Agricultural Textiles Market to Reach USD 20.2 Billion by 2028, Driven by Greenhouse Cultivation Demand


Posted September 26, 2024 by alex91

The Agricultural Textiles Market is set to grow from USD 15.9 billion in 2023 to USD 20.2 billion by 2028, driven by demand for greenhouse cultivation, controlled-environment agriculture, and nonwoven fabric innovations in Asia Pacific.
 
The Agricultural Textiles Market is set to grow from USD 15.9 billion in 2023 to USD 20.2 billion by 2028, driven by demand for greenhouse cultivation, controlled-environment agriculture, and nonwoven fabric innovations in Asia Pacific.

The Agricultural Textiles Market is projected to grow from USD 15.9 billion in 2023 to USD 20.2 billion by 2028, at a CAGR of 4.8%. The market’s growth is fueled by the rising demand for greenhouse-cultivated crops such as bell peppers, cucumbers, and broccoli.

One of the fastest-growing segments in the market is Controlled-Environment Agriculture, which addresses the growing pressure on limited land resources for food production. As land becomes more scarce, greenhouses are proving essential for growing non-native crops. Shade nets and insect-protection nets play a crucial role in reducing energy usage, regulating temperature, and maintaining ventilation, making them key components of greenhouse agriculture.

In terms of fabric technology, Non-woven fabrics are the fastest-growing segment. These fabrics, which include needle-punched, thermally bonded, and spun bonded nonwovens, have seen significant improvements in their physical and mechanical properties. This is due to advancements in polymers and fabric finishing, making nonwoven textiles increasingly important for the agricultural sector.

Regionally, Asia Pacific is the largest and fastest-growing market for agricultural textiles. The region's booming population, along with increasing demand for controlled agriculture due to shrinking arable land, is driving this growth. India and China are leading the charge, with the demand for agricultural textiles also expected to rise in countries like Malaysia, Indonesia, Singapore, and Australia & New Zealand.

Key players are eyeing Asia Pacific as it remains the strongest regional market, while North America and Europe face economic contraction and market saturation.

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Categories Business , Publishing , Research
Tags agricultural textiles , controlledenvironment agriculture , greenhouse cultivation
Last Updated September 26, 2024