Water Soluble Packaging Market

Water soluble packaging is used as a packaging material for a wide range of products. Water soluble packaging provides environment safety that is enhanced by eliminating contaminations from various applications and saves high cost. In addition to this, water soluble packaging is used in various end-use applications such as food & beverage, protein powder, instant coffee, dairy products, chemical, agriculture and other end-use applications.

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The major factors driving the growth of the global water soluble packaging market include the growing demand for eco-friendly packaging, safe usage of packaging material and increasing concerns related to environment safety across the globe. Increasing application of water soluble packaging in multiple industries, coupled with the rising concerns regarding environmental sustainability will boost the global water soluble packaging market.

Moreover, growing awareness associated with the usage of single-use plastics, along with increasing government initiatives to decrease the use of plastics will further propel the growth of the global water soluble packaging market. Growing demand for organic and natural-based products and changes in the consumption patterns due to the increasing disposable income of consumers will increase the demand for water soluble packaging market during the forecast period. Furthermore, the increasing demand for easy to carry packaging and rapid industrialization will enhance the market growth of the global water soluble packaging market.

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Based on the packaging type, pouches segment is anticipated to grow at a higher CAGR during the forecast period. This packaging type is designed to deliver a pre-portioned product and provide environment safety advantages. Water soluble packaging contains heat seal coating and dissolves easily in any water temperature. In addition to this, heat seal coating is used in water soluble pouches packaging as it allows the product to be converted into a pouch. Pouches packaging types are growing in the global water soluble packaging market owing to the increasing usage of water soluble packaging in the various chemical industries.

Based on the raw material, polymers segment is expected to grow at a higher CAGR during the forecast period. This is due to the increasing use of water soluble packaging that provides an environment-friendly solution for various applications. Polymers are further divided into polysaccharides, protein, polypropylene, hemicellulose, polyvinyl alcohol, and others. Polyvinyl alcohol is hydrophilic in nature and used as a raw material for the manufacturing of water soluble packaging and films. Moreover, polyvinyl alcohol is used to cover harmful fertilizers in the agriculture sector in the water soluble packaging market.

Based on the end-use, industrial end-use segment is predicted to dominate the global water soluble packaging market in upcoming years due to the growing demand for water soluble packaging in chemical industries. Chemical end-use segment is anticipated to grow at a higher CAGR as it provides a safer option to the workers where they have to deal with the harmful chemicals. In addition to this, most of the industries are moving away from the usage of plastics as it requires larger space and also generates a lot of waste that will further propel the chemical industries in the global water soluble packaging market in upcoming years.

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Based on the region, North America region is projected to dominate the global water soluble packaging owing to the high adoption of water soluble in multiple industries and increasing awareness about the drawbacks of the single-use plastics among people in this region. Moreover, rising government interventions regarding the usage of single-use plastics will further drive the growth of the water soluble packaging market in this region.

Various notable players operating in the market include Mondi Group, Sekisui Chemicals, Kuraray Co. Ltd., Mitsubishi Chemical Holdings, Aicello Corporation, Aquapak Polymer Ltd, Cortec Corporation, Acedag Ltd., MSD Corporation, Watson Inc., Prodotti Solutions, JRF Technology LLC, and Amtopak Inc., among others.

Key Developments: 

• • In 2019, Aquapak Polymer Ltd. launched the hot water soluble laundry bags by the DB Packaging. Through this launch company focuses on widening its range of the water soluble packaging product lines in the market.
  • In 2018, Mondi Group acquired a division of Nordic Packaging and Container Holdings from Powerflute Group in order to strengthen its packaging business in Europe.
  • In 2018, Kuraray Co. Ltd. expanded its manufacturing facility for water soluble films in Indiana, US. Through this expansion company will increase its manufacturing capacities in the market.

The global water soluble packaging market has been segmented on the basis of packaging type, raw material, end-use, solubility type and regions. Based on packaging type, the market is segmented into bags, pouches and pods & capsules. Based on raw material, the market is segmented into polymers, surfactants and fiber. Based on polymers, the market is segmented into polysaccharides, protein, polypropylene, hemicellulose, polyvinyl alcohol and others. Based on solubility type, the market is segmented into cold water soluble and hot water soluble. Based on end-use, the market is segmented into industrial and residential/domestic. Based on the industrial, the market is segmented into food & beverage, pharmaceuticals, agriculture, chemical and others.

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Key questions answered in this research report:

• • At what pace is global water soluble packaging market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in water soluble packaging market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global water soluble packaging market?
  • Which Packaging Type generated maximum revenues in 2019 and identify the most promising Packaging Type during the forecast period?
  • What are the various Raw Material areas of global Water Soluble Packaging market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Packaging Type, By Raw Material, By Solubility Type, By End-Use, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Mondi Group, Sekisui Chemicals, Kuraray Co. Ltd., Mitsubishi Chemical Holdings, Aicello Corporation, Aquapak Polymer Ltd, Cortec Corporation, Acedag Ltd., MSD Corporation, Watson Inc., Prodotti Solutions, JRF Technology LLC, Amtopak Inc.; a total of 13 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Water Soluble Packaging Market by Packaging Type

• • Bags
  • Pouches
  • Pods & Capsules

Global Water Soluble Packaging Market by Raw Material

• • Polymers
  • Polysaccharides
  • Protein
  • Polypropylene
  • Hemicellulose
  • Polyvinyl Alcohol
  • Others
  • Surfactants
  • Fiber

Global Water Soluble Packaging Market by Solubility Type

• • Cold Water Soluble
  • Hot Water Soluble

Global Water Soluble Packaging Market by End-Use

• • Industrial
  • Food & Beverage
  • Pharmaceuticals
  • Agriculture
  • Chemical
  • Others
  • Residential/Domestic

Global Water Soluble Packaging Market by Region

• • North America Water Soluble Packaging Market (Option 1: As a part of the free 25% customization)
    • North America Water Soluble Packaging Market by Packaging Type
    • North America Water Soluble Packaging Market by Raw Material
    • North America Water Soluble Packaging Market by Solubility Type
    • North America Water Soluble Packaging Market by End-Use
    • US Water Soluble Packaging Market All-Up
    • Canada Water Soluble Packaging Market All-Up
  • Europe Water Soluble Packaging Market (Option 2: As a part of the free 25% customization)
    • Europe Water Soluble Packaging Market by Packaging Type
    • Europe Water Soluble Packaging Market by Raw Material
    • Europe Water Soluble Packaging Market by Solubility Type
    • Europe Water Soluble Packaging Market by End-Use
    • UK Water Soluble Packaging Market All-Up
    • Germany Water Soluble Packaging Market All-Up
    • France Water Soluble Packaging Market All-Up
    • Spain Water Soluble Packaging Market All-Up
    • Rest of Europe Water Soluble Packaging Market All-Up
  • Asia-Pacific Water Soluble Packaging Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Water Soluble Packaging Market by Packaging Type
    • Asia-Pacific Water Soluble Packaging Market by Raw Material
    • Asia-Pacific Water Soluble Packaging Market by Solubility Type
    • Asia-Pacific Water Soluble Packaging Market by End-Use
    • China Water Soluble Packaging Market All-Up
    • India Water Soluble Packaging Market All-Up
    • Japan Water Soluble Packaging Market All-Up
    • Rest of APAC Water Soluble Packaging Market All-Up
  • RoW Water Soluble Packaging Market (Option 4: As a part of the free 25% customization)
    • RoW Water Soluble Packaging Market by Packaging Type
    • RoW Water Soluble Packaging Market by Raw Material
    • RoW Water Soluble Packaging Market by Solubility Type
    • RoW Water Soluble Packaging Market by End-Use
    • Brazil Water Soluble Packaging Market All-Up
    • South Africa Water Soluble Packaging Market All-Up
    • Saudi Arabia Water Soluble Packaging Market All-Up
    • UAE Water Soluble Packaging Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Water Soluble Packaging Market All-Up

Major Players Operating the Water Soluble Packaging (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Mondi Group
  • Sekisui Chemicals
  • Kuraray Co. Ltd.
  • Mitsubishi Chemical Holdings
  • Aicello Corporation
  • Aquapak Polymer Ltd
  • Cortec Corporation
  • Acedag Ltd.
  • MSD Corporation
  • Watson Inc.
  • Prodotti Solutions
  • JRF Technology LLC
  • Amtopak Inc.