Press release
Greenhouse Film Market Projected To Be Worth US$ 6,900 Mn by 2025
Greenhouse films are used to cover greenhouse structures in order to generate suitable conditions for cultivation of crops against adverse environmental settings. The global greenhouse films market can be segmented based on type of resin, thickness, application, and geography. In terms of type of resin, the greenhouse film market can be divided into LDPE, EVA/EBA, LLDPE, PVC, and others. LDPE accounted for a significant share of the greenhouse film market in 2016. Based on thickness, greenhouse films with thickness of more than 150 microns constituted a leading share of the greenhouse film market in 2016. Applications of greenhouse films include cultivation of vegetables, flowers & ornamental plants, and fruits.
Greenhouse Film Market: Trends and Opportunities
Increasing greenhouse cultivations owing to the rising need for appropriate environmental conditions is a major driving factor for the growth of greenhouse films. These conditions play a crucial role in increasing the yield of crops. Crops such as tomatoes, lettuce, basil, and cucumbers grow outdoors only during a specific period in the year. These crops command high prices commercially. Greenhouse films used in greenhouse structures help in cultivation of these crops during their off-season. However, there is an additional investment involved in the process, such as heating of the greenhouse during winter, labor cost, etc.
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Asia Pacific dominated the global greenhouse film market in 2016 and is expected to witness a significant growth of the market during the forecast period. Asia Pacific was followed by Europe in terms of revenue and volume of the greenhouse film market in 2016. In Latin America, Mexico and Brazil were the major markets for greenhouse film in 2016. The trend is expected to continue during the forecast period. Middle East & Africa is considered an attractive market for greenhouse films owing to the rise in greenhouse cultivation in Israel, Iran, and Turkey.
This report analyzes and forecasts the greenhouse film market at the global and regional level. The market has been forecast based on volume (kilo tons, tons) and revenue (US$ million, thousand) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global greenhouse film market. It also covers the estimated impact of these drivers and restraints on the demand for greenhouse film during the forecast period. The report also highlights business opportunities for the greenhouse film market at the global and regional level.
The report includes detailed value chain analysis, providing a comprehensive view of the global greenhouse film market. Porter’s Five Forces model for the greenhouse film market has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Greenhouse Film Market: Segmentation
The study provides a decisive view of the global greenhouse film market by segmenting it in terms of thickness – 150 microns; resin type – LDPE, EVA/EBA, LLDPE, PVC, others; and application – vegetables, flowers & ornamental, fruits. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for greenhouse film in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa.
The report provides the actual size of the greenhouse film market in 2016 and the estimated size of the market for 2017, along with forecast for the next eight years. The global market size has been provided in terms of volume and revenue. Volume has been defined in kilo tons & tons, while revenue in US$ million & thousand. Market numbers have been estimated based on key applications of greenhouse films. Market size and forecast for end-users have been provided at global, regional, and country levels.
The report comprises profiles of major companies operating in the global greenhouse film market. Key players include Berry Global Group, Inc., BASF SE, RPC BPI Group, Barbier Group, RKW Hyplast NV, and Plastika Kritis S.A. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
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The global greenhouse film market has been segmented as follows:
Greenhouse Film Market: By Thickness (Volume Kilo Tons and Tons, Revenue US$ Mn and Thousand; 2016-2025)
150 microns
Greenhouse Film Market: By Resin Type (Volume Kilo Tons & Tons, Revenue US$ Mn & Thousand; 2016-2025)
LDPE
EVA/EBA
LLDPE
PVC
Others
Greenhouse Film Market: By Application (Volume Kilo Tons & Tons, Revenue US$ Mn & Thousand; 2016-2025)
Vegetables
Flowers & Ornamental
Fruits
Greenhouse Film Market: Regional Analysis (Volume Kilo Tons & Tons, Revenue US$ Mn & Thousand; 2016-2025)
North America
U.S.
Canada
Europe
Spain
Italy
Poland
France
Netherlands
Greece
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Colombia
Mexico
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC
Israel
Turkey
Iran
Rest of Middle East and Africa
Key Takeaways
The greenhouse film market is mainly concentrated in Asia Pacific and Europe. The Middle East is generating considerable revenue as Israel and Iran are adopting greenhouse cultivations extensively.
For cultivation of vegetables, greenhouse films with thickness of more than 150 microns (mainly thickness of 200 microns) are preferred. Cultivation of flowers requires greenhouse films with thickness of more than 150 microns but less than 200 microns
Areas having high wind wave and temperature rely on greenhouse films with higher thickness
Globally, LDPE-based greenhouse films are the largely preferred by farmers
Fruits grown on trees cannot be cultivated in greenhouse. Only strawberries and muskmelons are cultivated in greenhouses as they are creepers.
Asia Pacific is anticipated to dominate the greenhouse film market during the forecast period
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Table of Content
1. Preface
1.1. Research Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions & Acronyms Used
2.1. Assumptions and Acronyms Used
3. Executive Summary
3.1. Global Greenhouse Film Market, Revenue and Application (US$ Mn), 2016–2025
3.2. Global Greenhouse Film Market Share, by Region (US$ Mn), 2016 - 2025
3.3. Key Trends
4. Market Overview
4.1. Product Definition
4.2. Applications
4.3. Value Chain Analysis
4.3.1. List of Key Raw Material Suppliers
4.3.2. List of Key Manufacturers
4.4. Key Industry Developments
4.5. Market Indicators
4.6. Market Dynamics
4.6.1. Drivers
4.6.2. Restraints
4.6.3. Key Opportunities
4.7. Porter’s Five Forces Analysis
4.8. SWOT Analysis
5. Global Greenhouse Film Market Price Trend Analysis, by Thickness (US$ / Ton), 2016
5.1. Price by Thickness (US$ / Ton), 2017
5.2. Price by Resin (US$ / Ton), 2016
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