The global geotextile tubes market is on track for substantial growth, with projections estimating it will surge from $3.3 billion in 2019 to $7.2 billion by 2027, growing at a compound annual growth rate (CAGR) of 10.0% during the forecast period (2020–2027), according to Allied Market Research.
Market Growth Drivers:
- Increasing demand from emerging economies
- Rising adoption of nonwoven geotextiles due to cost-effectiveness and high functionality
- Growing focus on sustainable technologies across industries
However, environmental concerns regarding toxic waste from certain geotextile applications may pose challenges to market growth.
Market Breakdown:
By Type:
- Nonwoven geotextiles dominated in 2019, contributing nearly 60% of global revenue and are forecast to grow the fastest (CAGR of 10.2%) due to their use in disposables, industrial applications, and durable goods.
By End-Use Industry:
- Wastewater treatment was the largest segment in 2019, driven by stricter regulations and the rising use of geotextile-based dewatering solutions.
- The marine sector is expected to see the fastest growth (CAGR of 11.7%) due to expanding applications in artificial reefs, bund walls, and coastal infrastructure.
Regional Highlights:
- Asia-Pacific led the market in 2019 with over one-third of the global share and is expected to maintain its lead with the highest CAGR of 10.7%, supported by government initiatives and strong demand for agro-textiles.
- North America will see consistent growth (CAGR of 9.3%), powered by investments in coastal protection and infrastructure development.
Major Market Players:
- TechFab India Industries Ltd.
- Flexituff Ventures International Ltd.
- Koninklijke TenCate
- Ace Geosynthetics
- Huesker
- Low & Bonar
- Officine Maccaferri
- NAUE GmbH & Co.
- Geofabrics Australasia Pty Ltd.
- Fibertex Nonwovens