India Commercial Greenhouse Market Size, Share, Opportunities And Trends By Type (Free Standing, Gutter Connected), By Component (High-Tech Commercial Greenhouse, Medium-Tech Commercial Greenhouse, Low-Tech Greenhouse) And By Application (Fruits And Vegetables, Flowers And Ornamentals, Nursery Crops) - Forecasts From 2022 To 2027

The India commercial greenhouse market is projected to grow with a CAGR of 6.50%. India is one of the countries relying heavily on their agricultural sector. Agriculture, forestry, and fishing contributed to 15.619% of the country’s GDP in 2017 and US$414.029 billion in terms of absolute value in the same year (source: The World Bank). This has resulted in the county’s government investing heavily in the field of agriculture and is projected to help the market for commercial greenhouses to grow. Furthermore, the increasing availability of cheaper greenhouse setups has resulted in an increase in the demand by small scale farmers, further increasing the demand for greenhouses in the country. However, a strong preference for traditional cultivation methods in the country will pose as a restriction to the market in the coming years.

DRIVERS

Supportive Government Initiatives

RESTRAINTS

Presence of conventional methods for cultivating crops

INDUSTRY UPDATE

In May 2019, Mahindra and Mahindra Ltd.’s subsidiary Mahindra EPC signed a deal with Top Greenhouses Ltd., a greenhouse technology company based in Israel to launch a joint agricultural venture in India.

The major players profiled in the India Commercial Greenhouse market include Indian Greenhouses Pvt. Ltd., Saveer Biotech Limited, Netafim, GM Greenhouses, and Mahindra EPC (Operating under Mahindra and Mahindra Ltd.).

Segmentation

The India commercial greenhouse market has been analyzed through the following segments:

By Type

Free Standing

Gutter Connected

By Component

High-Tech Commercial Greenhouse

Heating System

Heaters

Valves

Vents

Others

Cooling System

Fans

Cooling Pad Systems

Medium-Tech Commercial Greenhouse

Heaters

Cooling Pads

Thermostats

Exhaust Fans

Others

Low-Tech Greenhouse

By Application

Fruits and Vegetables

Flowers and Ornamentals

Nursery Crops

Target audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants