PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490259
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490259
Agricultural Shade Nets Market size was valued at USD 790.82 Million in 2023, expanding at a CAGR of 11.98% from 2024 to 2032.
Agricultural shade net is a sort of specialist fabric utilized in agriculture to protect and shade plants and crops. It is also known as an agricultural shade net or shade cloth. It is woven from high-density polyethylene (HDPE) or similar materials into a structure that resembles a mesh. The principal function of an agricultural shade net is to regulate the amount of airflow, temperature, and daylight that reaches the plants. It helps provide a regulated climate for crops and reduces the harmful effects of extreme heat, sunshine, wind, and hail. The market for agricultural shade nets is influenced by a number of variables, such as the rise in protected agriculture adoption, the effects of climate change and harsh weather, the growing awareness of crop protection, developments in material technologies, and the growth of the horticulture and gardening industries.
Agricultural Shade Nets Market- Market Dynamics
The market is expanding due to the increasing benefits of using agricultural shade nets.
The industry's revenue growth is anticipated to be driven by the increasing benefits of using agricultural shade nets, which include protection from UV radiation, temperature decreases, increased water retention, and others. The global forecast for agriculture shade nets market is US$ 10,679.8 million in 2023 and US$ 18,242.6 million by 2033. Nets for crop sheds help protect plants from UV rays that can harm them. These are meant to reduce the amount of UV radiation that the crop absorbs and to partially block the sun. The crop's continuous vitality is guaranteed by this type of protection. Additionally, reducing evaporation also helps to increase the crop's water retention. Particularly when the crops are exposed to direct sunlight, the water evaporation rate in the soil increases rapidly. It leaves the soil parched and dehydrates the crops. Shade nets reduce evaporation and ensure that the crop receives the necessary.
Agricultural Shade Nets Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 11.98% over the forecast period (2024-2032)
Based on material segmentation, HDPE Plastic was predicted to show maximum market share in the year 2023
Based on application segmentation, Forestry Nursery was the leading type in 2023
On the basis of region, Asia Pacific was the leading revenue generator in 2023
The Global Agricultural Shade Nets Market is segmented on the basis of Material, Application, Product Type, and Region.
The market is divided into Five categories based on Materials: HDPE Plastic, Synthetic Fiber, PVC, Nylon and Polyethylene Thread. One of the most popular materials in the agricultural shade nets business is HDPE Plastics. High-density polyethylene is a thermoplastic polymer that is well-known for its durability, strength, and resistance to UV degradation. It's a popular method of making agricultural shade nets. HDPE shade nets protect crops from strong sunlight, heat, and adverse weather conditions. They support the creation of a controlled environment that allows plants to grow to their full potential.
The market is divided into four categories based on application: Fruit Tree, Vegetable Crop, Forestry Nursery, and Others. In terms of application, The Forestry Nursery is anticipated to grow at an important rate during the forecast period. In forestry nurseries, shade nets are used to protect young tree seedlings from cold, wind, and bright sunlight. The shade nets create the perfect atmosphere for the growth of seedlings. Additionally, the use of shade netting in forestry nurseries helps to conserve water by reducing evaporation. This is particularly important in places where water is scarce or where efficient water management is highly valued.
Agricultural Shade Nets Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In the Asia-Pacific region, the industry for agricultural shade nets is anticipated to dominate. The region's market expansion is attributed to the expanding agricultural industry, particularly in nations like China and India. The Department of Agriculture and Farmers Welfare reports that approximately 33% of the gross value added (GVA) in the agriculture sector in India comes from the horticulture sector, which contributes significantly to the nation's economy. It ensures the nutritional security of the nation and provides farmers with more income, a wider range of agricultural activities, and alternative rural employment opportunities.
Depending on variables including material, application, product type, and geographic location, the competitive environment in the agricultural shade nets market might change. In general, it consists of both major international firms and minor regional participants. Key companies such as Shree Tarpaulin Industries, Kaveri Agri Products, Garware Wall Ropes Ltd., Agro Shade Nets, Low & Bonar Plc, Shakti Polyweave Pvt. Ltd. And Garware Technical Fibers Ltd. leveraging innovative technologies to covert plastic waste into valuable products. For instance, In November 2021, Garware Wall Ropes Ltd. expanded its production capacity in response to the growing demand for agricultural nets. To improve the quality of its goods, the firm is also investing in new technologies.
In July 2023, the highly effective, patented NorDiVent form-fill-seal (FFS) material was updated by Berry Global's European Flexible Films division and made available in products with up to 50% recycled plastic.
In January 2022, the capacity of Shakti Polyweave Pvt. Ltd. was raised from 22,000 to 32,000 MTPA. It was anticipated that the introduction of a larger capacity would present more chances to broaden its range of products. With the infrastructure and agriculture sectors generating more demand, there were substantial export prospects for SPPL's products.
GLOBAL AGRICULTURAL SHADE NETS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Shree Tarpaulin Industries
Kaveri Agri Products
Agro Shade Nets
Low & Bonar Plc
Shakti Polyweave Pvt. Ltd.
Garware Technical Fibers Ltd.
Fiberweb India Ltd.
Don & Low Ltd.
Freudenberg
JX Nippon, Koninklijke Ten Cate B.V.
UNIMIN India Limited
Neo Corp International Limited
Beaulieu Technical Textiles
B&V Agro Irrigation Co.
Others