Global Agricultural Films Market 2020-2024 | Rising Need to Increase Agricultural Yield to Boost the Market Growth | Technavio

Technavio has announced its latest market research report titled global agricultural films market 2020-2024 (Graphic: Business Wire)

LONDON--()--The agricultural films market is expected to grow by USD 4.18 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report

The increase in population and growth in industrialization have led to a rise in urbanization, adding to the loss of arable land across the globe. The demand for agricultural films has increased among farmers as they need to consider various factors such as changes in climatic conditions, soil characteristics, water and other nutrient levels in the soil, and other macroeconomic factors for crop production. Furthermore, agricultural films used for mulching perform better at low temperatures. Mulch films prevent soil erosion and increase productivity by preventing weed growth in farms. Therefore, the need to increase crop yield is expected to boost the demand for agricultural films during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40403

As per Technavio, the increasing adoption of biodegradable mulches will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Agricultural Films Market: Increasing Adoption of Biodegradable Mulches

The increasing adoption of biodegradable mulches is one of the major trends being witnessed in the global agricultural films market. Agricultural mulches help in maintaining soil temperature, reduce moisture, and increase crop yield by reducing weed growth. However, the disposal of agricultural films that are made of polythene leads to soil and water pollution. Thus, farmers are moving toward eco-friendly alternatives such as biodegradable mulches. This is further expected to boost the growth of agricultural films market during the forecast period.

“Need to improve quality of silage and increase in number of drought-prone areas will drive the demand for agricultural films market during the forecast period,” according to a market research analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports

Technavio's SUBSCRIPTION platform

Agricultural Films Market: Segmentation Analysis

This market research report segments the agricultural films market by application (mulch films, greenhouse films and silage films), raw material (linear low-density polyethylene, low-density polyethylene, high-density polyethylene and others), and geography (APAC, North America, Europe, South America and MEA).

APAC led the agricultural films market share in 2019, followed by North America, Europe, South America, and MEA. The growing adoption of agricultural films in countries such as China, India, and Australia is expected to drive the growth of the agricultural films market in APAC.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Some of the key topics covered in the report include:

Application Segmentation

  • Mulch Films
  • Greenhouse Films
  • Silage Films

Raw Material Segmentation

  • Linear Low-Density Polyethylene
  • Low-Density Polyethylene
  • High-Density Polyethylene
  • Others

Geographic Segmentation

  • APAC
  • North America
  • Europe
  • South America
  • MEA

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The agricultural films market is expected to grow by USD 4.18 billion during 2020-2024, according to the latest market research report by Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/