PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485879
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485879
Biodegradable Mulch Film Market size was valued at USD 47,545.56 Million in 2023, expanding at a CAGR of 7.9% from 2024 to 2032.
The Biodegradable Mulch Film Market, defined as a segment focusing on environmentally friendly mulch films that decompose naturally without harming the soil, is driven by increasing environmental awareness, stringent government regulations on plastic use, and rising demand for sustainable agricultural practices. However, market growth is restrained by higher costs compared to conventional plastic mulch films and limited awareness among farmers in developing regions. Opportunities lie in technological advancements, expanding organic farming practices, and government incentives promoting eco-friendly agricultural inputs.
Biodegradable Mulch Film Market- Market Dynamics
Government Regulations and Rising Environmental Awareness Propel the Biodegradable Mulch Film Market
Government regulations and rising environmental awareness are significantly propelling the Biodegradable Mulch Film Market. For instance, the European Union Single Use Plastics Directive has set targets for reducing plastic waste, including incorporating 25% recycled plastic in PET bottles by 2025 and 30% in all plastic bottles by 2030. The EU also adopted a policy framework in 2018 for biobased, biodegradable, and compostable plastics to improve understanding of these materials and their environmental benefits. Furthermore, in the United States, the USDA has been actively promoting sustainable farming practices, with initiatives such as the National Organic Program encouraging the use of eco-friendly materials. Additionally, China's recent ban on single-use plastics has driven local farmers to switch to biodegradable mulch films. These regulatory measures, coupled with growing consumer preference for sustainable products, are key drivers in the market's expansion.
Biodegradable Mulch Film Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 7.9% over the forecast period (2024-2032)
Based on Material Type segmentation, Starch-based mulch films were predicted to show maximum market share in the year 2023
Based on Crop Type segmentation, Fruits & Vegetables was the leading type in 2023
Based on Thickness segmentation, 30-50 microns was the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
The Global Biodegradable Mulch Film Market is segmented based on Material Type, Crop Type, Thickness, Application, and Region.
The market is divided into three categories based on Material Type: Starch-based Mulch Films, Polylactic Acid (PLA) Mulch Films, and Polyhydroxyalkanoates (PHA) Mulch Films. Starch-based mulch films dominate the market due to their cost-effectiveness and wide availability. Polylactic Acid (PLA) mulch films follow, driven by their strong biodegradability and mechanical properties. Polyhydroxyalkanoates (PHA) mulch films, though more niche, are gaining traction for their superior environmental benefits.
The market is divided into three categories based on Crop Type: Fruits & Vegetables, Grains & Cereals, and Flowers & Plants. Fruits and vegetables lead the biodegradable mulch film market, driven by high-value crops needing effective moisture retention and weed control. Grains and cereals follow, with the growing adoption of sustainable farming. The flowers and plants segment is emerging, particularly in horticulture and landscaping.
Biodegradable Mulch Film Market- Geographical Insights
In North America, the market is bolstered by strong governmental support for sustainable agriculture and high adoption rates of organic farming, particularly in the United States and Canada. Europe leads the market with stringent environmental regulations and policies like the EU Plastics Strategy, driving significant demand for biodegradable alternatives in countries such as Germany, France, and Italy. The Asia-Pacific region is experiencing rapid growth due to increasing agricultural activities and government initiatives in countries like China, India, and Japan, aimed at reducing plastic pollution. In Latin America, the market is gradually expanding, supported by growing awareness of sustainable farming practices in Brazil and Argentina. Meanwhile, the Middle East and Africa show promising potential as they increasingly adopt eco-friendly agricultural technologies to enhance crop yield and sustainability.
Major companies such as BASF SE, Novamont S.p.A., and BioBag International are at the forefront, leveraging advanced technologies to develop high-quality biodegradable mulch films. BASF SE, with its Ecovio(R) product line, offers films made from renewable raw materials, enhancing its market presence through sustainable solutions. Novamont S.p.A. is renowned for its Mater-Bi(R) mulch films, which are widely used due to their excellent biodegradability and performance. BioBag International focuses on producing compostable and biodegradable films, catering to a diverse range of agricultural needs. Other notable players include AEP Industries Inc., RKW Group, and Kingfa Sci & Tech Co., Ltd., who are investing in research and development to improve product efficacy and meet regulatory standards. Collaborations, mergers, and acquisitions are common strategies employed by these companies to expand their market footprint and enhance their competitive edge.
In October 2023, Mondi and Cotesi launched Advantage Kraft Mulch, a sustainable alternative to traditional plastic mulch films used in agriculture. This innovative product is made entirely from 100% kraft paper sourced responsibly from wood, with no plastic or coating involved.
In August 2019, BASF launched Ecovio M 2351, a certified soil-biodegradable plastic mulch film made from PBAT and other biodegradable polymers. Ecovio M 2351 is made from ecovio, a certified compostable polymer that is more resistant to moisture and mechanical stress than starch-based bioplastics
GLOBAL BIODEGRADABLE MULCH FILM MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
BASF SE
AEP Industries Inc. (Berry Global Inc.)
Agriplast Tech India Pvt. Ltd.
Al-Pack Enterprises Ltd.
Armando Alvarez Group
BioBag International AS
Biome Bioplastics Limited
British Polythene Industries PLC (RPC Group)
Cardia Bioplastics Limited
FKuR Kunststoff GmbH
Kingfa Sci. & Tech. Co., Ltd.
Novamont S.p.A.
Organix Solutions
Plastiroll Oy Ltd.
RKW Group
Tianjin GreenBio Materials Co., Ltd.
Others