According to Research Study published by Custom Market Insights (CMI), The global agriculture nets market presented a growth of USD 9 billion by 2021 and is expected to hit around USD 15.1 billion by 2030 with a growth rate of 6% by the end of 2030. Agricultural nets have emerged as an important component for the field of agriculture pertaining to the factor of protection that it provides to the crops and the soil which helps in increasing the total productivity of all farming.
The huge number of individuals all over the world who are involved in the business of farming has boosted the demand for advanced agricultural nets. This product has been utilized by the marine industry as well for the purpose of fishing which has also seen a tremendous boost in recent times and is expected to grow during the future as well and hence support the growth of the market considerably. The demand for high-quality sustainable agricultural nets has boosted the market for agricultural nets.
Browse the full “Agriculture Nets Market Market Size, Trends and Insights By Material (Natural fibers, Synthetic fibers), By Type (Nonwoven, Knitted, Woven, Others), By End User (Shade net, Antihail nets, Mulch net, Anti insect nets, fishing net, packing net, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” report at https://www.custommarketinsights.com/report/agriculture-nets-market/
Market Dynamics
Drivers
The rapid usage of this product in the field of floriculture and horticulture has emerged as a major driving force for the growth of the agricultural nets market which is expected to grow in the future as well. Extreme sunlight and strong winds tend to hamper the quality of agricultural produce and hence it needs strong protection which is provided with the help of agricultural nets.
The marine industry also emerges as a major driving force for the growth of the market pertaining to the presence of moisture and water which has increased the demand for the synthetic type of agricultural nets which is resistant to these factors. The increasing demand for food security all over the globe has emerged as a major reason for the demand for agricultural nets among potential consumers.
Restraints
The increasing demand for environmentally sustainable products among potential consumers has emerged as a major restraining factor for the growth of the agricultural nets market. The rising tension for the amount of waste material that is collected in the sea beds has discouraged the usage of synthetic agricultural nets. The rules and regulations which have been imposed by the government on the usage of synthetic materials in the market have proved to be another major restraining factor for the growth of the market. The outbreak of the COVID pandemic had a considerable impact on the growth of the market pertaining to the shortage of raw materials in the market.
Opportunities
The increasing trend of rooftop agricultural practices has boosted the demand for agricultural nets that provide protection against strong winds and extreme climatic conditions. The increasing demand for protein and energy has boosted the market for the marine industry which has in turn benefited the agricultural nets market as well. The rapid research and development programs carried out by the key market players for developing advanced agricultural nets have emerged as a major opportunity for the growth of the market.
Challenges
The high cost associated with the use of advanced agricultural nets imposes an additional cost on the local farmers and hence has a negative impact on the growth of the market. Increasing awareness among the people regarding the protection of the environment has discouraged potential consumers from using synthetic types of agricultural nets. The outbreak of the pandemic challenged the growth of the agricultural nets market due to the shortage of raw materials and transportation systems. These multiple reasons have emerged as the challenges to the growth of the agricultural nets market during the forecast period.
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Report Highlights
On the basis of material, the segment of synthetic agricultural nets has emerged as the largest global market pertaining to the durability and sustainability of the products. The strength of synthetic nets is considerably higher compared to the other natural options available in the market. Synthetic agricultural nets have provided great resistance against water and hence can be used by the marine industry on a large scale. On the basis of type, the segment of knitted agricultural nets has emerged as the largest global market pertaining to the high quality of nets that are provided by this segment.
The knitted pattern of agricultural nets can be used for a longer period of time and hence helps to make it extremely cost-effective. On the basis of end-user, the segment of the fishing industry has emerged as the largest market player pertaining to the huge number of agricultural nets that are utilized by the fishing industry which require high resistance against water and strength. The huge size of the agricultural nets helps to provide a suitable option for the fishing industry and hence is seeing tremendous demand in recent times which is expected to grow further as well. On the basis of geography, the region of Asia Pacific has emerged as the largest market player pertaining to the huge demand for advanced agricultural nets by the agro-industry as well as the fishing industry.
Regional Snapshots
On the basis of geography, the region of Asia Pacific has emerged as a leading market player due to the huge demand for agricultural nets in this particular sector of the world pertaining to the huge number of people that are involved in the profession of farming. The extreme climatic conditions which exist in this part of the world have emerged as a major driving force for the high demand for advanced agricultural nets by the people.
Key Market Players
- TenCate Industrial Fabrics
- Garware Technical Fabrics
- Freudenberg Performance Materials
- Beaulieu Technical Textiles
- Belton Industries, Inc.
- Diatex SAS
Table of Contents: https://www.custommarketinsights.com/report/agriculture-nets-market/#table-of-contents
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