Agricultural Grow Bags Market is expected to reach the value of USD 307.63 million by 2029

PRESS RELEASE
Published July 24, 2023

Global Agricultural Grow Bags Market Size, Status, and Forecast 2029. In-depth research accumulated to offer Latest insights about acute features of the global Agricultural Grow Bags market. This report provides a detailed overview of key factors in the Agricultural Grow Bags Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Agricultural Grow Bags in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.

Data Bridge Market Research analyses that the agricultural grow bags market which was growing at a value of 200.45 million in 2021 and is expected to reach the value of USD 307.63 million by 2029, at a CAGR of 5.50% during the forecast period.

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Some of the major players operating in the Agricultural Grow Bags market

BLOEM, LLC (U.S.) Dolphin Plastics (U.S.), Dutch Plantin (Netherlands), FibreDust LLC (U.S.) JIFFY GROUP (U.S.) Goodao (China), Rain Science Grow Bags (U.S.) The Green Yard (U.S.) Van der Knaap Group (Netherlands), among others.

Global Agricultural Grow Bags Market Scope

Type

  • Upright
  • Horizontal

Application

  • Fruits and Vegetables
  • Commercial Crops
  • Others

Drivers

  • High prevalence of drip irrigation systems

The increasing population rising the demand for agricultural products, which has increased demand for the cultivation of agricultural crops with limited resources. Over the forecast period, demand for global drip irrigation systems is expected to be driven by the ability of drip irrigation system to provide higher yield with limited water supply. Furthermore, governments around the world are taking the lead by providing subsidies in various regions to encourage the use of drip irrigation systems. Again, rising agricultural activity in emerging economies such as India and Brazil is expected to drive demand for drip irrigation systems over the forecast period.

  • Adoption of fabrics in agricultural industries

The use of double-layered agricultural grow bags is the primary trend driving the growth of the agricultural grow bags market. Double-layered agricultural grow bags contain two layers of growing medium, one containing coir and the other containing chips. When compared to other growing substrates such as rock wool, the combination of cocoa coir on top and coco chips at the bottom removes excess water and allows for air retention. The use of cocoa as a substrate material for agricultural grow bags has increased since these agricultural grow bags were introduced. The fact that Dutch Plantin had to expand its production capacity with an additional factory to meet demand demonstrates the increased adoption of double-layer agricultural grow bags.

Agricultural Grow Bags Market Country Level Analysis

Agricultural Grow Bags market is analyzed and market size, volume information is provided by country, site location and foundation type as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia Pacific is dominating the agricultural grow bags market due to increasing agricultural yields. Additionally, major end-use industries will drive the regional agricultural grow bags market over the forecast period.

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https://www.databridgemarketresearch.com/reports/global-agricultural-grow-bags-market?Pradip

Important Sections from the Table of Contents:

  • Global Agricultural Grow Bags Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Agricultural Grow Bags Market Forecast

 

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