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Greenhouse Film Market Analysis | 2024-2030
Greenhouse Film Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2024-2030
The greenhouse film market was estimated at USD 6.85 billion in 2023 and is likely to grow at a CAGR of 7.66% during 2024-2030 to reach USD 11.51 billion in 2030.
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Greenhouse film, also known as agricultural or polyethylene film, is a crucial component in modern agriculture and horticulture. It is a specialized plastic covering that creates controlled environments within greenhouse structures. The primary purpose of a greenhouse film is to regulate temperature, humidity, and light conditions for optimal plant growth. This film is typically made of high-density polyethylene (HDPE) or low-density polyethylene (LDPE) and comes in various thicknesses and compositions to suit different agricultural needs.
Several drivers contribute to the widespread use of greenhouse films in agriculture:
Firstly, they provide a cost-effective means of extending the growing season and protecting crops from adverse weather conditions, pests, and diseases. Secondly, greenhouse films contribute to resource efficiency by reducing water usage through controlled irrigation systems and minimizing the need for chemical pesticides. Additionally, they help conserve energy by trapping heat and reducing heating costs during colder seasons.
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The following are the key players in the greenhouse film market:
Note: The above list does not necessarily include all the top players in the market.
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|
Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
|
Type Analysis |
LDPE, LLDPE, EVA, and Others |
LDPE is anticipated to remain the biggest demand generator in the years to come. |
|
Thickness Analysis |
80 to 150 Micron, 150 to 200 Micron, and more than 200 Micron |
150 to 200 Microns is expected to be the fastest growing thickness type. |
|
Regional Analysis |
North America, Europe, Asia-Pacific, and The Rest of the World |
Asia-Pacific is expected to remain the largest and fastest growing market over the next five years. |
"LDPE is expected to remain the largest and fastest-growing type in the market during the forecast period"
Based on the type, the greenhouse film market is segmented into LDPE, LLDPE, EVA, and Others. LDPE is expected to remain the largest and fastest-growing type in the market during the forecast period owing to exceptional light transmission properties. They allow a higher percentage of natural sunlight to penetrate the film, essential for photosynthesis and plant growth. This enhanced light transmission can lead to improved crop yields and better-quality produce, making LDPE films particularly attractive to growers aiming for high-quality harvests. Additionally, LDPE films are lightweight and flexible, making them easy to handle during installation and maintenance.
"150 to 200 Micron is expected to remain the dominant as well as the fastest-growing market during the forecast period"
Based on the thickness type, the market is segmented into 80 to 150 Micron, 150 to 200 Micron, and more than 200 Micron. 150 to 200 Micron is expected to remain the dominant as well as the fastest-growing thickness type, as it offers enhanced durability and longevity. They are thicker and more resistant to wear and tear, making them well-suited for long-term use in greenhouse structures. This durability results in reduced maintenance and replacement costs for growers, adding to the overall cost-effectiveness of these films.
"Asia-Pacific is expected to remain the largest market for greenhouse films during the forecast period"
In terms of regions, Asia-Pacific is expected to remain the largest market for greenhouse films during the forecast period. This region has a rapidly growing population and increasing urbanization. This demographic shift is leading to higher demand for fresh and locally sourced produce. Greenhouse films enable year-round cultivation, allowing farmers to meet this growing demand for vegetables, fruits, and ornamental plants, especially in densely populated urban areas where traditional agriculture may be limited.
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The greenhouse film market is segmented into the following categories:
By Type
By Width Type
By Thickness Type
By Region
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Company Profiling
Competitive Benchmarking
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Greenhouse film, also known as agricultural or polyethylene film, is a crucial component in modern agriculture and horticulture. It is a specialized plastic covering that creates controlled environments within greenhouse structures. The primary purpose of a greenhouse film is to regulate temperature, humidity, and light conditions for optimal plant growth. This film is typically made of high-density polyethylene (HDPE) or low-density polyethylene (LDPE) and comes in various thicknesses and compositions to suit different agricultural needs.
The greenhouse film market was estimated at USD 6.85 billion in 2023.
The greenhouse film market is likely to reach USD 11.51 billion in 2030.
Asia-Pacific is estimated to remain the fastest-growing market for greenhouse film in the foreseeable future.
LDPE is expected to remain the largest and fastest-growing type in the market during the forecast period.
The greenhouse film market is likely to grow at a CAGR of 7.66% during 2024-2030.
Ginegar Plastic Products Ltd., Plastika Kritis S.A., RKW Group, Berry Global Inc., and Grupo Armando Alvarez are the leading players in the greenhouse film market.
The major factors driving the growth of the greenhouse filmmarket are they provide a cost-effective means of extending the growing season and protecting crops from adverse weather conditions, pests, and diseases & greenhouse films contribute to resource efficiency by reducing water usage through controlled irrigation systems and minimizing the need for chemical pesticides.
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