Agricultural Films Market by Material (Ethylene-Vinyl Acetate, High-Density Polyethylene, Linear Low-Density Polyethylene), Film Type (Monolayer, Multilayer), Application - Global Forecast 2024-2030

Agricultural Films Market by Material (Ethylene-Vinyl Acetate, High-Density Polyethylene, Linear Low-Density Polyethylene), Film Type (Monolayer, Multilayer), Application - Global Forecast 2024-2030

The Agricultural Films Market size was estimated at USD 11.21 billion in 2023 and expected to reach USD 12.00 billion in 2024, at a CAGR 7.41% to reach USD 18.49 billion by 2030.

Agricultural films help to protect plants and crops in fields or greenhouses throughout their life cycle by reducing the crop spoilage risk associated with pests, weather, and weeds, improving the overall crop quality. Agricultural films adjust soil temperature, prevent moisture growth, enhance crop yield, and help fulfill the rising demand for food products, including fruits and vegetables. Additionally, the adoption of mulching films is rapidly increasing to minimize soil erosion, reduce evaporation, and prevent soil splashing on fruits or vegetables. The environmental concerns related to the disposal of plastic-based agricultural films restrain the adoption of these agricultural films. Furthermore, the ongoing innovations and advancements, such as the introduction of bio-based polymers and biodegradable films, are expected to increase the future scope for agricultural films.

Regional Insights

In North America, particularly the United States and Canada, there's a strong emphasis on high-yield and sustainable agriculture. Consumers and farmers alike seek out agricultural films that offer durability and environmental resistance and are made from eco-friendly materials due to a growing awareness of environmental issues. Research and development in biodegradable films have seen a significant uptick here. Investment trends lean toward technologies that promise reduced carbon footprints and improved recyclability of films. In Europe, regulatory frameworks and policies play a crucial role in shaping the agricultural film market. EU countries demonstrate a high demand for eco-friendly and biodegradable films, aligning with stringent environmental regulations. The adoption rate of next-generation films is high, with continuous research fostering innovation. APAC represents a rapidly growing market for agricultural films, driven by countries including China, India, and Japan. China, as a prominent consumer and producer, exhibits a high demand for high-quality and high-efficiency agricultural films, focusing on yield improvement and soil protection. India's market is characterized by a need for cost-effective solutions that enhance food security for its vast population. Japan prioritizes advanced technologies in agriculture, showing keen interest in innovative, environmentally friendly agricultural films.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Agricultural Films Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rising focus on increasing agricultural output globally
• Increasing protected agriculture practices and high adoption of mulching films
• Growing environmental risks in agriculture sector

Market Restraints

• High installation cost of agricultural films

Market Opportunities

• Growing inclination towards biodegradable agricultural films
• Increasing innovations in the development of agricultural films

Market Challenges

• Environmental concerns associated with the disposal of agricultural films

Market Segmentation Analysis

• Material: Ethylene-vinyl acetate ((EVA) preferred in regions with cooler climates
• Application: Increasing utilization of greenhouse films for crop cultivation in controlled environments

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Agricultural Films Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Agricultural Films Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Enhancing Sustainability in Agriculture through Innovative Recycling Through the Introduction of SilotitePro1800 Sustane by Berry Global

Berry Global expanded its B Circular Range with SilotitePro1800 Sustane, a cutting-edge agricultural film composed of 25% post-consumer recycled plastic (PCR), underscoring its commitment to sustainability and circular economy principles. This addition fortifies Silotite’s existing suite of environmentally conscious products and enhances silage bale wrapping performance through its advanced pre-orientated ProTechnology and extended reel length for efficient usage. The integration of PCR significantly lowers the environmental footprint by 24%, as supported by a life cycle analysis.

Coveris Unveils Innovative Sustainable Stretch Films at Agritechnica 2023

Austrian packaging company Coveris has introduced two sustainable stretch films for silage bale wrapping, named Unterland R and Unterland Crystal, at the Agritechnica 2023 trade show happening in Hannover, Germany. Developed at Coveris’ Kufstein facility, these films incorporate renewable resources, enhancing environmental benefits. Unterland R, in particular, integrates at least 30% recycled material, which is sourced from agricultural film, through the ERDE recycling initiative in Germany, marking a significant step towards sustainability in agricultural packaging.

Mondi and Cotesi's Paper-Based Mulch Film, an Innovative Sustainable Agriculture Solution

A global packaging company, Mondi, has teamed up with agricultural supplies producer Cotesi to unveil Advantage Kraft Mulch, a groundbreaking paper-based solution designed as an eco-friendly alternative to traditional plastic mulch films. Made entirely from 100% responsibly sourced kraft paper without any plastic or coatings, this innovative product addresses the environmental concerns associated with plastic waste by offering a biodegradable option that effectively protects crops against common agricultural threats such as pests, weeds, and extreme weather conditions.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Agricultural Films Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Agricultural Films Market, highlighting leading vendors and their innovative profiles. These include Ab Rani Plast Oy, Achilles Corporation, Agriplast Tech India Pvt. Ltd., Agripolyane, Armando Alvarez, S.A., Barbier Group, BASF SE, Berry Global Inc., Celanese Corporation, Coveris Management GmbH, EcoPolySTW, Exxon Mobil Corporation, Ginegar Plastic Products Ltd., Imaflex Inc., Kuraray Co., Ltd, LyondellBasell Industries Holdings B.V., Mitsui Chemicals Inc., Novamont S.p.A., Plastik V Sdn. Bhd., Plastika Kritic S.A., Polifilm Group, Polyplex Corporation Ltd, Polythene UK Ltd., RKW Group, Solvay SA, The Dow Chemical Company, Trioworld Industrier AB, and Viaflex.

Market Segmentation & Coverage

This research report categorizes the Agricultural Films Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Material
• Ethylene-Vinyl Acetate
• High-Density Polyethylene
• Linear Low-Density Polyethylene
• Low-Density Polyethylene
• Film Type
• Monolayer
• Multilayer
• Application
• Greenhouse
• Mulching
• Silage
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year