Agricultural Films Market is Anticipated to Have Industry Growth of 4% through the End of 2030

Research Reports

Apr 12, 2023

By 2030, the agricultural films market is expected to grow USD 16 billion, growing at a CAGR of 4.00%. (2023–2030). In 2021, the market was worth USD 12.25 billion.

The increasing use of plastic agriculture for higher yields and high-quality food commodities is the main factor driving the worldwide market for agricultural films. A growing population, a shortage of arable land, and poor soil quality, along with the various advantages of agricultural films, encourage their usage, boosting the global market. Because they are used to conserve water, mulching films are projected to see a rise in demand. Mulching films can save water usage by up to 40–50% while providing a number of additional advantages, like weed control, high yield, etc. Additionally, farmers are forced to adopt plasticulture methods due to the detrimental effects of global warming and variable rainfall patterns, which is what is driving the demand for agricultural films.

Another significant factor driving the worldwide market is the usage of greenhouses to shield crops from adverse environmental conditions and to provide the right climatic conditions for plants to develop more quickly and safely. The market is constrained, nevertheless, by a number of drawbacks of plastic films, including their poor recycling rate, lack of biodegradability, and buildup of carcinogens in soil and food. However, the development of biodegradable biobased films for use in agriculture as well as advancements in recycling and waste-to-energy conversion are projected to create potential prospects for market participants.

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Regional Analysis

The worldwide agricultural market in 2021 was mostly dominated by North America and Europe. The extensive use of greenhouse farming for the year-round production of horticultural and floricultural crops is one of the main factors driving the need for agricultural films in the area. Additionally, it is anticipated that the increased use of bale wrap and silage to store fodder crops during the winter will increase product demand in North America. In Western European nations like Germany, France, and Spain, where forage is raised on enormous scales for feed, agriculture films are frequently used. The region’s expanding animal output encouraged the development of fodder, which grew the agricultural film business.

The most significant market for agricultural films has established to be in the Asia-Pacific region. The area is a global leader in the production of horticultural goods, vegetables, and cash crops. Regional use of agricultural films is anticipated to rise as institutional support for improving per-acre crop yields, in the form of agricultural subsidies, increases from numerous nations in the area. In Latin American nations like Brazil and Argentina, greenhouse farming is becoming more and more popular, and it is expected to expand dramatically. The massive horticultural sector as well as increased greenhouse farming are projected to be the main drivers of South America’s agricultural film business. The market for agricultural films in the Middle East and Africa is anticipated to grow quickly during the projected period.

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Market segmentation:

Low-density polyethylene (LDPE), ethylene-vinyl acetate (EVA), linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), reclaim polyethylene, and others

Mulching, greenhouses, silage, and other applications

Key vendors:

Important participants include RKW Team in Germany, Coveris in Austria, Rani Group in Finland, Groupe Barbier in France, Plastika Kritis in Egypt, Manufacturing Development Firm Sal in Lebanon, Polifilm Group in Germany, Sigma Plastics Group in the United States, Trioworld in Sweden, and The Grupo Armando Alvarez (Spain).

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