The North American commercial greenhouse market size is expected to reach USD 10.34 billion by 2029 from USD 7.1 billion in 2024, growing at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2029.
Commercial greenhouses are special establishments that can help cultivate crops like fruits, vegetables, flowers, trees, and others in a controlled environment.
The advantages of these buildings to produce crops irrespective of weather conditions throughout the year are fuelling the North American market growth. The expanding need to control the depletion of natural resources coupled with the growing population in nations like the USA and Canada is further promoting the commercial greenhouse market in this region. The latest trend in organic farming and unpredictable weather conditions are other positive aspects of the North American commercial greenhouse market. The modern research and development activities in the agriculture sector along with supporting government initiatives to promote farming, are boosting sales in the local business. The need for sustainable cultivation and improved crop yields in any temperature and weather are predicted to create more opportunities for the North American commercial greenhouse market in the future.
Also, the surge in energy costs and shortage of workers to maintain the buildings and implement farming methods are negatively impacting the local commercial greenhouse business. In addition, crop cultivation under a controlled environment required advanced technologies and constant upgrades, affecting the profitability of players in this business. Besides, the optimum water management techniques, intense market competition, doubts related to environmental impacts, less consumer awareness, and logistics challenges are other key challenges to the regional market. The focus on biodiversity and environmental protection is restricting some of the cultivation practices, acting as a barrier to the North American commercial greenhouse market.
The COVID-19 pandemic had an initial negative impact on the North American commercial greenhouse market. The lockdown restrictions resulted in supply chain disruptions, transportation limitations, and the manufacturing of farming equipment. The shutdown of several companies led to a pause in research and development activities in the agriculture sectors. Also, the temporary closures and contactless conditions led to labor shortages for plantation and maintenance of commercial greenhouses. The lockdown also halted new practices due to the government’s focus on pandemic control. On the other hand, the North American commercial greenhouse market is anticipated to witness some positive demand with the changing consumer preference for seasonal foods and flowers to avoid unexpected natural calamities.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
9.5% |
Segments Covered |
By Equipment, Type, Crop Type and Country |
Various Analyses Covered |
Global, Regional, and country-level analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Country's Covered |
The United States, Canada, and the Rest of North America |
Market Leaders Profiled |
Nexus Corporation, Heliospectra AB, Argus Control Systems Limited, Lumigrow Inc., Hort Americans, LLC, Agra Tech, Inc., Rough Brothers, Inc., Berry Global Group, Inc., Prospect, Stuppy Greenhouse, and DeCloet Greenhouse Manufacturing Ltd. |
The plastic segment recorded the highest share of the North American commercial greenhouse market due to the cost-effectiveness, heat insulation, and flexible options provided by this material. Some of the plastic varieties used for these buildings are polyester, polycarbonate, polyethylene, and polyvinyl chloride.
The fruits and vegetables segment recorded a prominent portion of the North American commercial greenhouse market due to the rising demand for healthy food options among consumers in the USA, Canada, and Mexico. The availability of controlled conditions to cultivate seasonal varieties and support continuous production is boosting sales in the local marketplace.
The heating systems section dominates the North American commercial greenhouse market and is likely to register a steady growth rate in the future. The benefits offered by the heating systems, such as disease protection, optimum growth, and improved harvest, are estimated to create more opportunities in the future.
The USA dominated the regional commercial greenhouse market owing to the rising demand for the cultivation of various types of crops under continuous monitoring to avoid interruptions in production. The spike in the adoption of innovative technologies in farming is promoting the local market. In addition, the changing trends in agriculture and consumer interests in organic farming are contributing to the US commercial greenhouse market. Besides, the changing consumer preference for healthy food options like fruits and vegetables is also boosting sales in the local market. Also, the emphasis on reducing food wastage and water depletion is resulting in more growth opportunities for businesses in this area. Similarly, Canada is an emerging market in North America, and with harsh climatic conditions, there is a huge scope for the commercial greenhouses market in the foreseen period. Nevertheless, Mexico also offers lucrative growth potential with the high percentage of vegetable cultivation in the nation.
Nexus Corporation, Heliospectra AB, Argus Control Systems Limited, Lumigrow Inc., Hort Americans, LLC, Agra Tech, Inc., Rough Brothers, Inc., Berry Global Group, Inc., Prospect, Stuppy Greenhouse, and DeCloet Greenhouse Manufacturing Ltd. Are some major players involved in North America commercial greenhouse market.
Frequently Asked Questions
The United States holds the largest market share, followed by Canada and Mexico.
The growing demand for locally sourced produce, adoption of advanced technologies, and sustainable farming practices are major trends driving the growth of the commercial greenhouse market in North America.
High initial setup costs, energy consumption, and skilled labor availability, which can impact operational efficiency, are some of the major challenges to the growth of the North American commercial greenhouse market.
The USA dominated the regional commercial greenhouse market owing to the rising demand for the cultivation of various types of crops under continuous monitoring to avoid interruptions in production.
Nexus Corporation, Heliospectra AB, Argus Control Systems Limited, Lumigrow Inc., Hort Americans, LLC, Agra Tech, Inc., Rough Brothers, Inc., Berry Global Group, Inc., Prospiant, Stuppy Greenhouse, and DeCloet Greenhouse Manufacturing Ltd. Are some major players involved in North America commercial greenhouse market.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region