Mulches Market
Mulches Market
The market for Mulches was estimated at $10.24 billion in 2024; it is anticipated to increase to $14.3 billion by 2030, with projections indicating growth to around $18.8 billion by 2035.
Global Mulches Market Outlook
Revenue, 2024 (US$B)
$10.2B
Forecast, 2034 (US$B)
$17.8B
CAGR, 2024 - 2034
5.7%
Market Key Insights
- The Mulches market is projected to grow from $10.2 billion in 2024 to $17.8 billion in 2034. This represents a CAGR of 5.7%, reflecting rising demand across Garden Landscaping, Crop Farming and Playground Surfacing.
- Scotts Miracle-Gro, Oldcastle Lawn & Garden, GreenView are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Mulches market and are expected to observe the growth CAGR of 3.7% to 5.5% between 2024 and 2030.
- Emerging markets including Nigeria, Colombia and Vietnam are expected to observe highest growth with CAGR ranging between 6.6% to 7.9%.
- Transition like Transition Towards Eco-Friendly Practices is expected to add $1.1 billion to the Mulches market growth by 2030
- The Mulches market is set to add $7.6 billion between 2024 and 2034, with manufacturer targeting Straw & Compost Material projected to gain a larger market share.
- With Sustainability drive, and Landscaping trends, Mulches market to expand 74% between 2024 and 2034.
Opportunities in the Mulches
The rising popularity of items has led to a higher request for natural mulches derived from organic materials that provide various advantages like improving soil fertility and retaining moisture while also preventing weed growth. Showcasing how environmental awareness intersects, with gardening requirements.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Sustainability Drive, and Advances in Biodegradable Mulches
Restraint: High Initial Investment
Opportunity: Technological Innovations in Mulches Manufacture and Geographical Expansion into Emerging Markets
Challenge: Climate Change and its Effects
Supply Chain Landscape
Raw Material Suppliers
CocoGreen
Fibredust
Production Companies
Scotts Miracle-Gro
Oldcastle
Green Thumb Industries
Wholesale Distributors
Ace Hardware
Home Depot
Lowe's
End Users
Landscaping industry
Gardening industry
Construction industry
Raw Material Suppliers
CocoGreen
Fibredust
Production Companies
Scotts Miracle-Gro
Oldcastle
Green Thumb Industries
Wholesale Distributors
Ace Hardware
Home Depot
Lowe's
End Users
Landscaping industry
Gardening industry
Construction industry