Agricultural films are gaining a worldwide importance as the area under protected agriculture increasing day-by-day, as per Research and Markets. Furthermore, the need to increase the agricultural production to feed the ever-growing population is also a vital growth driver for agricultural films. The demand for agricultural films has driven due to its multi tasking and efficient functioning. Regulatory authorities are implying directives for use of polyethylene. Regulations regarding use of the plastics and recycling of the plastics are being implemented in the regions of Europe, U.S., and Asia at a significant pace. The policies and regulation implied by different authorities for supporting degradable films production are also discussed in the study. The degradable films are gaining importance due to its eco-friendly and the cost of disposal is avoided. The global agricultural film market is segmented firstly on the basis of the polymers as linear low density polyethlyene, low density polyethlyene, high density polythlyene, reclaim, and others. Secondly, it is segmented on the basis of application as greenhouse agricultural films, silage films, mulching films; these are again further segmented up to the end use.