The global Biodegradable Mulch Film market is expected to reach a market size of USD 6,697.2 Million by 2028 and register a steady CAGR over the forecast period, according to a latest report by Reports and Data. The mulch films market is witnessing robust growth due to rising demand for higher crop yields worldwide. According to statistics released by the United Nations, the world population was 7.3 billion people in 2016 and is estimated to reach 9.7 billion by 2050. Rapidly increasing population growth and increasing purchasing power parity in developing economies is leading toward a shift in dietary habits comprising more protein intake, and this is another factor fueling global demand for food. Demand for food is expected to increase by 59% to 98% by 2050. Mulch films are widely employed to alter soil temperature, prevent moisture loss, hinder weed growth, and improve crop productivity.
Mulch films for greenhouses are used to shield plants from weather conditions such as rain and wind and to regulate internal temperatures and prevent considerable changes in temperature in greenhouses. The atmosphere inside greenhouses has high relative humidity. Use of mulch films is beneficial in the reduction of soil evaporation and improvement in the atmosphere around crops and plants.
COVID-19 Impact:
The COVID-19 pandemic has severely impacted the mulch films market. The disruption of worldwide supply chains created an oversupply situation for mulch film producers. Besides, the forced lockdown and movement restrictions had resulted in a shortage of workforce required to install mulch films in agricultural fields.
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Mulch Films Market: Drive factors
As of my last knowledge update in September 2021, mulch films are plastic materials that are used to cover the soil surface in agriculture and gardening applications. They offer various benefits such as weed suppression, moisture retention, temperature control, and improved crop yield. The mulch films market is influenced by several driving factors, which might have evolved since then. Some of the key factors that were driving the Biodegradable Mulch Film Market include:
- Growing Agriculture Industry: The global population continues to increase, leading to higher demand for food. This drives the need for increased agricultural productivity, which mulch films contribute to by enhancing crop growth and yield.
- Advantages in Crop Production: Mulch films help in conserving moisture, preventing soil erosion, and maintaining stable soil temperatures. These benefits improve the overall health and yield of crops, making them attractive to farmers.
- Weed Control: Mulch films effectively suppress weed growth by blocking sunlight, reducing competition for nutrients and water. This reduces the need for chemical weed control methods and manual labor, saving time and resources.
- Water Conservation: Mulch films reduce water evaporation from the soil surface, leading to better water utilization and decreased irrigation requirements. This becomes increasingly important in regions facing water scarcity.
- Temperature Regulation: Mulch films can help regulate soil temperatures by providing insulation. They keep the soil warmer in colder seasons and cooler in hotter seasons, which is beneficial for the growth of various crops.
- Improved Soil Structure: Mulch films contribute to maintaining soil structure by reducing erosion and compaction. This is particularly important for sustaining fertile soil for long-term agricultural productivity.
- Increasing Awareness: Farmers are becoming more aware of the benefits of mulch films and their impact on crop yield. This increased awareness leads to higher adoption rates.
- Technological Advancements: Ongoing research and development efforts result in the development of advanced mulch films with improved properties, such as biodegradability, UV resistance, and greater durability.
- Government Support and Regulations: Some regions might offer subsidies, grants, or incentives for adopting sustainable agricultural practices, which can include the use of mulch films. Additionally, regulations regarding water conservation and environmental sustainability can drive the adoption of mulch films.
- Growing Horticulture Industry: Apart from conventional agriculture, the horticulture and landscaping sectors also use mulch films extensively to enhance the growth of plants and trees.
- Increasing Demand for Organic Farming: As organic farming practices gain popularity, the use of mulch films made from biodegradable materials becomes more attractive due to their reduced environmental impact.
Please note that the mulch films market can be influenced by various regional and global trends, and these driving factors might have evolved since my last update. For the most current and accurate information, I recommend consulting recent market reports, industry publications, and news sources.
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