Water Soluble Packaging Films Market Scope
Water-soluble films are manufactured from polyvinyl alcohol (PVOH), which is a synthetic polymer and is soluble in water. Polyvinyl alcohol (PVA) is a colorless and odorless polymer with excellent tensile strength, flexibility, non-toxic characteristics, and adhesive qualities. Dyes, detergents, agrochemicals, and other products are commonly packaged using water-soluble films. They're also employed in the production of garbage bags, laundry bags, and shopping bags. Because of their gas barrier protection and resistance to oil and organic solvents, these films have a wide range of industrial uses. The global water-soluble market is growing due to the development of biodegradable water-soluble films. Furthermore, the packaging versatility that these films provide stimulates their demand, hence augmenting the market growth. Furthermore, these films are resistant to oil and organic solvents, boosting the market's growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Kuraray Co. Ltd. (Japan),, Sekisui Chemical Co. Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Aicello Corporation (Japan), Arrow Greentech Ltd. (India), Cortec Corporation (United States), Changzhou Greencradleland Macromolecule Materials Co. Ltd. (China), Guangdong Water Soluble Proudly Co. Ltd. (China) and AMC (United Kingdom) |
CAGR | % |
Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Water Soluble Packaging Films market throughout the predicted period.
Kuraray Co. Ltd. (Japan),, Sekisui Chemical Co. Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Aicello Corporation (Japan), Arrow Greentech Ltd. (India), Cortec Corporation (United States), Changzhou Greencradleland Macromolecule Materials Co. Ltd. (China), Guangdong Water Soluble Proudly Co. Ltd. (China) and AMC (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Huntingdon Fusion Techniques HFT (United Kingdom), Nissin Corporation (Japan), Acedag Limited (United Kingdom) and INFHIDRO (Spain).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Water Soluble Packaging Films market by Type , by Application (Agriculture Chemicals, Industrial Chemicals, Laundry Detergents, Disinfectants, Water treatment Chemicals and Others) and Region with country level break-up.
On the basis of geography, the market of Water Soluble Packaging Films 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).
region held largest market share in the year 2023.
October 2020 – Cortec Corporation announced the production of its patented EcoSol water soluble pouches at the company's European bioplastics plant located in Croatia. This expansion will aim to deliver and meet the needs of customers from Europe and Asia
Influencing Trend:
Edible Water Soluble film and Rise in Production and Packaging in Pharmaceutical Industry
Market Growth Drivers:
Growing Demand for Convenience Food Items and Growing Pharmaceutical Industry in Emerging Economies
Restraints:
Dynamic Regulatory Policies
Opportunities:
Focus of Governments on green Procurement Policies and Increased Demand from the Agriculture Industry
Key Target Audience
Network Companies, Research Institutes, IT Companies, End Users and Others