Offering (2020-2032)
12.3.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.4. Market Revenue and Forecast, by End-user (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Offering (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.6.4. Market Revenue and Forecast, by End-user (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Offering (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.7.4. Market Revenue and Forecast, by End-user (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Offering (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.8.4. Market Revenue and Forecast, by End-user (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.2. Market Revenue and Forecast, by Offering (2020-2032)
12.4.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.4. Market Revenue and Forecast, by End-user (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Offering (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.6.4. Market Revenue and Forecast, by End-user (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Offering (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.7.4. Market Revenue and Forecast, by End-user (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Offering (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.8.4. Market Revenue and Forecast, by End-user (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Offering (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.5.4. Market Revenue and Forecast, by End-user (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Offering (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.6.4. Market Revenue and Forecast, by End-user (2020-2032)
Chapter 13. Company Profiles
13.1. Abbott
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Abbott
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Abbott
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Abbott
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Abbott
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Abbott
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Abbott
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Abbott
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Abbott
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Abbott
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers