Agricultural Textiles Market | Industry Challenges Business Overview And Forecast Research Study 2031

Asia-Pacific held the major share in 2021, garnering more than half of the global agricultural textiles market revenue and is projected to maintain the lion's share by 2031. Simultaneously, the same region would also showcase the fastest CAGR of 5.1% throughout the forecast period. The other provinces studied through the report include North America, Europe, and LAMEA.

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Allied Market Research published a new report, titled, "Agricultural Textiles Market by Type (Woven, Knitted, Non-woven, Others), by Material (Nylon, Polyethylene, Polypropylene, Polysters, Others), by Product Type (Mulch Mats, Fishing Nets, Anti hail and antibird nets, Crop covers, Shade Nets, Others), by Application (Agriculture, Horticulture, Forestry, Aquaculture, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Increased demand from the agriculture industry and rising demand for eco-friendly and organic products are likely to drive the growth of the agricultural textiles market. By type, the knitted segment contributed to the major share in 2021. The Asia-Pacific region is expected to witness the fastest growth in the market, with a high projected Compound Annual Growth Rate (CAGR) by 2031.

This makes it important to understand the practical implications of the agricultural textiles market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.

According to the report published by Allied Market Research, the global agricultural textiles market was estimated at $11.8 billion in 2021 and is expected to hit $18.8 billion by 2031, registering a CAGR of 4.9% from 2022 to 2031.

KEY MARKET PLAYERS:

The report provides the SWOT analysis of the key market players Hy-Tex (UK) Limited, Diatex, Helios Group S.r.l., belton industries, Siang May Pte Ltd, Meyabond Industry & Trading (Beijing) Co., Ltd., Tencate geosynthetics, Garware Technical Fibres Ltd., Aduno SRL, and Beaulieu Technical Textiles. which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

The aquaculture segment held the largest share in 2021, garnering more than two-fifths of the global agricultural textiles market revenue and is projected to rule the roost by 2031. The agriculture segment, on the other hand, is expected to manifest the highest CAGR of 5.2% throughout the forecast period. Also, the horticulture, forestry and others segments are discussed in the report.

NEED FOR THE REPORT:

The current situation of pandemic makes it very important for the stakeholders in the agricultural textiles market to understand the market deeply, which will help them in taking sound decisions, to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.

The fishing nets segment accounted for the highest share in 2021, generating nearly one-third of the global agricultural textiles market revenue and is projected to maintain its dominance by 2031. However, the shade nets segment would showcase the fastest CAGR of 5.4% during the forecast period. The mulch mats, anti-hail and anti-bird nets, crop covers, and others segments are analyzed in the report.

KEY OFFERINGS OF THE REPORT:

Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.

Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.

Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.

Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.

Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.

Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/agricultural-textiles-market/purchase-options

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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