Commercial Greenhouse Market Driving Factors, Key Market Players and Their Impact
The commercial greenhouse market size is on an upward trajectory, projected to reach USD 68.7 billion by 2028 from an estimated USD 39.6 billion in 2023, reflecting a robust CAGR of 11.6% during the forecast period. This remarkable global expansion of the commercial greenhouse market can be attributed to a convergence of factors that are redefining the agricultural landscape.
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Driving...
In Depth Analysis of the Global Commercial Greenhouse Market
The Commercial Greenhouse Market is on a significant growth trajectory. It is projected to achieve a valuation of USD 68.7 billion by 2028, surging from an estimated USD 39.6 billion in 2023. This growth is driven by a multitude of factors that reflect the evolving needs and priorities of individuals, businesses, and industries.
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Greenhouses have become essential in agriculture...
Commercial Greenhouse Market to Generate USD 61.6 billion Revenue by 2027
The global commercial greenhouse market is estimated to be valued at USD 35.5 billion in 2022. It is projected to reach USD 61.6 billion by 2027, recording a CAGR of 11.6% during the forecast period. Commercial greenhouses offer different types of covering materials such as glass or plastic roofs, and frequently glass or plastic walls. An emerging application with high growth potential, commercial...
Commercial Greenhouse Market Driving Factors & COVID-19 Analysis
The Commercial Greenhouse Market size is estimated to be valued at USD 29.6 billion in 2020. It is projected to reach USD 50.6 billion by 2025, recording a CAGR of 11.3% in terms of value. The growth of the market can be attributed to the rising demand for food due to the growing population and climate change, which affects the yield of crops. Also, growing knowledge about commercial greenhouse...
Growth of Commercial Greenhouse Market Backed by Growing Demand for Food and Better Yield
Plants are grown in a controlled but favorable environment in greenhouses, with temperature, light, humidity, and ventilation being the essential components required for crop production. Over the past decade, commercial greenhouse operations have made its presence felt, and is here to stay for a long time ahead, owing to the lack of arable land and unsuitable climate. Commercial greenhouses help in...