Global Agro Textile Market size was at USD 9.48 Billion in 2021, and it is predicted that it will reach a valuation of USD 14.33 Billion by the end of 2030 with an annual development rate (CAGR) of 4.7% between 2022 and 2030.
The materials or goods used in the agricultural field or for agrarian production are called Agro textile. There are various goods or materials considered as Agro textiles such as horticulture, animal husbandry, agriculture and forestry. These special textiles are produced for agricultural uses. These textiles aid in increasing crop yield, minimising the use of pesticides and chemicals and preventing soil from drying out.
Well, there are some of the best-known products, such as thermal production screen and shade net, which are capable of saving up to 40% of energy in heating greenhouses. Agro textile can control ecological degradation, climate, save energy, make effective water use, and enhance the product quality.
The Global Agro textiles Market Overview:
Increasing product demand in the agriculture area for better crop quality & increased productiveness, and technical advancement are anticipated to accelerate the market over the forecasting years.
Furthermore, a rise in product usage in various sectors such as horticulture and aquaculture is anticipated to positively influence the Agro textile Market. Favourable government policies encouraging sustainable practices in the agriculture and related sectors, specifically in developing countries like India and Indonesia, are also poised to expand the market growth.
China is a densely populated country. The market in China is anticipated to witness significant progression due to the increasing population, resulting in a high dependency on agriculture productivity. China is poised to lead the Asia Pacific market due to its favourable economy, demographics and surging demand for advanced textiles from the agriculture sector.
Global Agro Textiles Market: Market Dynamics
Market Drivers: World has been focusing on increasing the Agricultural Output
As per the WHO report, the world population is expected to reach 8.5 billion by 2030. Therefore, the demand for food is anticipated to rise, specifically in Europe, Central Asia, Asia and Latin America, attributed to the rapid growth in population in these regions.
This increasing population has been putting massive pressure on agricultural productivity, and hence the sharp rise in demand can be fulfilled by adopting new technologies and controlled agriculture. Agriculture Textile aids in enhancing crop quality and increasing agriculture productivity by reducing soil erosion, increasing soil temperature, providing nutrition, suppressing the growth of weeds etc. Thus, the requirement to increase agricultural production plays a vital role in accelerating the demand for agricultural textiles.
Market Opportunity: Technological Advancement
Now, the focus has shifted to R&D activities for the production of various types of textiles by adding different qualities, such as NIR blocking, ultra-thermic, UV rays protection and fluorescent.
The UV-blocking films can defend plants from pests and diseases. The transmission of the UV rays in the interior part of the greenhouse has been blocked by these films, resulting reduction in the spreading of diseases and pests.
NIR blocking is capable of blocking the radiation and stomata plant growth. Fluorescent films can permit only the spectrum radiation of 300 nm to 700 nm to enter the greenhouse. Therefore, advancements in technology such as drip farming, soil fumigation and supplying ventilation to crops are projected to create potential opportunities for the market.
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The Key Market Segmentation of the Global Agro Textiles Market:
This Research Report Categorised the Global Agro textiles Market Based on Types, Products, Applications, and Geographical Landscape.
Agro Textiles Market Segmentation By Type:
- Weaving and Woven
- Nonwoven
- Knitting
Agro Textiles Market Segmentation By Product:
- Shade-nets
- Mulch-mats
- Anti-hail nets and Bird Protection Nets
- Fishing nets
- others
Agro Textiles Market Segmentation By Application:
- Agriculture
- Horticulture & Floriculture
- Aquaculture
- Others
Agro Textiles Market Segmentation By Geographical Landscape:
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Key Players in the Global Agro textiles Market Are:
- Beaulieu Technical Textiles,
- Belton Industries, Inc.,
- Neo Corp International Ltd.,
- Diatex, Hy-Tex (U.K.) Ltd.,
- Tama Plastic Industry,
- Hebei Aining Import and Export Co. Ltd.,
- Zhongshan Hongjun Nonwovens Co. Ltd.,
- SRF Ltd.,
- Meyabond Industry & Trading (Beijing) Co. Ltd.,
- Capatex Ltd.,
- B&V Agro Irrigation Co.
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The Covid-19 Impact Analysis:
Covid-19 has substantially impacted various industries such as travel & tourism, aviation, and manufacturing industries. According to World Bank and IMF, the worst recession in the world took place during 2020-2021. Global economies were negatively impacted due to forced lockdown by various countries to prevent the spreading of the virus.
The covid-19 pandemic impacted the progression of the Agro textile industry owing to disruption in the sales and distribution channel and several other channels.
India is a densely populated country with huge manpower and massive agriculture and agro-based industry possibilities. This fast-growing market was severely affected due to the pandemic outbreak, which led to a severe economic crisis. Additionally, the availability of manpower was reduced due to forced lockdown and restrictions by the government, which resulted in a shortage of manpower.
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