At 6.4% CAGR, North America Greenhouse and Mulch Film Market is Projected to be Worth US$ 4,373.14 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the North America greenhouse and mulch film market was valued at US$ 2,662.11 million in 2022 and is expected to reach US$ 4,373.14 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Increasing use of greenhouse and mulch film for crop protection and yield improvement and growing demand for fruits & vegetables are among the critical factors attributed to drive the North America greenhouse and mulch film market growth.

The greenhouse film is a specialized plastic covering designed to create a controlled environment for plants. These films made from polyethylene allow sunlight to penetrate while trapping heat and creating a greenhouse effect. This controlled atmosphere protects crops from adverse weather conditions, pests, and diseases. Greenhouse films contribute to yield improvement by extending the growing season and providing a stable climate for plants. This allows for multiple cropping cycles in a year, leading to increased productivity. The insulation provided by these films helps maintain optimal soil temperature, promoting better root development and nutrient absorption. Consequently, farmers experience higher yields and improved quality of produce. Mulch films, on the other hand, are plastic sheets laid over the soil surface in open-field cultivation. These films serve multiple purposes in agriculture. One primary function is weed control, as they prevent weed growth by blocking sunlight and hindering weed germination. Additionally, these films minimize water evaporation from the soil, enhancing water use efficiency and reducing irrigation requirements. The expanding global population necessitating higher food production to meet the growing demand for sustenance, is a significant driver of the greenhouse and mulch films market. The United Nations estimates that the global population will increase by 2 billion people in the next 30 years; it will increase from 8 billion in 2022 to 9.7 billion by 2050. The population would peak at ~10.4 billion in the 2100. Thus, the increasing food demand has led to a surge in the agricultural sector. With a rise in the global population and the demand for food, agriculturists across the world are focusing on modifying farming practices to obtain high crop yields from smaller cultivation areas. Thus, crop protection and yield enhancement are the key focus areas of the agricultural sector, which signifies the continuous need for greenhouse and mulch film in the agriculture sector. Climate change is also another critical factor contributing to the rising demand for greenhouse and mulch films. Fluctuating weather patterns, extreme events, and changing pest dynamics have heightened the vulnerability of crops to various stressors. Farmers are increasingly adopting protective measures to shield their crops from adverse weather conditions, pests, and diseases, which can significantly impact yields. The unpredictability of climate patterns underscores the importance of proactive strategies to safeguard crops and maintain consistent productivity, further driving demand for greenhouse and mulch films.

On the contrary, the growing concerns related to microplastic pollution hampers the growth of North America greenhouse and mulch film market.

Based on product type, the North America greenhouse and mulch film market is bifurcated greenhouse film and mulch film. The mulch film segment held 68.9% market share in 2022, amassing US$ 1,834.07 million. It is projected to garner US$ 2,947.11 million by 2030 to register 6.1% CAGR during 2022-2030.

In terms of material, the North America greenhouse and mulch film market is categorized into LLDPE, LDPE, HDPE, EVA, PHA, PVC, PC, and others. The LDPE segment held 26.6% share of North America greenhouse and mulch film market in 2022, amassing US$ 708.60 million. It is anticipated to garner US$ 1,173.53 million by 2030 to expand at 6.5% CAGR during 2022-2030.

By application, the North America greenhouse and mulch film market is segmented into vegetable farming, horticulture, floriculture, and others. The vegetable farming segment held 41.0% share of North America greenhouse and mulch film market in 2022, amassing US$ 1,090.77 million. It is projected to garner US$ 1,779.68 million by 2030 to expand at 6.3% CAGR from 2022 to 2030.

Based on country, the North America greenhouse and mulch film market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 74.1% share of North America greenhouse and mulch film market in 2022. It was assessed at US$ 1,972.43 million in 2022 and is likely to hit US$ 3,292.35 million by 2030, registering a CAGR of 6.6% during 2022-2030.

Key players operating in the North America greenhouse and mulch film market are AA Politiv (1999) Ltd, BASF SE, Berry Global Group Inc, Dow Inc, Ginegar Plastic Products Ltd, and RKW SE, among others.

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