Biodegradable Mulch Films Market Size, Share & Trends Analysis Report By Raw Material (TPS, PLA, PHA, AAC), By Crop (Fruits & Vegetables, Grains & Oilseed, Flowers & Plants), By Region, And Segment Forecasts, 2023 - 2030

Biodegradable Mulch Films Market Size, Share & Trends Analysis Report By Raw Material (TPS, PLA, PHA, AAC), By Crop (Fruits & Vegetables, Grains & Oilseed, Flowers & Plants), By Region, And Segment Forecasts, 2023 - 2030

Biodegradable Mulch Films Market Growth & Trends

The global biodegradable mulch films market size is expected to reach USD 82.82 billion by 2030, registering a CAGR of 8.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. An increase in the adoption of greenhouse applications and a rise in environmental concerns toward synthetic counterparts are anticipated to drive the market demand over the forecast period.

Growing population along with declining agricultural land attributed to industrialization and urbanization have forced farmers to improve productivity in the existing land holding. Enhanced crop output by restraining weed growth, lowering environmental impact, and maintaining the temperature and moisture level of soil, are the advantages offered by these films, which are anticipated to drive the market demand for biodegradable mulch films.

Government regulations concerning environment-friendly products, in North America and Europe, are expected to impact market growth positively over the foreseeable future. The rise in concerns about plastic mulch leftovers in the soil is anticipated to boost product penetration in the coming years. Biodegradable mulch films offer benefits to plastic compost, and eradicate the requirement for disposal & removal, and alleviate the negative impact on the environment.

Mulch films that are currently available in the market are not entirely bio-based and contain over 10% synthetic ingredients. In addition, concerns regarding biodegradable mulches that do not achieve 90% biodegradation within two years of tillage into the soil, are anticipated to hamper the market growth in the near future. Due to the above-mentioned factors, the available biodegradable mulch films are not accepted in certified organic systems in the U.S.

Regulations regarding the use of biodegradable mulch films are being followed in regions such as Europe, North America, and Asia, thus supporting the growth of the mulch films market. The development of biodegradable and bio-based polymer films is anticipated to create opportunities for market participants in the coming years.

Biodegradable Mulch Films Market Report Highlights

• Based on raw material, thermoplastic starch (TPS) dominated the market in 2022 and is anticipated to be the fastest-growing segment with a CAGR of 8.4% from 2023 to 2030. This high demand may be due to the low cost and high starch availability. Starch is an abundantly available and inexpensive natural polymer that can produce a film structure, thereby leading to the popularity of TPS mulch films
• Based on raw material, the fruits & vegetables crop segment dominated the market with a revenue share of more than 49.0% in 2022 and is expected to continue its dominance throughout the forecast period
• The Asia Pacific had the largest share of the market and accounted for more than 63.0% in 2022. China was the leading consumer in 2022 owing to growing urbanization and industrialization, which has led to higher living standards and a rise in the demand for food products

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