The greenhouse film market is estimated to reach US $ 14.20 billion by 2030, from a market value of US $ 7.06 billion in 2022, and is expected to grow at a CAGR of 10.3% during the 2022-2030 forecast period.
Greenhouse films control the amount of sunlight and the temperature of the greenhouse. It is used to cover plants that grow in greenhouses. It is used to maximize the amount of light entering the interior and also helps to minimize the intrusion of other harmful environmental factors and weather conditions such as heavy rains, strong winds, fluctuating temperatures and snow. increase. Increased government spending on agricultural programs to maximize food production through greenhouses, and growth in greenhouse film technological advances are several key factors driving the growth of the greenhouse film market during the forecast period. ..
By adopting technologies such as greenhouses, the demand for agricultural productivity can be increased. Greenhouse films improve crop quality and agricultural productivity by reducing soil erosion, increasing soil temperature, controlling weed growth and providing nutrients. Therefore, the growing demand for agricultural productivity plays an important role in the growth of the greenhouse film market. Advances in new technologies, such as UV-stabilized pressure-protected greenhouse-grown plants, will also serve as a driving force for the growth of the global greenhouse film market. Greenhouse agriculture is also effective in saving water and benefits traditional agriculture. This will lead to the growth of the global greenhouse film market. However, the high cost of installation and the negative impact of plastics on the environment could curb the growth of the global greenhouse film market during the forecast period.
Greenhouse film market segment
The greenhouse film market is by thickness (80-150 micron, 150-200 micron, 200 micron or more), resin type (LDPE, LLDPE, EVA, etc.), width (4.5 M, 5.5 M, 7 M, 9 M). Etc.), and divided by region. These segments are further subsegmented based on a variety of factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
Regional overview of the greenhouse film market
North America is the world’s leading region. This is due to the increase in greenhouse cultivation. The growing need for suitable environmental conditions is driving the requirements for greenhouse films in the region. Meanwhile, the Asia Pacific greenhouse film market is the fastest growing market during the forecast period. This is due to the large population demanding even higher food demands than in other parts of the world.
These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore and other Asia Pacific); Latin America (Brazil, Mexico, Argentina and others) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.
A major key player in the greenhouse film market
Key players in the greenhouse film market include Ginegar Plastic Products Ltd., Plastika Kritis SA, RKW Group, Armando Alvarez Group, Berry Global Inc., Polifilm Extrusion Gmbh, Essen Multipack Limited, Agriplast, Eiffel Industria Materiale Plastiche SPA, AA. There are Politiv and so on. The study includes a detailed competitive analysis of these leading companies in the greenhouse film market, corporate profiles, recent developments, and key market strategies.