The global market for Biodegradable Mulch Films is estimated at US$67.7 Million in 2023 and is projected to reach US$113.9 Million by 2030, growing at a CAGR of 7.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the biodegradable mulch film market is driven by several factors, including regulatory pressures to reduce plastic waste, technological advancements in biodegradable materials, and changing farmer preferences. Governments around the world are implementing stricter waste management regulations that discourage the use of non-degradable plastic films, thereby boosting demand for biodegradable alternatives. Technological innovations that improve the performance and cost-effectiveness of biodegradable films are also pivotal, as they help overcome barriers to adoption by ensuring that these eco-friendly alternatives do not compromise on quality or efficiency. Moreover, there is a growing trend among farmers towards sustainable agriculture practices, driven by both environmental consciousness and consumer demand for organically grown products. This shift in consumer behavior is significantly influencing farm practices, pushing more farmers to adopt biodegradable mulch films. Lastly, increased funding and support for sustainable agricultural technologies by governments and international organizations further stimulate the market, aligning with global efforts to promote environmental sustainability in agriculture.
The growth in the biodegradable mulch film market is driven by several factors, including regulatory pressures to reduce plastic waste, technological advancements in biodegradable materials, and changing farmer preferences. Governments around the world are implementing stricter waste management regulations that discourage the use of non-degradable plastic films, thereby boosting demand for biodegradable alternatives. Technological innovations that improve the performance and cost-effectiveness of biodegradable films are also pivotal, as they help overcome barriers to adoption by ensuring that these eco-friendly alternatives do not compromise on quality or efficiency. Moreover, there is a growing trend among farmers towards sustainable agriculture practices, driven by both environmental consciousness and consumer demand for organically grown products. This shift in consumer behavior is significantly influencing farm practices, pushing more farmers to adopt biodegradable mulch films. Lastly, increased funding and support for sustainable agricultural technologies by governments and international organizations further stimulate the market, aligning with global efforts to promote environmental sustainability in agriculture.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Starch-based Biodegradable Mulch Films segment, which is expected to reach US$44.1 Million by 2030 with a CAGR of a 8.5%. The Starch Blended With PLA-based Biodegradable Mulch Films segment is also set to grow at 6.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $9.0 Million in 2023, and China, forecasted to grow at an impressive 8.1% CAGR to reach $19.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Biodegradable Mulch Films Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Biodegradable Mulch Films Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Biodegradable Mulch Films Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BASF SE, Groupe Barbier, Plastika Kritis SA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 40 Featured):
- BASF SE
- Groupe Barbier
- Plastika Kritis SA
- Novamont SpA
- RKW SE
- Ab Rani Plast Oy
- Essen Multipack Ltd.
- Ginegar Plastic Products Ltd.
- Berry Global, Inc.
- Kingfa Sci. & Tech. Co., Ltd.
- Biobag International AS
- Organix Solutions
- Samco Agricultural Manufacturing Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- BASF SE
- Groupe Barbier
- Plastika Kritis SA
- Novamont SpA
- RKW SE
- Ab Rani Plast Oy
- Essen Multipack Ltd.
- Ginegar Plastic Products Ltd.
- Berry Global, Inc.
- Kingfa Sci. & Tech. Co., Ltd.
- Biobag International AS
- Organix Solutions
- Samco Agricultural Manufacturing Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 235 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 67.7 Million |
| Forecasted Market Value ( USD | $ 113.9 Million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
