Agricultural Films Market by Application, Raw Material, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40403
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The agricultural films market has the potential to grow by USD 3.05 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.88%.

This agricultural films market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (mulch films, greenhouse films, and silage films) and geography (APAC, North America, Europe, South America, and MEA). The agricultural films market report also offers information on several market vendors, including Ab Rani Plast Oy, BASF SE, Berry Global Group Inc., Dow Inc., Exxon Mobil Corp., Groupe Barbier, Grupo Armando Alvarez, Kuraray Co. Ltd., LyondellBasell Industries NV, and RKW Group among others.

What will the Agricultural Films Market Size be in 2021?

Agricultural-Films-Market-Market-Size-2020-2025

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Agricultural Films Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The need to increase agricultural yield is notably driving the agricultural films market growth, although factors such as high establishment cost may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the agricultural films industry get your FREE report sample now.

  • The rising need to increase agricultural yield is one of the key factors driving the agricultural films market growth.
  • As per the World Bank, the total population of the world increased from about 6.93 billion in 2010 to over 7.44 billion in 2016, in turn, resulting in the erosion of about 75 billion tons of soil from cultivable lands across the globe since 1993.
  • Increased use of fertilizers and low availability of water and nutrients, particularly in the arid regions, are a few of the other factors that have encouraged farmers to use agricultural films to protect their crops.
  • The use of soil mulching films by the farmers results in reducing excessive evaporation and modulating soil temperature, eventually improving the quality of the agriculture produce. 
  • The demand for agricultural films will increase during the predicted period as these films help the users in considering various factors, including changes in climatic conditions, water and nutrient levels in the soil, and other macroeconomic factors in crop production.
  • Mulch films help users in increasing productivity by preventing weed growth in farms and controlling soil erosion.
  • With the rising awareness of using innovative measures to increase crop yield among the farmers and agricultural end-users, the demand for agricultural films is likely to accelerate during the forecast period.

This agricultural films market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Agricultural Films Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Ab Rani Plast Oy
  • BASF SE
  • Berry Global Group Inc.
  • Dow Inc.
  • Exxon Mobil Corp.
  • Groupe Barbier
  • Grupo Armando Alvarez
  • Kuraray Co. Ltd.
  • LyondellBasell Industries NV
  • RKW Group

 

The agricultural films market is fragmented and the vendors are deploying growth strategies such as [mention one vendor strategy] to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the agricultural films market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Agricultural Films Market?

Agricultural-Films-Market-Market-Share-by-Region-2020-2025

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78% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the agricultural films market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing need to increase agricultural productivity to meet the demands of the expanding population will facilitate the agricultural films market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Raw Material Segments in the Agricultural Films Market?

Agricultural-Films-Market-Market-Share-by-Raw Material-2020-2025

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LLDPE is a soft, flexible material with a hazy appearance. It is also one of the most commonly used materials in the agricultural industry due to properties such as high tensile strength, high puncture and tearing resistance, thinner films, better appearance, improved sealing properties, and low production and transformation costs. These properties have widened the applicability of LLDPE in mulch films, contributing to the agricultural films market share growth.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the agricultural films market size.

 

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What are the Key Factors Covered in this Agricultural Films Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive agricultural films market growth during the next five years
  • Precise estimation of the agricultural films market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the agricultural films industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of agricultural films market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The agricultural films market growth will increase by $4.18 billion during 2019-2024.
The agricultural films market is expected to grow at a CAGR of 7.27% during 2019-2024.
Technavio has segmented the agricultural films market by application (Mulch films, Greenhouse films, and Silage films) and geographic (APAC, North America, Europe, South America, and MEA).
Ab Rani Plast Oy, BASF SE, Berry Global Group Inc., Dow Inc., Exxon Mobil Corp., Groupe Barbier, Grupo Armando Alvarez, Kuraray Co. Ltd., LyondellBasell Industries NV, RKW Group are a few of the key vendors in the agricultural films market.
APAC will register the highest growth rate of 75.60% among the other regions. Therefore, the agricultural films market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the agricultural films market growth are:
  • Need to increase agricultural yield
The agricultural films market vendors should focus on grabbing business opportunities from the mulch films segment as it accounted for the largest market share in the base year.
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