Agricultural films serve as versatile covering materials, whether in rolls or coring material. These films find applications in various agricultural practices, including composting, row coverings, hay bags, silo caps, trench silo covers, plant bed covers, and fodder conservation. The raw materials commonly employed in the production of agricultural films include low-density polyethylene (LDPE), ethylene-vinyl acetate (EVA), ethylene-butyl acrylate (EBA) copolymers, and linear low-density polyethylene (LLDPE).
The main types of agricultural films include low-density polyethylene, linear low-density polyethylene, high-density polyethylene, ethylene-vinyl acetate, and other specialized formulations. High-density polyethylene, distinguished by its low cost, milky white appearance, and semi-translucent thermoplastic nature, is stiffer and stronger than LDPE, exhibiting good impact strength and greater puncture resistance. Agricultural films are available in various forms, such as geomembranes, agricultural silage films, agricultural mulching films, and greenhouse plastic/covering films. These films serve diverse purposes, including bale wrapping and ensiling, silo bag manufacturing, tunnel covers, and bunker ensiling within the agricultural sector.
The agricultural films market research report is one of a series of new reports that provides agricultural films market statistics, including agricultural films industry global market size, regional shares, competitors with an agricultural films market share, detailed agricultural films market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural films industry. This agricultural film market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural films market size has grown strongly in recent years. It will grow from $11.04 billion in 2023 to $11.85 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be attributed to various factors, including the increasing global population, the imperative for food security, the adoption of greenhouse farming practices, government subsidies supporting agricultural activities, and the impacts of climate change. These combined influences have played a significant role in shaping the positive trajectory witnessed during that time.
The agricultural films market size is expected to see strong growth in the next few years. It will grow to $15.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing awareness of organic farming, a rise in research and development activities, evolving consumer preferences, the ongoing trend of increasing urbanization, and the adoption of precision agriculture practices. Key trends expected during this period encompass the development and adoption of biodegradable films, the integration of nanotechnology in film production, the emergence of multi-function films, and the provision of customized film solutions.
The surge in emphasis on enhancing global agricultural output is projected to be a driving force behind the growth of the agricultural films market in the foreseeable future. Agricultural productivity, a measure of output per unit input, has become essential due to increasing demands for food and limited agricultural lands. For instance, in January 2022, the United States Department of Agriculture reported that corn for grain production in the US was estimated at 15.1 billion bushels in 2021, marking a 7 percent increase from the 2020 figures. The average yield per acre also reached a record high of 177.0 bushels. Consequently, the growing attention towards improving agricultural output is propelling the agricultural films market.
The mounting global population is anticipated to serve as a catalyst for the agricultural films market. As the population increases, the demand for food rises, exerting pressure on agriculture. Agricultural films play a crucial role in feeding the growing population by aiding in the enhancement of crop yields, reducing pesticide use, improving food quality, extending the growing season, and generating employment. For instance, according to the United Nations in November 2022, the global population is expected to soar by nearly 2 billion individuals within the next three decades, reaching an estimated 9.7 billion by 2050. Hence, the expanding population is projected to drive the growth of the agricultural films market.
The integration of biodegradable polymers to augment production is reshaping the landscape of the agricultural film market. Leading corporations are investing in biodegradable polymers with competitive mechanical properties to substitute petroleum-based commodity plastics. For example, in March 2022, Solvay S.A., a Belgium-based chemical manufacturer, introduced Jaguar, a biodegradable polymer solution derived from guar. This material presents enhanced strength and an eco-friendly aesthetic, supporting the development of sustainable farming practices.
Leading companies in the agricultural film market are gaining a competitive edge through the development of advanced products, such as seven-layer silage barrier films, and expanding their global presence. An example is Polydress FarmGuard, a silage barrier film introduced to safeguard and preserve silage for livestock feed. In August 2021, RKW Group, a Germany-based plastic manufacturer, launched the 100µm Polydress FarmGuard silage barrier film, designed to enhance silage protection and facilitate easier handling. This next-generation film, known as e7 silage barrier film, boasts oxygen barrier effectiveness 100 times higher than regular silage films.
In June 2021, CNH Industrial N.V., a Netherlands-based capital goods company, acquired Raven Industries Inc. for a substantial deal amount of $2.1 billion. This strategic acquisition aims to fortify CNH Industrial's position in the global farm equipment industry by incorporating robust innovation capabilities in autonomous and precision agriculture technologies. Raven Industries Inc., a US-based agriculture company, specializes in the production of high-altitude balloons, radar systems, plastic film and sheeting, and precision agriculture products.
Major companies operating in the agricultural films market include Berry Global Inc., Kuraray Co. Ltd., Coveris Group, Trioplast Industrier AB, Armando Alvarez Group, RKW Group, AL-PACK Enterprises Ltd., RPC Group PLC, The Dow Chemical Company, BASF SE, Ab Rani Plast Oy, INDEVCO Group, Takiron Co. Ltd., Britton Group Inc., Anhui Guofeng Plastic Industry Co. Ltd., Plastika Kritis SA, Novamont SpA, ExxonMobil Chemical, Barbier Group, INDVECO Group, AGRIPOLYANE, AEP Industries Inc., Novolex Holdings Inc., Plastibell SpA, Polifilm GmbH, Groupe Guillin SA, Ginegar Plastic Products Ltd., Agriplast Tech India Pvt. Ltd., CI Takiron Corporation, Novolex Holdings Inc.
Asia-Pacific was the largest region in the agricultural films market in 2023. The regions covered in the agricultural films market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the agricultural films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The agricultural films market consists of sales of tunnel film, water reservoir film, soil sterilization film, polyvinyl chloride, nylon, and teflon. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main types of agricultural films include low-density polyethylene, linear low-density polyethylene, high-density polyethylene, ethylene-vinyl acetate, and other specialized formulations. High-density polyethylene, distinguished by its low cost, milky white appearance, and semi-translucent thermoplastic nature, is stiffer and stronger than LDPE, exhibiting good impact strength and greater puncture resistance. Agricultural films are available in various forms, such as geomembranes, agricultural silage films, agricultural mulching films, and greenhouse plastic/covering films. These films serve diverse purposes, including bale wrapping and ensiling, silo bag manufacturing, tunnel covers, and bunker ensiling within the agricultural sector.
The agricultural films market research report is one of a series of new reports that provides agricultural films market statistics, including agricultural films industry global market size, regional shares, competitors with an agricultural films market share, detailed agricultural films market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural films industry. This agricultural film market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural films market size has grown strongly in recent years. It will grow from $11.04 billion in 2023 to $11.85 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be attributed to various factors, including the increasing global population, the imperative for food security, the adoption of greenhouse farming practices, government subsidies supporting agricultural activities, and the impacts of climate change. These combined influences have played a significant role in shaping the positive trajectory witnessed during that time.
The agricultural films market size is expected to see strong growth in the next few years. It will grow to $15.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing awareness of organic farming, a rise in research and development activities, evolving consumer preferences, the ongoing trend of increasing urbanization, and the adoption of precision agriculture practices. Key trends expected during this period encompass the development and adoption of biodegradable films, the integration of nanotechnology in film production, the emergence of multi-function films, and the provision of customized film solutions.
The surge in emphasis on enhancing global agricultural output is projected to be a driving force behind the growth of the agricultural films market in the foreseeable future. Agricultural productivity, a measure of output per unit input, has become essential due to increasing demands for food and limited agricultural lands. For instance, in January 2022, the United States Department of Agriculture reported that corn for grain production in the US was estimated at 15.1 billion bushels in 2021, marking a 7 percent increase from the 2020 figures. The average yield per acre also reached a record high of 177.0 bushels. Consequently, the growing attention towards improving agricultural output is propelling the agricultural films market.
The mounting global population is anticipated to serve as a catalyst for the agricultural films market. As the population increases, the demand for food rises, exerting pressure on agriculture. Agricultural films play a crucial role in feeding the growing population by aiding in the enhancement of crop yields, reducing pesticide use, improving food quality, extending the growing season, and generating employment. For instance, according to the United Nations in November 2022, the global population is expected to soar by nearly 2 billion individuals within the next three decades, reaching an estimated 9.7 billion by 2050. Hence, the expanding population is projected to drive the growth of the agricultural films market.
The integration of biodegradable polymers to augment production is reshaping the landscape of the agricultural film market. Leading corporations are investing in biodegradable polymers with competitive mechanical properties to substitute petroleum-based commodity plastics. For example, in March 2022, Solvay S.A., a Belgium-based chemical manufacturer, introduced Jaguar, a biodegradable polymer solution derived from guar. This material presents enhanced strength and an eco-friendly aesthetic, supporting the development of sustainable farming practices.
Leading companies in the agricultural film market are gaining a competitive edge through the development of advanced products, such as seven-layer silage barrier films, and expanding their global presence. An example is Polydress FarmGuard, a silage barrier film introduced to safeguard and preserve silage for livestock feed. In August 2021, RKW Group, a Germany-based plastic manufacturer, launched the 100µm Polydress FarmGuard silage barrier film, designed to enhance silage protection and facilitate easier handling. This next-generation film, known as e7 silage barrier film, boasts oxygen barrier effectiveness 100 times higher than regular silage films.
In June 2021, CNH Industrial N.V., a Netherlands-based capital goods company, acquired Raven Industries Inc. for a substantial deal amount of $2.1 billion. This strategic acquisition aims to fortify CNH Industrial's position in the global farm equipment industry by incorporating robust innovation capabilities in autonomous and precision agriculture technologies. Raven Industries Inc., a US-based agriculture company, specializes in the production of high-altitude balloons, radar systems, plastic film and sheeting, and precision agriculture products.
Major companies operating in the agricultural films market include Berry Global Inc., Kuraray Co. Ltd., Coveris Group, Trioplast Industrier AB, Armando Alvarez Group, RKW Group, AL-PACK Enterprises Ltd., RPC Group PLC, The Dow Chemical Company, BASF SE, Ab Rani Plast Oy, INDEVCO Group, Takiron Co. Ltd., Britton Group Inc., Anhui Guofeng Plastic Industry Co. Ltd., Plastika Kritis SA, Novamont SpA, ExxonMobil Chemical, Barbier Group, INDVECO Group, AGRIPOLYANE, AEP Industries Inc., Novolex Holdings Inc., Plastibell SpA, Polifilm GmbH, Groupe Guillin SA, Ginegar Plastic Products Ltd., Agriplast Tech India Pvt. Ltd., CI Takiron Corporation, Novolex Holdings Inc.
Asia-Pacific was the largest region in the agricultural films market in 2023. The regions covered in the agricultural films market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the agricultural films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The agricultural films market consists of sales of tunnel film, water reservoir film, soil sterilization film, polyvinyl chloride, nylon, and teflon. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Agricultural Films Market Characteristics3. Agricultural Films Market Trends And Strategies31. Global Agricultural Films Market Competitive Benchmarking32. Global Agricultural Films Market Competitive Dashboard33. Key Mergers And Acquisitions In The Agricultural Films Market
4. Agricultural Films Market - Macro Economic Scenario
5. Global Agricultural Films Market Size and Growth
6. Agricultural Films Market Segmentation
7. Agricultural Films Market Regional And Country Analysis
8. Asia-Pacific Agricultural Films Market
9. China Agricultural Films Market
10. India Agricultural Films Market
11. Japan Agricultural Films Market
12. Australia Agricultural Films Market
13. Indonesia Agricultural Films Market
14. South Korea Agricultural Films Market
15. Western Europe Agricultural Films Market
16. UK Agricultural Films Market
17. Germany Agricultural Films Market
18. France Agricultural Films Market
19. Italy Agricultural Films Market
20. Spain Agricultural Films Market
21. Eastern Europe Agricultural Films Market
22. Russia Agricultural Films Market
23. North America Agricultural Films Market
24. USA Agricultural Films Market
25. Canada Agricultural Films Market
26. South America Agricultural Films Market
27. Brazil Agricultural Films Market
28. Middle East Agricultural Films Market
29. Africa Agricultural Films Market
30. Agricultural Films Market Competitive Landscape And Company Profiles
34. Agricultural Films Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Agricultural Films Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on agricultural films market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for agricultural films? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered: 1) By Type: Low-Density Polyethylene; Linear Low-Density Polyethylene; High-Density Polyethylene; Ethylene Vinyl Acetate; Other Types 2) By Film: Geomembrane; Agricultural Silage Films; Agricultural Mulching Films; Greenhouse Plastic Or Covering Film 3) By Application: Agricultural Films For Bale Wrapping And Ensiling; Agricultural Films For Silo Bags Manufacturing; Agricultural Films For Tunnel Covers; Agricultural Films For Bunker Ensiling
- Companies Mentioned: Berry Global Inc.; Kuraray Co. Ltd.; Coveris Group; Trioplast Industrier AB; Armando Alvarez Group
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Berry Global Inc.
- Kuraray Co. Ltd.
- Coveris Group
- Trioplast Industrier AB
- Armando Alvarez Group
- RKW Group
- AL-PACK Enterprises Ltd.
- RPC Group plc
- The Dow Chemical Company
- BASF SE
- Ab Rani Plast Oy
- INDEVCO Group
- Takiron Co. Ltd.
- Britton Group Inc.
- Anhui Guofeng Plastic Industry Co. Ltd.
- Plastika Kritis SA
- Novamont SpA
- ExxonMobil Chemical
- Barbier Group
- INDVECO Group
- AGRIPOLYANE
- AEP Industries Inc.
- Novolex Holdings Inc.
- Plastibell SpA
- Polifilm GmbH
- Groupe Guillin SA
- Ginegar Plastic Products Ltd.
- Agriplast Tech India Pvt. Ltd.
- CI Takiron Corporation
- Novolex Holdings Inc.
Methodology
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