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The global greenhouse films market is witnessing a transformation driven by technological advancements and innovation in film materials. The adoption of new-generation greenhouse films, leveraging advanced seven-layer technology, is a significant trend that promises substantial growth prospects for manufacturers. These films offer enhanced durability, thermal regulation, and light transmission, catering to the evolving needs of modern agriculture.
A prominent trend shaping the market is the shift towards integrated pesticide management and the establishment of high-tech plant factories. This transition aligns with the industry's focus on sustainable agriculture and efficient crop protection measures. Farmers are increasingly integrating advanced film solutions that offer not just protective covering but also aid in pest management, ensuring optimal crop growth and yield.
Manufacturers within the global greenhouse films market are actively engaged in product development and expanding their product portfolios to meet the diverse needs of the agriculture sector. Continuous efforts toward creating films that are UV-resistant, possess high tensile strength, and offer optimal light transmission characteristics are driving innovations in the industry.
However, despite the market's positive trajectory, challenges persist. A significant hurdle is the lack of awareness and adoption of protected cultivation practices, particularly in countries like India, Indonesia, Thailand, and South Korea. The limited understanding of the benefits and advantages of greenhouse films in these regions is impacting the demand trajectory. This gap in awareness presents an obstacle in the widespread adoption of greenhouse films and could potentially hinder market growth in these areas.
To overcome these challenges, industry players are investing in educational initiatives and outreach programs aimed at raising awareness about the benefits of protected cultivation using greenhouse films. Efforts to educate farmers and stakeholders about the potential advantages, including increased yield, resource efficiency, and better crop quality, are crucial to unlocking the full potential of the greenhouse films market in regions with lower adoption rates.
Overall, while technological advancements and product innovations continue to drive growth, addressing the awareness gap remains pivotal for the global greenhouse films market to realize its full growth potential in all regions.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 165.2billion Billion |
Growth Rate | 16.26% (2023-2032) |
Greenhouse Films Market Size was valued at USD 4.9 billion in 2022. The Greenhouse Films industry is projected to grow from USD 5.30425 Billion in 2023 to USD 10.00108746 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.25% during the forecast period (2023 - 2032). Increased population and rising food demand to enhance growth scope are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The growing need for nursery-cultivated crops, expanding property area following greenhouse-maintained agriculture, and increasing focus on improving farming yield drives the greenhouse film market over the forecast period. Population growth across the globe has compelled increased agricultural output. This rising disposable income in emerging countries has caused enhanced dietary changes, thus surging the food demand. The yearly land utilization for agricultural crop production has impacted soil nutrient content. This factor drives the Market CAGR.
Additionally, as the cultivated area increases in the protected area, products such as U.V. light are added, and R&D activities are focused on creating different types of greenhouse films. Anti-radiation, NIR blocking, fluorescent, and superheat. U.V. protection film protects plants from diseases and pests. Plastic film used as a greenhouse cover has been developed as a new material with optical and optical properties. Nano greenhouses increase efficiency in the temporary harvest. Porous polycarbonate is the greenhouse coating raw material called NANO. Furthermore, as the cultivated area increases in the protected area, products such as U.V. light are added, and R&D activities are focused on creating different types of greenhouse films. Anti-radiation, NIR blocking, fluorescent, and superheat. U.V. protection film protects plants from diseases and pests. This film prevents the U from spreading. The rays are irradiated in the greenhouse to reduce the growth of pests and diseases. Near-infrared blocking film blocks radiation and promotes plant growth. The fluorescent film only allows 300 nm-700 nm spectral radiations to enter the greenhouse. Therefore, technological advances such as soil fumigation, drip irrigation, and crop aeration should offer job opportunities. Thus, driving the Greenhouse Films market revenue.
In July 2021, UbiQD announced a partnership with Solvay for its UbiGro line of greenhouse films. The collaboration was instrumental in moving quantum dot-powered fluorescent greenhouse covers forward. The quantum dots manufactured by UbiQD convert blue and ultraviolet light into colors that are more photosynthetically active. According to UbiQD, this film increases greenhouse productivity by 20%. Solvay is expected to leverage its expertise in additives for greenhouses films to reach out to a bigger customer base.
In 2024: Saint-Gobain launched new greenhouse films with improved durability and light transmission for enhanced crop growth.
In 2023: Avery Dennison introduced advanced greenhouse films with enhanced insulation and UV protection.
Based on resin type, the Greenhouse Films market segmentation includes LDPE, LLDPE, HDPE, PVC, P.C., EVA, and EBA. The LDPE segment dominated the market, and the greenhouse film market is anticipated to be driven by factors like the rising demand for high-quality film to withstand harsh climatic conditions. The market for LDPE resin-based greenhouse film is anticipated to grow due to LDPE's superior features over other resin types, including improved thickness, optical qualities, and resistance to excessive sunlight and the outside environment. Additionally, compared to other polymer films, it is comparably cheaper, more transparent, and more flexible.
The Greenhouse Films market segmentation, based on thickness, includes <200 Microns, 200 Microns, and >200 Microns. The <200 Microns segment dominated the market due to growing benefits such as U.V. stability for resistance to solar aging. However, the 200 microns was the fastest growing category due to its excellent mechanical properties for adverse climatic conditions.
Based on application, the Greenhouse Films market segmentation includes Vegetables, Fruits, and flowers & ornamentals. The flowers & ornamentals segment dominated the market; the flowers & ornamentals category had a prominent share in 2022. Ornamental plants contribute to the quality of life. In addition, vegetables are the fastest growing due to the needs of the growing population.
On April 1st, 2020, VSC donated white plastic film (PE) 6M x 100M thickness 300 micron to Mongkutwattana Hospital for Covid-19 patients’ negative pressure chamber construction purposes. With the increasing number of infected people, this new invention helps add up more patient rooms as it is also safer for medical staff.
Figure1: Greenhouse Films Market, by Application, 2022 &2032(USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Greenhouse Films market area will dominate this market. The increasing need to enhance agricultural yield and a growing focus on nutritious food products and indoor farming will boost market growth in this Region.
Also, major countries reviewed in the market report include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, Korea, South Korea, and Brazil.
Figure2: GREENHOUSE FILMS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Greenhouse Films market accounts for the second-largest market share due to consumers increasing preference for plant-based food, propelling the greenhouse films market growth.
Further, the German Greenhouse Films market held the largest market share, and the UK Greenhouse Films market was the highest-growing market in the European Region.
The Asia-Pacific Greenhouse Films Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due increasing availability of plastic raw materials paving the way for product innovation. Moreover, China’s Greenhouse Films market held the largest market share, and the Indian Greenhouse Films market was the highest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the Greenhouse Films market grow even more. Market participants are also undertaking different strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Greenhouse Films industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s uses in the Greenhouse Films industry to benefit clients and increase the market sector. Years, the Greenhouse Films industry offered some of the most significant advantages. Major players in the Greenhouse Films market, including Ginegar Plastic Products Ltd. (Israel), Lumite Inc. (U.S.), RPC Group plc (U.K.), Agriplast (Italy), Agriplast Tech India Pvt. Ltd. (India), Essen Multipack (India), Beijing Kingpeng International Hi-Tech Corporation (China), Central Worldwide Co. Ltd. (Thailand), and others, are attempting to increase market demand by investing in research and development operations.
Ginegar Plastic Products Ltd. He is a producer and producer of greenhouse cover and mulch for planting in Israel. Ginegar Plastic Products Ltd, a manufacturer of P.E. sheets and mesh for various applications in agriculture, announced that it had acquired Flextech, a manufacturer of plastic films for the agricultural, wind power, automobile, manufacturing, shipbuilding, and container industries, for $7.800 kilo.
Plastika Kritis S.A. It was established in 1970. It is one of the leading masterbatch and agricultural film producers in Europe. Its products work for the plastics industry, the horticultural and agricultural industries, and water management and environmental protection projects. Plastika Kritis has developed a new EVO AC film. These EVO AC films have 8 nanomaterial-based layers for maximum water resistance. This film should be better than other films whose additives settle and weaken within 1-2 years.
June 2017:Ginegar Plastic Products Ltd, a manufacturer of P.E. sheets and mesh for a variety of applications in agriculture, announced that it had acquired Flextech, a manufacturer of plastic films for processing the agriculture, wind power, automobile, manufacturing plants, shipbuilding, and packaging industries, for $7.8 million.
July 2019: Plastika Kritis has developed a new EVO AC film. These EVO AC films have 8 nanomaterial-based layers for maximum water resistance. This film should be better than other films whose additives settle and weaken within 1-2 years.
On March 28th, 2020, VSC supplied over a thousand square meters of clear PE film to Siriraj Hospital so as to protect medical equipment and ambulances from the COVID-19 pandemic.
In February 2020, Puma released an album made from recycled plastics through First Mile, a waste management and recycling company based in the UK. The reason behind unleashing such products is to cut down the greenhouse gas emissions through the application of recycled plastics.
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