Water dissolvable packaging is an environmentally friendly alternative to conventional packaging. They are inexpensive and can easily be decomposed. These packages are designed to improve the durability of the product. The consistency of this packaging is not harmful. They are used in many industries as they result in less waste generation and help to reduce downtime during output. They are used in agriculture, detergents, cleaning agents as they are very cost-effective.
MARKET DYNAMICS
The major factors driving the growth of the global market for water-soluble packaging include the rising demand for environmentally friendly packaging, the sustainable use of packaging materials, and the environmental safety issues around the globe. Moreover, increased use of water-soluble packaging in multiple industries, combined with increasing concerns about environmental sustainability, would fuel the global demand for water-soluble packaging. In addition, growing awareness of the use of single-use plastics, along with increasing government efforts to minimize the use of plastics, would further fuel the growth of the global demand for water-soluble packaging. The demand for organic and natural products and changes in patterns of consumption due to rising consumer disposable income would increase demand for the water-soluble packaging market during the forecast period. Furthermore, the growing demand for easy-to-use packaging and rapid industrialization would accelerate the market growth of the global market for water-soluble packaging.
MARKET SCOPE
The "Global Water dissolvable packaging Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the water dissolvable packaging market with detailed market segmentation by raw material, decomposition, products, fiber, surfactant, and geography. The global water dissolvable packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water dissolvable packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global water dissolvable packaging market is segmented on the basis of raw material, decomposition, products, grade, and end use. On the basis of raw material the global water dissolvable packaging market is segmented into polymer, fiber, and surfactant. Based on decomposition the global water dissolvable packaging market is segmented into hot water, warm water, and cold water. Based on products the global water dissolvable packaging market is segmented into bags , pouches, films & wrappers, and pods & pouches. Based on grade the global water dissolvable packaging market is segmented into food grade, industrial grade, and pharmaceutical grade. Based on end use the global water dissolvable packaging market is segmented into food & beverages, agricultural & chemicals, domestic applications, healthcare sectors, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global water dissolvable packaging market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The water dissolvable packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the water dissolvable packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the water dissolvable packaging market in these regions.
MARKET PLAYERS
The reports cover key developments in the water dissolvable packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from water dissolvable packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for water dissolvable packaging in the global market. Below mentioned is the list of few companies engaged in the water dissolvable packaging market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water dissolvable packaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lithey Inc
- Mondi Group
- Kuraray Co. Ltd
- Mitsubishi Chemicals Holdings
- Aquapak Polymer Ltd.
- Aicello Corporation
- MSD Corporation
- JRF Technology LLC
- Sekisui Chemicals
- Cortec Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.