Global Drip Irrigation Market Trends and Growth Predictions
According to a recent research report by MarketsandMarkets, the drip irrigation market size is poised to reach USD 8.3 billion by 2027, reflecting a substantial CAGR of 9.8% from an estimated value of USD 5.2 billion in 2022. Drip irrigation is gaining popularity among growers due to its efficiency in delivering water precisely to plant roots, minimizing waste caused by wind, runoff, overspray, and evaporation. Drip systems are reported to use 20%-50% less water compared to traditional sprinkler systems. Furthermore,...
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