Sun, 28 Nov 2021

The global greenhouse film market is likely to reach value of USD 13.15 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the growing focus of the horticulture industry on sustainable production and higher profit margins. Manufacturers of greenhouse films are trying to provide lightweight and durable polyethylene materials. Increasing research and development activities to produce materials that provide an outstanding balance of high tensile strength, light transmission, tear resistance, and light weight are expected to drive the market for greenhouse films in the near future.

Increasing government initiatives to enhance agricultural productivity through implementation of modern agricultural techniques are likely to augment the market during the forecast period. For example, in 2018, the U.S. Department of Agriculture granted a funding of USD 2.45 Million to invent a cost-effective and versatile greenhouse material capable of transforming sunlight into photo-synthetically convenient energy photo synthetically efficient light.

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Key Highlights of Report

In November 2019, RKW Group announced that it had invested millions in the last two years to develop advanced products with the latest technology for horticulture and agriculture sectors. Moreover, the company also expanded the capacity of its Michelstadt (Germany) and Hoogstraten (Belgium) sites. The company is also planning to launch advanced silage films and bags and greenhouse films in order to help farmers. The strategy is expected to strengthen the company's position and help it remain competitive in the greenhouse film market in the next few years.

The low-density polyethylene (LDPE) segment held the largest market share of 50.8% in 2019. Countries facing severe climatic conditions and limited water supply have increased the utilization of greenhouse films based on low-density polyethylene resins in the agriculture sector.

The 150 to 200 microns segment is anticipated to expand at the most rapid CAGR of 10.7% during the forecast period. The rising necessity to stabilize greenhouse films with correct light stabilizers and UV absorbers is expected to drive use of greenhouse films with thickness ranging from 150 to 200 microns in the near future.

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The study on the Global greenhouse film Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The greenhouse film market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the greenhouse film industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall greenhouse film industry.

Top competitors of the greenhouse film Market profiled in the report include:

Key market participants include Plastika Kritis S.A., Armando Álvarez Group, Ginegar Plastic Products Ltd., RKW Group, POLIFILM EXTRUSION GmbH, Berry Global, Inc., Agriplast Tech India Pvt Ltd, GROUPE BARBIER, A.A. Politiv Ltd., and Mitsubishi Chemical Corporation

The Global greenhouse film Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the greenhouse film market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the greenhouse film industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the greenhouse film market.

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Emergen Research has segmented the global greenhouse film market in terms of resin type, thickness, and region:

Resin Type Outlook (Revenue, USD Billion; 2017-2027)

Linear Low-density Polyethylene (LLDPE)

Low-density Polyethylene (LDPE)

Ethylene-vinyl Acetate (EVA)

Others

Thickness Outlook (Revenue, USD Billion; 2017-2027)

80 to 150 Microns

150 to 200 Microns

More than 200 Microns

Regional Analysis of the greenhouse film Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Greenhouse Film Market Segmentation & Impact Analysis

4.1. Greenhouse Film Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Demand for increasing agricultural productivity

4.2.2.2. Rising demand for greenhouse protected cultivation

4.2.3. Market restraints analysis

4.2.3.1. Adverse effects of plastics on the environment

4.2.3.2. High cost of installation

4.2.3.3. Present challenging economic conditions due to the pandemic

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter's Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued…!

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

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Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

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