Agricultural Textiles Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Agricultural textiles refer to the woven, nonwoven, and knit materials known for bio-degradability, UV resistance, and toxicity resistance, employed in horticultural and agricultural applications. The agricultural textiles are used in agriculture, horticulture, and floriculture to cover animals, provide shade, weeds, and insect control, and lengthen the growing season for agricultural and also in the fishing industry.

Sizing and Forecast
The agricultural textiles market size has grown strongly in recent years. It will grow from $11.89 billion in 2023 to $12.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%.  The  growth in the historic period can be attributed to rise in global population, climate change, government subsidies, growth in agricultural sector, economic growth.

The agricultural textiles market size is expected to see strong growth in the next few years. It will grow to $17.8 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.  The growth in the forecast period can be attributed to expanding agricultural greenhouse and tunnel farming practices, growing demand for organic farming and specialty crops, adoption of precision agriculture techniques, growth in urban agriculture . Major trends in the forecast period include climate-resilient textiles, sustainable and eco-friendly materials, adoption of iot (internet of things) and ai technologies for monitoring, nanotechnology advancements, collaboration for innovation.

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Segmentation & Regional Insights
The agricultural textiles market covered in this report is segmented –
1) By Product: Fishing Nets, Anti-Hail Nets, Bird Protection Nets, Mulch-Mats, Shade Nets, Other Products
2) By Type: Weaving And Woven, Nonwoven
3) By Fiber Material: Nylon, Polyethylene, Polypropylene, Polyester, Natural Fibers, Biodegradable Synthetic Fibers, Other Fiber Materials
4) By Application: Agriculture, Horticulture And Floriculture, Aquaculture, Other Applications

Asia-Pacific was the largest region in the agricultural textiles market in 2023. The regions covered in the agricultural textiles market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
The rise in demand for agricultural products is expected to propel the growth of the agricultural textiles market going forward. Agricultural products refer to any agricultural commodity or product, whether raw or processed, that includes any commodity or product that is derived from livestock. Agricultural textiles are used to protect agricultural products from birds and insects, and they also help give shade to plants, which helps to increase their yield. For instance, according to the food and agriculture organization of the US, in June 2022, increased wheat demand in Africa is anticipated to lift the continent’s wheat purchases to 54.0 million tons in 2022–23, which increased by 2.6 million tons (5%) from 2021 to 22. However, globally, the demand for rice increased significantly in 2022, by 3%, with volumes exchanged across the world forecast at 53.1 million tons. Furthermore, according to Harvard Business Review, a management magazine published by Harvard Business Publishing Food demand is expected to increase anywhere from 59% to 98% by 2050. Therefore, the rise in demand for agricultural products is driving the growth of the agricultural textiles market.

Key Industry Players
Major companies operating in the agricultural textiles market include  Beaulieu Technical Textiles, Belton Industries, Meyabond, Capatex, Neo Corp International, Garware Technical Fibres, HUESKER Synthetic, Maccaferri, Koninklijke Ten Cate, DuPont de Nemours Inc., Leggett & Platt, Shandong Jinrui Textile Co. Ltd., Lianfa, Shandong Laizhou Zhongshi Plastic Products Co. Ltd., SRAM & MRAM Group, Qingdao SG Global Packaging Co. Ltd., Lumaglass Fiber Fabrics Co. Ltd., Xinyi Plastic Industrial (Shanghai) Co. Ltd., Shandong Rainbow Shading Technology Co. Ltd., Duromed S.R.L., Polysack Plastic Industries, Windmill Polytex, Tama Plastic Industry, Alnet Sp. z o.o., Tuflex India, Bonar Technical Fabrics, UPM-Kymmene Corporation, Visaka Industries Limited, Zig Zag

The agricultural textiles  market report table of contents includes:
1. Executive Summary

2. Agricultural Textiles Market Characteristics
3. Agricultural Textiles Market Trends And Strategies
4. Agricultural Textiles Market – Macro Economic Scenario
5. Global Agricultural Textiles Market Size and Growth
   .
   31. Global Agricultural Textiles Market Competitive Benchmarking
6. Global Agricultural Textiles Market Competitive Dashboard
7. Key Mergers And Acquisitions In The Agricultural Textiles Market
8. Agricultural Textiles Market Future Outlook and Potential Analysis
9. Appendix

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