1. Commercial Greenhouse Market The global Commercial Greenhouse Market size is predicted to reach USD 74.76 billion by 2030 with a CAGR of 9.26% © Next Move Strategy Consulting

2. Market Overview • Commercial greenhouse is a glass or plastic-enclosed framed structure providing highly controlled and stable environments suitable for the growth of flowers, vegetables, fruits, and transplants. • This farming technique offers a controlled environment as enclosed facilities offer optimum growing conditions to grow crops in lesser time with better yields within a limited area. • Glass-based greenhouses are traditional methods, whereas plastic ones, such as polyethylene, polyvinyl or fiberglass, have gained immense popularity recently owing to their high durability and resistance to extreme weather conditions & tearing. © Next Move Strategy Consulting

3. Market Revenue ($Bn) The shrink in land availability or decrease in arable land for cultivation, rise in demand for nutritious food products, and higher yields in lesser time are among a few drivers of the commercial greenhouse market. Here’s a graphical representation of the Commercial Greenhouse Market Revenue, 2024-2030 ($ Bn) © Next Move Strategy Consulting

4. Market Segments - By Type The global commercial greenhouse market share is analyzed on the basis of type, equipment, crop type, component, and geography. • Horticulture glass • Others Glass Greenhouse • Polyethylene • Polycarbonate • Polymethyl methacrylate Plastic Greenhouse © Next Move Strategy Consulting

5. Market Segments - By Equipment “Hardware” is further classified under: • Lighting systems • Communication systems • Climate control systems • Sensors • Irrigation systems • System controls • Others • Hardware • Software and Services © Next Move Strategy Consulting

6. Market Segments - By Crop Types Fruit and Vegetable Flowers and Ornamental Cut Flowers, Indoor Ornamental Plants, Natural Flower Bulbs, Outdoor Ornamental Plants Tomatoes, Cucumber, Watermelon, Pepper, Eggplant, Squash, Strawberries, Banana, Others Nursery Crops Others © Next Move Strategy Consulting

7. North America • U.S. • Canada • Mexico Geographical Analysis North America accounts the major market share owing to the high adoption of advanced technologies including climate control, data science, self-sufficient water systems, and automation capabilities to enable efficient crop farming. • Europe • UK • Germany • France • Italy • Spain • Rest of Europe • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa © Next Move Strategy Consulting

8. Key Players • LumiGrow • Argus Control Systems ltd. • Richel Group • Logiqs BV • Rough Brothers, Inc. • Heliospectra AB • Certhon • Berry Global • Agra-tech, Inc. • Hort Americas • Signify Holding © Next Move Strategy Consulting

9. Key Highlights • Technological Advancements: There's a notable trend towards integrating advanced technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and automation systems. These technologies help optimize growing conditions, improve crop quality, and enhance overall efficiency. • Expansion of Controlled Environment Agriculture (CEA): The adoption of CEA methods, including hydroponics and aeroponics, is increasing. These methods allow for precise control over environmental variables like temperature, humidity, and light, resulting in higher yields and better crop consistency. • Rising Demand for Locally Grown Produce: Consumers and businesses are increasingly interested in locally sourced and sustainably grown produce. Greenhouses enable year-round production in diverse climates, reducing dependence on imported food and lowering carbon footprints. © Next Move Strategy Consulting

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