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Water Soluble Films Market
Green attributes and the ability to decrease plastic refuse a prominent factor driving the water soluble films market.
The films are eco-friendly and abandon least to no remnant after dissolving, rendering them perfect for applications where refuse curtailment, and ease is sorted” - Polaris
market ResearchNEW YORK CITY, NY, UNITED STATES, November 25, 2024 /EINPresswire / -- The water soluble films market forecast for 2034 is a specialized study of the
industry with a specific concentration on the global market trend analysis.
According to an exhaustive report by Polaris Market Research, the global water soluble films market is poised for significant growth over the next decade. In 2024, global sales income reached USD 440.71 million. Predicted to boost at a robust CAGR of 5.8%, the market is estimated to reach USD 772.28 million by 2034.
What is Water Soluble Films?
Water soluble film is a biodegradable plastic, which indicates that it abandons no plastic remnant in nature, succeeding its suspension in water. Meager minutes are adequate for dissolution, and the film's constituents are bio-decomposed into organic materials in less than three months.
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Besides its ecological facet the water-soluble plastic film is predominantly convenient for applications that experience a dissolution in water. Growing environmental worries and stringent directives on single-use plastics are propelling manufacturers to acquire ecological and green packaging solutions, impacting the water soluble films market growth favorably.
Who Makes Water Soluble Films?
.Mitsubishi Chemical Group Corporation
.SEKISUI CHEMICAL CO. LTD.
.KURARAY CO., LTD.
.AICELLO CORPORATION
.Ecopol S.p.A.
.Arrow GreenTech Ltd.
.Cortec Corporation
.Changzhou
.Greencradleland Macromolecule Materials Co., Ltd.
.Jiangmen Proudly Water-soluble Plastic Co., Ltd.
.AMC Ltd.
.Noble Industries
are some of the leading players in the water soluble films market.
The aggressive topography of the market is portrayed by an assorted gamut of contenders from accepted multinational corporations to inventive startups. Critical market contenders have substantial involvement in polymer chemistry and material science.
Some of the latest developments in the market are:
.In February 2020, Kuraray Co., Ltd. instigated a contemporary MonoSol production provision for PVA water-soluble films in Poland to encounter the growing demand for packaging solutions in unit dose detergents, pharmaceuticals, and other applications.
What's Driving Market Forward?
Precise Dosing: Water soluble packaging permits accurate dosing and reduces commodity refuse, rendering it growingly approved in sectors such as food, chemicals, and dyes, thus pushing the market ahead.
Expanding Pharmaceutical Needs: Augmenting pharmaceutical requests are driving the demand as these sectors growingly acquire solvent capsules and accurate drug conveyance systems having a favourable impact on water soluble films market sales.
Rising E-Commerce Sector: The speedy development in the e-commerce sector is notably driving the augmentation of the market. As per the India Brand Equity Foundation, the Indian e-commerce market is expected to penetrate an estimated USD 350 billion by 2030.
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Which Region Leads Market Growth?
North America: North America accounted for the largest water soluble films market share. This is due to the increasing demand for imperishable packaging solutions covering industries such as personal hygiene, cleaning commodities, and healthcare.
Asia Pacific: Asia Pacific is anticipated to witness significant growth from 2025 to 2034. This can be attributed to the augmentation for e-commerce platforms and growing consumer consciousness about green commodities are driving the acquisition of solvent packaging for laundry detergents, cleaning commodities and disposable items.
How Is Market Segmentation Done?
By Type Outlook:
.Cold Water Soluble Films
.Hot Water Soluble Films
By Application Outlook:
.Agrochemical Packaging
.Detergent Packaging
.Dye Packaging
.Food Packaging
.Laundry Bags
.Pharmaceutical
.Water Transfer Printing
.Water Treatment Chemical Packaging
.Other Applications
By Regional Outlook:
.North America
oUS
oCanada
.Europe
oGermany
oFrance
oUK
oItaly
oSpain
oNetherlands
oRussia
oRest of Europe
.Asia Pacific
oChina
oJapan
oIndia
oMalaysia
oSouth Korea
oIndonesia
oAustralia
oVietnam
oRest of Asia Pacific
.Middle East & Africa
oSaudi Arabia
oUAE
oIsrael
oSouth Africa
oRest of the Middle East & Africa
.Latin America
oMexico
oBrazil
oArgentina
oRest of Latin America
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FAQs:
How much is the water soluble films market?
The market size was valued at USD 440.71 million in 2024 and is projected to grow to USD 772.28 million by 2034.
What is the growth rate of the water soluble films market?
The global market is projected to register a CAGR of 5.8% during the forecast period.
Which region held the largest market share?
In 2024, North America dominated the market.
Which segment by type, led the market?
In 2024, the cold water soluble films segment dominated the market share.
FAQs:Browse PMR's Water Soluble Films Market Report Coverage from Different Publications:
Water Soluble Films Market Growth Accelerates: 5.8% CAGR Targets $772.28 Million by 2034
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
Likhil G
Polaris Market Research and Consulting
+ +1 929-297-9727
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