global agricultural film market to grow to US$9.66 bln in 2013

摘要

THE introduction of agricultural films has had a remarkable impact on the overall productivity and performance of the farming sector. Used as a protective coating over greenhouses, over soil, or wrapped around fodder, the market for agricultural films has grown over the years. Based on studies conducted by Transparency Market Research, the global agricultural film market for stands to grow from a revenue of US$5.87 bin in 2012 to US$9.66 bin in 2019, presenting a CAGR of 7.6% from 2013 to 2019. By volume, the agricultural film market is anticipated to grow from 4,410.3 kilo tons in 2012, at a CAGR of 5.7% from 2013-2019. The agricultural film market is chiefly fuelled by the global rise in demand for food. This factor is supported by the decrease in cultivable land and urgent need to increase agricultural productivity.