Agro Textiles Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Agro Textiles Market
The agro textiles market size was valued at USD 9,612.8 million in 2019, and the market is now projected to grow from USD 13,458.7 million by 2027, exhibiting a CAGR of 5.2% during the forecast period of 2020-2027.
The advent of COVID-19 has affected the agro textiles market growth by slightly lowering agricultural production. However, with its ties to biotechnology, the horticulture and floriculture segment is expected to influence the market positively. These segments drive demand for specialized agro textiles such as shade nets and crop covers. Recovery trends indicate gradual growth as agricultural activities normalize. Innovation in eco-friendly and durable textiles also supports market expansion.
Innovations in advanced materials, greenhouses and crop covers are boosting the agro textiles market share. Technologies such as microporous hydrating tubes ensure efficient irrigation, while polypropylene shade nets offer protection from weather and UV exposure. Advanced knitting techniques provide customizable shading, reducing harvest time and irrigation costs. These innovations enhance crop yield and efficiency, driving market growth. Adoption by farmers and producers further supports the industry's expansion.
In the same way, increasing crop productivity and protecting crops from the vagaries of nature by agro textiles is fueling market growth. Food requirements are increasing due to population growth and to fulfil these requirements agricultural textiles must be of high quality. These products contain rigid and enduring polymers, or flexible, retaining tensile strength, heat resistance and long-term usability. Urbanization and demand for organic products further fuel the adoption of sustainable agrotextiles. Despite high setup costs, their benefits in improving productivity and sustainability support market expansion.
Comprehensive Analysis of Agro Textiles Market
The agro textiles market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by product and by application. The product includes, Shade Nets, Mulch Nets, Fishing Nets, Anti-Hail & Bird Protection and Others. The application includes, Agriculture, Aquaculture, Horticulture & Floriculture and Others.
Asia Pacific market was USD 3,302.9 million in 2019. Asia Pacific is the largest market and has the potential to increase significantly in the coming years because of large-scale demand from the growing economies of China and India. Furthermore, China is the leading consumer because these textiles are widely used in its agricultural and fishery sectors. These applications include using nets for crop protection, mulches and storage bags to protect them from aquatic life.
The top players in the market play a crucial role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players include, SRF Limited (India), B&V Agro Irrigation Co. (India), Tama (Japan), Beaulieu Technical Textiles (Belgium), Meyabond Industry & Trading (Beijing) Co., Ltd. (China), Belton Industries (U.S.), Neo Corp International Limited (India), Hy-Tex (UK) Limited (U.K.), Diatex (France), Zhongshan Hongjun Nonwovens Co., Ltd. (China) and other key players. These market players provide a level-playing competitive landscape.
In January 2020, Diatex exhibited at IPM ESSEN 2020, one of the largest such fairs where horticulture is displayed in Germany. Organically synthesised, the company will showcase its plant protection system as well as other crop field products at IPM ESSEN 2020.
Segmentation Table
Global Agro Textiles Market Scope
Study Period2016-2027
Base Year2019
Forecast Period2020-2027
Growth RateCAGR of 5.2% from 2020 to 2027
Historical Period2016-2018
UnitValue (USD Million) and Volume (Kilo Tons)
SegmentationBy Product, Application, and Geography
By ProductShade Nets
Mulch Nets
Fishing Nets
Anti-Hail & Bird Protection
Others
By ApplicationAgriculture
Aquaculture
Horticulture & Floriculture
Others
By RegionNorth America (U.S., and Canada)
Europe (Germany, UK, Italy, Spain, and Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific)
Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
Middle East & Africa (Turkey, South Africa, UAE, and Rest of Middle East & Africa)
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