Global Agricultural Films Market, By Type (Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Reclaim, Ethylene-Vinyl Acetate (EVA), High-Density Polyethylene (HDPE), Others), Application (Green House Film, Mulching Film, Silage Film), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The agricultural films market is expected to witness market growth at a rate of approximately 6.30% in the forecast period of 2021 to 2028 and is expected to reach USD 14.36 billion by 2028. Data Bridge Market Research report on agricultural films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in food demand owing to rise in population globally is escalating the growth of agricultural films market.
Agriculture films are also called plasticulture which refers to the utilization of plastic materials in numerous agricultural applications. The use of the product has become highly beneficial in overcoming major challenges by converting unproductive deserts into agricultural lands. These films are utilized for enhancing productivity of agricultural land. The films provide several functions including silage, mulching and greenhouse. LDPE, HDPE and EVA/EBA are commonly used in the manufacturing of these films.
The high usage of agricultural films market for covering greenhouses and are wrapped around fodder or placed over soil to improve crop quality and increase overall productivity and the increase in need to increase agricultural productivity to cater the high demand for food act as the major factors driving the agricultural films market. The rise in the number of innovations in the industry such as fluorescent, NIR blocking, ultra violet (UV) blocking and ultra-thermic films and the increasing popularity of biodegradable agricultural films because of their eco-friendliness accelerate the agricultural films market growth. The growing demand for agricultural films as they are known to be flexible and easy to produce material and development of multi-layer, UV protection films and particle in order to enhance agricultural productivity influence the agricultural films market. Additionally, the technological advancements in horticulture, growth population and high food demand positively affect the agricultural films market. Furthermore, the rise in nano greenhouses, increase in the utilization of biodegradable films in developed regions and innovations in agricultural films extend profitable opportunities to the agricultural films market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the installation and negative effects of plastics on the environment are the factors expected to obstruct the agricultural films market growth. The implementation of stringent government regulations regarding usage of plastics and polythene is projected to challenge the agricultural films market in the forecast period of 2021-2028.
This agricultural films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agricultural films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Agricultural Films Market Scope and Market Size
The agricultural films market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the agricultural films market is segmented into linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), reclaim ethylene-vinyl acetate (EVA), high-density polyethylene (HDPE) and others.
- On the basis of application, the agricultural films market is segmented into greenhouse film, mulching film and silage film. Greenhouse film is further segmented into classic greenhouse film, macro tunnel/walking tunnel and low tunnels. Mulching film is further segmented into transparent or clear mulch, black mulch and other mulches. Silage film is further segmented into silage stretch wrap, silage sheet and silage bag.
Global Agricultural Films Market Country Level Analysis
The agricultural films market is analyzed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the global agricultural films market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the agricultural films market due to the favorable government initiatives such as research and development activities in agriculture sector. Europe is expected to witness the fastest CAGR during the forecast period of 2021 to 2028 because of the stringent environmental regulations regarding film disposal and manufacturing and shifting consumer focus towards biodegradable materials in the region.
The country section of the agricultural films market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Agricultural Films Market Share Analysis
The agricultural films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agricultural films market.
The major players covered in the agricultural films market report are Berry Global Inc., KURARAY CO., LTD, Coveris, RKW Group, BASF SE, Dow, Trioplast Industrier AB, Rani Group, The Armando Alvarez, Groupe Barbier, AL-PACK Enterprises Ltd., Exxon Mobil Corporation, Novamont SpA, Britton Group Limited, PLASTIKA KRITIS, Industrial Development Company sal, ACHILLES CORPORATION, POLIFILM (GROUP), Agriplast Tech India Private Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.