The global greenhouse film market is expected to touch around $4.70billion growing at CAGR of 10.6%, between period of 2016 and 2022. Demand for crop cultivated in greenhouse, growing areas of cultivation under greenhouse protection, and focus on increasing agricultural yield are the reasons driving the global greenhouse film market for the forecasted period. The future opportunities in greenhouse film market lies in new innovation in film, and small & medium sized greenhouse. Lack of about the beneficial aspect of greenhouse is hampering the greenhouse film market for the forecasted period. Greenhouse films being intolerant towards extreme climatic conditions, and films having shorter life span compared to glasshouse & poly house, are restraints of the greenhouse film market.
The research report is segmented by resin type, thickness and width. Resin type segment is further classified into Ethylene Vinyl Acetate (EVA), Linear Low-density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), and other resin types. LDPE the leading resin used in greenhouse film. High thickness, good optical properties, resistant to sun light and other external environmental conditions are the reasons making LDPE resin the most demanding greenhouse film. Thickness is further sub segmented into 80 ? - 200 ?, 200 ?, and more than 200 ?. Greenhouse film with thickness of 200 is leading the market for its multi-layered (five layer strong) thickness providing strong resistance to external environmental conditions. Width is further classified as less than 4.5m, 4.5m – 5.5m, 5.5-7m, 7m – 9m, and others.
Greenhouse films are usually made of polyethylene resin with varying thickness and width. Commercially greenhouse films are cost effective than poly house and glass house. Characteristic greenhouse film (200 ? thickness) has a life span of five years. But new innovations are contributing in making greenhouse films (more than 200 thickness) of longer shelf life. For example, greenhouse films like KRITIFIL and EVO by Plastika Kritis S. A., a seven layered film having life span of seven years. Decreasing arable land in the future will positively impact the growth of greenhouse film market, since it can be applied in small and medium sized greenhouse.
Some of the well-known companies in greenhouse film market are RKW SE, A. A. Politiv, Agripolyane, Plastika Kritis S. A., Essen Mutlipack Ltd., Polifilm Extrusion GmBH, Gingear Plastic Products Ltd, British Polyethylene Industries Visqueen, FVG Folien-Vertriebs GmBH, Groupo Armando Alvarez, Eiffel Industrial Materiale Plastiche S. P. A., Agriplast Technology India Pvt Ltd., Keder Greenhouse., and 3m Co. The report provides comprehensive information like company profile, sales, revenue, market share and contact information.
Joint ventures, agreements, partnerships, collaborations, expansion in different countries, and strengthening supply chain network with distributors are some of the strategies taken by companies in greenhouse film market, to increase their global presence. Research & development investments are high with the urge to develop quality and environmental friendly products. Small manufacturing firms with unique and differentiated assets are driving innovation in greenhouse film market.
3M Company announced on 25th April 2016, of using glass microspheres in greenhouse films for agriculture sector. Using microspheres, allow manufacturers to make low density and linear low density film with same amount of resin.
The research report analysed greenhouse film market geographically. Region wise the report is segmented as North America, Europe, Asia Pacific, Middle East and Rest of the World.
North America is the leading market for greenhouse films followed by Europe and Asia Pacific. Support from government, goal of achieving self-sufficiency in food, and increasing investments in research and development are the factors driving the greenhouse fil market in North America and Europe. US is leading the greenhouse film market in North America. Germany, UK, and France are leading market for greenhouse film in Europe.
Asia Pacific is the fastest growing market for greenhouse films. Large population base, shortage of arable land, and growing economy are the dynamics driving the greenhouse film market in Asia Pacific for the forecasted period. Emerging economies like India and China are the leading markets for greenhouse films. Favourable reforms from government and large population are the factors propelling China’s greenhouse film market. Make in India, increasing of emphasis on food security by government, new tax benefiting schemes for producers are the aspects fuelling greenhouse film market in India.
Growing population, new innovative agriculture technology and food security are the reasons contributing to the growth of greenhouse film market in Middle East & Africa.