Jyoti Waghmare
Jyoti Waghmare
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Agricultural Films Market: Exploring Biodegradable Options and Innovations

Agricultural Films Market (2024 - 2030) Size, Share & Trends Analysis Report By Raw Material (LDPE, LLDPE, HDPE, EVA/EBA, Reclaims), By Application (Green House, Mulching, Silage), By Region, And Segment Forecasts

The global agricultural films market size was valued at USD 11.45 billion in 2023 and is projected to reach USD 20.59 billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. Agricultural output, demand for modern agricultural practices, and sustainable farming drive the agricultural films market during the forecast period. Agricultural film products are employed to safeguard crops in greenhouses and help plants endure extreme climates.

 

Agricultural films are utilized for various farming techniques to improve crop quality, adjust soil temperature, control weed growth, and boost crop yields. Other uses of these products include storing corn, silage, and hay. Thus, farmers require agricultural films for their cultivation needs. Agricultural films are proven solutions for soil protection, greenhouse yields, and precision farming. The elastic films safeguard the plants in both indoor and outdoor environments. The durability and efficiency of agricultural films contribute to improving production. In extreme climates and regions with excess rainfall, they lessen the impact of hail.

 

The growing need for food has led to a rise in the use of plastic films in the agricultural sector. These films are used in low tunnels, irrigation systems, mulching, and silage. Agricultural films enhance crop yield with a better harvest and produce. Therefore, they are utilized in contemporary agriculture to supplement crop production. Beyond the regular norm, film manufacturing industries focus on producing nano-greenhouse films for agricultural use at affordable prices. These films are ideal for remote regions as they do not require electricity.

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Key Market Trends & Insights

 

  • The Asia Pacific agricultural films dominated the global market in 2023 due to the high population in countries such as China and India. There is a significant increase in the demand for food. Ideal weather conditions result in perennial farming activities, and with the help of agricultural films, the quality levels in the soil can be controlled.
  • North America agricultural films accounted for a global market share of 21.9% in 2023. The rising popularity of greenhouse farming, the need to save water resources, and the increasing interest in organic agriculture are propelling the growth of the agricultural film market. Furthermore, regional market growth is positively anticipated due to agricultural films featuring biodegradability, UV resistance, and increased durability.
  • Based on raw material, LLDPE accounted for the largest market revenue share of 49.5% in 2023. LLDPE is extensively used in agriculture because it is readily accessible, inexpensive, has strong impact resistance, provides good electrical insulation, and exhibits outstanding chemical resistance. These films possess various characteristics such as high tensile strength, crack and UV ray resistance, moisture barrier, and adjustable temperature properties.
  • Based on application, the mulching segment accounted for the largest market revenue share of 44.3% in 2023. Mulching offers advantages such as suppressing weed growth, reducing water loss, controlling soil temperature, and supplementing crop health with ideal heat and water intake. Furthermore, mulching films reduce the need for pesticides and help in water conservation, promoting sustainable and eco-friendly farming methods.

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Order a free sample PDF of the Agricultural Films Market Intelligence Study, published by Grand View Research.

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Market Size & Forecast

  • 2023 Market Size: USD 11.45 Billion
  • 2030 Projected Market Size: USD 20.59 Billion
  • CAGR (2024 to 2030): 8.8%
  • Asia Pacific: Largest market in 2024

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Key Companies & Market Share Insights

Some key companies in the agricultural films market include RKW Group, Coveris, Rani Group, Groupe Barbier, and others. Organizations emphasize increasing their customer base to gain a competitive edge in the industry. Therefore, key players are undertaking several strategic initiatives, such as mergers and acquisitions and partnerships with other major companies.

  • Groupe Barbier is involved in recycling and manufacturing eco-friendly plastic products for the retail and agricultural sectors. The company focuses on advancing eco-friendly design, utilizing biomaterials, and managing the collection process of post-consumer films for recycling household, industrial, and agricultural films.
  • Polifilm is the leading manufacturer of extrusion films and protective films. It provides extrusion, technical, standard, off-the-shelf, and protective films. For technical films, the offerings include laminating, labeling, and protective films.

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Key Players

  • RKW Group
  • Coveris
  • Rani Group
  • Groupe Barbier
  • Plastika Kritis
  • Industrial Development Company Sal
  • Polifilm
  • Sigma Plastics Group
  • ExxonMobil Corporation
  • Geminor
  • The Grupo Armando Alvarez

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Conclusion

The agricultural films market is poised for substantial growth, driven by the increasing demand for modern agricultural practices and sustainable farming solutions. As the necessity for improved crop yields and food production rises, agricultural films will play a critical role in enhancing agricultural efficiency. Innovations in film technology and materials are expected to further support market expansion, making agricultural films indispensable for contemporary farming practices.