Backpack Sprayer Market REPORT OVERVIEW
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The global backpack sprayer market size was USD 1310.55 Million in 2021 and market is projected to touch USD 2309.35 Million by 2031, at a CAGR of 5.83% from 2021 to 2031.
The backpack sprayer is the equipment used in gardens and fields. These sprayers are widely used for manufacturing, water projections, and ingredients for the production line of pesticides, chemical fertilizers, and materials for the production of crops. These sprayers are easy to use and have small components which are easy to handle. Using this equipment saves labor costs. The initial cost of the products is higher than other manual sprayers, which is estimated to be hindering the market growth.
Farming equipment has become an essential part of the advanced agriculture industry. Sprayers have become popular in the agriculture industry. Various technological advancements have allowed farmers to use pesticides and chemicals efficiently. Thus, the market is forecasted to grow in the foreseeable future. Moreover, the rising population coupled with the rising demand for crops is anticipated to surge growth in the market.
COVID-19 Impact: Shut Down of Industries Halted Market Growth
The pandemic outbreak showed a downfall in all industries, including F&B, agriculture, and chemicals. The viral spread of the virus restricted various activities worldwide. Agricultural activities were also kept on hold due to the accelerating spread of the virus. The production of crops was affected due to the implementation of safety protocols. The shutdown of industries halted market growth. The agricultural sector was affected due to a hold on activities, but with the announcement of vaccines, the farmers resumed their work. The restart of agriculture boosted the demand for agricultural products and equipment.
LATEST TRENDS
"Escalating Agriculture Activities to Prosper Market Growth"
Growing awareness among farmers, a move toward using contemporary agricultural techniques, and an increase in crop production in the backpack sprayers market have all contributed to an increase in demand for agricultural sprayers. During the forecast period, all of these factors are anticipated to drive the expansion of the agricultural sprayers market. The deployment of UAVs is projected to bring about several advantages and advances that will open up prospects for manufacturers in the agricultural sprayers market. Modern agricultural sprayers are now engineered differently due to the penetration of innovative technology into the agricultural sector.
Backpack Sprayer Market Segmentation
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- By Type Analysis
By type, the market is segmented into manual and engine-powered.
- By Application Analysis
Based on application, the market is classified into urban pest control, greenhouses, horticulture, lawns & gardens, and others.
DRIVING FACTORS
"Advanced Technologies Adoption to Offer Lucrative Growth Opportunities"
The agriculture industry's increasing usage of advanced equipment is the major factor driving the market. Farmers have benefited greatly from new spraying technologies for agriculture, including better spray quality, lower costs, protection, and less damage to crops and the environment. The backpack sprayer market growth is increasing due to the rising demand for battery-powered backpack sprayers. Manufacturers put a lot of effort into enhancing farmers' abilities and knowledge to increase their productivity and help them prosper in the market. Precision farming techniques are increasingly being used, which has helped sprayer manufacturers increase the effectiveness and predictability of farming practices. The global backpack sprayers market is likely to expand due to farmers becoming more aware of tools like these.
"Shifting Farmers towards Advanced Farming to Cater to Market Growth"
Young farmers are favoring modern farming technology over old farming methods, which is boosting demand for solar agricultural sprayers and practical agricultural sprayer pumps. Due to the sharp increase in the production of grains and cereals, which is in line with the trend of food fortification to fulfill the global demand for nutrient-rich food, crop sprayer machine sales will continue to be significant. Leading companies in the backpack sprayers market are using sensor technology to provide cutting-edge spraying equipment with high-performance traits in terms of precise control and all-around visibility.
RESTRAINING FACTORS
"Lack of Knowledge about Product Application to Challenge Growth"
Most farmers are not aware of the use and dosage of fertilizers and chemicals when sprayed through a backpack sprayer. This is forecasted to create challenges for the growth of the market. Moreover, the farmers need the training to use sprayers effectively.
Backpack Sprayer Market REGIONAL INSIGHTS
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"Asia Pacific to Dominate the Market Due to the Expanding Agricultural Activities "
Asia Pacific is expected to hold the dominating part of the backpack sprayer market share owing to the accelerating agriculture activities in the region. India and China are among the leading agricultural countries, ultimately boosting the demand for agricultural products and equipment.
North America is likely to show significant growth due to the growing utilization of backpack sprayers. The presence of key market players coupled with the rising awareness regarding the effectiveness.
KEY INDUSTRY PLAYERS
"Key Players Focusing on Innovative Technology Development to Grow in Market"
Businesses are working on developing new technology to offer more easy ways to increase product portfolio. Companies also use innovative practices and techniques to create new technologies. Companies are focused on acquisitions and investments to increase sales. The marketplace is competitive as a result of the existence of numerous huge firms. An extensive worldwide consumer base and the execution of operations through specialized distribution networks are other characteristics. The key companies strive to gain a higher market share by launching new products.
List of Market Players Profiled
- Di Martino S.p.A. (Italy)
- STIHL (Germany)
- Husqvarna (Sweden)
- Berthoud (U.S.)
- Chapin International (U.S.)
- Zhejiang Ousen Machinery (China)
- Ryobi (Japan)
- Cifarelli (U.S.)
- Comet Spa (Italy)
- SOLO (U.S.)
- Birchmeier Sprühtechnik (Switzerland)
- Epoca (France)
- Grupo Sanz (Spain)
REPORT COVERAGE
The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for various factors to show potential investment areas. From 2021 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1310.55 Million in 2021 |
Market Size Value By |
US$ 2309.35 Million by 2031 |
Growth Rate |
CAGR of 5.83% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the backpack sprayer market expected to touch by 2031?
Based on our research, the backpack sprayer market is projected to touch USD 2309.35 million by 2031.
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What CAGR is the backpack sprayer market expected to exhibit by 2031?
The backpack sprayer market is expected to exhibit a CAGR of 5.83% by 2031.
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What are the segments of the backpack sprayer market?
By type, the backpack sprayer market is segmented into manual and engine-powered. Based on application, the market is classified into urban pest control, greenhouses, horticulture, lawns & gardens, and others.
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Which are the driving factors of the backpack sprayer market?
Advanced technologies adoption to offer lucrative growth opportunities and shifting farmers towards advanced farming to cater to the market growth are the factors driving the backpack sprayer market.
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Which are the top companies operating in the backpack sprayer market?
Di Martino S.p.A., STIHL, Husqvarna, Berthoud, Chapin International, Zhejiang Ousen Machinery, Ryobi, Cifarelli, Comet Spa, SOLO, Birchmeier Sprühtechnik, Epoca, and Grupo Sanz are the top companies operating in the backpack sprayer market.