Agro Textile Market to be Dominated by Agriculture Industry through 2028
Growing demand for Organic Products like fruits
and vegetables is expected to drive Global Agro Textile market in the forecast
period 2024-2028.
According to TechSci Research report, “Agro Textile Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, the Global Agro Textile market is
anticipated to upsurge at an impressive rate in the forecast period 2024-2028. A significant factor fueling the growth of the Global Agro
Textile Market is the increasing use of agro textiles in the agriculture and
aquaculture sector.
Agro textiles transfer light in a regulated way, aid in controlling
soil humidity and temperature, deter insect infestation, and shield crops from
hailstorms, cold, and rain. This lowers the farmer's loss of agricultural
output. Moreover, aquatic plants such as seaweed are an important part of
aquaculture, along with the growing demand for seafood and fish as they
provide nutrition and vitamins which are used in nutraceuticals,
pharmaceuticals, and cosmetics. This is leading to the demand for fishing nets.
Along with this, shade nets are chosen based on the crops grown under them,
depending on how much light the crop can withstand. This helps in increasing
the yield in summer and reduce damage due to excessive heat, and is used in
various applications, such as floriculture, nursery, and vermicompost production.
In addition to this, mulch mats made of natural fibers are highly preferred by
farmers as their biodegradability helps in the restoration of soil nutrients at
the end of the life cycle of these mats. Moreover, anti-hail nets are used in
areas prone to hail falls, such as high altitude and cold areas. They are
generally used in tall fruit trees that grow in hail-prone areas, where each
tree requires an individual net for protection. These nets made of HDPE yarn are
either in woven or knitted forms, which are UV stabilized to withstand the
effect of falling hail, which further fuels the growth of Global Agro
Textile market.
For instance, in 2019, according to the Food
and Agricultural Organization of the United Nations, global aquatic food
consumption was estimated at 158 million tonnes.
Furthermore, the market is being further
stimulated by the extensive use of agro textile in horticulture, floriculture,
and forestry.
However, variations in
raw material costs can slow down market growth. Also, high costs for research
& development can further slowdown the market growth.
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Global Agro Textile Market is segmented
based on type, material, end use, application, and region.
Based
on type, the
market is segmented into woven, knitted, and others. Knitted will
experience the highest market share during the forecast period 2024-2028, due to
its lightweight and highly resistant properties to solar and ultraviolet
radiation.
Based
on material, the
market is fabricated into synthetic and natural. Synthetics will
experience the highest market share during the forecast period, 2024-2028. Synthetic
fiber has high durability and very strong characteristics such as being resilient,
and resistant to most environmental problems, such as moisture and fungi.
Based
on end use, the
market is divided into shade nets, fishing nets, bird protection, mulch mats, and
others. Bird Protection will experience the highest market share during
the forecast period, 2024-2028. This helps in protecting the crop against breakage,
uprooting, and other damage caused by birds.
Based
on application, the
market is categorized into agriculture, aquaculture, horticulture, and others. The aquaculture
segment will experience the highest market share during the forecast period
2024-2028, due to the increasing demand for industrial fishing and seafood
across the globe.
Major companies operating in the Global Agro
Textile Market are:
- TenCate Industrial Fabrics
- Garware Technical Fibres Ltd.
- Beaulieu Technical Textiles SA
- Belton Industries, Inc.
- Meyabond Industry & Trading
(Beijing) Co., Ltd.
- Diatex SAS
- Mogul Co., Ltd.
- Karatzis SA
- Hy-Tex (UK) Ltd
- Aduno s.r.l
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“Asia Pacific region is
expected to grow at the highest rate during the forecast period as country like India is recognized as an
agricultural nation, where the demand of agriculture-based products is very
high. This led to the growing demand for protective covering to boost crop
productivity and shield crops from pests, birds, and unfavorable weather
conditions, creating lucrative opportunities for market growth. Furthermore,
in North America, growing interest in R&D for technology advancements connected
to sustainable agriculture practices and rising demand for organic products as
well as increasing domestic consumption and aquaculture farming for shell
meats, fish oils etc. increase the potential for market growth during
the forecast period,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Agro Textile Market- Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028F”, Segmented By Type (Woven, Knitted, Others), By
Material (Synthetic, Natural), By End Use (Shade nets, Fishing nets, Bird
protection, Mulch mats, Others), By Application (Agriculture, Aquaculture,
Horticulture, Others), By Region and Competition,
has evaluated the future growth potential of Global Agro Textile Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Agro Textile Market.”
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