Greenhouse Horticulture Market size to grow by USD 11,021.23 million from 2022 to 2027|Improvement in CO2 extraction technologies for greenhouses drives the market - Technavio

NEW YORK, July 6, 2023 /PRNewswire/ -- The global greenhouse horticulture market size is estimated to grow by USD 11,021.23 million from 2022 to 2027, at a CAGR of almost 7.69%, according to a recent market study by Technavio. Europe is estimated to account for 56% of the market growth. In Europe, greenhouses are designed in such a way that it allows higher passage of light due to their location at a higher latitude when compared to other regions. As daytimes are shorter during winter at higher altitudes, the greenhouse is specifically designed to allow maximum sunlight during the day. One of the main countries in Europe which produce greenhouse products and export greenhouse components and technologies is the Netherlands. Different free trade agreements in the Eurozone with many countries, such as Iceland and Norway, have increased the export of greenhouse products and technologies. Hence, such factors are expected to drive the market growth in the region during the forecast period. For more insights on the historic period (2017 to 2021), and forecast market size (2023 to 2027) - Request a sample report

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Greenhouse Horticulture Market - Segmentation Assessment

Segment Overview
The market is segmented by product (plastic and glass), crop type (fruits and vegetables, nursery crops, flowers and ornamentals, and others), and geography (Europe, North America, APAC, Middle East and Africa, and South America). 

• The plastic segment will account for a significant share of market growth during the forecast period. Plastic greenhouses are generally manufactured from polycarbonate, acrylic, polyethylene, or fiberglass. One of the main plastic materials which have high impact strength are Polycarbonates and acrylic which protect the crops from snow as well as hail without breaking. There is an increasing adoption of f plastic greenhouses in developing countries due to lower initial investment costs when compared with glass greenhouses. Hence, such cost advantages will drive the growth of this segment during the forecast period.

Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report

Greenhouse Horticulture Market – Market Dynamics
Key factor driving market growth
The improvement in CO2 extraction technologies for greenhouses drives the market growth. In order to produce glucose during the process of photosynthesis, plants require CO2. But the amount of CO2 available in the atmosphere is only 0.04% by volume. Thus the innovation of a new technique known as direct air capture helps to capture CO2 directly from the atmosphere. Several companies are also innovating advanced technology to extract CO2. For instance, Climeworks has recently introduced the world's first commercial plant for CO2 capture from the atmosphere. Hence, such factors are expected to drive the market growth during the forecast period.

Leading trends influencing the market 

The improvement in materials for retaining heat in greenhouses is an emerging trend shaping the market. In passive thermal management for a greenhouse, the walls can be manufactured from materials that can absorb heat during hotter temperatures and release heat during colder temperatures. Thus PCMs are those kinds of material that facilitate the passive thermal management of greenhouses. There is an increasing demand for PCM due to its several applications in building and construction, cold chains, refrigeration, and textile industries besides greenhouses. Hence, such factors are expected to drive the market growth during the forecast period.

Major challenges hindering the market growth

The high costs associated with greenhouses are one of the major challenges impeding market growth. Some of the key initial costs associated with greenhouses include high capital and operating expenses for building high-quality greenhouses for the best yields as well as maintaining the characteristics of a greenhouse for desired plant growth. Some of the main maintenance costs for a greenhouse are the costs of cleaning and repairing faulty equipment, heaters, ventilation and irrigation systems, screens, fans, and glasshouse. Hence, such factors are expected to hinder the market growth during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period (2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Greenhouse Horticulture Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Greenhouse Horticulture Market between 2023 and 2027
• Precise estimation of the size of the Greenhouse Horticulture Market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Greenhouse Horticulture Market across Europe, North America, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Greenhouse Horticulture Market vendors

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Related Reports:

The commercial greenhouse market size is estimated to grow at a CAGR of 10.72% between 2022 and 2027 and the size of the market is forecast to increase by USD 10,570.41 million. This report extensively covers market segmentation by type (plastic greenhouse and glass greenhouse), product (fruits and vegetables, flowers and ornamentals, and nursery crops), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Improvements in CO2 extraction technologies for greenhouses is the key driver for the growth of the global commercial greenhouse market.

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Crop Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global greenhouse horticulture market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global greenhouse horticulture market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Crop type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Crop type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Plastic - Market size and forecast 2022-2027
• Exhibit 34: Chart on Plastic - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Plastic - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Plastic - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Plastic - Year-over-year growth 2022-2027 (%)

• 6.4 Glass - Market size and forecast 2022-2027
• Exhibit 38: Chart on Glass - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Glass - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Glass - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Glass - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by Crop Type

• 7.1 Market segments 
• Exhibit 43: Chart on Crop Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Crop Type - Market share 2022-2027 (%)

• 7.2 Comparison by Crop Type 
• Exhibit 45: Chart on Comparison by Crop Type
• Exhibit 46: Data Table on Comparison by Crop Type

• 7.3 Fruits and vegetables - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Fruits and vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Fruits and vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Fruits and vegetables - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Fruits and vegetables - Year-over-year growth 2022-2027 (%)

• 7.4 Nursery crops - Market size and forecast 2022-2027
• Exhibit 51: Chart on Nursery crops - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Nursery crops - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Nursery crops - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Nursery crops - Year-over-year growth 2022-2027 (%)

• 7.5 Flowers and ornamentals - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Flowers and ornamentals - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Flowers and ornamentals - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Flowers and ornamentals - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Flowers and ornamentals - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Crop Type 
• Exhibit 63: Market opportunity by Crop Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Spain - Market size and forecast 2022-2027
• Exhibit 105: Chart on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Spain - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Spain - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Asian Perlite Industries Sdn Bhd 
• Exhibit 116: Asian Perlite Industries Sdn Bhd - Overview
• Exhibit 117: Asian Perlite Industries Sdn Bhd - Product / Service
• Exhibit 118: Asian Perlite Industries Sdn Bhd - Key offerings

• 12.4 Batenburg Techniek NV 
• Exhibit 119: Batenburg Techniek NV - Overview
• Exhibit 120: Batenburg Techniek NV - Product / Service
• Exhibit 121: Batenburg Techniek NV - Key offerings

• 12.5 Ceres Greenhouse Solutions 
• Exhibit 122: Ceres Greenhouse Solutions - Overview
• Exhibit 123: Ceres Greenhouse Solutions - Product / Service
• Exhibit 124: Ceres Greenhouse Solutions - Key offerings

• 12.6 Certhon Build B.V. 
• Exhibit 125: Certhon Build B.V. - Overview
• Exhibit 126: Certhon Build B.V. - Product / Service
• Exhibit 127: Certhon Build B.V. - Key offerings

• 12.7 Dalsem Greenhouse Projects BV 
• Exhibit 128: Dalsem Greenhouse Projects BV - Overview
• Exhibit 129: Dalsem Greenhouse Projects BV - Product / Service
• Exhibit 130: Dalsem Greenhouse Projects BV - Key offerings

• 12.8 Europrogress Srl 
• Exhibit 131: Europrogress Srl - Overview
• Exhibit 132: Europrogress Srl - Product / Service
• Exhibit 133: Europrogress Srl - Key offerings

• 12.9 Industries Harnois Inc. 
• Exhibit 134: Industries Harnois Inc. - Overview
• Exhibit 135: Industries Harnois Inc. - Product / Service
• Exhibit 136: Industries Harnois Inc. - Key offerings

• 12.10 Novavert GmbH and Co. KG. 
• Exhibit 137: Novavert GmbH and Co. KG. - Overview
• Exhibit 138: Novavert GmbH and Co. KG. - Product / Service
• Exhibit 139: Novavert GmbH and Co. KG. - Key offerings

• 12.11 Orbia Advance Corp. SAB de CV 
• Exhibit 140: Orbia Advance Corp. SAB de CV - Overview
• Exhibit 141: Orbia Advance Corp. SAB de CV - Business segments
• Exhibit 142: Orbia Advance Corp. SAB de CV - Key offerings
• Exhibit 143: Orbia Advance Corp. SAB de CV - Segment focus

• 12.12 Priva Holding BV 
• Exhibit 144: Priva Holding BV - Overview
• Exhibit 145: Priva Holding BV - Product / Service
• Exhibit 146: Priva Holding BV - Key offerings

• 12.13 Richel Group SAS 
• Exhibit 147: Richel Group SAS - Overview
• Exhibit 148: Richel Group SAS - Product / Service
• Exhibit 149: Richel Group SAS - Key offerings

• 12.14 Ridder Drive Systems BV 
• Exhibit 150: Ridder Drive Systems BV - Overview
• Exhibit 151: Ridder Drive Systems BV - Product / Service
• Exhibit 152: Ridder Drive Systems BV - Key offerings

• 12.15 Rough Brothers Inc. 
• Exhibit 153: Rough Brothers Inc. - Overview
• Exhibit 154: Rough Brothers Inc. - Product / Service
• Exhibit 155: Rough Brothers Inc. - Key offerings

• 12.16 Top Greenhouses Ltd. 
• Exhibit 156: Top Greenhouses Ltd. - Overview
• Exhibit 157: Top Greenhouses Ltd. - Product / Service
• Exhibit 158: Top Greenhouses Ltd. - Key offerings

• 12.17 Van der Hoeven Horticultural Projects BV
• Exhibit 159: Van der Hoeven Horticultural Projects BV - Overview
• Exhibit 160: Van der Hoeven Horticultural Projects BV - Product / Service
• Exhibit 161: Van der Hoeven Horticultural Projects BV - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations 
• Exhibit 168: List of abbreviations

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