Mulching Materials Market Size Worth $7.96 Billion By 2032 | CAGR: 7.6%

Mulching Materials Market Size Worth $7.96 Billion By 2032 | CAGR: 7.6%


The global mulching materials market size is expected to reach USD 7.96 billion by 2032, according to a new study by Polaris Market Research. The report “Mulching Materials Market Share, Size, Trends, Industry Analysis Report, By Product Type (Organic Mulch and Inorganic Mulch); By Application; By Sales Channel; By Region; Segment Forecast, 2019 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing awareness about the need to adopt sustainable agriculture practices such as reducing water usage and minimizing the use of chemicals and increasing penetration for these materials to support sustainable agriculture by improving soil health, conserving moisture, and reducing weed growth, are the prominent factors fostering the market growth. Moreover, increasing government focus towards promoting the adoption of sustainable farming practices and growing number of companies implementing on new product innovations with advanced features, has been pushing the growth forward. 

For instance, in March 2023, Fecon, introduced its new skid steer disc mulcher, named “Disc Hawk”. It will help increasing productivity with the faster rougher cut and is also intended for mulching thicker vegetative materials at comparatively higher speed than traditional mulchers.

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The incorporation of precision farming technologies such as GPS-guided tractors and drones, are being widely used to apply mulching materials more precisely and efficiently that can help to reduce waste and improve crop yields is gaining huge traction globally. Beside this, advanced plastics like high-density polyethylene are also being utilized to make mulching materials more durable and long-lasting due to their properties that allow them to withstand harsh weather conditions and resist degradation from sunlight and other environmental factors.

Furthermore, with more people staying at home and trend of work form home is drastically emerging across the globe, there has been a surge in interest in gardening and home-based agriculture, which has led to an increase in demand for mulching materials from home gardeners and hobby farmers that will positively influence the demand for these materials in the near future.

Mulching Materials Market Report Highlights

  • Organic mulch segment accounted for largest market share in 2022, on account of increasing number of people shifting to sustainable farming practices from conventional practices
  • Horticulture segment held the maximum market revenue share in 2022, which is mainly driven by growing adoption of the material in greenhouse farming due to its ability to regulate moisture levels and temperature
  • Online stores segment is projected to grow at a high CAGR during the anticipated period, mainly due to rapid emergence of several online platforms and their effective ways to attract customers
  • North America region dominated the market with considerable share in 2022, owing to increasing popularity and prevalence of landscaping and trend among people to grow own at their home
  • The global key market players include Bailey Bark Materials, Cowart Mulch, Scoots Company, Woodland Mulch, Jolly Gardener, Alpine Materials, and Armando Alvarez.

Polaris Market Research has segmented the mulching materials market report based on product type, application, sales channel, and region:

Mulching Materials, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Organic Mulch
  • Inorganic Mulch

Mulching Materials, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Residential Applications
  • Gardens
  • Horticulture
  • Others

Mulching Materials, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • Modern Trade
  • Garden Supply Stores
  • Online Stores
  • Other Channels

Mulching Materials, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Mulching Materials Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 4.11 billion

Revenue forecast in 2032

USD 7.96 billion

CAGR

7.6% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Product Type, By Application, By Sales Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Cowart Mulch Products Inc., Bailey Bark Materials Inc., FKuR Kunststoff GmbH, The Scoots Company LLC, Woodland Mulch, Ohio Mulch, Jolly Gardener, Novamont S.p.A., Renewable Fiber Inc., Good Earth Garden, Alpine Materials, Agriplast Tech India, Lafayette Materials, The Mulch Center, BioBag International AS, British Polythene Industries PLC, and Armando Alvarez.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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