Agro Textile Market Analysis
All the textile goods used in the agrarian production including Agriculture, horticulture, animal husbandry and forestry can be considered as agro textile. Special textile is manufactured for agricultural applications. It helps in preventing the soil from drying out, increase crop yield, reduce the use of pesticides and thermal protection which is treated with UV ray stabilizers. Some of the best-known products are shade net and thermal screen which can save up to 40% of energy in heating greenhouses. Agro textile can control climate, ecological degradation, efficient use of water, save energy, improve product quality, and others. Some of the applications of agro textiles are ground cover, windshield, Insect meshes, crop cover, fishing net, net for protection from birds.
COVID-19 Impact analysis
- The impact of COVID-19 pandemic in the growth of Agro textile industry disrupted the sales and distribution channel and various other channels on an unabated rate and scale.
- India is a country with huge manpower, with massive agriculture and agro-based industry potential, where the fast-growing market was affected by pandemic outbreak leading to economic crisis.
- Manpower availability decreased due to the lockdown because people were not allowed to travel, which led to shortage of manpower.
- Due of COVID-19, the Agri supply chain has been disrupted, presenting different challenges to the rural people. The agricultural cycle over the country has been seriously influenced creating a setback for the gathering Rabi crops and preparation of Kharif crops.
Top Impacting Factors
Various innovation in the industry with highly modified materials have being created for different purposes like protection of crops with the help of agro textile. Increasing population also acts as a driver for the market as the required demand need better productivity, good quality food and in this scarcity of resources effective utilization is essential. Government is also influencing and attracting to increase agricultural productivity, improve the irrigation process in order to maintain the demand and supply balance. In addition, aquaculture is the predominant driver, its application segment in 2020 represented over 59.0% of the worldwide income share, attributable to rise in aquafarming activities because of the broad utilization of fish and its results in nutritional supplements, oils, beauty products and skincare. However, the fluctuating price of the raw materials depending upon the global market act as a restraining factor.
Market Trends
- New techniques are being adopted, drip lined agro mats for automated irrigation which helps in reducing water wastage and water scarcity issue.
- The modern crop technologies which are done in soilless farms are hydroponic, aeroponics and aquaponics, which goes with a developing trend for the upcoming market.
- Apart from agricultural, textile market is flourishing in the field of defense and aerospace for packaging materials, which are flexible and capable of shaping it into various product for various purpose.
- This agro textile are also used in less enlightened item cloths, textile for baggage, tire cords, belting, and others, which is exported to other countries.
- Textile used in the form of shelter, protection, transportation, etc. are more suitable for dependency for the victim of natural calamities, which are uncertain in nature so we cannot avoid the demand of this product.
- A rising number of building and development activities additionally contribute essentially to the interest for conceal nets as they are broadly utilized for wellbeing and insurance.
- Recent technological advancement favors the huge development of items for the producers, and emerging as an opportunity for the agro textile market.
Key Benefits of the Report
- This study presents the analytical depiction of the agro textile market industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Agro Textile Market share.
- The current market is quantitatively analyzed to highlight the Agro Textile Market growth scenario.
- The report provides a detailed Agro Textile Market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Agro Textile Market Report
- Who are the leading market players active in the Agro Textile Market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Agro Textile Market Report Highlights
Aspects | Details |
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Key Market Players | SRF Ltd., Zhongshan Hongjun Nonwovens Co. Ltd, Beaulieu Technical Textiles, Tama Plastic Industry, Belton Industries, Inc., Capatex Ltd., Diatex, Hy-Tex (U.K.) Ltd, Hebei Aining Import and Export Co. Ltd., Neo Corp International Ltd, B&V Agro Irrigation Co., Meyabond Industry & Trading (Beijing) Co. Ltd. |
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