Greenhouse Film Market: Current Analysis and Forecast (2021-2027)

Greenhouse Film Market: Current Analysis and Forecast (2021-2027)

The global Greenhouse Film market is likely to showcase a growth of around 8% during the forecast period. Over the years, the world witnessed a rise in population and is continuously growing creating greater demand for food. And the strain on land, which is a limited resource, has also grown. However, the growth of the population outpaced the land growth, thereby reducing the agricultural land per capita. For instance, according to the Our World in Data, the global agricultural land per capita has decreased to 0.6 hectares in 2018 compared to 1.4 hectares in 1961. This reduction in agricultural land has increased the global focus on improving crop yield, thereby increasing the interest of stakeholders to focus on unconventional methods of agriculture which can offer high yield without compromising the nutrient value. One such method is greenhouse farming. A greenhouse is a framed or inflated structure covered with a transparent or translucent material in which both floriculture and horticulture crops can be grown under controlled climate conditions. The transparent or translucent material is nothing but the greenhouse film which helps to increase and secure the yield from the effects of frost, wind, and rain. Therefore, with the increasing adoption of greenhouse farming, the demand for films would increase.

Insights Presented in the Report

“Amongst type, LDPE segment held a prominent share in the market in 2020.”

Based on type, the market is categorized into LDPE, LLDPE, EVA, and others. Among these, LDPE accounted for a significant share in the market and is expected to showcase significant growth during the forecast period. This can be attributed to the low cost of LDPE film. Further, the film provides better thickness, optical properties, and resistance to excess sunlight and the external environment. As a result of which both consumers and manufacturers focus more on LDPE base greenhouse films.
 
“Amongst thickness, above 150 to 200 micron segment accounted for a considerable share in the global greenhouse film market

Based on thickness, the market is categorized into 80 to 150 micron, above 150 to 200 micron, and more than 200 microns. Among these, above 150 to 200 microns are likely to showcase robust growth during the forecast period. 150 to 200-micron films are preferred in developed nations of Europe. This range of films provides optimum benefits over others at a considerable price. UV stability for resistance to solar aging, high light transmission, high strength for harsh weather conditions, and additives to ensure good light transfusion are some of its benefits.

“Asia-Pacific to showcase significant growth in the greenhouse film market”

For a better understanding of the market adoption of Greenhouse Film, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific is likely to showcase substantial growth in the global greenhouse films market owing to the large base of the agricultural industry, growing population, and increasing awareness for healthy food.

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