Biodegradable Mulch Films Market worth $129.17 million by 2030, growing at a CAGR of 8.45% - Exclusive Report by 360iResearch

The "Biodegradable Mulch Films Market by Raw Material (Aliphatic-Aromatic Copolyesters, Starch Blended With Polyhydroxyalkanoate, Starch Blended with Polylactic Acid), Crop Type (Flowers & Ornamental Plants, Fruits & Vegetables, Grains & Oilseeds), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Biodegradable Mulch Films Market to grow from USD 73.19 million in 2023 to USD 129.17 million by 2030, at a CAGR of 8.45%.

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Biodegradable mulch film is a thin sheet of biodegradable material, usually made from plant starch and often enhanced with eco-friendly additives, used to cover the soil surface around crops. Biodegradable mulch films find applications in various farming activities, from enhancing crop yield to reducing pesticide use. The demand for biodegradable mulch films is rising with sustainable farming practices gaining traction owing to the end-users such as horticulturists, landscapers, and eco-conscious gardeners largely utilizing these films in agricultural operations. The biodegradable mulch films market has been expanding rapidly due to rising environmental concerns affecting the crop quality and the need for effective solutions such as biodegradable mulch films for the production of high-quality crops. Governmental support for eco-friendly farming practices, trending organic farming, and potential bans on plastic mulches offer significant growth for the biodegradable mulch films market. However, higher costs compared to conventional plastic films, lack of product awareness, and product durability and effectiveness issues pose market challenges. Innovation and research can help overcome these challenges, focusing on developing cost-effective, superior-quality biodegradable mulch films. Ongoing research on new biodegradable material varieties, enhanced product durability, improved decomposition rates, and nutrient-enriching films during decomposition are further creating future growth prospects for the biodegradable mulch films market.

In the Americas, advanced agricultural practices and increased emphasis on sustainable farming have driven the market for biodegradable mulch films. Growing acceptance of these films from both commercial farmers and small-scale gardeners for their utility in soil temperature regulation, weed control, and moisture conservation is further expanding the growth of the region's market. The United States, being a major component of this region, shows major growth associated with strong governmental policies backing eco-friendly alternatives to traditional plastic mulches. For the EMEA region, the European countries, especially Germany, Italy, France, and the UK are showing keen interest in adopting sustainable agricultural technologies, including biodegradable mulch films. The changes in regulatory framework favoring bio-based products coupled with increasing awareness about the environmental impact of non-biodegradable mulch films are driving market expansion in the region. Middle Eastern and African countries have an emerging biodegradable mulch film market and are exhibiting potential growth opportunities influenced by the rise in advanced farming practices. The APAC region is expected to experience a rapid growth rate in the biodegradable mulch films market, attributed to countries including China and India, with their high dependence on agriculture and growing population. The surge in urbanization and industrialization has led to the enhanced adoption of technology and products that improve crop yield quality and quantity in these regions. In addition, government initiatives promoting sustainable farming are further augmenting the market growth in this region.

Market Segmentation & Coverage:

This research report categorizes the Biodegradable Mulch Films Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Raw Material, market is studied across Aliphatic-Aromatic Copolyesters, Starch Blended With Polyhydroxyalkanoate, Starch Blended with Polylactic Acid, and Thermoplastic Starch. The Starch Blended with Polylactic Acid commanded largest market share of 31.42% in 2023, followed by Aliphatic-Aromatic Copolyesters.

Based on Crop Type, market is studied across Flowers & Ornamental Plants, Fruits & Vegetables, and Grains & Oilseeds. The Fruits & Vegetables commanded largest market share of 47.01% in 2023, followed by Grains & Oilseeds.

Based on Application, market is studied across Agroforestry, Floriculture, Fruit & Vegetable Cultivation, Landscaping, Nurseries & Greenhouses, and Research & Development. The Fruit & Vegetable Cultivation commanded largest market share of 26.30% in 2023, followed by Nurseries & Greenhouses.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.52% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Biodegradable Mulch Films Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Biodegradable Mulch Films Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Biodegradable Mulch Films Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Agriplast Tech India Private Limited, Ampacet Corporation, Armando Alvarez Group, BASF SE, Berry Global Inc., BioFlexx Polymers Inc., Chennai Polypack Private Limited, Coverfields, FilmOrganic, FKuR Kunststoff GmbH, Fortune Multipack, Ginegar Plastic Products Ltd., Groupe Barbier, Growit India Private Limited, Hengli Group Co., Ltd., Imaflex Inc., Intergro, Inc., Iris Polymers Industries Pvt. Ltd., LG Chem Ltd., Mitsubishi Chemical Corporation, Mondi plc, Novamont S.p.A. by Versalis S.p.A., Plastika Kritis S.A., Polythene UK Ltd., Radical Plastics, Inc., Saudi Basic Industries Corporation, SUKI CREATIONS PVT. LTD., The Dow Chemical Company, Tilak Polypack Private Limited, Toray Industries, Inc., Unikpolypack, Vedant Speciality Packaging, WeedGuard Mulches, and Xiamen Changsu Industrial Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Biodegradable Mulch Films Market, by Raw Material
7. Biodegradable Mulch Films Market, by Crop Type
8. Biodegradable Mulch Films Market, by Application
9. Americas Biodegradable Mulch Films Market
10. Asia-Pacific Biodegradable Mulch Films Market
11. Europe, Middle East & Africa Biodegradable Mulch Films Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Biodegradable Mulch Films Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Biodegradable Mulch Films Market?
3. What is the competitive strategic window for opportunities in the Biodegradable Mulch Films Market?
4. What are the technology trends and regulatory frameworks in the Biodegradable Mulch Films Market?
5. What is the market share of the leading vendors in the Biodegradable Mulch Films Market?
6. What modes and strategic moves are considered suitable for entering the Biodegradable Mulch Films Market?

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