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Greenhouse Film Market Report 2023-2032: Global Outlook, Regional Segments, Growth Rate And Major Players | BASF SE, Berry Global Inc., EIFFEL Industry Plastics S.p.A, Essen Multipack Limited, Exxon Mobil Corporation
Greenhouse Film Market
The Business Research Company's Greenhouse Film Global Market Report 2023 identifies rising demand for food production as the major driver for the Greenhouse Film Market's growth in the forecast period. Food production is the process of producing sellable food items using raw ingredients available from plants and animals. Plastic greenhouses would help to increase and secure the yield.
The global greenhouse film market size grew from $5.25 billion in 2022 to $5.75 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. 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 market size of the greenhouse film market is expected to grow to $7.84 billion in 2027 at a CAGR of 8.1%.
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Major competitors in the greenhouse film market are BASF SE, Berry Global Inc., EIFFEL Industry Plastics S.p.A, Essen Multipack Limited, Exxon Mobil Corporation, FVG Folien-Vertriebs GmbH, GCR Group, Ginegar Plastic Products Ltd., Iris Polymers Industries Pvt. Ltd., Lumite Inc., Plastika Kritis SA, Polifilm Extrusion GmbH, RPC Group plc, Saudi Basic Industries Corporation (SABIC), Sichuan Bozong Greenhouse Co., Ltd., The Dow Chemical Company, Agriplast Tech India Pvt. Ltd., Beijing Kingpeng International Hi-Tech Corporation, Central Worldwide Co. Ltd., and Tuflex India.
A key trend in the Greenhouse Film Market includes Product innovations. Major companies operating in the greenhouse film market are focused on developing new technological solutions to strengthen their position. For example, in September 2021, BASF, a German greenhouse film company, will launch IrgaCycleTM, a line of additive solutions aimed at meeting the urgent needs in plastic recycling.This improves the properties of recycled plastics mechanically for various industries and enhances the quality of post-consumer and industrial polyolefin material for re-use in flexible, molding, and rigid applications. It also helps in increasing the percentage of recycled content for various end-users.
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The Greenhouse Film Market is segmented -
By Resin Type: Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA)
By Functionality: Diffused GHF, Photo-Selective GHF, Anti-Dirt GHF, Other Functionalities
By Width Type: 4.5 Meter, 5.5 Meter, 7 Meter, 9 Meter, Others Width Types
By Thickness: 80200 Microns
By Application: Vegetable, Fruit, Flower, Others (Transplants and Ornamental)
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Greenhouse Film Market.
The Business Research Company's "Global Greenhouse Film 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 Greenhouse Film Market Include:
1. Executive Summary
2. Greenhouse Film Market Characteristics
3. Greenhouse Film Market Trends And Strategies
4. Greenhouse Film Market - Macro Economic Scenario
5. Greenhouse Film Market Size And Growth
……
26. Africa Greenhouse Film Market
27. Greenhouse Film Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Greenhouse Film Market
29. Greenhouse Film Market Future Outlook and Potential Analysis
30. Appendix
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