Agricultural Films Market Size, Share & Trends Analysis Report By Raw Material (LDPE, LLDPE, HDPE, EVA/EBA, Reclaims), By Application (Green House, Mulching, Silage), By Region, And Segment Forecasts, 2024 - 2030

Agricultural Films Market Size, Share & Trends Analysis Report By Raw Material (LDPE, LLDPE, HDPE, EVA/EBA, Reclaims), By Application (Green House, Mulching, Silage), By Region, And Segment Forecasts, 2024 - 2030

Agricultural Films Market Growth & Trends

The global agricultural films market is expected to reach USD 20.59 billion by 2030, according to a new report by Grand View Research, Inc., growing at CAGR of 8.8% from 2024 to 2030. Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period.

Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future.

Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India.

Agricultural Films Market Report Highlights

• LLDPE accounted for the largest market revenue share of 49.5% in 2023. LLDPE is extensively used in agriculture because it is readily accessible, inexpensive, has strong impact resistance, provides good electrical insulation, and exhibits outstanding chemical resistance.
• Mulching segment accounted for the largest market revenue share of 44.3% in 2023. Mulching offers advantages such as suppressing weed growth, reducing water loss, controlling soil temperature, and supplementing crop health with ideal heat and water intake.
• Asia Pacific agricultural films dominated the global market in 2023 due to the high population in countries such as China and India.

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