Expanded Mulch Film Market Anticipates Compound Annual Growth Rate of 8.9% by 2034
In the ever-evolving landscape of agriculture, the mulch film market continues to expand, driven by the increasing adoption of plastic mulching in horticulture. According to recent data, the Asia-Pacific (APAC) region led the market in 2024, holding a 47.8% share with USD 2.8 billion in revenue.
China, the region's dominant player, accounts for a significant portion of this market share. Conventional materials continue to dominate the mulch film market, capturing a 78.9% share in 2024. Black mulch film leads the market, holding a 39.4% share.
The largest mulch film market, China, enforces a national standard (GB/T 25413-2010) limiting residual mulch in soils to 75 kg/ha. This regulation underscores the importance of sustainable practices in the industry.
In Europe, EN 17033 (2018) sets standards for biodegradable mulch films, reflecting a growing emphasis on eco-friendly solutions. Companies like Novamont, BASF, and Biome Bioplastics have made significant advancements in biodegradable mulch films, focusing on applications for fruits and vegetables to enhance sustainability and soil health.
India's Mission for Integrated Development of Horticulture (MIDH) supports plastic mulching adoption with subsidies. In FY 2024-25, farmers can receive up to ₹16,000/ha, with a cap of ₹20,000/ha in FY 2025-26. These subsidies aim to promote the use of black mulch films through plasticulture, further driving the market's growth.
Government initiatives in major agricultural nations like India and China, such as the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) and the National Mission on Sustainable Agriculture (NMSA), continue to drive the adoption of black mulch films.
In the United States, vegetable growers use about 0.13 million tonnes of polyethylene mulch annually. Despite this, the market in the US is relatively smaller compared to the APAC region.
The Global Mulch Film Market is projected to grow from USD 5.9 billion in 2024 to USD 13.8 billion by 2034, achieving a CAGR of 8.9% during the forecast period (2025-2034). This growth is expected to be fueled by increasing government support, including India's MIDH and China's plasticulture policies, which further boost mulch film use in horticulture through subsidies and technical assistance.
As the demand for sustainable and efficient agricultural practices continues to rise, the mulch film market is poised for significant growth in the coming years. The industry's focus on innovation, coupled with government support, promises a brighter future for sustainable horticulture.
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