Global Mulch Films Market Was 6394.91 Million US$ In 2017
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The mulch films industry concentration is not high; there are many manufacturers in the world. In the world wide, giant manufactures mainly distribute in America, Europe and China, such as Shandong Qingtian Plastic, Harbin Suwu, Shandong Xinsu, Tianbao Plastic, Armando Alvarez Group, Barbier Group, AEP Industries and RKW Group, etc.
China is the main manufacturing country in the world. For after decades of development, the number of firms in China has been increasing to more than thousand in which there are many sizable companies. They are mainly distributed in Shandong, Gansu, Sichuan and Xinjiang areas where agricultural industry is prosperous.
The global sales of mulch films are increasing in the past five years. The sales volume will increase to 3238.6 K MT in 2018 from 2533.6 K MT in 2013 with CAGR of 5.04%. It is expected that the sales will increase to 4260.6 K MT in 2024.
The major raw materials for mulch films are polyethylene, EVA etc. Fluctuations in the price of the upstream product will impact on the production cost of mulch films, and then impact the price of mulch films.
We tend to believe this industry is a rising industry, and the sales increasing degree will show a smooth growth curve. The price presents fluctuation according to the economy development status. Also, there is fluctuation in gross margin.