Agricultural Films Market size was over USD 13.23 billion in 2024 and is set to cross USD 30.29 billion by the end of 2037, witnessing more than 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of agricultural films is estimated at USD 13.94 billion.
The worldwide increasing population which has further estimated to boost the demand for food is estimated to fuel the market growth during the coming years. As per The World Bank data, the world’s population in 2018 was 7.6 billion and increased to 7.84 billion in 2021. Hence has population is increasing the production of food all across the globe. Food is essential part of population’s life since it provides nutrition to them. However, producing more food is huge challenge for farmers. Hence they are seen adopting more sustainable method of agriculture in order to provide quality food. Hence the adoption for agriculture films is anticipated to increase.
The use of biodegradable films in agriculture, helps to increase crop yield and improve water use efficiency by retaining soil moisture and increasing soil temperature. Therefore, increasing use of biodegradable films and government regulations to use traditional plastic in crop products are major factors expected to rise the farm films market growth during the forecast period. For instance, as per the observations, in 2018 the use of polyethylene plastic film rose the crop yield to 1.5 million cubic tons or over 18 million hectares which is equal to more than 14% of the total fertile land of China. Furthermore, significantly increasing demand to lower the soil erosion and compaction are some further factors that are fueling up the growth of the market over the forecast period.
Author Credits: Rajrani Baghel
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