Home > Agriculture > Seed & Soil > Soil Management > Mulch Films Market

Mulch Films Market Size

  • Report ID: GMI10473
  • Published Date: Jul 2024
  • Report Format: PDF

Mulch Films Market Size

Mulch Films Market size achieved USD 4.3 billion in 2023 and will grow at 6.3% CAGR from 2024 to 2032. The global market is growing quickly due to the rising demand for sustainable farming and the need to increase crop yields. Farmers around the world are using mulch films to make better use of resources and improve soil health. These films help keep soil moist, reduce weed growth, and control soil temperature, which leads to better crop quality and quantity.

 

New technologies in mulch film production are also boosting the market. Manufacturers are creating biodegradable materials that are good for the environment and still work well. This move towards eco-friendly options is opening new market opportunities and attracting environmentally conscious consumers, driving market growth.
 

Government support is also helping the adoption of mulch films. For example, on March 2023, the United States Department of Agriculture (USDA) announced USD 25 million in funding through its Conservation Innovation Grants program. This money supports projects that develop and use climate-smart farming practices, including sustainable mulching techniques. Such government backing not only raises awareness about the benefits of mulch films but also provides financial incentives for farmers to use these technologies, driving market growth in the coming years.
 

The global mulch film market faces significant challenges due to environmental concerns over plastic waste and stringent agricultural regulations. As awareness of the long-term impact of non-biodegradable plastics increases, the pressure to reduce plastic pollution in agriculture intensifies. Many regions are now enforcing strict regulations to limit or ban non-biodegradable or hard-to-recycle plastic mulch films. These regulations aim to mitigate soil contamination, reduce microplastic pollution, and protect ecosystems. Consequently, manufacturers in the mulch film industry are under pressure to innovate and develop environmentally friendly alternatives, such as biodegradable or compostable films. However, this transition presents challenges related to cost, performance, and widespread adoption, potentially slowing market growth in certain areas.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global industry size for mulch films was valued at USD 4.3 billion in 2023 and is anticipated to register 6.3% CAGR between 2024 and 2032 due to the rising demand for sustainable farming and the need to increase crop yields.

The black type segment in the mulch films market is expected to witness 6.5% CAGR through 2032, driven by its effectiveness in weed suppression, soil warming, and moisture conservation.

Asia Pacific market is predicted to record 6.3% CAGR through 2032 due to the region's advancing agricultural landscape, and population pressures necessitating higher crop yields.

BASF SE, The Dow Chemical Company, Berry Global Inc., FKuR Kunststoff GmbH, Novamont S.p.A., RKW Group, Armando Alvarez Group, British Polythene Industries Plc, Al-Pack Enterprises Ltd., and Plastibends.

Mulch Films Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample