Global Mulch Films market is anticipated to witness impressive growth during the forecast period. Enhanced use of solar energy to control crop pests along with growing government pests further drive the growth of the market during the forecasted period. Also, the growing adverse effect of inorganic mulching films is expected to create significant growth during the forecasted period. Additionally, the growing expansion of greenhouse projects will further drive the growth of the market over the years. Also, growing demand for higher crop yield and decreasing agricultural fields are anticipated to boost the growth of the market over the years. Similarly, growing awareness about using advanced mulch films and technological advancements in making mulch films will propel the market growth over the years. Also, effective water uses in crop production will further enhance the demand for the mulch films market during the forecasted period.
Growing Demand for Sustainable Biopolymer Mulch Films
According to the Associazione Nazionale Industriali Conserve Alimentari Vegetali, the export value of tomato products in Italy from the first half-year of 2018 to the first half-year of 2019 increased from USD 828.94 million to USD 901.35 million.
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Growing demand for Agricultural Crops
The demand for better agricultural crops drive the growth of the mulch films market during the forecasted period. According to the United Nations Department of Economic and Social Affairs, for a 10% of rise in global population total crop consumption and production is increased by almost 10% and for a 10% rise in global per capita income, consumption and production of major crops is expected to increase by about 3%. The different benefits offered by biodegradable mulch films including maintenance of soil temperature, accelerating germination and cultivation processes, reducing, or eliminating the use of pesticides or herbicides, and ensuring the long-term sustainability of soil are enhancing the adoption of biodegradable mulch films. Further, it can help in reducing water consumption, ensuring that nutrients and fertilizers remain close to crops or plants, and preventing fruits and vegetables to get directly into contact with soil.
Growing Awareness
Mulch films are rapidly being used in agriculture and horticulture field for modifying the soil temperature, minimizing weed growth, and improving crop yield which will further increase their demand in the coming years. So, growing awareness about mulch films among consumers There is an increasing awareness about mulch films among consumers will drive the growth of the market.
Mulch Films market can be segmented by product type, application, element, and by region. Based on Type, the market can be segmented into
Market Players
BASF SE., Berry Plastics Group Inc., The DOW Chemical Company., RKW Group., AEP Industries Inc., Armando Alvarez., Al-Pack Enterprises Ltd., Novamont., Ab Rani Plast Oy., British Polythene Industries PLC.
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Attribute
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Details
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Base
Year
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2022
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Historic
Data
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2018 –
2021
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Estimated
Year
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2023
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Forecast
Period
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2024
– 2028
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Quantitative
Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2028
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Report
Coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments
Covered
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By Type
By Application
By Element
By Region
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Regional
scope
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North
America; Europe; Asia Pacific; South America; Middle East & Africa
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Country
scope
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United States; Canada; Mexico; France; Germany; United
Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina;
Colombia; South Africa; Saudi Arabia; UAE
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Key
companies profiled
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BASF
SE., Berry Plastics Group Inc., The DOW Chemical Company., RKW Group., AEP
Industries Inc., Armando Alvarez., Al-Pack Enterprises Ltd., Novamont., Ab
Rani Plast Oy., British Polythene Industries PLC.
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Customization
scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing
and purchase options
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Avail
customized purchase options to meet your exact research needs. Explore purchase options
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Delivery
Format
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PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
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