Africa Agricultural Films Market Rising Trends, Share, Revenue, Key Challenges, and Business Opportunities 2024-2033: SPER Market Research
Agricultural films are stretchable plastics used to cover plants in greenhouses and open spaces. The crops are more productive thanks to these films. These plastic films have been given additional chemicals, including UV, thermal stabilizers, and anti-fogging agents, to improve their performance and longevity. The usage of effective plastic films in agriculture has increased due to the rising need for food. Applications for these films include mulching, silage, irrigation systems, tunnels, and greenhouses. They lessen the impact of hail and give shade to the greenhouse’s inner sections. Throughout the agricultural films market forecast period, it is projected that the expansion of the agriculture sector would increase demand for agricultural films. Raw ingredients used to make plastics for the manufacturing of agricultural films include polyethylene, ethyl vinyl acetate, and ethyl butyl acrylate.
According to SPER Market Research, ‘Africa Agricultural Films Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Africa Agricultural Films Market is estimated to reach USD XX million by 2033 with a CAGR of XX%.
Drivers:
Growing industrialization and urbanization, there is a growing demand for food production. Crop nutrient preservation is most effectively achieved with agriculture films. It guarantees that the plant grows more quickly by giving the roots the right amounts of water and nutrients at the right periods. Using agriculture films, farmers can save money on crop protection chemicals, fertilizers, water, and energy while increasing yields. Compared to other irrigation systems, agriculture films offer a higher return on investment and let farmers manage their crops more effectively. Agriculture films shield crops from dangerous external objects and insects, ensuring ideal growth circumstances and assisting in the creation of the largest harvests possible. Enabling farmers to produce more in each hectare and water cubic meter. Consequently, the need for agricultural films is increasing to ensure proper crop production
Restraints:
The cost of producing agriculture films, including linear low-density polyethene, low-density polyethylene, high-density polyethylene, reclaim, EVA/EBA, polyamide, polypropylene, and PVC, varies along with the cost of raw materials required in the production of the films. These films can be developed using a variety of techniques. The cost of developing agricultural films is influenced by the prices of the raw materials. Additionally, these variables divide up market shares among important suppliers, resulting in a loss for the provider and lowering the standard of product development. Consequently, the market expansion of agricultural films is impacted by the shifting cost of raw materials. Agriculture films have a harmful impact on the environment since farmers improperly dispose of them.
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Impact of COVID-19 on Africa Agricultural Films Market
The COVID-19 epidemic had a significant influence on Africa’s agricultural films market, interrupting supply networks and resulting in shortages of crucial supplies. Lockdowns and travel restrictions hampered production and shipment, causing delays and rising prices for farmers who relied on these films for crop protection and productivity. Furthermore, many agricultural companies experienced manpower shortages, reducing their ability to employ productive farming practices. However, the pandemic highlighted the vital need for resilient agricultural techniques, which sparked interest in long-term alternatives such as high-quality agricultural films. As the industry responds to these problems, there is a renewed emphasis on innovation and investment, laying the path for possible growth in the post-pandemic environment.
Africa Agricultural Films Market Key Players:
Africa agricultural films market is dominated by the Algeria due to its significant investments in agricultural technology and infrastructure. Major players in the market are Alintissar Group, BASF SE, Berry Global Group, Inc., Exxon Mobil Corporation, and Gundle Plastics Group.
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Africa Agricultural Films Market Growth
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