Global soil industry is projected to reach $ 9.4 billion by 2027 – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – The Manufactured Soil – Global Market Trajectory & Analytics report has been added ResearchAndMarkets.com to offer.

In the midst of the COVID-19 crisis, the global market for finished soil, which is estimated at 6.6 billion US dollars in 2020, will reach a revised size of 9.4 billion US dollars by 2027 and with a CAGR of 5.3% will grow in 2027.

Garden Soil, one of the segments analyzed in the report, is expected to post a CAGR of 5.4% and reach $ 3.9 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, growth in the Soil Mix segment will be adjusted to a revised CAGR of 5.6% for the next 7-year period.

The US market is valued at $ 1.9 billion, while China is forecast to grow by 4.9% CAGR

The ready-made soil market in the United States is estimated at $ 1.9 billion in 2020. China, the second largest economy in the world, is expected to reach a market size of $ 1.7 billion by 2027, which equates to a CAGR of 4.9%. over the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, which will grow 5% and 4.2% respectively over the 2020-2027 period. A growth of approx. 4.4% CAGR is forecast for Germany within Europe.

Slurry and compost segment has 5% CAGR

In the global manure and compost segment, the US, Canada, Japan, China and Europe will drive the estimated annual growth rate of 5% for this segment. These regional markets, with a combined market size of $ 1 billion in 2020, are projected to reach a projected size of $ 1.4 billion by the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India and South Korea, the Asia-Pacific market is projected to reach $ 1.1 billion by 2027.

Selected competitors (43 recommended in total):

  • BD White Top Soil Company Inc.

  • Boughton Loam & Turf Management Limited

  • Jiffy International AS

  • London Rock Supplies Limited

  • Resource Management, Inc.

  • The Scotts Miracle-Gro Company

  • Tim O’hare Associates Llp

Key topics covered:

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

  • Insights into the influencer market

  • World market trajectories

  • Effects of Covid-19 and an impending global recession

  • Product overview

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

  • The importance of the right soil structure for achieving high crop yields drives the focus on improved soil mixtures

  • Manufactured soil aids to minimize waste in the restoration of post-industrial sites

  • Increasing investments in the construction of urban landscapes increase the demand for industrially produced soil

  • Modified oil’s cost advantages support its growing demand in landscaping

  • The use of soil mixes in lawns and gardens is increasing as more people practice gardening as a hobby

  • Increasing demand for in-situ soil mixes

  • Growing emphasis on green spaces in urban facilities to increase demand for soil mixes

4. PERSPECTIVE OF THE GLOBAL MARKET

III. MARKET ANALYSIS

NS. COMPETITION

Please visit https://www.researchandmarkets.com/r/h44bfu for more information on this report

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