Mexico commercial greenhouse market is expected to grow at CAGR of 3.71% over the forecast period. According to the Prime Time International, there were 9,083 acres of greenhouse production in Mexico as of 2017. Rising awareness about crop production under protected environment is boosting the demand for commercial greenhouses in Mexico. Lower greenhouse produce’s production and labor costs in Mexico also makes the country a buyers’ market where suppliers compete on price, thus positively impacting the growth of commercial greenhouse market in the country. Moreover, higher crop yields and lower transportation and logistics costs could provide an opportunity for creating a demand for low-priced and longer-lasting greenhouse produce in the country, thus spurring the growth of commercial greenhouse market in Mexico during the next five years.
Rising awareness about modern farming practices
Growing cannabis production in U.S. and Canada
In November 2018, UbiQD Inc. launched commercial sales of its red-light emitting window film that can be simply attached to the undersides of greenhouse windows in Mexico.
Mexico Commercial Greenhouse Market has been analyzed through the following segments:
Fruits and Vegetables
Flowers and Ornamentals