What Is The Current and Historic Market Size Analysis Of The Greenhouse Soil Market?
The greenhouse soil market has seen considerable growth due to a variety of factors.
• In recent times, there has been significant growth in the greenhouse soil market size. The projected growth is from $4.68 billion in 2024 to $4.94 billion in 2025, which translates to a compound annual growth rate (CAGR) of 5.6%.
The growth experienced in the past periods can be accredited to factors such as enhanced crop yield, control of pests and diseases, increasing awareness about water conservation, the surge in urban farming, and a rising demand for specific types of soils.
What Are The Predictions for The Greenhouse Soil Market in the Coming Years?
The greenhouse soil market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, the greenhouse soil market is anticipated to witness substantial growth, expanding to $6.08 billion by 2029 with a compound annual growth rate (CAGR) of 5.3%.
This growth during the projection period can be accredited to the rising demand for organic products, unpredictable weather conditions, soaring demand for suitable soil, escalating global populace, and enhanced market penetration and accessibility. Key trends in the estimated period involve progressions in soil formulations, focus on soil health and microbiome, acceptance of soilless growing mediums, rigid regulations, and incorporation of technology in soil production.
Which Drivers Are Accelerating Growth In The Greenhouse Soil Market?
The greenhouse soil market's progression is expected to be buoyed by the escalating gardening sector. The term 'gardening sector' relates to growing and maintaining gardens, including plants, flowers, and vegetables. This sector comprises numerous activities such as landscaping, lawn management, and horticulture, which often call for a distinct set of tools and products. The sector's appeal is on the rise due to factors including increased interest in home-gardening, urban living trends, growing consciousness, educational programs, and community efforts. Greenhouse soil supports growing demand from the gardening sector by offering nutrients-rich and well-drained conditions which contribute to regular and healthy plant growth. For example, a survey from National Gardening Association, a non-profit organization based in the United States, revealed that spending on lawn and gardening tasks saw a significant surge in 2022, averaging at $616 which is $74 more than 2021. Also, the proportion of households involved in indoor houseplant gardening climbed up to 35.5% in 2022 compared to 29.3% in the year before. Consequently, the burgeoning gardening sector is fueling the greenhouse soil market's expansion.
What Are The Core Segments Of The Global Greenhouse Soil Market?
The greenhouse soilmarket covered in this report is segmented –
1) By Type: Potting Mix, Garden Soil, Mulch, Topsoil, Other Types
2) By Component: Rockwool, Coco Husk Chips, Peat Moss, Aged Bark, Other Components
3) By Application: Indoor Gardening, Greenhouse, Lawn And Landscaping, Other Applications
Subsegments:
1) By Potting Mix, General Potting Mix, Cactus And Succulent Potting Mix, Orchid Potting Mix, Hydroponic Potting Mix, Organic Potting Mix, Acid-Loving Plant Potting Mix
2) By Garden Soil, Vegetable Garden Soil, Flower Garden Soil, Herb Garden Soil, Raised Bed Soil, Organic Garden Soil, Soil for Lawn And Turf
3) By Mulch, Wood Chip Mulch, Bark Mulch, Straw Mulch, Cocoa Shell Mulch, Rubber Mulch, Compost Mulch
4) By Topsoil: Enriched Topsoil, Bulk Topsoil, Screened Topsoil, Blended Topsoil, Specialty Topsoil
5) By Other Types: Compost, Peat Moss, Coconut Coir, Vermiculite, Perlite, Sand, Lime, Biochar
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How Are Emerging Trends Reshaping The Dynamics Of The Greenhouse Soil Market?
Leading businesses in the greenhouse soil market are channeling their efforts into creating innovative solutions like climate-conscious potting mixtures and perlite, both of which aid in aeration and drainage. Climate-conscious potting mix is specifically designed to lessen the environmental impact by incorporating sustainable, environmentally friendly ingredients. These may include renewable resources, methods of reducing carbon footprint, and techniques to foster healthier plant and soil growth. For example, in June 2024, Sun Gro Horticulture, a horticultural growing media provider based in the US, introduced the Sunshine Black Bear potting mix. This product, suitable for both indoor and outdoor application aims to capture carbon and promote environmental sustainability. This forward-thinking innovation contains carbon-rich biochar, referred to as Black Bear Biochar, that improves both aeration and drainage. It is ideal for both indoor and outdoor pots, hanging baskets, and window planters, and facilitates environmental sustainability in addition to enhancing plant growth.
Who Are the Key Players In The Greenhouse Soil Market?
Major companies operating in the greenhouse soil market are:
• Scotts Miracle-Gro Company
• Premier Tech
• Sun Gro Horticulture Inc
• COMPO GmbH
• Kellogg Garden Products
• Florentaise
• Agriplast
• Westland Horticulture
• Klasmann-Deilmann GmbH
• Espoma
• Good Earth
• southeast soils inc
• FoxFarm Soil & Fertilizer Co.
• Fafard
• Dr. Earth Inc.
• Lambert Peat Moss
• Vermicrop Organics
• Pro-Mix
• ASB Grünland Helmut Aurenz GmbH
• Berger
• Roots Organics
What Are The Regional Insights Into The Greenhouse Soil Market?
North America was the largest region in the greenhouse soil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the greenhouse soil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
