Agricultural Films Market Size

Agricultural Films Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The market for agricultural films is expected to reach $7.5 billion by 2023, and is projected to reach $16 billion by 2030, at a CAGR of 4.0%. This shows that the demand for agricultural films will continue to grow steadily, driven by the rising need for improved agricultural productivity and efficiency. As the world population continues to grow, pressure on food production is increasing, and farmers and agricultural companies are increasingly adopting solutions to increase crop yields and protect them from adverse weather. Several factors are contributing to the growth of the agricultural films market. The introduction of new film-making technology, such as biodegradable and UV-stable films, is gaining acceptance among consumers and regulators. In addition, the growing popularity of greenhouses and controlled environment agriculture is driving the demand for high-quality agricultural films. The major companies in the agricultural films industry, such as BASF, Berry, and DuPont, are investing in R & D, forming strategic alliances, and launching new products to enhance their market share and meet the changing needs of customers.

Regional Market Size

Regional Deep Dive

Agricultural films are experiencing significant growth in a number of regions, mainly due to the growing demand for sustainable agriculture and the need to increase crop yield. The market in North America, Europe, Asia-Pacific, the Middle East, and Latin America is influenced by the availability of new technology, the regulatory environment, and the growing emphasis on food security. Each region has its own characteristics, with the level of penetration of agricultural films depending on the local agricultural practices, the economic environment, and the local government’s policy on the environment.

North America

• Biodegradable agricultural films are gaining in importance. Companies like BASF and Novamont are leading the way in the development of sustainable materials, in response to the increasing demand for eco-friendly solutions.
• In the United States, recent regulations have encouraged the use of biodegradable plastic films as a soil cover. The use of these films is encouraged by the United States Department of Agriculture’s (USDA) sustainable agriculture programs.
• The precision of agricultural machinery is increasing, and the demand for films for crop protection and yield is increasing, which drives the R&D of high-performance films.

Europe

• It is now a question of time before biodegradable films become the norm, a question which will be answered by the European Union’s strict regulations on the disposal of plastic waste.
• In smart agricultural films, DuPont is developing smart agricultural films that can be inserted into the soil and that can be used as sensors for the conditions of the soil, thus facilitating the use of resources in agriculture.
• The European market is characterized by the strong tendency towards organic farming. The demand for films which support organic farming is increasing, and is influenced by cultural preferences for sustainable agriculture.

Asia-Pacific

• “The rapid growth of the population in countries like India and China is pushing the demand for agricultural films. Local companies like UPL are expanding their product range.
• Governments such as Japan are encouraging the use of new agricultural techniques such as films which protect against extreme weather.
• Southeast Asia, where climatic conditions require controlled environment agriculture, is experiencing a high rate of adoption of greenhouse film.

MEA

• The Middle East and Africa are undergoing a process of change in agriculture, and the governmental plans for the provision of food security in arid regions are supporting the investment in agricultural films.
• Agricultural technology companies such as AEP Industries are addressing the specific problems of desert agriculture with new solutions like water-saving films.
• Culture is a great barrier to the introduction of agricultural films in the country, but it is gradually being overcome by the benefits of the films, and the number of farmers who use them is increasing.

Latin America

• Latin American agriculture is adopting plastic films in the fight against pests and soil loss, and companies such as Grupo Bimbo are investing in sustainable agricultural practices.
• In Brazil, the government is promoting the use of films for agricultural production to increase productivity in the face of climate change. The program includes agronomic education.
• The wide variety of agricultural products in the area, including large-scale and small-scale farms, is driving the demand for agricultural films of different sizes and varieties to suit the different farming practices.

Did You Know?

“The agro-plastic films increase the yield of the crops by 20 to 30 per cent by keeping the temperature and humidity of the soil more constant.” — International Journal of Agricultural Science and Research

Segmental Market Size

The Agricultural Films Market, particularly the biodegradable film market, plays a key role in enhancing crop yields and protecting plants from environmental stresses. This market is currently growing, driven by increasing consumer demand for sustainable agriculture and regulatory policies to reduce plastic waste. Moreover, governments are introducing stricter regulations on the use of plastic, which is driving the demand for eco-friendly alternatives in agriculture.

The biodegradable agricultural films are at the stage of their commercialization. The innovation and production are now in the hands of companies like BASF and Novamont. The main applications are greenhouse covers, green and hay films, which are essential for the improvement of agricultural production. A series of trends, such as the push for global sustainability, and initiatives such as the European Green Deal, are accelerating the shift towards biodegradable solutions. The development of biopolymers and the use of advanced manufacturing methods are shaping the evolution of this sector and ensuring that agricultural practices are in line with the environment.

Future Outlook

The Agricultural Films Market is expected to grow at a CAGR of 4.0% from 2023 to 2030, with the market value growing from $7.5 billion to $16 billion. This growth will be driven by the increasing demand for sustainable agricultural practices and the increasing adoption of advanced farming techniques. In addition, as the demand for food rises due to population growth and changing dietary habits, the use of agricultural films for crop protection, soil management, and yield enhancement is expected to rise. The use of agricultural films is expected to rise to 30% of the total agricultural land in key regions by 2030, from 16% in 2023. This represents a significant shift towards modern agricultural practices.

Biodegradable and multi-function films are a major growth driver for the market. Using advances in polymer science and material science, new films are being developed which not only improve crop yields but also minimize their impact on the environment. In addition, supportive government policies that aim to promote sustainable agriculture and reduce plastic waste are likely to create a favorable regulatory environment for the agricultural films market. As well, the increasing adoption of smart farming and precision agriculture will also play an important role in the market. Farmers will be looking for solutions that optimize the use of resources and improve crop resilience. The agricultural films market will continue to evolve significantly in the years ahead, driven by the combination of technological innovation, regulatory support, and changing farming practices.