The Europe commercial greenhouse market is expected to grow at a CAGR of 5.15% from an initial value of US$9,206.394 million in 2021 and is estimated to reach a market size of US$13,088.148 million in 2028.
A commercial greenhouse raises plants intended for sale to businesses. They are frequently cutting-edge facilities designed expressly to raise the targeted crops. Rapid urbanization and a lack of agricultural land are driving the growth of EU commercial greenhouse market. The adoption of commercial greenhouses in traditional agriculture has also been pushed by climatic changes, and this trend will spur the market's expansion even further. Additionally, one of the main factors influencing the growth of commercial greenhouses is their ability to produce high yields in comparison to conventional farming methods. Due to the difficult climatic circumstances, commercial greenhouses maintain a major portion of the market because this type of crop growing is the most popular. Due to their extensive coverage, the greenhouses may have had a localized cooling effect due to the large amount of sunshine that their white roofs reflect. The expansion of these commercial greenhouses is being accelerated by government programs to support greenhouse farming. Countries like Russia are embracing greenhouse farming more and more to implement sustainable farming throughout the nation, which is boosting the growth of the commercial greenhouse.Growing demand for greenhouse crops, technical innovation coupled with climatic change is driving the market growth.
Climate change is a significant issue for the agriculture sector. Significant changes in climate have been noticed worldwide, which results in a lack of production. For example, some of the driest weather in Europe may be found in the province of Almera in southeast Spain. The weather in Spain has also led to a demand for controlled cultivation and a rise in attention to commercial greenhouses due to climate change. In the Provincia de Almeria in Southern Spain, there are greenhouses covering 31,000 hectares of land. One of the biggest producers of fruits and vegetables in Europe, these facilities generate 3.5 million tonnes of food annually. Almera's greenhouses reportedly encompass more than 40,000 hectares (150 square miles), or almost all of Campo de Dallas, according to the Barcelona Field Study Center. They have also overflowed onto nearby neighborhoods. Further, Major companies are aiming to preserve environmental sustainability, minimize water and energy use, and for this purpose, they are entering into strategic partnerships. For instance, in March 2022, to achieve a 20% increase in production while using 20% less water and energy, the Spanish Grupo Hortofrutcola Paloma extended its greenhouses with Novagric.Key developments.
In Infrascreen, a Swiss firm, has raised $1.5 million in funding for its nanotech-enabled smart material,' which will be utilized to control climatic conditions in greenhouses in May 2022. According to Infrascreen, this smart material can improve business greenhouse energy efficiency by maximizing natural radiation, lowering energy use by up to 20%.Tata Steel announced the release of a new 42mm diameter size option for its Forcas precision steel tube in September 2021, which is well-known for its use as a crop heating system in commercial greenhouse applications. Forcas, Tata Steel's thin-walled steel precision tube, is perfect for use in greenhouse heating systems, which are critical for increasing crop output and improving product quality. With the capacity of commercial greenhouses expanding, the increased size offering gives architects, heating installers, and greenhouse builders more design options, as well as greater heating capabilities.
By application, the Europe commercial greenhouse market is segmented into fruits and vegetables, flowers and ornaments, and nursery crops. Fruits and vegetables segment dominates the Europe commercial greenhouse market as growing health awareness among consumers, especially among the younger generation, is focusing on helping people get healthier and feel better. Additionally, consumers are choosing a healthier diet due to the rising prevalence of obesity and other related illnesses.
By country, the Europe commercial greenhouse market is divided into Germany, France, the United Kingdom, The Netherlands, Spain, Russia, and Others. During the forecast period, Germany and Spain are expected to hold a considerable market shares due to growing demand for fresh and locally grown produce as greenhouses provide a controlled environment for growing a variety of crops year-round. The UK market is also anticipated to grow at a significant market rate and will hold a market share because of the development of advanced greenhouse technologies which has made it possible for commercial greenhouses to operate more efficiently, increase crop yields, and reduce production costs, making commercial greenhouse farming more attractive and profitable.
Market Segmentation:
By Type
- Plastic
- Glass
By Component
- High-Tech Commercial Greenhouse
- Heating System
- Heaters
- Valves
- Vents
- Others
- Cooling Systems
- Fans
- Cooling Pad Systems
- Medium-Tech Greenhouse
- Heaters
- Cooling Pads
- Thermostats
- Exhaust Fans
- Others
- Low-Tech Greenhouse
By Application
- Fruits And Vegetables
- Flowers And Ornamentals
- Nursery Crops
By Country
- Germany
- France
- United Kingdom
- The Netherlands
- Spain
- Russia
- Others
Table of Contents
1. INTRODUCTION1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Design
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. EUROPE COMMERCIAL GREENHOUSE MARKET, BY TYPE
5.1. Introduction
5.2. Plastic
5.3. Glass
6. EUROPE COMMERCIAL GREENHOUSE MARKET, BY COMPONENT
6.1. Introduction
6.2. High-Tech Commercial Greenhouse
6.2.1. Heating System
6.2.1.1 Heaters
6.2.1.2 Valves
6.2.1.3 Vents
6.2.1.4 Others
6.2.2. Cooling Systems
6.2.2.1. Fans
6.2.2.2. Cooling Pad Systems
6.3. Medium-Tech Greenhouse
6.3.1. Heaters
6.3.2. Cooling Pads
6.3.3. Thermostats
6.3.4. Exhaust Fans
6.3.5. Others
6.4. Low-Tech Greenhouse
7. EUROPE COMMERCIAL GREENHOUSE MARKET, BY APPLICATION
7.1. Introduction
7.2. Fruits and Vegetables
7.3. Flowers and Ornamentals
7.4. Nursery Crops
8. EUROPE COMMERCIAL GREENHOUSE MARKET, BY COUNTRY
8.1. Introduction
8.2. Germany
8.3. France
8.4. United Kingdom
8.5. The Netherlands
8.6. Spain
8.7. Russia
8.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. ININSA
10.2. NETAFIM
10.3. Palram Industries Ltd.
10.4. Rufepa Tecnoagro, S.L.
10.5. Agra Tech, Inc.
10.6. Richel Group
10.7. COFRA (Dalsem)
10.8. DutchGreenhouses
10.9. Siap Spain Sl
Companies Mentioned
- ININSA
- NETAFIM
- Palram Industries Ltd.
- Rufepa Tecnoagro, S.L.
- Agra Tech, Inc.
- Richel Group
- COFRA (Dalsem)
- DutchGreenhouses
- Siap Spain Sl
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 98 |
Published | March 2023 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 9206.39 million |
Forecasted Market Value ( USD | $ 13088.15 million |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Europe |
No. of Companies Mentioned | 9 |