Global Mulch Films Industry Research Report 2023-2024 and 2030 - Growing Importance of Agricultural Innovation Lays the Foundation for Sustained Growth [Yahoo! Finance]
Berry Global Group, Inc. (BERY)
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Source: Yahoo! Finance
Global Mulch Films Market to Reach $10.2 Billion by 2030 The global market for Mulch Films estimated at US$6.6 Billion in the year 2023, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030. The growing importance of agricultural innovation sets the stage for sustained growth in the mulch films market. With increasing global investments in agricultural technologies, there is a strong momentum towards the adoption of innovative solutions in agriculture, as indicated by the trends in the global agri-tech market. Competition in the mulch films market is notable, with key competitors vying for market share, as reflected in the global key competitors' percentage market share in 2023. Black Mulch Films, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$4.1 Billion by the end of the analysis period. Growth in the Photo-Selective Mulch Films segment is estimated at 5% CAGR f
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