Greenhouse film Market Overview to 2023
Greenhouse film is a type of protective films which are used to keep the internal environments of greenhouse in control for better quality and crop yield. The films are extensively used to control the amount of sunlight and temperature in the greenhouses and protect the crops from wind, rain and other harsh conditions. The global greenhouse films market is projected to exhibit a remarkable growth with a CAGR of over 11% during the forecast years.
The growing demand for greenhouses from regions with fluctuating temperatures is the major factor driving the growth of the greenhouse films market. Moreover, with the reducing arable land in many regions across the globe has augmented the demand for agricultural produce, which, in turn, is substantially driving the market growth. Moreover, the greenhouse is also used for cultivation of off-season crops, which is also a factor contributing to the revenue of greenhouse films market. However, the cost associated with the installing heating systems and others coupled with the short lifespan of greenhouse films is projected to be a major downside in the growth of the global market. Although, the advancement of technologies in the greenhouse systems is expected to be a major opportunity for the market.
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Key Players
Some of the prominent players operating in the global greenhouse film market are Gineger Plastic Products Ltd. (Israel), Plastika Kritis S.A. (Greece), RKW SE (Germany), Agriplast Srl (Italy), bpi indupac (U.K.), POLIFILM EXTRUSION GmbH(Germany), Grupo Armando Alvarez (Spain), Eiffel S.p.A (Italy), Fvg Folien Vertriebs GmbH (Germany), A.A Politiv (Israel), and Agripolyane (France).
Segmental Analysis
The global greenhouse film market is segmented into a resin type, thickness, and application. On the basis of resin type, the market is segregated into polyethylene, ethylene vinyl acetate (EVA), ethylene butyl acrylate (EBA), polyvinyl chloride, polycarbonate, Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), and high-density polyethylene (HDPE). On the basis of the thickness, the market is segmented into 80<200 microns, 200 microns, >200 microns. On the basis of the application, the market is further segregated into vegetables, flowers & ornamentals, fruits, and others.
Intended Audience
- Greenhouse film plastic
- Traders and Distributors of Greenhouse film market
- Production process industries
- Potential investors
On the basis of the resin type, low-density polyethylene (LDPE) is projected to account for the largest share in 2016, and continue its dominance during the forecast period. LDPE films offer better thickness, enhance resistivity to sunlight, and have high optical properties which makes them desirable amongst the other resin types. On the basis of the thickness, size of 200 microns is projected to grow at the highest CAGR during the forecast period. These sheets are manufactured with a five-layer technology and durable in nature. Furthermore, they are comparatively efficient in terms of temperature resistance and crop yield.
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Regional Analysis
The greenhouse film market is segmented across five regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Asia Pacific is the largest market and is expected to grow at an expanding CAGR during the assessment period 2018–2023. The growing population in the region has augmented the demand for agricultural produce, which is positively contributing to the growth of the regional market. Additionally, tropical climate in the region is also fuelling the use of greenhouse for higher crop yield. The presence of major agrarian economies in the region coupled with the growing awareness amongst the farming population about the benefits of the greenhouse is surging the growth further.
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