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Wednesday, May 18, 2022

The need for better farming in an efficient way will augment the global greenhouse film market in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Greenhouse Film Market Report and Forecast 2022-2027, gives an in-depth analysis of the Greenhouse Film, assessing the market based on its segments like plastic type, thickness, width, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): USD 6.4 Billion
  • Forecast CAGR (2022-2027): 10.5%
  • Forecast Market Size (2027): USD 11.7 Billion

The demand for food and the need to increase food production per acre of land is increasing continuously. Due to this, the popularity of greenhouse cultivation is increasing, which is a major factor in the growth of the greenhouse film market all across the globe. The increasing population, and reducing profits in traditional framing are also expected to drive the market. Moreover, the quality of agricultural products is also enhanced with the efficient use of resources. All these factors will cumulatively drive the market especially for fruits and vegetables. A key advantage of greenhouse farming is that offseason production can be carried out, which provides better prices for agricultural products. The growth in greenhouse farming will directly drive the demand for greenhouse films during the forecast period.

Industry Definition

Greenhouse films are the plastic films that are placed on the roof and sides of the greenhouse in order to protect the plants from outside elements. Generally, the greenhouse films are made up of plastic materials. Greenhouses create an environment for plants that ensures uniform quality, protection to crops from rain, wind, and frost, and also facilitates faster ripening of crops.

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By plastic type, the market is segmented into:

  • Low-Density Polyethylene (LDPE)
  • Linear Low-Density Polyethylene (LLDPE)
  • Polyvinyl Chloride (PVC)
  • Others

By thickness, the market can be segmented into:

  • Less than 200 Micron
  • 200 Micron
  • Greater than 200 Micron

Based on Width, the market is segmented into:

  • 5 Metres
  • 5 Metres
  • 7 Metres
  • 9 Metres
  • Others

On the basis of application, the market is divided into:

  • Vegetables
  • Flowers
  • Ornamental Plants
  • Fruits
  • Others

The regional markets for the Global Greenhouse Film Market can be separated into:

  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Other
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Other
  • The Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Market Trends

Low-density polyethylene (LDPE) is the most common type of plastic used for the application of greenhouse film. Advantages offered by the LDPE include its durability and can withstand extreme climates. These films have high quality, thickness, improved transparency, enhanced flexibility, resistance to extreme environmental conditions including excess sunlight, and others. By region, Asia Pacific is anticipated to show lucrative growth during the forecast period. This growth is due to the heightened investments in the agriculture industry by the leading market players in the region. Government support for advanced farming is also expected to provide a significant boost to greenhouse farming thus also to greenhouse films in the region.

Key Market Players

The major players in the market include Ginegar Plastic Products Ltd., Essen Multipack Limited, Exxon Mobil Corporation, POLIFILM Group, Berry Global Inc., Lumite, Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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