Market Size of Greenhouse Film Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 8.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Greenhouse Film Market Analysis
The market for greenhouse film is expected to register a CAGR of more than 8%, globally, during the forecast period. Greenhouse film provides an enclosed and covered structure for maintenance of a controlled growing environment for crops. Greenhouse film is designed to trap the sun's rays and create a warm humid atmosphere for the efficient growth of crops. The growing demand for greenhouse films for improving agricultural yield and growing demand for greenhouse protected cultivation have been driving the market growth.
However, the short life span of these films in comparison to polycrabonate sheets is expected to hamper the market growth. Moreover, the unfavorable conditions arising due to the COVID-19 outbreak are also exected to hinder the growth of the market studied.
The growing pattern of developing the out-of-season crops in the greenhouse is expected to propel the growth of greenhouse films for the next few years as the crops are a good source of income for farmers.
The Asia-Pacific region dominates the greenhouse film market, owing to the growing demand for food and government initiatives to improve the agricultural yield in the region.
