PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378676
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378676
Water Soluble Films Market, By Type, By Dissolution Rate, By End-User Industry, By Geography
The global water soluble films market was valued at US$ 381.8 Million in 2022 and is forecast to reach a value of US$ 649.6 Million by 2030 at a CAGR of 6.9% between 2023 and 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 381.8 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 6.90% | 2030 Value Projection: | US$ 649.6 Mn |
Water soluble films are widely used for unit-dose packaging of detergents, agrochemicals, food ingredients, pharmaceuticals, and water treatment chemicals. These films dissolve in water within minutes and leave no toxic residue in nature after its dissolution in water. These films are manufactured from polyvinyl resins and are synonymously called PVA or PVOH films. Water soluble films are ideal for a variety of packaging applications. The global water soluble films market is experiencing strong growth due to the rise in use of water soluble films, the increase in applications of water soluble films, and the rise in demand for detergent and disinfectant across the world. Moreover, an increase in the use of single-and unit-dose packaging in various end-use industries is expected to boost the growth of the market.
Market Dynamics:
A rise in use of water soluble films or increase in applications of water soluble films, increase in use of single and unit dose packaging in various end-use industries, the focus of governments on green procurement policies, and increasing applications in the powdered chemical in packaging sector are major factors expected to aid in the growth of the global water soluble films market.
For instance, in August 2022, TIPA and Aquapak teamed up to develop new compostable film solutions. TIPA will incorporate Aquapak's water-soluble polymer technology with the aim of delivering high-barrier and PVDC-free compostable films for packaging. Moreover, in October 2020, Cortec Corporation announced that its patented EcoSol water soluble pouches are now being manufactured at the company's European bioplastics plant in Croatia to meet the needs of European and Asian customers.
Key features of the study:
- This report provides in-depth analysis of the global water soluble films market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global water soluble films market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Mondi Group, Kuraray Co. Ltd., Cortec Corporation, Arrow GreenTech Ltd., AMC (UK) Ltd., Aicello Corporation, Sekisui Chemical Co. Ltd., Neptun Technologies GmbH, and Mitsubishi Chemical Corporation,
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global water soluble films market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global water soluble films market.
Water Soluble Films Market Detailed Segmentation:
- By Type:
- Cold Water-soluble Films
- Hot Water-soluble Films
- By Dissolution Rate:
- Fast Soluble Films
- Medium Soluble Films
- Difficult Soluble Films
- By End-User Industry:
- Packaging
- Textile
- Pharmaceuticals
- Other End-user Industries
- By Region :
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Company Profiles:
- Mondi Group
- Kuraray Co. Ltd.
- Cortec Corporation
- Arrow GreenTech Ltd.
- AMC (UK) Ltd.
- Aicello Corporation
- Sekisui Chemical Co. Ltd.
- Neptun Technologies GmbH
- Mitsubishi Chemical Corporation
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Dissolution Rate
- Market Snippet, By End-User Industry
- Market Snippet, By Geography
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rise in use of water soluble films in various end-use industries
- Supply chain disruptions due the outbreak of COVID-19
- Focus of governments on green procurement policies
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Water Soluble Films Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Water Soluble Films Market, By Type, 2018-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023- 2030
- Segment Trends
- Cold Water-soluble Films
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Hot Water-soluble Films
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
6. Global Water Soluble Films Market, By Dissolution Rate, 2018-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Fast Soluble Films
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Medium Soluble Films
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Difficult Soluble Films
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
7. Global Water Soluble Films Market, By End-User Industry, 2018-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Textile
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Other End-user Industries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
8. Global Water Soluble Films Market, By Region,2018-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Million)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Million)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Million)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Million)
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Million)
9. Competitive Landscape
- Mondi Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kuraray Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cortec Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Arrow GreenTech Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AMC (UK) Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Aicello Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sekisui Chemical Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Neptun Technologies GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mitsubishi Chemical Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us
