Global Agricultural Grow Bags Market 2018-2022
About this market
Improvements in precision irrigation systems to drive growth in the market. Precision irrigation systems are used to minimize water usage by using pipes, pumps, and other equipment to irrigate plants efficiently. These systems are necessary for growing plants in agricultural grow bags, especially the lay flat grow bags used in greenhouses. Technavio’s analysts have predicted that the agricultural grow bags market will register a CAGR of close to 5% by 2022.
Increased adoption of fabric agricultural grow bags for high yield
Fabric agricultural grow bags have pores that allow aeration of roots, thus removing much of the heat from the roots to avoid pruning and girdling. Well-developed roots also help in achieving an increased yield. Another reason for the adoption of fabric agricultural grow bags is that they are generally cheaper than other containers such as pots.
Environmental pollution from plastic agricultural grow bags Agricultural grow bags have an average lifespan of two years in greenhouses. In open areas, the lifespan is even lesser. After the expiry of their lifespan, agricultural grow bags are disposed of and represent potential environmental hazards.
For the detailed list of factors that will drive and challenge the growth of the agricultural grow bags market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including FibreDust and Greenyard the competitive environment is quite intense. Factors such as the increased adoption of fabric agricultural grow bags for high yield and the improvements in precision irrigation system, will provide considerable growth opportunities to agricultural grow bags manufactures. Dutch Plantin, FibreDust, Greenyard, Laizhou Guoliang Packing Products, and WHS Australia are some of the major companies covered in this report.
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