The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Greenhouse Film Global Market Report 2023, The global greenhouse film market is expected to grow from $5.25 billion in 2022 to $5.75 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The market size of the greenhouse film market is expected to grow to $7.84 billion in 2027 at a CAGR of 8.1%.

Asia-Pacific was the largest region in the greenhouse film market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Greenhouse Film Market Driver

Rising food production demand is likely to drive the growth of the greenhouse film market in the coming years. Food production is the process of creating sellable food items from raw plant and animal materials. Plastic greenhouses would aid in increasing and securing yield. According to Agriculture Victoria, an Australia-based innovation company for economic growth in Victoria’s agriculture by leading science and strong science capacity data, in April 2022, Victoria will account for 26.0% of Australian food and fibre export value. Victoria’s food and fibre exports have risen to a record $14.5 billion for the 2019-20 fiscal year. As a result, the increase in agricultural productivity is propelling the greenhouse film market forward.

View More On The Greenhouse Film Market Report 2023 – https://www.thebusinessresearchcompany.com/report/greenhouse-film-global-market-report

Key Greenhouse Film Market Segments

The global greenhouse film market is segmented –

1) By Resin Type: Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA)

2) By Functionality: Diffused GHF, Photo-Selective GHF, Anti-Dirt GHF, Other Functionalities

3) By Width Type: 4.5 Meter, 5.5 Meter, 7 Meter, 9 Meter, Others Width Types

4) By Thickness: 80<200 Microns, 200 Microns, >200 Microns

5) By Application: Vegetable, Fruit, Flower, Others (Transplants and Ornamental)

Greenhouse Film Market Prominent Players

Major players in the greenhouse film market are BASF SE, Berry Global Inc., EIFFEL Industry Plastics S.p.A, Essen Multipack Limited, Exxon Mobil Corporation, FVG Folien-Vertriebs GmbH, GCR Group, Ginegar Plastic Products Ltd., Iris Polymers Industries Pvt. Ltd., Lumite Inc., Plastika Kritis SA, Polifilm Extrusion GmbH, RPC Group plc, Saudi Basic Industries Corporation (SABIC), Sichuan Bozong Greenhouse Co., Ltd., The Dow Chemical Company, Agriplast Tech India Pvt. Ltd., Beijing Kingpeng International Hi-Tech Corporation, Central Worldwide Co. Ltd., and Tuflex India.

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Prominent Greenhouse Film Market Trend

Product innovation is a significant trend that is gaining traction in the greenhouse film industry. To enhance their position in the greenhouse film market, major players are focusing on developing innovative technological solutions. For example, BASF, a German greenhouse film maker, will debut IrgaCycleTM in September 2021, a series of additive solutions geared at solving the pressing demands in plastic recycling.This increases the mechanical qualities of recycled plastics for various industries, as well as the quality of post-consumer and industrial polyolefin material for re-use in flexible, moulding, and rigid applications. It also contributes to raising the percentage of recycled content for different end-users.

The Greenhouse Film Global Market Report 2023  provides comprehensive insights on the greenhouse film market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the greenhouse film market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Green Tires Market Global Market Report 2023

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Greenhouse Horticulture Global Market Report 2023

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