Technical textile is the fastest growing sector in global textile industry and sector accounted for close to 10 Mn Tons (19%) of the total fiber consumption for textile uses. Most of the agro textile materials are synthetically produced and utilized in the mode of woven and nonwoven form. The applications of agro textiles is also now widen to protect the agro products like vegetables, plants, flowers and fruits from weather, birds, insects, weed, etc.

Currently, shade net dominates overall demand from agro textile products and offers strong growth potential in the upcoming years. Shade nets are used in various agricultural, animal husbandry, horticulture & floriculture applications. Growing demand for shade nets from various agricultural and nonagricultural sectors is predicted to remain a main aspect for global shade nets market in future.

Based on geography, the global shade nets market is segmented into Europe, North America, Latin America, Asia Pacific and Middle East & Africa. In 2021, Asia Pacific was the largest market for shade nets and region will witness highest growth rate during the projected period of 2023 to 2030.

The market size and forecast of each segment for the period 2020-2030 along with the respective CAGRs for the period 2023-2030 are also presented in this study.

Qualitative information about the market such as market drivers, challenges, opportunities and market inclination insights are analyzed and presented in this market report. Various tools such as attractive investment proposition, market competition, value chain analysis, porter’s five-force model are also included in this study for assessment of market competition. Major players operating in the global shade nets market are also profiled in the report with their business description, financial performance, product portfolio and recent news coverage/business strategies.

The global shade nets market will reach to reach close to US$ 3,000 Mn by 2030.

Shade nets have extensive applications in horticulture and floriculture (Cabbage, Roses, Grapes, Orchids, Pepper, etc.). It is also used for tea plantation, drying process of agricultural products, vanilla cultivation, residential parking lots, cattle sheds, etc. The shade nets are generally used to provide protection for the plants from weather conditions, to reduce water evaporation and to protect crop from wild. Polypropylene or HDPE materials are widely used in knitted or woven form for manufacturing of shade nets. Global shade nets market value is expected to grow at significant rate over the forecast period 2023-2030. In 2021, Horticulture & Floriculture accounted for more than 50% share of the market pie in terms of volume as well as value and offers strong growth potential in upcoming years. Shade nets is most extensively used in Horticulture & Floriculture application owing to wide use in flowers production across the world; more prominently in Asia Pacific and European region. Increasing demand for shade nets especially in Asia Pacific due to rapid growth of population and developing food & beverages industry in emerging economies such as India and China is anticipated to fuel the demand for global shade nets market over the forecast period 2023-2030. Due to increasing export of flowers and vegetables from European and Asian countries horticulture & floriculture is application segment for shade nets market is expected to grow at a highest CAGR by value from 2023 to 2030.

In 2021, Asia Pacific was the largest manufacturing region of shade nets and also largest consumer of shade nets; contributing over 55% to the total global demand for the shade nets. The shade nets market of Asia Pacific region is expected to register the highest growth rate during the forecast period of 2023 to 2030. The reason for this being increasing demand from end-use applications and various schemes run by the growing economies like China and India to promote the use of shade nets in agricultural sector. North America and Europe are matured market for shade nets with market share of more than 15% in terms of value in 2021. North American market is mainly driven by the increasing demand of shade net from the U.S. region. However, as compared to other regions the shade nets market in North America is projected to record a sluggish growth rate during the forecast period of 2023 to 2030. The shade nets market of Europe is also anticipated to experience moderate growth rate. The increasing use of agro textile from horticulture & floriculture segment as growth promoters as part of the EU’s food safety strategy is paving the way for agro textile market to grow in this region, making this market a lucrative for investment in upcoming years.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Shade Nets market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Shade Nets market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Shade Nets market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Shade Nets market?
• Which is the largest regional market for Shade Nets market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Shade Nets market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Shade Nets market worldwide?