Water Soluble Packaging Market Size & Share Report, Growth, Trends, 2032

Global Water Soluble Packaging Market Insights

According to Zion Market Research, the global Water Soluble Packaging Market was worth USD 3.32 Billion in 2023. The market is forecast to reach USD 5.54 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.84% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Water Soluble Packaging industry over the next decade.

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The report covers in-depth analysis of the strategies adopted by major competitors in the global Water Soluble Packaging market. To understand the competitive landscape in the global Water Soluble Packaging market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.

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Growing demand for biodegradable packaging and environmental & sustainability concerns among the consumers and multiple industries is expected to boost the growth of the Water Soluble Packaging market. Moreover, the government interventions of introducing a ban on the use of plastics that are adversely affecting the environment will drive the global Water Soluble Packaging market during the forecast timeframe. The rising adoption of water soluble packaging in myriad industries and the increasing problem of plastics waste generation in the region are anticipated to propel the global Water Soluble Packaging market. Furthermore, the need for a reduction in the use of single-use plastics and government efforts to ban its use is estimated to propel the Water Soluble Packaging market during the forecast period.

The increasing demand for water soluble packaging in the industries where the workers have to handle chemicals is the primary reason propelling the growth of water soluble packaging products in the industrial chemical category. The polymer-based water soluble packaging is being used on a large scale in the agriculture sector to shield harmful fertilizers to make it easier for the farmers to handle such toxic chemicals without coming in contact with it. Additionally, the FDA clearance for the use of polymers—PVOH (Polyvinyl alcohol)—is estimated to support the growth of the global Water Soluble Packaging market.

Global Water Soluble Packaging Market: Segmentation

The research study provides a decisive view on the global Water Soluble Packaging market based on Type, Technology, Food Tested, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2024 to 2032.

On the basis of raw material, the market for water soluble packaging market is divided into Polymer, Surfactant, and Fiber.

Based on end-use, the market is segregated into Industrial and Residential. In terms of solubility type, the global Water Soluble Packaging market is categorized into Cold Water Soluble and Hot Water Soluble.

By packaging type, the market is sectored into Bags, Pouches, and Pods & Capsules.

The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

Water Soluble Packaging Market: Report Scope

Global Water Soluble Packaging Market: Competitive Players

Some of the major players in the global Water Soluble Packaging market include-

• Aquapak Polymer Ltd.
• Aicello Corporation
• Kuraray Co. Ltd.
• Sekisui Chemicals
• Mondi Group
• Cortec Corporation
• Mitsubishi Chemicals Holdings

The report on the global Water Soluble Packaging market is segmented into:

Global Water Soluble Packaging Market: By Raw Material Segmentation Analysis

• Polymers
• Surfactants
• Fibers

Global Water Soluble Packaging Market: By End-Use Segmentation Analysis

• Industrial
• Food & Beverages
• Pharmaceuticals
• Agriculture
• Chemicals
• Water Treatment
• Residential

Global Water Soluble Packaging Market: By Packaging Type Segmentation Analysis

• Bags
• Pouches
• Pods & Capsules

Global Water Soluble Packaging Market: By Solubility Type Segmentation Analysis

• Cold Water Soluble
• Hot Water Soluble

Global Water Soluble Packaging Market: By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa