Greenhouse Film Industry 2022: Asia Pacific Records Significant Growth In Market Size & Share, Major Manufacturers Analysis And Forecast Till 2028

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The greenhouse film market size was estimated at US$6.03 billion in 2021 and is projected to reach US$10.21 billion by 2028, with a healthy CAGR of 7.8%.

This press release was originally distributed by SBWire

Pune, Maharashtra — (SBWIRE) – 07/20/2022 – Greenhouse Film Market Report Scope:

Both horticultural and ornamental crops can be grown in a greenhouse under regulated climate conditions. A greenhouse is a framed or inflatable structure coated with a transparent or translucent material. The transparent or translucent substance is actually a greenhouse film that helps increase yield and protect against wind, rain and frost damage. As a result, demand for films would increase as greenhouse farming became more widespread. To grow healthy crops, greenhouse film provides an efficient barrier against pests, diseases and extreme weather conditions. In addition, it helps extend the growing season and reduces dependence on synthetic fertilizers and pesticides.

According to the latest market research report published by SNS Insider, the greenhouse film market is expected to surpass USD 10.21 billion by 2028 at a lucrative CAGR of 7.8% over the forecast period 2022-2028.

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Drivers, limitations, opportunities and challenges

The global greenhouse film market is expected to witness significant expansion in the anticipated period. The world population has increased over time and continues to increase, driving up the demand for food. In addition, demand for land, a finite resource, has increased. The introduction of technologies such as the greenhouse will help to meet the increasing demand for agricultural products. As a result, the growing need for agricultural production has had a significant impact on the development of greenhouse films. However, the high cost of installing greenhouse films limits their use in some countries; For example, the most popular greenhouse glass requires an expensive, durable structure. High investments are therefore slowing down the global market for greenhouse films.

Effects of the COVID-19 pandemic

Manufacturing of the raw materials for agricultural textiles has been suspended due to the outbreak of COVID-19. The majority of these raw materials come from the centers of agricultural textile production in Asia, which include India, China, Japan, Singapore and Thailand. The recent outbreak of the coronavirus in Asia-Pacific has disrupted supplies of these important chemicals.

Greenhouse Film Market Segmentation Analysis 2022

Depending on the type, LDPE greenhouse films are widely used around the world. Strong thickness, high sunlight resistance, low cost and optical qualities are LDPE properties that make it suitable. The LDPE is ideal for agricultural applications due to its many advantages including ease of use and great clarity.

The thickness range between 150 and 200 microns is the one that expands fastest due to its advantages including exceptional light transmission, excellent mechanical properties for harsh environmental conditions and UV stability for resistance to sun aging.

Depending on the application, the flowers and ornamental plants segment is the fastest growing segment. These plants produce a vibrant, organic beauty that improves people’s standard of living and form a significant commercial segment of the ornamental plant business. Production volume, value, specialization and commercialization have increased significantly worldwide.

The main segments and sub-segments of the Greenhouse Film market are as follows:

By type:
– LDPE
– LLDPE
– EVA
– Other (PVC and EBA)

By width:
– 4.5
– 5.5
– 7
– 9
– Other (9 to 20 meters)

By Thickness:
– 80 to 150 microns
– 150 to 200 microns
– more than 200 microns

After application:
Vegetables
– fruits
– Flowers and ornamental plants
– Other

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(Have specific questions about this study? Let’s talk to our market experts to get a better understanding of the market status.)

Regional Analysis

The main factor driving the greenhouse film market is the growing population in the APAC region. It has increased food demand, which has put pressure on agricultural productivity. China is the largest producer and user of greenhouse films in the region. India has a largely agricultural economy. In Japan, greenhouse plants are used to meet the need for vegetables and flowers. After China and Japan, South Korea is another important market for greenhouse films.

Outlook on the competitive landscape

Some of the leading companies in the greenhouse film market are Agriplast Tech India Pvt. Ltd., Thai Charoen Thong Karntor Co. Ltd., Beijing Kingpeng International Hi-Tech Corporation, Son Company Limited, Tuflex India, Essen Multipack, RPC Group plc, Central Worldwide Co. Ltd. and Ginegar Plastic Products Ltd.

Frequently asked questions in this report are:

– What is the estimated value of the Global Greenhouse Film Market?
What is the growth rate of the global greenhouse film market?
– What is the forecast size of the global greenhouse film market?

Table of Contents – Important Key Points

1 Introduction

2. Research methodology

3. Market Dynamics

4. Impact Analysis

5. Analysis of the value chain

6. Porter’s 5 forces model

7. PEST Analysis

8. Greenhouse Film Market Segment by Type

9. Greenhouse Film Market Segment by Width

10. Greenhouse Film Market Segment by Thickness

11. Greenhouse Film Market Segment by Application

12. Regional Analysis

13. Company Profile

14. Competitive Landscape

15. Conclusion

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