Argentina Agro Textiles Market Size & Outlook, 2021-2030
Argentina agro textiles market, 2018-2030 (US$M)
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Argentina agro textiles market highlights
- The Argentina agro textiles market generated a revenue of USD 37.4 million in 2021 and is expected to reach USD 58.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2022 to 2030.
- In terms of segment, synthetic fibers was the largest revenue generating material in 2021.
- Natural Fibers is the most lucrative material segment registering the fastest growth during the forecast period.
Agro textiles market data book summary
| Market revenue in 2021 | USD 37.4 million |
| Market revenue in 2030 | USD 58.4 million |
| Growth rate | 5.1% (CAGR from 2021 to 2030) |
| Largest segment | Synthetic fibers |
| Fastest growing segment | Natural Fibers |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic Fibers, Natural Fibers |
| Key market players worldwide | Freudenberg, Beaulieu Technical Textiles, TenCate, Garware Technical, Belton Industries, Diatex |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global agro textiles market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil agro textiles market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 58.4 million by 2030.
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Agro Textiles Market Scope
Agro Textiles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina agro textiles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agro textiles market will help companies and investors design strategic landscapes.
Synthetic fibers was the largest segment with a revenue share of 70.05% in 2021. Horizon Databook has segmented the Argentina agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the world’s major exporters of wheat, soybeans, and meat. The country is also one of the largest producers of wool and wine. The low population density and ample fertile land have aided in its comparative advantage in agricultural commodities, exports of which were the basis of the high income per capita in the early 20th century.
The agricultural production in Argentina is dominated by extensive farming and the use of mechanization and modern technologies. This is anticipated to drive the market growth over the forecast period.
The market in Argentina is witnessing growth in terms of the production of vegetables, fruits, and flowers owing to the varied climatic conditions in different parts of the country and the presence of a long-established local industry of manufacturing farm machinery and equipment.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into Argentina agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina agro textiles market size, by material, 2018-2030 (US$M)
Argentina Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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