Greenhouse and Mulch Film Market Scope and Analysis by 2030
Greenhouse and Mulch Film Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 9.73 Billion |
Market Size by 2030 | US$ 16.66 Billion |
Global CAGR (2022 - 2030) | 7.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COVID-19 Impact:
Lockdowns, travel restrictions, and business shutdowns due to the COVID-19 pandemic adversely affected economies and industries in various countries across the globe. The crisis disturbed supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. These disruptions restricted the availability of greenhouse and mulch film. It caused delays in production and increased costs, negatively impacting the overall supply of greenhouse and mulch film. Many manufacturing facilities were temporarily halted or scaled back during the COVID-19 pandemic to comply with lockdown measures and ensure the safety of workers. In addition, the pandemic impacted the global economy, leading to fluctuations in commodity prices and reduced demand for these agricultural films.
However, in 2021, the global marketplace started recovering from the losses as governments of different countries announced the relaxation of the restrictions. Manufacturing activities are rebounding as countries gradually recover from the pandemic and vaccination efforts continue. Manufacturers are permitted to operate at full capacity to overcome the supply gap. Thus, the global greenhouse and mulch film market is anticipated to grow significantly during the forecast period.
Competitive Landscape and Key Companies:
Dow Inc, Berry Global Group Inc, Cag Plastik San and Trade Ltd Sty, RKW SE, FVG Folien-Vertriebs GmbH, AA Politiv (1999) Ltd, Ginegar Plastic Products Ltd, Plastika Kritis SA, BASF SE, and Armando Alvarez SA are among the key players operating in the global greenhouse and mulch film market. The global market players focus on providing high-quality products to fulfill customer demand.