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Latin America Greenhouse Equipment Market By Equipment (heating Systems, Cooling Systems, Others), By Type (glass Greenhouse, Plastic Greenhouse), By Crop Type (fruits & Vegetables, Flowers & Ornamental, Nursery Crops, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecast | 2022 to 2027

Published: March, 2023
ID: 4717
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Greenhouse Equipment Market Size & Growth (2022 - 2027):

Latin America Greenhouse Equipment Market Size was worth USD 2.91 billion in 2021 and estimated to be growing at a CAGR of 7.9%, to reach USD 4.10 billion by 2026.

The purpose of a greenhouse is to shield crops from excess cold or heat and unwanted pests. A greenhouse makes it possible to grow certain types of crops year-round, and fruits, tobacco plants, vegetables, and flowers are what a greenhouse most commonly grows. A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

Latin America Greenhouse Equipment Market Drivers:

The Latin America Greenhouse Equipment market is driven by the rise in the adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary equipment which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.

Latin America Greenhouse Equipment Market is segmented and sub-segmented into the following categories:

By Equipment:

  • Heating systems
  • Cooling systems
  • Others

By Greenhouse Type:

  • Glass greenhouse
    • horticulture glass
    • other greenhouse glass
  • Plastic greenhouse
    • polyethylene
    • polycarbonate
    • polymethyl methacrylate (PMMA)

By Crop Type:

  • Fruits & vegetables
  • Flowers & ornamentals
  • Nursery crops
  • Other crop types

Latin America  Greenhouse Equipment Market is Geographically divided into:

  • Brazil
  • Mexico
  • Argentina
  • South America

The huge rise in spending in the Greenhouse Equipment market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of a large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

Key Players:

  • Richel Group SA
  • Argus Control Systems Ltd
  • Certhon, Logiqs B.V
  • Lumigrow, Inc
  • Agra Tech, Inc
  • Rough Brothers, Inc
  • Nexus Corporation
  • Hort Americas, LLC
  • Heliospectra AB

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