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The global greenhouse film industry is being driven by the rising population globally, which is propelling the demand for food and agricultural produce. In addition, the increased investments in the agriculture sector to promote the concept of protected farming are also predicted to bolster the market growth in the coming years. Moreover, the demand for offseason cultivation of fruits and vegetables are also expected to aid the market growth. Furthermore, the rising number of protected farming areas allotted for greenhouse farming and the increased demand for durable as well as improved quality greenhouse films are predicted to significantly contribute to the market growth in the forecast period.
The rising demand for food and agricultural produce is leading to increased investments in the development of quality cultivation mechanisms, such as efficient greenhouse films to enhance the cultivation of crops. This is anticipated to aid the market growth in the coming years. The rising issues of climate change and increased pressure on natural resources are affecting food production, cultivation, and harvesting. In addition, the rising urbanisation is reducing the available land resources for cultivation. In this regard, protected farming is proving to be a beneficial tool for farmers to produce different varieties of crops, including the seasonal vegetation, all around the year. Moreover, the quality and quantity enhancing benefits of greenhouse farming are also leading to an increased demand for greenhouse films in the market. For instance, a variety of greenhouse films are available on Amazon, Inc. (NASDAQ: AMZN). These developments are expected to positively impact the growth of the greenhouse film industry in the forecast period.
Market Breakup by Plastic Type, Thickness, Width, Application, and Region:
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The major players in the global greenhouse film market are Ginegar Plastic Products Ltd., Essen Multipack Limited, Exxon Mobil Corporation, POLIFILM Group, Berry Global Inc., Lumite, Inc., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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