According to the latest report by IMARC Group, titled “Agro Textiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global agro textiles market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.2 Billion by 2027, exhibiting a growth rate (CAGR) of 5.23% during 2022-2027.
Agro textiles, or agriculture textiles, are woven, knitted, and nonwoven fabrics that are mainly used in agricultural and horticultural farming and animal husbandry. They help in livestock protection, growing season extension, and weed and insect control. Agro textile exhibits robust properties, strength, biodegradability, stiffness, porosity, and resistance to toxic environments and sunlight. They are widely used in greenhouses, shade houses, and open fields across the globe to prevent crop damage from harsh environmental conditions, such as rain, wind, temperature, and humidity. The commonly available agro textiles include harvesting nets, bird net windshields, sunscreens, mulch mats, and hail protection nets.
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Agro Textiles Market Trends:
The rapid expansion of the agriculture sector and the increasing challenges faced by farmers, such as crop yield and pest control, have significantly surged the global demand for agro textiles. Moreover, the rising environmental awareness has compelled key market players to manufacture natural fiber-based agro textiles that reduce the need for fertilizers, offer protection against solar radiation, and prevent desiccation and product damage. This, in turn, is acting as a major growth-inducing factor. Besides this, the rapid adoption of hi-tech farming techniques and increasing emphasis on developing high-performance materials using modern technologies are providing a thrust to the market growth.
Agro Textiles Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global agro textiles market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- B&V Agro Irrigation Co.
- Beaulieu Technical Textiles
- Belton Industries, Inc.
- Capatex Ltd.
- Diatex
- Hy-Tex (U.K.) Ltd.
- Meyabond Industry & Trading (Beijing) Co. Ltd.
- Neo Corp International Limited
- SRF Limited
- Zhongshan Hongjun Nonwovens Co. Ltd.
Key Market Segmentation:
The report has segmented the global agro textiles market on the basis of product, application and region.
Breakup by Product:
- Shade-nets
- Mulch-mats
- Anti-hail Nets and Bird Protection Nets
- Fishing Nets
- Others
Breakup by Application:
- Agriculture
- Horticulture and Floriculture
- Aquaculture
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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The global Agro Textiles Market size is projected to reach USD 13,458.7 million by 2027, exhibiting a CAGR of 5.2% during the forecast period.
Rising concerns surrounding food security across the globe will be a key growth propeller for this market, states Fortune Business Insights™ in its report, titled “Agro Textiles Market Size, Share & Industry Analysis, By Product (Shade Nets, Mulch Nets, Fishing Nets, Anti-Hail & Bird Protection, and Others), By Application (Agriculture, Aquaculture, Horticulture & Floriculture, and Others), and Regional Forecast, 2020-2027”.
In such a situation, the need for improved agricultural productivity is dire and technologies such as agro textiles will play an instrumental role in meeting the challenge of food security in the coming decades, thereby boosting the growth of this market.The report states that the market value was at USD 9,612.8 million in 2019 and is expected to surge as a result of the COVID-19 outbreak, owing to which the CAGR for 2020-2027 is low.
The other highlights of the report include:Careful examination of all market segments;In-depth study of the trends and other factors influencing the growth of the market;Comprehensive research into the regional developments and competitive milieu of the market; andExhaustive analysis of the overall industry outlook and market prospects.Market DriverSpeedy Expansion of Urban Areas to Stimulate Market GrowthThe Department of Economic and Social Affairs of the UN estimates that urban population around the world will sharply rise from the current 55% to 70% by 2050, amounting to an addition of 2.5 billion people in these areas.
Urban spaces are characterized by hectic lifestyles, sedentary habits, pollution, and overconsumption of unhealthy foods.
Agro textiles such as capillary mats and mulch nets are witnessing steadily climbing demand as farmers struggle to increase their agriculture yield to meet the high food demand in urban sprawls.
The global agro textiles industry is expected to reach USD 12.77 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for food with growing population has put a lot of pressure on agricultural productivity.
Limited availability of land coupled with various natural disasters further reduces the total yield.
Agrotech aid in improving crop quality and help in increasing overall agricultural productivity.
Need to increase crop productivity to fulfill daily demand of growing population has led to the industry growth.Associations such as Sustainable Agriculture Network (SAN), AGRA (predominant in Africa), and GLOBAL G.A.P.
Academy provide expertise to farmers worldwide to set standards and achieve new heights in the field of food development.
Prevalence of schemes and certifications given by authorities such as Integrated Farm Assurance (IFA), The International Gold Standard in Farm Certification, and GFSI schemes in agriculture have improved standardization in products and production methods.The demand for shade nets are mostly dependent on its usage in horticulture and floriculture.
