Global Water Soluble Films Market Size study & Forecast, by Type, by Dissolution Rate, by End-User Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Water Soluble Films Market is valued at approximately USD 381.8 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.9% during the forecast period 2023-2030. Water Soluble Films are typically made from water-soluble polymers, such as Polyvinyl Alcohol (PVA), which can break down in the presence of water without leaving any residue. The primary characteristic of water-soluble films is their ability to dissolve or disperse in water, making them useful in various applications. The Water Soluble Films Market is expanding because of factors such as the rising demand for food and beverages and the growing demand for pharmaceuticals. As a result, the demand for Water Soluble Films has progressively increased in the international market during the forecast period 2023-2030.

Water-soluble films can be used in packaging to enhance food safety and freshness. The demand for packaging solutions that extend the shelf life of food and beverages can influence the adoption of water-soluble films. According to Statista, in 2021, the global market of functional foods and beverages reached USD 281.14 billion and is anticipated to grow at a compound annual growth rate of approximately 9.5% between 2021 to 2028. Another important factor that drives the Water Soluble Films Market is the increasing demand for pharmaceuticals. Water-soluble films can aid in the rapid disintegration of dosage forms, ensuring quick absorption of the medication. This can be crucial for certain pharmaceuticals that require rapid onset of action. In addition, as per Statista, in 2022, the global Pharmaceutical Market accounted to be USD 1.48 trillion. Moreover, the emergence of single-and unit-dose packaging and advancements in Water Soluble packaging are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost of water soluble films compared to conventional plastic films and lack of awareness is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Water Soluble Films Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increase in production of single-and unit-dose packaging in various end-use industries in the region. Water-soluble films provide a convenient and easy-to-use packaging solution, contributing to the trend of compact and portable packaging formats. The region's dominant performance is anticipated to propel the overall demand of Water Soluble Films. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as the rise in use of single and unit dose packaging and the rapid growth of the pharmaceutical industry in the region. Water-soluble films can contribute to efficient packaging processes, potentially reducing overall packaging costs. This can be an attractive proposition for pharmaceutical companies seeking both operational efficiency and cost savings.

Major market player included in this report are:

Mondi Group
Kuraray Co. Ltd.
Cortec Corporation
Arrow GreenTech Ltd.
Amtrex Nature Care Pvt Ltd
Aicello Corporation
Sekisui Chemical Co. Ltd.
Neptun Technologies GmbH
Mitsubishi Chemical Corporation
Harke Group

Recent Developments in the Market:

In June 2023, Mondi, a renowned force in sustainable packaging and paper solutions, launched SolmixBag, an innovative water-soluble bag tailored for the construction sector. It is crafted as a single-layer paper bag and serves as an ideal container for storing and transporting dry construction materials such as cement and dry mix mortar products. Uniquely designed to dissolve upon contact with water during the mixing process, the bag's fibers seamlessly integrate with the product, eliminating waste. This breakthrough not only curtails paper waste management costs also diminishes dust at construction sites. The simplicity of placing the bag directly into the mixer, without the need for prior opening, further enhances efficiency and convenience in construction processes.

Global Water Soluble Films Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Dissolution Rate, End-User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Cold Water-soluble Films
Hot Watersoluble Films

By Dissolution Rate

Fast Soluble Films
Medium Soluble Films
Difficult Soluble Films

By End-User Industry

Packaging
Textile
Pharmaceuticals
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Water Soluble Films Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Water Soluble Films Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Water Soluble Films Market, by Dissolution Rate, 2020-2030 (USD Million)
- 1.2.4. Water Soluble Films Market, by End-User Industry, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Water Soluble Films Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Water Soluble Films Market Dynamics

3.1. Water Soluble Films Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand for food and beverages
  - 3.1.1.2. Growing demand for pharmaceuticals
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of water soluble films compared to conventional plastic films
  - 3.1.2.2. Lack of awareness
- 3.1.3. Market Opportunities
  - 3.1.3.1. Emergence of single-and unit-dose packaging
  - 3.1.3.2. Advancements in Water Soluble packaging

Chapter 4. Global Water Soluble Films Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Water Soluble Films Market, by Type

5.1. Market Snapshot
5.2. Global Water Soluble Films Market by Type, Performance - Potential Analysis
5.3. Global Water Soluble Films Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Water Soluble Films Market, Sub Segment Analysis
- 5.4.1. Cold Water-soluble Films
- 5.4.2. Hot Watersoluble Films

Chapter 6. Global Water Soluble Films Market, by Dissolution Rate

6.1. Market Snapshot
6.2. Global Water Soluble Films Market by Dissolution Rate, Performance - Potential Analysis
6.3. Global Water Soluble Films Market Estimates & Forecasts by Dissolution Rate 2020-2030 (USD Million)
6.4. Water Soluble Films Market, Sub Segment Analysis
- 6.4.1. Fast Soluble Films
- 6.4.2. Medium Soluble Films
- 6.4.3. Difficult Soluble Films

Chapter 7. Global Water Soluble Films Market, by End-User Industry

7.1. Market Snapshot
7.2. Global Water Soluble Films Market by End-User Industry, Performance - Potential Analysis
7.3. Global Water Soluble Films Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Million)
7.4. Water Soluble Films Market, Sub Segment Analysis
- 7.4.1. Packaging
- 7.4.2. Textile
- 7.4.3. Pharmaceuticals
- 7.4.4. Others

Chapter 8. Global Water Soluble Films Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Water Soluble Films Market, Regional Market Snapshot
8.4. North America Water Soluble Films Market
- 8.4.1. U.S. Water Soluble Films Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Dissolution Rate breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-User Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Water Soluble Films Market
8.5. Europe Water Soluble Films Market Snapshot
- 8.5.1. U.K. Water Soluble Films Market
- 8.5.2. Germany Water Soluble Films Market
- 8.5.3. France Water Soluble Films Market
- 8.5.4. Spain Water Soluble Films Market
- 8.5.5. Italy Water Soluble Films Market
- 8.5.6. Rest of Europe Water Soluble Films Market
8.6. Asia-Pacific Water Soluble Films Market Snapshot
- 8.6.1. China Water Soluble Films Market
- 8.6.2. India Water Soluble Films Market
- 8.6.3. Japan Water Soluble Films Market
- 8.6.4. Australia Water Soluble Films Market
- 8.6.5. South Korea Water Soluble Films Market
- 8.6.6. Rest of Asia Pacific Water Soluble Films Market
8.7. Latin America Water Soluble Films Market Snapshot
- 8.7.1. Brazil Water Soluble Films Market
- 8.7.2. Mexico Water Soluble Films Market
8.8. Middle East & Africa Water Soluble Films Market
- 8.8.1. Saudi Arabia Water Soluble Films Market
- 8.8.2. South Africa Water Soluble Films Market
- 8.8.3. Rest of Middle East & Africa Water Soluble Films Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Mondi Group
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Kuraray Co. Ltd.
- 9.3.3. Cortec Corporation
- 9.3.4. Arrow GreenTech Ltd.
- 9.3.5. Amtrex Nature Care Pvt Ltd
- 9.3.6. Aicello Corporation
- 9.3.7. Sekisui Chemical Co. Ltd.
- 9.3.8. Neptun Technologies GmbH
- 9.3.9. Mitsubishi Chemical Corporation
- 9.3.10. Harke Group

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Water Soluble Films Market, report scope
TABLE 2. Global Water Soluble Films Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Water Soluble Films Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4. Global Water Soluble Films Market estimates & forecasts by Dissolution Rate 2020-2030 (USD Million)
TABLE 5. Global Water Soluble Films Market estimates & forecasts by End-User Industry 2020-2030 (USD Million)
TABLE 6. Global Water Soluble Films Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Water Soluble Films Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Water Soluble Films Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Water Soluble Films Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Water Soluble Films Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Water Soluble Films Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Water Soluble Films Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Water Soluble Films Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Water Soluble Films Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Water Soluble Films Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Water Soluble Films Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Water Soluble Films Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Water Soluble Films Market
TABLE 71. List of primary sources, used in the study of global Water Soluble Films Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Water Soluble Films Market, research methodology
FIG 2. Global Water Soluble Films Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Water Soluble Films Market, key trends 2022
FIG 5. Global Water Soluble Films Market, growth prospects 2023-2030
FIG 6. Global Water Soluble Films Market, porters 5 force model
FIG 7. Global Water Soluble Films Market, pest analysis
FIG 8. Global Water Soluble Films Market, value chain analysis
FIG 9. Global Water Soluble Films Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Water Soluble Films Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Water Soluble Films Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Water Soluble Films Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Water Soluble Films Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Water Soluble Films Market, regional snapshot 2020 & 2030
FIG 15. North America Water Soluble Films Market 2020 & 2030 (USD Million)
FIG 16. Europe Water Soluble Films Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Water Soluble Films Market 2020 & 2030 (USD Million)
FIG 18. Latin America Water Soluble Films Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Water Soluble Films Market 2020 & 2030 (USD Million)