Press release
Greenhouse Film Market will cross USD 5.0 billion by 2022 growing at a CAGR of approximately 11%
Greenhouse Film Market
The Global Greenhouse Film Market has witnessed a remarkable growth over the past decade due to its increasing demand from the greenhouse film across the globe. It has been projected that the Global Greenhouse Film Market will cross USD 5.0 billion by 2022 growing at a CAGR of approximately 11%. The rising demand of Greenhouse Film for better cultivation of crops, advanced technology has driven the global market. Geographically, APAC is anticipated to be the leading market followed by Europe and North America. APAC is considered as the fastest growing region where the market would be having ample of opportunities due to existing emerging economies such as China, India, Japan and Indonesia.
Key Players for Greenhouse Film Market:
Some of the key players in this market are Essen, RKW SE, Ginegar Plastic, Eiffel Industria Materiale Plastiche, Agriplast SRL, Agripolyane, Fvg Folien-Vertriebs, Plastika Kritis and others.
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The Global Greenhouse Film Market has projected an outstanding growth over the historic years and it has been predicted that the global market will keep on rising during the forecast period. The Greenhouse Film Market is mainly driven by the changing preference over traditional methods, improving agriculture yields and growing demand of greenhouse film cultivated crops. According to MRFR analysis, the rising preference of greenhouse film cultivated crops and technological advancements have become the major growth driver across the globe, particularly in APAC. The other major factor behind the growth of Greenhouse Film market is government initiatives for favorable R & D and protected agricultural crops. The Global Greenhouse Film Market is expected to reach USD 5 billion at the end of the forecasted period and is expected to grow at CAGR of more than 11% from 2016 to 2022.
Regional Analysis:
“Asia-Pacific is projected to be the largest market during the forecast period”
Geographically, Asia-Pacific is expected to be the largest market for greenhouse film by covering around XX% of the total market size. Followed by this Europe is expected to be the second ruling region and North America would be on third position.
Scope of the Study:
The scope of the study categorizes the greenhouse film market as material type and thickness.
By Material type
• Polycarbonate
• Polyethylene Plastic film
• Acrylic
• Vinyl
• Others
By Thickness
• 3M
• 4M
• 6M
• Others
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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