Report Ocean published the latest research report on the Commercial Greenhouse market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Commercial Greenhouse market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.
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The global commercial greenhouse market size was US$ 2,158.5 million in 2021. The global commercial greenhouse market size is forecast to reach US$ 3,492.5 million by 2030, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2022 to 2030.
Commercial greenhouse provides its customers with highly controlled and stable growing conditions facilitative to flowers, vegetables, fruits, and transplants for planting. It allows steadfast growth of greenhouse plants despite the local climate, soil, or topography challenges. Commercial greenhouses usually cultivate large quantities of plants for consumers. Greenhouse farming provides a greater degree of control over the environment in which crops grow. It is possible to have a good yield if producers manage the temperature, irrigation process, air humidity, and light efficiently.
The COVID-19 pandemic had a severe influence on agriculture’s supply chain and, as a result, the commercial greenhouse market. The entire country was under lockdown as a result of the COVID-19 outbreak. Many growers have lost store distribution and were reducing or closing their shops entirely. Furthermore, countries worldwide were experiencing a lockdown and mandatory social distancing announced by government authorities to stop the spread of the outbreak, resulting in imports and exports being restricted and delayed.
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The Asia Pacific region is forecast to garner a major market share in the commercial greenhouse market during the forecast period. The market is likely to develop over the projected period with the increasing requirement for higher yields and advancements in greenhouse cultivation technology in China, attracting more farmers to embrace the method.
The leading prominent companies profiled in the global commercial greenhouse market are:
The global commercial greenhouse market segmentation focuses on Equipment Type, Crop Type, Greenhouse Type, and Region.
Segmentation based on Equipment Type
Segmentation based on Crop Type
Segmentation based on Greenhouse Type
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What factors are taken into consideration when assessing the key market players?
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