North America Agro Textiles Market Size & Outlook
North America agro textiles market, 2018-2030 (US$M)
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North America agro textiles market highlights
- The North America agro textiles market generated a revenue of USD 759.1 million in 2021.
- The market is expected to grow at a CAGR of 3.5% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 759.1 million |
| Market revenue in 2030 | USD 1,038.3 million |
| Growth rate | 3.5% (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, North America region accounted for 16.4% 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 |
|---|
North 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 67.65% in 2021. Horizon Databook has segmented the North America agro textiles market based on synthetic fibers, natural fibers covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of developed economies such as the U.S. and Canada aids the North American economy in showcasing high diversity. Research & development into more sustainable agricultural practices and increasing affinity toward organic products are expected to drive the market over the forecast period.
The demand for agro textiles in farming practices has witnessed a rise in end-use industries such as horticulture, animal husbandry, and aquaculture. Increasing focus on healthy living has changed consumer preferences for organic and natural products in all areas, ranging from clothes to pharmaceuticals & cosmetics.
The demand for high-quality agro products for direct consumption has also increased, resulting in the rise in agricultural practices that increase the yield and quality of crops. The increase in productivity and precision due to the use of agro textiles is a major factor driving the market.
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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 North America agro textiles market , including forecasts for subscribers. This continent databook contains high-level insights into North America agro textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America agro textiles market size, by country, 2018-2030 (US$M)
North America Agro Textiles Market Outlook Share, 2021 & 2030 (US$M)
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