Market Trends of South America Agricultual Films Industry
This section covers the major market trends shaping the South America Agricultural Films Market according to our research experts:
Horticulture Industry and Green house farming Drives the market
Horticulture and Greenhouse farm owners are the major buyers of agriculture films along with forage crop cultivators. South America horticulture is well established with vegetables, fruits, and flower production. for instance, According to FAO, this region cultivated 1.4 million hectares of land with vegetables. Vegetable cultivation in such huge areas demands large quantities of agriculture films for mulching purposes. Greenhouse farming in south American countries like Brazil and Argentina has been gaining popularity and anticipated to grow at a significant rate. Brazil and Argentina have 36,517 hectares under-protected farming in 2019. The vast horticulture industry coupled with increasing greenhouse farming is anticipated to fuel the South American agricultural films market.
Brazil Dominates the Market
Brazil leads the agriculture sector among all the South American countries. The horticulture industry in the country has been very well developed with various types of fruits, vegetables, and flower cultivation. The total vegetable acreage in the country was recorded as 362 thousand hectares in 2018. The country's greenhouse farming sector is still in early phase and anticipated to multiply in forthcoming years. Brazil's horticulture industry coupled with large forage acreages compared to other South American countries made the country industry leader.