Drip Tape Market 2019-2023

Some of the key findings from our drip tape market forecast report are summarized below

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Global drip tape industry overview

The popularity of drip tapes with closely spaced emitters is growing because of its enhanced salt management. These drip tapes are especially beneficial for salt-sensitive crops as they dilute the soil salinity and aid in seed germination. These drip tapes also help in achieving continuous soil wetting pattern on different soil types and reduce the chances of weed formation. Drip tapes with closely spaced emitters have emerged as a replacement for secondary sprinkler systems because of their ability to provide a desired soil wetting rate. Because of their benefits, the popularity of drip tapes with closely spaced emitters will further increase in the coming years, which will positively impact the growth of the global drip tapes market.

Farmers are increasingly adopting greenhouse farming practices to boost their food production capacity. Apart from offering a better food output, greenhouse agriculture also protects crops from adverse climatic conditions thereby improving their crop production capacity. With government agencies providing grants for agricultural businesses, the popularity of greenhouses is expected to increase, which in turn, will drive the demand for drip tapes and drip irrigation systems as drip irrigation systems are widely adopted in greenhouses. The growing popularity of greenhouse farming practices will be a major factor driving drip tape market growth at a CAGR of over 14% during the forecast period.

Top companies covered in the drip tape market research report

The global drip tape market is moderately concentrated. To help clients improve their market position, the report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, the drip tape market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• Irritec S.p.A
• Jain Irrigation Systems Ltd
• NETAFIM
• Rivulis
• The Toro Company

Drip tape market segmentation based on product

• Labyrinth drip tape
• Inner inlay drip tape

The labyrinth drip tape market segment will account for the highest drip tape market share in the coming years. The popularity of these tapes because of their clogging resistance which helps in avoiding additional maintenance costs will drive market growth in the segment. The design of the continuous labyrinth allows the prolonged use of drip tape during irrigation. The report provides an accurate prediction of the contribution of all the segments to the growth of the drip tape market size.

Drip tape market segmentation based on geographic region

• APAC
• Europe
• MEA
• North America
• South America

With a complete study of the growth opportunities for companies, it has been identified that the APAC region will account for the highest share of the drip tape market throughout the forecast period. The initiatives and subsidies provided by governments of countries in APAC for installing drip irrigation systems in agricultural fields will drive drip tape market growth in the region.

Key highlights of the global drip tape market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the drip tape market during the next five years
• Precise estimation of the global drip tape market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the drip tape industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of drip tape companies 

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