Global Liquid Mulching Film Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Natural Liquid Mulching Film and Synthetic Liquid Mulching Film), By Application (Agriculture, Horticulture, Landscaping, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Chemicals & MaterialsGlobal Liquid Mulching Film Market Insights Forecasts to 2033
- The Global Liquid Mulching Film Market Size was Valued at USD 1.1 Billion in 2023
- The Market Size is Growing at a CAGR of 11.27% from 2023 to 2033
- The Worldwide Liquid Mulching Film Size is Expected to Reach USD 3.2 Billion by 2033
- North America is expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Liquid Mulching Film Market Size is Anticipated to Exceed USD 3.2 Billion by 2033, Growing at a CAGR of 11.27% from 2023 to 2033. The increased use of precision agricultural methods will give considerable potential opportunities for the liquid mulching film industry.
Market Overview:
The liquid mulching film is the layer of starch-based mulching material that can be utilized to advance the growth conditions of plants. Liquid mulching film can increase cowpea seedling development by increasing root length and stem height which will help to drive the growth of the liquid mulching film market. The growing awareness of the environmental effect of conventional plastic mulches is a major development driver for the liquid mulching film industry. Traditional plastic mulches, while good in weed control and soil moisture conservation, are a major contributor to plastic pollution. In contrast, liquid mulching films disintegrate spontaneously and hence do not contribute to soil pollution over time. This environmentally favorable feature is boosting their popularity in both developed and developing countries, where sustainable agricultural techniques are becoming more common.
Opportunities: Growing demand for organic and ethically produced food
Customers are increasingly emphasizing health, environmental sustainability, and ethical agricultural methods when making food decisions. Liquid mulching films, particularly those created from natural and biodegradable ingredients, are ideal for meeting the demands of organic farmers and sustainable agriculture.
Report Coverage:
This research report categorizes the market for the global liquid mulching film market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global liquid mulching film market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global liquid mulching film market.
Global Liquid Mulching Film Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 1.1 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 11.27% |
2033 Value Projection: | USD 3.2 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Product Type, By Application, By Region and COVID-19 Impact Analysis |
Companies covered:: | Berry Global Inc., Trioplast Industrier AB, Ab Rani Plast Oy, Plastika Kritis S.A., Kuraray Co., Ltd., Coveris Holdings S.A., Al-Pack Enterprises Ltd., Barbier Group, POLIFILM Group, Grupo Armando Alvarez, Iris Polymers Industries Pvt. Ltd., Ginegar Plastic Products Ltd., Agriplast Tech India Pvt. Ltd., AEP Industries Inc., British Polythene Industries PLC, Armando Alvarez Group, RKW Group and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors:
Water conservation is becoming increasingly important in agriculture. Liquid mulching films assist to maintain soil moisture, minimize evaporation, and increase water efficiency. These qualities are especially beneficial in arid and semi-arid areas where water shortage is a major issue. By minimizing the need for regular watering, liquid mulching films can help farmers save water and money, increasing their appeal in water-stressed areas.
Restraining Factors:
The expensive nature of liquid mulching films compared to typical plastic mulches could restrict industry expansion. Ensuring consistent performance across varied agricultural environments is an obstacle that requires continual study and improvement.
Market Segmentation:
The global liquid mulching film market share is classified into product type and application.
- The natural liquid mulching film has the largest share of the market during the forecast period.
Based on the product type, the global liquid mulching film market is categorized into natural liquid mulching film and synthetic liquid mulching film. Among these, the natural liquid mulching film has the largest share of the market during the forecast period. Natural liquid mulching films are made from organic components and are biodegradable, making them popular among organic farmers and ecologically aware producers. These films disintegrate over time, adding organic matter to the soil and enhancing its structure and fertility. The growing need for sustainable and environmentally friendly agricultural inputs is propelling the rise of natural liquid mulching films, especially in areas with stringent environmental restrictions.
- The agriculture segment has the largest share of the market over the forecast period.
Based on the application, the global liquid mulching film market is categorized into agriculture, horticulture, landscaping, and others. Among these, the agriculture segment has the largest share of the market over the forecast period. Agriculture is the largest application category, driven by the requirement for effective weed control and soil moisture conservation in crop production. Liquid mulching films assist farmers in maintaining ideal soil conditions, saving water, and increasing crop yields, making them an invaluable tool. The growing use of precision farming techniques and sustainable agriculture practices is driving up the need for liquid mulching films in this market.
Regional Segment Analysis of the Global Liquid Mulching Film Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia-Pacific is projected to hold the largest share of the global liquid mulching film market over the forecast period.
Get more details on this report -
Asia-Pacific is projected to hold the largest share of the global liquid mulching film market over the forecast period. Asia Pacific is predicted to be the fastest-growing region in the liquid mulching film market, owing to the area's large agricultural sector and increased use of sustainable farming techniques. Countries such as China and India, with huge rural populations and considerable agricultural activity, are important markets for liquid mulching films. Government programs encouraging water conservation, sustainable agriculture, and environmental preservation are driving up the need for liquid mulching films in the region.
North America region is expected to fastest CAGR growth during the forecast period. The United States and Canada are early adopters of sophisticated agricultural technology, such as liquid mulching films. The region's emphasis on environmental sustainability, along with legal steps to limit plastic waste, is driving the transition to biodegradable and eco-friendly mulching options.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global liquid mulching film market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies:
- Berry Global Inc.
- Trioplast Industrier AB
- Ab Rani Plast Oy
- Plastika Kritis S.A.
- Kuraray Co., Ltd.
- Coveris Holdings S.A.
- Al-Pack Enterprises Ltd.
- Barbier Group
- POLIFILM Group
- Grupo Armando Alvarez
- Iris Polymers Industries Pvt. Ltd.
- Ginegar Plastic Products Ltd.
- Agriplast Tech India Pvt. Ltd.
- AEP Industries Inc.
- British Polythene Industries PLC
- Armando Alvarez Group
- RKW Group
- Others
Key Market Developments:
- In September 2023, NARO displayed a system for decomposing biodegradable plastic sheets for agriculture, confirming its efficiency at various temperatures. The use of biodegradable plastic mulch film that decomposes when plowed onto the field after usage is becoming more common in agricultural settings to save labor.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global liquid mulching film market based on the below-mentioned segments:
Global Liquid Mulching Film Market, By Product Type
- Natural Liquid Mulching Film
- Synthetic Liquid Mulching Film
Global Liquid Mulching Film Market, By Application
- Agriculture
- Horticulture
- Landscaping
- Others
Global Liquid Mulching Film Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the global liquid mulching film market over the forecast period?The global liquid mulching film market size is expected to grow from USD 1.1 Billion in 2023 to USD 3.2 Billion by 2033, at a CAGR of 11.27 % during the forecast period 2023-2033.
-
2. Which region is expected to hold the highest share in the global liquid mulching film market?Asia-Pacific is projected to hold the largest share of the global liquid mulching film market over the forecast period.
-
3. Who are the top key players in the liquid mulching film market?Berry Global Inc, Trioplast Industrier AB, Ab Rani Plast Oy, Plastika Kritis S.A, Kuraray Co., Ltd, Coveris Holdings S.A, l-Pack Enterprises Ltd, Barbier Group, POLIFILM Group, Grupo Armando Alvarez, Iris Polymers Industries Pvt. Ltd, Ginegar Plastic Products Ltd, Agriplast Tech India Pvt. Ltd, AEP Industries Inc, British Polythene Industries PLC, Armando Alvarez Group, RKW Group, and Others.
Need help to buy this report?