What Is The Scope Of The Global Biodegradable Mulch Films Market?
Biodegradable mulch films refer to agricultural coverings made from materials that decompose naturally in the environment. It is used in agriculture to cover the soil around plants. They help in weed suppression, moisture retention, and temperature regulation while decomposing naturally over time, reducing plastic waste and promoting soil health.
Biodegradable Mulch Films Global Market Report 2024 provides data on the global biodegradable mulch films market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The biodegradable mulch films market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Biodegradable Mulch Films Market Expected To Grow In Size And Annual Rates?
The biodegradable mulch films market has grown significantly, with its size increasing from $44.09 billion in 2023 to $47.87 billion in 2024 at a CAGR of 8.6%. This growth has been driven by rising consumer demand for organic and sustainably grown produce, increasing food demand due to population growth, adoption of bio-based products, high starch demand for biodegradable materials, and the need for improved crop yields. The market is expected to expand further, reaching $66.84 billion by 2028 at a CAGR of 8.7%. Drivers include heightened environmental awareness, organic farming expansion, sustainability initiatives, efforts to boost agricultural productivity, and economic incentives for sustainable farming. Key trends involve advanced manufacturing processes reducing costs, development of improved biodegradable polymers, increased use of bio-based materials, smart technology integration, and biodegradable films with natural fiber reinforcement.
What Main Forces Are Fueling Expansion In The Biodegradable Mulch Films Market?
The increasing demand for organic food crops is anticipated to drive the growth of the biodegradable mulch film market. Organic food crops are cultivated without synthetic pesticides, fertilizers, or GMOs, relying on sustainable farming practices. The rise in organic food production is driven by consumer preference for healthier, pesticide-free options and greater environmental awareness. Biodegradable mulch films align with organic farming principles by improving soil health, controlling weeds, and minimizing environmental harm. For instance, according to the OTA, organic food accounted for over 90% of total organic sales in 2022, reaching $57.5 billion, with organic fruits and vegetables contributing over $21 billion, a 4.5% increase from the prior year. Thus, the growing demand for organic crops is bolstering the biodegradable mulch film market.
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What Are The Primary Segments In The Global Biodegradable Mulch Films Market?
The biodegradable mulch films market covered in this report is segmented –
1) By Biodegradable Plastic: Thermoplastic Starch (TPS), Aliphatic-Aromatic Copolyesters (AAC), Controlled Degradation Masterbatches
2) By Composition: Starch, Starch Blended With Polylactic Acid (PLA), Starch Blended With Polyhydroxyalkanoate (PHA)
3) By End-Use Industry: Horticulture, Agriculture
Which Key Trends Are Driving Changes In The Biodegradable Mulch Films Market?
Prominent companies in the biodegradable mulch film market are introducing sustainable solutions like compostable kraft paper mulch to promote eco-friendly practices. Made from biodegradable kraft paper, this alternative decomposes naturally and benefits soil health. In October 2023, Mondi Plc, a UK-based sustainable packaging and paper company, partnered with Portugal-based Cotesi S.A. to launch Advantage Kraft Mulch, a sustainable replacement for traditional plastic mulch films. Fully sourced from 100% kraft paper, this industrially compostable product provides comparable crop protection while supporting environmental sustainability.
What Is The Leading Region In The Biodegradable Mulch Films Market?
North America was the largest region in the biodegradable mulch films market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable mulch films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
