From 2013 to 2023, the greenhouse potted plants production in Canada exhibited varying trends, with year-on-year fluctuations such as a drop of 7.31% in 2023. In value terms, it stood at $234.48 million in 2023. Over the last five years, the average annual growth (CAGR) was 1.92%, demonstrating a positive trend despite yearly fluctuations. Future growth is expected to average 0.76% annually from 2024 to 2028, with a total increase of 3.88% by 2028.
Future trends to watch for include:
- Technological advancements in greenhouse farming.
- Shifts in consumer preferences towards sustainable and locally produced plants.
- Potential market disruptions due to economic and climatic factors.
