Latin America Greenhouse Equipment Market

Latin America Greenhouse Equipment Market Size (2024 to 2029)

The Latin American greenhouse equipment market Size is expected to reach USD 3.66 billion in 2024 and is estimated to be growing at a CAGR of 7.9%, to reach USD 4.10 billion by 2026.

The purpose of a greenhouse is to shield crops from excess cold or heat and unwanted pests. A greenhouse makes it possible to grow certain types of crops year-round, and fruits, tobacco plants, vegetables, and flowers are what a greenhouse most commonly grows. A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

The Latin America Greenhouse Equipment market is driven by the rise in the adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary equipment which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.

This research report on the Latin America greenhouse equipment market is segmented and sub-segmented into the following categories:

Latin America Greenhouse Equipment Market Analysis By Equipment

• Heating systems
• Cooling systems
• Others

Latin America Greenhouse Equipment Market Analysis By Greenhouse Type

• Glass greenhouse
  • horticulture glass
  • other greenhouse glass
• Plastic greenhouse
  • polyethylene
  • polycarbonate
  • polymethyl methacrylate (PMMA)

Latin America Greenhouse Equipment Market Analysis By Crop Type

• Fruits & vegetables
• Flowers & ornamentals
• Nursery crops
• Other crop types

COUNTRY ANALYSIS

• Brazil
• Mexico
• Argentina
• South America

The huge rise in spending in the Greenhouse Equipment market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of a large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

KEY PLAYERS IN THE LATIN AMERICA GREENHOUSE EQUIPMENT MARKET 

Richel Group SA, Argus Control Systems Ltd, Certhon, Logiqs B.V, Lumigrow, Inc, Agra Tech, Inc, Rough Brothers, Inc, Nexus Corporation, Hort Americas, LLC, Heliospectra AB. These are the market players that are dominate the Latin America greenhouse equipment market.