Global Agricultural Mulch Films Market, By Type (Clear/Transparent, Black Mulch, Colored Mulch, Degradable Mulch, Others), Product (Non-Biodegradable Mulch Films, Biodegradable Mulch Films), Material (Polyethylene, Polypropylene, Polyvinyl Chloride, PLA/PHA, PBS, EVA, Other Bio-Based Materials), Technology (Cast, Blown) – Industry Trends and Forecast to 2029
Agricultural Mulch Films Market Analysis and Size
The global agricultural mulch film market has boomed as the world's demand for food has increased, as has the demand for higher yielding and higher-quality crops.
Data Bridge Market Research analyses that the global agricultural mulch film market which was growing at a value of 11.5 billion in 2021 and is expected to reach the value of USD 19.47 billion by 2029, at a CAGR of 6.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Agricultural Mulch Films Market Scope and Segmentation
Report Metric
|
Details
|
Forecast Period
|
2022 to 2029
|
Base Year
|
2021
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
Segments Covered
|
Type (Clear/Transparent, Black Mulch, Colored Mulch, Degradable Mulch, Others), Product (Non-Biodegradable Mulch Films, Biodegradable Mulch Films), Material (Polyethylene, Polypropylene, Polyvinyl Chloride, PLA/PHA, PBS, EVA, Other Bio-Based Materials), Technology (Cast, Blown)
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
Market Players Covered
|
Bayer AG (Germany), H.C. Starck GmbH (Germany), AGC SEIMI CHEMICAL CO., LTD. (Japan), BASF SE (Germany), DuPont (U.S.), Merck & Co., Inc. (U.S.), Evonik Industries AG (Germany), Sumitomo Chemical Co., Ltd. (Japan), Heliatek GmbH (Germany), Novaled GmbH. (Germany), AU Optronics Corp., (Taiwan), Graphic Packaging International, LLC (U.S.), WestRock Company. (U.S.), Smurfit Kappa (Ireland) and Krones AG (Germany), Amcor plc (Switzerland), Graham Packaging Company. (U.S.), Sonoco Products Company (U.S.), Parker Hannifin Corp. (U.S.) and Berry Global Inc. (U.S.)
|
Opportunities
|
|
Market Definition
Mulch films are plastic coatings designed specifically for plants commonly used in the cultivation of food and vegetable crops. They have numerous advantages, such as improving crop quality and controlling soil temperature.
Agricultural Mulch Films Market Dynamics
Drivers
- Growing need for higher crop yields due to growing population
The market is being driven by rising population and rising food demand. Farmers around the world will need to increase productivity on existing agricultural lands through fertiliser and irrigation, as well as adopt new methods such as precision farming and the use of agricultural films.
- Cost effectiveness and various beneficial characteristics associated with mulch films
The global agricultural mulch film market has boomed as the world's demand for food has increased, as has the demand for higher yielding and higher-quality crops. Plastics have superior properties such as durability, lightweight, transmittance, and reflectance of ultraviolet, visible, near-infrared, and middle infrared rays, as well as anti-drip and anti-fog properties. These characteristics are the primary reasons for using plastic agricultural films to improve harvest quality by ensuring that crop fields receive the necessary nutrition and atmosphere. Furthermore, agricultural mulch films facilitate the expansion of controlled agriculture by providing farming materials. Cultivators are expected to use these agricultural mulch films because they are flexible and easy to produce.
Opportunity
Governments in developed regions such discourage the use of plastics. Many regulations are in place to limit the use of plastics. Growing environmental concerns pose a threat to the use of plastics in agricultural films. As a result, demand for biodegradable mulch films is expected to rise in these areas. In the market, recyclable or biodegradable plastics are preferred. The market for biodegradable films is expected to expand during the forecast period because these films reduce disposal costs. Biodegradable films help to conserve resources and reduce pollution. Furthermore, using biodegradable films in agriculture promotes sustainability and decreases soil contamination.
Restraints
The rising cost of product installation, combined with the negative environmental effects of plastic, will most likely stifle the growth of the agricultural mulch films market during the forecast period. The high production cost of biodegradable films will be the most significant challenge to market growth.
This agricultural mulch films market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural mulch films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Agricultural Mulch Films Market
The outbreak of COVID-19 had an impact on the agricultural film market. As a result of the pandemic, governments around the world have declared a state of emergency to prevent the virus from spreading. The lockdown entails various restrictions on international trade, resulting in a scarcity of raw materials in many countries. Furthermore, demand for agricultural films fell as agricultural activity slowed, resulting in negative growth for agricultural films in 2020. However, industrial activity gradually increased, and by the end of Q4 2020, most industries were operating in accordance with government guidelines. The market is expected to grow positively in 2021 and throughout the forecast period.
Recent Development
- Berry Global acquired laddawn, Inc. in August 2018. Laddawn is a blown polyethylene and film manufacturer with an e-commerce platform. With this acquisition, Berry Global Inc. hopes to expand their engineered product segment on web and mobile sales.
- Berry Global Inc. acquired RPC Group Plc in July 2019 with the goal of becoming the global leader in the plastic and recycled plastic industries.
- Berry Global Inc invests in an energy efficiency retrofit programme in 2019 to reduce carbon emissions as part of their impact 2025 sustainability strategy.
- BASF SE will expand its plastic additives business in Pontecchio, Italy, in November 2020. It will provide a broader range of NOR solutions to aid in the growth of its agriculture industry.
Global Agricultural Mulch Films Market Scope
The agricultural mulch films market is segmented on the basis of type, product, material, and technology. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Clear/Transparent
- Black Mulch
- Coloured Mulch
- Degradable Mulch
- Others
Product
- Non-biodegradable mulch films
- Biodegradable mulch films
Material
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- PLA/PHA
- PBS
- EVA
- Other Bio-Based Materials
Technology
- Cast
- Blown
Agricultural Mulch Films Market Regional Analysis/Insights
The agricultural mulch films market is analysed and market size insights and trends are provided by country type, product, material, and technology as referenced above.
The countries covered in the agricultural mulch films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominated the market and is expected owing to increased investments in agricultural activities in the region. Various countries' governments are investing heavily in agricultural initiatives and investments.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agricultural Mulch Films Market Share Analysis
The agricultural mulch films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural mulch films market.
Some of the major players operating in the agricultural mulch films market are:
- Bayer AG (Germany)
- H.C. Starck GmbH (Germany)
- AGC SEIMI CHEMICAL CO., LTD. (Japan)
- BASF SE (Germany)
- DuPont (U.S.)
- Merck & Co., Inc. (U.S.)
- Evonik Industries AG (Germany)
- Sumitomo Chemical Co., Ltd. (Japan)
- Heliatek GmbH (Germany)
- Novaled GmbH. (Germany)
- AU Optronics Corp., (Taiwan)
- Graphic Packaging International, LLC (U.S.)
- WestRock Company. (U.S.)
- Smurfit Kappa (Ireland)
- Krones AG (Germany)
- Amcor plc (Switzerland)
- Graham Packaging Company. (U.S.)
- Sonoco Products Company (U.S.)
- Parker Hannifin Corp. (U.S.)
- Berry Global Inc. (U.S.)
SKU-