The global agricultural films market is growing at a significant CAGR of around 6.4% during the forecast period (2020-2026). The major factors that are primarily driving the growth of the market include the growing demand for food security. According to the researchers at the University of Bonn, the global food production could fall by over 20% by 2050, and at the same time, the global population is projected to reach 9.8 billion in 2050. Along with this, the current cycle of climate fluctuations that the planet is undergoing will pose a negative impact on natural ecosystems and will have environmental stresses on agricultural productivity. Therefore, the agricultural films offer a desirable climate to the crops, in order to enhance the soil nutrients and maintain the value of appropriate nutrients.
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In addition, the increasing use of biodegradable agricultural films and nano greenhouses are expected to offer growth opportunity to the agricultural films market during the forecast period. Biodegradable plastic mulches provide an effective environment to produce crops as compared to conventional polyethylene mulch. Biodegradable plastic mulches also enhance the microbial activity of the soil and increases the containment of fungal taxa. These benefits of biodegradable agricultural films will lead to the growth of the agricultural films market in the near future. However, the high cost of installation and adverse impact of plastics on environment will affect the market growth during the forecast period.
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Market Segmentation
Global Agricultural Films Market by Material
• Low-Density Polyethylene (LDPE)
• Linear Low-Density Polyethylene (LLDPE)
• Ethylene-Vinyl Acetate (EVA)
• High-Density Polyethylene (HDPE)
• Others (Reclaim)
Global Agricultural Films Market by Application
• Greenhouse
• Silage
• Mulching
• Others (Baler Film and Peat Film)
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Ab Rani Plast Oy
• Armando Alvarez Group
• Barbier Group
• BASF SE
• Berry Global Inc.
• Coveris Management GmbH
• Essen Multipack Ltd.
• Ginegar Plastic Products Ltd.
• Integro, Inc.
• Novamont S.p.A.
• POLIFILM GmbH
• Polythene UK Ltd.
• RKW Group
• SHOUMAN Co.
• Specialty Polyfilms Pvt. Ltd.
• Trioplast Industrier AB
• Xinjiang Rival Tech Co., Ltd.
• Zill GmbH & Co. KG
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