The global Agro Textiles Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agro textiles market include Beaulieu Technical Textiles, Belton Industries, Inc., Meyabond Industry & Trading (Beijing) Co. Ltd., Capatex Ltd., Neo Corp International Ltd., Diatex, Hy-Tex (U.K.) Ltd., Zhongshan Hongjun Nonwovens Co. Ltd., SRF Ltd., Tama Plastic Industry, Hebei Aining Import and Export Co. Ltd., B&V Agro Irrigation Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Agrrotextiles are the technical fabrics for agriculture, horticulture, gardening, and building. They provide excellent protection from the sun's rays during peak hours of exposure. They reduce the impacts of wind-induced evapo-transpiration, which inhibits dessication while preventing the accumulation of water on the earth's surface by absorbing extra water when it is flooded. Furthermore, they hinder the growth of creeping weeds by limiting the quantity of sunlight that reaches the earth's surface, lowering the need for fertilizers, weedkillers, and water.Market DynamicsVarious innovations in the industry have been developed using highly modified materials for multiple uses, such as crop protection using agro textile. Increased population is also a market driver, as the required demand necessitates higher production and higher-quality food, and in this time of scarcity, practical resource usage is critical. In order to preserve the demand and supply balance, the government is also persuading and attracting farmers to enhance agricultural production and improve irrigation.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of agro textiles. The growth and trends of Agro Textiles Industry provide a holistic approach to this study.
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Market Segmentation
This section of the agro textiles market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
· Shade-Nets
· Mulch-Mats
· Anti-Hail Nets And Bird Protection Nets
· Fishing Nets
· Others
By Application
· Agriculture
· Horticulture & Floriculture
· Aquaculture
· Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Agro Textiles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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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.
