Over the past decade, the greenhouse cuttings market in Canada has shown considerable fluctuations. Sales saw a significant decline from 2013 to 2016, with recovery beginning slow in 2017. By 2019, positive growth was notable, continuing through 2020, with a strong upward trend. The years 2021 and 2022 witnessed robust sales increases, peaking in 2022. However, there was a slight dip in 2023, standing at 57.86 million CAD. Nonetheless, the forecast for 2024 and beyond remains optimistic, with annual growth expected to continue, reaching 72.812 million CAD by 2028.
Future trends to watch for:
- The role of emerging technologies in greenhouse practices.
- Sustainable and eco-friendly practices driving market expansion.
- Potential impacts of climatic changes on market supply and demand.
