Canada Agro Textiles Market Size & Outlook, 2021-2030
Canada agro textiles market, 2018-2030 (US$M)
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Canada agro textiles market highlights
- The Canada agro textiles market generated a revenue of USD 181.3 million in 2021 and is expected to reach USD 251.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.7% 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 181.3 million |
| Market revenue in 2030 | USD 251.9 million |
| Growth rate | 3.7% (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, Canada accounted for 3.9% 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 North America, U.S. agro textiles market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 201.7 million by 2030.
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Agro Textiles Market Scope
Agro Textiles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 67.18% in 2021. Horizon Databook has segmented the Canada agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s textile industry has seen a rise in demand for industrial textiles in various fields including agriculture and related markets. Ontario and Quebec are textile clusters in the country, accounting for over 70% of Canada’s textile production. The country also relies on imports from the U.S. and Asian countries, especially China, to fulfill its demand for agricultural produce.
The support from the Canadian government to boost domestic manufacturing, thereby reducing imports, is expected to boost the use of agro textiles in the country over the forecast period. Rising aging population in the country has had a direct impact on consumer preference for healthier products made from natural ingredients.
Increased spending by consumers and rising health problems are expected to boost the demand for organic goods in the country. This is expected to prompt farmers to increase yield in a cost-efficient and environmentally feasible way, which, in turn, is anticipated to promote the adoption of agro textiles.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into Canada agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada agro textiles market size, by material, 2018-2030 (US$M)
Canada Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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