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Overview and Scope
Greenhouse films refer to a smooth plastic that is placed on the roof of the greenhouse to protect the plants inside from the elements. These are used as roofs in greenhouses to shelter the plants inside of greenhouses from the larger world outside. These are also employed to grow plants that need a specially controlled climate to grow.
Sizing and Forecast
The greenhouse film market size has grown strongly in recent years. It will grow from <b>$5.7 billion in 2023 to $6.21 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. </b> The growth in the historic period can be attributed to crop yield enhancement, extended growing seasons, resource efficiency, crop protection, energy conservation.
The greenhouse film market size is expected to see strong growth in the next few years. It will grow to <b>$8.52 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. </b> The growth in the forecast period can be attributed to sustainable agriculture, biodegradable films, vertical farming, global food security, smart agriculture technologies. Major trends in the forecast period include advanced materials, energy-efficient films, anti-reflective coatings, insect and pest control films, vertical farming films
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Segmentation & Regional Insights
The greenhouse film market covered in this report is segmented –
1) By Resin Type: Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA)
2) By Functionality: Diffused GHF, Photo-Selective GHF, Anti-Dirt GHF, Other Functionalities
3 By Width Type: 4.5 Meter, 5.5 Meter, 7 Meter, 9 Meter, Others Width Types
4) By Thickness: 80<200 Microns, 200 Microns, >200 Microns
5) By Application: Vegetable, Fruit, Flower, Others (Transplants and Ornamental)
<b>Asia-Pacific</b> was the largest region in the greenhouse film market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the greenhouse film market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising demand for food production is expected to propel the growth of the greenhouse film market going forward. Food production is the process of producing sellable food items using raw ingredients available from plants and animals. Plastic greenhouses would help to increase and secure the yield. For instance, in April 2022, according to Agriculture Victoria, an Australia-based innovation company for economic growth in Victoria’s agriculture through leading science and strong science capacity data, representing 26.0% of Australian food and fibre export value. Victoria’s food and fibre exports have increased to reach a record $14.5 billion for the 2019–20 period. Therefore, the increase in agricultural production is driving the growth of the greenhouse film market.
Key Industry Players
Major companies operating in the greenhouse film market include <b> BASF SE, Berry Global Inc., EIFFEL Industry Plastics S.p.A, Essen Multipack Limited, Exxon Mobil Corporation, FVG Folien-Vertriebs GmbH, GCR Group, Ginegar Plastic Products Ltd., Iris Polymers Industries Pvt Ltd., Lumite Inc., Plastika Kritis SA, Polifilm Extrusion GmbH, RPC Group plc, Saudi Basic Industries Corporation (SABIC), Sichuan Bozong Greenhouse Co. Ltd, The Dow Chemical Company, Agriplast Tech India Pvt. Ltd., Beijing Kingpeng International Hi-Tech Corporation, Central Worldwide Co. Ltd., Tuflex India, Aserpro S.A., Goutham Plastic (India) Pvt. Ltd., Paklite (Pty) Ltd., Grupo Armando Alvarez, Plastchim-T, D.S.E. Co. Ltd., Arid Agritec, Groupe Barbier </b>
The greenhouse film market report table of contents includes:
1. Executive Summary
2. Greenhouse Film Market Characteristics
3. Greenhouse Film Market Trends And Strategies
4. Greenhouse Film Market – Macro Economic Scenario
5. Global Greenhouse Film Market Size and Growth
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26. South America Greenhouse Film Market
27. Brazil Greenhouse Film Market
28. Middle East Greenhouse Film Market
29. Africa Greenhouse Film Market
30. Greenhouse Film Market Competitive Landscape And Company Profiles
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