Greenhouse Film Market Size Growth Insights Top Countries Data, Industry Share,, Future Business Trends, Upcoming Demand, Innovations and Regional Outlook till 2031

An extensive study offering forecast assessment on Greenhouse Film Market has recently been released by Kenneth research, which is a platform containing market research reports on FMCG, food and beverages. Kenneth Research aims to provide quality reports to its customers and help company investors planning for expansion of their business to take key decisions and form strategies by providing insights with the latest market trends and scope that helps them gain an extra edge over competitiveness in the marketplace.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Greenhouse Film Market products.

Gutter-connected greenhouses became more prevalent in the 1980s and 1990s. These greenhouses have two or more bays connected by a common wall, or row of support posts. Heating inputs were reduced as the ratio of floor area to exterior wall area was increased substantially. Gutter-connected greenhouses are now commonly used both in production and in situations where plants are grown and sold to the public as well. Gutter-connected greenhouses are commonly covered with structured polycarbonate materials, or a double layer of polyethylene film with air blown between to provide increased heating efficiencies. (Wikipedia)

The global greenhouse film market is estimated to reach USD 8.3 billion by 2026 growing at a CAGR of 9.8% during the forecast period, according to a new study published by Kenneth Market Research. The report ‘Greenhouse Film Market Share, Size, Trends, & Industry Analysis Report, By Resin Type (Low Density Polyethylene, Linear Low-Density Polyethylene, Polyvinyl Chloride), By Width (4.5M, 5.5 M, 7M, 9M), By Thickness, By Application, By Regions: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the Low-Density Polyethylene segment accounted for the highest share in the global greenhouse film industry in terms of revenue. North America was the leading contributor to the global market revenue in 2018.

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The increase in the population worldwide and growth in global food demand majorly drives the market growth. The ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, improved crop quality, and increased level of control over crop growth boost the market growth. Growing urbanization, need to enhance agricultural yield, rising investments by government organizations on agricultural schemes, and increasing focus on nutritious food products and indoor farming accelerate the market growth. New emerging markets, technological advancements in farming methods, growing demand and area used for greenhouse protected cultivation would provide growth opportunities in the market in the coming years.

Polyethylene plastic is available in two different strengths; commercial grade for large industrial applications and utility grade for personal use. Polyethylene plastic usually lasts for a year or two. Polyvinyl Plastic is expensive, durable offer high strength. However, the most durable greenhouse plastic is polycarbonate plastic. It is a twin wall, polyethylene plastic that maintains heat and humidity with the ability to last for up to a decade.

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In 2018, North America generated the highest market share in terms of revenue in the greenhouse film industry. The growing urbanization, and rising population has accelerated the market growth in the region. A significant rise in the demand for organic and chemical free food products supports the market growth in the region. The technological advancements in farming methods, and increasing need for controlled environment for high quality crops further improves the market growth rate. Asia-Pacific is expected to grow at the highest rate during the forecast period owing to significant growth of population, government schemes, and strong technical expertise in agricultural practices. Technological advancements and established R&D institutes in China and Japan further supports the market growth.

The well-known companies profiled in the Greenhouse Film market report include Polifilm Extrusion GmbH, Essen Multipack Limited, Ginegar Plastic Products Ltd, Beijing Kingpeng International Hi-Tech Corporation, Thai Charoen Thong Karntor Co., Ltd, Central Worldwide Co., Ltd, Berry Global Group, Inc., The Dow Chemicals Company, Agriplast SRL, and Lumite, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Industry Analysis Covers(TOC):

Greenhouse Film Type Outlook (Revenue, USD Billion, 2015 – 2026)

Greenhouse Film Width Outlook (Revenue, USD Billion, 2015 – 2026)

Greenhouse Film Thickness Outlook (Revenue, USD Billion, 2015 – 2026)

Greenhouse Film Application Outlook (Revenue, USD Billion, 2015 – 2026)

Greenhouse Film Regional Outlook (Revenue, USD Billion, 2015 – 2026)

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