Global Drip Tape Market to post a CAGR of over 14% During 2019-2023| Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Research?src=hash” target=”_blank”gt;#Researchlt;/agt;–The research report on the global drip tape by Technavio
predicts the market to post a CAGR of over 14% during the period
2019-2023.


The growing demand for food products has led farmers to adopt practices
such as greenhouse farming which offer better output. Apart from this,
greenhouse farming also protects the crops from harmful effects of
adverse weather conditions. To further boost the adoption of greenhouse
farming, several government agencies are providing grants to farmers.
This growing popularity of greenhouse farming is bound to increase the
demand for drip irrigation systems and drip tapes during the forecast
period.

As per Technavio, the increasing adoption of single-use drip tapes among
farmers will have a positive impact on the market and contribute to its
growth significantly over the forecast period. This global
drip tape 2019-2023
research report also analyzes other
important trends and market drivers that will affect market growth over
2019-2023.

Global drip tape market: Growing popularity of
drip tapes with closely spaced emitters

The spacing between emitters needs to be accurate for maintaining the
suitable flow rate for different soil and crop types. Drip tapes with
closely spaced emitters are particularly useful for salt-sensitive crops
where the salinity of the soil needs to be diluted. These types of drip
tapes provide continuous soil wetting which can be configured as per
requirement without raising the pressure.

“Drip tapes with closely spaced emitters eliminate the need for
secondary sprinkler systems as they provide the desired rate of soil
wetting required for seed germination. Moreover, such drip tapes
distribute water to the planting bed thereby reducing the chances of
weed formation. These advantages of drip tapes with closely spaced
emitters will boost their popularity among farmers and drive the demand
for drip tapes,”
says a senior research analyst at Technavio.

Global drip tape market: Segmentation analysis

This research report on the drip tape market segments the market by
product (labyrinth drip tape and inner inlay drip tape), end-user
(outdoor farming, indoor farming, and others), and geography (APAC,
Europe, MEA, North America, and South America).

The labyrinth drip tapes segment dominated the global drip tapes market.
These drip tapes are highly resistant to clogging which allows for the
extended use of drip tapes in the agricultural field. The maintenance
cost associated with labyrinth drip tapes is also low which helps in its
increased adoption among end-users.

APAC accounted for the highest share of the market in 2018 due to the
subsidies provided by the governments for installing drip irrigation
systems in agricultural fields. Various government initiatives to boost
the sales of new units of drip tapes in APAC are contributing to the
growth of the market in this region.

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Market Landscape

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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