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Global Market Trajectory & Analytics



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  •  DATE

    APRIL 2020



  •  PAGES




  •  PRICE

    USD $5450


Impact of Pandemic & Economic Slowdown

Monitor Market Dynamics!
Early March 2020, we reached out to senior enterprise executives who are driving strategy, business development, marketing, sales, product management, technology and operations at competitive firms worldwide. Our ongoing survey is focused on how this will this affect their business ecosystems. We invite you to participate in our survey and add to collective perspectives. Market movements are tracked for 2020, 2021 and broadly for the period of 2022 through 2025. Critical changes are monitored dynamically for the rest of this year. Updated analytics will reflect new and evolving market realities. Our first update scheduled for May 2020 and another in the Fall. Clients receive complimentary updates during 2020. If your company is a recent client for this project, we may have already reached out to your colleagues to participate in our program. If you're an active player in the space but hasn't yet subscribed to our project, we invite you to participate and share your perspectives. Please sign-up here.

Weathering the current pandemic and the looming recession, the global market for Mulch Films is projected to reach US$5. 1 billion by 2027. Intricately linked to food security, the agriculture industry is expected to buck the economic pressures posed by the COVID-19 pandemic. To ensure enough food to feed a growing population, governments worldwide are extending financial support in addition to easing restrictions on farming, food production and distribution. Agricultural productivity cannot be undermined without serious implications to food security even amidst a public health crisis. Already, regional and international food supply chains are coming under severe pressure with movement of goods facing disruptions as a result of transport restrictions. Protectionist trade measures banning food exports is additionally aggravating global food security. Demand for food in global markets is witnessing massive spikes as consumers stockpile and hoard essentials to survive the lockdowns. Rising food prices and a possible famine can very likely confront the world if immediate remedial measures are not taken. As a result, safeguarding food security has suddenly shot into the spotlight as a priority for governments as they seek to mitigate impact of COVID-19 on food production, transport, distribution and trade. Given their role in improving crop quality, minimizing weed spread, ensuring soil temperature control and water retention, mulch films will continue to remain in demand among farmers worldwide.

Mulches are applied to the surface of the soil, and around flower beds, trees, and paths, for preventing soil erosion from slopes, and in growing areas for vegetable and flower crops. Layers of mulch are normally applied 2 inches or more deep. Depending on their intended use, mulches are applied at several times during the year. Towards the start of the cultivation season, mulches are initially applied for warming the soil by preventing loss of heat during the night. The prevention of heat loss, while enabling early transplanting and seeding of certain crops, encourages faster growth. Plastic mulch, which is used by large-scale commercial farms, is spread across the field either in the form a standalone plastic mulch layer or with the help of a tractor. Plastic mulch generally forms a part of a high-end mechanical process, in which raised beds covered with plastic are created, and seedlings transplanted into the soil through holes in made the plastic. Since the plastic mulch is impervious to water, drip tapes are laid under the mulch for providing drip irrigation. A key trend in the market is the growing preference for biodegradable mulch film. With agriculture contributing to over 20. 4% of global man made greenhouse gas (GHG) emissions worldwide, pressure is mounting on the agricultural sector to minimize its role in climate change. Biodegradable mulch offers several benefits such as eco-friendliness and sustainability when compared to polyethylene (PE) mulch; least impact on soil biological and biogeochemical processes; reduced risk of microbial community changes and functioning via microclimate modification; elimination of labor costs and landfill disposal fees associated with removing and disposing PE mulch; lower environmental burden when compared to on-farm burning and stockpiling issues associated with PE mulches; cost effective, easy application, zero toxic residues in the soil and ensures agro ecosystem sustainability.
» Type (Black, Colored, Clear/Transparent, Degradable, Other Types) » Element (LLDPE, LDPE, EVA, PLA, PHA, Other Elements) » Application (Agriculture, Horticulture)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa


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