Tarpaulin sheets have diverse applications across many industries. It is one of the chief drivers of the tarpaulin sheets market, which is expected to remain at a steady growth trajectory between 2021 and 2031. Tarpaulin sheets are used for protecting agricultural produce and plants from the extreme weather conditions like heat, excessive rain, and others. This is expected to create conducive environment for the growth of the market over the forecast period.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for tarpaulin sheets. The report tracks the global sales of tarpaulin sheets in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the packaging industry in general, and tarpaulin sheets in particular.

The tarpaulin sheets market is about to witness an expansion of CAGR 4.4% through 2028. The demand for tarpaulin sheets is surging in the agricultural sector which is thereby escalating production of it. Hoarding tarps segment will drive the market over the forecast period and hold maximum revenue share. Tarpaulin sheets market is flourishing in the Asia-Pacific region, excluding Japan, which is going to bring up an excellent increment opportunity sooner.

“Rapid urbanization and increased concrete construction is boosting the demand for heavy-duty and waterproof tarpaulins. India, Vietnam and China will witness maximum growth in the forecast period due to increased development in agriculture and infrastructure,” states the FMI Analyst.

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Tarpaulin Sheets Market – Key Highlights

• By product type, waterproof and heavy-duty material segment will remain preferred
• China, India and Vietnam hold the maximum market value
• Agriculture, logistics, constructions account for nearly 28% market share in 2019
• Market value to grow by 1.5x through 2028

Tarpaulin Sheets Market – Driving Factors

• Major agricultural and construction industries rely on tarpaulin sheets as they are economical and safe
• Logistics, storage and warehouses continue to create demand for tarpaulin
• Due to rapid urbanization and use of it as a temporary shelter for livestock has increased production therefore, demand is growing briskly

Tarpaulin Sheets Market – Key Restraints

• There are sheets of various degrees and most of them are not easily available which makes the consumer shift to a better alternative
• Not all farm cultivators are able to rely on it, hence, production is reduced

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COVID-19 Market Impact

Covid-19 has definitely posed serious threats on the market due to social distancing measures and reduced production. Though this industry is likely to gain momentum as tarpaulin sheets are irreplaceable commodities and agricultural sector will bring incremental opportunities soon. Now, due to the lockdown ease, infrastructural projects will provide tremendous scope as it offers great protection against bad weather conditions.

Competition Landscape

Tan Dai Hung Plastic JSC., Gia Loi JSC., Tu Phuong Tarpaulin, KSA Polymer, K-TARP VINA Co. Ltd., Vietnam Hoa Ha Co. Ltd., Fulin Plastic Industry Co., Ltd., C&H Tarps Co., Ltd., Veer Plastics, Bag Poly International, Maha Shakti Polycoat., Tara Tradelink are few of the key players in the market. Advancement in quality and availability as a better waterproof and heavy-duty material is where manufacturers are now focussing.

Tier 2 players are working on product innovation and introduction while Tier 3 players are focussing on limited portfolio due to lesser domestic reach.

More on the report

This report analyses various segments of the market on the basis of lamination, basis of type (hoarding tarps, truck tarps, mesh tarps or sports tarps), basis of weight (less than 100GSM, between 300-600 GSM etc.) and end-use (agriculture, automobile, construction) and region.

Key Questions Answered in the Report

• Which is the most lucrative market for tarpaulin sheets?

  APEJ currently leads the global market for tarpaulin sheets market. Sales in China will account for over 60% of total demand throughout the forecast period.

• Which is the top-selling tarpaulin sheet type by lamination?

  3 layered lamination tarpaulin sheets are highly sought-after. However up to 2 layered laminated tarpaulin sheet segment is estimated to showcase a higher rate of growth.

• How are tarpaulin sheets meeting the requirement of end users?

  Tarpaulin sheets are extremely tough and resistant towards environmental changes. They are used both during transportation and for covering cars or other vehicles. Besides these, their demand is rising for application in the agriculture sector.

• Which are some of the leading companies offering tarpaulin sheets?

  Some of the leading companies offering Tarpaulin Sheets are, Puyoung Industrial Corporation, Ltd., Fulin Plastic Industry Co., Ltd., Zhejiang Msd New Material Co., Ltd., Veer Plastics Private Limited, Tan Dai Hung Plastic J.S.CO. and among others.

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