マルチフィルム市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Mulch Films Market – Global Forecast to 2028

マルチフィルム市場 : タイプ(透明/透明、黒マルチ、カラーマルチ、光線選択性マルチ、分解性マルチ)、用途(農業&園芸)、要素(LLDPE、LDPE、HDPE、EVA、PLA、PHA)、地域別 – 2028年までの世界予測
Mulch Films Market by Type (Clear/Transparent, Black Mulch, Colored Mulch, Photo-selective Mulch, Degradable Mulch), Application (Agricultural and Horticulture), Element (LLDPE, LDPE, HDPE, EVA, PLA, PHA) and Region – Global Forecast to 2028

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Report Overview

The Mulch Films market is projected to grow from USD 7.8 Billion in 2023 to USD 10.6 Billion by 2028, at a CAGR of 6.5% during the forecast period. As the world’s population continues to increase, there is an escalating demand for food to meet the nutritional needs of billions of people. The current global population is nearly 7.9 billion and is projected to reach 9.8 billion by 2050. To address this challenge, the agricultural industry has to enhance productivity and efficiency. Mulch films provide a sustainable and effective solution to this. They are used to create a protective cover over the soil, helping to regulate soil temperature, conserve moisture, and suppress weed growth. These benefits, in turn, lead to improved crop yields. This may help boost agricultural productivity and help fulfill the growing demand for food.

マルチフィルム市場 : 2028年までの世界予測

“The black mulch in mulch films type segment is expected to be one of the dominant segments in the Asia Pacific region.”
The Black mulch segment in mulch films has emerged as one of the dominant segments in the Asia Pacific region, and this growth can be attributed to several factors, making it particularly suitable for the agricultural landscape in this area. Black mulch films have gained popularity due to their ability to control weed growth effectively. Weeds can be a significant challenge in Asian agriculture, where labor costs for weeding are relatively high. Black mulch films, by blocking sunlight and preventing weed growth, not only reduce the need for labor-intensive weeding but also conserve soil moisture, enhancing overall crop health. Moreover, according to MDPI study report of “Mulching as a Sustainable Water and Soil Saving Practice in Agriculture” made in 2022, Black plastic mulch could boost water productivity, rice yield, and quality while also conserving soil moisture quality.


“Horticulture is one of the segments that is projected to grow in the application segment during the forecast period.”
Horticulture, which includes the cultivation of fruits, vegetables, and ornamental plants, places a premium on crop quality and precision farming. For instance, in the cultivation of high-value crops like strawberries, the use of mulch films, specifically designed for horticultural purposes, has resulted in several advantages. Mulch films regulate soil temperature, conserve moisture, and prevent soil compaction, creating an environment conducive to optimal crop growth. The enhanced weed control capabilities of mulch films are particularly vital in horticulture, as they ensure that valuable horticultural crops are not compromised by weed competition.
Furthermore, mulch films also protect the fruit or vegetable from direct contact with the soil, reducing the risk of spoilage and disease. The precision and control offered by mulch films in horticulture align with the increasing demand for high-quality produce, organic farming, and sustainable practices, making it a thriving segment in the mulch films market. As consumers increasingly seek fresh and nutritious produce, horticultural applications stand to benefit significantly from the adoption of mulch films.

マルチフィルム市場 : 2028年までの世界予測 region


The break-up of the profile of primary participants in the controlled-release fertilizers market:
• By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
• By Designation: C Level – 22%, Director Level – 28%, Others-50%
• By Region: Asia Pacific – 28%, Europe – 21%, North America – 32%, South America – 7%, and Rest of the World – 12%

Prominent companies include BASF SE (Germany), Berry Global Inc (US), Dow (US), Kuraray (Japan), Exxon Mobil Corporation (US), and RKW Group (Germany) among others.

マルチフィルム市場 : 2028年までの世界予測 ecosystem


Research Coverage:
This research report categorizes the mulch films market by Type (Clear/Transparent, Black mulch, Colored mulch, Photo-selective Mulch, Degradable mulch, and Others), Application (Agricultural Farms, and Horticulture), Element (LLDPE, LDPE, HDPE, EVA, PLA, PHA, and Others) and Region (North America, Europe, Asia Pacific, South America, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the mulch films market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the mulch films market. Competitive analysis of upcoming startups in the mulch films market ecosystem is covered in this report.


Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall mulch films market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


The report provides insights on the following pointers:
Analysis of key drivers (Rising demand for greenhouse applications coupled with rising environmental concerns, Rapid urbanization and industrialization, Increasing crop productivity demand, and Increasing advancement in farming techniques), restraints (Competing farming techniques, and, Implementation of additional pest and disease management measures for farmers), opportunity (Increasing demand for environmentally friendly and biodegradable mulch films, Expanding horticulture and specialty crop production, and, Utilization of mulch films in high-tunnel and greenhouse farming), and challenges (Installation and maintenance of mulch films, and Raising environmental sustainability concerns) influencing the growth of the mulch films market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the mulch films market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the mulch films market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the mulch films market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BASF SE (Germany), Berry Global Inc (US), Dow (US), Kuraray (Japan), Exxon Mobil Corporation (US), and RKW Group (Germany) among others in the mulch films market strategies. The report also helps stakeholders understand the mulch films market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.2.1      INCLUSIONS AND EXCLUSIONS 33

TABLE 1             INCLUSIONS & EXCLUSIONS     33

1.3         STUDY SCOPE  33

FIGURE 1           MARKET SEGMENTATION         33

1.3.1      REGIONS COVERED      34

1.3.2      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          35

TABLE 2             USD EXCHANGE RATES, 2018–2022         35

1.5         UNITS CONSIDERED     35

1.6         STAKEHOLDERS            36

1.7         SUMMARY OF CHANGES            36

1.7.1      RECESSION IMPACT      36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

FIGURE 2           MULCH FILMS MARKET: RESEARCH DESIGN     37

2.1.1      SECONDARY DATA       38

2.1.1.1   Key data from secondary sources     38

2.1.2      PRIMARY DATA 39

2.1.2.1   Key data from primary sources         39

2.1.2.2   Key insights from industry experts   40

2.1.2.3   Breakdown of primary profiles         40

FIGURE 3           BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION    40

2.2         MARKET SIZE ESTIMATION       41

2.2.1      MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  42

FIGURE 4           MULCH FILMS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH       42

2.2.2      MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    43

FIGURE 5           MULCH FILMS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH

(BASED ON GLOBAL MARKET) 43

2.3         DATA TRIANGULATION             44

FIGURE 6           DATA TRIANGULATION             44

2.4         RESEARCH ASSUMPTIONS         45

FIGURE 7           RESEARCH ASSUMPTIONS         45

2.5         RESEARCH LIMITATIONS & RISK ASSESSMENT  45

FIGURE 8           LIMITATIONS & RISK MANAGEMENT    45

2.6         RECESSION IMPACT ANALYSIS 46

2.6.1      MACRO INDICATORS OF RECESSION    46

FIGURE 9           INDICATORS OF RECESSION     46

FIGURE 10         GLOBAL INFLATION RATE, 2012–2022   46

FIGURE 11         GLOBAL GROSS DOMESTIC PRODUCT, 2012–2022 (USD TRILLION)        47

FIGURE 12         RECESSION INDICATORS AND THEIR IMPACT ON MULCH FILMS MARKET 48

FIGURE 13         GLOBAL MULCH FILMS MARKET: CURRENT FORECAST VS. RECESSION IMPACT FORECAST 48

3            EXECUTIVE SUMMARY 50

TABLE 3             MULCH FILMS MARKET SNAPSHOT, 2023 VS. 2028          51

FIGURE 14         MULCH FILMS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)              52

FIGURE 15         MULCH FILMS MARKET, BY ELEMENT, 2023 VS. 2028 (USD MILLION)          52

FIGURE 16         MULCH FILMS MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION)          53

FIGURE 17         MULCH FILMS MARKET SHARE (VALUE), BY REGION, 2023              53

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MULCH FILMS MARKET            55

FIGURE 18         INCREASE IN AGRICULTURAL PRODUCTION TO DRIVE MARKET            55

4.2         ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE AND COUNTRY              56

FIGURE 19         BLACK MULCH SEGMENT AND CHINA TO ACCOUNT FOR MARKET SHARES IN 2023            56

4.3         MULCH FILMS MARKET: REGIONAL SUBMARKETS         57

FIGURE 20         CHINA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023              57

4.4         MULCH FILMS MARKET, BY TYPE           58

FIGURE 21         BLACK MULCH TO REMAIN LARGEST MARKET TYPE ACROSS REGIONS DURING FORECAST PERIOD  58

4.5         MULCH FILMS MARKET, BY ELEMENT  59

FIGURE 22         LLDPE SEGMENT TO BE LARGEST ELEMENT IN MULCH FILMS DURING FORECAST PERIOD     59

4.6         MULCH FILMS MARKET, BY APPLICATION         60

FIGURE 23         HORTICULTURE TO ACCOUNT FOR LARGER APPLICATION TO MULCH FILMS DURING FORECAST PERIOD 60

5            MARKET OVERVIEW     61

5.1         INTRODUCTION            61

5.2         MACROECONOMIC INDICATORS           61

5.2.1      RISE IN POPULATION AND SCARCITY OF ARABLE LAND            61

FIGURE 24         POPULATION GROWTH, 1950–2025 (BILLION)   62

FIGURE 25         PER CAPITA ARABLE LAND, 1960–2025 (HA)       62

5.2.2      GROWTH OF AGRICULTURAL SECTOR 63

5.3         MARKET DYNAMICS     64

FIGURE 26         MULCH FILMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    64

5.3.1      DRIVERS            64

5.3.1.1   Rise in demand for greenhouse applications coupled with growth in environmental concerns 64

5.3.1.2   Rapid urbanization and industrialization        65

FIGURE 27         NUMBER OF PEOPLE LIVING IN URBAN AND RURAL AREAS, 1960–2020 (BILLION)     65

FIGURE 28         URBAN POPULATION (PERCENTAGE OF TOTAL POPULATION), BY GROUP OF ECONOMIES, 2011 VS. 2021           66

5.3.1.3   Increase in demand for crop productivity       66

5.3.1.4   Advancements in farming techniques             67

5.3.2      RESTRAINTS     67

5.3.2.1   Presence of sustainable competing farming techniques 67

5.3.2.2   Implementation of additional pest and disease management measures for farmers              68

5.3.3      OPPORTUNITIES           68

5.3.3.1   Greater demand for environmentally friendly and biodegradable mulch films              68

5.3.3.2   Expanding horticulture and specialty crop production  69

5.3.3.3   Utilization of mulch films in high-tunnel and greenhouse farming            69

5.3.4      CHALLENGES   69

5.3.4.1   Installation and maintenance of mulch films   69

5.3.4.2   Growth in environmental sustainability concerns         70

6            INDUSTRY TRENDS       71

6.1         INTRODUCTION            71

6.2         VALUE CHAIN ANALYSIS            71

FIGURE 29         VALUE CHAIN ANALYSIS OF MULCH FILMS MARKET     71

6.2.1      RAW MATERIAL SUPPLIERS       72

6.2.2      MANUFACTURING        72

6.2.3      DISTRIBUTION 72

6.2.4      MARKETING AND SALES            72

6.3         TECHNOLOGY ANALYSIS           73

6.3.1      MULTI-LAYER PLASTIC FILMS  73

6.4         PATENT ANALYSIS        73

FIGURE 30         PATENTS GRANTED FOR MULCH FILMS MARKET, 2013–2022              73

TABLE 4             KEY PATENTS PERTAINING TO MULCH FILMS MARKET, 2020–2023      74

6.5         ECOSYSTEM AND MARKET MAP             75

6.5.1      DEMAND SIDE  75

6.5.2      SUPPLY SIDE    75

FIGURE 31         MULCH FILMS MARKET MAP    75

TABLE 5             MULCH FILMS MARKET: SUPPLY CHAIN (ECOSYSTEM) 76

6.6         TRADE ANALYSIS          76

TABLE 6             TOP 10 EXPORTERS AND IMPORTERS OF MULCH FILMS, 2022 (USD THOUSAND)        76

TABLE 7             TOP 10 EXPORTERS AND IMPORTERS OF MULCH FILMS, 2022 (TONS) 77

6.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     77

FIGURE 32         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS              78

6.8         KEY CONFERENCES & EVENTS  78

TABLE 8             MULCH FILMS MARKET: CONFERENCES & EVENTS, 2023–2024              78

6.9         TARIFF AND REGULATORY LANDSCAPE            79

6.9.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 12           SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 13           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

6.9.2      REGULATORY LANDSCAPE       82

6.9.2.1   North America     82

6.9.2.1.1 US         82

6.9.2.1.2 Canada  83

6.9.2.2   Europe  83

6.9.2.2.1 Germany             83

6.9.2.2.2 France   83

6.9.2.3   Asia Pacific          84

6.9.2.3.1 China     84

6.9.2.4   South America     84

6.9.2.4.1 Brazil     84

6.9.2.4.2 Rest of South America       85

6.9.2.5   RoW      85

6.9.2.5.1 Middle East         85

6.9.2.5.2 South Africa        85

6.10       CASE STUDY ANALYSIS 86

6.10.1    SOIL-BIODEGRADABLE ECOVIO INTRODUCED Y BASF FOR SUSTAINABLE AGRICULTURE   86

6.11       PORTER’S FIVE FORCES ANALYSIS         87

FIGURE 33         PORTER’S FIVE FORCES ANALYSIS         87

TABLE 14           MULCH FILMS MARKET: PORTER’S FIVE FORCES ANALYSIS              87

6.11.1    THREAT OF NEW ENTRANTS    88

6.11.2    THREAT OF SUBSTITUTES         88

6.11.3    BARGAINING POWER OF SUPPLIERS     88

6.11.4    BARGAINING POWER OF BUYERS           88

6.11.5    INTENSITY OF COMPETITIVE RIVALRY 88

6.12       KEY STAKEHOLDERS AND BUYING CRITERIA    89

6.12.1    KEY STAKEHOLDERS IN BUYING PROCESS         89

FIGURE 34         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES        89

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES        89

6.12.2    BUYING CRITERIA         90

FIGURE 35         KEY BUYING CRITERIA FOR TOP TYPES 90

TABLE 16           KEY BUYING CRITERIA FOR MULCH FILM TYPES            90

7            MULCH FILMS MARKET, BY TYPE           91

7.1         INTRODUCTION            92

FIGURE 36         BLACK MULCH SEGMENT TO DOMINATE MULCH FILMS MARKET IN 2023 (USD MILLION)            92

TABLE 17           MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)              93

TABLE 18           MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)              93

TABLE 19           MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)           93

TABLE 20           MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)           94

7.2         CLEAR/TRANSPARENT 94

7.2.1      USE OF CLEAR PLASTIC MULCHES IN COOLER REGIONS            94

TABLE 21           CLEAR/TRANSPARENT MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)          94

TABLE 22           CLEAR/TRANSPARENT MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)          95

TABLE 23           CLEAR/TRANSPARENT MULCH FILMS MARKET, BY REGION, 2018–2022 (KT) 95

TABLE 24           CLEAR/TRANSPARENT MULCH FILMS MARKET, BY REGION, 2023–2028 (KT) 95

7.3         BLACK MULCH 96

7.3.1      INCREASED PRODUCTION OF LEAFY VEGETABLES THAT USE INEXPENSIVE BLACK MULCHES             96

TABLE 25           BLACK MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)          96

TABLE 26           BLACK MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)          96

TABLE 27           BLACK MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)              97

TABLE 28           BLACK MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)              97

7.4         COLORED MULCH        97

7.4.1      COLORED MULCHES FOR IMPROVED CROP PRODUCTION        97

TABLE 29           COLORED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)          98

TABLE 30           COLORED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)          98

TABLE 31           COLORED MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)              98

TABLE 32           COLORED MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)              99

7.5         PHOTO-SELECTIVE MULCH      99

7.5.1      ADOPTION OF PHOTO-SELECTIVE MULCH FILMS FOR SUSTAINABLE AGRICULTURE 99

TABLE 33           PHOTO-SELECTIVE MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)     100

TABLE 34           PHOTO-SELECTIVE MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)     100

TABLE 35           PHOTO-SELECTIVE MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)           100

TABLE 36           PHOTO-SELECTIVE MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)           101

7.6         DEGRADABLE MULCH 101

7.6.1      INCREASE IN USE OF BIODEGRADABLE MULCH FILMS 101

TABLE 37           DEGRADABLE MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 101

TABLE 38           DEGRADABLE MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION) 101

TABLE 39           DEGRADABLE MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)      102

TABLE 40           DEGRADABLE MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)      102

TABLE 41           DEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 102

TABLE 42           DEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 102

TABLE 43           DEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)      103

TABLE 44           DEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)      103

7.6.1.1   Biodegradable Mulch         103

TABLE 45           BIODEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)     104

TABLE 46           BIODEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)     104

TABLE 47           BIODEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)           104

TABLE 48           BIODEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)           105

7.6.1.2   Photodegradable Mulch     105

TABLE 49           PHOTODEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)          105

TABLE 50           PHOTODEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)          106

TABLE 51           PHOTODEGRADABLE MULCH FILMS MARKET, BY REGION, 2018–2022 (KT) 106

TABLE 52           PHOTODEGRADABLE MULCH FILMS MARKET, BY REGION, 2023–2028 (KT) 106

7.7         OTHER TYPES  106

TABLE 53           OTHER MULCH FILM TYPES MARKET, BY REGION, 2018–2022 (USD MILLION) 107

TABLE 54           OTHER MULCH FILM TYPES MARKET, BY REGION, 2023–2028 (USD MILLION) 107

TABLE 55           OTHER MULCH FILM TYPES MARKET, BY REGION, 2018–2022 (KT)      107

TABLE 56           OTHER MULCH FILM TYPES MARKET, BY REGION, 2023–2028 (KT)      108

8            MULCH FILMS MARKET, BY ELEMENT  109

8.1         INTRODUCTION            110

FIGURE 37         LLDPE-BASED MULCH FILMS TO ACCOUNT FOR LARGEST MARKET BY 2028            110

TABLE 57           MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION)          111

TABLE 58           MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION)          111

8.2         LLDPE 111

8.2.1      SOIL TEMPERATURE REGULATION TO IMPROVE CROP YIELDS 111

TABLE 59           LLDPE-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 112

TABLE 60           LLDPE-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 112

8.3         LDPE    113

8.3.1      GROWTH IN AWARENESS AMONG FARMERS LED TO INCREASED USE OF LDPE MULCH FILMS             113

TABLE 61           LDPE-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 113

TABLE 62           LDPE-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 114

8.4         HDPE   114

8.4.1      EXTENSIVE USE WITH VARIEGATED APPLICATIONS IN AGRICULTURE              114

TABLE 63           HDPE-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 114

TABLE 64           HDPE-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 115

8.5         EVA      115

8.5.1      INCREASE IN AWARENESS OF ENVIRONMENTAL BENEFITS OF EVA MULCH FILMS  115

TABLE 65           EVA-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 115

TABLE 66           EVA-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 116

8.6         PLA       116

8.6.1      TECHNOLOGICALLY ADVANCED PLA MULCH FILMS OFFER PERFORMANCE WITH SUSTAINABILITY             116

TABLE 67           PLA-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 117

TABLE 68           PLA-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 117

8.7         PHA      117

8.7.1      RISE IN ADOPTION OF SUSTAINABLE AGRICULTURE AMONG FARMERS           117

TABLE 69           PHA-BASED MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION) 118

TABLE 70           PHA-BASED MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION) 118

8.8         OTHER ELEMENTS        118

TABLE 71           OTHER MULCH FILM ELEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)     119

TABLE 72           OTHER MULCH FILM ELEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     119

9            MULCH FILMS MARKET, BY APPLICATION         120

9.1         INTRODUCTION            121

FIGURE 38         HORTICULTURAL APPLICATION SET TO DOMINATE MULCH FILMS MARKET, 2023 VS. 2028 (USD MILLION)   122

TABLE 73           MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          122

TABLE 74           MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          122

9.2         AGRICULTURAL FARMS             122

9.2.1      DEMAND FOR IMPROVED YIELDS OF HIGH-VALUE CROPS        122

TABLE 75          MULCH FILMS MARKET IN AGRICULTURAL FARMS, BY REGION, 2018–2022 (USD MILLION)          123

TABLE 76          MULCH FILMS MARKET IN AGRICULTURAL FARMS, BY REGION, 2023–2028 (USD MILLION)          123

9.3         HORTICULTURE            124

9.3.1      HIGH PREFERENCE FOR COLORED MULCH IN COMMERCIAL HORTICULTURE            124

TABLE 77           MULCH FILMS MARKET IN HORTICULTURE, BY REGION, 2018–2022 (USD MILLION)     124

TABLE 78           MULCH FILMS MARKET IN HORTICULTURE, BY REGION, 2023–2028 (USD MILLION)     125

10          MULCH FILMS MARKET, BY REGION      126

10.1       INTRODUCTION            127

FIGURE 39         INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD              128

TABLE 79           MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)              128

TABLE 80           MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)              129

TABLE 81           MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)     129

TABLE 82           MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)     129

10.2       NORTH AMERICA          130

FIGURE 40         NORTH AMERICA: MARKET SNAPSHOT 131

TABLE 83           NORTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          131

TABLE 84           NORTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          132

TABLE 85           NORTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (KT) 132

TABLE 86           NORTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (KT) 132

TABLE 87           NORTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 132

TABLE 88           NORTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION) 133

TABLE 89           NORTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)      133

TABLE 90           NORTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)      134

TABLE 91           NORTH AMERICA: MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION)     134

TABLE 92           NORTH AMERICA: MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION)     134

TABLE 93           NORTH AMERICA: MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          135

TABLE 94           NORTH AMERICA: MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          135

10.2.1    NORTH AMERICA: RECESSION IMPACT ANALYSIS          135

FIGURE 41         NORTH AMERICA: MULCH FILMS MARKET: RECESSION IMPACT ANALYSIS         135

10.2.2    US         136

10.2.2.1 Rise in demand for mulch films from food and dairy industries   136

TABLE 95           US: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          136

TABLE 96           US: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          137

TABLE 97           US: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)    137

TABLE 98           US: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)    138

10.2.3    CANADA            138

10.2.3.1 Need to reduce water usage, control weed growth, and improve soil quality              138

TABLE 99           CANADA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          139

TABLE 100         CANADA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          139

TABLE 101         CANADA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              140

TABLE 102         CANADA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              140

10.2.4    MEXICO             140

10.2.4.1 Skilled and cost-effective labor force and free trade agreements 140

TABLE 103         MEXICO: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          141

TABLE 104         MEXICO: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          142

TABLE 105         MEXICO: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              142

TABLE 106         MEXICO: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              143

10.3       ASIA PACIFIC    143

FIGURE 42         ASIA PACIFIC: MARKET SNAPSHOT       144

TABLE 107         ASIA PACIFIC: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     145

TABLE 108         ASIA PACIFIC: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)     145

TABLE 109         ASIA PACIFIC: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (KT)           145

TABLE 110         ASIA PACIFIC: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (KT)           146

TABLE 111         ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 146

TABLE 112         ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION) 146

TABLE 113         ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              147

TABLE 114         ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              147

TABLE 115         ASIA PACIFIC: MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION) 147

TABLE 116         ASIA PACIFIC: MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION) 148

TABLE 117         ASIA PACIFIC: MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)     148

TABLE 118         ASIA PACIFIC: MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     148

10.3.1    ASIA PACIFIC: RECESSION IMPACT ANALYSIS    148

FIGURE 43         ASIA PACIFIC: MULCH FILMS MARKET: RECESSION IMPACT ANALYSIS          149

10.3.2    CHINA  149

10.3.2.1 Massive industrial growth & urbanization and growth in focus on increasing agricultural output             149

TABLE 119         CHINA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          150

TABLE 120         CHINA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          151

TABLE 121         CHINA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              151

TABLE 122         CHINA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              151

10.3.3    INDIA   152

10.3.3.1 Promotion of agro-textile sector by government and increase in food demand              152

TABLE 123         INDIA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          152

TABLE 124         INDIA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          153

TABLE 125         INDIA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              153

TABLE 126         INDIA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              153

10.3.4    JAPAN  154

10.3.4.1 Advanced crop technologies and need to save labor and time     154

TABLE 127         JAPAN: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          154

TABLE 128         JAPAN: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          155

TABLE 129         JAPAN: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              155

TABLE 130         JAPAN: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              155

10.3.5    AUSTRALIA & NEW ZEALAND   156

10.3.5.1 Effectiveness of mulch films in promoting growth of avocado trees          156

TABLE 131         AUSTRALIA & NEW ZEALAND: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)             156

TABLE 132         AUSTRALIA & NEW ZEALAND: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)             157

TABLE 133         AUSTRALIA & NEW ZEALAND: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)    157

TABLE 134         AUSTRALIA & NEW ZEALAND: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)    158

10.3.6    REST OF ASIA PACIFIC  158

TABLE 135         REST OF ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)     159

TABLE 136         REST OF ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)     159

TABLE 137         REST OF ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)           159

TABLE 138         REST OF ASIA PACIFIC: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)           160

10.4       EUROPE             160

TABLE 139         EUROPE: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 161

TABLE 140         EUROPE: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 161

TABLE 141         EUROPE: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (KT)      162

TABLE 142         EUROPE: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (KT)      162

TABLE 143         EUROPE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          162

TABLE 144         EUROPE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          163

TABLE 145         EUROPE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              163

TABLE 146         EUROPE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              163

TABLE 147         EUROPE: MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION) 164

TABLE 148         EUROPE: MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION) 164

TABLE 149         EUROPE: MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 164

TABLE 150         EUROPE: MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 165

10.4.1    EUROPE: RECESSION IMPACT ANALYSIS            165

FIGURE 44         EUROPE: MULCH FILMS MARKET: RECESSION IMPACT ANALYSIS          166

10.4.2    GERMANY         166

10.4.2.1 Favorable EU regulations for select plastics and new recycling initiatives for mulch films      166

TABLE 151         GERMANY: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          167

TABLE 152         GERMANY: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          167

TABLE 153         GERMANY: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              167

TABLE 154         GERMANY: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              168

10.4.3    FRANCE             168

10.4.3.1 Over 1 million hectares covered in mulch films, especially black 168

TABLE 155         FRANCE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          169

TABLE 156         FRANCE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          169

TABLE 157         FRANCE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              169

TABLE 158         FRANCE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              170

10.4.4    UK         170

10.4.4.1 Need to enhance crop yields, improve crop quality, and reduce weed control costs              170

TABLE 159         UK: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          171

TABLE 160         UK: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          171

TABLE 161         UK: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)   171

TABLE 162         UK: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)   172

10.4.5    ITALY   172

10.4.5.1 Adoption of eco-friendly films and various government initiatives to promote mulch films          172

TABLE 163         ITALY: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          173

TABLE 164         ITALY: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          173

TABLE 165         ITALY: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              173

TABLE 166         ITALY: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              174

10.4.6    SPAIN   174

10.4.6.1 Implementation of plastic waste recycling, reduction of plastic usage, and landfilling in cooperation   174

TABLE 167         SPAIN: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          175

TABLE 168         SPAIN: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          175

TABLE 169         SPAIN: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              175

TABLE 170         SPAIN: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              176

10.4.7    REST OF EUROPE           176

TABLE 171         REST OF EUROPE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 177

TABLE 172         REST OF EUROPE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION) 177

TABLE 173         REST OF EUROPE: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)      178

TABLE 174         REST OF EUROPE: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)      178

10.5       SOUTH AMERICA           178

TABLE 175         SOUTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     179

TABLE 176         SOUTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)     179

TABLE 177         SOUTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2018–2022 (KT)           179

TABLE 178         SOUTH AMERICA: MULCH FILMS MARKET, BY COUNTRY, 2023–2028 (KT)           179

TABLE 179         SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 180

TABLE 180         SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION) 180

TABLE 181         SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)      180

TABLE 182         SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)      181

TABLE 183         SOUTH AMERICA: MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION)     181

TABLE 184         SOUTH AMERICA: MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION)     181

TABLE 185         SOUTH AMERICA: MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          182

TABLE 186         SOUTH AMERICA: MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          182

10.5.1    SOUTH AMERICA: RECESSION IMPACT ANALYSIS          182

FIGURE 45         SOUTH AMERICA: MULCH FILMS MARKET: RECESSION IMPACT ANALYSIS         183

10.5.2    BRAZIL 183

10.5.2.1 High adoption of intensive agricultural practices, expansion of irrigated agriculture, and greater demand for high-quality fruits and vegetables     183

TABLE 187         BRAZIL: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          184

TABLE 188         BRAZIL: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          184

TABLE 189         BRAZIL: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              185

TABLE 190         BRAZIL: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              185

10.5.3    REST OF SOUTH AMERICA         185

TABLE 191         REST OF SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          186

TABLE 192         REST OF SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          187

TABLE 193         REST OF SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT) 187

TABLE 194         REST OF SOUTH AMERICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT) 187

10.6       REST OF THE WORLD (ROW)    188

TABLE 195         ROW: MULCH FILMS MARKET, BY REGION, 2018–2022 (USD MILLION)          188

TABLE 196         ROW: MULCH FILMS MARKET, BY REGION, 2023–2028 (USD MILLION)          188

TABLE 197         ROW: MULCH FILMS MARKET, BY REGION, 2018–2022 (KT)              189

TABLE 198         ROW: MULCH FILMS MARKET, BY REGION, 2023–2028 (KT)              189

TABLE 199         ROW: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          189

TABLE 200         ROW: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          190

TABLE 201         ROW: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT) 190

TABLE 202         ROW: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT) 191

TABLE 203         ROW: MULCH FILMS MARKET, BY ELEMENT, 2018–2022 (USD MILLION)          191

TABLE 204         ROW: MULCH FILMS MARKET, BY ELEMENT, 2023–2028 (USD MILLION)          191

TABLE 205         ROW: MULCH FILMS MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 192

TABLE 206         ROW: MULCH FILMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 192

10.6.1    ROW: RECESSION IMPACT ANALYSIS    192

FIGURE 46         ROW: MULCH FILMS MARKET: RECESSION IMPACT ANALYSIS              193

10.6.2    AFRICA 193

10.6.2.1 Availability of affordable and versatile mulch films       193

TABLE 207         AFRICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION)          194

TABLE 208         AFRICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          194

TABLE 209         AFRICA: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)              195

TABLE 210         AFRICA: MULCH FILMS MARKET, BY TYPE, 2023–2028 (KT)              195

10.6.3    MIDDLE EAST  195

10.6.3.1 Need to conserve soil moisture, reduce weed growth, enhance soil fertility, and improve crop yields            195

TABLE 211         MIDDLE EAST: MULCH FILMS MARKET, BY TYPE, 2018–2022 (USD MILLION) 196

TABLE 212         MIDDLE EAST: MULCH FILMS MARKET SIZE, BY TYPE, 2023–2028 (USD MILLION)     197

TABLE 213         MIDDLE EAST: MULCH FILMS MARKET, BY TYPE, 2018–2022 (KT)      197

TABLE 214         MIDDLE EAST: MULCH FILMS MARKET SIZE, BY TYPE, 2023–2028 (KT)           197

11          COMPETITIVE LANDSCAPE       198

11.1       OVERVIEW        198

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          198

TABLE 215         STRATEGIES ADOPTED BY KEY PLAYERS IN MULCH FILMS MARKET            198

11.3       REVENUE ANALYSIS      200

FIGURE 47         REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2018–2022 (USD BILLION)           200

11.4       MARKET SHARE ANALYSIS         200

TABLE 216         MULCH FILMS MARKET: INTENSITY OF COMPETITIVE RIVALRY, 2022  201

11.5       KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH 202

FIGURE 48         ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022      202

11.6       KEY PLAYERS’ EBITDA  203

FIGURE 49         EBITDA, 2022 (USD BILLION)     203

11.7       GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS   203

FIGURE 50         GLOBAL SNAPSHOT OF KEY PARTICIPANTS IN MULCH FILMS MARKET, 2022  203

11.8       COMPANY EVALUATION MATRIX          204

11.8.1    STARS  204

11.8.2    EMERGING LEADERS    204

11.8.3    PERVASIVE PLAYERS     204

11.8.4    PARTICIPANTS 204

FIGURE 51         COMPANY EVALUATION MATRIX, 2022 205

11.8.5    COMPANY FOOTPRINT 205

TABLE 217         COMPANY FOOTPRINT, BY TYPE           205

TABLE 218         COMPANY FOOTPRINT, BY APPLICATION         207

TABLE 219         COMPANY FOOTPRINT, BY ELEMENT   208

TABLE 220         COMPANY FOOTPRINT, BY REGION      209

TABLE 221         OVERALL COMPANY FOOTPRINT          210

11.9       STARTUP/SME EVALUATION MATRIX   211

11.9.1    PROGRESSIVE COMPANIES       211

11.9.2    RESPONSIVE COMPANIES          211

11.9.3    DYNAMIC COMPANIES 211

11.9.4    STARTING BLOCKS       211

FIGURE 52         STARTUP/SME EVALUATION MATRIX, 2022       212

11.9.5    COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         213

TABLE 222         DETAILED LIST OF KEY STARTUPS/SMES           213

11.10     COMPETITIVE SCENARIO          214

11.10.1  DEALS  214

TABLE 223         MULCH FILMS MARKET: DEALS, 2018–2023         214

11.10.2  OTHERS             216

TABLE 224         MULCH FILMS MARKET: OTHERS, 2018–2023      216

12          COMPANY PROFILES    218

(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*

12.1       KEY PLAYERS   218

12.1.1    BASF SE              218

TABLE 225         BASF SE: BUSINESS OVERVIEW 218

FIGURE 53         BASF SE: COMPANY SNAPSHOT 219

TABLE 226         BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219

TABLE 227         BASF SE: DEALS 220

TABLE 228         BASF SE: OTHERS           220

12.1.2    BERRY GLOBAL INC.     222

TABLE 229         BERRY GLOBAL INC.: BUSINESS OVERVIEW       222

FIGURE 54         BERRY GLOBAL INC.: COMPANY SNAPSHOT      223

TABLE 230         BERRY GLOBAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          223

TABLE 231         BERRY GLOBAL INC.: DEALS     224

12.1.3    DOW    226

TABLE 232         DOW: BUSINESS OVERVIEW      226

FIGURE 55         DOW: COMPANY SNAPSHOT     227

TABLE 233         DOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED      227

TABLE 234         DOW: DEALS    228

12.1.4    KURARAY          229

TABLE 235         KURARAY: BUSINESS OVERVIEW            229

FIGURE 56         KURARAY: COMPANY SNAPSHOT          230

TABLE 236         KURARAY: PRODUCTS/SOLUTIONS/SERVICES OFFERED              230

12.1.5    EXXON MOBIL CORPORATION 232

TABLE 237         EXXON MOBIL CORPORATION: BUSINESS OVERVIEW   232

FIGURE 57         EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 233

TABLE 238         EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   233

TABLE 239         EXXON MOBIL CORPORATION: OTHERS            234

12.1.6    RKW GROUP     236

TABLE 240         RKW GROUP: BUSINESS OVERVIEW       236

TABLE 241         RKW GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              236

TABLE 242         RKW GROUP: OTHERS  237

12.1.7    INTERGRO, INC.             238

TABLE 243         INTERGRO, INC.: BUSINESS OVERVIEW 238

TABLE 244         INTERGRO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              238

12.1.8    PLASTIKA KRITIS S.A.    240

TABLE 245         PLASTIKA KRITIS S.A.: BUSINESS OVERVIEW      240

TABLE 246         PLASTIKA KRITIS S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          240

12.1.9    EPI (EUROPE) LTD        242

TABLE 247         EPI (EUROPE) LTD: BUSINESS OVERVIEW          242

TABLE 248         EPI (EUROPE) LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED          242

12.1.10  KOTHARI GROUP          243

TABLE 249         KOTHARI GROUP: BUSINESS OVERVIEW            243

TABLE 250         KOTHARI GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          243

12.1.11  CAPTAIN POLYPLAST LTD.       245

TABLE 251         CAPTAIN POLYPLAST LTD.: BUSINESS OVERVIEW         245

TABLE 252         CAPTAIN POLYPLAST LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   245

12.1.12  TILAK POLYPACK PVT. LTD      246

TABLE 253         TILAK POLYPACK PVT. LTD: BUSINESS OVERVIEW        246

TABLE 254         TILAK POLYPACK PVT. LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED   246

12.1.13  IRIS POLYMERS 248

TABLE 255         IRIS POLYMERS: BUSINESS OVERVIEW  248

TABLE 256         IRIS POLYMERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              248

12.2       BIODEGRADABLE MULCH FILM MANUFACTURERS       250

12.2.1    NOVAMONT S.P.A.         250

TABLE 257         NOVAMONT S.P.A.: BUSINESS OVERVIEW           250

TABLE 258         NOVAMONT S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          250

TABLE 259         NOVAMONT S.P.A.: DEALS         251

12.2.2    ARMANDO ALVAREZ GROUP    252

TABLE 260         ARMANDO ALVAREZ GROUP: BUSINESS OVERVIEW      252

TABLE 261         ARMANDO ALVAREZ GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED   252

12.2.3    ACHILLES CORPORATION         254

TABLE 262         ACHILLES CORPORATION: BUSINESS OVERVIEW           254

TABLE 263         ACHILLES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          254

12.2.4    COVERFIELDS  256

TABLE 264         COVERFIELDS: BUSINESS OVERVIEW    256

TABLE 265         COVERFIELDS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              256

12.2.5    FKUR    257

TABLE 266         FKUR: BUSINESS OVERVIEW      257

TABLE 267         FKUR: PRODUCTS/SOLUTIONS/SERVICES OFFERED     257

TABLE 268         FKUR: DEALS    258

12.2.6    WALKI GROUP OY         259

12.2.7    TURFQUICK AB SWEDEN           260

12.2.8    FILMORGANIC 261

12.2.9    KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED     261

12.2.10  GROWIT INDIA PRIVATE LIMITED         262

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

13          ADJACENT AND RELATED MARKETS     263

13.1       INTRODUCTION            263

TABLE 269         ADJACENT MARKET      263

13.2       LIMITATIONS   263

13.3       AGRICULTURAL FILMS MARKET            263

13.3.1    MARKET DEFINITION   263

13.3.2    MARKET OVERVIEW     263

TABLE 270         AGRICULTURAL FILMS MARKET, BY TYPE, 2017–2022 (USD MILLION)          264

TABLE 271         AGRICULTURAL FILMS MARKET, BY TYPE, 2023–2028 (USD MILLION)          264

14          APPENDIX         265

14.1       DISCUSSION GUIDE      265

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             270

14.3       CUSTOMIZATION OPTIONS      272

14.4       RELATED REPORTS       272

14.5       AUTHOR DETAILS         273