Market revenue in 2021 | USD 208.2 million |
Market revenue in 2030 | USD 324.1 million |
Growth rate | 5% (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 |
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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 70.99% in 2021. Horizon Databook has segmented the India agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian Agricultural Export Policy aims at increasing agricultural exports to USD 100 billion over the coming years. However, the limited availability of land for cultivation and other natural resources, such as water, pushed the need for sustainable practices that increase productivity.
The government has sanctioned various investments and policies to boost the agricultural industry and increase crop yield such as air transport, FDI levels, warehousing, and agritech which will result in the use of alternative methods such as the use of agro textiles to achieve these goals, thus increasing its market growth.
It will also help in increasing the production of agro textiles, giving a boost to the manufacturers and producers of raw materials, especially the manufacturers of natural fibers such as cotton and jute. The government’s support to the textile industry by increasing the application scope of technical textiles has helped the market for non-woven fabrics segment.
Horizon Databook provides a detailed overview of country-level data and insights on the India agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into India agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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