Global Agricultural Grow Bags Market – Industry Trends and Forecast to 2029

Agricultural Grow Bags Market Analysis and Size

Over the last few decades, irrigation facilities have seen many technological advancements for improved crop yield. Moreover, water scarcity is a significant issue associated with irrigation facilities all over the world. The implementation of agricultural grow bags is a solution to these issues.

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.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Agricultural Grow Bags Market Scope and Segmentation

Market Definition

Polypropylene is used to make agricultural grow bags. On hot days, these bags are breathable, allowing excess heat to escape. They are ideal for growing plants in a greenhouse but can also be used in a sunny spot outside. In greenhouses, agricultural grow bags have an average lifespan of two years. The lifespan is even shorter in open areas. The agricultural grow bags are disposed of after their lifespan has expired, exemplifying potential environmental hazards.

Global Agricultural Grow Bags Market Dynamics

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.

Opportunities

• Growing acceptance

Increased acceptance of fabric agricultural grow bags for high yield will provide additional opportunities for the agricultural grow bags market to grow in the coming years.

Restraints

• Rising raw material costs

On the other hand, rising raw material costs are expected to impede the growth of the agricultural grow bags market over the forecast period. Concerns about the environment and recycling may pose additional challenges to the growth of the agricultural grow bags market in the near future.

This agricultural grow bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural grow bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Agricultural Grow Bags Market

Agriculture and food production have been identified as critical sectors during the COVID-19 situation. The supply chain disruption has become the most significant factor affecting the agricultural grow bags market. Furthermore, logistics issues have hampered the supply of containers and vessels and the transport of certain micro-ingredients. However, food shortages in supermarkets and disruptions in the food supply chain caused by the pandemic increased agricultural activity in the region. In addition, demand for agricultural grow bags is expected to rise after restrictions were lifted.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Agricultural Grow Bags Market Scope

The agricultural grow bags market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Upright
• Horizontal

Application

• Fruits and Vegetables
• Commercial Crops
• Others

Agricultural Grow Bags Market Regional Analysis/Insights

The agricultural grow bags market is analysed and market size insights and trends are provided by country, types and application as referenced above.

The countries covered in the agricultural grow bags 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 dominates the agricultural grow bag market because of the increase in agricultural yields. Furthermore, major end-use industries will drive the regional agricultural grow bags market during the forecast period.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Agricultural Grow Bags Market Share Analysis

The agricultural grow bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural grow bags market.

Some of the major players operating in the agricultural grow bags market are:

• 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)
• WHS Australia (Australia)

SKU-63782