Market Trends of Asia-Pacific Agricultural Films Industry
This section covers the major market trends shaping the APAC Agricultural Films Market according to our research experts:
Increased adoption of Plastic Film Mulching in China
China is contributing to the major market share for the Agricultural film market in the Asia Pacific region. Grains such as Rice, Wheat, Corn, and Soybean are the major growing crops in China. Due to increasing urbanization and decreasing arable land, it was observed that there has been a gradual decline in the production quantity. Therefore, to increase their productivity, Plastic film mulching technology was adopted by the farmers, which markedly improved grain crop yields and water use efficiency through maintaining soil moisture, suppressing weeds, and increasing soil temperature. The usage of this technology has led to an increase of 20-50% grain crop yield. Thus, increasing the usage of mulching technology, in turn, rising the demand for Agricultural film market in China.
Declining Arable land
The rising population has led to an increased need for optimum agricultural productivity. But due to rapid urbanization and industrialization, the arable agricultural land is decreasing gradually. The Agricultural land as a percentage of total land area in the Asia Pacific region has decreased to 47% in the year 2019 from 47.7% in 2016. With this tendency of decreasing arable land and increasing production demands, the usage of agricultural films in mulching, greenhouse films came into practice. These films help in modifying soil temperature, limit weed growth, prevent moisture loss, and improve crop yield as well as precocity. Thus, increasing the demand for these films in this region.
