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Farmers can reduce animal forage losses and stop reductions in nutritive value during forage harvest and storage by adopting simple methods such as using bale net wrap. The snowballing production of animal feed and rising concerns regarding the loss of stored animal forage is expected to boost the demand for bale net. The post-harvest losses of animal feed have an immense effect on feed quality and quantities, so growers prefer to invest in bale net to reduce the animal feed losses.
The prominent players operating in the market are embarking on the launch of new and innovative bale net to reduce the animal feed losses and to increase their market prominence. Plastic bale net is popularly used for the wrapping of round straw or hay bales due to its various benefits. For instance, the usage of plastic bale netting can help in increasing productivity, reducing crop losses and easing transport.
The usage of bale net can help in worry-free storage of the animal forage and improves its quality and appearance, which is predicted to boost the demand for bale net in the forthcoming years. The net wrapped bales have greater aesthetical appeal and marketability, particularly net wrap that covers the bale edges. Net wrapped bales offers ease of transport and handling, especially round bales of chopped straw where the chances of wastage and spoilage are more due to chopped straw. The ease of transportation and handling offered by bale net wrap is predicted to drive the global market of bale net. Furthermore, a study conducted by the American Society of Agricultural and Biological Engineers (ASABE) shows bale production increased an average of 32 percent per bale when net wrap was applied instead of twine. The players operating in the bale net market are focused on the research and development of better bale net quality material such as high-density polyethylene net wrap which can increases the protective characteristics of net even more, because it minimizes stretching. The increasing innovation in the global bale net market is further expected to contribute in enhancing the bale net market growth in the forthcoming years.
The low acceptance of extruded bale net within emerging countries due to its high price is predicted to hamper the market growth.
Key Market Driver -
Amplifying Concerns Regarding the Post-harvest Losses of Animal Feed
Key Market Restraint -
High Price of the Product
The prominent players operating in the global bale net market are Tenax Corporation, KARATZIS S.A., RKW Group, Tama Group, UPU Industries, Bridon Cordage, Piippo Oyj, Qingdao Agri, Syfilco, Changzhou LiBo, , and Others.
Knitted bale net is predicted to hold a significant share in the global market of bale net. Knitted bale net is a cost-effective and easy option for the wrapping of bales. Knitted bale net can provide effective leaf retention and it’s suitable for all types of bales (hay, silage, straw) which are expected to boost the demand for knitted bale net. Extruded Bale Net is appropriate for all types of bales (hay, silage, straw) under all weather conditions. The application of extruded net bales can also enhances water shedding ability and helps in reducing crop losses during transport. These aforementioned factors are predicted to boost the demand for extruded bale net in forthcoming years.
The increasing demands for animal fodder due to their increasing population is gravitating farmers to utilize various technique to reduce the post-harvest losses of animal fodder such as utilizing hay bale net wrap. For instance, in December 2017, according to the Department for Environment Food & Rural Affairs, livestock fodder manufacturing in the U.K. raised by 6.6% for cattle and 10% for sheep. Furthermore, the deteriorating soil productiveness and growing soil damage continue to limit animal forage yields worldwide which are expected to boost the demand for materials which can help to reduce the post-harvest losses of animal hay.
North America is predicted to witness roust growth in the global market of bale net. The well-established agriculture sector within the region coupled with the prominence of various market players such as Tenax Corporation, Bridon Cordage, and others are predicted to play a crucial role in the expansion of market across the region. The shrinkage of land for grazing animals and increasing concerns over animal health are also predicted to boost the sale of bale net within the region to reduce forage wastage.
Asia Pacific is projected to witness substantial growth in the global bale net market. The rising incidence of post-harvest animal forage losses due to rain is predicted to boost the demand for bale net. The increasing demand for animal forage due to rising production of animals is expected to boost the sale of forage protecting materials such as bale net. The net wrapped bales have better aesthetical appeal and marketability which is attributed to the high profit margin; as a result the application of bale net is predicted to increase in the forthcoming years.
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