The Agricultural Films Market is being driven by Need to increase agricultural yield
The Agricultural Films Market is expected to grow at a CAGR of 7.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5864.9 million. Agricultural films play a crucial role in enhancing crop production by controlling soil temperature, reducing moisture loss, and inhibiting weed growth. However, the disposal of these films, primarily made of polyethylene, poses environmental concerns. The accumulation of agricultural film waste in landfills can lead to soil and water pollution, while burning releases hazardous gases, threatening human health and ecosystems. In response, the agricultural sector is transitioning towards eco-friendly alternatives, such as biodegradable mulch films. These films offer similar benefits as traditional plastic mulch films but decompose naturally, mitigating environmental concerns. The adoption of biodegradable films represents a significant step towards sustainable agricultural practices.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
210 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.4% |
Market growth 2025-2029 |
USD 5864.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.4 |
Key countries |
China, India, Japan, South Korea, US, Australia, Canada, UK, Brazil, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Agricultural Films Market encompasses various types of films including polythene, polyethylene, PVC, EVA, LDPE, HDPE, LLDPE, multilayer, co-extruded, reinforced, anti-bird netting, and insect netting. These films offer benefits such as frost protection, hail protection, wind protection, crop growth stimulation, yield optimization, water conservation, resource efficiency, and carbon footprint reduction. Applications include agrochemicals reduction, crop diversification, precision irrigation, crop monitoring systems, remote sensing, yield forecasting, farm management software, crop modeling, climate change adaptation, sustainable packaging, renewable resources, circular economy, and agri-tech startups. Innovations in film technology include film testing, certifications, supply chain management, distribution, marketing, education, and film types like LLDPE, reinforced, and multilayer films.
The Agricultural Films Market encompasses a diverse range of products, including greenhouse films, mulch films, tunnel films, and silo films. This market is characterized by a complex supply chain, consisting of various stakeholders. Raw material suppliers play a pivotal role, providing essential inputs such as metals for aluminum and steel greenhouse frames, borosilicate and neutral glass for glasshouse panels, and HDPE, LDPE, PET, PP, and PVC for film production. The R&D sector is crucial in developing advanced film technologies, such as UV stabilization and thermal insulation, enhancing product performance and end-user value. Manufacturers produce films on a large scale to meet market demand, while distribution channels ensure films reach farmers and greenhouse operators effectively.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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