Global Commercial Greenhouse Market: Regional Insights
Based on geography, the global commercial greenhouses market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regionally, North America is expected to dominate the global commercial greenhouse market over the forecast period owing to the increasing advancement in greenhouse cultivation in the US which attracting more farmers to adopt this technology. The US commercial greenhouse market was valued at 5,587.8 units in 2020, and it is estimated to reach 7,548.7 units by 2026, registering a CAGR of 4.9% during the forecast period.
Europe is expected to witness significant growth over the forecast period owing to the growing commercial greenhouse market in UK. The United Kingdom commercial greenhouse market was valued at US$ 923.0 Billion in 2020, and it is estimated to reach US$ 1,332.7 Billion by 2026, registering a CAGR of 5.5% for the forecast period. The United Kingdom accounted for 8.2% of the European commercial greenhouse market in 2020.
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