Mulching Material Market is Projected to Reach $8.42 billion by 2034, Expanding at a 7.9% CAGR by 2034

Steady Shift toward Sustainable Agricultural Practices Increasing Consumption of Organic Mulching Materials, Fact.MR Study

Rising adoption of sustainable practices in the agricultural sector will drive the demand for organic mulches. Fact.MR, a market research and competitive intelligence provider, in its recently updated research report estimates the global mulching material market to increase from a size of US$ 3.93 billion in 2024 to US$ 8.42 billion by the end of 2034.

Biodegradable mulching materials are gaining traction as they enhances the quality of agricultural and horticultural products. Biodegradable mulching films aid cultivators as it reduces the need for collection bioplastic as it degrades in soil. The expansion of greenhouse projects across the globe is further boosting sales of biodegradable mulching materials.

• World Greenhouse Vegetable Statistics report estimates that there is around 1,228,000 acres of space utilized for greenhouse production worldwide.

North America and Europe are key markets for mulching material manufacturers due to higher adoption of organic agricultural practices. Growing preference for clean-label and natural products in these regions is creating profitable opportunities for organic mulching film producers. Asia Pacific is the fastest growing market for mulching materials. The expanding agricultural sector and supportive government policies are further boosting the sales of mulching materials in Asia Pacific.

For More Insights into the Market, Request a Sample of this Report:

https://www.factmr.com/connectus/sample?flag=S&rep_id=1005

Key Takeaways from the Market Study:

• Global demand for mulching materials is analysed to increase at a CAGR of 7.9% from 2024 to 2034.
• The United States market is projected to reach US$ 1.08 billion by 2034.
• Sales of mulching materials in Japan are foreseen to rise at a CAGR of 8.1% through 2034.
• Organic mulch sales are calculated at US$ 2.19 billion for 2024.
• Sales of mulching materials through modern trade are expected to reach US$ 2.30 billion by 2034.

“Key players in the mulching material market are investing heavily in the production of advanced products such as multilayer mulching films,” says Fact.MR analyst.

Leading Players Driving Innovation in the Mulching Material Market:

Leading manufacturers of mulching material are The Scotts Company LLC, Woodland Mulch, Jolly Gardener, Novamont S.p.A, and Ohio Mulch. Leading companies are focusing on product innovation and geographical expansion to increase their market reach. Furthermore, collaborations, mergers, and acquisitions are aiding them to boost knowledge and market contacts.

Mulching Material Market News:

National Storm Recovery Inc. acquired Mulch Manufacturing in 2020 to form a sustainable green team.

Get Customization on this Report for Specific Research Solutions:

https://www.factmr.com/connectus/sample?flag=S&rep_id=1005

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global mulching material market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).

The study divulges essential insights on the market based on product type (organic mulches, inorganic mulches), application (residential applications, gardens, horticulture, others), and sales channel (modern trade, garden supply stores, online stores, others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

Explore More Related Studies Published by Fact.MR Research:

The global plastic film market is estimated to be valued at US$ 95,615.9 million in 2024 and is forecast to reach a value of US$ 149.915.7 million by 2034, with a projected CAGR of 4.6% from 2024 to 2034.

The global mulching heads market is estimated at US$ 521 Mn in 2022. Detailed industry analysis reveals that the market is projected to expand at a CAGR of 6.6% and reach a valuation of US$ 936 Mn by 2032.

Forestry mulcher rental services demand is expanding and is poised to grow at a rate of 6.6% during the forecast period and reach a valuation of US$ 374.6 million in 2033 from US$ 197.7 million in 2023.

Fact.MR, in its newly published study, says that the global organic fertilizer market size is pegged at US$ 8,966.2 million in 2024. The global market is projcted to grow at a 6.4% CAGR to reach a value of US$ 16,673.5 million by the end of 2034.

The global agricultural film market size is estimated to account for a value of US$ 11.78 billion in 2024 and is forecasted to reach US$ 21 billion by the end of 2034. Worldwide sales of agricultural films are predicted to increase at 5.9% CAGR over the next ten years.