The growing demand of mulching materials in the organic horticulture and other major driving factors is expected to favour the rise in the global mulching materials market
Reports and Insights has published a new report titled, “Mulching Materials Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Mulching Materials Market, By 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 (Residential Applications, Gardens (Public Gardens, Corporate Gardens, Hotels and Resort Gardens), Horticulture, Others), By Sales Channel (Modern Trade, Garden Supply Stores, Online Stores, Other Channels) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global mulching materials market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
The approach of coating the exterior surface of the ground by a covering of a few external materials is popularly known as mulching and the material used for coating the surface is termed as ‘Mulch.’ Mulching is generally performed when cultivating commercially significant crops, vegetables, fruit trees, nursery saplings, flowers, and many more. It majorly serves its utility in yard gardening, containers & raised beds of home gardens.
The rising demand of mulching materials in present day’s organic horticulture all around the world is majorly projected to accelerate the growth of the global mulching materials market in the following years. In addition to that, the growing demand of processes like mulching in residential settings as well as in public gardens as well as commercial spaces is further boosting the demand of mulching materials all across the global markets.
There is a constantly rising trend of gardening culture among millennials, which is also playing a major role in propelling the market growth. Attributing to which, the global mulching materials market is expected to witness significant growth in the forthcoming years. Moreover, the numerous beneficial attributes of mulching including enhancing soil structure, reducing weed development and control, safeguarding roots from extreme temperatures, and assisting in controlling soil erosion, is further estimated to provide swift growth to the global mulching materials market over the coming years.