Industrial Films Market Trends

Statistics for the 2023 & 2024 Industrial Films market trends, created by Mordor Intelligence™ Industry Reports. Industrial Films trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Market Trends of Industrial Films Industry

This section covers the major market trends shaping the Industrial Films Market according to our research experts:

Increasing demand from Agriculture Industry

  • The usage of industrial films in the agricultural industry contributed to greater efficiency and crop productivity. Therefore, the use of industrial films in agriculture has significantly increased.
  • Industrial films have several applications in the agriculture industry for farming and gardening, which include a greenhouse, silage, mulching, walk-in tunnel, and low tunnel covers, among others.
  • Acceleration of the development of agricultural information technology and the construction of innovative agricultural production and business models on the basis of smart agriculture has been promoting the development of the agricultural sector in recent times.
  • A rapidly growing population all over the world is fueling the growth of the agriculture industry. Countries, such as China, the United States, India, Brazil, are the top agricultural producing countries globally. The use of industrial films in agriculture is rapidly growing in these countries.
  • Therefore, the demand for industrial films from the agriculture industry across the globe is expected to grow during the forecast period.
Industrial Films Market, Revenue (%), by End-user Industry, Global, 2019

Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries, such as China, India, and Japan.
  • Growing agriculture, building and construction, packaging industries in Countries, such as China, India, and Japan. are expected to drive the demand for industrial films in the region during the forecast period.
  • China is ranked as the top agricultural production country in the world. The agriculture sector in the country has been growing rapidly in recent times. Additionally, the government has been taking initiatives for the establishment of international cooperation to push forward green development in the agricultural industry and rural regions through the advancement of science and technology.
  • The packaging industry in China has been witnessing exponential growth, with the increasing trend of express deliveries. Additionally, with the growth in industrial and FMCG products, the packaging demand has been increasing in the country, which is expected to further boost the demand for the market studied in the coming years.
  • India is one of the largest producers of agriculture products globally. Growing demand for wheat, rice, fruits and vegetables, sugarcane, cotton, and oilseeds, along with rising urban and rural incomes, are boosting Indian agriculture production.
  • Furthermore, with the rapid increase in population across China, India, and Japan, among others, the demand for construction is expected to increase, which, in turn, may augment the usage of industrial films in the construction activities considerably.
  • Hence, the growing end-user industries are expected to boost the demand for industrial films in countries of the Asia-Pacific region over the forecast period.
Industrial Films Market - Growth Rate by Region, 2020-2025

Industrial Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)