Agricultural Films Market Trends

  • Report ID: 2739
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Agricultural Films Market Trends

Growth Drivers

  • Rising Use of Greenhouse Films – With rapid urbanization, agricultural land scarcity was created. But the population is growing each year, and the sudden occurrence of the pandemic made the situation worse. All these are estimated to raise the demand for greenhouses owing to agricultural films market growth. For instance, greenhouse films are 100% eco-friendly, renewable, and have more than 4 years of durability.
  • Increasing Use in Fruit and Vegetable Cultivation – Film farming methods are estimated to utilize less than 90% of water compared to conventional farming methods.
  • Increasing Controlled Agriculture Owing to Lack of Agricultural Land – For instance, current operating indoor farms across the world reached 17 million square feet in 2021 and are estimated to reach 22 million square feet in 2022.
  • Increasing Weeds in Crop – Mulch film with 2-methyl-4-chlorophenoxyacetic acid (MCPA) effectively prevented the growth of broadleaf weed species with only 1% MCPA concentration with sustainable release.
  • Increasing Nano Greenhouse for More Agricultural Productivity – For instance, nano greenhouses increase plant development by increasing natural warming and rises productivity by over 28%.

Challenges

  • Pollution and Global Warming Risk - Plastic is progressively have been used in agricultural production. These films are used as silage and stretch films, as well as mulching films, to restrict weed development, raise soil temperatures, and reduce soil water evaporation, as well as topsoil and nutrient losses after heavy rain. These variables boost agricultural yields, extend the growing season, and lower the need for irrigation, fertilizer, and pesticide treatments. Plastic mulch films, on the other hand, have been discovered to be a major source of macro- and micro plastic pollution and global warming, and their extensive and long-term use, along with a lack of organized collection and management, leads to their accumulation in soils. Therefore, this factor is estimated to hinder the market growth over the forecast period.
  • Disruption of Raw Materials During COVID
  • Rise of Volatile Petrochemical Prices

Agricultural Films Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.8%

Base Year Market Size (2024)

USD 13.23 billion

Forecast Year Market Size (2037)

USD 30.29 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 2739
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of agricultural films is estimated at USD 13.94 billion.

The 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. Rising use of films in greenhouses and increasing weeds in crop will boost the market growth.

Asia Pacific industry is projected to hold the largest revenue share by 2037, on the back of increasing interest in greenhouse production or protected agriculture, in which the use of greenhouse film is significantly rising, along with the rising population in the region.

The major players in the market include Berry Global Inc., BASF SE, The Dow Chemical Company, Trioplast Industrier AB, Ab Rani Plast Oy, Britton Group Inc., Plastika Kritis S.A., Industrial Development Company sal, Coveris Management GmbH, RKW Group.
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