Agricultural Textiles Market

Agricultural Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Agricultural Textiles Market: Snapshot

The global agricultural textiles market is expected to show a significant growth trajectory during the forecast period of 2021-2031 owing to the escalating demand in the agriculture sector for higher yield and superior crop quality. The technological advancements in the agricultural textile market are expected to drive the market over the forecast period. Agricultural textiles are also used in various sectors, such as aquaculture and horticulture. These aspects are likely to have a positive impact on market growth. The initiatives by government bodies of various countries to promote technologically advanced products to enhance the agricultural sector may propel the growth of the agricultural textiles market.

The agricultural textiles market can be segmented into fishing nets, mulch mats, shade nuts, bird protection nets, anti-hail nets, and others based on the products. On the basis of application, the market can be divided into aquaculture, agriculture, floriculture, horticulture, and others. Based on material the market can be bifurcated into polyethylene, polypropylene, natural fibers, nylon, and biodegradable synthetic fibers. By technology, the market can be divided into knitted, nonwoven, woven, and others. The fishing nets segment may experience substantial growth due to the high demand for these nets due to the expanding demand for fish and other seafood across the globe. Furthermore, the prominent use of fish and its by-products in several industries, such as skin care and medical products, is anticipated to create favorable growth opportunities for the agricultural textile market. The shade-nets segment is expected to register significant growth due to the extensive use of these nets for fencing purposes

The team at TMR has prepared this report based on the in-depth analysis of the agricultural textiles market based on various parameters such as competitive landscape, current trends, developments, and regional dimensions. The report throws light on all important aspects related to the growth of the agricultural textiles market.

Agricultural Textiles Market: Trends and Opportunities

Agricultural textiles are beneficial in increasing the productivity of the crop as per the demand. Rapid urbanization has escalated the disposable income of the individuals which has resulted in increased spending on food items. However, the market faced a lot of complexities during the advent of the COVID-19 pandemic, and fluctuation in the prices of raw materials, such as nylon, wool, and polyester. The global market faced a lot of downturns during the pandemic due to the disruptions in the supply chain due to the lockdowns and restrictions. Nevertheless, the situation is getting normal due to the relaxations provided and the businesses are bouncing back.

An increase in building and construction activities plays a pivotal role in increasing the demand for shade nets. These shade nets are prominently used for safety and protection. Technological advancements favor the growth of the products and create immense opportunities for the key players. Rising awareness about crop protection after the yield is obtained is likely to boost market growth.

Agricultural Textiles Market: Competitive Scenario

The key players operating in the agricultural textiles market indulge in rigorous research and development activities to innovate new products as per the consumer demand. Strategic collaborations and planning play a crucial role in the development of the agricultural textile market.

Some of the key players operating in the market are Capatex ltd., Diatex, Tama Plastic Industry, B&V Agro Irrigation Co., SRF Ltd., Diatex, Neo Corp International Ltd, and Belto Industries Inc.

Agricultural Textiles Market: Regional Insights

Asia Pacific is expected to generate the highest revenue share in the global market owing to the increasing population in this region. North America may follow Asia Pacific in the growth trajectory owing to the rising demand for agricultural products in this region. Additionally, aquaculture is also expected to augment in this region significantly.

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