Agricultural Film Market Size (2023 - 2030)
The global agricultural films market size was estimated to be valued at USD 11.7 billion in 2022 and is projected to reach USD 15.9 billion by 2030 and the market is esteemed to grow with a CAGR of 6.6% from 2023 - 2030.
Agricultural films or agricultural plastics are the same. These agricultural films or plastics are used in many inventive agricultural practices to increase the output of the crop per hectare while developing crop quality. These agricultural films are used for greenhouse farming, soil protection, and mulching. The merits extracted comprise decreased compression and soil erosion, seed germination, temperature control, protection against UV rays, weed control, and nutrient conservation.
Agricultural films have become an integral part of crop production in some regions worldwide because of adverse weather conditions. In agricultural films, Polyethylene raw material is extensively used for protecting crops and developing crop yield in tunnels and greenhouses. With the increased area in greenhouse farming globally, the market for agricultural films is projected to rise considerably over the forthcoming years. According to the World Greenhouse Vegetable Statistics 2022, the global greenhouse vegetable area was 496,800 hectares in 2022, from 489,214 in 2017.
The factors like the demand for agricultural films for greenhouse films, mulch films, and silage is accumulating escalating the market growth. The high yield with the use of agricultural films is forecasted to surge the demand for agricultural films. The greenhouse vegetables demand is striking highly which fuels the market growth.
The growing adoption of mulching films and the demand for biodegradable films drive the market growth. The demand for films in protected agriculture is mounting along with the growing worldwide population and the demand to access fresh produce boosts the greenhouse-grown fresh produce market.
However, the use of plastic in agriculture is high due to its attributes like safety, cost, and efficacy. Plastic results in its contribution to global warming and pollution which hinders the global agricultural films market.
Recent Market Developments
On February 07, 2022, BASF and Fabbri Group developed a strong and supportable solution for cling film used in fresh-food packaging.
On September 03, 2022, Berry Healthcare helps customers beat upcoming plastic packaging charges.
On October 06, 2022, Dow expands worldwide capabilities for circular plastics with new novel products available for the customers. The company circulated certain developments in its efforts to avoid plastic waste, decrease greenhouse emissions and provide customers with recycled plastic products providing the same performances as Virgin plastics derived from fossil fuel-based feedstocks.
As per the market research, the global agricultural film is segmented and sub-segmented based on type, and application.
Agricultural Film Market - Based on Type
Based on the type, LLDPE contributes the majority of the share to the agricultural film market. It is the most widely used type of PE film. LLDPE films are replacing conventional LDPE in many areas because of their low production and high product performance. LLDPE's dominance owes to the growing demand due to the developed properties like high puncture resistance, and tensile strength accompanying low cost compared with other types.
Moreover, LLDPE films demand is mounting from the flexible packaging industry accumulates the segment growth.
LDPE films are translucent or colored films supplying opacity and used for farming areas having rough or strong climatic conditions and restricted water supply. LDPE films increase the transmissions besides reducing reflection and permitting perfect sunlight entering into the greenhouse.
Classic Greenhouse Films
Macro Tunnels/Walking Tunnels
Transparent or Clear Mulch
Silage Stretch Wrap
Based on the application, greenhouse films are estimated to be the largest segment in the agricultural films market. Greenhouses are also known as hoop houses, which are tax-free.
The greenhouse segment is sub-segmented into classic greenhouse film, macro tunnels/walking tunnels, and low-tunnels. The structure of the greenhouse is curved and is covered with glass or PE films.
Classic greenhouse films are fully automated and are costly. The structure has got sensors controlled automatically.
The silage segment is witnessing quick growth during the forecasted period due to factors like storage of food products, grains storage, decreasing post-harvest loss, and the growing demand for agricultural films.
Asia-Pacific dominated the agricultural films market with the highest share during the foreseen period. The increasing use of mulching agricultural films drives market growth in the region. India, China, and South Korea are using agricultural films in greenhouses and mulching, particularly in vegetable cultivation.
China is the largest and major hump in the global agricultural films market. China is projected to grow with a CAGR of 7.9% during the foreseen period till 2031. China accounts for more than 80% of the market share in agricultural films. The demand for high food production is increasing with an ever-rising population boosting the agricultural films market. Favorable regulations over plastic use are more responsible for the largest share in the region.
Europe is the second-largest region in the agricultural films market during the foreseen period. The market growth is more mature in Western and Central Europe. The demand for agricultural films has been declining with the respective GDPs.
As a result, the demand for agricultural films that can be recycled is escalating the market growth.
The agricultural films market in North America is expected to witness average growth throughout the foreseeable period. The market growth in North America is attributed to rising consumer tendency towards plant-based food and many production facilities are being transferred to developing countries.
The U.S is the highest exporter of agricultural products where soybeans and corn hold the highest share during the forecasted period. Due to the huge expenditure in the agricultural field, the U.S holds the highest place in the global market in terms of consumption and production.
Latin America is likely to produce quick growth in the agricultural films market with an upswing in deployment and the need for agricultural films is one major cause for market growth. The quick growth issues about environmental pollution and increasing demand for biodegradable and recyclable products promote the market growth.
The Middle East and African region are still at their development stage. The market growth in this region is due to developing infrastructure and rising consumer demand for organic food.
Top key players in the global Agricultural Film Market
1. Berry Global Inc. (US)
2. Kuraray Co. Ltd. (Japan)
3. Coveris (Austria)
4. The RKW Group (Germany)
5. BASF SE (Germany)
6. AB Rani Plast OY (Finland)
7. Dow Chemical Company (US)
8. Grupo Armando Alvarez (Spain)
9. Plastika Kritis S.A. (Greece).
The global agricultural films market has been outraged by the COVID-19 pandemic and left no industry undamaged. However, the agricultural films market was also affected by the novel coronavirus (COVID-19) and experienced around 15% revenue during 2022.
COVID-19 is projected to have a slightly negative influence on the agricultural films market due to the economic irresolution. As a result, the demand for agricultural films has witnessed a downturn in agricultural activities and showcased negative growth for agricultural films in 2022. Hence, industrial activities steadily picked the rate and most of the industries were operating by following a set of rules by governments. However, the market is projected to experience positive growth in 2022 and throughout the foreseen period.
Chapter 1. AGRICULTURAL FILM MARKET– Scope & Methodology
1.1. Market Segmentation
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. AGRICULTURAL FILM MARKET– Executive Summary
2.1. Market Size & Forecast – (2023 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2023 – 2030
2.3.2. Impact on Supply – Demand
Chapter 3. AGRICULTURAL FILM MARKET– Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. AGRICULTURAL FILM MARKET- Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. AGRICULTURAL FILM MARKET- Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. AGRICULTURAL FILM MARKET– By Polymer Type
6.1. Low density polyethylene
6.2. Linear low-density polyethylene
6.3. High density polyethylene
Chapter 7. AGRICULTURAL FILM MARKET– By Application
7.1.1. Classic greenhouse
7.1.2. Macro tunnels/Walking tunnels
7.1.3. Low tunnels
7.2.1. Silage stretch films
7.2.2. Silage sheet
7.2.3. Silage bags
7.3.1. Black mulches
7.3.2. Transparent mulches
7.3.3. Other mulch films
Chapter 8. AGRICULTURAL FILM MARKET– By Region
8.1. North America
8.3. The Asia Pacific
8.4. Latin America
8.5. Middle-East and Africa
Chapter 9. AGRICULTURAL FILM MARKET – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
9.1. Company 1
9.2. Company 2
9.3. Company 3
9.4. Company 4
9.5. Company 5
9.6. Company 6
9.7. Company 7
9.8. Company 8
9.9. Company 9
9.10. Company 10
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