Agricultural Films Market, by Application (Greenhouse Films {Low Tunnels, Classic Greenhouse Films, and Macro Tunnels/Walking Tunnels}, Mulch Films {Black Mulch, Transparent/Clear Mulch, and Other Mulches}, and Silage {Silage Sheet, Silage Bag, and Silage Stretch Wrap}), Type (Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA), High Density Polyethylene (HDPE), Reclaim, and Others), and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) — Industry Trends and Forecast (2023-2032)

The Global Agricultural Films Market was valued at USD 11.87 Billion in 2021 and it is expected to register 6.90% CAGR during the forecast period. Agricultural films use plastic which is resistant to rust and other forms of corrosion and it also assists in conserving water, protecting soil moisture, and increasing the crop production. Factor driving the growth of the agricultural films market is by the rising demand for agricultural films in the application of greenhouse films, silage, and mulch films.

Also, with the increasing agricultural production and dairy industries, agricultural films help increase productivity by minimizing soil erosion and improving the crop quality. Hence, these factors are expected to boost the global revenue for agricultural films market.

Further, in application of agricultural films huge number of plastic materials are used, which are contributing to global warming and environmental pollution. Also, plastics are not properly disposed by the farmers which later release dioxins and metals that are harmful to the environment. These factors are restraining the global agricultural films market.

Increasing environmental concerns among people has encouraged to adopt biodegradable films. Recyclable/biodegradable plastics have gained importance in developed countries, creating opportunities for the manufacturers of biodegradable agricultural films.

The plastic agricultural films comprise polythene that does not degrade properly in soil. This leads to soil pollution making the land infertile and inappropriate for further production, which is a challenge for the agricultural films market.

Impact of COVID-19 on Global Agricultural Films Market

With the emergence of Covid-19 pandemic, the agricultural films market has been affected negatively during the initial stage, due to the global lockdown with heavy restrictions across the countries in order to control the spread of infectious virus.

However, the overall demand for agricultural films has declined due to slow agricultural production during the pandemic. With the global lockdown, the overall production stopped which resulted in negative growth rate.

Further, with the opening of industries during the end of 2020 due to government guidelines, the agricultural films market is anticipated to witness positive growth in their revenue structures during the forecast period. 

Market Segmentation

The global agricultural films market report has been segmented by application, type, and region.

FIGURE 1: GLOBAL AGRICULTURAL FILMS MARKET SEGMENTATION

fig 1

Global Agricultural Films Market, by Application

Based on application, the agricultural films market is divided into greenhouse films, mulch films, and silage. Further greenhouse films are segmented into low tunnels, classic greenhouse films, and macro tunnels/walking tunnels. Further mulch films are segmented into black mulch, transparent/clear mulch, and other mulches. Further silage is segmented into silage sheet, silage bag, and silage stretch wrap.

Greenhouse films captured the largest market share for agricultural films in 2021 and it is anticipated to remain largest market during the forecast period due to various advantages like it controls fungal diseases as well as acts as a better heat insulator.

Also, greenhouse films are easy to maintain, affordable, and they have efficient light diffusion. These factors are driving the growth of the agricultural films market.

Global Agricultural Films Market, by Type

Based on type, agricultural films market is segmented into Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA), High Density Polyethylene (HDPE), Reclaim, and others. Among these, LLDPE holds the largest market share for agricultural films in 2021 and it is expected dominate the segment during the forecast period.  

Factors attributed the growth of LLDPE segment are higher puncture resistance, moisture barrier as well as high tensile strength.

Further, LLDPE involves lower production cost and provides high product performance. These factors are boosting the agricultural films market by LLDPE segment.

Global Agricultural Films Market, by Region

Based on region, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Among these, Asia Pacific is dominating the agricultural films market in 2021 and it is expected to remain dominant during the forecast period also.

Factors attributed to the growth of the Asia Pacific region are increasing population growth, strongest regional market, and presence of manufacturers in this region.

Asia Pacific is the leading producer of agricultural products. With the depleting arable land, the need for agriculture has increased immensely. This is another important factor driving the growth of the agricultural films market in Asia Pacific region.

Recent Developments in the Global Agricultural Films Market

  • November 2020 – BASF announced its plastic additives portfolio expansion in Pontecchio Marconi, Italy. The new technology will deliver a wide range of NOR solutions that will help in growing its agriculture industry.
  • July 2019 – Berry Global Group announced its acquisition of RPC Group Plc. This agreement makes Berry Global Group a leading global supplier of value-added protective solutions.
  • August 2018 – Berry Global Group announced its acquisition of Laddawn, Inc. With this acquisition, the company aims to expand its engineered product segment on mobile and web sales.

Market Segmentation:

By Application: 

  • Greenhouse Films
    • Low Funnels
    • Classic Greenhouse Films
    • Macro Tunnels/Walking Tunnels
  • Mulch Films
    • Black Mulch
    • Transparent/Clear Mulch
    • Other Mulches
  • Silage
    • Silage Sheet
    • Silage Bag
    • Silage Stretch Wrap

By Type: 

  • Low Density Polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Ethylene Vinyl Acetate (EVA)
  • High Density Polyethylene (HDPE)
  • Reclaim
  • Others

By Region:

North America Agricultural Films Market

  • North America, by Country
    • U.S.
    • Canada
    • Mexico
  • North America, by Application
  • North America, by Type

Europe Agricultural Films Market

  • Europe, by Country
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • The Rest of Europe 
  • Europe, by Application
  • Europe, by Type

Asia Pacific Agricultural Films Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • The Rest of Asia Pacific 
  • Asia Pacific, by Application
  • Asia Pacific, by Type

Middle East & Africa Agricultural Films Market

  • Middle East and Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • The Rest of Middle East & Africa
  • Middle East and Africa, by Application
  • Middle East and Africa, by Type

South America Agricultural Films Market

  • South America, by Country 
    • Brazil
    • Argentina
    • The Rest of South America 
  • South America, by Application
  • South America, by Type

Major Companies: In this report, the major companies studied are Kuraray Co. Ltd., The RKW Group, Berry Global Inc., BASF SE, Plastika Kritis S.A., AB Rani Plast OY, Grupo Armando Alvarez, Coveris, and Dow Chemical Company.

Objectives of this Report:

  • To estimate the market size for the agricultural films market on a regional and global basis.
  • To identify major segments in the agricultural films market and evaluate their market shares and demand.
  • To provide a competitive scenario for the agricultural films market with major developments observed by the key companies in the historic years.

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that impacting on agricultural films market?
  • What the market size both in terms of value and volume for global agricultural films market?
  • Who are leading market players and who are the new market players that operate in the global agricultural films market with an estimated market share?
  • What are the future investment and opportunities in the global agricultural films market?
  • Impact of COVID-19 on global agricultural films market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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