Market Size of Agriculture Films Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.40 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Agriculture Films Market Analysis
The global agricultural films market size is expected to grow from USD 11,758.59 million in 2023 to USD 16,034.80 million by 2028, at a CAGR of 6.40% during the forecast period.
- The increasing adoption of protected cultivation practices, the focus on enhancing agricultural output, the adoption of mulching films, and the escalating demand for biodegradable films are driving the agricultural film market. The rising global population and declining arable land are raising food security concerns worldwide, bolstering the demand for agricultural films to improve agricultural productivity. Agricultural films help in soil protection, greenhouse farming, and mulching. They also provide the benefits of reduced soil erosion and compaction, temperature control, nutrient conservation, seed germination, weed control, and UV protection.
- As environmental concerns continue to rise, the demand for biodegradable agricultural films is poised to grow in the foreseeable future. These eco-friendly alternatives play a vital role in weed suppression, temperature regulation, soil nutrient and moisture preservation, and enhancing plant stability. Additionally, various governments worldwide are actively promoting sustainable agriculture and eco-friendly farming practices, further bolstering the market's prospects in the coming years.
Agriculture Films Industry Segmentation
Agricultural films are used in many innovative agricultural practices to increase the crop output per hectare while enhancing crop quality. These practices include soil protection, greenhouse farming, controlled farming, and mulching.
The agricultural films market is segmented by type (low-density polyethylene, linear low-density polyethylene, high-density polyethylene, ethyl vinyl acetate (EVA)/ethylene butyl acrylate (EBA), reclaims, and other types), application (greenhouse, silage, mulching, and other applications), and geography (North America, Europe, Asia-Pacific, South America, and Africa).
The report offers market size and forecast in terms of values in USD for all the above segments.
| Type | |
| Low-Density Polyethylene | |
| Linear Low-Density Polyethylene | |
| High-Density Polyethylene | |
| Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA) | |
| Reclaims | |
| Other Types |
| Application | |
| Greenhouse | |
| Silage | |
| Mulching | |
| Other Applications |
| Geography | |||||||||
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Agriculture Films Market Size Summary
The agricultural films market is experiencing significant growth, driven by the increasing adoption of protected cultivation practices and the need to enhance agricultural output. These films play a crucial role in improving agricultural productivity by offering benefits such as soil protection, temperature control, and weed suppression. The rising global population and diminishing arable land have heightened food security concerns, further fueling the demand for agricultural films. The market is also witnessing a shift towards biodegradable films, driven by environmental concerns and government initiatives promoting sustainable agriculture. These eco-friendly alternatives are gaining traction for their ability to preserve soil nutrients and moisture, regulate temperature, and enhance plant stability.
The Asia-Pacific region is a key driver of the agricultural films market, with a significant portion of the world's greenhouse vegetable cultivation occurring there. The region's focus on high-value and export-oriented cultivation, along with the thriving agriculture industry, supports market growth. The adoption of protected agricultural practices, particularly in countries like China, India, Japan, and South Korea, is enhancing crop productivity and quality. The market is characterized by fragmentation, with major players like Berry Global Inc., BASF SE, and Armando Alvarez Group investing in research and development to innovate biodegradable and longer-lasting products. These companies are also partnering with biotechnology firms to ensure sustainable product advancements, contributing to the market's positive outlook.
Agriculture Films Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Low-Density Polyethylene
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2.1.2 Linear Low-Density Polyethylene
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2.1.3 High-Density Polyethylene
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2.1.4 Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA)
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2.1.5 Reclaims
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2.1.6 Other Types
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2.2 Application
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2.2.1 Greenhouse
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2.2.2 Silage
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2.2.3 Mulching
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North Amercia
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Spain
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Australia
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2.3.3.4 Japan
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Africa
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2.3.5.1 South Africa
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2.3.5.2 Egypt
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2.3.5.3 Rest of Africa
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Agriculture Films Market Size FAQs
What is the current Global Agricultural Films Market size?
The Global Agricultural Films Market is projected to register a CAGR of 6.40% during the forecast period (2024-2029)
Who are the key players in Global Agricultural Films Market?
Berry Global Inc., BASF SE , Plastika Kritis SA, Armando Alvarez Group and RKW SE are the major companies operating in the Global Agricultural Films Market.
