Global Biodegradable Mulch Films Market Size & Outlook
Global biodegradable mulch films market, 2018-2030 (US$M)
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Global biodegradable mulch films market highlights
- The global biodegradable mulch films market generated a revenue of USD 47,800.2 million in 2023 and is expected to reach USD 82,822.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.2% by 2030.
- In terms of segment, thermoplastic startch (tps) accounted for a revenue of USD 29,217.0 million in 2023.
- Thermoplastic startch (TPS) is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Vietnam is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 47,800.2 million |
| Market revenue in 2030 | USD 82,822.0 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic startch (tps) |
| Fastest growing segment | Thermoplastic startch (TPS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic startch (TPS), Startch blended with polylactic acid (PLA), Startch blended with polyhydroxyalkanoate (PHA), Aliphatic-aromatic copolyesters (AAC) |
Other key industry trends
- In terms of revenue, the North America accounted for 17.1% of the global biodegradable mulch films market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Vietnam is the fastest growing regional market and is projected to reach USD 896.8 million by 2030.
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Biodegradable Mulch Films Market Scope
Biodegradable Mulch Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biodegradable mulch films market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable mulch films market will help companies and investors design strategic landscapes.
Thermoplastic startch (tps) was the largest segment with a revenue share of 61.12% in 2023. Horizon Databook has segmented the Global biodegradable mulch films market based on thermoplastic startch (tps), startch blended with polylactic acid (pla), startch blended with polyhydroxyalkanoate (pha), aliphatic-aromatic copolyesters (aac) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biodegradable Mulch Films Form Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic startch (TPS)
- Startch blended with polylactic acid (PLA)
- Startch blended with polyhydroxyalkanoate (PHA)
- Aliphatic-aromatic copolyesters (AAC)
- Others
- Global Biodegradable Mulch Films Crop Outlook (Revenue, USD Million, 2018-2030)
- Fruits & Vegetables
- Grains & Oilseeds
- Flowers & Plants
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biodegradable mulch films market , including forecasts for subscribers. This global databook contains high-level insights into Global biodegradable mulch films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biodegradable mulch films market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biodegradable mulch films market size, 2023 (US$M)
Global biodegradable mulch films market share, by form, 2023 & 2030 (%, US$M)
Biodegradable mulch films market: Opportunity assessment by country
Global biodegradable mulch films market, by region, 2023 (US$M)
| Form | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 7,340.9 | 7,656.3 | 7,076.2 | 7,366.0 | 7,738.7 | 8,168.5 | 8,666.1 | 9,244.2 | 9,918.9 | 10,710.2 | 11,643.3 | 12,750.0 | 14,071.5 | 8.1% |
| Europe | 6,914.5 | 7,192.5 | 6,629.8 | 6,883.0 | 7,211.9 | 7,592.3 | 8,033.3 | 8,546.5 | 9,145.9 | 9,849.3 | 10,678.8 | 11,662.9 | 12,837.4 | 7.8% |
| Asia Pacific | 26,527.5 | 27,779.8 | 25,857.4 | 27,067.8 | 28,596.3 | 29,790.4 | 31,650.5 | 33,810.7 | 36,330.8 | 39,285.7 | 42,769.7 | 46,902.6 | 51,838.3 | 8.2% |
| Latin America | 1,472.6 | 1,520.5 | 1,391.2 | 1,433.8 | 1,491.3 | 1,558.5 | 1,637.1 | 1,729.0 | 1,836.9 | 1,964.0 | 2,114.1 | 2,292.3 | 2,505.2 | 7.0% |
| MEA | 524.0 | 505.8 | 351.1 | 282.5 | 209.1 | 690.5 | 766.9 | 854.4 | 955.3 | 1,072.8 | 1,210.8 | 1,374.3 | 1,569.7 | 12.5% |
| Overall | 42,779.4 | 44,655.0 | 41,305.8 | 43,033.0 | 45,247.3 | 47,800.2 | 50,753.9 | 54,184.8 | 58,187.8 | 62,881.9 | 68,416.6 | 74,982.1 | 82,822.0 | 8.2% |
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