The Asia Pacific commercial greenhouse market is projected to reach US$11,363.408 million by 2024 from US$7,636.729 million in 2018 with a CAGR of 6.85%. Asia Pacific is a region based heavily on agriculture sector and poses as an attractive base for the commercial greenhouse market. The demand for commercial greenhouses in the region is projected to witness a good rise owing to the growing investments by both government and key players in the commercial greenhouse market. Furthermore, growing agricultural sector in the region is further projected to augment this demand in the coming years. China and South Korea are estimated to hold the major share of the market and will also grow at a good pace during the forecast period.
Supportive Government Initiatives
Increasing demand for improvement in productivity in adverse climatic conditions
Presence of conventional methods for cultivating crops
In May 2019, Roots Sustainable Agricultural Technologies Ltd. Initiated their third sale agreement of their state-of-the-art greenhouse project with Dagan Agricultural Automation, their distribution partner in China.
In April 2019, the construction of China -Israel Green Eco-Industrial Park was initiated in the Gansu Province in Northwest Asia Pacific. The project included is an intelligent greenhouse, a 10,000-tonne pneumatic warehouse, and a Gobi agriculture service center.
In July 2018, the Department of Agriculture in the country has received a grant worth US$2.43 million to be used to promote and install smart greenhouse projects to improve the domestic tomato production.
The major players profiled in the Asia Pacific Commercial Greenhouse market include Sichuan Jianyang Jianchuan Industry Co., Ltd., Beijing Kingpeng International Hi-Tech Corporation, Noonty Greenhouse Co., Ltd., IGREEN INDUSTRIES LIMITED, Qingzhou Xinhe Greenhouse Horticulture Co., Ltd., and Indian Greenhouses Pvt. Ltd., among others.
The Asia Pacific commercial greenhouse market has been analyzed through the following segments:
Cooling Pad Systems
Medium-Tech Commercial Greenhouse
Fruits and Vegetables
Flowers and Ornamentals
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ASIA PACIFIC COMMERCIAL GREENHOUSE MARKET BY TYPE
5.1. Free Standing
5.2. Gutter Connected
6. ASIA PACIFIC COMMERCIAL GREENHOUSE MARKET BY COMPONENT
6.1. High-Tech Commercial Greenhouse
6.1.1. Heating System
6.1.2. Cooling System
18.104.22.168. Cooling Pad Systems
6.2. Medium-Tech Commercial Greenhouse
6.2.2. Cooling Pads
6.2.4. Exhaust Fans
6.3. Low-Tech Greenhouse
7. ASIA PACIFIC COMMERCIAL GREENHOUSE MARKET BY APPLICATION
7.1. Fruits and Vegetables
7.2. Flowers and Ornamentals
7.3. Nursery Crops
8. ASIA PACIFIC COMMERCIAL GREENHOUSE MARKET BY COUNTRY
8.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Company Benchmarking and Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Sichuan Jianyang Jianchuan Industry Co., Ltd.
10.2. Beijing Kingpeng International Hi-Tech Corporation
10.3. Noonty Greenhouse Co., Ltd.
10.4. IGREEN INDUSTRIES LIMITED
10.5. Qingzhou Xinhe Greenhouse Horticulture Co., Ltd.
10.6. Indian Greenhouses Pvt. Ltd.
10.7. Saveer Biotech Limited
10.10. Bokyung Greenhouses Ltd.
LIST OF FIGURES
LIST OF TABLES
Sichuan Jianyang Jianchuan Industry Co., Ltd.
Beijing Kingpeng International Hi-Tech Corporation
Noonty Greenhouse Co., Ltd.
IGREEN INDUSTRIES LIMITED
Qingzhou Xinhe Greenhouse Horticulture Co., Ltd.
Indian Greenhouses Pvt. Ltd.
Saveer Biotech Limited
Bokyung Greenhouses Ltd.
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