Greenhouse Film Market is Growing Exponentially in Order to Gain More Demand by 2021
[137 pages] The global Greenhouse Film Market is estimated to reach USD 4.70 Billion by 2021, at a CAGR of 10.96% from 2016 to 2021. In this study, 2015 has been considered as the base year to estimate the market size. This report aims to estimate the market size and future growth potential of the greenhouse film market across different segments such as resin type, thickness, width type, and region. Factors influencing market growth such as drivers, restraints, opportunities, and industry-specific challenges have been studied in the report. The report analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders.
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Key Target Audience:
- Greenhouse film manufacturers
- Raw material suppliers
- Traders, distributors, and suppliers of greenhouse film
- Government and regional agencies and research organizations
- Investment research firms
The market growth for greenhouse film is attributed to the increasing demand for greenhouse protected crops, increasing area under greenhouse agriculture, and increasing focus on improving agricultural yield. Greenhouse film is used to cover greenhouse structures, allowing the maintenance of appropriate climatic conditions according to the requirements of the respective crops.
The Asia-Pacific region is the fastest-growing market for greenhouse film, in terms of value and volume. The countries in this region such as China, Japan, South Korea, and India are witnessing high growth in the demand for greenhouse film due to the increasing farming area using greenhouse structures. The greenhouse film market in India is projected to grow at a CAGR of 25.96% between 2016 and 2021, and is driven by the government subsidies for greenhouse protected agriculture.
China leads the market for greenhouse film in the Asia-Pacific region. It is projected to be a potential market owing the large scale greenhouse farming and growing demand for greenhouse cultivated crops. China’s emergence as a global manufacturing hub for greenhouse cultivated horticulture crops has resulted in an increase in demand for greenhouse films. Traditional importers of greenhouse films from China have increased their own greenhouse film production capacities, and this has affected China’s export market. China is followed by Japan, South Korea, and India, where the demand for greenhouse film is steadily increasing. India is the fastest-growing greenhouse film market in the Asia-Pacific region. This growth is driven due to the increasing greenhouse protected farming along with subsidies provided by the Indian government.
Key market players in the Greenhouse Film Market
The key players in this market are Ginger Plastic Products Ltd. (Israel), Plastika Kritis S.A. (Greece), RKW SE (Germany), Agriplast SRL (Italy), BPI Visqueen (U.K.), Polifilm Extrusion GmbH(Germany), Grupo Armando Alvarez (Spain), Eiffel S.p.A (Italy), Folien Vertriebs GmbH (Germany), A.A Politiv (Israel), Agripolyane (France).
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