Greenhouse Horticulture Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Grow Bags, Greenhouse Films, Wind Break and Shelter Nets, Horticulture Twines, Others), By Material Type (Glass, Plastic), By Application (Vegetables, Ornamentals, Fruit, Others), and Region Forecast 2020-2031

Greenhouse Horticulture Market size was valued at US$ 32.9 billion in 2024 and is expected to reach US$ 67.9 billion by 2031, growing at a significant CAGR of 10.9% from 2025-2031. The factors influencing the growth of the market include an increase in the adoption of greenhouse horticulture due to fluctuations in environmental conditions, government initiations to raise awareness about greenhouse farming among the farmers, development of advanced techniques for greenhouse farming, an increase in the demand for organic and quality food products among the population, and rapid urbanization and decrease in arable land are anticipated to surge the market over the forecast timeframe.

However, high cost for greenhouse horticulture and lack of awareness about greenhouse farming in underdeveloped countries are anticipated to hamper the growth of market over the forecast timeframe. The market is consolidating as large players complement each other’s businesses by means of collaborations and acquisitions. For instance, In July 2016, Philips Horticulture partnered with Light4Food to supply LED lighting for vertical farms.