According to a latest study on Agricultural Fabrics market, sales of Agricultural Fabrics are projected to increase at around 4.7% CAGR over the next ten years (2021-2031). Rising product demand in the agriculture sector for better crop quality & increased productivity and technological advancements are expected to drive the market over the forecast period.
An increase in product usage in various sectors, including aquaculture and horticulture, is expected to have a positive impact on the market growth.
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What is Driving Demand for Agricultural Fabrics
The benefits of agricultural fabrics market are Increase crop production, Avoid the soil from drying out and decrease the requirement of fertilizers, pesticides and water.
Agricultural fabrics can be classified into woven, nonwoven and knitted fabrics applied for agricultural and horticultural uses covering livestock protection, shading, weed and insect control, and extension of the growing season. The essential properties required are Strength, elongation, stiffness, porosity, bio-degradation, resistance to sunlight and resistance to toxic environment.
Food Crops to Remain a key Segment for the Consumption of Agricultural Fabrics
The demand for organic and naturally-derived snacks is increasing around the globe, reflecting a marked change in consumption trends around the world.
Agricultural fabrics such as capillary mats and mulch nets are witnessing steadily climbing demand as farmers struggle to increase their agriculture yield to meet the high food demand in urban sprawls.
Moreover, the market growth is being further accelerated by supportive government policies, especially in developing countries, promoting sustainable agriculture practices and use of modern technologies to improve productivity in agriculture.
US and Canada Agricultural Fabrics Market Outlook
The market in North America expected to grow at a significant rate over the forecast period, which can be attributed to a rise in product demand for high-quality agricultural products.
A positive outlook for agriculture and aquaculture is projected to uplift the regional market over the forecast period.
Growing awareness about nutritional diet is expected to promote the demand for dietary supplements, which is likely to increase fish consumption. This will boost the product demand, thereby supporting regional market growth.
The market faces numerous challenges coping with the complexity of manufacturing processes, higher production costs, and fluctuating prices of raw materials, such as nylon, polyester, and wool.
Technological developments and R&D investments for developing novel technologies are expected to offer ample scope for market growth over the forecasted period.
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Asia Pacific Demand Outlook for Agricultural Fabrics
Asia-Pacific is a prominent market for these fabrics given the extensive agricultural production activities of many developing economies of the region.
The main reason for the region’s preeminent position in the market is the excessive reliance of the developing economies of India and China on agriculture.
Added to this is the high population of these and other countries in the region, which has exacerbated the need for greater agriculture productivity.
As a result, the demand new-age materials and tools such as Agro textiles in the farming sector are expected to soar in the forthcoming years.
Who are the Key Manufacturers and Suppliers of Agricultural Fabrics
Some of the leading manufacturers and suppliers of Agricultural Fabrics include
- 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 and many others.
Agricultural Fabrics Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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