Latin America Agro Textiles Market Size & Outlook
Latin America agro textiles market, 2018-2030 (US$M)
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Latin America agro textiles market highlights
- The Latin America agro textiles market generated a revenue of USD 350.5 million in 2021.
- The market is expected to grow at a CAGR of 4.9% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 350.5 million |
| Market revenue in 2030 | USD 540.8 million |
| Growth rate | 4.9% (CAGR from 2021 to 2030) |
| Largest segment | Synthetic fibers |
| Fastest growing segment | Natural Fibers |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Latin America region accounted for 7.6% of the global agro textiles market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,506.3 million by 2030.
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Agro Textiles Market Scope
Agro Textiles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 69.76% in 2021. Horizon Databook has segmented the Latin America agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South America agro textiles market is likely to grow significantly over the forecast period owing to the rising product demand from agriculture and fishing industries. High consumer awareness regarding agro products is expected to have a positive impact on agro textile market over the forecast period.
The agro textile market in major exporting countries in Central & South America such as Brazil and Argentina is expected to exhibit rapid development owing to the increasing production of agricultural products such as coffee, cacao, bananas, and soya. Brazil and Argentina are anticipated to dominate the region in terms of net export owing to high grain, cereals, oilseed, and animal protein exports.
The large farms raise demand for products like shade nets, plant nets, bird nets, insect nets, hail protection fabrics, rain protection fabrics, wind control fabrics, and harvesting nets, so as to provide quality products with minimal cultivation cost.
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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 continent-level data and insights on the Latin America agro textiles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America agro textiles market size, by country, 2018-2030 (US$M)
Latin America Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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