The global greenhouse film market size was valued at USD 6.60 Billion in 2022 and is likely to reach USD 16 Billion by 2031, expanding at a CAGR of 10.4% during the forecast period, 2023–2031. The market growth is attributed to government regulations and initiatives promoting eco-friendly agricultural practices.
Increasing adoption of greenhouse films in the agriculture industry is expected to fuel the market. The adoption is rapidly increasing as these films play a crucial role in protecting plants from external elements such as rain, wind, and pests, reducing crop losses, and ensuring better overall plant health. Agriculture poly films help to improve crop quality and agriculture productivity by providing nutrients, lessening soil erosion, rising soil temperature, and others. Greenhouse films offer numerous benefits such as temperature regulation, light transmission, and crop protection leading to enhanced productivity and yield in greenhouse environments, which are boosting the market.
Government regulations and initiatives stimulating eco-friendly agriculture practices are driving the demand for poly films. These films meet required criteria such as light transmission, crop protection & durability, and temperature regulation. It helps cultivators to increase production output, reduce their consumption of water, and enhance crop quality, and other resources. Several governments across the globe are investing in greenhouse films to promote smart agriculture and new innovations in the agriculture industry. For instance,
- In November 2021, the US Department of Agriculture and the United Arab Emirates introduced the Agriculture Innovation Mission (AIM) for climate alongside 31 countries and around 48 non-government partners. President Biden announced that the US aims to mobilize USD 1 billion in investment in climate-smart agriculture and food systems invention over the next five years from 2021-2025.
The market report finds that the COVID-19 pandemic hampered the greenhouse films market, due to the lockdown imposed by various governments around the world. During the pandemic, the agriculture sector faced uncertainties, affecting farmer’s decisions to invest in greenhouse projects and the expansion of greenhouse operations.
However, the reduced number of COVID-19 cases and the implementation of subsequent strategies by government and non-government organizations are boosting the greenhouse film market post pandemic.
Impact of Artificial Intelligence on Greenhouse Film Market
Artificial intelligence is anticipated to boost the greenhouse film market during the forecast period. AI systems deliver greenhouse operators numerous production-related benefits, as they give greenhouse operators the ability to further improve environmental control.
It requires vast amounts of sensor data, not only for temperature and humidity, but for light spectrum, light intensity, water quality, and more. Using the data, AI systems adjust curtains, vents, light spectrum, intensity, and much more to harvest the best crop results.
For example, Digital Twin Greenhouse uses AI to create 3D greenhouse models that are updated in real-time with new data supplied from real-world counterparts. Continuous data updates allow the model to become increasingly accurate over time. The emergence of AI is expected to enhance greenhouse farming, resulting in an increase in yields.
Greenhouse Film Market Dynamics
Major Drivers
Rising need for improving agricultural yield with a growing focus on nutritional food products and indoor cultivation is anticipated to drive the growth of the greenhouse film market. Yields such as lettuce, tomatoes, cucumbers, and basil grow outdoors only during a specific period of the year.
Greenhouse films are used in greenhouse structures to help in the cultivation of such crops during the off-season. Thus, it reduces the cost and helps to create the desired environment for particular crops, which is likely to boost the greenhouse film market.
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In August 2023, Abu Dhabi Development (ADQ) partnered with Safe Heaven Solutions, a Netherlands-based climate-smart agriculture solution provider to launch a high-tech greenhouse at ADQ’s cutting-edge AgTech park in KEZAD. The automated 10-hectare facility intends to utilize advanced agriculture technology to surge natural food production in the UAE.
Existing Restraints
Fluctuations in raw material prices are expected to hamper the greenhouse film market. The raw materials used in greenhouse film production experience significant volatility. The greenhouse film market relies on raw material availability and pricing stability to ensure consistent production and supply. Fluctuating raw materials prices pose challenges for manufacturers, leading to uncertainties in pricing strategies, production planning, and profitability.
Emerging Opportunities
Increasing demand for customizable films and the research & development activities to produce different types of greenhouse films are expected to create lucrative opportunities for the market players. Adding features in greenhouse films such as NIR blocking, UV ray protection, and ultra-thermic, and fluorescent are expected to boost the market. These features enhance the growth of plants by maintaining sufficient sunlight, moisture, temperature, and humidity inside the greenhouse. This factor is likely to increase the demand for customizable films in the market.
Scope of Greenhouse Film Market Report
The market report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Greenhouse Film Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Resin (Linear Low-density Polyethylene, Low-density Polyethylene, Polyvinyl Chloride, and Others), Thickness (80 to 150 Microns, 150 to 200 Microns, and More than 200 Microns), and Application (Vegetables, Flowers, Fruits, and Ornamental Plants)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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RKW Group; POLIFILM GROUP; Lumite, Inc.; UbiQD, Inc.; Grupo Armando Alvarez; Ginegar Plastic Products Ltd.; Essen Multipack Limited.; DuPont; Berry Global Inc.; Avient; and Amcor plc
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Greenhouse Film Market Segment Insights
Resin Segment Analysis
Based on resin, the greenhouse film market is divided into linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), polyvinyl chloride, and others. The low-density polyethylene (LDPE) segment is expected to expand at a significant pace during the projection period, due to the increasing demand for high-quality film to sustain adverse climatic changes.
The high thickness of the film, low cost, optical properties, and high resistance to sunlight & outdoor environments are a key properties that are boosting the demand for LDPE. In addition, low-density polyethylene creates a suitable environment for agricultural applications, ease of use, and high clarity, and their low cost boosts their demand in emerging regions.
The Linear low-density polyethylene (LLDPE) segment is anticipated to hold a key share of the market in the coming years, due to its affordability, versatility, and ability to meet the demands of several agricultural applications. It provides a reliable and long-lasting solution for cultivators, contributing to their overall productivity and profitability in the greenhouse farming sector. This factor is likely to boost the segment in the market.
Thickness Segment Analysis
On the basis of thickness, the global market is segregated into 80 to 150 microns, 150 to 200 microns, and more than 200 microns. The 150 to 200 microns segment is projected to register a considerable CAGR during the forecast period, due to the increasing necessity to stabilize greenhouse films with correct light stabilizers and UV absorbers.
The greenhouse films with thickness ranging from 150 to 200 microns allow transmission of light, resist exposure to UV light, and protect crops from severe weather conditions and pests. These features are driving the utilization of greenhouse films.
Application Segment Analysis
Based on application, the greenhouse film market is segmented into vegetables, flowers, fruits, and ornamental plants. The ornamental plants segment is expected to register a robust growth rate during the forecast period, owing to increasing demand from customers.
Ornamental plants contribute immensely to the quality of life. They are an essential part of outdoor and indoor architecture. It has increased significantly, in volume and value of production as well as specialization and commercialization globally. The rising cultivation of ornamental plants in greenhouses is driving the growth of the market.
Regional Analysis
In terms of region, the global greenhouse film market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Aisa Pacific is expected to dominate the market during the projection period, due to the high population growth and rising greenhouse cultivations. Favorable government initiatives for agriculture are helping the growth of greenhouse film in emerging countries such as Japan, China, Thailand, and India.
The structure of the agriculture industry is continuously transforming, with modern technologies prompting the overall development of farming and forestry. This increase in the agriculture industry is anticipated to boost the market in the region.
The market in North America is anticipated to expand at a rapid pace in the coming years, due to the increasing trend of protected cultivation and strong agricultural sector. The regional market growth is further attributed to the increasing need for controlled farming, the rising population, and the growing need to improve agricultural productivity. Demand for Anti-condensation films, which effectively reduce moisture and prevent plant disease, contributes to the growth of the market in the region.
- In August 2023, Gotham Greens an American fresh food and urban agricultural company introduced officially debuted its second high-tech hydroponic greenhouse in Colorado. This new opening increased the production capacity in the Rocky Mountain area by fivefold.
Segments
The global greenhouse film market has been segmented on the basis of
Resin
- Linear Low-density Polyethylene
- Low-density Polyethylene
- Polyvinyl Chloride
- Others
Thickness
- 80 to 150 Microns
- 150 to 200 Microns
- More than 200 Microns),
Application
- Vegetables
- Flowers
- Fruits
- Ornamental Plants
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- RKW Group
- POLIFILM GROUP
- Lumite, Inc.
- UbiQD, Inc.
- Grupo Armando Alvarez
- Ginegar Plastic Products Ltd.
- Essen Multipack Limited.
- DuPont
- Berry Global Inc.
- Avient
- Amcor plc
Competitive Landscape
Key players competing in the global greenhouse film market are RKW Group; POLIFILM GROUP; Lumite, Inc.; UbiQD, Inc.; Grupo Armando Alvarez; Ginegar Plastic Products Ltd.; Essen Multipack Limited.; DuPont; Berry Global Inc.; Avient; and Amcor plc.
These market players adopt various strategies including mergers, acquisitions, collaboration, partnerships, product launches, and production expansion to expand their consumer base globally.
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In July 2020, UbiQD, Inc., an advanced material company powering product innovations in agriculture and security, partnered with Solvay Group for the development of next-generation luminescent greenhouse technology under the UbiGro line of greenhouse films. UbiGro is a layer of light that aids plants to get more from the sun. It uses fluorescence to make a more optional light spectrum for crops.
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