Horticulture Film Market: Segmentation
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In the last decade, penetration of agriculture packaging market through Internet/E-commerce retailing has gained momentum, as it is perceived to be very convenient and economical for buyers to make purchase. Horticulture films are also used to modify weed growth, soil temperature to boost the market growth. Moreover, in order to secure crop yield, horticulture films must be durable.
A shift towards convenience packaging is assessed to be a prominent driver in the agriculture packaging market. Modern farmers are discerning customers who need low cost, high performance, flexible plastic sheets that can fit in a limited amount of space. This has led to innovative and creative solutions in the horticulture film market.
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However, recent economic decline in economies across developed and developing regions could make it difficult for growth of the horticulture films market. These plastic films comprises of polyethylene (PE) and Polypropylene (PP) material that are regarded to have adverse effects on the environment. Stringent FDA regulations comprising of restrictions on use of harmful chemical substances, and also various regulations for specific thickness, length and breadth on the plastic used for agriculture packaging have led to increase in demand for alternative environmentally friendly products.
Horticulture Film Market: Key Development BASF SE has introduced new horticulture films that improves the properties of mulching and has light stablizers which provide protection against solar irradiation and agro-chemicals. The company launched polymer ecovio®M’ which contains bio-based content which is completely biodegradable. The advantage of film manufactured from these polymer is that farmers do not have to collect horticulture films after harvest and can plow it in directly which saves money as well as time. In 2008, Trioplast Industries AB, a subsidiary of Altor Fund IV and a horticulture film manufac turing company had expanded its manufacturing capability by acquiring Ekoplast Emballage AB.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the global Horticulture films market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with Horticulture films market attractiveness as per segments. The report also maps the qualitative impact of various factors on Horticulture films market segments and geographies.
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