China’s Farm Equipment Rental Market Flourishes with Growing Agriculture Industry
The global farm equipment rental market was valued at US$ 58.2 billion in 2023. It is anticipated to grow at a notable compound annual growth rate (CAGR) of 6.2% from 2023 to 2033, reaching an estimated value of US$ 106.2 billion by 2033. The farm equipment rental market is gaining substantial traction as a viable alternative to ownership for farmers worldwide. With the rising cost of...
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