PUBLISHER: Grand View Research | PRODUCT CODE: 1122157
PUBLISHER: Grand View Research | PRODUCT CODE: 1122157
The global agro textile market size is expected to reach USD 6.98 billion by 2030, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. The product demand is expected to witness significant growth owing to the rising need to increase agricultural productivity to fulfill the daily demand of the growing population. The increasing health consciousness among consumers has contributed significantly to the increasing demand for organic products. The increasing consumer preference for natural products has led to a surge in the demand for organic raw materials used for manufacturing sustainable clothes and all-natural personal hygiene products, such as soaps.
A rise in the demand for organic foods has also helped in the adoption of processes and technologies that enhance crop yields without the application of supplements. This leads to an increase in the usage of materials, such as agro textiles, across the world. Agro textiles play a major role in various applications across agro-industries, such as horticulture, farming, husbandry, and aquaculture, in the form of protection, storage, and growth stimulation. Some products help in the protection from sunlight in the form of shade nets by controlling the amount of sunlight and mulch mats that help block the sunlight to reduce weed growth. Products, such as anti-hail nets and windshields, help protect crops from damage due to climatic factors.
The global industry is characterized by the presence of several large-scale manufacturers catering to global demand. The product demand is high in developing economies including India and China owing to the integration of environmental factors into farming practices, such as restrictions on the usage of pesticides, which has helped maintain land quality. Freudenberg Performance Materials, Garware Technical Fibers, and Tencate Industrial Fabrics, with their brands, such as Tencate Toptex and Tencate Nicolon, are some key players that develop products to increase agricultural yields and protect the produce.