Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.05 Billion | USD 23.89 Billion | 6.95% | 2023 |
The global agricultural films market size was worth around USD 13.05 billion in 2023 and is predicted to grow to around USD 23.89 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.95% between 2024 and 2032.
The report of agricultural films market provides a comprehensive glance on a global and regional level. The study provides historical data of 2018 to 2022 along with a forecast from 2024 to 2032 based revenue (USD Billion) and volume (Kilotons).
Agriculture films are also called plasticulture and refer to the use of plastic materials in various agricultural applications. These agricultural films are utilized in several agricultural applications, such as a greenhouse, mulch, silage, geo-membrane applications, etc.
The global agricultural films market is likely to experience significant in the upcoming years, owing to the rising food demand due to increasing population in developing economies and growing demand for agricultural films for various applications, such as greenhouse films, mulch films, silage films, and geo-membrane films. Additionally, robust industrialization and easy availability of raw materials are also expected to drive the global agricultural films market in the years to come. However, stringent government regulations related to the manufacturing of agricultural films may act as a restraining factor for the growth of the agricultural films market globally. Alternatively, the growing focus on making environmentally sustainable agricultural films is likely to open new growth avenues for the major players of the agricultural films market globally.
The study covers the key drivers and restraints of the agricultural films market along with their market impact within the forecast period. Furthermore, the study also includes the opportunities accessible within the agricultural films market on a global level.
In order to offer the users of this report, a comprehensive read of the agricultural films market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the agricultural films market has additionally been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the agricultural films market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of the key players in the market on a regional basis.
The study provides a crucial view of the agricultural films market by segmenting it based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
On the basis of polymer type, the global agricultural films market includes ethyl vinyl acetate, ethyl butyl acrylate, low density polyethylene, high density polyethylene, linear low density polyethylene, and others (EVA, EVOH, PVC, and ETFE).
On the basis of application segment, the global agricultural films market comprises greenhouse films, mulch films, silage films, and geo-membrane films. In 2023, the greenhouse and mulch films application segments dominated the agricultural films market globally.
Report Attributes | Report Details |
---|---|
Report Name | Agricultural Films Market Research Report |
Market Size in 2023 | USD 13.05 billion |
Market Forecast in 2032 | USD 23.89 billion |
Growth Rate | CAGR of 6.95% |
Number of Pages | 130 |
Key Companies Covered | BASF, Ab Rani Plast, Exxon Mobil, Berry Global, Henan YinFeng Plastic, Armando Alvarez, Plastika Kritis, Kuraray, The Dow Chemical Company, and Trioplast Industrier. |
Segments Covered | By Polymer Type, By Application, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
In 2023, the Asia Pacific region was the largest agricultural films market globally. This regional growth can be mainly attributed to the rising regional population that is fueling the demand for food across the region. Moreover, the Asia Pacific agricultural films market is anticipated to be the fastest growing over the next few years, owing to the substantial developments witnessed in the region’s agricultural industry. North America was the second largest agricultural films market in 2023 globally. The U.S. was the major contributor to the region’s agricultural films market growth. North American countries (the U.S., Canada, and Mexico) are observing a growing demand for agricultural films, as rising food demand is estimated to benefit this regional market growth in the future.
Some major players of the global agricultural films market are:
Global Agricultural Films Market: Polymer Type Analysis
Global Agricultural Films Market: Application Analysis
Global Agricultural Films Market: Regional Analysis
FrequentlyAsked Questions
Agriculture films are also called plasticulture and refer to the use of plastic materials in various agricultural applications. These agricultural films are utilized in several agricultural applications, such as a greenhouse, mulch, silage, geo-membrane applications, etc.
According to study, the global Agricultural Films Market size was worth around USD 13.05 billion in 2023 and is predicted to grow to around USD 23.89 billion by 2032.
The CAGR value of Agricultural Films Market is expected to be around 6.95% during 2024-2032.
Asia Pacific has been leading the global Agricultural Films Market and is anticipated to continue on the dominant position in the years to come.
The global Agricultural Films Market is led by players like BASF, Ab Rani Plast, Exxon Mobil, Berry Global, Henan YinFeng Plastic, Armando Alvarez, Plastika Kritis, Kuraray, The Dow Chemical Company, and Trioplast Industrier.
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