South & Central America Greenhouse and Mulch Film Market Forecast to 2030 - Regional Analysis - by Product Type, Material, and Application

Description

List of Tables

The South & Central America greenhouse and mulch film market was valued at US$ 231.90 million in 2022 and is expected to reach US$ 340.90 million by 2030; it is estimated to register a CAGR of 4.9% from 2022 to 2030.

Increasing Use of Greenhouse and Mulch Film for Crop Protection and Yield Improvement Fuels South & Central America Greenhouse and Mulch Film Market

The greenhouse film is a specialized plastic covering designed to create a controlled environment for plants. These films made from polyethylene allow sunlight to penetrate while trapping heat and creating a greenhouse effect. This controlled atmosphere protects crops from adverse weather conditions, pests, and diseases. Greenhouse films contribute to yield improvement by extending the growing season and providing a stable climate for plants. This allows for multiple cropping cycles in a year, leading to increased productivity. The insulation provided by these films helps maintain optimal soil temperature, promoting better root development and nutrient absorption. Consequently, farmers experience higher yields and improved quality of produce. Mulch films, on the other hand, are plastic sheets laid over the soil surface in open-field cultivation. These films serve multiple purposes in agriculture. One primary function is weed control, as they prevent weed growth by blocking sunlight and hindering weed germination. Additionally, these films minimize water evaporation from the soil, enhancing water use efficiency and reducing irrigation requirements.

The expanding global population necessitating higher food production to meet the growing demand for sustenance, is a significant driver of the greenhouse and mulch films market. The United Nations estimates that the global population will increase by 2 billion people in the next 30 years; it will increase from 8 billion in 2022 to 9.7 billion by 2050. The population would peak at ~10.4 billion in the 2100. Thus, the increasing food demand has led to a surge in the agricultural sector. With a rise in the global population and the demand for food, agriculturists across the world are focusing on modifying farming practices to obtain high crop yields from smaller cultivation areas. Thus, crop protection and yield enhancement are the key focus areas of the agricultural sector, which signifies the continuous need for greenhouse and mulch film in the agriculture sector. Climate change is also another critical factor contributing to the rising demand for greenhouse and mulch films. Fluctuating weather patterns, extreme events, and changing pest dynamics have heightened the vulnerability of crops to various stressors. Farmers are increasingly adopting protective measures to shield their crops from adverse weather conditions, pests, and diseases, which can significantly impact yields. The unpredictability of climate patterns underscores the importance of proactive strategies to safeguard crops and maintain consistent productivity, further driving demand for greenhouse and mulch films.

South & Central America Greenhouse and Mulch Film Market Overview

South & Central America is contributing to the growth of the South & Central America greenhouse and mulch film market in relation to expanding agricultural facilities. The rising utilization of greenhouse and mulch film in the agricultural process to boost productivity propels the demand for greenhouse and mulch films. A burgeoning middle class across the region and increased urbanization are driving the demand for fresh fruits, vegetables, and flowers. Greenhouse and mulch films allow farmers to meet this demand by maximizing yields, ensuring consistent supply, and extending the growing season. As farmers in countries such as Brazil continue to increase planted areas and strive for higher yields, production is expected to rise. This, in turn, will positively increase the South & Central America greenhouse and mulch film market growth. Furthermore, the area harvested under major food crops in South & Central America has been steadily increasing, owing to rising population and corresponding increases in demand for food grains. According to the Food and Agriculture Organization of the United Nations, in Argentina, cereal crop area increased from 11.7 million hectares in 2015 to 15.1 million hectares in 2020. As agricultural activities continue to grow, there is a need for innovative solutions to maximize the productivity of available land. Greenhouse films play a crucial role by creating controlled environments that protect crops from unpredictable weather conditions, allowing for year-round cultivation and mitigating the challenges associated with varying climates in the region. This technology becomes particularly essential as more arable land is brought into cultivation, providing an option to optimize growing conditions and enhance overall agricultural efficiency. In addition, in tandem with the expansion of arable land, water scarcity is a persistent challenge in many parts of South & Central America. According to the World Bank, Latin America has experienced 74 droughts in the last two decades, causing damage of over US$ 13 billion. Mulch films contribute to water conservation by reducing evaporation, conserving soil moisture, and suppressing weed growth. These benefits are crucial for sustaining agricultural productivity on newly cultivated lands, especially in the region where water resources are limited. Thus, the adoption of mulch films has become instrumental in optimizing water usage and ensuring the efficient utilization of expanded arable areas.

South & Central America Greenhouse and Mulch Film Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Greenhouse and Mulch Film Market Segmentation

The South & Central America greenhouse and mulch film market is categorized into product type, material, application, and country.

Based on product type, the South & Central America greenhouse and mulch film market is bifurcated greenhouse film and mulch film. The mulch film segment held a larger market share in 2022.

In terms of material, the South & Central America greenhouse and mulch film market is categorized into LLDPE, LDPE, HDPE, EVA, PHA, PVC, PC, and others. The LLDPE segment held the largest market share in 2022.

By application, the South & Central America greenhouse and mulch film market is segmented into vegetable farming, horticulture, floriculture, and others. The vegetable farming segment held the largest market share in 2022.

By country, the South & Central America greenhouse and mulch film market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America greenhouse and mulch film market share in 2022.

BASF SE, Berry Global Group Inc, Dow Inc, and Ginegar Plastic Products Ltd are some of the leading companies operating in the South & Central America greenhouse and mulch film market.

Product Code: BMIRE00030541

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness
- 2.2.1 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Greenhouse and Mulch Film Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End Use Industry:

5. South & Central America Greenhouse and Mulch Film Market - Key Market Dynamics

5.1 South & Central America Greenhouse and Mulch Film Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Use of Greenhouse and Mulch Film for Crop Protection and Yield Improvement
- 5.2.2 Growing Demand for Fruits & Vegetables
5.3 Market Restraints
- 5.3.1 Growing Concerns Related to Microplastic Pollution
5.4 Market Opportunities
- 5.4.1 Ongoing Developments in Crop Protection Practices
5.5 Future Trends
- 5.5.1 Rising Demand for Biodegradable Mulch Films
5.6 Impact of Drivers and Restraints:

6. Greenhouse and Mulch Film Market - South & Central America Analysis

6.1 South & Central America Greenhouse and Mulch Film Market Volume (Million Sq. Meter)
6.2 South & Central America Greenhouse and Mulch Film Market Revenue (US$ Million)
6.3 South & Central America Greenhouse and Mulch Film Market Forecast and Analysis

7. South & Central America Greenhouse and Mulch Film Market Analysis - Product Type

7.1 Greenhouse Film
- 7.1.1 Overview
- 7.1.2 Greenhouse Film: South & Central America Greenhouse and Mulch Film Market - Volume and Forecast to 2030 (Million Sq. Meter)
- 7.1.3 Greenhouse Film: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Mulch Film
- 7.2.1 Overview
- 7.2.2 Mulch Film: South & Central America Greenhouse and Mulch Film Market - Volume and Forecast to 2030 (Million Sq. Meter)
- 7.2.3 Mulch Film: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)

8. South & Central America Greenhouse and Mulch Film Market Analysis - Material

8.1 LLDPE
- 8.1.1 Overview
- 8.1.2 LLDPE: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.2 LDPE
- 8.2.1 Overview
- 8.2.2 LDPE: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.3 HDPE
- 8.3.1 Overview
- 8.3.2 HDPE: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.4 EVA
- 8.4.1 Overview
- 8.4.2 EVA: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.5 PHA
- 8.5.1 Overview
- 8.5.2 PHA: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.6 PVC
- 8.6.1 Overview
- 8.6.2 PVC: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.7 PC
- 8.7.1 Overview
- 8.7.2 PC: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Greenhouse and Mulch Film Market Analysis - Application

9.1 Vegetable Farming
- 9.1.1 Overview
- 9.1.2 Vegetable Farming: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
9.2 Horticulture
- 9.2.1 Overview
- 9.2.2 Horticulture: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Floriculture
- 9.3.1 Overview
- 9.3.2 Floriculture: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others: South & Central America Greenhouse and Mulch Film Market - Revenue and Forecast to 2030 (US$ Million)

10. South & Central America Greenhouse and Mulch Film Market - Country Analysis

10.1 South & Central America

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Expansion
12.3 Partnerships
12.4 Other Business Strategies

13. Company Profiles

13.1 Dow Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Berry Global Group Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Ginegar Plastic Products Ltd
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 BASF SE
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments

14. Appendix