Biodegradable Mulch Film Market Outlook
Various biodegradable mulch film manufacturing companies mainly focusing on product development and are implementing new innovations to achieve better market position in the global biodegradable mulch film market. In 2017, Walki, one of the leading producer of protective packaging materials, developed a new soil mulching solution based on biodegradable fiber, used for weed control and to improve soil conditions.
Market- Trends:
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
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