“Increased population and rising food demand drive the surge in greenhouse film market growth.”
The surge in global greenhouse film market expansion is attributed to the escalating population, boosting crop production. With a growing demand for greenhouse-cultivated crops and advancements in greenhouse-protected agriculture locations, the market is witnessing remarkable acceleration.
According to the SNS Insider report, the Greenhouse Film Market Size reached USD 6.50 billion in 2022 and is anticipated to reach USD 11.85 billion by 2030, exhibiting a robust CAGR of 7.8% from 2023 to 2030. The greenhouse film market is experiencing substantial growth attributed to the increasing adoption of greenhouse cultivation techniques for crop production, driven by the need for food security, sustainable agriculture practices, and climate change adaptation. Greenhouse films, also known as plastic films or polyethylene covers, serve as essential components of greenhouse structures, providing protection from adverse weather conditions, pests, and diseases while creating an optimal growing environment for plants. With the rising demand for fresh produce, ornamental plants, and specialty crops year-round, the greenhouse film market is witnessing significant demand from commercial growers, horticulturists, and agricultural enterprises globally.
Market Report Scope:
Greenhouse films, exposed to high UV radiation, play a pivotal role in crop protection, offering controlled environments for optimal growth. Governments worldwide emphasize the responsible use of greenhouse crops. These films manage sunlight, temperature, and physical protection, ensuring quality crops by shielding them from adverse weather conditions. The market is witnessing growth due to the global population surge, increasing demand for high-quality food, urbanization, and government investments in agricultural schemes. The industry caters to diverse climatic conditions and crop needs, providing custom solutions for enhanced agricultural yield.
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Some of the Key Players Included are:
Vis and Son Company Limited (VSC), Thai Charoen Thong Karntor Co. Ltd., Essen Multipack, Central Worldwide Co. Ltd., Ginegar Plastic Products Ltd., Tuflex India, RPC Group plc, Agriplast, Lumite Inc., Beijing Kingpeng International Hi-Tech Corporation, Agriplast Tech India Pvt. Ltd., Vis, and other players.
Market Analysis:
The global Greenhouse Film Market experiences robust growth fueled by rising population, increased food consumption, and a focus on agricultural productivity. Greenhouse films, with UV stabilizing technology, facilitate water conservation and effective crop management during unfavorable weather. Growing demand for nursery-cultivated crops, expanding property area for greenhouse agriculture, and a focus on improving farming yield contribute to the market's upward trajectory. The rising disposable income in emerging countries further enhances dietary changes, increasing the demand for quality food products.
Segment Analysis:
By Type: Low-density polyethylene (LDPE) dominated the market in 2022 due to its superior properties and suitability for adverse climatic conditions.
By Thickness: The 150 to 200 microns segment is growing rapidly, preferred in European countries for UV stability, excellent light transmission, and mechanical properties.
By Application: Flowers and ornamental plants lead, contributing significantly to human life quality and representing a vital economic segment in the ornamental industry.
By Type:
l LDPE
l LLDPE
l EVA
l Others (PVC and EBA)
By Width:
l 4.5
l 5.5
l 7
l 9
l Others (9 to 20-meter)
By Thickness:
l 80 to 150 Micron
l 150 to 200 Micron
l more than 200 Micron
By Application
l Vegetables
l Fruits
l Flowers and Ornamentals
l Others
Key Regional Development:
Asia-Pacific led the global greenhouse film market due to a high population, escalating food demand, and significant agricultural pressure. China, a prominent producer and consumer, propels the region's growth. Europe holds the second-largest market share, with Germany leading and the UK exhibiting the highest growth in the European region.
Key Takeaway for Greenhouse Film Market Study:
· The global greenhouse film market is poised for exponential growth driven by technological advancements and increasing awareness of sustainable agriculture.
· Asia-Pacific emerges as a key player, fueled by its large population and rising demand for food.
· Innovative solutions in greenhouse film technology are reshaping the agricultural landscape, ensuring food security for a growing global population.
Recent Developments:
· In October 2023, Grupo Armando Alvarez and RedSea joined forces for an exclusive collaboration on intelligent greenhouse covers.
· In November 2023, Berry Global launched a high-performance version of Omni® Xtra polyethylene cling film for fresh food applications, providing an eco-friendly alternative to traditional PVC cling films.
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