Global Agro Textiles Market

Global Agro Textiles Market Size, Trends, and Analysis - Forecasts To 2026 By Product (Shade-nets, Mulch-mats, Anti-hail nets and bird protection nets, Fishing nets and Others), By Application (Agriculture, Horticulture & Floriculture, Aquaculture, and Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Category Food & Beverages
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Agro Textiles Market: Insights

The rising use of this product in various industries including aquaculture, horticulture, along with the favorable implementations and policies that are taken by the government for the promotion of sustainable living, especially in developing countries are expected to significantly influence this market. Agro Textile is a textile material, used for agriculture, aquaculture, horticulture, floriculture. It helps to protect the produced crops, flowers, vegetables from birds and animals, to catch fish, to shade from construction and other building works.

With the growing population, the food demand is growing rapidly, which is resulting in the growth of demand for agro textiles. Factors like, government policies and regulations favoring the expanding agri-business, promotion of sustainable solutions, growing demography of the Asian countries are some of the main drivers of this market. Although in 2020 the market faced a severe decline in this demand, due to the emergence of the ongoing pandemic, in the coming period of 2021-2026 the market is estimated to grow rapidly.

However, there are a few restraints also that keep the market growing smoothly such as, the high cost of production, the lengthy and complex process of manufacturing, the rapidly oscillating prices of the raw materials such as, nylon, polyester, wool, with time. Also, the recent emergence of the ongoing pandemic in 2020, caused the market to face a steep decline, as most of the factories manufacturing this product faced lockdown and disruption in the supply chain of the raw materials.

Agro Textiles Market

Agro Textiles Market: By Product

Based on the product type, the market is segregated and explained into, shade-nets, fishing nets, mulch-mats, bird protection nets, and anti-hail nets among others. Out of all these, fishing nets accounted for the largest market share of this market in 2020.

The rapidly growing demand for seafood and fish is leading the demand for fishing nets to grow higher. In addition to this, the fish and its by-products are also used in many other sectors like, skincare and health sector especially in the developing regions of APAC like India, Indonesia, which is expected to contribute positively to the increasing growth rate of the fishing net segment.

Also, the increasing awareness among the consumers about the benefits of consuming fresh fish and fatty fishes are increasing the demand for fishes globally, which in turn is increasing the demand for agro textile nets in the aquaculture industry. In 2019, the consumption of fish was accounted for almost 20% of the global animal protein consumption.

On the other hand, the increasing construction work, arising awareness about the protection of the produced crops across the globe is expected to significantly increase the demand for shade-nets.

Agro Textiles Market: By Application

Based on the applications, the agro textile market is divided into four segments, agriculture, horticulture and floriculture, aquaculture, and others. Among these, aquaculture is expected to be the dominant segment and also expected to witness the fastest growth between 2021-2026.

The expected reason behind this is the ample increase in aquafarming. With the help of new and advanced technology, the fish and its by-products and the other sea products are being used in the production of nutritional supplements, edible oils, skincare, and other beauty elements. Moreover, aquafarming is being highly commercialized especially in developing countries.

Apart from that, the agriculture segment will occupy a major chunk of the market, due to the increasing food-demand owing to the increasing population. The growing awareness about different products to increase the total production is driving the demand.

Agro Textiles Market                                                        Agro Textiles Market: By Region                                                                          

Regionally the market of Agro textile in Asia-Pacific accounted for the largest share between 2021-2026 and it is also expected to be the fastest-growing market with the largest CAGR during the forecasting period. In 2019, the Asia-Pacific region held almost 54% of the total market share of the agro-textile industry.

The growing demand for fish and other seafood in this region is driving the market. Apart from this, the rising awareness about the nutritional value of vegetables, crops, fish, and seafood, and the invention of advanced technologies which have changed the farmers’ preference from traditional farming to a more scientific approach using advanced products, and high commercialization of the flower market are significant factors behind the growth of the Agro textile market in this region.

Expanding uses of shell meats, fish oils, favorable govt. regulations, shift in consumers’ preferences towards using bio-based nets and mulch and storage bags for agriculture is thriving the market. Other than this region, the North American region is also estimated to witness a significant growth rate, owing to the commercialization of various agricultural products, rising need to fulfill the domestic food-demand by producing domestically, which is, in turn, increasing the demand for high-quality agro-products.

Agro Textiles Market: Share & Competitor Analysis

Beaulieu Technical Textiles, Neo Corp International Ltd, B&V Agro Irrigation Co, Diatex, Belton Industries, Inc, Hebei Aining Import and Export Co., Ltd, Meyabond Industry & Trading Co., Ltd, Tama Plastic Industry, Hy-Tex Ltd, Capatex Ltd, SRF Ltd, and Zhongshan Hongjun Nonwovens Co., Ltd, are the key player.

Please note: This is not an exhaustive list of companies profiled in the report.

In January 2020, Diatex introduced a tailor-made plant protection system and other several advanced crop field protection products at the trade fair for horticulture IPM ESSEN 2020, in Germany.

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The Global Agro Textiles Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Agro Textiles Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Agro Textiles Market.

Agro Textiles Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Agro Textiles Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Agro Textiles Market

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