Market Dynamics
South Africa is one of the leading nations on the African continent contributing significantly to the global greenhouse film market. In 2018, Greenhouse Film Market: South Africa Outlook 2018-2032 report, the demand for South Africa's greenhouse films was estimated at 25 971 metric tonnes and the market size was estimated at USD 53.2 million.The report also highlights the key drivers propelling the growth of the South African market, such as an increase in the popularity of greenhouse technology, the growing population, and the increasing preference for locally grown fruits. The recent years have witnessed an incredible surge in the awareness and implementation of greenhouse technology in the country and this is largely attributed to the influence of European countries like the Netherlands, Belgium, and France, who are more advanced when it comes to greenhouse farming technology and practices.The South African government has also played an essential role in promoting the uptake of greenhouse technology in the country, and they remain steadfast in their support for the growth and expansion of greenhouse film usage.
To this end, the government provides incentives such as tax credits, import exemptions, and subsidies to those who adopt the technology.The lucrative opportunities offered by the South African market for greenhouse film are expected to further drive the adoption of this technology in the coming years. In particular, the development of hydroponic systems and hydroponic greenhouses, as well as the utilization of energy-efficient films, are forecast to contribute to the market growth.Looking ahead, ongoing technological advances, coupled with the potential cost-saving benefits associated with the greenhouse film market, further reinforces its success and growth in the long-term future. As such, South Africa's greenhouse film market outlook for 2018“2032 is positive and is expected to sustain its current trajectory of growth.
