Indonesia Agro Textiles Market Size & Outlook, 2021-2030
Indonesia agro textiles market, 2018-2030 (US$M)
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Indonesia agro textiles market highlights
- The Indonesia agro textiles market generated a revenue of USD 189.2 million in 2021 and is expected to reach USD 279.8 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 4.4% 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 189.2 million |
| Market revenue in 2030 | USD 279.8 million |
| Growth rate | 4.4% (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, Indonesia accounted for 4.1% 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 |
|---|
Indonesia 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 70.4% in 2021. Horizon Databook has segmented the Indonesia agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
In the past few decades, there has been gradual increase in the use of land for agricultural activities. Agriculture accounted for around 13.7% of Indonesia’s GDP in 2020. Increasing population and urbanization have led to a rise in the consumption of agro and agro-based products in the country.
This has led to the development of policies that will help the country in becoming self-sufficient and maintaining the demand and supply balance in the country. The updated Food Law from 2012 has helped in increasing the agricultural production in the country, however, according to World Bank studies, while the availability of food has improved, the quality and affordability are still low.
Agrotech is a growing sector in the country. The decline in the area of arable land and increased demand for agricultural produce has pushed the country to use other methods to control and improve the production in available land such as additives or agro textiles.
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Our clientele includes a mix of agro textiles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia agro textiles market size, by material, 2018-2030 (US$M)
Indonesia Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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