The market for agro textiles is projected to grow at a CAGR of around 5.9% from 2020 to 2027 and expected to reach the market value of around US$ 13,699.5 Mn by 2027.
Agro textiles are defined as textiles prepared by knitted, woven, or nonwoven techniques especially for use in controlling and preserving the environment and resources for various applications including agriculture, forestry, horticulture, or landscape gardening. Agro textiles transmit light in a controlled manner and help in maintaining the soil humidity and temperature as well as prevent infestation by pests, protect crops against hail storms, cold, and untimely, thereby reducing the loss of agriculture produces for the farmer. Some of the major advances are knitted net hose for water transportation, water retention nets coated with super absorbent polymer resins and composites of hemp or polypropylene for reducing soil pollutants, and super absorbent polymer fiber mats for water management in horticulture application among others.
The increasing need for the protection of agricultural crops due to increasing temperature, uncertain climate activities and growing pollution level globally is supporting the market growth. The increasing adoption of advanced agricultural activities among farmers is additionally supporting the market growth. Ongoing focus on advances in textile material is additionally propelling the market value. Some of the major advantages associated with the use of these fabrics include better crop quality & increased overall productivity is additionally bolstering the demand in the market. Furthermore, the technological advancement and penetration in untapped and underdeveloped economies are likely to create potential opportunities over the forecast period.
On the other side, unawareness among some economies about the potential benefits of agro textiles is likely to limit the growth over the forecast period from 2020 to 2027.
Segment Instance of Global Agro Textiles Market
Fishing Nets is having a potential share in the Agro Textiles Market
The continuous advancement in fishing owing to the increasing demand worldwide is accounting for the dominating share of the segment in the global market. The introduction of modern fishing net fibers that can be installed with the help of machine instead of putting manual efforts is additionally supporting the segmental market value.
Aquaculture accounted for the maximum revenue share in the Global Agro Textiles Market
In 2019, aquaculture is leading the agro textile market owing to its major contribution in volumes for fishing nets, which is of the major product with revenue share in the global market. The increasing demand for industrial fishing, seafood across the globe is primarily supporting market dominance. The rising health freaks population that eat fishes due to their nutritional values is additionally supporting the segmental market value. The increasing demand for products such as cod liver oil & shark liver oil, in developing countries is further bolstering the market value.
Asia Pacific is leading the market with maximum revenue share (%) in 2019
Asia Pacific is having a potential share in the agro textiles market and also estimated to continue with its dominance throughout the forecast period from 2020 to 2027. The growing population in the region is supporting the increased demand for agriculture production which inclines the usage of advanced agriculture activities. The increasing construction activities are decreasing the land area for agriculture that supports the usage of textile for increased production and quality in lesser space. Moreover, China accounted for the maximum revenue share in Asia Pacific market.
Key Players Profiled
The players profiled in the report include B&V Agro Irrigation Co., Beaulieu Technical Textiles, Belton Industries, Inc., Capatex Ltd., Diatex SAS, Hebei Aining Import and Export Co. Ltd., Hy-Tex (U.K.) Ltd., Meyabond Industry & Trading (Beijing) Co. Ltd., Neo Corp International Limited (NCIL), SRF Ltd., Tama, and Zhongshan Hongjun Nonwovens Co. Ltd.
Market By Types
Weaving and Woven
Market By Product
Bird Protection Nets
Market By Fibers
Market By Application
Market By Geography
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Rest of Latin America
Middle East & Africa
• South Africa
• Rest of Middle East & Africa
The market for agro textiles is expected to reach a market value of around US$ 13,699.5 Mn by 2027.
The agro textiles market is expected to grow at a CAGR of around 5.9% from 2020 to 2027.
Fishing Nets is the leading segment by application in the agro textiles market
The increasing need for the protection of agriculture crops, increasing adoption of advanced agricultural activities among farmers, and ongoing focus on advances in textile material are some of the key drivers of the global agro textiles market.
B&V Agro Irrigation Co., Beaulieu Technical Textiles, Belton Industries, Inc., Capatex Ltd., Diatex SAS, Hebei Aining Import and Export Co. Ltd., Hy-Tex (U.K.) Ltd., Meyabond Industry & Trading (Beijing) Co. Ltd., Neo Corp International Limited (NCIL), SRF Ltd., Tama, and Zhongshan Hongjun Nonwovens Co. Ltd. are the prominent players profiled in the market.
Asia Pacific held the highest market share in the agro textiles market
Asia Pacific is also expected to be the fastest growing market over the forecast period