Hydroponic Growing Equipment Stores in the US - Industry Market Research Report

Hydroponic Growing Equipment Stores

The Hydroponic Growing Equipment Stores industry has exhibited strong performance over the past five years. Increased consumer focus on healthy eating and the benefits of organic produce have aided hydroponic food crop farmers that use this industry's equipment for small-scale, regional growing operations. Produce that is grown hydroponically often meets organic standards, and its contained indoor process reduces the need for genetically modified pesticides. Consequently, industry retailers experienced a spike in demand due to small farms and individuals seeking to set up hydroponic greenhouses to grow organic foods. In addition to strong demand for fresh produce, a recent boom resulting from the growing prevalence of medical marijuana and marijuana legalization has fueled rising interest in hydroponic growing methods. Over the five years to 2023, the popularity of quality organic produce will likely rise, fostering demand for industry products. As the medical marijuana industry continues to grow and eligible patients opt for alternative treatments, more medical marijuana will need to be produced to keep up with demand, which is expected to boost demand for industry products over the next five years.

The Hydroponic Growing Equipment Stores industry is primarily engaged in selling hydroponic horticulture equipment. Hydroponics is a method of growing plants using mineral nutrient solutions in water without the use of soil.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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