Agro Textiles Market: Overview
The agro-textiles market has evolved on the back of the constant advances in the arena of technical textiles. Agro-textile products are witnessing an emerging demand in the agriculture industry, where they can be utilized in broad spectrum of applications. Of note, these products are being demanded in horticulture, animal husbandry, fishing, landscaping, and gardening.
Over the years, the agro-textiles market has made strides on the growing revenue generation from the sales of products in these applications. The demand has especially risen to meet the requirements of textile in aquaculture and agro-engineering industries. The agro-textiles market has also progressed anchored in the positive result the products show in the production of crops and plants, opening new value propositions for various consumer segments in agriculture sector.
The study on the global agro-textiles market presents a detailed and granular assessment of key growth dynamics, technological advancements, trends, and promising opportunities for players across the value chain. The report makes an in-depth evaluation of the role of the economic development in various countries on the demand for agro-textiles and offers a data-based insight into the production and consumption volumes in largely agro-based industrial economies in these key regional markets.
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Agro Textiles Market: Drivers, Current Opportunities, and Lucrative Avenues
The rising concerns of food insecurity due to widening gap between demand and supply of agricultural produce in various economies is a key pivot for the adoption of products that boost overall yield. Climatic conditions pose significant hurdle in realizing the full potential of agricultural production, in developing as well as developed economies. In this backdrop, agro-textiles present a vast promise by being implicated in crop protection, use in optimizing pesticide use, and improving nutritional quality of the produce. They also play role in process and postharvest operations.
Over the decades, the use of such products is likely to pull in investments by agriculturists and farmers in order to help them burgeoning demand for vegetable crops for the exponential growth of populations of various countries. Nonetheless, stakeholders in the agro-textiles market are leaning on raisin the awareness about the benefits of agro-textile in low- and middle-income countries.
Strides made by fishing and aquaculture have subsequently expanded the prospect of products in the agro-textiles market. These applications utilize agro-textile for their salient features that notably include high abrasion resistance, biodegradability, resistance to UV radiation, lightweight, and durability.
Agro Textiles Market: Competitive Scenario
Manufacturers and producers in the agro-textiles market are focused on meeting the needs of natural fibre-based nonwoven in the textile industry. The upholstery composite industry has further lapped up promising opportunities arising out of demand for high-performance fabric for the automobile industry.
Agro-based economies have witnessed growing body of R&D activities for commercializing hybrids. Arrigoni SPA is one of the pioneers in developing innovative agro-textile products to meet climatic control when used in horticulture application. The company has been at the forefront of hi-tech solution, a recent example of which is unveiling of its product line of thermo-reflective meshes. The products, the company claims, exhibits remarkable photosynthetic performance, offering protection against sunburns particularly aimed at Forth range fruit and vegetable products, and further promotes water efficiency.
Some of the players constantly aiming at consolidating their stakes in the agro-textiles market are B&V Agro Irrigation Co., Tama Plastic Industry, SRF Limited, Zhongshan Hongjun Nonwovens Co. Ltd., Neo Corp International Ltd., Hy-Tex, and Diatex,
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Agro Textiles Market: Regional Avenues
Asia Pacific has emerged as a potentially lucrative market. The expansion has pivoted on the strides being made by the agriculture and textile sectors in several of its economies. Europe agro-textiles market has also been hotbed of opportunities. The demand in the Europe market is propelled by the growing demand for improving yield of high-quality vegetable crops. Widespread awareness about the benefits of agro-textiles in improving the nutritional quality of food crops is a key trend cementing the prospects in the regional market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.