According to a recently published report by Research Nester on “Light Degradable Mulch Film Market – Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the light degradable mulch film market in terms of market segmentation by application, by component, by organization size, by industry vertical and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The light degradable mulch film market is segmented by raw material type, characteristics, application, crop type and degradable type. The application model is further segmented into agricultural farms and horticulture, out of which, the agricultural farm segment is anticipated to have largest market share on account of rising demand for production of food crops in accordance to growing consumption rate amongst population. The raw material segment is further segmented into polyolefins (PO), polyethylene (PE) and petroleum based. By characteristics, it is segmented into vapor barrier, thickness of film and embossing pattern. By crop type, it is segmented into fruits & vegetables, grains & oil seeds and flower & plants. By degradable type, it is segmented into ultra-violet activated, time controlled and predetermined degradable schedule.
The light degradable mulch film market is anticipated to record a significant growth in CAGR throughout the forecast period. The rising need for farming solutions in a smart sustainable way along with growing concerns with the environment, is augmented to grow the market throughout the forecast period. Additionally, low awareness amongst the customers, high cost of implementation and crop shade affecting the fragmentation rate are expected to affect the growth of the light degradable mulch film market in the coming years.
Regionally, the light degradable mulch film market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, Asia-Pacific is expected to have largest market share on the back of rising exports and production of high yield crops from economies such as China, India, and others. Further, North America is expected to have significant growth in market share owing to rising production of crops such as strawberry, corn, etc.
Rising Need for Sustainable Smart Farming Solutions
With advancement in biotechnological processes used by farmers, such as organic fertilizers and bio-pesticides, mechanized tools and machineries, bio-chambers, and others, there has been significant growth in crop productivity as compared to generic process farming. Such smart farming solutions to yield high productivity crop includes usage of light degradable mulch film in the soil beds, to protect and maintain the crop with correct temperature, humidity, sunrays and micro-organisms, thus being the key growth factor for the light degradable mulch film market.
However, the concern for low customer awareness, bundled with residual issue of light degradable mulch film, owing to unequal sunray reaching the soil bed, and high cost of implementation, are expected to operate as a key restraint towards the growth of the light degradable mulch film market in the next few years.
This report also provides the existing competitive scenario of some of the key players of the light degradable mulch film market, which includes company profiling of LECO Industries, Dubois Agrinovation, Growers Solution, LLC. And MulchFilm.com. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the light degradable mulch film market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.