Biodegradable Mulch Films Global Market Report 2024

The biodegradable mulch films market size has grown strongly in recent years. It will grow from $44.09 billion in 2023 to $47.87 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The expansion observed in the historical period can be attributed to several factors. These include growing consumer demand for organic and sustainably grown produce, the increase in global population leading to higher food demand, the rising adoption of bio-based products, the high demand for starch as a key component in biodegradable materials, and the necessity for high crop yield.

The biodegradable mulch films market size is expected to see strong growth in the next few years. It will grow to $66.84 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The anticipated growth in the forecast period can be attributed to several factors. These include increasing environmental awareness and concerns regarding plastic pollution, the expansion of organic farming practices, the adoption of sustainability initiatives, the ongoing necessity to enhance crop yields and agricultural productivity, and future economic incentives and subsidies for sustainable farming practices. Major trends expected in the forecast period encompass advancements in manufacturing processes aimed at reducing the cost of producing biodegradable mulch films, the development of new and improved biodegradable polymers, increased utilization of bio-based materials, the integration of smart technologies, and the development of biodegradable films reinforced with natural fibers.

The surge in demand for organic food crops is poised to drive the expansion of the biodegradable mulch film market. Organic food crops are cultivated without synthetic pesticides, fertilizers, or genetically modified organisms, emphasizing natural processes and sustainable farming techniques. This uptick in organic food production stems from consumers' growing preference for healthier, pesticide-free food choices and an increased awareness of environmental sustainability practices. Biodegradable mulch films offer an environmentally conscious alternative that complements organic farming principles by improving soil health, reducing weed growth, and minimizing ecological impact. For instance, a survey by the Organic Trade Association (OTA) in June 2022 revealed that organic food sales, constituting over 90% of total organic product sales, experienced a 2% growth, reaching $57.5 billion. Notably, organic fruits and vegetables accounted for 15% of the market, generating revenue exceeding $21 billion in 2021, a 4.5% increase from the previous year. Thus, the rising demand for organic food crops is propelling the biodegradable mulch film market's growth.

Key players in the biodegradable mulch film sector are innovating sustainable alternatives, such as compostable kraft paper mulch, to expand their product offerings and enhance brand visibility. Compostable kraft paper mulch is an environmentally friendly mulching material crafted from kraft paper that naturally decomposes, fostering soil health and supporting sustainability initiatives. For example, Mondi Plc collaborated with Cotesi S.A. in October 2023 to introduce Advantage Kraft Mulch, a sustainable alternative to traditional plastic mulch films used in agriculture. Crafted entirely from responsibly sourced 100% kraft paper, this innovative product offers farmers an eco-friendly solution for crop protection against birds, weeds, soil erosion, sunlight, and rainfall. With certification for industrial compostability (DIN EN 13432), it delivers comparable crop protection to plastic mulch films while promoting environmental stewardship.

In January 2021, Novamont S.p.A. bolstered its portfolio by acquiring BioBag International AS, enhancing its expertise in providing eco-friendly alternatives to conventional plastics. This strategic move aligns with Novamont's commitment to reducing environmental impact and fostering sustainability. BioBag International AS, based in Norway, specializes in manufacturing biodegradable agricultural mulch films.

Major companies operating in the biodegradable mulch films market are BASF SE, Mitsubishi Chemical Corporation, Berry Global Group, Mondi Group, Kuraray Co. Ltd., Napco National, RKW Group, Plastika Kritis S.A., Kingfa Sci & Tech Co. Ltd., Ginegar Plastic Products Ltd., Profol GmbH, Armando Alvarez Group, PolyExpert inc., Dubois Agrinovation, Novamont S.p.A., AL-PACK Enterprises Ltd., Agriplast Tech India Pvt Ltd, Barbier Group, Polythene UK Ltd, FKuR Kunststoff GmbH, BioBag International AS, Organix Solutions, Balson Polyplast Private Limited, FilmOrganic Inc., Coverfields, EcoWhizz SA Ltd., Fujian Greenjoy Biomaterial Co. Ltd., Fortune Multipak.

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.

The countries covered in the biodegradable mulch films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Biodegradable mulch films are agricultural coverings crafted from materials that naturally decompose in the environment. Employed in agriculture to envelop the soil surrounding plants, they aid in weed suppression, moisture retention, and temperature regulation. Simultaneously, they decompose over time, diminishing plastic waste and enhancing soil health.

The primary types of plastics used in biodegradable mulch films include thermoplastic starch (TPS), aliphatic-aromatic copolyesters (AAC), and controlled degradation masterbatches. Thermoplastic starch (TPS), derived from natural starch sources such as corn, potato, and wheat, is widely utilized due to its cost-effectiveness and environmental advantages. Mulch film compositions may encompass starch, starch blended with polylactic acid (PLA), and starch blended with polyhydroxyalkanoate (PHA), serving various end users in horticulture and agriculture.

The biodegradable mulch films market research report is one of a series of new reports that provides biodegradable mulch films market statistics, including biodegradable mulch films industry global market size, regional shares, competitors with an biodegradable mulch films market share, detailed biodegradable mulch films market segments, market trends and opportunities, and any further data you may need to thrive in the biodegradable mulch films industry. This biodegradable mulch films market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The biodegradable mulch films market consists of sales of polyester films, blend films, cellulose-based films. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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