Greenhouse Film Market Size, Share & Trends Analysis Report By Resin Type, By Region, And Segment Forecasts, 2023 To 2030

The global greenhouse film market growth is attributable to the increasing population, which has augmented crop production. Greenhouse films enhance crop yield by providing protection against UV and IR rays. Further, they also provide thermal stability to the crops in a closed environment. Their utilization thus leads to the production of better and healthier crops.

Greenhouse films are plastic coverings used in greenhouses. They are essential in assisting farmers that opt for protected farming, where the cultivation takes place in a climate-controlled environment and the growth of plants can be accelerated by roughly 25% with the help of greenhouse films that offer 100% light diffusion. The films should be chosen carefully so that they can emit the most dispersed light possible. Using greenhouse films with limited light diffusion increases the risk of burning and may contribute to overheating of the greenhouse.

Based on resin type, the market can be segmented into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), ethylene vinyl acetate (EVA), and polyvinyl chloride (PVC). Polyethylene is the most preferable resin type. The smooth plastic is used to cover the greenhouse's roof in order to shield the plants within from the weather. It is a cost-effective option, but it needs to be replaced in a span of one to four years.

PVC film shares many characteristics with polyethylene film. Although PVC film is more expensive than the latter, it has a five-year lifespan. PVC film comes in sizes ranging from 4 to 6 feet. PVC film manufacturing materials tend to draw airborne dust particles to themselves.

Traditional greenhouses employ glass to reduce moisture and humidity while letting light inside. The greenhouse film can be used to construct greenhouses to achieve the same outcome. Greenhouse film is less expensive, lighter, and easier to replace than traditional glass covers. The market, however, faces restrictions owing to a lack of awareness of greenhouses and their high installation costs.

Based on region, Asia Pacific holds the largest revenue share of the global market. The high population growth in the region adds to the strain on agricultural output. Also, countries like China, India, and Bangladesh are giving subsidies and bringing new policies for farmers to increase their productivity. For instance, NHB (National Horticulture Board), a regulatory organization for greenhouse farming in India offers 50% on a project of INR 112 lakhs maximum ceiling per beneficiary. It provides a 50% subsidy up to a maximum limit of INR 50 lakhs.

The market is competitive in nature with the presence of various players. Some of the prominent market players include Berry Global Group, Amcor PLC, Avient, GreenPro, Polifilm Group, and Essen Multipack among others.