Press release
Agricultural Textiles Market A Comprehensive Study Explores Huge Growth in Future 2025-2033
The global agricultural textiles market is poised for significant growth, fueled by increased demand from the agriculture sector and the rising preference for eco-friendly and organic products. According to Allied Market Research, the market, valued at $11.8 billion in 2021, is projected to reach $18.8 billion by 2031, registering a CAGR of 4.9% from 2022 to 2031.ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/A15092
Market Highlights
- Knitted textiles led the market in 2021, accounting for nearly half of the total share, and are expected to continue dominating, with the fastest CAGR of 5.1% through 2031.
- Asia-Pacific is set to experience the highest growth rate, maintaining its leading position by 2031.
- Polyethylene-based textiles accounted for over one-third of market revenue in 2021 and are expected to exhibit the fastest CAGR of 5.2%.
- Fishing nets generated the highest revenue among product types, while shade nets are forecasted to grow at a CAGR of 5.4%.
- Aquaculture applications dominated in 2021, but the agriculture segment is projected to grow at the highest CAGR of 5.2%.
Growth Drivers & Challenges
Key Drivers:
- Rising demand from the agriculture sector.
- Growing preference for sustainable and organic products.
- Advancements in textile technology enhancing durability and efficiency.
Challenges:
- Fluctuating raw material prices.
Regional Insights
- Asia-Pacific dominated the market in 2021, accounting for over half of global revenue, and is expected to maintain its lead with a CAGR of 5.1%.
- North America, Europe, and LAMEA also play key roles, with steady demand growth anticipated in these regions.
Competitive Landscape
Leading players in the market include:
- Beaulieu Technical Textiles
- Siang May Pte Ltd.
- Helios Group S.r.l.
- TenCate Geosynthetics
- Garware Technical Fibres Ltd.
- Diatex
- Aduno SRL
- Meyabond Industry & Trading (Beijing) Co. Ltd.
- Belton Industries
- Hy-Tex (UK) Limited
These companies focus on strategic partnerships, expansions, and technological innovations to strengthen their market position.
Final Outlook
- The agricultural textiles market is on an upward trajectory, driven by sustainability trends, technological advancements, and increasing agricultural demand. With Asia-Pacific leading the growth, the industry presents lucrative opportunities for investors, businesses, and stakeholders aiming to capitalize on the market's expansion.
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/agricultural-textiles-market-A53561
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About Us
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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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