Hydroponic Growing Equipment Stores - Industry Market Research Report

Hydroponic Growing Equipment Stores - Industry Market Research Report

  • June 2016
  • 30 pages
  • Ibisworld
Report ID: 1084781

Growing strong: The popularity of quality organic produce will rise, fostering industry demand



Abstract

Hydroponic Growing Equipment Stores

The Hydroponic Growing Equipment Stores industry has grown aggressively over the past five years. Increased consumer focus on healthy eating and the benefits of organic produce have benefited hydroponic food crop farmers that use the industry's equipment for small-scale, regional growing operations. In addition to strong demand for fresh produce, a recent boom resulting from the growing prevalence of medical marijuana and marijuana legalization has fueled rising interest in hydroponic growing methods. Industry revenue is forecast to continue rising over the five years to 2021, as a result of rising popularity of quality organic produce along with increases in the market for both medical and recreational marijuana, especially as deregulation efforts continue.



The Hydroponic Growing Equipment Stores industry is primarily engaged in selling hydroponic horticulture equipment. Hydroponics is a method of growing plants using mineral nutrient solutions in water without the use of soil.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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Country=UnitedStates Industry=Marijuana ParentIndustry=Leisure Date=201606 Topic=MarketReport Publisher=Ibisworld Price=1000