Australia Agro Textiles Market Size & Outlook, 2021-2030
Australia agro textiles market, 2018-2030 (US$M)
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Australia agro textiles market highlights
- The Australia agro textiles market generated a revenue of USD 27.8 million in 2021 and is expected to reach USD 40.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.3% from 2022 to 2030.
- In terms of segment, synthetic fibers was the largest revenue generating material in 2021.
- Synthetic 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 27.8 million |
| Market revenue in 2030 | USD 40.4 million |
| Growth rate | 4.3% (CAGR from 2021 to 2030) |
| Largest segment | Synthetic fibers |
| Fastest growing segment | Synthetic 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, Australia accounted for 0.6% 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 Asia Pacific, China agro textiles market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,829.3 million by 2030.
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Agro Textiles Market Scope
Agro Textiles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 69.06% in 2021. Horizon Databook has segmented the Australia agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for higher-quality meat in the country and a shortage of supply from import countries such as the U.S. owing to climatic conditions and disease outbreaks have led to increased domestic production in animal husbandries.
This has increased the incorporation of practices by the agricultural sector in the country, such as udder protection and shade nets, to keep the livestock and agricultural produce safe. Changing climatic conditions in the country pose a major challenge to agricultural production and total crop yield.
Droughts and excessive rainfall result in loss of produce and also reduce the productivity of farms. To protect crops from such factors and maintain crop yield, the use of alternative methods such as rain shade nets and ground covers is necessary, which, in turn, will boost the growth of agro textile market.
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Our clientele includes a mix of agro textiles market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into Australia agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia agro textiles market size, by material, 2018-2030 (US$M)
Australia Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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