Silage Film Market size was over USD 2.22 billion in 2024 and is projected to reach USD 4.4 billion by 2037, witnessing around 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of silage film is assessed at USD 2.42 billion.
The growth of the market can be attributed to the skyrocketing livestock population across the globe. For instance, the number estimated for cattle in 2018 was nearly 950 million head which was projected to reach approximately 1000 million head in 2022 across the globe. The increasing population across the world rises the demand for dairy and dairy products, thus resulting in the growth of the market.
Global silage film market trend such as the growing need for permanent pasture is projected to influence the growth of the market positively over the forecast period. As of 2022, only 250,000 hectares of land were being used as permanent pastures in the UK which is expected to witness a decrease over the decade. Silage films are highly utilized by farmers to preserve maize, silage, and hay.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.4% |
|
Base Year Market Size (2024) |
USD 2.22 billion |
|
Forecast Year Market Size (2037) |
USD 4.4 billion |
|
Regional Scope |
|
Type (LLDPE, LDPE, HDPE, EVA/EBA)
The HDPE segment in the silage film market is set to garner a share of 40% over the forecast period. The growth of the segment can be accounted to the growing demand for high-density polyethylene. For instance, the production of HDPE was anticipated to be approximately USD 65 million metric tons in 2022 around the world. The HDPE silage film is recyclable and environmentally friendly which increases the demand for market growth. People are preferring to buy products that are environmentally friendly to reduce the damage caused by greenhouse gases. Also, these films should not contain any non-degradable material as it is hard to decompose into the soil. The cost-effectiveness, mini gas permeability, UV resistance, tear, and puncture resistant, and high stretch ability properties of HDPE are estimated to drive the market growth thereby increasing the growth of the market as per the market analysis.
Film Type (Monolayer, Multilayer)
The multilayer segment is anticipated to hold 80% share of the global silage film market during the forecast period. The multilayer silage is useful to protect the silage from UV radiation, and it also prevents damage from puncture, abrasion, and tearing. The holding and stretching power for multilayer silage are more than for monolayer silage. It can also reduce the storage space by squeezing the silage tight, and the operational cost is also very less as the shelf life of multilayer silage films is more. The adherence properties protect the roll with a well-packaged form. The multilayer silage films are estimated to increase the yield of silage by 30% by reducing waste production by 70%. Also, it is tested that the UV resistance of multilayer silage films was over 150 hours.
Our in-depth analysis of the global silage film market includes the following segments:
|
Type |
|
|
Film Type |
|
|
Application |
|
North American Market Forecast
North America industry is anticipated to hold largest revenue share of 28% by 2037. The growth of the market in the region can be ascribed to the significant expansion in agricultural land. For instance, as of 2019, around 50% of the agricultural land was utilized for arable land crops. Furthermore, ongoing technological advances in the region are also estimated to push the market growth in the region over the forecast period. People are getting more concerned about their health which is rising the demand for organic farms across the region.
APAC Market Analysis
The silage film market in Asia Pacific is anticipated to have significant growth over the forecast period. The rising local production of raw materials in the region decreases the dependency on other regions and the growing agricultural importance is expected to improve the growth of the market. The increasing production of UV-resistant silage films prevents damage even when the silage is left in the sun for longer periods. Silage films are used in farmlands where maize, hay, and forage are highly available and stored. It is observed that in 2019 the Asia region produced about one-third of the maize produced across the world.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?