On July 2018, as per an article published by European Bioplastics E.V., a new European standard EN 17033 on biodegradation of plastic mulch films in agriculture, which is developed by CEN-Technical Committee 249 on Plastics
The article cited AMA's "Global Mulch Films Market Study" explored substantial growth of %. According to the report, Technological Advancement in Modern Mulch Films
is one of the primary growth factors for the market. Rising Global Population Worldwide
is also expected to contribute significantly to the Mulch Films market. Overall, Clear/Transparent
applications of Mulch Films, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Crop Type, such as Fruits and vegetables, is boosting the Mulch Films market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Plastic Type, such as LDPE (low-density polyethylene), is boosting the Mulch Films market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mulch Films market identified that the demand is rising in many different parts of the world as "Mounting Demand from Emerging Economics such as India, China and others
". Furthermore, some recent industry insights like "On March 2010, the MKV Dream Co., Ltd (Japan) had launched sales of biodegradable mulch film for agriculture. This strategy will help in strengthening the position of the company" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Mulch Films market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mulch Films market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mulch Films market size is calculated using market estimation process, the Mulch Films market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mulch Films market size has been validated using both top-down and bottom-up approaches.