Global Greenhouse Films Market Insights Forecasts to 2032

• The Global Greenhouse Films Market Size was valued at USD 6.2 Billion in 2022.
• The Market Size is Growing at a CAGR of 7.85% from 2022 to 2032
• The Worldwide Greenhouse Films Market is expected to reach USD 13.2 Billion by 2032
• North America is expected to Grow the fastest during the forecast period

The Global Greenhouse Films Market Size is expected to reach USD 13.2 Billion by 2032, at a CAGR of 7.85% during the forecast period 2022 to 2032.

A greenhouse is a structure that allows individuals to control environmental factors such as temperature and humidity. When the inside of a greenhouse is exposed to sunshine, the internal temperature rises, protecting the plants from the elements. Greenhouse films are exposed to a high level of UV radiation and are used to cover plants established in greenhouses. Greenhouses provide higher-quality crops than traditional agriculture, with greater control over growth and lower pest activity. These films manage sunlight and temperature while also protecting crops from snow, wind, and rain. Governments in various nations defend banning the improper use of greenhouse crops. The greenhouse film is chosen based on the weather conditions and crop growing area. Furthermore, the usage of smart greenhouse technologies such as sensors, automation systems, and data analytics contributes to the greenhouse film market trend, which is a growing trend in the sector. These devices improve plant development circumstances by delivering real-time data on temperature, humidity, and light levels. Films with higher light transmission capabilities or UV resistance, for example, can supplement these advanced systems and ensure optimal plant growth.

Driving Factors

Food demand is expected to increase, particularly in Eastern Europe, Central Asia, Latin America, and Asia, due to significant population growth in these countries. As the world's population grows, so does the need for food, putting a strain on agricultural productivity. This substantial increase in agricultural product demand can be achieved through controlled agriculture and the use of technology such as greenhouses. Greenhouse films increase crop quality and agricultural output by reducing soil erosion, delivering nutrients, increasing soil temperature, inhibiting weed development, and other methods. As a result, the requirement to improve agricultural productivity is critical in driving demand for greenhouse films.

Restraining Factors

The greenhouse film industry is projected to be hampered by fluctuations in raw material prices. The basic ingredients utilized in greenhouse film manufacture are highly volatile. To achieve constant production and supply, the greenhouse film industry relies on raw material availability and cost consistency. Manufacturers have issues as raw material prices fluctuate, causing uncertainty in pricing techniques, planning for manufacturing, and revenue.            

Market Segmentation

By Type Insights

The linear low-density polyethylene (LLDPE) segment dominates the market with the largest revenue share over the forecast period.

On the basis of type, the global greenhouse films market is segmented into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), ethylene vinyl acetate (EVA), and polyvinyl chloride (PVC). Among these, the linear low-density polyethylene (LLDPE) segment is dominating the market with the largest revenue share of 35.6% over the forecast period. The low cost, strong impact resistance, outstanding workability, electrical insulating qualities, and great chemical resistance, (LLDPE) are reasons behind this dominating segment. Low-density polyethylene (LDPE) films have transparency and are invisible or colored. These films are utilized in rural areas with harsh weather and limited water supplies. Low tunnels, greenhouses, mulching, silage, and irrigation tapes all use LDPE films.

By Thickness Insights

The less than 200 microns segment is witnessing significant CAGR growth over the forecast period.

On the basis of the thickness, the global greenhouse films market is segmented into less than 200 microns, equal to 200 microns, and greater than 200 microns. Among these, the less than 200 microns segment is witnessing significant CAGR growth over the forecast period. Thin greenhouse films can often be less expensive, making them a desirable choice for manufacturers with limited resources or growing seasonal crops. Thus, high-quality services and increased use of greenhouse film in greenhouses are expected to accelerate the commercial landscape.

By Technology Insights

The UV-blocking segment is expected to hold the largest global greenhouse film market share during the forecast period.

On the basis of the technology, the global greenhouse films market is segmented into UV blocking, non-UV blocking, single-layer, and multi-layer. Among these, the UV blocking segment is witnessing significant CAGR growth over the forecast period. UV-stabilized films have been developed for resistance to damage induced by ultraviolet radiation, resulting in a longer lifespan and fewer replacements. Increasing the transpiration and photosynthesis rate, promoting vegetative growth and yield, and suppressing some fungal infections.

By Application Insights

The ornamental segment accounted for the largest revenue share over the forecast period.

On the basis of application, the global greenhouse films market is segmented into vegetables, flowers, ornamental, plants, and fruits. Among these, the ornamental segment dominates the market with the largest revenue share of 33.85% over the forecast period. Ornamental plants are becoming more visible in business and residential interior design. They are grown as decorative plants in landscape design endeavors and gardens. Companies in the greenhouse film market are expanding their manufacturing capacities in order to offer a variety of decorative species such as annual vegetation, trees, shrubs, and even aquatic plants. Common ornamental plants grown in greenhouses include gazanias, impatiens, ferns, poinsettias, petunias, salvia, caladiums, and orchids.

Regional Insights

Asia Pacific dominates the market with the largest market share over the forecast period.

Asia Pacific is dominating the market with more than 38% market share over the forecast. Greenhouse film requirements have been driven by elements to boost greenhouse agricultures owing to the increasing need for suitable environmental conditions. In China, the agriculture business has been altering throughout a period of time with new technology boosting the overall development of forest products and farming. As a result, promoting the agriculture business will drive the market for greenhouse films. India is the greatest producer of tea, spices, lentils, and rice, and the second largest producer of wheat, vegetables, and fruits, which has increased market demand in India and is predicted to enhance the greenhouse film market in the Asia Pacific region.

North America, on the contrary, is expected to grow the fastest during the forecast period. The increasing need for managed farming, the increasing populations, and the increasing need to boost agricultural production all contribute to regional market growth. Anti-condensation films, which efficiently reduce moisture and prevent plant disease, contribute to the region's market growth. A result of a strong agricultural sector and an expanding trend of greenhouse farming.

List of Key Market Players

• Olifilm Extrusion
• Agriplast Tech India Pvt. Ltd
• Thai Charoen Thong Karntor Co. Ltd
• Vis and Son Company Limited
• Central Worldwide Co. Ltd
• Ginegar Plastic Products Ltd 
• Grupo Armando Alvarez
• Fvg Folien Vertriebs
• Beijing Kingpeng International Hi-Tech Corporation
• Plastika Kritis
• Visqueen
• Agripolyane
• RPC Group plc

Key Market Developments

• On August 2023, Gotham Greens, a fresh food and urban agriculture firm based in New York, opened its second high-tech hydroponic greenhouse in Colorado. This new aperture more than fivefold boosted manufacturing capacity in the Rocky Mountain region.

• On July 2021, UbiQD announced a collaboration with Solvay for its UbiGro greenhouse film series. The collaboration aided in the advancement of quantum dot-powered luminous greenhouse covers.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global greenhouse films market based on the below-mentioned segments:

Greenhouse Films Market, Type Analysis

• Low-Density Polyethylene (LDPE)
• Linear Low-Density Polyethylene (LLDPE)
• Ethylene Vinyl Acetate (EVA)
• Polyvinyl Chloride (PVC)

Greenhouse Films Market, Thickness Analysis

• Less than 200 microns

• Equal to 200 microns
• Greater than 200 microns

Greenhouse Films Market, Technology Analysis

• UV blocking
• Non-UV Blocking
• Single Layer
• Multi-Layer

Greenhouse Films Market, Application Analysis

• Vegetables
• Flowers
• Ornamental
• Plants
• Fruits

Greenhouse Films Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa