According to Future Market Insights, the agricultural fabrics market is projected to reach a value of US$ 15 billion by the end of 2023. Anticipating a steady growth trend, global demand for agricultural fabrics is forecasted to increase at a compound annual growth rate (CAGR) of 4.4%, reaching a market value of US$ 23 billion by the year 2033. This growth reflects the growing importance of agricultural fabrics in enhancing crop yields and sustainability in modern farming practices.
Market Overview:
Agricultural fabrics encompass a wide range of products designed to improve crop yield, protect plants from environmental stresses, and enhance farming efficiency. These fabrics come in various forms, including shade nets, ground cover fabrics, insect screens, frost protection fabrics, and mulching films. They are used in a variety of applications, such as greenhouse farming, crop protection, soil erosion control, and landscaping.
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Key Trends:
- Sustainable Agriculture: The global shift towards sustainable and eco-friendly agricultural practices has led to an increased adoption of agricultural fabrics. These fabrics enable farmers to reduce their reliance on chemical pesticides and fertilizers by providing natural solutions for pest control, weed suppression, and moisture retention.
- Climate Change Adaptation: As the effects of climate change become more pronounced, farmers are seeking ways to mitigate its impact on their crops. Agricultural fabrics play a vital role in protecting crops from extreme weather conditions, including frost, hail, and intense sunlight.
- Organic Farming: The organic farming movement, driven by consumer demand for chemical-free and non-GMO produce, has created a burgeoning market for agricultural fabrics. These fabrics are crucial for maintaining the integrity of organic farming by reducing the need for synthetic inputs.
- Precision Agriculture: The integration of technology in agriculture has led to the rise of precision agriculture. Agricultural fabrics are used in combination with data-driven techniques to optimize crop growth, conserve water, and reduce resource wastage.
Top Key Players
Some of the leading manufacturers and suppliers of Agricultural Fabrics include
- Zhongshan Hongjun Nonwovens Co. Ltd.
- Hy-Tex Limited
- Belton Industries
- Beaulieu Technical Textiles
- B&V Agro Irrigation Co.
- Diatex
- Neo Corp International Limited
- Meyabond Industry & Trading Co., Ltd.
- Tama SRF Limited and many others.
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Key Segments
By Area of Application:
- Crop Production.
- Horticulture, Floriculture and Forestry.
- Animal Husbandry and Aqua Culture.
- Agro Engineering Related Applications
By Application:
- Hail protection
- Wind protection
- Soil covering or weed protection
- Sun protection
- Bird protection net
- Plant nets
- Crop cover
- Insect meshes
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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