Europe Commercial Greenhouse Market was worth $ 9.53 billion in 2021 and estimated to be growing at a CAGR of 10.3%, to reach $ 15.67 billion by 2026. Greenhouses are places for growing plants in a controlled environment. In Europe, Countries such as the Germany, Netherlands, Spain, and France have large areas under greenhouse cultivation. Temperature is the most important factor for plant photosynthesis. Due to the temperature, a commercial greenhouse needs to be equipped with technologies for maintaining the ideal temperature required for photosynthesis.
Heating systems and Cooling systems is important for the commercial agriculture because they maintain the optimum temperature for the growth of fresh fruits and vegetables. Glass greenhouses are chosen for traditional glazing because of its permeance and beauty. Europe has large market for plastic greenhouses. Plastic are more cost effective than Glass greenhouses. Europe has traditionally been at the forefront of implementing advanced techniques in the commercial greenhouse market. In Europe, there is huge demand for fruits and vegetables.
Drivers and Restraints of Europe Commercial Greenhouse Market:
The evolution of CEA (Controlled Environment Agriculture) and commercial greenhouses took place in Europe due to the favourable weather conditions for the adoption of commercial greenhouse automation machineries and more help from governments. Many Europe companies have invested in the research and development of various areas of the commercial greenhouse, including climate control, material handling and lighting among others. As a result of this development in CEA, Europe has large market for commercial greenhouse. However, High investment especially technologies such as LED grow light and HVAC systems is major restraint for the development of the Commercial greenhouse market.
On the basis of region, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle east and Africa. The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. In Europe, Germany leads the Europe Commercial Greenhouse Market.
In 2016, Europe is the largest market for commercial greenhouse because of the need for the agriculture, urbanisation and technology advancements. The European has dominated the plastic greenhouse market over the globe. Europe has a share of 26% in the global Commercial greenhouse market. Since there is huge demand for fruits and vegetables, it has the maximum market for Greenhouses. The Europe commercial greenhouse market has been increasing with CAGR of 10.3%.
The top players in the market include Richel Group SA (France), Certhon (U.S.), Argus Control Systems Ltd. (U.S), Logiqs (The Netherlands), Lumigrow (U.S.), Keder Greenhouse (UK), Agra Tech, Inc (U.S.), Hort Americas, LLC (U.S.), Rough Brothers Inc. (U.S.), and Heliospectra AB (Sweden). Most of these companies have been exploring new regions through agreements & contracts across the world, to give a competitive advantage through combined synergies. LumiGrow is the one of the important company in making business in the commercial greenhouse market. It increases its customers with partnership agreement and contracts.
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