Greenhouse Film Market size was valued at USD 9.93 billion in 2024 and is expected to exceed USD 31.47 billion by the end of 2037, registering over 9.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of greenhouse film is evaluated at USD 10.67 billion.
The primary growth factor for the expansion of the greenhouse film market size is the increase in the area designated for greenhouse crop cultivation. As per a recent report published, the greenhouse vegetable cultivation area was calculated to be around 500,000 hectares, or 12,390,000 acres, across the world in 2019. Besides, the growing controlled agriculture and the use of technologies such as greenhouses to meet the need for agricultural products are estimated to propel market growth.
In recent times, there has been an increased preference for greenhouse cultivation across the globe. The rising number of farmers is projected to be a driving factor for the growth of the greenhouse film market. As of 2021, it was estimated that there were around 150 million farmers in India. Increasing R&D activities to improve agricultural film sheets such as UV protection, NIR blocking, ultra-thermic and fluorescent rise the growth of the greenhouseplastic market.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
9.2% |
Base Year Market Size (2024) |
USD 9.93 billion |
Forecast Year Market Size (2037) |
USD 31.47 billion |
Regional Scope |
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Application (Manufacturing, Construction, Mining, Oil, Gas)
The greenhouse film market is segmented and analyzed for demand and supply by application into manufacturing, construction, mining, oil and gas, and others. Out of this, the oil and gas segment is anticipated to garner the highest revenue by 2037, owing to the growth in the oil and gas industry. The oil & gas industry is considered to be one of the largest sectors in the world in terms of revenue. Revenue generation is expected to reach USD 5 trillion by 2022.
Our in-depth analysis of the global greenhouse film market includes the following segments:
By Resin Type |
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By Thickness |
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By Width Type |
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By Functionality |
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By Application |
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The region greenhouse film market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The primary growth factor for the increased sale of greenhouse films market is the high employment in the agricultural sector and increasing demand for food in the region. As per a recent study, in India, the total employment in agriculture has gone up from 36% in 2017-18 to 37% in 2018-19 and then to 38% in 2019-20. The large agricultural land in the region is another growth factor that is estimated to bolster market growth. According to the World Bank, East Asia and the Pacific had 47.7% of the agricultural land in 2018.
RKW Group’s facility in Sachsen-Anhalt has been acquired by the Bad Essen-based AGRO Group to produce spunbond nonwovens.
Berry Global Inc. has entered into a partnership with McCormick to manufacture 100% packaging that can be recycled, repurposed, or reused.
Author Credits: Nilanjana Ray
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