Global Agro Textile Market – Industry Trends and Forecast to 2029

Agro Textile Market Analysis and Size

The global agro textile market is expected to grow at healthy rate during the forecast period. The increasing need to increase agro productivity to fulfill the increasing population's daily demand is expected to boost the market growth rate. The agro textile aids in improving the quality of crop and helps in growing the overall productivity, is projected to drive the industry growth during the forecast period. 

Data Bridge Market Research analyses that the agro textile market was valued at USD 4.62 billion in 2021 and is expected to reach USD 6.70 billion by 2029, registering a CAGR of 4.75% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Agro Textile Market Scope and Segmentation

Market Definition

Agro textiles are those textile products which is made up of agriculture product for the use of agriculture application. In agriculture, man-made fibres are preferable to natural fiber due to their high strength durability and other suitable properties for the agriculture application.

Global Agro Textile Market Dynamics

Drivers

• Rising demand for woven agro textiles

The woven agro textiles are manufactured on weaving machines. Woven fabrics are resistant to r weathering or shrinkage due to water, making them perfect for applications where the textile is expected to be in contact with humidity and moisture. The rising demand of woven agro textiles is expected to propel the growth of the agro textile market.

• Rising demand for eco-friendly  and organic product

The increasing focus on healthy living has led to a rise in the demand for natural and organic produce in all types of consumer products. The consumer mainly focus on the environmental impact of synthetic fibers and sustainability of manufacturing processes which has augmented the use of the natural fibers in agro textiles. Increasing need of efficient as well as eco-friendly product along with strict environmental regulations for the promotion of sustainable solutions are some factors which is expected to drive the growth of the agro textile market during forecast period.

Moreover, several innovations with the use of advanced materials have created methods for crop protection and shading such as capillary nonwovens, floating covers which will help in the growth of the market. Also, growing standards of global farming in the manufacturing of safe food will act as a major driving factor for the market's growth.

Opportunities

• Advancements in technology

As the area increases under protected cultivation the focus is shifted towards R&D activities to produce variety of textiles by adding different properties, such as fluorescent, UV ray protection, NIR blocking and ultra-thermic. UV-blocking films protect plants from pests and diseases. These films decreasing the growth of diseases and pests and block transmission of UV rays in the interior of the greenhouse, NIR blocking films stimulate plant growth and block radiation. Therefore, advancements in technologies, such as drip farming, soil fumigation and providing ventilation to crops, are anticipated to bring potential opportunities for the growth of the agro textile market.

Restraints/ Challenges

• High cost associated with raw material of agro textile

High raw material costs and high initial cost for the set-up of infrastructure will be expected to impede the agro textile market's growth during the forecast period.

Moreover, less awareness regarding the benefits, of agro textile will act as a market restrain, and further challenge the growth of the agro textile market in the forecast period of 2022-2029.

This agro textile market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agro textile market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Agro Textile Market

COVID-19 has made a substantial economic impact on several financial as well as industrial industries such as manufacturing, travel and tourism and aviation. According to IMF and World Bank, the worst economic decline is projected during 2020-2021. With the growing number of countries imposing and extending lockdowns, economic activities are declining, impacting the global economy. However, one of the major reasons which is driving the growth of the agro textile makret is the tremendous growth in the agricultural business, as well as augmented global business of agricultural products. Thus, COVID-19 left a major impact on the growth of the agro textile market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

In July 2020, Beaulieu Technical Textiles launched Agrolys WH 100 FR, the first halogen-free, flame-retardant reflective woven groundcover. As a result, it is completely safe to interact with humans. The groundcover is completely recyclable after usage.

Global Agro Textile Market Scope

The agro textile market is segmented on the basis of product, material, type, end user and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Shade-Nets
• Mulch-Mats
• Anti-Hail Nets
• Bird Protection Nets
• Fishing Nets
• Others

Material

• Synthetic
• Natural

Type

• Woven
• Knitted

End User 

• Fishing Nets
• Shade Nets
• Application
• Agriculture
• Horticulture and Floriculture
• Aquaculture and Others

Agro Textile Market Regional Analysis/Insights

The agro textile market is analysed and market size insights and trends are provided by country, product, material, type, end user and application as referenced above.

The countries covered in the agro textile market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the agro textile market in terms of market share. This is due to growing demand for agro products, which is recognized to the changing consumer preferences and increasing population in this region.

North America is expected to be the fastest developing region during the forecast period of 2022-2029 due to growing affinity toward organic products and increasing research & development into more sustainable agricultural practices are in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Agro Textile Market Share Analysis

The agro textile market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agro textile market.

Some of the major players operating in the agro textile market are:

• B&V Agro Irrigation Co (India)
• Beaulieu Technical Textiles (Belgium)
• Meyabond Industry & Trading (Beijing) Co., Ltd (China)
• Rishi TechTex Limited (India)
• Belton Industries (U.S.)
• Diatex (France)
• Neo Corp International Limited (India)
• CTM Technical Textiles Ltd. (India)
• FIBRETEX INDIA PRIVATE LIMITED (India)
• Centennial Fabric Ltd (India)
• Fortune Agro Net (India)
• Parry Enterprises India Limited (PEIL) (India)
• SRF Limited (India)

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