The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The agricultural textiles market has witnessed a remarkable surge, blossoming from $10.88 billion in 2022 to $11.87 billion in 2023, marking a notable compound annual growth rate (CAGR) of 9.1%. As we tread into the future, the market’s size is poised for continued expansion, projected to reach $15.62 billion in 2027, fueled by a robust CAGR of 7.1%. Let’s delve into the driving forces and trends shaping the growth of the agricultural textiles sector.

Harvesting Demand: Fueling Growth in Agricultural Textiles

Riding the Wave of Agricultural Product Demand

1. Demand for Agricultural Products: The agricultural textiles market is propelled by the escalating demand for agricultural products globally. These products encompass a spectrum of commodities, whether raw or processed, derived from livestock.
2. Versatility of Agricultural Textiles: Agricultural textiles play a multifaceted role, shielding agricultural products from birds and insects. Additionally, they provide essential shade to plants, enhancing yield potential.
3. Global Agricultural Dynamics: Noteworthy statistics reveal the surge in wheat demand in Africa, expected to elevate wheat purchases to 54.0 million tons in 2022–23. Globally, rice demand witnessed a significant uptick of 3%, with an exchange forecast of 53.1 million tons.
4. Future Food Projections: According to the Harvard Business Review, global food demand is anticipated to surge by 59% to 98% by 2050. This underscores the critical role of agricultural textiles in supporting the burgeoning demand for food products.

Market Pioneers: Steering Agricultural Textiles Dynamics

Navigating Innovation and Market Presence

1. Leading Market Players: The agricultural textiles market is shaped and guided by major players such as Beaulieu Technical Textiles, Belton Industries, Meyabond, Capatex, Neo Corp International, and several others.
2. Technological Innovation: A prominent trend in the market is the emphasis on technological innovations. Companies are introducing groundbreaking technologies to strengthen their market presence and cater to evolving industry needs.
3. Agrolys Flame-Retardant Groundcover: A prime example of technological innovation is the introduction of Agrolys flame-retardant (FR) groundcover by Beaulieu Technical Textiles. This woven halogen-free groundcover complies with Class 1 NTA 8825 norms for fire safety and is designed for use in greenhouses.
4. Enhanced Crop Productivity: Agrolys, by providing increased diffuse light, stimulates crop growth and coloration in fruits, vegetables, herbs, flowers, and plants. Its flame-retardant qualities enhance safety, meeting rigorous fire safety standards.

Market Segmentation: Navigating Diverse Avenues

Weaving Through Product Categories and Applications

1. Diverse Product Categories: The agricultural textiles market is segmented based on an array of products, including Fishing Nets, Anti-Hail Nets, Bird Protection Nets, Mulch-Mats, Shade Nets, and Other Products.
2. Textile Types: The market is further classified based on weaving and woven textiles and nonwoven textiles, offering diverse solutions to meet varied agricultural needs.
3. Fiber Material Varieties: Fiber material options include Nylon, Polyethylene, Polypropylene, Polyester, Natural Fibers, Biodegradable Synthetic Fibers, and Other Fiber Materials, showcasing the adaptability of agricultural textiles.
4. Wide Application Spectrum: Agricultural textiles find applications in Agriculture, Horticulture and Floriculture, Aquaculture, and Other Applications, illustrating their versatility across different sectors.

Global Landscape: Asia-Pacific Dominance

Continental Dynamics and Growth Frontiers

1. Asia-Pacific’s Market Leadership: In 2022, Asia-Pacific emerged as the largest region in the agricultural textiles market, underscoring the region’s dominance in shaping global agricultural dynamics.

Get A Free Sample On The Global Agricultural Textiles Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=7565&type=smp

Read The Full Agricultural Textiles Market Report Here:
https://www.thebusinessresearchcompany.com/report/agricultural-textiles-global-market-report

The Agricultural Textiles Global Market Report 2023  provides an overview of the agricultural textiles market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The agricultural textiles market forecast analyzes agricultural textiles market size, agricultural textiles market share, leading competitor and their market positions.

Explore Similar Reports From The Business Research Company:

Agricultural Micronutrients Global Market Report 2023

Agricultural Pheromones Global Market Report 2023

Agricultural Films Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: