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Greenhouse Film Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Greenhouse Film Market
Anticipated growth in the greenhouse film market is linked to the escalating need for food production. The creation of marketable food products using raw materials sourced from flora and fauna is defined as food production. The yield can be significantly enhanced and safeguarded by utilizing plastic greenhouses. As an illustration, in May 2023, the Organic Trade Association, a business association centered on membership within the United States, revealed through their Organic Industry Survey that organic food sales in the United States had risen to 61670 in 2022, signifying an increase from 4.3% in 59149 in 2021. Consequently, the surge in agricultural output is acting as a catalyst for the expansion of the greenhouse film market.
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What is the future CAGR of the greenhouse film market, and how will it impact industry expansion?
The market size of greenhouse film has seen a robust increase in the past few years. The market, which sits at $6.17 billion in 2024, is predicted to escalate to $6.71 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%. Factors such as enhanced crop yield, elongated growing seasons, efficient use of resources, crop security, and energy preservation are responsible for the observed growth in the historical period.
The market size of greenhouse film is predicted to experience substantial growth in the upcoming years, escalating to $9.35 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%. The surge in growth during the forecasting period can be linked to factors such as sustainable agriculture, biodegradable films, vertical farming, global food security, and smart agricultural technologies. The emerging trends projected within this period incorporate advanced materials, energy-saving films, anti-reflective coatings, pest-resistant films, and vertical farming films.
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What are the most significant trends transforming the greenhouse film market today?
In the greenhouse film industry, the trend towards product innovation is becoming more prevalent. Major businesses in this market, like Agriplast from Spain, are orchestrating novel technological advancements to consolidate their market position. For instance, Agriplast announced the rollout of ECOAGRI in October 2022. This product line extends beyond greenhouse film to include packaging products and is anticipated to comprise additional agriculture-related products. One of the standout items is Powerlux PNP, a perforated polyethylene film offering the same benefits as nonwoven fabric while also being entirely recyclable.
Which key market segments comprise the greenhouse film market and drive its revenue growth?
The greenhouse film market covered in this report is segmented -
1) By Resin Type: Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA)
2) By Functionality: Diffused GHF, Photo-Selective GHF, Anti-Dirt GHF, Other Functionalities
3 By Width Type: 4.5 Meter, 5.5 Meter, 7 Meter, 9 Meter, Others Width Types
4) By Thickness: 80200 Microns
5) By Application: Vegetable, Fruit, Flower, Others (Transplants and Ornamental)
Subsegments:
1) By Low Density Polyethylene (LDPE): Standard LDPE Films, UV-Stabilized LDPE Films
2) By Linear Low Density Polyethylene (LLDPE): LLDPE Stretch Films, LLDPE UV-Resistant Films
3) By Ethylene Vinyl Acetate (EVA): EVA Films With UV Protection, EVA Films For Thermal Efficiency
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What regions are at the forefront of greenhouse film market expansion?
Asia-Pacific was the largest region in the greenhouse film market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the greenhouse film market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the greenhouse film market?
Major companies operating in the greenhouse film market include 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., Tuflex India, Goutham Plastic (India) Pvt. Ltd., Grupo Armando Alvarez, Plastchim-T, Arid Agritec, Groupe Barbier
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What Is Covered In The Greenhouse Film Global Market Report?
•Market Size Forecast: Examine the greenhouse film market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the greenhouse film market for a structured understanding.
•Key Players Overview: Analyze major players in the greenhouse film market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the greenhouse film market.
•Segment Contributions: Evaluate how different segments drive overall growth in the greenhouse film market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the greenhouse film market.
•Industry Challenges: Identify potential risks and obstacles affecting the greenhouse film market.
•Competitive Landscape: Review strategic developments in the greenhouse film market, including expansions, agreements, and new product launches.
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