“Greenhouse film market to register a CAGR of 10.96% between 2016 and 2021”
The market size of greenhouse film is estimated to reach USD 4.70 billion by 2021, registering a CAGR of 10.96% between 2016 and 2021. Increasing land area under greenhouse protected agriculture, growing demand of greenhouse protected agricultural crops, and increasing focus on improving the yield per area of land is to drive the greenhouse film market in the next five years.
“Thickness size of 200 microns is driving the greenhouse film market”
The demand for 200 microns thickness is more because it comes along with five layer technologies which are very suitable for preparing a better climatic condition for the crops which results into better yield and quality. the life cycle of 200 microns film is three to five years which is more when we compare it with 120 or 150 microns which have life cycle of one or two years.
“Rising demand in Asia-Pacific is the major driver of the greenhouse film market “
Asia-Pacific is the fastest-growing segment of the greenhouse film market. The increase in demand of greenhouse cultivated crop, increasing land area under greenhouse farming, and growing awareness among individual farmers about greenhouse farming is expected to fuel the demand, thus driving the market of greenhouse film in the region.
Breakup of primary interviews:
- By Company Type - Tier 1 – 16%, Tier 2 – 44%, and Others – 40%
- By Designation - C level – 45%, D level – 33%, and Others – 22%
- By Region - North America – 28%, Europe – 22%, Asia-Pacific – 20%, RoW - 13%, and the Middle East & Africa – 17%
The key companies profiled in this report are such 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).