Global Greenhouse Market Size & Outlook, 2023-2030
Global greenhouse market, 2018-2030 (US$M)
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Global greenhouse market highlights
- The global greenhouse market generated a revenue of USD 27,652.1 million in 2023 and is expected to reach USD 53,510.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.9% by 2030.
- In terms of segment, commercial growers accounted for a revenue of USD 10,156.2 million in 2023.
- Research and Educational Institutes is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 27,652.1 million |
| Market revenue in 2030 | USD 53,510.8 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Commercial growers |
| Fastest growing segment | Research and Educational Institutes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial Growers, Research and Educational Institutes, Retail Gardens |
Other key industry trends
- In terms of revenue, the North America accounted for 22.7% of the global greenhouse market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 3,637.7 million by 2030.
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Greenhouse Market Scope
Greenhouse Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global greenhouse market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to greenhouse market will help companies and investors design strategic landscapes.
Commercial growers was the largest segment with a revenue share of 36.73% in 2023. Horizon Databook has segmented the Global greenhouse market based on commercial growers, research and educational institutes, retail gardens covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Greenhouse End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial Growers
- Research and Educational Institutes
- Retail Gardens
- Others
- Global Greenhouse Type Outlook (Revenue, USD Million, 2018-2030)
- Glass
- Horticulture Glass
- Others
- Plastic
- Polyethylene
- Polycarbonate
- Polymethyl-methacrylate
- Glass
- Global Greenhouse Crop Category Outlook (Revenue, USD Million, 2018-2030)
- Fruits Vegetables, & Herbs
- Tomato
- Lettuce
- Bell & Chili Peppers
- Strawberry
- Cucumber
- Leafy Greens (excluding lettuce)
- Herbs
- Others
- Flowers & Ornamentals
- Perennials
- Annuals
- Ornamentals
- Others (Cannabis, Microgreens)
- Others
- Fruits Vegetables, & Herbs
- Global Greenhouse Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Lighting
- Hydroponic components
- Climate control
- Irrigation Systems
- Sensors
- Others
- Software
- Services
- System Integration & Consulting
- Managed Services
- Assisted Professional Services
- Hardware
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Target buyers of Global greenhouse market databook
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Our clientele includes a mix of greenhouse market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global greenhouse market , including forecasts for subscribers. This global databook contains high-level insights into Global greenhouse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global greenhouse market size, by regions, 2018-2030 (US$M)
Top 10 countries: Greenhouse market size, 2023 (US$M)
Global greenhouse market share, by end use, 2023 & 2030 (%, US$M)
Greenhouse market: Opportunity assessment by country
Global greenhouse market, by region, 2023 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,260.5 | 4,571.1 | 4,913.6 | 5,320.1 | 5,774.0 | 6,283.0 | 6,855.7 | 7,502.7 | 8,234.6 | 9,069.0 | 10,023.6 | 11,120.7 | 12,387.8 | 10.2% |
| Europe | 6,185.2 | 6,585.0 | 7,023.6 | 7,546.0 | 8,126.7 | 8,774.8 | 9,500.9 | 10,317.2 | 11,233.1 | 12,274.3 | 13,460.3 | 14,816.3 | 16,374.3 | 9.3% |
| Asia Pacific | 5,077.4 | 5,509.1 | 5,988.7 | 6,557.4 | 7,197.3 | 7,920.2 | 8,739.8 | 9,672.6 | 10,707.8 | 11,911.8 | 13,303.5 | 14,908.1 | 16,769.1 | 11.3% |
| Latin America | 1,928.3 | 2,040.5 | 2,163.2 | 2,309.9 | 2,472.5 | 2,653.5 | 2,855.5 | 3,082.0 | 3,329.9 | 3,613.6 | 3,936.7 | 4,303.5 | 4,722.2 | 8.6% |
| MEA | 1,555.7 | 1,632.0 | 1,712.9 | 1,808.2 | 1,910.6 | 2,020.6 | 2,139.1 | 2,266.8 | 2,446.0 | 2,620.3 | 2,804.6 | 3,016.1 | 3,257.3 | 7.1% |
| Overall | 19,007.1 | 20,337.6 | 21,801.9 | 23,541.6 | 25,481.1 | 27,652.1 | 30,091.0 | 32,841.3 | 35,951.4 | 39,489.0 | 43,528.7 | 48,164.5 | 53,510.8 | 9.9% |
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