Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.63 Billion | USD 12.93 Billion | 10.8% | 2024 |
The global Mulch Films Market was worth around USD 4.63 Billion in 2024 and is estimated to grow to about USD 12.93 Billion by 2034, with a compound annual growth rate (CAGR) of roughly 10.8% between 2025 and 2034.The report analyzes the Mulch Films Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the mulch market.
Mulch films are increasingly used to modify soil temperature, minimize weed growth, and improve crop yield expanding population and the subsequent increase in food demand is driving sustained growth in the global agriculture industry. Mulch films are organic mulching materials derived from plants and animals, offering benefits such as weed control, maintenance of soil structure, and prevention of crops from soil contamination. Rising demand in greenhouse application coupled with rising environmental concerns about synthetic counterparts and rising population coupled with a shrinking agricultural land due to rapid urbanization and industrialization are the major factors propelling the growth of mulch films market.
The global mulch films market is anticipated to register fastest growth over the forecast period due to increasing crop productivity demand, rise in population and the increase in the per capita income of consumers are some of the factors driving the growth of the market during the forecast period. Furthermore, market players are responding to these new opportunities of increasing crop output by expanding their global presence and product lines. New farming methods and increase in awareness regarding mulch films is also driving the growth of the market over the upcoming years.
Increasing advancement in farming techniques coupled with growing awareness on crop wastage reduction is expected to have a positive influence on mulch films market. However, cost of installation of these films is relatively high which is considered as a restraining factor accountable to hamper growth of mulch films market. On the other hand, high concern towards environment and its surroundings, use of biodegradable mulch films in is projected to rise which is further anticipated to propel growth of mulch films market with more growth opportunities in the forthcoming period.
Increase in Government Initiatives
Government initiatives are increasing the demand of agricultural crops which acts as a driver for the mulch films market during the forecast period. Due to heavy pressure of population and increasing demand for food at a fast rate owing to which the governments are spending heavily on initiatives and investments in the field of agriculture.
High cost of installation is hampering the market growth
High films disposal cost coupled with adverse chemical effect-based mulch films is expected to hamper the growth of mulch films market. Due to its high cost the low- and middle-income farmers are unable to purchase it which in turn is expected to restrain its market growth over the forecast period. The COVID-19 pandemic is expected to create a further rise in the price of Mulch Films owing to temporary shutdown of production facilities, labor movement, transport and roadblocks and eventually causing a disrupt in the supply chain of mulch films thereby increasing its price and restraining its market growth.
High service & treatment charges in mulches to hamper the market growth
The charges connected with mulches are challenging the growth of mulch films market during the forecast period. This is mostly due to high operational costs and service charges. Technology is always improving, which has an impact on the cost because they must keep up with the latest equipment and technologies to maintain a competitive advantage.
The global mulch films market is segregated based on type, applications, element, and region.
By type, market is segmented into clear/transparent, black, colored, degradable, and others. Clear/transparent mulch is projected to grow at the highest CAGR during the forecast period due to their ability to block sun's infrared radiations. The films play a vital role in maintaining soil warmth, reducing growth of weeds, and conserving water, thereby leading to easy harvesting and increased crop yield.
By applications market is divided into horticulture and agriculture. Agriculture segment dominated the mulch films market and is growing at a highest CAGR during forecast period. Owing to large population and income increases, expanding urbanization, and dietary changes, food demand is expected to witness lucrative growth over the upcoming years.
By element, is segmented into LLDPE, LDPE, HDPE, EVA, PLA PHA, and others. LLDPE accounted for the largest share of the mulch films market. The EVA segment is projected to grow with the highest CAGR from during the forecast period due to high flexibility and strong weatherability which has led to the growth in demand for EVA. The rise in demand for plastic mulch films will lead to the growth of mulch films in the coming years.
Report Attributes | Report Details |
---|---|
Report Name | Mulch Films Market |
Market Size in 2024 | USD 4.63 Billion |
Market Forecast in 2034 | USD 12.93 Billion |
Growth Rate | CAGR of 10.8% |
Number of Pages | 180 |
Key Companies Covered | Dow Chemical Company FKuR Kunst Stoff GmbH, Novamont, S.p. ABerry Global Inc, AEP Industries Inc, Trioplast Industrier AB, Tilak Polypack Pvt. Ltd, Ab Rani Plast Oy, RKW Agri Gmbh & Co, Industrial Development Company Sal (Indevco), Armando Alvarez Group, , and others. |
Segments Covered | By Type, By Element, By Applications, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific dominates mulch films market due to rising rapid industrialization and urbanization, rise in demand for food products., iincreasing government awareness programs meant to encourage the adoption of advanced farming techniques are the major factors for the growth of the mulch market over the upcoming years.
North America is expected to be the fastest growing market within the forecast period due to growing adoption of advanced technology in agricultural along with the availability of cultivable lands and new horticultural technology implementation to enhance crop yield is projected to fuel the growth of the mulch market during the forecast period.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the mulch films market on a global and regional basis.
Some of the main competitors dominating the global mulch market include:
By type
By Applications
By Element
By Region
FrequentlyAsked Questions
The growing worldwide population is expected to fuel demand for mulch films during the forecast period. Increasing advancement in farming techniques coupled with growing awareness on crop wastage reduction is expected to have a positive influence on mulch films market.
The global mulch films market is expected to grow due to growing adoption in agriculture for soil moisture conservation, rising demand for biodegradable mulch films, and increasing government support for sustainable farming practices fuel expansion.
According to a study, the global mulch films market size was worth around USD 4.63 Billion in 2024 and is expected to reach USD 12.93 Billion by 2034.
The global mulch films market is expected to grow at a CAGR of 10.8% during the forecast period.
Asia-Pacific is expected to dominate the mulch films market over the forecast period.
Leading players in the global mulch films market include Dow Chemical Company FKuR Kunst Stoff GmbH, Novamont, S.p. ABerry Global Inc, AEP Industries Inc, Trioplast Industrier AB, Tilak Polypack Pvt. Ltd, Ab Rani Plast Oy, RKW Agri Gmbh & Co, Industrial Development Company Sal (Indevco), Armando Alvarez Group, , among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed