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Agricultural Films Market Size, Share, Growth And Industry Forecast To 2032
Agricultural Films Market Report
The Business Research Company's Agricultural Films Global Market Report 2023 identifies the increasing focus on improving agricultural output as the major driver for the agricultural films market's growth in the forecast period. Agricultural productivity, often known as output, is defined as total output per unit of a single input; partial factor productivity (PFP) metrics include land productivity (yield) and labour productivity. The growing population coupled with the demand for food and reduction in agricultural lands enhance the demand for productivity on existing agricultural lands.
The global agricultural films market size grew from $10.39 billion in 2022 to $11.24 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The agricultural films market size is expected to grow to $14.47 billion in 2027 at a CAGR of 6.5%.
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Major competitors in the agricultural films market are Berry Global Inc., Kuraray Co. Ltd., Coveris Group, TrioplastIndustrier AB, Armando Alvarez Group, RKW Group, AL-PACK Enterprises Ltd., RPC Group plc, The Dow Chemical Company, BASF SE, Ab Rani Plast Oy, INDEVCO Group, Takiron Co. Ltd., Britton Group Inc., and Anhui Guofeng Plastic Industry Co. Ltd.
A key trend in the agricultural films market includes the introduction of biodegradable polymers to enhance production. Berry Global Inc., Kuraray Co. Ltd., Coveris Group, TrioplastIndustrier AB, Armando Alvarez Group, RKW Group, AL-PACK Enterprises Ltd., RPC Group plc, The Dow Chemical Company, BASF SE, Ab Rani Plast Oy, INDEVCO Group, Takiron Co. Ltd., Britton Group Inc., and Anhui Guofeng Plastic Industry Co. Ltd.
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The agricultural films market is segmented -
•By Type: Low-Density Polyethylene, Linear Low-Density Polyethylene, High-Density Polyethylene, Ethylene Vinyl Acetate, Other Types
•By Film: Geomembrane, Agricultural Silage Films, Agricultural Mulching Films, Greenhouse Plastic Or Covering Film
•By Application: Agricultural Films For Bale Wrapping And Ensiling, Agricultural Films For Silo Bags Manufacturing, Agricultural Films For Tunnel Covers, Agricultural Films For Bunker Ensiling
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the agricultural films market.
The Business Research Company's "Global Agricultural Films Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Agricultural Films Market Include:
1. Executive Summary
2. Agricultural Films Market Characteristics
3. Agricultural Films Market Trends And Strategies
4. Agricultural Films Market - Macro Economic Scenario
5. Agricultural Films Market Size And Growth
……
26. Africa Agricultural Films Market
27. Agricultural Films Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agricultural Films Market
29. Agricultural Films Market Future Outlook and Potential Analysis
30. Appendix
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