Planters Market Size Worth $ 5.90 Billion By 2032 | CAGR: 4.80%

The global planters market size is expected to reach USD 5.90 billion by 2032, according to a new study by Polaris Market Research. The report “Planters Market Share, Size, Trends, Industry Analysis Report, By Product Type (Broadcast, Drill, Precision, Dibble, and Specialized); By Mechanism; By End Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The exponentially rising consumer interest in home gardening due to several factors including desire for fresh food product production, a connection to the nature, and sense of the accomplishment and focus of companies on developing innovations like self-watering systems, modular designs, and customizable options, are driving demand and growth of the market. With the growing sustainability among consumers worldwide and rising prevalence for eco-friendliness, the planters made from recycled, biodegradable, or renewable materials are in high demand, thereby several leading companies in the market started focusing on eco-friendly manufacturing processes and materials to capitalize on this trend and boost their revenue possibilities.

For instance, in June 2023, John Deere, unveiled its newly developed 1725C CCS and non-CCS planters, that features advanced technologies, enhanced compatibility, and complete suite to maximize the crop yield and emergence. The new planters provide farmers with improved precise agronomic capabilities and increased farming productivity.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/planters-market/request-for-sample

Furthermore, there has been significant or continuous reduction in the acreage of land available for the cultivation all around the world resulting in higher adoption of vertical garden solutions and innovated planters along with the emerging popularity of indoor and urban gardening in high-income countries, are also among the factors creating huge demand for planters that specifically designed for this kind of environments.  For example, as per a report published by Nils-Gerrit Wunsch, the use of agricultural land worldwide has steadily declined to approx. 4.74 billion ha. in 2020, as compared to 4.88 billion ha. In the year of 2001.

In addition, there has been an emerging trend for the integration of Internet of Things and various other advanced technologies, which significantly boosts plant care, monitor growth conditions as well as provide users with comparatively more control over their gardening experience, while reducing the possibility of possible malfunctions and operating costs that the traditional planters.

Planters Market Report Highlights

• Drill segment accounted for the largest share, due to growing technological advancements and introduction to new advanced drill planters globally
• Mechanically driven segment held the largest share, owing to its numerous beneficial characteristics including precision and higher efficiency
• Oilseeds & pulses segment will grow at highest rate, mainly driven by increasing demand for food products to meet requirements of continuously rising population
• North America region dominated the market, on account of increasing number of people engaging in gardening and plant cultivation activities
• The key market players include Amop Synergies, The HC Companies, Dawn Equipment Company, Van Horlick Forestry, and Kinze Manufacturing

Polaris Market Research has segmented the planters market report based on product type, mechanism, end use, and region:

Planters, Product Type Outlook (Revenue - USD Billion, 2023 - 2032)

• Broadcast
• Drill
• Precision
• Dibble
• Specialized

Planters, Mechanism Outlook (Revenue - USD Billion, 2023 - 2032)

• Mechanically Driven
• Hydraulic
• Electrical Driven

Planters, End Use Outlook (Revenue - USD Billion, 2023 - 2032)

• Grains
• Oilseeds & Pulses
• Commercial Crops
• Tress
• Others

Planters, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Planters Market Report Scope