The surge in demand for environmentally friendly products along with increasing concerns of the environment and sustainability is popularly driving the need for bio-degradable alternative in various industries. The increasing movements taken for eliminating plastic use specially for packaging as the packaging industry is the biggest user of plastic for single-use packaging. Increasing public awareness regarding the harmful effects of plastic use coupled with strategic initiatives take by private institutions as well as government in order to restrict plastic use is exponentially driving the growth of the water-soluble packaging market. Water soluble packaging is derived from various raw materials.
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The raw materials used to process the packaging material is classifies into polymers, surfactants and fiber. The most dominating segment being the polymers is expected to project higher growth rate during the forecast period owing to the surge in market need for sustainable packaging solutions. Polyvinyl alcohol (PVOH) is a very popular raw material used in processing of water-soluble packaging films owing to its hydrophilic nature. Along with this, the PVOH packaging materials are effectively used in the agricultural sector as well to store harmful fertilizers enabling safer and convenient use for farmers without coming in contact of toxic substances.
Wide range of industries implying to non-plastic packaging strategies including food, chemical, agriculture and others. The chemical industry holds largest market in the water-soluble packaging market owing to its basic advantage of barrier between the user and the toxic components. The replacement of plastic packaging is primarily due to the waste generated during processing is huge and as a result the disposal cost is equally large. Largest market share of the water-soluble packaging market is attributed to North America owing to the largest packaging environment with increasing adoption of sustainable packaging products abiding by the no plastic movements.
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Important Companies in Global water-soluble packaging market: Lithey Inc. (India), Mondi Group (Austria), Sekisui Chemicals (Japan, Kuraray Co. Ltd. (Japan), Mitsubishi Chemical Holdings (Japan), Aicello Corporation (Japan), Aquapak Polymer Ltd (UK), Lactips (France), Cortec Corporation (US), Acedag Ltd. (UK), MSD Corporation (China), Prodotti Raw material (US), JRF Technology LLC (US), Amtopak Inc. (US)
Key Segments of the Global Water-Soluble Packaging Market
Material Overview, 2018-2028 (USD Million) (Kilo Tons)
- Polymer
- Surfactant
- Fiber
End-use Method, 2018-2028 (USD Million) (Kilo Tons)
- Industrial
- Residential
Solubility type 2018-2028 (USD Million) (Kilo Tons)
- Cold water soluble
- Hot water soluble
Regional Overview, 2018-2028 (USD Million) (Kilo Tons)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
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Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global Water Soluble Packaging Market. The report will benefit: Every stakeholder involved in the Water Soluble Packaging Market.
- Managers within the field service management industry looking to publish recent and forecasted statistics about Water Soluble Packaging Market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global Water Soluble Packaging Market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
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Über Adroit Market Research
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients‘ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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