Chemicals and Materials Water Soluble Packaging Market Fore...

Water Soluble Packaging Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Raw Material (Polymers, Fibers, Surfactants); Product Type (Pouches, Films, Bags, Others); Solubility Type (Hot Water Soluble, Cold Water Soluble); Application (Industrial, Residential)

Publication Month: Apr 2020 | Report Code: TIPRE00008583 | No. of Pages: 191 | Category: Chemicals and Materials | Status: Published
Covid

The water soluble packaging market was valued at US$ 2,751.00 million in 2018 and is projected to reach US$ 4,295.57 million by 2027; it is expected to grow at a CAGR of 5.1% from 2019 to 2027.

 

Water soluble packaging made from biodegradable materials that dissolve in water leaving behind a harmless and nontoxic aqueous solution. Better solubility in water with minimum residue and good impact resistance makes them a favorable packaging material in a number of industries. Water soluble packaging products such as films, bags and pouches are produced from polyvinyl alcohol (PVOH), which is a synthetic polymer highly soluble in water. It is manufactured in different grades, including cold water soluble PVA and hot water soluble PVA. PVA is an odorless and colorless polymer, which possesses high tensile strength, flexibility, and nontoxic and adhesive properties. This type of packaging is generally used in the packaging of dyes, detergents, agrochemicals, and other industrial chemicals. In addition, they are used in the manufacture of disposal bags, laundry bags, and shopping bags. The demand for water soluble packaging is expected to increase globally with the rising demand from industries such as chemicals, food & beverages, personal care, and cosmetics. Moreover, growing awareness among people regarding the need for the reduction of single-use plastics usage, coupled with government interventions to ban their use, drives the water soluble packaging market. Robust R&D investments, leading to technological advancements, are expected to have a positive impact on the production of water soluble packaging in the coming years.

 

North America accounts for the largest share of the global water soluble packaging market. The growth of this market is primarily attributed to rapid growth in the pharmaceuticals, food & beverages, chemicals, and healthcare sectors in the US and Canada. Rising demand for sustainable packaging options, along with stringent government regulations pertaining to the use of single-use plastics, is the major factor driving the water soluble packaging market in North America. Additionally, the governments of the North American countries also take initiatives for promoting the use of sustainable packaging. The region also has the presence of major water soluble packaging manufacturers such as Cortec Corporation, SmartSolve Industries, and Amtopack, inc.

 

Impact of COVID-19 Pandemic on Water Soluble Packaging Market

COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread across the globe at a rapid pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among countries that have been the worst affected by this pandemic, in terms confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the water soluble packaging market due to shutting down of factories, discontinuation of supply chain, and downturn in the world economy.

 

Global Water Soluble Packaging Market

Global Water Soluble Packaging Market

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Market Insights

Rising demand for sustainable packaging

Sustainable packaging is produced from biodegradable raw materials and help in reducing the environmental harm. Growing public awareness about environmental concerns has resulted in higher demand for sustainable packaging and processing operations in the developed and developing countries. Moreover, the growth in various industries and factories has increased the demand for a sustainable packaging solution over the past few years. As the packaging industry has the biggest impact on the environment, the demand for eco-friendly packaging solutions drives the growth of water soluble packaging market. Issues pertaining to environment protection, sustainability, ethics, safety, product cost, and quality are becoming important for consumers when purchasing products. Rising awareness among the consumers related to the impact of the use of conventional plastic on environments is surging the demand for sustainable packaging products. Moreover, increasing demand for sustainable packaging leads to a growth of water soluble packaging market. Rising demand for water soluble packaging is mainly attributed to the fact that this type of packaging is environmental friendly and is 100% biodegradable.

 

Raw Material-Based Market Insights

The water soluble packaging market, based on raw material, has been segmented into polymers, fibers and surfactants. The polymers segment accounted for the largest share of the market in 2018; the market for the fibers segment is expected to grow at the highest CAGR during the forecast period. The growth of the polymer segment is mainly attributed to the increasing use of polymer-based water soluble packaging that provides environment-friendly and sustainable packaging solutions in multiple applications. For instance, PVA is a clear and water soluble thermoplastic derived from polyvinyl acetate. It is hydrophilic in nature, and thus, it is used as a perfect raw material for manufacturing of water soluble films and packaging.

 

Water Soluble Packaging Market, by Raw Material – 2018 and 2027

Water Soluble Packaging Market, by Raw Material – 2018 and 2027

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Product Type-Based Market Insights

The water soluble packaging market, based on packaging, is segmented into pouches, films, bags, and other product types. In 2018, the pouches segment accounted for the largest share of the market, whereas the bags segment is expected to register the fastest CAGR during the forecast period. Growing demand for sustainable packaging options from the food & beverages and personal care industries is the key factor leading to a surge in demand for water soluble pouches. Further, rising awareness among consumers in developed and developed countries about green technology is driving the demand for water soluble pouches.

 

Solubility Type-Based Market Insights

The water soluble packaging market, based on solubility type, is segmented into hot water soluble and cold water soluble. In 2018, the hot water soluble segment dominated the global water soluble packaging market, whereas the cold water soluble segment is expected to register a higher CAGR during 2019–2027. The higher pace of the market for cold water soluble segment is mainly attributed to the wide usage of this type in various applications, such as agrochemical packing, herbicide packing, cleansing products packing, laundry covering, and water transferred printed films.

 

Application-Based Market Insights

The water soluble packaging market, based on application, is segmented into industrial and residential. In 2018, the Industrial segment dominated the global water soluble packaging market, whereas the market for the residential segment is expected to grow at a higher CAGR during 2019–2027. The increased demand for water soluble packaging in industrial applications is ascribed to the associated benefits, specifically in the industries where the workers need to deal with harmful chemicals. The water soluble packaging provides a safer option for workers to handle such chemicals. Most of the industries in developed and developing countries are avoiding the usage of plastics as it generates a lot of waste, consumes large space in storage, and incur large amount of disposal costs. Instead use of water soluble material for packaging leads to the reduction of cost of labor in cleaning and makes the manufacturing process more sustainable. These factors are boosting the demand for water soluble packaging in the industrial application.


Strategic Insights

Product development is the commonly adopted strategies by companies to expand their product portfolio. Kuraray Co., Ltd., SmartSolve Industries, and Mondi Group are among the market players implementing this strategy to enlarge the customer base and gain significant market share globally, which, in turn, permits them maintain their brand name in the global market.

 

Report Spotlights

  • Progressive industry trends in the global water soluble packaging market that help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global water soluble packaging market from 2017 to 2027
  • Estimation of global water soluble packaging demand across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the market competition and global demand
  • Market trends and outlook, coupled with factors driving and restraining the growth of the global market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to global water soluble packaging market growth
  • Global water soluble packaging market size at various nodes of market
  • Detailed overview and segmentation of the global water soluble packaging market, as well as its dynamics in the industry
  • Global water soluble packaging market size in various regions with promising growth opportunities

 

Water Soluble Market Segmentation:


Water soluble packaging Market – By Raw Material

  • Polymers
  • Fibers
  • Surfactants


Water soluble packaging Market – By Product Type

  • Pouches
  • Films
  • Bags
  • Others


Water soluble packaging Market – By Solubility Type

  • Hot Water Soluble
  • Cold Water Soluble


Water soluble packaging Market – By Application

  • Industrial
  • Residential

 

Company Profiles

  • AMTOPACK INC. 
  • Changzhou Kelin PVA Water Soluble Films Co., Ltd 
  • Cortec Corporation 
  • HARKE GROUP 
  • Jiangmen Cinch Packaging Materials Co., Ltd 
  • Kuraray Co., Ltd 
  • Mitsubishi Chemical Corporation 
  • Mondi Group 
  • SEKISUI CHEMICAL CO., LTD 
  • SmartSolve Industries 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.             Water Soluble Packaging Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM PEST Analysis

4.3       Expert Opinion

5.             Water Soluble Packaging Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Ban on Single-Use Plastics

5.1.2        Rising Demand for Sustainable Packaging

5.2       Market Restraints

5.2.1        High Production Cost of Water Soluble Packaging

5.3       Market Opportunities

5.3.1        Increasing Demand for Personal Care and Cosmetic Application

5.4       Future Trends

5.4.1        Introduction of Plant-Based Raw Material Sources for Production of Water Soluble Packaging

5.5       Impact Analysis Of Drivers And Restraints

6.             Water Soluble Packaging – Global Market Analysis

6.1       Water Soluble Packaging Market Overview

6.2       Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

6.1       Market Positioning – Global Market Players

7.             Water Soluble Packaging Market Analysis – By Raw Material

7.1       Overview

7.2       Water Soluble Packaging Market, By Raw Material (2018 and 2027)

7.3       Polymers

7.3.1        Overview

7.3.2        Polymers: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

7.4       Fibers

7.4.1        Overview

7.4.1.1      Fibers: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

7.5       Surfactants

7.5.1        Overview

7.5.1.1      Surfactants: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

8.             Water Soluble Packaging Market Analysis – By Product Type

8.1       Overview

8.2       Water Soluble Packaging Market, By Product Type (2018 and 2027)

8.3       Pouches

8.3.1        Overview

8.3.1.1      Pouches: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

8.4       Films

8.4.1        Overview

8.4.1.1      Films: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

8.5       Bags

8.5.1        Overview

8.5.1.1      Bags: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

8.6       Others

8.6.1        Overview

8.6.1.1      Other Product Type: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

9.             Water Soluble Packaging Market Analysis – By Solubility Type

9.1       Overview

9.2       Water Soluble Packaging Market, By Solubility Type (2018 and 2027)

9.3       Hot Water Soluble

9.3.1        Overview

9.3.2        Hot Water Soluble: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

9.4       Cold Water Soluble

9.4.1        Overview

9.4.2        Cold Water Soluble: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

10.          Water Soluble Packaging Market Analysis – By Application

10.1    Overview

10.2    Water Soluble Packaging Market, By Application (2018 and 2027)

10.3    Industrial

10.3.1     Overview

10.3.2     Industrial: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

10.4    Residential

10.4.1     Overview

10.4.2     Residential: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

11.          Water Soluble Packaging Market – Geographic Analysis

11.1    Overview

11.2    North America: Water Soluble Packaging Market

11.2.1     North America:Water Soluble PackagingMarket –Revenue and Forecast to 2027(US$ Mn)

11.2.2     North America :Water Soluble Packaging Market, by Raw Material

11.2.3     North America: Water Soluble Packaging Market, by Product Type

11.2.4     North America: Water Soluble Packaging Market, by Solubility Type

11.2.5     North America: Water Soluble Packaging Market, by Application

11.2.6     North America: Water Soluble Packaging Market, by Key Country

11.2.6.1    US: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.2.6.1.1    US: Water Soluble Packaging Market, by Raw Material

11.2.6.1.2    US: Water Soluble Packaging Market, by Product Type

11.2.6.1.3    US: Water Soluble Packaging Market, by Solubility Type

11.2.6.1.4    US: Water Soluble Packaging Market, by Application Type

11.2.6.2    Canada: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.2.6.2.1    Canada: Water Soluble Packaging Market, by Raw Material

11.2.6.2.2    Canada: Water Soluble Packaging Market, by Product Type

11.2.6.2.3    Canada: Water Soluble Packaging Market, by Solubility Type

11.2.6.2.4    Canada: Water Soluble Packaging Market, by Application

11.2.6.3    Mexico: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.2.6.3.1    Mexico: Water Soluble Packaging Market, by Raw Material

11.2.6.3.2    Mexico: Water Soluble Packaging Market, by Product Type

11.2.6.3.3    Mexico: Water Soluble Packaging Market, by Solubility Type

11.2.6.3.4    Mexico: Water Soluble Packaging Market, by Application

11.3    Europe: Water Soluble Packaging Market

11.3.1     Europe: Water Soluble Packaging Market –Revenue and Forecast to 2027(US$ Mn)

11.3.2     Europe: Water Soluble Packaging Market, by Raw Material

11.3.3     Europe: Water Soluble Packaging Market, by Product Type

11.3.4     Europe: Water soluble packaging Market, by Solubility Type

11.3.5     Europe: Water soluble packaging Market, by Application

11.3.6     Europe: Water Soluble Packaging Market, by Key Country

11.3.6.1    Germany: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.3.6.1.1    Germany: Water Soluble Packaging Market, by Raw Material

11.3.6.1.2    Germany: Water Soluble Packaging Market, by Product Type

11.3.6.1.3    Germany: Water Soluble Packaging Market, by Solubility Type

11.3.6.1.4    Germany: Water Soluble Packaging Market, by Application

11.3.6.2    France: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.3.6.2.1    France: Water Soluble Packaging Market, by Raw Material

11.3.6.2.2    France: Water Soluble Packaging Market, by Product Type

11.3.6.2.3    France: Water Soluble Packaging Market, by Solubility Type

11.3.6.2.4    France: Water Soluble Packaging Market, by Application

11.3.6.3    Italy: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.3.6.3.1    Italy: Water Soluble Packaging Market, by Raw Material

11.3.6.3.2    Italy: Water Soluble Packaging Market, by Product Type

11.3.6.3.3    Italy: Water Soluble Packaging Market, by Solubility Type

11.3.6.3.4    Italy: Water Soluble Packaging Market, by Application

11.3.6.4    UK: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.3.6.4.1    UK: Water Soluble Packaging Market, by Raw Material

11.3.6.4.2    UK: Water Soluble Packaging Market, by Product Type

11.3.6.4.3    UK: Water Soluble Packaging Market, by Solubility Type

11.3.6.4.4    UK: Water Soluble Packaging Market, by Application

11.3.6.5    Rest of Europe: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.3.6.5.1    Rest of Europe: Water Soluble Packaging Market, by Raw Material

11.3.6.5.2    Rest of Europe: Water Soluble Packaging Market, by Product Type

11.3.6.5.3    Rest of Europe: Water Soluble Packaging Market, by Solubility Type

11.3.6.5.4    Rest of Europe: Water Soluble Packaging Market, by Application

11.4    Asia Pacific: Water Soluble Packaging Market

11.4.1     Asia Pacific: Water Soluble Packaging Market–Revenue and Forecast to 2027(US$ Mn)

11.4.2     Asia Pacific: Water Soluble Packaging Market, by Raw Material

11.4.3     Asia Pacific: Water Soluble Packaging Market, by Product Type

11.4.4     Asia Pacific: Water soluble packaging Market, by Solubility Type

11.4.5     Asia Pacific: Water Soluble Packaging Market, by Application

11.4.6     Asia Pacific: Water Soluble Packaging Market, by Key Country

11.4.6.1    China: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.4.6.1.1    China: Water Soluble Packaging Market, by Raw Material

11.4.6.1.2    China: Water Soluble Packaging Market, by Product Type

11.4.6.1.3    China: Water Soluble Packaging Market, by Solubility Type

11.4.6.1.4    China: Water Soluble Packaging Market, by Application

11.4.6.2    Japan: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.4.6.2.1    Japan: Water Soluble Packaging Market, by Raw Material

11.4.6.2.2    Japan: Water Soluble Packaging Market, by Product Type

11.4.6.2.3    Japan: Water Soluble Packaging Market, by Solubility Type

11.4.6.2.4    Japan: Water Soluble Packaging Market, by Application

11.4.6.3    India: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.4.6.3.1    India: Water Soluble Packaging Market, by Raw Material

11.4.6.3.2    India: Water Soluble Packaging Market, by Product Type

11.4.6.3.3    India: Water Soluble Packaging Market, by Solubility Type

11.4.6.3.4    India: Water Soluble Packaging Market, by Application

11.4.6.4    South Korea: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.4.6.4.1    South Korea: Water Soluble Packaging Market, by Raw Material

11.4.6.4.2    South Korea: Water Soluble Packaging Market, by Product Type

11.4.6.4.3    South Korea: Water Soluble Packaging Market, by Solubility Type

11.4.6.4.4    South Korea: Water Soluble Packaging Market, by Application

11.4.6.5    Rest of Asia Pacific: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.4.6.5.1    Rest of Asia Pacific: Water Soluble Packaging Market, by Raw Material

11.4.6.5.2    Rest of Asia Pacific: Water Soluble Packaging Market, by Product Type

11.4.6.5.3    Rest of Asia Pacific: Water Soluble Packaging Market, by Solubility Type

11.4.6.5.4    Rest of Asia Pacific: Water Soluble Packaging Market, by Application

11.5    MEA: Water Soluble Packaging Market

11.5.1     MEA: Water Soluble Packaging Market –Revenue and Forecast to 2027(US$ Mn)

11.5.2     MEA: Water Soluble Packaging Market, by Raw Material

11.5.3     MEA: Water Soluble Packaging Market, by Product Type

11.5.4     MEA: Water Soluble Packaging Market, by Solubility Type

11.5.5     MEA: Water Soluble Packaging Market, by Application

11.5.6     MEA: Water Soluble Packaging Market, by Key Country

11.5.6.1    South Africa: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.5.6.1.1    South Africa: Water Soluble Packaging Market, by Raw Material

11.5.6.1.2    South Africa: Water Soluble Packaging Market, by Product Type

11.5.6.1.3    South Africa: Water Soluble Packaging Market, by Solubility Type

11.5.6.1.4    South Africa: Water Soluble Packaging Market, by Application

11.5.6.2    Saudi Arabia: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.5.6.2.1    Saudi Arabia: Water Soluble Packaging Market, by Raw Material

11.5.6.2.2    Saudi Arabia: Water Soluble Packaging Market, by Product Type

11.5.6.2.3    Saudi Arabia: Water Soluble Packaging Market, by Solubility Type

11.5.6.2.4    Saudi Arabia: Water Soluble Packaging Market, by Application

11.5.6.3    UAE: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.5.6.3.1    UAE: Water Soluble Packaging Market, by Raw Material

11.5.6.3.2    UAE: Water Soluble Packaging Market, by Product Type

11.5.6.3.3    UAE: Water Soluble Packaging Market, by Solubility Type

11.5.6.3.4    UAE: Water Soluble Packaging Market, by Application

11.5.6.4    Rest of MEA: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.5.6.4.1    Rest of MEA: Water Soluble Packaging Market, by Raw Material

11.5.6.4.2    Rest of MEA: Water Soluble Packaging Market, by Product Type

11.5.6.4.3    Rest of MEA: Water Soluble Packaging Market, by Solubility Type

11.5.6.4.4    Rest of MEA: Water Soluble Packaging Market, by Application

11.6    South America: Water Soluble Packaging Market

11.6.1     South America: Water Soluble Packaging Market –Revenue and Forecast to 2027(US$ Mn)

11.6.2     South America: Water Soluble Packaging Market, by Raw Material

11.6.3     South America: Water Soluble Packaging Market, by Product Type

11.6.4     South America: Water Soluble Packaging Market, by Solubility Type

11.6.5     South America: Water Soluble Packaging Market, by Application

11.6.6     South America: Water Soluble Packaging Market, by Key Country

11.6.6.1    Brazil: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.6.6.1.1    Brazil: Water Soluble Packaging Market, by Raw Material

11.6.6.1.2    Brazil: Water Soluble Packaging Market, by Product Type

11.6.6.1.3    Brazil: Water Soluble Packaging Market, by Solubility Type

11.6.6.1.4    Brazil: Water Soluble Packaging Market, by Application

11.6.6.2    Argentina: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.6.6.2.1    Argentina: Water Soluble Packaging Market, by Raw Material

11.6.6.2.2    Argentina: Water Soluble Packaging Market, by Product Type

11.6.6.2.3    Argentina: Water Soluble Packaging Market, by Solubility Type

11.6.6.2.4    Argentina: Water Soluble Packaging Market, by Application

11.6.6.3    Rest of South America: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

11.6.6.3.1    Rest of South America: Water Soluble Packaging Market, by Raw Material

11.6.6.3.2    Rest of South America: Water Soluble Packaging Market, by Product Type

11.6.6.3.3    Rest of South America: Water Soluble Packaging Market, by Solubility Type

11.6.6.3.4    Rest of South America: Water Soluble Packaging Market, by Application

12.          Overview- Impact of Corona virus Outbreak

13.          Impact of COVID-19 Pandemic on Global Water-Soluble Packaging Market

13.1    North America: Impact Assessment of COVID-19 Pandemic

13.2    Europe: Impact Assessment of COVID-19 Pandemic

13.3    Asia-Pacific: Impact assessment of COVID-19 Pandemic

13.4    Middle East and Africa: Impact Assessment of COVID-19 Pandemic

13.5    South America: Impact Assessment of COVID-19 Pandemic

14.          Key Company Profiles

14.1    Cortec Corporation

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.2    Smart Solve Industries

14.2.1     Key Facts

14.2.2     Business Description

14.2.2.1    Products and Services

14.2.3     Financial Overview

14.2.4     SWOT Analysis

14.2.5     Key Developments

14.3    Jiangmen Cinch Packaging Materials Co., Ltd.

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products And Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.4    Harke Group

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.5    Kuraray Co., Ltd

14.5.1     Key Facts

14.5.2     Business Description

14.5.2.1    Products and Services

14.5.3     Financial Overview

14.5.4     SWOT Analysis

14.5.5     . Key Developments

14.6    Changzhou Kelin PVA Water Soluble Films Co., Ltd.

14.6.1     Key Facts

14.6.2     Business Description

14.6.2.1    Products and Services

14.6.3     Financial Overview

14.6.4     SWOT Analysis

14.7    Amtopack, Inc.

14.7.1     Key Facts

14.7.2     Business Description

14.7.2.1    Products and Services

14.7.3     Financial Overview

14.7.4     SWOT Analysis

14.8    Sekisui Chemical Co., Ltd.

14.8.1     Key Facts

14.8.2     Business Description

14.8.2.1    Products and Services

14.8.3     Financial Overview

14.8.4     SWOT Analysis

14.9    Mitsubishi Chemical Corporation

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.10 Mondi Group

14.10.1   Key Facts

14.10.2   Business Description

14.10.3   Products and Services

14.10.4   Financial Overview

14.10.5   SWOT Analysis

14.10.6   . Key Developments

15.          Appendix

15.1    About The Insight Partners

15.2    Glossary

LIST OF TABLES

Table 1.             Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             North America Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 3.             North America Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 4.             North America Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027  (USD Mn)

Table 5.             North America Water Soluble Packaging Market, by Application Type – Revenue and Forecast to 2027  (USD Mn)

Table 6.             US Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 7.             US Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 8.             US Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 9.             US Water Soluble Packaging Market, by Application Type – Revenue and Forecast to 2027 (USD Mn)

Table 10.          Canada Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 11.          Canada Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 12.          Canada Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 13.          Canada Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 14.          Mexico Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 15.          Mexico Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 16.          Mexico Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 17.          Mexico Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 18.          Europe Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 19.          Europe Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 20.          Europe Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 21.          Europe Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 22.          Germany Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 23.          Germany Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 24.          Germany Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 25.          Germany Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 26.          France Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 27.          France Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 28.          France Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 29.          France Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 30.          Italy Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 31.          Italy Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 32.          Italy Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 33.          Italy Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 34.          UK Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 35.          UK Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 36.          UK Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 37.          UK Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 38.          Rest of Europe Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 39.          Rest of Europe Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 40.          Rest of Europe Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027  (USD Mn)

Table 41.          Rest of Europe Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 42.          Asia Pacific Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 43.          Asia Pacific Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 44.          Asia Pacific Water Soluble Packaging Market, by Solubility Type– Revenue and Forecast to 2027 (USD Mn)

Table 45.          Asia Pacific Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 46.          China Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 47.          China Water Soluble Packaging Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 48.          China Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 49.          China Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 50.          Japan Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 51.          Japan Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 52.          Japan Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 53.          Japan Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 54.          India Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 55.          India Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 56.          India Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 57.          India Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 58.          South Korea Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 59.          South Korea Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 60.          South Korea Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 61.          South Korea Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 62.          Rest of Asia Pacific Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 63.          Rest of Asia Pacific Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 64.          Rest of Asia Pacific Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 65.          Rest of Asia Pacific Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 66.          MEA Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 67.          MEA Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 68.          MEA Water Soluble Packaging Market, by Solubility Type– Revenue and Forecast to 2027 (USD Mn)

Table 69.          MEA Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 70.          South Africa Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 71.          South Africa Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 72.          South Africa Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 73.          South Africa Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 74.          Saudi Arabia Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 75.          Saudi Arabia Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 76.          Saudi Arabia Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 77.          Saudi Arabia Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 78.          UAE Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 79.          UAE Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 80.          UAE Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 81.          UAE Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 82.          Rest of MEA Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 83.          Rest of MEA Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 84.          Rest of MEA Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 85.          Rest of MEA Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 86.          South America Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 87.          South America Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 88.          South America Water Soluble Packaging Market, by Solubility – Revenue and Forecast to 2027 (USD Mn)

Table 89.          South America Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 90.          Brazil Water Soluble Packaging Market, by Raw Material – Revenue and Forecast to 2027 (USD Mn)

Table 91.          Brazil Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 92.          Brazil Water Soluble Packaging Market, by Solubility Type– Revenue and Forecast to 2027 (USD Mn)

Table 93.          Brazil Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027 (USD Mn)

Table 94.          Argentina Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027 (USD Mn)

Table 95.          Argentina Water Soluble Packaging Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)

Table 96.          Argentina Water Soluble Packaging Market, by Solubility Type – Revenue and Forecast to 2027 (USD Mn)

Table 97.          Argentina Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 98.          Rest of South America Water Soluble Packaging Market, by Raw Material– Revenue and Forecast to 2027  (USD Mn)

Table 99.          Rest of South America Water Soluble Packaging Market, by Product Type– Revenue and Forecast to 2027  (USD Mn)

Table 100.       Rest of South America Water Soluble Packaging Market, by Solubility Type– Revenue and Forecast to 2027 (USD Mn)

Table 101.       Rest of South America Water Soluble Packaging Market, by Application – Revenue and Forecast to 2027  (USD Mn)

Table 102.       Glossary of Terms, Global Water Soluble Packaging Market

 

LIST OF FIGURES

Figure 1.           Water Soluble Packaging Market Segmentation

Figure 2.           Water Soluble Packaging Market Segmentation – By Geography

Figure 3.           Global Water Soluble Packaging Market Overview

Figure 4.           Bags Segment is Expected to Show Remarkable Traction During the Forecast Period

Figure 5.           North America Region Held Largest Share of Global Water Soluble Packaging Market

Figure 6.           Global Water Soluble Packaging Market, Industry Landscape

Figure 7.           North America PEST Analysis

Figure 8.           Europe – PEST Analysis

Figure 9.           APAC: PEST Analysis

Figure 10.        MEA: PEST Analysis

Figure 11.        SAM – PEST Analysis

Figure 12.        Expert Opinion

Figure 13.        Water Soluble Packaging Market Impact Analysis Of Driver And Restraints

Figure 14.        Geographic Overview of Water Soluble Packaging Market

Figure 15.        North America: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 16.        Water Soluble Packaging Market Revenue Share, by Raw Material (2018 and 2027)

Figure 17.        Polymers: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 18.        Fibers: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 19.        Surfactants: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 20.        Water Soluble Packaging Market Revenue Share, by Product Type (2018 and 2027)

Figure 21.        Pouches: Water Soluble Packaging Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 22.        Films: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 23.        Bags: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 24.        Other Product Type: Water Soluble Packaging Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 25.        Water Soluble Packaging Market Revenue Share, by Solubility Type (2018 and 2027)

Figure 26.        Hot Water Soluble: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        Cold Water Soluble: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        Water Soluble Packaging Market Revenue Share, by Application (2018 and 2027)

Figure 29.        Industrial: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 30.        Residential: Water Soluble Packaging Market – Revenue and Forecast to 2027 (US$ Mn)

 

The List of companies - Global Water Soluble Packaging Market

  1. Amtopack, Inc.
  2. Changzhou Kelin PVA Water Soluble Films Co., Ltd
  3. Cortec Corporation  
  4. Harke Group
  5. Jiangmen Cinch Packaging Materials Co., Ltd
  6. Kuraray Co., Ltd
  7. Mitsubishi Chemical Corporation
  8. Mondi Group
  9. Sekisui Chemical Co., Ltd
  10. Smart Solve Industries

 

  • Highlights key business priorities to assist companies realign their business strategies.

  • Features key findings and crucial progressive industry trends in the global water soluble packagingmarket, thereby allowing players to develop effective long-term strategies.

  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.

  • Scrutinizes in-depth market trends as well askey market drivers and restraints.

  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Frequently Asked Questions

The major players operating in the global water soluble packaging market are Amtopack, Inc.., Changzhou Kelin PVA Water Soluble Films Co., Ltd, Cortec Corporation, Harke Group, Jiangmen Cinch Packaging Materials Co., Ltd, Kuraray Co., Ltd, Mitsubishi Chemical Corporation, Mondi Group, Sekisui Chemical Co., Ltd, and SmartSolve Industries, and among many others.

In 2018, the water soluble packaging market was predominant by North America at the global level. Several domestic and international companies have a strong foothold in the North American region. In the North America region, the United States is a major market for water soluble packaging followed by Canada and Mexico.Growth in the packaging industry, consumer demand for advanced packaging, and growth in the processed food and consumer goods packaging are some of the factors driving the market for water-soluble packaging in North America. For instance, products such as agricultural chemical, laundry detergents, auto dish detergents, window washing concentrate, pigments and dyes, bacteria and enzyme treatments, industrial batch chemicals, disinfectants, toilet blocks, and water treatment chemicals can be packaged with water-soluble packaging.

Among all four segments of product type, pouches segment has led the market in 2018 and is expected to be the dominant segment in the near future.Water soluble pouches provide a convenient, safe, and economical delivery system for a wide range of products such as detergents and cleaners, degreasers, concrete additives, pigments, water-treatment products, biocides, agricultural products, bathing products, cosmetic industry (disposable cases), and laundry bags for hospitals. Water soluble pouches are used in the medical field for easy introduction of solidifying agents (super absorbent polymers) into containers filled with bio-hazardous fluids such as blood and urine.Water-soluble single-use pouches are useful in medical or industrial applications where human contact with a specific substance is unnecessary or harmful. Due to the wider application of water-soluble pouches in various applications, there is an increasing demand for this product in the global water-soluble packaging market.

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