Global Biodegradable Mulch Films Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Eco friendly mulch films made from substances such as starch or polylactic acid offer a range of advantages like lowering pesticide usage and enhancing soil quality while boosting crop yields notably in fruit and vegetable farming as well, as flower cultivation showcasing their crucial importance in the field of agriculture.
Market Key Insights
- The Biodegradable Mulch Films market is projected to grow from $853.8 million in 2024 to $2.72 billion in 2034. This represents a CAGR of 12.3%, reflecting rising demand across Agriculture & Horticulture Sector, Landscaping & Construction Sector and Food Industry.
- BASF SE, Kingfa Sci. & Tech., BioBag International AS are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Biodegradable Mulch Films market and are expected to observe the growth CAGR of 11.1% to 14.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.6% to 12.9%.
- Transition like Shifting Farming Practices is expected to add $246.8 million to the Biodegradable Mulch Films market growth by 2030
- The Biodegradable Mulch Films market is set to add $1.9 billion between 2024 and 2034, with manufacturer targeting Horticulture & Landscaping Applications projected to gain a larger market share.
- With Rising environmental concerns, and Growing demand for high-quality crops, Biodegradable Mulch Films market to expand 219% between 2024 and 2034.
Opportunities in the Biodegradable Mulch Films
Biodegradable mulch films are becoming increasingly popular in developing countries as agricultural methods progress swiftly. The growing awareness of farming practices and government support for eco friendly products are expected to drive demand, in these areas in the near future.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
Asia-Pacific Outlook
Market Dynamics and Supply Chain
Driver: Rising Environmental Concerns, and Increasing Government Initiatives
The increasing need for top notch crops is also pushing farmers to embrace eco mulch films in agriculture fields. These films play a role in managing the soil environment by improving temperature levels as well as moisture and nutrient distribution which ultimately impact the yield and quality of crops. With farmers striving to optimize their harvests and produce high quality crops the popularity of mulch films, on farmland is also projected to rise significantly.
Restraint: High Production Costs
Opportunity: Pioneering Technological Innovations and Advancing Sustainable Agriculture
Biodegradable mulch films play a role in fostering sustainable agriculture practices and are poised to thrive as the preference for organic farming rises steadily in the market scene. They contribute to enhancing soil fertility while also minimizing reliance, on fertilizers and controlling weed proliferation—attributes that make them well suited for organic farming endeavors.
Challenge: Limited Technology and Infrastructure
Supply Chain Landscape
BASF SE
Meredian Inc
Kingfa Sci & Tech Co Ltd
Novamont SpA
BioBag International AS
RKW Group
Agriculture
Horticulture
BASF SE
Meredian Inc
Kingfa Sci & Tech Co Ltd
Novamont SpA
BioBag International AS
RKW Group
Agriculture
Horticulture
Applications of Biodegradable Mulch Films in Agriculture & Horticulture Sector, Landscaping & Construction Sector & Food Industry
The utilization of biodegradable mulch films in the diverse field of agriculture and horticulture has become more prominent in recent years. The films are mainly used to suppress weed growth, regulate soil temperature, and foster optimal plant growth. Typically, the biodegradable mulch films used in this sector are those made from polylactic acid or starch blends, due to their excellent biodegradability and eco-friendly properties. Key players in this application include Sphere France SA and BASF SE which are known for their innovative products and strong market position.
The food industry utilizes biodegradable mulch films to prolong the shelf life of various fruits and vegetables, reducing food wastage and maintaining their freshness. These films are often made from bio-based polymers like Polybutylene adipate terephthalate which is lauded for its flexibility and strength, combined with responsible disposal properties. Major food industry participants such as BioBag International AS, and Kingfa Sci. & Tech. Co., Ltd. leverage these films to maintain their competitive edge.
Application of biodegradable mulch films in the landscaping and construction sector has gained traction. These films, usually composed of starch or cellulose compounds, assist in soil erosion control, weed management, and site restoration activities.
Recent Developments
Leading biodegradable mulch films manufacturer, GrowOrganix, announced the successful completion of their newest production facility, significantly boosting their production capacity
SustainAgri, a major provider in the market, launched a new product line of biodegradable mulch films targeting high-value crops, enhancing sustainable agriculture
EcoFarming Inc, a prominent player in this market, introduced a revolutionary compostable mulch film, further elevating the standards of eco-friendly farming practices.