Market Size of Greenhouse Film Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 8.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Greenhouse Film Market Analysis
The market for greenhouse film is expected to register a CAGR of more than 8%, globally, during the forecast period. Greenhouse film provides an enclosed and covered structure for maintenance of a controlled growing environment for crops. Greenhouse film is designed to trap the sun's rays and create a warm humid atmosphere for the efficient growth of crops. The growing demand for greenhouse films for improving agricultural yield and growing demand for greenhouse protected cultivation have been driving the market growth.
However, the short life span of these films in comparison to polycrabonate sheets is expected to hamper the market growth. Moreover, the unfavorable conditions arising due to the COVID-19 outbreak are also exected to hinder the growth of the market studied.
The growing pattern of developing the out-of-season crops in the greenhouse is expected to propel the growth of greenhouse films for the next few years as the crops are a good source of income for farmers.
The Asia-Pacific region dominates the greenhouse film market, owing to the growing demand for food and government initiatives to improve the agricultural yield in the region.
Greenhouse Film Industry Segmentation
The greenhouse film market report includes:
| Plastic Type | |
| Low Density Polyethylene (LDPE) | |
| Linear Low-Density Polyethylene (LLDPE) | |
| Polyvinyl Chloride (PVC) | |
| Others |
| Thickness(Micron) | |
| Less then 200 | |
| Equal to 200 | |
| Greater than 200 | |
| Others |
| Geography | |||||||
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Greenhouse Film Market Size Summary
The greenhouse film market is poised for significant growth, driven by the increasing demand for enhanced agricultural yields and protected cultivation methods. Greenhouse films create controlled environments that optimize crop growth by trapping sunlight and maintaining humidity. This technology is particularly beneficial for out-of-season crop production, which offers substantial income potential for farmers. Despite challenges such as the shorter lifespan of greenhouse films compared to polycarbonate sheets and disruptions caused by the COVID-19 pandemic, the market is expected to expand. The Asia-Pacific region leads in market dominance due to its rising food demand and government initiatives aimed at boosting agricultural productivity.
The LDPE segment is the most prominent in the greenhouse film market, attributed to its superior properties like better thickness, optical qualities, and environmental resistance. These characteristics, along with its flexibility, transparency, and cost-effectiveness, make LDPE a preferred choice in agriculture. The Asia-Pacific region is experiencing the fastest growth, fueled by increasing greenhouse cultivation and government support for protected agriculture. Countries like China, India, and ASEAN nations are key contributors, with advancements in agricultural technology and significant production of various crops driving the demand for greenhouse films. The market remains fragmented, with major players like Polifilm Group, Essen Multipack, and Exxon Mobil Corporation leading the industry.
Greenhouse Film Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Rising demand from Food
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1.1.2 Rising Demand for Greenhouse Protected Cultivation
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1.2 Restraints
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1.2.1 Short Life Span in Comparison to Polycarbonate Sheets
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1.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Plastic Type
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2.1.1 Low Density Polyethylene (LDPE)
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2.1.2 Linear Low-Density Polyethylene (LLDPE)
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2.1.3 Polyvinyl Chloride (PVC)
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2.1.4 Others
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2.2 Thickness(Micron)
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2.2.1 Less then 200
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2.2.2 Equal to 200
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2.2.3 Greater than 200
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2.2.4 Others
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 France
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2.3.3.4 Italy
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Greenhouse Film Market Size FAQs
What is the current Greenhouse Film Market size?
The Greenhouse Film Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Greenhouse Film Market?
Polifilm Group, Essen Multipack., Exxon Mobil Corporation., Ginegar Plastic Products Ltd and Berry Global are the major companies operating in the Greenhouse Film Market.
