Global Agricultural Films Market Size, Trends, and Growth Opportunity, By Type (Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Reclaim, Ethylene-Vinyl Acetate (EVA), High-Density Polyethylene (HDPE), Others), By Application (Green House Film, Mulching Film, Silage Film), By Region and forecast till 2027.
Global Agricultural Films Market
The Global Agricultural Films market was valued at USD 11.05 billion in 2021 and is expected to expand USD 15.9 billion at a CAGR of 6.9 % during the forecast period 2022- 2027.
Agriculture films are also called plasticulture which refers to the use of plastic materials in various agricultural applications. They are wrapped around fodder or placed over soil and provide a desirable climate, enhance soil nutrients, and improve crop quality and overall productivity.
Market Drivers
The growing population and shrinkage of arable land increase the demand for food and rising farmers' adoption of technological advancements act as a major factor driving the market.
Agricultural films minimize soil erosion, provide nutrients, increases soil temperature, suppress the growth of weed, and improves agricultural output propelling the market growth. The growing use of biodegradable agricultural films because of their eco-friendliness accelerates the growth of the agricultural film market.
Market Restraints
The high cost associated with the installation hinders the growth of the market. Additionally, the negative effects of plastics on the environment and stringent government regulations regarding the use of plastics and polythene anticipated the growth of the Agricultural Films Market.
COVID-19 Impact on Global Agricultural Films Market
An outbreak of covid-19 adversely impacted the market as a lockdown is imposed by the government and strict regulations caused a shutdown of the manufacturing sector and disruption in the supply chain of raw materials. The unavailability of labors reduces agricultural activities which decreases the demand for agriculture films to some extent during a pandemic.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the agricultural films market:
Disruptions in the supply chain: Many Agricultural Films manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting agricultural film production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for agricultural films in the region.
Increase in natural gas prices: Natural gas prices may rise as a result of the conflict due to supply disruptions, affecting demand for agricultural films in the short term.
Market Segmentation
The Global Agricultural Films market is segmented on the basis of type, Application, and region. Based on type, it is segmented into Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Reclaim, Ethylene-Vinyl Acetate (EVA), High-Density Polyethylene (HDPE), and Others. On the basis of Application, it is segmented into Green House Film, Mulching Film, and Silage Film. Greenhouse film is further segmented into Classic Greenhouse Film, Macro Tunnel/Walking Tunnel, and Low Tunnels. The Mulching Film is segmented into Transparent or Clear Mulch, Black Mulch, and Other Mulch. Silage Film is segmented into Silage Stretch Wrap, Silage Sheet, and Silage Bag. Based on Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The Global Agricultural Films market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific dominates the market due to the growing agriculture industry and rising government support in this region. Europe also witnessed a significant rise in the agricultural film market during the forecast period of 2022 to 2027.
Key Players
Various key players are listed in this report such as Berry Global Inc. (US), Kuraray Co. Ltd. (Japan), Coveris (Austria), The RKW Group (Germany), BASF SE (Germany), AB Rani Plast OY (Finland), The Dow Chemical Company (US), Grupo Armando Alvarez (Spain), Plastika Kritis S.A (Greece), ACHILLES CORPORATION, POLIFILM
Market Taxonomy
By Type
• Linear Low-Density Polyethylene (LLDPE)
• Low-Density Polyethylene (LDPE)
• Reclaim
• Ethylene-Vinyl Acetate (EVA)
• High-Density Polyethylene (HDPE)
• Others
By Application
• Green House Film
o Classic greenhouse film
o macro tunnel/walking tunnel
o Low tunnels
• Mulching Film
o transparent or clear mulch
o black mulch
o other mulches
• Silage Film
o silage stretch wrap
o silage sheet
o silage bag
• By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Agricultural Films Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Agricultural Films Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Agricultural Films Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Agricultural Films Market Share Analysis, By Type
5.3 Global Agricultural Films Market Size and Forecast, By Type
5.3.1 Linear Low-Density Polyethylene (LLDPE)
5.3.2 Low-Density Polyethylene (LDPE)
5.3.3 Reclaim
5.3.4 Ethylene-Vinyl Acetate (EVA)
5.3.5 High-Density Polyethylene (HDPE)
5.3.6 Others
6 Global Agricultural Films Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Agricultural Films Market Share Analysis, By Application
6.3 Global Agricultural Films Market Size and Forecast, By Application
6.3.1 Green House Film
6.3.1.1classic greenhouse film
6.3.1.2 macro tunnel/walking tunnel
6.3.1.3 low tunnels
6.3.2 Mulching Film
6.3.2.1transparent or clear mulch
6.3.2.2 black mulch
6.3.2.3 other mulches
6.3.3 Silage Film
6.3.3.1 silage stretch wrap
6.3.3.2 silage sheet
6.3.3.3 silage bag
7 Global Agricultural Films Market, By Region
7.1 Global Agricultural Films Market Share Analysis, By Region
7.2 Global Agricultural Films Market Share Analysis, By Region
7.3 Global Agricultural Films Market Size and Forecast, By Region
8 North America Global Agricultural Films Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Agricultural Films Market Share Analysis, By Type
8.3 North America Global Agricultural Films Market Size and Forecast, By Application
8.4 North America Global Agricultural Films Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Agricultural Films Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Agricultural Films Market Share Analysis, By Type
9.3 Europe Global Agricultural Films Market Size and Forecast, By Application
9.4 Europe Global Agricultural Films Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Agricultural Films Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Agricultural Films Market Share Analysis, By Type
10.3 Asia Pacific Global Agricultural Films Market Size and Forecast, By Application
10.4 Asia Pacific Global Agricultural Films Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Agricultural Films Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Agricultural Films Market Share Analysis, By Type
11.3 Latin America Global Agricultural Films Market Size and Forecast, By Application
11.4 Latin America Global Agricultural Films Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Agricultural Films Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Agricultural Films Market Share Analysis, By Type
12.3 Middle East Global Agricultural Films Market Size and Forecast, By Application
12.4 Middle East Global Agricultural Films Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Berry Global Inc. (US)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Kuraray Co. Ltd. (Japan)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Coveris (Austria)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 The RKW Group (Germany)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 BASF SE (Germany)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 AB Rani Plast OY (Finland)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 the Dow Chemical Company (US)
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Grupo Armando Alvarez (Spain)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Plastika Kritis S.A (Greece)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 ACHILLES CORPORATION
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 POLIFILM
14.11.1 Overview
14. 11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
