The Expanding Global Greenhouse Market: A Sustainable Growth Story
The global greenhouse market was valued at USD 39.6 billion in 2023 and is projected to reach USD 68.7 billion by 2028, experiencing a strong compound annual growth rate (CAGR) of 11.6% during the forecast period. As the demand for sustainable and controlled agricultural practices increases, commercial greenhouses are emerging as a vital solution for modern farming.
Floriculture and Ornamental...
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...