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Greenhouse Soil Market

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The Global Greenhouse Soil Market is expected to exhibit a CAGR of 3.8%, over the forecast period (2019-2027), and reach US$ 7,180.5 Mn by 2027.
Greenhouse Soil Market Sales Size Share Forecast 2027
Greenhouse is a structure used for growing crops under fully or partially
controlled environmental conditions, in order to get maximum output and
optimum growth. Greenhouse soil is used for cultivation of crops in greenhouse
farming. On the basis of product type, the greenhouse soil market is segregated
into potting mix, garden soil, mulch, and top soil. Potting mixes is modified
mixtures of soil, organic, and inorganic materials that are used for growing
greenhouse plants.
Top soil is the top layer of the soil that is used in greenhouse cultivation, and it
can be anywhere between 2 to 12 inches. It is used as a portion of mixture and is
combined with other materials such as compost to improve aeration and water
holding capacity of the potting soil. Potting mixes are used to start seeds, and
are very light with higher water and air holding capacity. Top soil is rich in
nutrients and minerals, microorganisms, and organic matter that helps in the
growth of plants.
The global greenhouse soil market was valued at US$ 5,160.5 Mn in 2018, and
is expected to exhibit a CAGR of 3.8%, in terms of revenue over the forecast
period (2019-2027), and reach US$ 7,180.5 Mn by 2027.
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Major players operating in the global greenhouse soil market include
Klasmann-Deilmann, ScottsMiracle-Gro., Sun Gro Horticulture, Premier Tech,
ASB Greenworld, Florentaise, Lambert Peat Moss, Westland Horticulture,
Michigan Peat Company, FoxFarmSoil & Fertilizer Company, Southeast Soils
Peat Company Inc., and Espoma Organic.
Key players are focusing on strategies such as mergers & acquisitions, as well
as product launches to strengthen their position in the global market. For
instance, in August 2015, Westland Horticulture acquired William Sinclair, a
U.K.-based horticulture company. The acquisition includes Ellesmere Port
manufacturing facility of William Sinclair and brands such as Sinclair’s brands,
J. Arthur Bowers, New Horizon, Growing Success, Deadfast, Silverperl, and
professional growing media businesses. This acquisition has helped Westland
Horticulture to expand its greenhouse soil segment in Europe.
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pallavi.reddy
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