Water Soluble Packaging Market Scope
The water-soluble packaging market is expected to grow in the future due to the rising application of water-soluble packaging in multiple industries and the growing environmental concerns. Government initiative for banning single-use plastic boosting the demand for water-soluble packaging.
The market study is being classified by Type (Bags, Pouches and Pods & Capsules), by Application (Commercial Use and Residential Use) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Water Soluble Packaging market throughout the predicted period.
Lithey Inc. (India), Sekisui Chemicals (Japan), Mondi Group (Austria), Kuraray Co. Ltd. (Japan), Mitsubishi Chemical Holdings (Japan), Aquapak Polymer Ltd (United Kingdom), Aicello Corporation (Japan), Lactips (France), Cortec Corporation (United States), Acedag Ltd. (United Kingdom) and MSD Corporation (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are JRF Technology LLC (United States), Prodotti Solutions (United States) and Amtopak Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Water Soluble Packaging market by Type, Application and Region.
On the basis of geography, the market of Water Soluble Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Jan 2020, Aquapak Polymers Ltd is seeking US manufacturers who want to add an eco-, non-toxic and marine-safe alternative to their range of laundry bags. and Aquapak’s hot-water soluble polymer has been formulated using Aquapak’s special technology into a standard pellet which suitable for use in most traditional thermoplastic processing equipment.
Market Trend
- Growing Environmental Concerns across the Globe
Market Drivers
- Rising Demand for Sustainable and Eco-friendly Packaging Material
- High Demand in Chemical Industry for Administration and Storage of Chemicals
- Ban on Single-Use Plastics
Opportunities
- Innovations in the Water-soluble Packaging
- High Potnetaion for the Water Soluble Packaging in Emerging Countries
Restraints
Challenges
- Lack of Awareness among Consumers
Key Target Audience
Water-soluble Packaging Distributors, Water-soluble Films Manufacturers and Suppliers, Raw Material Manufacturers, Research Institutions, Government Bodies and End Users Industries
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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