Valuation of Greenhouse Film Market to Cross US$ 14.7 Bn by

2022-09-10 06:32:19 By : Ms. Lisa Jin

April 12, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

ALBANY N.Y., April 12, 2022 (GLOBE NEWSWIRE) -- The greenhouse film market is estimated to expand at a CAGR of 10.4% during the forecast period from 2021 to 2031. Continual rise in demand for organic produce that requires complete control over the production of crop fuels the growth of greenhouse film market.

Statistically, an estimated 71.5 million hectares of land is used for organic farming worldwide. The U.S. accounts for the world’s highest revenue for sales of organic produce totaling at Euro 40.6 Bn. The number of organic farms have increased in France from 11,401 in 2005 to 53,000 in 2020.

Greenhouse organic farming is suitable for cultivation of fruit, vegetables, flowers, and other decorative plants that have high commercial value. Greenhouse film includes greenhouse structures, and is a key element to grow crops when they cannot be cultivated outdoors. Greenhouse provides the complete environment that is conducive for organic crop production and provides a structure that facilitates traceability.

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Climatic uncertainties in several parts of the world is compelling farmers to switch to greenhouse farming. Hefty loss due to lack of rainfall or unseasonal rains is leading to loss of interest of farmers in traditional farming. The adoption of greenhouse farming is in turn, creating opportunities in the greenhouse film market.

Greenhouse Film Market – Key Findings of Report

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Greenhouse Film Market – Growth Drivers

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Greenhouse Film Market – Key Players

Some of the key players operating in the greenhouse film market are;

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The greenhouse film market is segmented as follows;

Greenhouse Film Market, by Resin Type

Greenhouse Film Market, by Width

Greenhouse Film Market, by Application

Greenhouse Film Market, by Functionality

Greenhouse Film Market, by Region

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