Market Challenges And Opportunities

One of the major drivers for biodegradable mulch film market is the significant demand from farming industry.

Biodegradable Mulch Film Market Outlook

Asia Pacific is the largest and estimated to be the fastest growing market in the forecast period due to burgeoning growth in the farming industry, which has been driven by the large population in India and China. The use of biodegradable mulch films is increasing due to strong increase in demand for eco-friendly products

Europe is estimated to be the second largest market for biodegradable mulch film. The projected growth in Europe is driven by the rising use of the product for enhancing the yield, high R&D investments, strong government support, and rising health consciousness among public

In North America, the market is mainly influenced by the rising food safety concerns among the growing population along with the need for high crop yield

In Latin America, Argentina is the leading country for onion production. Onions account for around 39% of all vegetable export from Argentina. This has translated into biodegradable mulch film market growth

Restaints:

The biodegradability of these materials can sometimes be questioned in certain environments, posing a challenge to the market growth.

Despite the advantages, the high cost of biodegradable materials compared to conventional plastics remains a restraint to market expansion.