Mexico Agro Textiles Market Size & Outlook, 2021-2030
Mexico agro textiles market, 2018-2030 (US$M)
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Mexico agro textiles market highlights
- The Mexico agro textiles market generated a revenue of USD 140.2 million in 2021 and is expected to reach USD 201.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.1% 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 140.2 million |
| Market revenue in 2030 | USD 201.7 million |
| Growth rate | 4.1% (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, Mexico accounted for 3.0% 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 |
|---|
Mexico 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 66.9% in 2021. Horizon Databook has segmented the Mexico agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
Governmental policies have helped small-scale Mexican producers to increase yield and become self sufficient in basic agricultural products with the help of programs and incentives. This is expected to boost the use of agro textiles to enhance crop growth and help farmers with alternative farming practices.
Before the onset of the pandemic, there was a rise in the adoption of a healthy lifestyle, increasing the demand for organic and naturally made products for direct consumption. This trend was driven by the increasing disease incidences such as obesity and hypertension, which were further aggravated due to the side effects of the COVID-19 pandemic.
This affinity toward healthy living has made Mexico a lucrative market organic product, thereby increasing the need for agricultural produce to manufacture these organic products. The consumption of packaged foods has also seen a rise in the region, which has led farmers into looking for alternatives to increase crop yield.
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Target buyers of Mexico agro textiles market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico agro textiles market , including forecasts for subscribers. This country databook contains high-level insights into Mexico agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico agro textiles market size, by material, 2018-2030 (US$M)
Mexico Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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