Global Agriculture Films Market to Grow with a CAGR of 6.75% from 2023 to 2032

As per the report published by The Brainy Insights, the global agriculture films market is expected to grow from USD 10.90 billion in 2022 to USD 18.39 billion by 2030, at a CAGR of 6.75% during the forecast period 2022-2030. Asia-Pacific region emerged as the most significant global agriculture film market, with a market revenue share of 39.20% in 2022. The region has a high growth rate, given the presence of notable market players. The massive growth of the agriculture industry in the countries like China and India has contributed significantly to the agriculture film market. The rise in population and growing pressure on food production capabilities enable farmers to adopt technologies to improve their output per hectare. The area under cultivation is limited, and thus farmers are adopting controlled agriculture practices to maximize production. Europe is expected to register a high growth rate during the forecast period. European agencies promote using agricultural films that can be recycled after use. Many manufacturers are present in the region due to the high adoption of controlled agriculture practices among local farmers.

Get an Inside Scoop of Study, Request now for Sample Study @ https://www.thebrainyinsights.com/enquiry/sample-request/13224

Agriculture Films Market Size by Film Type (Linear Low-Density Polyethylene, Low-Density Polyethylene, High-Density Polyethylene, Reclaim, EVA/EBA, Polyamide, Polypropylene, PVC and Others), Application [Mulch Films (Black Mulch, Transparent or Clear Mulch and Others), Greenhouse Films (Low Tunnels, Macro Tunnels/Walking Tunnels and Conventional Greenhouse Films), Geomembrane Films and Silage (Silage Bags, Silage Sheet and Silage Stretch Wrap)], Distribution Channel (Online and Offline), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Leading companies in the industry include BASF SE, CI Takiron, Berry Global Inc., Exxon Mobil Corporation, RPC Group PLC, Dow Inc., RKW Group, Achilles Corporation, Trioplast Industries AB, Ab Rani Plast Oy., NOVAMONT S.P.A., Agripolyane, Polifilm Group, Agriplast Tech India Pvt. Ltd., Coveris, Groupe Barbier, AL-Pack Enterprises Ltd., Anhui Guofeng Plastic Industry Co., Grupo Armando Alvarez, Britton Group Inc., Kuraray Co., Ltd. among others. The significant players continuously focus on new product developments and venture capital investments to obtain market share.

Check Index of Research Study @ https://www.thebrainyinsights.com/report/agriculture-films-market-13224

The global agriculture films market has been segmented based on film type, application, distribution channel, and region. The film type segment is divided into linear low-density polyethylene, low-density polyethylene, high-density polyethylene, reclaim, EVA/EBA, polyamide, polypropylene, PVC and others. The linear low-density polyethylene segment dominated the market with a revenue share of 29.02% in 2022. The most widespread type of film used for agriculture is linear low-density polyethylene. This film has various properties, such as high tensile strength, resistance to cracking and UV rays, a barrier against moisture, and suitable temperature properties. These films are replacing conventional films due to their high performance and lower cost of production. The application segment is divided into mulch films, greenhouse films, geomembrane films and silage. The mulch film segment further includes black mulch, transparent or clear mulch and others. The greenhouse films segment further includes low tunnels, macro tunnels/walking tunnels and conventional greenhouse films. The silage segment further includes silage bags, silage sheets and silage stretch wrap. The greenhouse films segment dominated the market with a market share of 41.92% in 2022. Greenhouse films are generally automated and are suitable for temperature needs. Greenhouse facilities are usually curved and thus typically covered with PE films. The distribution channel segment includes online and offline. The online segment will likely grow at the highest CAGR during the forecast period. This can be attributed to the growing number of e-commerce presence in developed and developing countries. The agriculture films are sold in bulk in B2B and B2C platforms.

Enquire for customization in Report @ https://www.thebrainyinsights.com/enquiry/request-customization/13224

The agriculture film industry is booming in developing regions, and thus the demand for agriculture films is increasing. The films help in preserving the nutrients and moisture content of crops. The lifespan of plastic films is enhanced by the addition of thermal stabilizers, anti-fogging agents, etc. Irrigation systems and greenhouse facilities use agriculture films to reduce the hail effect. It even helps to minimize soil erosion and increase agricultural output production by limiting weeds' growth. These agriculture films are a low-cost solution for the protection of crops. Crop quality is essential for maintaining a healthy population.

About The Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirements whether they are looking to expand or planning to launch a new product in the global market.

Contact Us
Avinash D
Head of Business Development
Phone: +1-315-215-1633
Email: sales@thebrainyinsights.com
Web: www.thebrainyinsights.com

This release was published on openPR.