According to study, “Greenhouse Films Market Research Report: by Resin Type (LDPE, LLDPE, HDPE, PVC, PC, EVA, EBA), by Thickness (<200 Microns, 200 Microns, >200 Microns), by Application (Vegetables, Fruits, Flowers & Ornamentals, Others), and Region - Forecast to 2023” the key companies operating in the greenhouse films market are Ginegar Plastic Products Ltd., Agriplast Tech India Pvt. Ltd., Lumite Inc., Central Worldwide Co. Ltd., Agriplast, RPC Group plc. The key players offer customized plastic film according to distinctive light & temperature requirements of many field-grown fruits or vegetables. The players are also introducing innovative products in the market to provide to the growth in demand for consumers. Global players are entering new markets in developing regions to strengthen market presence, increase their customer base, and boost their market share in the global greenhouse film industry.
Greenhouse or shade-house film is an artificial or synthetic enclosures, created using transparent or translucent plastic film. It is used to cover the frame of crops which is cultivated in the greenhouse. It provides protection of crops from adverse weather conditions and appropriate farming conditions. It also protects from the weather condition for instance heavy rain, fluctuating temperature, strong wind,and snow.
Based on resin type, greenhouse films market is segmented in to Low density polyethylene (LDPE),Ethylene vinyl acetate (EVA), polyvinyl chloride (PVC), high-density polyethylene (HDPE), Ethylene butyl acrylate (EBA), Linear low density polyethylene (LLDPE) and others. Based on thickness, market is segmented into80<200 microns, 200 microns and>200 microns. Based on width, market is segmented into4.5 meter, 5.5 meter, 7 meter, 9 meter and others. In addition, based on application, market is segmented into flowers & ornamental, vegetables, and fruits.
The greenhouse films market is driven by increase in demand for greenhouse cultivated crops, followed by rise in demand for greenhouse cultivation in Asia-pacific,growth in need for controlled farming, rise in technological advancements,increase in applications of greenhouse films in plant-nurseries, growth in need to improve agricultural productivity, rise in government initiatives to improve the agricultural yield and low cost per square meter.However,susceptible to rips, tears, & puncture and low awareness of greenhouse films may impact the market. Moreover,rise in advancement in technology and increase in shift towards greenhouse cultivation are key opportunities for market. Moreover, growth in emphasis on 200 micron UV stabilized poly film is a major trend for market.
Based on geography, the North-American region holds major share, followed by European region in greenhouse films market owing to rise in investments by government organizations on agricultural schemes, increase in demand for organic food products and growth in urbanization in the region. The Asian-Pacific region is expected to witness lucrative growth owing to growth in demand for high quality food and increase in global population in the region. It is estimated that the market will be reached at fast pace on account of growth in Ultra-Violet (UV) protective & pressure-stabilized greenhouse films, which provide better protection for the plants being grown in the greenhouse. The global greenhouse films market is projected to reach US $6,408.2 million by 2023 at a CAGR of 8.25% from 2018 to 2023.
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Ankur Gupta, Head Marketing & Communications