Report ID: SQMIG25K2072
Report ID:
SQMIG25K2072 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
61 |
Figures:
75
In 2021, the Asia Pacific region dominated the global agro textile industry. The region's high share is driven by the growing demand for agro products due to a rise in population and changing consumer preferences. North America's diverse economy, supported by developed economies such as the U.S. and Canada, is also contributing to the industry's growth. Furthermore, increasing research and development activities into sustainable agricultural practices and the rising affinity for organic products are expected to boost the industry in the forecast period.
In Europe, the demand for agro textiles in the agriculture industry is expected to increase due to the rising efforts by governments to boost agricultural yield. However, climate change, concerns over environmental sustainability, and competition for scarce resources such as water are limiting agricultural productivity in the region. The Central and South America region is expected to grow significantly during the forecast period due to increasing demand from the agriculture and fishing industries. Moreover, high consumer awareness regarding agro products is expected to have a positive impact on the regional market during the forecast period.
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Report ID: SQMIG25K2072