By the end of 2023, the agricultural fabrics market is expected to reach a value pool of US$ 15 billion, according to Future Market Insights. It is anticipated that by 2033, the global market for agricultural fabrics will reach US$ 23 billion, growing at a CAGR of 4.4%.
Throughout the projected period, the market is anticipated to be driven by rising product demand in the agriculture sector for improved crop quality & greater productivity as well as technological advances. Growing product usage across a number of industries, such as horticulture and aquaculture, is anticipated to support market expansion.
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Key Opportunities in Urban Farming for Agricultural Fabrics:
- Vertical Farming Structures:
- Agricultural fabrics are instrumental in the construction of vertical farming structures. These fabrics facilitate the creation of lightweight, durable, and cost-effective structures for cultivating crops in a vertical arrangement. The vertical farming trend not only maximizes space but also minimizes water usage and reduces the overall environmental impact.
- Rooftop Gardens and Greenhouses:
- The utilization of agricultural fabrics in rooftop gardens and greenhouses enhances the efficiency of these urban farming setups. These fabrics provide insulation, regulate temperature and humidity, and protect crops from external elements. The result is an extended growing season and improved yields, even in urban areas with challenging climates.
Key Manufacturers of the Agricultural Fabrics Market
- Zhongshan Hongjun Nonwovens Co. Ltd.
- Hy-Tex Limited
- Belton Industries
- Beaulieu Technical Textiles
- B&V Agro Irrigation Co.
- Diatex
- Neo Corp International Limited
- Meyabond Industry & Trading Co., Ltd.
- Tama SRF Limited
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Key Segmentation
By Area of Application:
- Crop Production.
- Horticulture, Floriculture and Forestry.
- Animal Husbandry and Aqua Culture.
- Agro Engineering Related Applications
By Application:
- Hail protection
- Wind protection
- Soil covering or weed protection
- Sun protection
- Bird protection net
- Plant nets
- Crop cover
- Insect meshes
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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