Commercial Greenhouse Market: Europe is poised to hold the largest market share by 2028

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.

Europe is poised to hold the largest market share during the forecast period. Many European countries face constraints on available arable land due to urbanization and land-use pressures. Commercial greenhouses emerge as a viable solution to maximize food production in such limited spaces, addressing the challenge of food security. 

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Europe's commitment to agricultural research and innovation, driven by institutions, universities, and research organizations, has led to advanced greenhouse technologies, cultivation practices, and crop varieties that enhance productivity and sustainability. Furthermore, Europe's well-developed commercial greenhouse sector allows for surplus production that can be exported to other regions, solidifying its dominance in the market.

The key players in this market include Berry Global Group, Inc (US), Signify Holding (Netherlands), Heliospectra AB (Sweden), PLASTIKA KRITIS S.A. (Greece), EVERLIGHT ELECTRONICS CO., LTD (Taiwan), Prospiant (US), RICHEL GROUP (France), Argus Control Systems Limited (Canada), Certhon (Netherlands), LOGIQS.B.V. (Netherlands), Lumigrow, Inc (Canada), Agra Tech, Inc (US), Hort Americas (US), Top Greenhouses (Israel), Stuppy Greenhouse (US).

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