Agricultural Films Market - A Global and Regional Analysis

Focus on Product, Application, Supply Chain, and Country-Wise Analysis - Analysis and Forecast, 2022-2027

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A quick peek into the report

Market Report Coverage

Agricultural Films Market
Forecast Period: 2022-2027
CAGR During Forecast Period: 5.94%

Agricultural Films Market

Base Year

2021

Market Size in 2021

$11.38 Billion

Forecast Period

2022-2027

Value Projection and Estimation by 2027

$16.09 Billion

CAGR During Forecast Period

5.94%

Number of Tables

176

Number of Pages

213

Number of Figures

21

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

Company Type 1: Public Companies
•   BASF SE
•   Berry Global Inc
•   Dow
•   Exxon Mobil Corporation
•   Imaflex Inc.
•   KURARAY CO., LTD
•   Novamont S.p.A.
•   PLASTIKA KRITIS S.A.

Company Type 2: Private Companies
•    Coveris
•    Groupe Barbier
•    Kalliomuovi Oy
•    POLIFILM GROUP
•    Rani Group
•    RKW Group
•    Trioworld

Company Type 3: Start-ups
•    Cornext
•    FILMORGANIC
•    GROWiT
•    Hydrox Technologies Inc
•    LLEAF PTY LTD

Companies that are not a part of the above-mentioned pool have been well represented across different sections of the report (wherever applicable).

How Can This Report Add Value to an Organization?

The study provides the reader with a detailed understanding of the different agricultural film products by product, by material.

Product/Innovation Strategy: The product segment helps the reader understand the different types of agricultural film products available for deployment in livestock or fodder production, and crop production, and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different agricultural film products by product (Greenhouse films, Mulch films, Silage films, and others), by material (LLDPE, LDPE, EVA, HDPE, Reclaim PE and others). Agricultural films generate higher revenues when compared to other crop production technologies. Therefore, agricultural films in crop production are a low-investment and high-revenue generating agricultural model.

Growth/Marketing Strategy: The agricultural films market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product launches to strengthen their position in the agricultural films market. For instance, in June 2020, Groupe Barbier. and Carbiolice collaborates to develop biodegradable mulch film using Evanesto that contains a higher quantity of bio-based plastics.

Competitive Strategy: Key players in the global agricultural films market analyzed and profiled in the study involve agricultural film based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the global agricultural films market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

The global agricultural films market was valued at $11.38 billion in 2021 and is projected to reach $16.09 billion in 2027.

Global Agricultural Films Market Industry Overview

The global agricultural films market was valued at $11.38 billion in 2021 and is projected to reach $16.09 billion in 2027, following a CAGR of 5.94% during the forecast period 2022-2027. The growth in the Global Agricultural Films Market is expected to be driven by increasing demand for agricultural output and growing Controlled Agricultural Practices.

Market Lifecycle Stage

The Global Agricultural Films Market is still in the growth phase in developing countries and reached maturity in developed countries. Increased research and development activities are underway to develop high productive, sustainable, and economical agricultural films. The demand for such films is expected to increase in the future as the government across the nations are planning for sustainable agricultural production.

Increasing demand for biodegradable films is one of the major opportunities in the global agricultural films market. The constant demand for effectual food production is propelling the usage of agricultural films, particularly in developing countries with difficult climatic circumstances. Because it is more economical and productive than any other smart farming technology.

Impact

•    Reducing crop loss and wastage in the field and improving food production without agricultural land expansion is the possible solution to reduce the significant gap between the amount of food produced today and the amount required to feed everyone in 2050. This in turn is expected to increase the requirements for efficient and affordable crop protection solutions to address various problems such as weed and pest attacks and changing climatic conditions.
•    Furthermore, the initiatives from various governments in agriculture production are increasing the demand for biodegradable or recyclable plastic films in agriculture production. Many manufacturers in Global Agriculture Film Market are continuously investing in the development of biodegradable or recyclable plastic film in their product portfolio. In September 2020, Trioworld launched a manual stretch film that is made up of 75% recyclable plastic for agriculture applications.

Impact of COVID-19

The outbreak of COVID-19 followed by the global nation’s lockdown in 2020 had disrupted the function of the Global Agriculture Film Market. It affected the production process and supply chain networks and resulted in losses for the agricultural film manufacturers. Unavailability of labor and lack of raw materials were the key factors that limited the production. The shortage in agriculture film production causes delays in customer projects and badly affected the number order intake of agriculture film manufacturers during 2020.

Market Segmentation:

Segmentation 1: by Application
o    Livestock or Fodder production
o    Crop production 

The global agricultural films market in the application segment is expected to be dominated by the livestock or fodder production segment. Growing livestock production in the countries such as China, Brazil, and India is expected to contribute to the growth of the livestock or fodder production segment.

Segmentation 2: by Product
o    Greenhouse Films
o    Mulch Films
o    Silage Films
o    Others

The global agricultural films market is slightly more dominated by the greenhouse film segment. This is due to increasing greenhouse utilization across global nations.

Segmentation 3: by Material
o     LLDPE
o     LDPE 
o     EVA
o     HDPE
o     Reclaim PE
o     Others

The LLDPE films segment dominates the global agricultural films market during the forecast period. LLDPE is primarily utilized in the production of agricultural films, such as greenhouse and low tunnel films. The growing demand for light and safe greenhouse structures is driving the growth of the LLDPE segment across worldwide countries.

Segmentation 4: by Region
o    China 
o    Asia-Pacific and Japan -  India, Japan, South Korea, and Rest-of-Asia-Pacific and Japan
o    North America - U.S., Canada, Mexico, and Rest-of-North America
o    Europe - Spain, Italy, Germany, and Rest-of-Europe
o    South America – Brazil, Argentina, and Rest-of-South America
o    Middle East and Africa – U.A.E., South Africa, and Rest-of- Middle East and Africa
o    U.K.

China generated the highest revenue of $4.26 Billion in 2021. The market has been experiencing a rapid growth rate in the past few years owing to rising development in greenhouse farming and increasing demand for other controlled agricultural practices.

Recent Developments in Global Agricultural Films Market

•    In January 2022, Coveris. launched a new silage bale wrapping film named Unterland R where 30% of its raw materials are recycled content.
•    In January 2021, Rani Group launched an agricultural bale wrap named RaniWrap Ecol which is made up of 30% recycled raw materials.
•    In January 2021, Novamont S.p.A. acquired BioBag International AS. to expand its business into Northern/Eastern Europe, North America, and Australia.
•    In February 2021, Dow and Lucro signed a memorandum of understanding to develop polyethylene film that is made up of post-consumer recycled plastics in India.

Demand – Drivers and Limitations

Following are the demand drivers for the agricultural films market:

•    Need for High Agriculture Output
•    Increasing Government Initiatives for Sustainable Food Production
•    Growing Need for Controlled Agriculture Practices

The market is expected to face some limitations too due to the following challenges:

•   Harmful Effects Pertaining to the Use of Plastic Films
•   Stringent Government Regulation on Plastic Usage

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, BIS Research, "The requirement of virgin resins for agriculture films is declining in developed countries such as the U.K. and the U.S. as they are adopting recycled raw material for agriculture film production to reduce the risk of plastic waste generation. Therefore, the demand for biodegradable agricultural films or agricultural films made of recycled plastic materials is expected to increase during the forecast period."

Table of Contents

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1.1    Industry Outlooks
         1.1.1    Market Definition
         1.1.2    Supply Chain Analysis
         1.1.3    Ongoing Programs
                     1.1.3.1    Government Initiatives
                     1.1.3.2    Key Consortium and Associations
         1.1.4    Patent Analysis
                     1.1.4.1    Patent Analysis (by Status)
                     1.1.4.2    Patents Analysis (by Patent Office)
1.2    Business Dynamics
         1.2.1    Business Drivers
                     1.2.1.1    Need for High Agriculture Output
                     1.2.1.2    Increasing Government Initiatives for Sustainable Food Production
                     1.2.1.3    Growing Need for Controlled Agriculture Practices
         1.2.2    Business Challenges
                     1.2.2.1    Harmful Effects Pertaining to the Use of Plastic Films
                     1.2.2.2    Stringent Government Regulation on Plastic Usage
         1.2.3    Business Strategies
                     1.2.3.1    Product Developments and Innovations
                     1.2.3.2    Market Developments
         1.2.4    Corporate Strategies
                     1.2.4.1    Mergers and Acquisitions
                     1.2.4.2    Partnerships, Collaborations, Joint Ventures, and Alliances
         1.2.5    Business Opportunities
                     1.2.5.1    Increasing Demand for Biodegradable Films
                     1.2.5.2    Scope of Growth through Alternate Farming Techniques
1.3    Key Start-Ups in the Market
1.4    Impact of COVID-19 on the Global Agricultural Films Market

2.1    Global Agricultural Films Market (by Application)
         2.1.1    Livestock or Fodder Production
         2.1.2    Crop Production
2.2    Demand Analysis of Global Agricultural Films Market (by Application)

3.1    Global Agricultural Films Market (by Product)
         3.1.1    Greenhouse Films
         3.1.2    Mulch Films
         3.1.3    Silage Films
         3.1.4    Others
3.2    Demand Analysis of Global Agricultural Films Market (by Product)
3.3    Global Agricultural Films Market (by Material)
         3.3.1    LLDPE
         3.3.2    LDPE
         3.3.3    EVA
         3.3.4    HDPE
         3.3.5    Reclaim PE
         3.3.6    Others
3.4    Demand Analysis of Global Agricultural Films Market (by Material)

4.1    China
         4.1.1    Markets
                     4.1.1.1    Buyer Attributes
                     4.1.1.2    Key Providers in China
                     4.1.1.3    Business Challenges
                     4.1.1.4    Business Drivers
         4.1.2    Application
                     4.1.2.1    China Agricultural Films Market (by Application)
         4.1.3    Product
                     4.1.3.1    China Agricultural Films Market (by Product)
                     4.1.3.2    China Agricultural Films Market (by Material)
4.2    Asia-Pacific and Japan
         4.2.1    Market
                     4.2.1.1    Buyer Attributes
                     4.2.1.2    Key Providers in Asia-Pacific and Japan
                     4.2.1.3    Business Challenges
                     4.2.1.4    Business Drivers
         4.2.2    Application
                     4.2.2.1    Asia-Pacific and Japan Agricultural Films Market (by Application)
         4.2.3    Product
                     4.2.3.1    Asia-Pacific and Japan Agricultural Films Market (by Product)
                     4.2.3.2    Asia-Pacific and Japan Agricultural Films Market (by Material)
         4.2.4    Asia-Pacific and Japan (by Country)
                     4.2.4.1    India
                                    4.2.4.1.1    Market
                                                      4.2.4.1.1.1    Buyer Attributes
                                                      4.2.4.1.1.2    Business Challenges
                                                      4.2.4.1.1.3    Business Drivers
                                    4.2.4.1.2    Application
                                                      4.2.4.1.2.1    India Agricultural Films Market (by Application)
                     4.2.4.2    Japan
                                    4.2.4.2.1    Market
                                                      4.2.4.2.1.1    Buyer Attributes
                                                      4.2.4.2.1.2    Business Challenges
                                                      4.2.4.2.1.3    Business Drivers
                                    4.2.4.2.2    Application
                                                      4.2.4.2.2.1    Japan Agricultural Films Market (by Application)
                     4.2.4.3    South Korea
                                    4.2.4.3.1    Market
                                                      4.2.4.3.1.1    Buyer Attributes
                                                      4.2.4.3.1.2    Business Challenges
                                                      4.2.4.3.1.3    Business Drivers
                                    4.2.4.3.2    Application
                                                      4.2.4.3.2.1    South Korea Agricultural Films Market (by Application)
                     4.2.4.4    Rest-of-Asia-Pacific and Japan
                                    4.2.4.4.1    Market
                                                      4.2.4.4.1.1    Buyer Attributes
                                                      4.2.4.4.1.2    Business Challenges
                                                      4.2.4.4.1.3    Business Drivers
                                    4.2.4.4.2    Application
                                                      4.2.4.4.2.1    Rest-of-Asia-Pacific and Japan Agricultural Films Market (by Application)
4.3    North America
         4.3.1    Markets
                     4.3.1.1    Buyer Attributes
                     4.3.1.2    Key Providers in North America
                     4.3.1.3    Business Challenges
                     4.3.1.4    Business Drivers
         4.3.2    Application
                     4.3.2.1    North America Agricultural Films Market (by Application)
         4.3.3    Product
                     4.3.3.1    North America Agricultural Films Market (by Product)
                     4.3.3.2    North America Agricultural Films Market (by Material)
         4.3.4    North America (by Country)
                     4.3.4.1    U.S.
                                    4.3.4.1.1    Market
                                                      4.3.4.1.1.1    Buyer Attributes
                                                      4.3.4.1.1.2    Business Challenges
                                                      4.3.4.1.1.3    Business Drivers
                                    4.3.4.1.2    Application
                                                      4.3.4.1.2.1    U.S. Agricultural Films Market (by Application)
                     4.3.4.2    Canada
                                    4.3.4.2.1    Market
                                                      4.3.4.2.1.1    Buyer Attributes
                                                      4.3.4.2.1.2    Business Challenges
                                                      4.3.4.2.1.3    Business Drivers
                                    4.3.4.2.2    Application
                                                      4.3.4.2.2.1    Canada Agricultural Films Market (by Application)
                     4.3.4.3    Mexico
                                    4.3.4.3.1    Market
                                                      4.3.4.3.1.1    Buyer Attributes
                                                      4.3.4.3.1.2    Business Challenges
                                                      4.3.4.3.1.3    Business Drivers
                                    4.3.4.3.2    Application
                                                      4.3.4.3.2.1    Mexico Agricultural Films Market (by Application)
                     4.3.4.4    Rest-of-North America
                                    4.3.4.4.1    Market
                                                      4.3.4.4.1.1    Buyer Attributes
                                                      4.3.4.4.1.2    Business Challenges
                                                      4.3.4.4.1.3    Business Drivers
                                    4.3.4.4.2    Application
                                                      4.3.4.4.2.1    Rest-of-North America Agricultural Films Market (by Application)
4.4    Europe
         4.4.1    Markets
                     4.4.1.1    Buyer Attributes
                     4.4.1.2    Key Providers in Europe
                     4.4.1.3    Business Challenges
                     4.4.1.4    Business Drivers
         4.4.2    Application
                     4.4.2.1    Europe Agricultural Films Market (by Application)
         4.4.3    Product
                     4.4.3.1    Europe Agricultural Films Market (by Product)
                     4.4.3.2    Europe Agricultural Films Market (by Material)
         4.4.4    Europe (by Country)
                     4.4.4.1    Spain
                                    4.4.4.1.1    Market
                                                      4.4.4.1.1.1    Buyer Attributes
                                                      4.4.4.1.1.2    Business Challenges
                                                      4.4.4.1.1.3    Business Drivers
                                    4.4.4.1.2    Application
                                                      4.4.4.1.2.1    Spain Agricultural Films Market (by Application)
                     4.4.4.2    Italy
                                    4.4.4.2.1    Market
                                                      4.4.4.2.1.1    Buyer Attributes
                                                      4.4.4.2.1.2    Business Challenges
                                                      4.4.4.2.1.3    Business Drivers
                                    4.4.4.2.2    Application
                                                      4.4.4.2.2.1    Italy Agricultural Films Market (by Application)
                     4.4.4.3    Germany
                                    4.4.4.3.1    Market
                                                      4.4.4.3.1.1    Buyer Attributes
                                                      4.4.4.3.1.2    Business Challenges
                                                      4.4.4.3.1.3    Business Drivers
                                    4.4.4.3.2    Application
                                                      4.4.4.3.2.1    Germany Agricultural Films Market (by Application)
                     4.4.4.4    Rest-of-Europe
                                    4.4.4.4.1    Market
                                                      4.4.4.4.1.1    Buyer Attributes
                                                      4.4.4.4.1.2    Business Challenges
                                                      4.4.4.4.1.3    Business Drivers
                                    4.4.4.4.2    Application
                                                      4.4.4.4.2.1    Rest-of-Europe Agricultural Films Market (by Application)
4.5    Middle East and Africa
         4.5.1    Markets
                     4.5.1.1    Buyer Attributes
                     4.5.1.2    Key Providers in the Middle East and Africa
                     4.5.1.3    Business Challenges
                     4.5.1.4    Business Drivers
         4.5.2    Application
                     4.5.2.1    Middle East and Africa Agricultural Films Market (by Application)
         4.5.3    Product
                     4.5.3.1    Middle East and Africa Agricultural Films Market (by Product)
                     4.5.3.2    Middle East and Africa Agricultural Films Market (by Material)
         4.5.4    Middle East and Africa (by Country)
                     4.5.4.1    U.A.E.
                                    4.5.4.1.1    Market
                                                      4.5.4.1.1.1    Buyer Attributes
                                                      4.5.4.1.1.2    Business Challenges
                                                      4.5.4.1.1.3    Business Drivers
                                    4.5.4.1.2    Application
                                                      4.5.4.1.2.1    U.A.E. Agricultural Films Market (by Application)
                     4.5.4.2    South Africa
                                    4.5.4.2.1    Market
                                                      4.5.4.2.1.1    Buyer Attributes
                                                      4.5.4.2.1.2    Business Challenges
                                                      4.5.4.2.1.3    Business Drivers
                                    4.5.4.2.2    Application
                                                      4.5.4.2.2.1    South Africa Agricultural Films Market (by Application)
                     4.5.4.3    Rest-of-Middle East and Africa
                                    4.5.4.3.1    Market
                                                      4.5.4.3.1.1    Buyer Attributes
                                                      4.5.4.3.1.2    Business Challenges
                                                      4.5.4.3.1.3    Business Drivers
                                    4.5.4.3.2    Application
                                                      4.5.4.3.2.1    Rest-of-Middle East and Africa Agricultural Films Market (by Application)
4.6    South America
         4.6.1    Markets
                     4.6.1.1    Buyer Attributes
                     4.6.1.2    Key Providers in South America
                     4.6.1.3    Business Challenges
                     4.6.1.4    Business Drivers
         4.6.2    Application
                     4.6.2.1    South America Agricultural Films Market (by Application)
         4.6.3    Product
                     4.6.3.1    South America Agricultural Films Market (by Product)
                     4.6.3.2    South America Agricultural Films Market (by Material)
         4.6.4    South America (by Country)
                     4.6.4.1    Brazil
                                    4.6.4.1.1    Market
                                                      4.6.4.1.1.1    Buyer Attributes
                                                      4.6.4.1.1.2    Business Challenges
                                                      4.6.4.1.1.3    Business Drivers
                                    4.6.4.1.2    Application
                                                      4.6.4.1.2.1    Brazil Agricultural Films Market (by Application)
                      4.6.4.2    Argentina
                                    4.6.4.2.1    Market
                                                      4.6.4.2.1.1    Buyer Attributes
                                                      4.6.4.2.1.2    Business Challenges
                                                      4.6.4.2.1.3    Business Drivers
                                    4.6.4.2.2    Application
                                                      4.6.4.2.2.1    Argentina Agricultural Films Market (by Application)
                     4.6.4.3    Rest-of- South America
                                    4.6.4.3.1    Market
                                                      4.6.4.3.1.1    Buyer Attributes
                                                      4.6.4.3.1.2    Business Challenges
                                                      4.6.4.3.1.3    Business Drivers
                                    4.6.4.3.2    Application
                                                      4.6.4.3.2.1    Rest-of-South America Agricultural Films Market (by Application)
4.7    U.K.
         4.7.1    Markets
                     4.7.1.1    Buyer Attributes
                     4.7.1.2    Key Providers in the U.K.
                     4.7.1.3    Business Challenges
                     4.7.1.4    Business Drivers
         4.7.2    Application
                     4.7.2.1    U.K. Agricultural Films Market (by Application)
         4.7.3    Product
                     4.7.3.1    U.K. Agricultural Films Market (by Product)
                     4.7.3.2    U.K. Agricultural Films Market (by Material)

5.1    Competitive Benchmarking
5.2    Market Share Analysis
5.3    Public Companies
         5.3.1    BASF SE
                     5.3.1.1    Company Overview
                     5.3.1.2    Role of BASF SE in the Global Agricultural Films Market
                                    5.3.1.2.1    Product Portfolio
                     5.3.1.3    Business Model of BASF SE
                     5.3.1.4    Business Strategies
                                    5.3.1.4.1    Market Developments
                                    5.3.1.4.2    Product Developments
                                    5.3.1.4.3    Merger and Acquisitions
                     5.3.1.5    Analyst View
         5.3.2    Berry Global Inc
                     5.3.2.1    Company Overview
                     5.3.2.2    Role of Berry Global Inc in the Global Agricultural Films Market
                                    5.3.2.2.1    Product Portfolio
                     5.3.2.3    Business Model of Berry Global Inc
                     5.3.2.4    Business Strategies
                                    5.3.2.4.1    Market Developments
                                    5.3.2.4.2    Product Developments
                     5.3.2.5    Corporate Strategies
                                    5.3.2.5.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.5.2    Mergers and Acquisitions
                     5.3.2.6    Analyst View
         5.3.3    Dow
                     5.3.3.1    Company Overview
                     5.3.3.2    Role of Dow in the Global Agricultural Films Market
                                    5.3.3.2.1    Product Portfolio
                     5.3.3.3    Business Strategies
                                    5.3.3.3.1    Product Developments
                     5.3.3.4    Corporate Strategies
                                    5.3.3.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                     5.3.3.5    Analyst View
         5.3.4    Exxon Mobil Corporation
                     5.3.4.1    Company Overview
                     5.3.4.2    Role of Exxon Mobil Corporation in the Global Agricultural Films Market
                                    5.3.4.2.1    Product Portfolio
                     5.3.4.3    Business Model of Exxon Mobil Corporation
                     5.3.4.4    Business Strategies
                                    5.3.4.4.1    Product Developments
                     5.3.4.5    Corporate Strategies
                                    5.3.4.5.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                     5.3.4.6    Analyst View
         5.3.5    Imaflex Inc.
                     5.3.5.1    Company Overview
                     5.3.5.2    Role of Imaflex Inc. in the Global Agricultural Films Market
                                    5.3.5.2.1    Product Portfolio
                     5.3.5.3    Business Strategies
                                    5.3.5.3.1    Market Developments
                     5.3.5.4    Analyst View
         5.3.6    KURARAY CO., LTD
                     5.3.6.1    Company Overview
                     5.3.6.2    Role of KURARAY CO., LTD in the Global Agricultural Films Market
                                    5.3.6.2.1    Product Portfolio
                     5.3.6.3    Business Strategies
                                    5.3.6.3.1    Product Developments
                     5.3.6.4    Corporate Strategies
                                    5.3.6.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                     5.3.6.5    Analyst View
         5.3.7    Novamont S.p.A.
                     5.3.7.1    Company Overview
                     5.3.7.2    Role of Novamont S.p.A. in the Global Agricultural Films Market
                                    5.3.7.2.1    Product Portfolio
                     5.3.7.3    Business Strategies
                                    5.3.7.3.1    Product Developments
                     5.3.7.4    Corporate Strategies
                                    5.3.7.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.7.4.2    Mergers and Acquisitions
                     5.3.7.5    Analyst View
         5.3.8    PLASTIKA KRITIS S.A.
                     5.3.8.1    Company Overview
                     5.3.8.2    Role of PLASTIKA KRITIS S.A. in the Global Agricultural Films Market
                                    5.3.8.2.1    Product Portfolio
                     5.3.8.3    Business Model of PLASTIKA KRITIS S.A.
                     5.3.8.4    Business Strategies
                                    5.3.8.4.1    Market Developments
                                    5.3.8.4.2    Product Developments
                     5.3.8.5    Analyst View
5.4    Start-Ups
         5.4.1    Cornext
                     5.4.1.1    Company Overview
                     5.4.1.2    Role of Cornext in the Global Agricultural Films Market
                                    5.4.1.2.1    Product Portfolio
                     5.4.1.3    Business Model of Cornext
                     5.4.1.4    Analyst View
         5.4.2    FILMORGANIC
                     5.4.2.1    Company Overview
                     5.4.2.2    Role of FILMORGANIC in the Global Agricultural Films Market
                                    5.4.2.2.1    Product Portfolio
                     5.4.2.3    Business Model of FILMORGANIC
                     5.4.2.4    Analyst View
         5.4.3    GROWiT
                     5.4.3.1    Company Overview
                     5.4.3.2    Role of GROWiT in the Global Agricultural Films Market
                                    5.4.3.2.1    Product Portfolio
                     5.4.3.3    Business Model of GROWiT
                     5.4.3.4    Analyst View
         5.4.4    Hydrox Technologies Inc (Solar Shrink)
                     5.4.4.1    Company Overview
                     5.4.4.2    Role of Hydrox Technologies Inc (Solar Shrink) in the Global Agricultural Films Market
                                    5.4.4.2.1    Product Portfolio
                     5.4.4.3    Business Model of Hydrox Technologies Inc (Solar Shrink)
                     5.4.4.4    Analyst View
         5.4.5    LLEAF PTY LTD
                     5.4.5.1    Company Overview
                     5.4.5.2    Role of LLEAF PTY LTD in the Global Agricultural Films Market
                                    5.4.5.2.1    Product Portfolio
                     5.4.5.3    Business Model of LLEAF PTY LTD
                     5.4.5.4    Analyst View
5.5    Private Companies
         5.5.1    Coveris
                     5.5.1.1    Company Overview
                     5.5.1.2    Role of Coveris in the Global Agricultural Films Market
                                    5.5.1.2.1    Product Portfolio
                     5.5.1.3    Business Strategies
                                    5.5.1.3.1    Product Developments
                     5.5.1.4    Corporate Strategies
                                    5.5.1.4.1    Mergers and Acquisitions
                     5.5.1.5    Analyst View
         5.5.2    Groupe Barbier
                     5.5.2.1    Company Overview
                     5.5.2.2    Role of Groupe Barbier in the Global Agricultural Films Market
                                    5.5.2.2.1    Product Portfolio
                     5.5.2.3    Corporate Strategies
                                    5.5.2.3.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                     5.5.2.4    Analyst View
         5.5.3    Kalliomuovi Oy
                     5.5.3.1    Company Overview
                     5.5.3.2    Role of Kalliomuovi Oy in the Global Agricultural Films Market
                                    5.5.3.2.1    Product Portfolio
                     5.5.3.3    Analyst View
         5.5.4    POLIFILM GROUP
                     5.5.4.1    Company Overview
                     5.5.4.2    Role of POLIFILM GROUP in the Global Agricultural Films Market
                                    5.5.4.2.1    Product Portfolio
                     5.5.4.3    Business Model of POLIFILM GROUP
                     5.5.4.4    Business Strategies
                                    5.5.4.4.1    Market Developments
                                    5.5.4.4.2    Product Developments
                     5.5.4.5    Corporate Strategies
                                    5.5.4.5.1    Merger and Acquisitions
                     5.5.4.6    Analyst View
         5.5.5    Rani Group
                     5.5.5.1    Company Overview
                     5.5.5.2    Role of Rani Group in the Global Agricultural Films Market
                                    5.5.5.2.1    Product Portfolio
                     5.5.5.3    Business Strategies
                                    5.5.5.3.1    Market Developments
                                    5.5.5.3.2    Product Developments
                     5.5.5.4    Analyst View
         5.5.6    RKW Group
                     5.5.6.1    Company Overview
                     5.5.6.2    Role of RKW Group in the Global Agricultural Films Market
                                    5.5.6.2.1    Product Portfolio
                     5.5.6.3    Business Strategies
                                    5.5.6.3.1    Market Developments
                                    5.5.6.3.2    Product Developments
                     5.5.6.4    Analyst View
         5.5.7    Trioworld
                     5.5.7.1    Company Overview
                     5.5.7.2    Role of Trioworld in the Global Agricultural Films Market
                                    5.5.7.2.1    Product Portfolio
                     5.5.7.3    Business Strategies
                                    5.5.7.3.1    Product Developments
                     5.5.7.4    Corporate Strategies
                                    5.5.7.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.5.7.4.2    Mergers and Acquisitions
                     5.5.7.5    Analyst View
5.6    Other Key Players

Research Methodology

Table 1:    Government Initiatives
Table 2:    Key Consortium and Associations in Global Agricultural Films Market
Table 3:    Government Initiatives for Sustainable Food Production
Table 4:    Analyzing the Harmful Effects of Agricultural Plastic Films on the Environment
Table 5:    Key Start-Ups in the Global Agricultural Films Market
Table 6:    Types of Agricultural Films
Table 7:    Benefits of Different Agricultural Films in Crop Production
Table 8:    Global Agricultural Films Market (by Application), $Million, 2021-2027
Table 9:    Global Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 10:    Types of Agricultural Films and Average Yield Rates
Table 11:    Global Agricultural Films Market (by Product), $Million, 2021-2027
Table 12:    Global Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 13:    Key Materials Used in Manufacturing Different Types of Agricultural Films
Table 14:    Global Agricultural Films Market (by Material), $Million, 2021-2027
Table 15:    Global Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 16:    Global Agricultural Films Market (by Region), $Million, 2021-2027
Table 17:    Global Agricultural Films Market (by Region), Kiloton, 2021-2027
Table 18:    China Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 19:    China Agricultural Films Market (by Application), $Million, 2021-2027
Table 20:    China Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 21:    China Agricultural Films Market (by Product), $Million, 2021-2027
Table 22:    China Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 23:    China Agricultural Films Market (by Material), $Million, 2021-2027
Table 24:    China Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 25:    Asia-Pacific and Japan Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 26:    Asia-Pacific and Japan Agricultural Films Market (by Application), $Million, 2021-2027
Table 27:    Asia-Pacific and Japan Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 28:    Asia-Pacific and Japan Agricultural Films Market (by Product), $Million, 2021-2027
Table 29:    Asia-Pacific and Japan Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 30:    Asia-Pacific and Japan Agricultural Films Market (by Material), $Million, 2021-2027
Table 31:    Asia-Pacific and Japan Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 32:    Asia Pacific and Japan Agricultural Films Market (by Country), $Million, 2021-2027
Table 33:    Asia Pacific and Japan Agricultural Films Market (by Country), Kiloton, 2021-2027
Table 34:    Water-Saving Benefits of Different Types of Agricultural Films in India
Table 35:    India Agricultural Films Market (by Application), $Million, 2021-2027
Table 36:    India Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 37:    Japan Agricultural Films Market (by Application), $Million, 2021-2027
Table 38:    Japan Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 39:    South Korea Agricultural Films Market (by Application), $Million, 2021-2027
Table 40:    South Korea Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 41:    Rest-of-Asia-Pacific and Japan Agricultural Films Market (by Application), $Million, 2021-2027
Table 42:    Rest-of-Asia-Pacific and Japan Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 43:    North America Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 44:    North America Agricultural Films Market (by Application), $Million, 2021-2027
Table 45:    North America Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 46:    North America Agricultural Films Market (by Product), $Million, 2021-2027
Table 47:    North America Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 48:    North America Agricultural Films Market (by Material), $Million, 2021-2027
Table 49:    North America Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 50:    North America Agricultural Films Market (by Country), $Million, 2021-2027
Table 51:    North America Agricultural Films Market (by Country), Kiloton, 2021-2027
Table 52:    U.S. Agricultural Films Market (by Application), $Million, 2021-2027
Table 53:    U.S. Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 54:    Canada Agricultural Films Market (by Application), $Million, 2021-2027
Table 55:    Canada Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 56:    Mexico Agricultural Films Market (by Application), $Million, 2021-2027
Table 57:    Mexico Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 58:    Rest-of-North America Agricultural Films Market (by Application), $Million, 2021-2027
Table 59:    Rest-of-North America Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 60:    Europe Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 61:    Europe Agricultural Films Market (by Application), $Million, 2021-2027
Table 62:    Europe Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 63:    Europe Agricultural Films Market (by Product), $Million, 2021-2027
Table 64:    Europe Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 65:    Europe Agricultural Films Market (by Material), $Million, 2021-2027
Table 66:    Europe Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 67:    Europe Agricultural Films Market (by Country), $Million, 2021-2027
Table 68:    Europe Agricultural Films Market (by Country), Kiloton, 2021-2027
Table 69:    Spain Agricultural Films Market (by Application), $Million, 2021-2027
Table 70:    Spain Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 71:    Italy Agricultural Films Market (by Application), $Million, 2021-2027
Table 72:    Italy Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 73:    Germany Agricultural Films Market (by Application), $Million, 2021-2027
Table 74:    Germany Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 75:    Rest-of-Europe Agricultural Films Market (by Application), $Million, 2021-2027
Table 76:    Rest-of-Europe Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 77:    Middle East and Africa Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 78:    Middle East and Africa Agricultural Films Market (by Application), $Million, 2021-2027
Table 79:    Middle East and Africa Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 80:    Middle East and Africa Agricultural Films Market (by Product), $Million, 2021-2027
Table 81:    Middle East and Africa Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 82:    Middle East and Africa Agricultural Films Market (by Material), $Million, 2021-2027
Table 83:    Middle East and Africa Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 84:    Middle East and Africa Agricultural Films Market (by Country), $Million, 2021-2027
Table 85:    Middle East and Africa Agricultural Films Market (by Country), Kiloton, 2021-2027
Table 86:    U.A.E. Agricultural Films Market (by Application), $Million, 2021-2027
Table 87:    U.A.E. Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 88:    South Africa Agricultural Films Market (by Application), $Million, 2021-2027
Table 89:    South Africa Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 90:    Rest-of-Middle East and Africa Agricultural Films Market (by Application), $Million, 2021-2027
Table 91:    Rest-of-Middle East and Africa Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 92:    South America Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 93:    South America Agricultural Films Market (by Application), $Million, 2021-2027
Table 94:    South America Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 95:    South America Agricultural Films Market (by Product), $Million, 2021-2027
Table 96:    South America Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 97:    South America Agricultural Films Market (by Material), $Million, 2021-2027
Table 98:    South America Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 99:    South America Agricultural Films Market (by Country), $Million, 2021-2027
Table 100:    South America Agricultural Films Market (by Country), Kiloton, 2021-2027
Table 101:    Brazil Agricultural Films Market (by Application), $Million, 2021-2027
Table 102:    Brazil Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 103:    Argentina Agricultural Films Market (by Application), $Million, 2021-2027
Table 104:    Argentina Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 105:    Rest-of-South America Agricultural Films Market (by Application), $Million, 2021-2027
Table 106:    Rest-of-South America Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 107:    U.K. Agricultural Films Market (by Region), $Million and Kiloton, 2021-2027
Table 108:    U.K. Agricultural Films Market (by Application), $Million, 2021-2027
Table 109:    U.K. Agricultural Films Market (by Application), Kiloton, 2021-2027
Table 110:    U.K. Agricultural Films Market (by Product), $Million, 2021-2027
Table 111:    U.K. Agricultural Films Market (by Product), Kiloton, 2021-2027
Table 112:    U.K. Agricultural Films Market (by Material), $Million, 2021-2027
Table 113:    U.K. Agricultural Films Market (by Material), Kiloton, 2021-2027
Table 114:    BASF SE: Product Portfolio
Table 115:    BASF SE: Business Model Analysis
Table 116:    BASF SE: Market Developments
Table 117:    BASF SE : Product Developments
Table 118:    BASF SE: Mergers and Acquisitions
Table 119:    Berry Global Inc: Product Portfolio
Table 120:    Berry Global Inc: Business Model Analysis
Table 121:    Berry Global Inc: Market Developments
Table 122:    Berry Global Inc: Product Developments
Table 123:    Berry Global Inc: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 124:    Berry Global Inc: Mergers and Acquisitions
Table 125:    Dow: Product Portfolio
Table 126:    Dow: Product Developments
Table 127:    Dow: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 128:    Exxon Mobil Corporation: Product Portfolio
Table 129:    Exxon Mobil Corporation: Business Model Analysis
Table 130:    Exxon Mobil Corporation: Product Developments
Table 131:    Exxon Mobil Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 132:    Imaflex Inc.: Product Portfolio
Table 133:    Imaflex Inc.: Market Developments
Table 134:    KURARAY CO., LTD: Product Portfolio
Table 135:    KURARAY CO., LTD: Product Developments
Table 136:    KURARAY CO., LTD: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 137:    Novamont S.p.A.: Product Portfolio
Table 138:    Novamont S.p.A. Inc.: Product Developments
Table 139:    Novamont S.p.A.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 140:    Novamont S.p.A.: Mergers and Acquisitions
Table 141:    PLASTIKA KRITIS S.A.: Product Portfolio
Table 142:    PLASTIKA KRITIS S.A.: Business Model Analysis
Table 143:    PLASTIKA KRITIS S.A.: Market Developments
Table 144:    PLASTIKA KRITIS S.A.: Product Developments
Table 145:    Cornext: Product Portfolio
Table 146:    Cornext: Business Model Analysis
Table 147:    FILMORGANIC: Product Portfolio
Table 148:    FILMORGANIC: Business Model Analysis
Table 149:    GROWiT: Product Portfolio
Table 150:    GROWiT: Business Model Analysis
Table 151:    Hydrox Technologies Inc (Solar Shrink): Product Portfolio
Table 152:    Hydrox Technologies Inc(Solar Shrink): Business Model Analysis
Table 153:    LLEAF PTY LTD: Product Portfolio
Table 154:    LLEAF PTY LTD: Business Model Analysis
Table 155:    Coveris: Product Portfolio
Table 156:    Coveris: Product Developments
Table 157:    Coveris: Mergers and Acquisitions
Table 158:    Groupe Barbier: Product Portfolio
Table 159:    Groupe Barbier: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 160:    Kalliomuovi Oy: Product Portfolio
Table 161:    POLIFILM GROUP: Product Portfolio
Table 162:    POLIFILM GROUP: Business Model Analysis
Table 163:    POLIFILM GROUP: Market Developments
Table 164:    POLIFILM GROUP: Product Developments
Table 165:    POLIFILM GROUP: Merger and Acquisitions
Table 166:    Rani Group: Product Portfolio
Table 167:    Rani Group: Market Developments
Table 168:    Rani Group: Product Developments
Table 169:    RKW Group: Product Portfolio
Table 170:    RKW Group: Market Developments
Table 171:    RKW Group: Product Developments
Table 172:    Trioworld : Product Portfolio
Table 173:    Trioworld: Product Developments
Table 174:    Trioworld: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 175:    Trioworld: Mergers and Acquisitions
Table 176:    Other Key Players in the Global Agricultural Films Market

Figure 1:    Global Agricultural Films Market, $Billion, 2021-2027
Figure 2:    Global Agricultural Films Market Dynamics
Figure 3:    Global Agricultural Films Market (by Application), $Million, 2021-2027
Figure 4:    Global Agricultural Films Market (by Product), $Million, 2021-2027
Figure 5:    Global Agricultural Films Market (by Material), $Million, 2021-2027
Figure 6:    Global Agricultural Films Market (by Region), $Million, 2021
Figure 7:    Global Agricultural Films Market Coverage
Figure 8:    Supply Chain Analysis of Global Agricultural Films Market
Figure 9:    Agricultural Films Patent Trend, 2019-2021
Figure 10:    Patent Analysis (by Status), 2019-2021
Figure 11:    Patent Analysis (by Status), 2019-2021
Figure 12:    Patents Analysis (by Patent Office), 2019-2021
Figure 13:    Share of Key Market Strategies and Developments, January 2019-March 2022
Figure 14:    Product Developments and Innovations (by Company), January 2019-March 2022
Figure 15:    Market Developments (by Company), January 2019-March 2022
Figure 16:    Mergers and Acquisitions (by Company), January 2019-March 2022
Figure 17:    Partnerships, Collaborations, Joint Ventures, and Alliances (by Company), January 2019-March 2022
Figure 18:    Competitive Benchmarking Matrix for Key Raw Material Providers
Figure 19:    Market Share Analysis of Global Agricultural Films Market, 2021
Figure 20:    Global Agricultural Films Market: Research Methodology
Figure 21:    Top-Down and Bottom-Up Approach

Market Report Coverage

Agricultural Films Market

Base Year

2021

Market Size in 2021

$11.38 Billion

Forecast Period

2022-2027

Value Projection and Estimation by 2027

$16.09 Billion

CAGR During Forecast Period

5.94%

Number of Tables

176

Number of Pages

213

Number of Figures

21

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

Company Type 1: Public Companies
•   BASF SE
•   Berry Global Inc
•   Dow
•   Exxon Mobil Corporation
•   Imaflex Inc.
•   KURARAY CO., LTD
•   Novamont S.p.A.
•   PLASTIKA KRITIS S.A.

Company Type 2: Private Companies
•    Coveris
•    Groupe Barbier
•    Kalliomuovi Oy
•    POLIFILM GROUP
•    Rani Group
•    RKW Group
•    Trioworld

Company Type 3: Start-ups
•    Cornext
•    FILMORGANIC
•    GROWiT
•    Hydrox Technologies Inc
•    LLEAF PTY LTD

Companies that are not a part of the above-mentioned pool have been well represented across different sections of the report (wherever applicable).

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of agricultural film products available for deployment in livestock or fodder production, and crop production, and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different agricultural film products by product (Greenhouse films, Mulch films, Silage films, and others), by material (LLDPE, LDPE, EVA, HDPE, Reclaim PE and others). Agricultural films generate higher revenues when compared to other crop production technologies. Therefore, agricultural films in crop production are a low-investment and high-revenue generating agricultural model.

Growth/Marketing Strategy: The agricultural films market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product launches to strengthen their position in the agricultural films market. For instance, in June 2020, Groupe Barbier. and Carbiolice collaborates to develop biodegradable mulch film using Evanesto that contains a higher quantity of bio-based plastics.

Competitive Strategy: Key players in the global agricultural films market analyzed and profiled in the study involve agricultural film based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the global agricultural films market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Global Agricultural Films Market Industry Overview

The global agricultural films market was valued at $11.38 billion in 2021 and is projected to reach $16.09 billion in 2027, following a CAGR of 5.94% during the forecast period 2022-2027. The growth in the Global Agricultural Films Market is expected to be driven by increasing demand for agricultural output and growing Controlled Agricultural Practices.

Market Lifecycle Stage

The Global Agricultural Films Market is still in the growth phase in developing countries and reached maturity in developed countries. Increased research and development activities are underway to develop high productive, sustainable, and economical agricultural films. The demand for such films is expected to increase in the future as the government across the nations are planning for sustainable agricultural production.

Increasing demand for biodegradable films is one of the major opportunities in the global agricultural films market. The constant demand for effectual food production is propelling the usage of agricultural films, particularly in developing countries with difficult climatic circumstances. Because it is more economical and productive than any other smart farming technology.

Impact

•    Reducing crop loss and wastage in the field and improving food production without agricultural land expansion is the possible solution to reduce the significant gap between the amount of food produced today and the amount required to feed everyone in 2050. This in turn is expected to increase the requirements for efficient and affordable crop protection solutions to address various problems such as weed and pest attacks and changing climatic conditions.
•    Furthermore, the initiatives from various governments in agriculture production are increasing the demand for biodegradable or recyclable plastic films in agriculture production. Many manufacturers in Global Agriculture Film Market are continuously investing in the development of biodegradable or recyclable plastic film in their product portfolio. In September 2020, Trioworld launched a manual stretch film that is made up of 75% recyclable plastic for agriculture applications.

Impact of COVID-19

The outbreak of COVID-19 followed by the global nation’s lockdown in 2020 had disrupted the function of the Global Agriculture Film Market. It affected the production process and supply chain networks and resulted in losses for the agricultural film manufacturers. Unavailability of labor and lack of raw materials were the key factors that limited the production. The shortage in agriculture film production causes delays in customer projects and badly affected the number order intake of agriculture film manufacturers during 2020.

Market Segmentation:

Segmentation 1: by Application
o    Livestock or Fodder production
o    Crop production 

The global agricultural films market in the application segment is expected to be dominated by the livestock or fodder production segment. Growing livestock production in the countries such as China, Brazil, and India is expected to contribute to the growth of the livestock or fodder production segment.

Segmentation 2: by Product
o    Greenhouse Films
o    Mulch Films
o    Silage Films
o    Others

The global agricultural films market is slightly more dominated by the greenhouse film segment. This is due to increasing greenhouse utilization across global nations.

Segmentation 3: by Material
o     LLDPE
o     LDPE 
o     EVA
o     HDPE
o     Reclaim PE
o     Others

The LLDPE films segment dominates the global agricultural films market during the forecast period. LLDPE is primarily utilized in the production of agricultural films, such as greenhouse and low tunnel films. The growing demand for light and safe greenhouse structures is driving the growth of the LLDPE segment across worldwide countries.

Segmentation 4: by Region
o    China 
o    Asia-Pacific and Japan -  India, Japan, South Korea, and Rest-of-Asia-Pacific and Japan
o    North America - U.S., Canada, Mexico, and Rest-of-North America
o    Europe - Spain, Italy, Germany, and Rest-of-Europe
o    South America – Brazil, Argentina, and Rest-of-South America
o    Middle East and Africa – U.A.E., South Africa, and Rest-of- Middle East and Africa
o    U.K.

China generated the highest revenue of $4.26 Billion in 2021. The market has been experiencing a rapid growth rate in the past few years owing to rising development in greenhouse farming and increasing demand for other controlled agricultural practices.

Recent Developments in Global Agricultural Films Market

•    In January 2022, Coveris. launched a new silage bale wrapping film named Unterland R where 30% of its raw materials are recycled content.
•    In January 2021, Rani Group launched an agricultural bale wrap named RaniWrap Ecol which is made up of 30% recycled raw materials.
•    In January 2021, Novamont S.p.A. acquired BioBag International AS. to expand its business into Northern/Eastern Europe, North America, and Australia.
•    In February 2021, Dow and Lucro signed a memorandum of understanding to develop polyethylene film that is made up of post-consumer recycled plastics in India.

Demand – Drivers and Limitations

Following are the demand drivers for the agricultural films market:

•    Need for High Agriculture Output
•    Increasing Government Initiatives for Sustainable Food Production
•    Growing Need for Controlled Agriculture Practices

The market is expected to face some limitations too due to the following challenges:

•   Harmful Effects Pertaining to the Use of Plastic Films
•   Stringent Government Regulation on Plastic Usage

Analyst Thoughts

According to Rakhi Tanwar, Principal Analyst, BIS Research, "The requirement of virgin resins for agriculture films is declining in developed countries such as the U.K. and the U.S. as they are adopting recycled raw material for agriculture film production to reduce the risk of plastic waste generation. Therefore, the demand for biodegradable agricultural films or agricultural films made of recycled plastic materials is expected to increase during the forecast period."

FAQ's

What are agricultural films?

The agriculture films are plastic films that are used to protect crops and plants in open fields or greenhouses throughout their life cycle. It reduces the crop spoilage risk associated with weather, pests, and weeds and helps in improving overall crop quality. Agricultural films are also used to cover farm or animal shelters and store feed in livestock operations. Agricultural films come in a variety of shapes and sizes, depending on the application.

What are the key trends in agricultural films?

The key trends in the agricultural films market include increasing demand for biodegradable films and the scope of growth through alternate farming techniques.

What kind of new strategies is being adopted by the existing market players to strengthen their market position in the industry?

The global agricultural films market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. According to BIS Research analysis, the majority of the companies preferred mergers and acquisitions, and partnerships, collaborations, and joint ventures as a strategy to further increase their growth in the global agricultural films market. Companies such as Coveris. and POLIFILM GROUP has majorly adopted the mergers and acquisitions strategies.

For a new company looking to enter the agricultural films market, which areas could it focus upon to stay ahead of the competition?

New market entrants can reach and hold the market only by adopting strategies like innovative or sustainable product offerings. The new player can focus on product innovation in terms of manufacturing biodegradable and recyclable agricultural films to gain customer attention and market presence.

What is the USP of this report?

• Extensive competitive benchmarking of the top 20 players (including livestock or fodder production, and crop production segment) has been done to offer a holistic view of the global agricultural films market landscape.

• Market ranking analysis based on product portfolio, recent developments, and regional spread

• Investment landscape including product adoption scenario, and patent analysis

Who should buy this report?

The companies which are manufacturing and commercializing agricultural films, greenhouse films, silage films, mulch films, and other types of agricultural films.

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