Global Greenhouse Films Market size stood at US$ XX Bn 2019 and is expected to reach US$ X.45 Bn by 2027, at a CAGR of X.24% during a forecast period.
Global Greenhouse Films Market
The greenhouse films are mainly popular to boost the crop production, when the covering comes in contact with high UV radiation it green film creates a protection layer on the surface and support to protect the soil chemical disinfection and crop protection. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Globally, greenhouse films market was XX% CAGR in the year of 2019 and expected to show constant growth, since requirement from various end users for greenhouse films is high will contribute for the global greenhouse films market during the forecast period.
Europe greenhouse films market size was valued at US$ X.73 Bn and is projected to register a revenue-based CAGR of XX% over the forecast period. Cost of greenhouse films varies as per product for instance, high quality agricultural vegetable tunnel plastic film cost nearly US$ 10-20/ square meter.
Greenhouse films have many properties that make it useful as a covering for greenhouses, ongoing demand from the agricultural sector to protect their plat and crops from wind, UV radiation and other seasonal factor is boosting the market growth globally. Characteristics of greenhouse films includes, elongation at break, tensile strength, low temperature impact and adhesion properties of the material used in the making of greenhouse films are attracting the investment and same is expected to fuel the market growth by 2027.
Development and adoption of developed technology by end user is contributing to the market growth is expected to drive the growth in terms of value and volume. Coextrusion technology is helping to improve the technology involved in the UV stability of films is highly adopted by the manufacturer at the work place. Trend towards indoor farming and nutritious foods result in lack of land will generate huge demand for the marker by 2027. Greenhouses provides better crop quality than conventional agriculture over an increased level of control through their growth and minimizing pest activity by the use of artificial lights. Preference of greenhouse films over conventional method is considered as major growth driver for the market.
Moreover, presence of substitutes and fluctuation in the material price most likely to hinder the market growth in coming years.
Greenhouse Films Market Segment analysis
In terms of type, LDPE sector is expected to dominate the market during the forecast year and was valued at US$ XX Bn in the year of 2019. LDPE have properties like better thickness, resistance to excess sunlight, external environment and optical property, thus increasing demand for the high quality films to endure adverse climatic conditions expected to provide push to greenhouse film market in terms of growth. Asia Pacific region has been witnessing fastest adoption of the greenhouse films, owing to noteworthy growth in technical expertise in agriculture sector, government contribution and significant growth in population. Moreover, greater transparency, flexibility and inexpensive as compared to other polymer films are some of the strengths are helping global greenhouse films market to grow with agriculture industry. LDPE produces no toxic gases or fumes on burning and helping suppression of no plasticizers and no heavy metals use is attracting the key players present in the market.
Greenhouse Films Market Regional analysis
Regionally, Asia-Pacific region stands to record fastest growing market for greenhouse film. Factors to boost the greenhouse agricultures owing to the increasing need for appropriate environmental conditions have been driving the greenhouse film requirements. Asia Pacific have registered a lucrative growth in 2019 at an estimated CAGR of XX% with market share of 45%.
In China, the agriculture industry has been continuously transforming with the time span with the new technologies stimulating all-round development of forestry and farming. Accordingly, promoting the agriculture industry, which in turn will push the market for greenhouse films. India is the largest producer of tea, spices, pulses, and the second largest producer of rice, wheat, vegetables and fruits has heightened the market demand in India, and simultaneously expected to boost the greenhouse film market in Asia Pacific region
The objective of the report is to present a comprehensive analysis of the Global Greenhouse Films Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Greenhouse Films Market dynamics, structure by analysing the market segments and project the Global Greenhouse Films Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Greenhouse Films Market make the report investor’s guide.
Scope of Greenhouse Films Market
Global Greenhouse Films market, By Type
Global Greenhouse Films market, By Thickness
• <200 Microns
• 200 Microns
• >200 Microns
Global Greenhouse Films market, By Application
• Flowers and Ornamentals
Global Greenhouse Films market, By Region
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Greenhouse Films Market,
• Beijing Kingpeng International Hi-Tech Corporation
• POLIFILM EXTRUSION GmbH
• Agriplast Tech India Pvt. Ltd. (India)
• Thai Charoen Thong Karntor Co. Ltd
• Vis and Son Company Limited
• Central Worldwide Co. Ltd
• Ginegar Plastic Products Ltd
• Grupo Armando Alvarez
• Fvg Folien Vertriebs
• Plastika Kritis
• Bpi. Visqueen
• RPC Group plc
• Agriplast (Italy)
• Essen Multipack
• A.A Politiv
• RKW SE
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