Agricultural Grow Bags Market Forecasts to 2028 – Global Analysis By Product (Horizontal Plastic Bag, Upright, Vertical Plastic Bag), Material (Fabric, Polythene, Polypropylene), and By Geography
According to Stratistics MRC, the Global Agricultural Grow Bags Market is accounted for $190.00 million in 2020 and is expected to reach $328.90 million by 2028 growing at a CAGR of 7.1% during the forecast period. Some of the key factors propelling the market growth include increasing agricultural development globally, rising enhancements in precision irrigation systems for minimizing water usage, and growing adoption of fabric grow bags to improve crop yield. However, environmental hazards caused by plastic grow bags is likely to restraint the market.
The agricultural grow bags are made from polypropylene. These bags are breathable, they allow excess heat to escape on warm days. They are ideal for growing plants in the greenhouse, but are also perfect in a sunny spot outdoors.
By material, the fabric segment is projected to be a significant-growing segment during the forecast period, owing to the high cost-effectiveness of these bags, the fact that fabric agricultural bags have pores allowing proper aeration of roots, and allows appropriate aeration of roots that helps in achieving increased yield.
On the basis of geography, the North America region is expected to have considerable market growth during the forecast period, due to rising availability of premium quality products, growing espousal of grow bags after marijuana legalization, and strong presence of major market players in the region.
Some of the key players in Agricultural Grow Bags Market include FibreDust LLC, WHS Australia, Van der Knaap Group, Rain Science Grow Bags, Bloem LLC, The Green Yard, Dutch Plantin BV, JIFFY GROUP, Laizhou Guoliang Packing Products Co. Ltd., Cape Agricultural Products, FarmTek, Dolphin Plastics, Grow Organic, and Imerys.
Estimated Market Size in 2020:
USD 190.00 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 328.90 million
Tables, Graphs & Figures
Product, Material, Sales Channel, and Application.
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Horizontal Plastic Bag
• Vertical Plastic Bag
Sales Channels Covered:
• Direct Sales
• Commercial Crops
• Fruits and Vegetables
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Agricultural Grow Bags Market is majorly driven by growing agricultural development globally and increasing preference of growers with heavy soil to choose these bags and their ease of use.
The fruits and vegetables segment is growing at a highest CAGR owing to the high usage of grow bags for cultivating plants, especially tomatoes, carrots, potatoes and various other salad crops, in areas with bad soil.
Europe dominated with a significant market share due to the presence of favorable climatic conditions for cultivation, and increasing research and development activities associated with agricultural development in the region.
North America market is growing at a highest CAGR owing to the development in precision irrigation systems, rising availability of premium quality products, high espousal due to legalization of marijuana, and strong presence of major market players.
Key players in Agricultural Grow Bags Market include FibreDust LLC, WHS Australia, Van der Knaap Group, Rain Science Grow Bags, Bloem LLC, The Green Yard, Dutch Plantin BV, JIFFY GROUP, Laizhou Guoliang Packing Products Co. Ltd., Cape Agricultural Products, FarmTek, Dolphin Plastics, Grow Organic, and Imerys.
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