The foremost objective of this new report by Fact.MR on mulching material is to pitch insights on the market scenario, demand generators, and technological advancements in this space. The report provides a taxonomy elaborating on key segments.
The report also outlines visionary insights on the dynamics of the market, including the drivers, restraints, opportunities, trends and pricing analysis, along with key success factors. Market trends have been tracked in 20+ high-growth countries, pointing towards countries in North America, Europe, and East Asia holding bulk of the market share.
Key highlights – The global mulching material market value is projected to surpass US$ 3 Bn in 2021, and expand at a CAGR of around 7% over the next ten years, with demand highest for horticulture and gardening purposes.
Market Overview:-
Constantly soaring gardening culture among millennials and growing horticulture sector are expected to lead to massive demand for mulching material over the decade. Shifting preferences and increasing disposable income will lead to a surge in the number of gardening lawns and horticulture farms, which is likely to contribute to market growth during the forecast period of 2021 to 2031.
Additionally, numerous end-use verticals such as public gardens, corporate gardens, resorts, and many more are anticipated to adopt mulching material at a faster pace, as this material finds potential to act as an athletic alternate for various harmful pesticides.
It has been seen that demand for pine needle munch as well as demand for demand of wood and grass clipping mulch has been gradually rising. In some countries, wood shredding mulch demand is also seeing an upward trend.
Click Here To get a Sample Report (Including Full TOC, Table & Figures):- https://www.factmr.com/connectus/sample?flag=S&rep_id=1005
The Demand analysis of Mulching Materials Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Mulching Materials Market across the globe.
A comprehensive estimate of the Demand of Mulching Materials market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Mulching Materials during the forecast period. Price point comparison by region with the global average price is also considered in the Survey study of Mulching Materials market.
Historical Performance Vs. Future Market Outlook
From, 2016 -2020, demand for mulching material exhibited steady growth at a CAGR of 7.9%. Gardening lawns and horticulture farms played a major role in driving demand.
Valuation of the market elevated from US$ 2.6 Bn in 2016 to US$ 3 Bn in 2020. According to extensive analysis by the team of Fact.MR having expertise in the consumer goods space, demand for mulching material will remain on the higher side over the coming years.
Mounting agriculture industry owing to regional government initiatives and various subsidiary programs will further strengthen demand for mulching material over the assessment period.
This is due to the fact that, the agriculture industry has witnessed a steady growth rate over the last several decades. It is presumed that it will remain in this high growth trajectory owing to constantly increasing population along with rising disposable income, especially among millennials across the globe, which will propel demand for mulching material.
Prominent players in the market are operating aggressively and strengthening their distribution and sales networks. Extensive investments are being made to enhance their infrastructure with a vision to acquire a large chunk of the market share.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into Sales revenue estimations and projections in the Market Insights of Mulching Materials.
Key stakeholders in Mulching Materials Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
Key Highlights from the Insights Report of Mulching Materials Market:
- Elaborated scenario of the parent market
- Transformations in the Demand of Mulching Materials market dynamics
- Detailed segmentation of the target market.
- Historical, current and forecast of Mulching Materials market size based on value and volume
- Latest industry developments and Market trends of Mulching Materials
- competitive analysis of Mulching Materials Market
- Strategies adopted by the Mulching Materials market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on market size of Mulching Materials
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
The latest research report published by Fact.MR on the Survey of Mulching Materials Market is intended to offer reliable data on various key factors shaping the growth curve & outlook of Mulching Materials market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.
The Market survey of Mulching Materials offers a comprehensive analysis of diverse features, including production capacities analysis &Insights of Mulching Materials Market, demand of Mulching Materials market, product developments, revenue generation, and Size of Mulching Materials Market across the globe.
Key Market Segments Covered
-
Product Type
- Organic Mulching Material
- Barked, Shredded or Chipped
- Pine Needles
- Grass Clippings
- Shredded Leaves
- Straw
- Inorganic Mulching Material
- Black Plastic
- Landscape Fabric
- Stones/Gravel
- Others
-
By Material
- Mulching Material for Residential Applications
- Mulching Material for Gardens
- Public Gardens
- Corporate Gardens
- Hotels and Resort Gardens
- Mulching Material for Horticulture
- Others
-
By Sales Channel
- Mulching Material Sold through Modern Trade
- Mulching Material Sold through Garden Supply Stores
- Mulching Material Sold through Online Stores
- Mulching Material Sold through Other Channels
-
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
How has COVID-19 Impacted Market Expansion?
Nearly two quarters of 2020 created numerous impediments in the supply chain of every industry, due to either full or partial lockdowns. Apart from this, the coronavirus outbreak disrupted freight transport, business travel, and other services that rely on presence of individuals abroad.
However, the scenario for mulching material is different, and the market was comparatively not thumped like most other sectors, because of the applicability of mulch in agriculture and gardening—spaces that have continued to function even during the pandemic.
Buy Now for Exclusive Analyst Support :- https://www.factmr.com/checkout/1005
Which Region Offers Great Potential for Mulching Material?
Globally, the market for mulching material exhibits great potential in East Asia, with demand concentrated from China and Russia, owing to comparatively high involvement in agricultural activities and steep crop yield. Further, growing number of horticulture farms is pushing demand for mulching material, which has provided an impetus to the market.
Further, South Asia is looking like the most lucrative after East Asia, due to high dependency of the population on the agriculture sector, which contributes a giant share in regional GDP.
The North American market is poised to expand at a CAGR of around 7% over the forecast period. The U.S is the most prominent country in North America, presumed to exhibit exponential growth owing to high crop yield and vast agriculture industry, which provides an upper edge to the country as far as mulching material sales are concerned.
What are the Constraints for Mulching Material Manufacturers?
Traditional polythene or plastic mulches are utilized broadly for yield creation; however, rising awareness among consumers and increasing government guidelines–for example mandating the expulsion of PVC-based mulches before the finish of the season–have led to restrictions on the use of plastic mulches. Plastic mulches retain an enormous amount of heat, which is unsafe for the plants.
Plastic mulches also diminish the soil dissipation rate, which can cause the plants to suffocate. Another factor that diminished the utilization of plastic mulch is when manuring the land. The left over or undisposed plastic causes stunted growth in plants due to lack of oxygen and nutrients.
Thus, government regulations strictly enforce the removal of plastic mulches after every growing season. This is one factor that may restrict overall market growth to some extent over the coming years.
Some Notable Offerings by Fact.MR Report on Mulching Materials market:
- We will provide you an analysis of the extent to which this Outlook of Mulching Materials market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
- We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
- Also, Outlook of Mulching Materials market research report will help you to identify any trends to forecast growth rates.
- The analyzed report will forecast the general tendency for supply and demand of Mulching Materials market.
Competitive Analysis of Mulching Materials Market:
Aforementioned players rely on a blend of organic and inorganic strategies to deepen penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions, and strengthening of regional and global distribution networks.
How Fact.MR Assists in Making Strategic Moves For Mulching Materials Market Manufacturer?
The data provided in the Survey Report of Mulching Materials market offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
Which Mulching Material Accounts for High Demand?
Mulches are available in organic and inorganic forms, where organic mulch includes pine needles, wood and grass clippings, wood shredding, sawdust, and other products. Inorganic mulches comprise gravel and pebbles, limestone, black plastic, and landscape fabric. However, plastic continuously faces criticism due to the nature of non-biodegradable mulching material and the harm it causes to plants if used by homeowners.
According to the National Organic Program, only petroleum-based plastics can be deployed in fields, provided they are disposed of after the growing season. Biodegradable mulching material that is derived from oxidation by yeast, fermentation by bacterial enzymes, and many others could eventually disrupt the conventional plastic mulches market. These mulches will offer similar properties as plastics but they will be easy to dispose of without causing an environmental imbalance.
How Big is the opportunity for Mulching Material in Gardens?
Gardens outside government buildings, offices, municipalities, public areas, and a few private properties are often embellished with mulches. This helps in the ornamentation of the gardens and makes them appealing to the eyes of citizens. Use of mulching material in organic farming and gardening promotes long lifespan of perennial plants, as it protects the topsoil from erosion and furnishes it with nutrients after undergoing decomposition.
Demand for mulches is soaring because of their utility in controlling the temperature of the soil as well as controlling frost during unfavorable conditions. Jolly Gardener, The Scott Company, Cowart Mulch Products Inc., and others are players that are pushing consumption of mulching material in garden areas to suppress soil compaction caused by pressure, which is maintained by a layering of sufficient mulch materials over the topsoil.
Some of the Mulching Materials Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
- Details regarding latest innovations and development in Mulching Materials and how it is gaining customer traction during the forecast period.
- Analysis about the customer demand of the products and how it is likely to evolve in coming years.
- Latest regulations enforced by government bodies and local agencies and their impact on Demand of Mulching Materials Market .
- Insights about adoption of new technologies and its influence on the Mulching Materials market Size.
- Overview of the impact of COVID-19 on Mulching Materials Market and economic disruptions caused by the pandemic.
- Evaluates post-pandemic impact on the Sales of Mulching Materials Market during the forecast period.
Request Customized Report as Per Your Requirements – https://www.factmr.com/connectus/sample?flag=RC&rep_id=1005
What Makes China a Huge Market for Mulching Material?
China is the growth epicenter for the mulching material market owing to its immense agriculture capability and high crop yield. Inorganic mulching material holds a massive share due to the effect on soil warming, weed control, and moisture conservation. Mulching material aids in enhancing crop yield by 20-30% depending upon the type of crop.
China has witnessed exponential growth in the past three decades owing to its agricultural technology and science. It is expected that China will remain in this high growth trajectory through 2031.
Will is Importance of Mulching in Agriculture Increasing across India?
India is one of the most prominent countries in the agricultural sector, and is presumed to hold this position in future as well. The huge population in the country massively relies on the agricultural sector, which may elevate the requirement of mulching material over the coming years. Numerous government aids and regulations are there to supplement growth of the agriculture sector in the country.
It has also been observed that demand from horticulture farms is steadily surging over the last decade, which will complement market growth over the assessment period.
Will Demand for Mulching Material Keep Increasing in the U.S?
The U.S will remain a prominent market for mulching material, amid the government’s strong push towards developing sustainable infrastructure for the agricultural sector. Moreover, the U.S is also witnessing high demand from the gardening sector. From small-space agriculture of early America to small-space edibles of today, home gardens continue to evolve. In the early 1700s, American dwellers relied on productivity through home gardens. In the 1980s, gardens became an extension of homes, rather than a separate area. All these factors are pushing demand for mulching material in agriculture across the U.S.
After reading the Market insights of Mulching Materials Report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
- Analyze key regions holding significant share of total Mulching Materials market revenue.
- Study the growth outlook of Mulching Materials market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use & supply side analysis of Mulching Materials market .
- Investigate the recent R&D projects performed by each market player & competitive analysis of Mulching Materials Market Players.
Read More Trending Reports of Fact.MR: https://www.globenewswire.com/en/news-release/2019/07/31/1894823/0/en/Soaring-Demand-for-Absorption-Chillers-as-Energy-Efficient-Alternatives-Support-Process-Chillers-Market-Growth-2018-to-2027.html
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Mulching Materialsnning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com