The global demand for Water Soluble Films Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Ton in 2021 and forecast to touch XX Ton by 2028 with a CAGR of XX% during 2022-2028.
Water soluble films refer to the synthetic polymers which are soluble in water. It is a protective and safe packaging. Water-soluble films allow the creation of water-soluble unit doses that are economical, ecological and have practical packaging. They are also known as polyvinyl alcohol (PVA/PVOH) films. They are widely used for specific unit packaging of agrochemicals, detergents, food ingredients, water treatment chemicals, and others. They have no risk of product loss by spilling as well as avoid dust inhalation. They provide safe handling of hazardous substances and no contamination of outer packaging. Water soluble films are also used in embroidery and laundry bag manufacturing.
Market Dynamics
The key factor driving the demand for water soluble films market is the growing pharmaceutical industry. Shifting consumer preferences towards eco friendly packaging and other applications in agricultural and composting industries are contributing to the growth of this market. Increasing use of water-soluble films for detergent packaging is boosting the demand for this market. Moreover, the optimistic government attitude towards green procurement policies is expected to create lucrative growth opportunities for this market in the upcoming years. Rising demand for customised products and support for minimising chemical wastage are further pushing the demand for this market. However, the high cost of production of water soluble films can hamper the growth of this market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of water soluble films. The growth and trends of Water Soluble Films Industry provide a holistic approach to this study.
Market Segmentation
This section of the water soluble films market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Cold Water Soluble Films
- Hot Water Solube Films
By Application
- Detergent Packaging
- Agrochemical Packaging
- Water Treatment Chemical Packaging
- Laundry Bag
- Dye Packaging
- Embroidery
- Food Packaging
- Pharmaceutical
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Water Soluble Films market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Water Soluble Films Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the water soluble films market include Kuraray Co. Ltd. (Japan), Sekisui Chemical Co. Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Aicello Corporation (Japan), Arrow Greentech Ltd. (India), Cortec Corporation (US), Changzhou Greencradleland Macromolecule Materials Co. Ltd. (China), Guangdong Water Soluble Proudly Co. Ltd. (China), and AMC (UK) Ltd and Noble Industries Inc. (India). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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