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Agriculture Nets Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033
Agriculture Nets Global Market
According to The Business Research Company's, The agriculture nets market size has grown strongly in recent years. It will grow from $9.4 billion in 2023 to $9.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to globalization and trade, stringent security regulations, airports infrastructure expansion, emergence of automated systems, increased passenger expectations, regulatory compliance..
The agriculture nets market size is expected to see strong growth in the next few years. It will grow to $12.43 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to emphasis on passenger safety, modernization of airport infrastructure, customs and border protection requirements, biosecurity concerns, increasing focus on sustainability.. Major trends in the forecast period include innovations in material detection, advanced imaging technologies, integration of artificial intelligence (ai), enhanced automation and robotics, mobile and portable screening solutions..
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Market Drivers and Trends:
The increasing demand for food is expected to propel the growth of the agriculture net market going forward. Food is any substance that is consumed by living organisms to provide them with the nutrients and energy they need to grow, maintain their health, and carry out their bodily functions. Agricultural nets are used in various ways on agriculture fields to help protect and enhance the growth of crops and plants that are grown for food production. For instance, in October 2022, according to the USDA (United States Department of Agriculture), US-based Federal Agency, 2021 Highlights, there were 89.8%, that is, 118.5 million food-secure U.S. households had enough food as compared to 89.5 percent in 2020. Therefore, the increasing demand for food is driving the growth of the agriculture net market.
Product launches are a key trend gaining popularity in the agriculture net market. Companies operating in the agriculture net market are launching new products to sustain their position in the market. For instance, in March 2022, Fruit Security GmbH, a Netherland-based provider of hail protection, weather protection, and crop protection systems, introduced a black hail net that protects against sunburn to delay the ripening of fruit by a few days. Fruit security's black nets consist of carbon that provides an average level of UV radiation of 80 KLY that inhibits the aging process of hail nets by up to 1400 KLY as compared to ordinary crystal hail nets have a 10-year lifespan. The improved chemical makeup of the black hail net (added carbon) extends its longevity to up to 25 years and saves a huge amount on agriculture nets. Additionally, it also helps in coloring fruits more uniformly which results in a more homogeneous fruit quality and the ripening of fruit can be extended by an average of four days.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Fiberweb India Ltd.; Shakti Polyweave Private Limited; Garware Technical Fibres Ltd.; B & V Agro Irrigation Co.; Diatex SAS; Belton Industries Inc.; Shree Tarpaulin Industries; Neo Corp International Limited (NCIL); Beaulieu Technical Textiles; Low & Bonar plc; Capatex Ltd.; Freudenberg & Co. KG Ltd.; U.S. Netting Inc.; Sunsafe Agrotextiles Pvt. Ltd.; Agriplast Tech India Private Limited; RKW Group; Tama Plastic Industry; Bouwimpex B.V.; KARATZIS S.A.; Dewitt Company; Agrilab Technologies Inc.; Alnet (Thailand) Co. Ltd.; Dubois Agrinovation Inc.; Jinjiang Jiaxing Supply Management Co. Ltd.; BioBag International AS; RK NETS; Anhui Huaqiao New Material Technology Co. Ltd.; Tenax Corporation; HortiFabric International Ltd.; Hyplast NV
Agriculture Nets Market 2024 Key Insights:
• The agriculture nets market will grow to $12.43 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.
• Impact Of Food Security On Agriculture Net Market
• Advanced Features Of Fruit Security's Black Hail Net
• Europe was the largest region in the agriculture nets market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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