Report Code: A11998 | Pages: NA | Jul 2023 | 1949 Views | ||
Author(s) : Onkar S | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Plows Market
Request Now !A plow is a tool used in farming for loosening the soil before sowing seed or planting. It is drawn by tractors and can be made of wood, iron, or steel frame, with a blade attached to the frame to loosen and cut the upper layer of soil. Plows are used to turn over the uppermost soil. Different types of plows available in the market include wooden or Indigenous plow, iron or inversion plow, disc plow, ridge plow, switch plow, and Mouldboard Plough. Subsoil plow, Chisel plow, and Rotary plow are the special types available in the market.
COVID-19 Impact Analysis
Top Impacting Factors
According to the United Nations Organization, the worldwide population is expected to reach 9.7 billion by 2050. The rise in population is expected to lead to a surge in the consumption of food and this is expected to boost the growth of the agricultural sector and use of plows, and hence increase the demand for plows.
Since the start of the pandemic, many steel companies increased prices one to three-times. This fluctuation in price affects the selling price of plows which consequently limits the growth of the plow market.
Market trends
Key Benefits of the Report
Plows Market Report Highlights
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Key Market Players | Bomet Sp. z o.o. Sp.K, Agrimir, Kongskilde Agricultur, DEMBLON, Aratri EMMEGIEMME, Baldan Machinery, AGRO-MASZ, KUHN, Amazonen-Werke, BEDNAR FMT |
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