Greenhouse Film Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Over the years, the world witnessed a rise in population and is continuously growing to create greater demand for food. And the strain on land, which is a limited resource, has also grown. However, the growth of the population outpaced the land growth, thereby reducing the agricultural land per capita. For instance, according to the Our World in Data, the global agricultural land per capita has decreased to 0.6 hectares in 2018 compared to 1.4 hectares in 1961. This reduction in agricultural land has increased the global focus on improving crop yield, thereby increasing the interest of stakeholders to focus on unconventional methods of agriculture which can offer high yield without compromising the nutrient value. One such method is greenhouse farming. A greenhouse is a framed or inflated structure covered with a transparent or translucent material in which both floriculture and horticulture crops can be grown under controlled climate conditions. The transparent or translucent material is nothing but the greenhouse film which helps to increase and secure the yield from the effects of frost, wind, and rain. Therefore, with the increasing adoption of greenhouse farming, the demand for films would increase.

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According to UnivDatos Market Insights (UMI)’ research report “Global Greenhouse Film Market”, the market is expected to showcase a growth of around 8% during the forecast period. Rising focus on improving agricultural productivity, government support for greenhouse farming, and growing demand for greenhouse cultivated crops are some of the key attributable factors to the growth of the market

Based on type, the market is categorized into LDPE, LLDPE, EVA, and others. Among these, LDPE accounted for a significant share in the market and is expected to showcase significant growth during the forecast period. This can be attributed to the low cost of LDPE film. Further, the film provides better thickness, optical properties, and resistance to excess sunlight and the external environment. As a result of which both consumers and manufacturers focus more on LDPE base greenhouse films.

In 2017, Israel based Ginegar Plastic Products Ltd, producer of PE sheets and nets for a variety of applications in the agriculture sector, acquired Flextech, an Italy based plastic films manufacturer for agriculture, wind energy, automotive, manufacturing plants, ship-building, and packaging industries, for USD 7.8 million.

Based on thickness, the market is categorized into 80 to 150 micron, above 150 to 200 micron, and more than 200 microns. Among these, above 150 to 200 microns are likely to showcase robust growth during the forecast period. 150 to 200-micron films are preferred in developed nations of Europe. This range of films provides optimum benefits over others at a considerable price. UV stability for resistance to solar aging, high light transmission, high strength for harsh weather conditions, and additives to ensure good light transfusion are some of its benefits.

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Asia-Pacific accounted for a considerable share of the greenhouse film market

Asia-Pacific accounted for a significant portion of the global greenhouse films market and is expected to showcase robust growth during the forecast period. Countries like China and India are among the largest agricultural crops producers. Further, the large and growing population of the region is increasing the pressure to improve agricultural productivity in order to meet the growing demand. Thereby, creating a large opportunity for the greenhouse farming system and films providers. However, less mechanization rate, low wages in farming activities, and less awareness regarding unconventional techniques are some of the factors which are providing resistance to the market. Although, governments in many countries are supporting greenhouse farming techniques by offering several schemes. In India, the central as well as state or local governments and agriculture bodies provide subsidies. For instance, National Horticulture Board, the regulatory body in India for greenhouse farming, provides a subsidy of 50% on a project of USD 0.15 million (INR 112 lakhs) maximum ceiling per beneficiary. Further, Gujarat Agro Industries Corporation provides a 6% subsidy on loan interest to a maximum limit of USD 5.26 thousand (INR 4 lakhs).

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Greenhouse Film market include The Sherwin Williams Company, Ginegar Plastic Products Ltd., PLASTIKA KRITIS S.A., RKW Group, Berry Global Inc., Grupo Armando Alvarez, Polifilm Extrusion GmbH, Essen Multipack Limited, Agriplast, EIFFEL S.P.A., and Mitsubishi Chemical Agri Dream Co. Ltd. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Greenhouse Film Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.    

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Market Segmentation:

1.     By Type (LDPE, LLDPE, EVA, and Others)

2.     By Thickness (80 to 150 Micron, above 150 to 200 Micron, and more than 200 Micron)

3.     By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

4.     By Company (Ginegar Plastic Products Ltd., PLASTIKA KRITIS S.A., RKW Group, Berry Global Inc., Grupo Armando Alvarez, Polifilm Extrusion GmbH, Essen Multipack Limited, Agriplast, EIFFEL S.P.A., and Mitsubishi Chemical Agri Dream Co. Ltd.)

Key questions answered in the study:

1.     What are the current and future trends of the global greenhouse film industry?

2.     How the industry has been evolving in terms of type and thickness?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global greenhouse film industry?

5.    What are the customer orientation, purchase behavior, and expectations from the global greenhouse film suppliers across various region and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL GREENHOUSE FILM MARKET COVID-19 IMPACT

6 GLOBAL GREENHOUSE FILM MARKET REVENUE (USD MN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY THICKNESS

9 MARKET INSIGHTS BY REGION

10 GREENHOUSE FILM MARKET DYNAMICS

11 GREENHOUSE FILM MARKET OPPORTUNITIES

12 GREENHOUSE FILM MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY-SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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