Global greenhouse film market to register CAGR of 10.6%, from 2016 to 2022

08-Nov-16

The global greenhouse film market is expected to touch around US$4.70 bln growing at CAGR of 10.6%, between period of 2016 and 2022, as per Research and Markets. Demand for crop cultivated in greenhouse, growing areas of cultivation under greenhouse protection, and focus on increasing agricultural yield are the reasons driving the global greenhouse film market for the forecasted period. The future opportunities in greenhouse film market lies in new innovation in film, and small & medium sized greenhouse.

Lack of about the beneficial aspect of greenhouse is hampering the greenhouse film market for the forecasted period. Greenhouse films being intolerant towards extreme climatic conditions, and films having shorter life span compared to glasshouse & poly house, are restraints of the greenhouse film market.