Water Soluble Film Market
Water Soluble Film Market Forecasts to 2028 – Global Analysis By Type (Hot Water Soluble Films, Cold Water Soluble Films), Application (Packaging, Disposal Bags, Cosmetics), End User (Consumer Goods, Healthcare), and By Geography
According to Stratistics MRC, the Global Water Soluble Film Market is accounted for $364.00 million in 2020 and is expected to reach $654.03 million by 2028 growing at a CAGR of 7.6% during the forecast period. Some of the key factors propelling the market growth include rise in production of single & unit dose packaging in pharmaceutical industry, growing demand for convenience food items, focus of governments on green procurement policies, growing pharmaceutical industry in emerging economies, and increased demand from the agriculture industry. However, increasing overall packaging costs owing to dynamic regulatory policies is restricting the market growth.
A water-soluble film refers to a thin protective layer made up of polyvinyl alcohol (PVA/PVOH) that dissolves when it comes in contact with water. PVA is a colorless, odorless and biodegradable resin that is free of heavy and toxic elements. Water-soluble films made from this resin have high tensile strength, flexibility, and adhesive properties. They also offer smooth mechanical operations, enhanced productivity, cost-effectiveness and flexibility in packaging. As a result, they are used in the packaging of a wide range of industrial and consumer goods, particularly for single-serve or pre-portioned packs. These films possess a good heat sealing property and printability, hence are highly preferred for packaging purpose. These benefits of the films make it acceptable across applications such as packaging, pharmaceuticals, agricultural chemicals, and hygiene purposes.
By application, the packaging segment is expected to grow at the significant rate throughout the forecast period. Packaging is the major end-user industry for these films as water soluble films are easy to use, as the film offers excellent sealing and deep drawing properties, while being completely soluble even in cold water. Moreover, they are considered biodegradable, non-toxic, and non-inhibitory. Products sold as ready to use packaging are becoming popular. There is a clear trend towards packaging detergents and cleaning products in water-soluble bags. The consumer does not apply aggressive product, there is no need to weigh or to dose product. Water-soluble packaging includes packing liquid, gel and powder products in water-soluble film. It provides accurate weight premeasured doses of the product. It also offers safe handling i.e., no chemicals in contact with skin and avoids dust inhalation.
On the basis of geography, North America region is expected to witness a rapid growth rate over the forecast period, due to increasing awareness among consumers regarding the use of eco-friendly products and implementation of stringent laws by regulatory authorities for environmental protection, such as EPA and other associations. In the US, the water-soluble films market is driven by high demand from the packaging, pharmaceuticals, and textiles industries. The changing trends in consumer behaviour and the manufacturer’s easier convenience benefitted the industries to grow at a faster pace in the country, which is further benefitting the water-soluble films market.
Some of the key players in Water Soluble Film Market include Aquapak Polymers Ltd., Mitsubishi Chemical Corporation, Dute Industries Group, Aicello Corporation, Monosol LLC, Kuraray Co. Ltd., Novozymes AS, Arrow Greentech Ltd., Cortec Corporation, AMC (UK) Ltd., Noble Industries, Mondi Group, Procter & Gamble, Neptun Technologies GmbH, Sekisui Chemical Co. Ltd., and Nippon Synthetic Chemical Industry Co. Ltd.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 364.00 million |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
7.6% |
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Predicted 2028 Value: |
USD 654.03 million |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
392 |
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Chapters Covered: |
Type, Raw Material, Thickness, Procedure Type, Dissolution Rate, Sales Channel, Application, End User and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Types Covered:
• Hot Water Solube Films
• Cold Water Soluble Films
• Embossing
• Glossy
Raw Materials Covered:
• Hemicellulose (Xylan)
• Polyvinyl Alcohol (PVA)/PVOH
• Polypropylene
• Other Raw Materials
Thickness Covered:
• Above 60 Micrometer
• 30-60 Micrometer
• Below 30 Micrometer
Procedure Types Covered:
• Non-Surgical Procedure
• Surgical Procedure
Dissolution Rates Covered:
• Medium Soluble Films
• Difficult Soluble Films
• Fast Soluble Films
Sales Channels Covered:
• Online
• Offline
Applications Covered:
• Packaging
• Disposal Bags
• Laundry Bags (Medical Laundry Bags)
• Window Washing Concentrate
• Toilet Blocks
• Bacteria and Enzyme Treatments
• Embroidery Substrate
• Fishing Bags
• Liquid-Crystal Display (LCD)
• Disinfectants
• Cosmetics
• Other Applications
End Users Covered:
• Consumer Goods
• Healthcare
• Agriculture
• Industrial
• Light industry
• Tourism
• Sanitation
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Water Soluble Film Market is majorly driven by growing demand for convenience food items, rising pharmaceutical industry in emerging economies, and increased demand from the agriculture industry.
The water treatment chemical packaging segment is growing at a highest CAGR owing to the growing scarcity of water in most of the countries across the globe and the high demand for treated water.
North America dominated with a significant market share due to rising demand for biodegradable packaging and implementation of stringent laws by regulatory authorities for environmental protection, such as EPA and other associations.
Asia Pacific market is growing at a highest CAGR owing to rising consumer awareness about the benefits offered by the water-soluble packaging, multi-functional usage in the pharmaceutical, agrochemical, and plastic industries, and growing environmental concern.
Key players in Water Soluble Film Market include Aquapak Polymers Ltd., Mitsubishi Chemical Corporation, Dute Industries Group, Aicello Corporation, Monosol LLC, Kuraray Co. Ltd., Novozymes AS, Arrow Greentech Ltd., Cortec Corporation, AMC (UK) Ltd., Noble Industries, Mondi Group, Procter & Gamble, Neptun Technologies GmbH, Sekisui Chemical Co. Ltd., and Nippon Synthetic Chemical Industry Co. Ltd.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Water Soluble Film Market, By Type
5.1 Introduction
5.2 Hot Water Solube Films
5.2.1 Type N: Difficult to Dissolve
5.2.2 Type H: 65C and Above
5.2.3 Type S: 85C and Above
5.2.4 Type M: 45C and Above
5.3 Cold Water Soluble Films
5.3.1 Type W: 25C and Above
5.3.2 Type C: 15C and Above
5.3.3 Type Z: 5C and Above
5.4 Embossing
5.5 Glossy
6 Global Water Soluble Film Market, By Raw Material
6.1 Introduction
6.2 Hemicellulose (Xylan)
6.3 Polyvinyl Alcohol (PVA)/PVOH
6.4 Polypropylene
6.5 Other Raw Materials
6.5.1 Polyvinylpyrrolidone (PVP)
6.5.2 Starch
7 Global Water Soluble Film Market, By Thickness
7.1 Introduction
7.2 Above 60 Micrometer
7.3 30-60 Micrometer
7.4 Below 30 Micrometer
8 Global Water Soluble Film Market, By Procedure Type
8.1 Introduction
8.2 Non-Surgical Procedure
8.3 Surgical Procedure
9 Global Water Soluble Film Market, By Dissolution Rate
9.1 Introduction
9.2 Medium Soluble Films
9.3 Difficult Soluble Films
9.4 Fast Soluble Films
10 Global Water Soluble Film Market, By Sales Channel
10.1 Introduction
10.2 Online
10.3 Offline
11 Global Water Soluble Film Market, By Application
11.1 Introduction
11.2 Packaging
11.2.1 Chemical Packaging
11.2.1.1 Water Treatment Chemical Packaging
11.2.1.2 Detergent Packaging
11.2.2 Pharmaceutical Packaging
11.2.3 Clean Product Packaging
11.2.4 Food Packaging
11.2.5 Pigments & Dyes Packaging
11.2.6 Agrochemical Packaging
11.3 Disposal Bags
11.4 Laundry Bags (Medical Laundry Bags)
11.5 Window Washing Concentrate
11.6 Toilet Blocks
11.7 Bacteria and Enzyme Treatments
11.8 Embroidery Substrate
11.9 Fishing Bags
11.10 Liquid-Crystal Display (LCD)
11.11 Disinfectants
11.12 Cosmetics
11.13 Other Applications
11.13.1 Mold Releasing
11.13.2 Textile Packaging
12 Global Water Soluble Film Market, By End User
12.1 Introduction
12.2 Consumer Goods
12.3 Healthcare
12.4 Agriculture
12.5 Industrial
12.6 Light industry
12.7 Tourism
12.8 Sanitation
13 Global Water Soluble Film Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Aquapak Polymers Ltd.
15.2 Mitsubishi Chemical Corporation
15.3 Dute Industries Group
15.4 Aicello Corporation
15.5 Monosol LLC
15.6 Kuraray Co. Ltd.
15.7 Novozymes AS
15.8 Arrow Greentech Ltd.
15.9 Cortec Corporation
15.10 AMC (UK) Ltd.
15.11 Noble Industries
15.12 Mondi Group
15.13 Procter & Gamble
15.14 Neptun Technologies GmbH
15.15 Sekisui Chemical Co. Ltd.
15.16 Nippon Synthetic Chemical Industry Co. Ltd.
List of Tables
1 Global Water Soluble Film Market Outlook, By Region (2019-2028) ($MN)
2 Global Water Soluble Film Market Outlook, By Type (2019-2028) ($MN)
3 Global Water Soluble Film Market Outlook, By Hot Water Solube Films (2019-2028) ($MN)
4 Global Water Soluble Film Market Outlook, By Type N: Difficult to Dissolve (2019-2028) ($MN)
5 Global Water Soluble Film Market Outlook, By Type H: 65C and Above (2019-2028) ($MN)
6 Global Water Soluble Film Market Outlook, By Type S: 85C and Above (2019-2028) ($MN)
7 Global Water Soluble Film Market Outlook, By Type M: 45C and Above (2019-2028) ($MN)
8 Global Water Soluble Film Market Outlook, By Cold Water Soluble Films (2019-2028) ($MN)
9 Global Water Soluble Film Market Outlook, By Type W: 25C and Above (2019-2028) ($MN)
10 Global Water Soluble Film Market Outlook, By Type C: 15C and Above (2019-2028) ($MN)
11 Global Water Soluble Film Market Outlook, By Type Z: 5C and Above (2019-2028) ($MN)
12 Global Water Soluble Film Market Outlook, By Embossing (2019-2028) ($MN)
13 Global Water Soluble Film Market Outlook, By Glossy (2019-2028) ($MN)
14 Global Water Soluble Film Market Outlook, By Raw Material (2019-2028) ($MN)
15 Global Water Soluble Film Market Outlook, By Hemicellulose (Xylan) (2019-2028) ($MN)
16 Global Water Soluble Film Market Outlook, By Polyvinyl Alcohol (PVA)/PVOH (2019-2028) ($MN)
17 Global Water Soluble Film Market Outlook, By Polypropylene (2019-2028) ($MN)
18 Global Water Soluble Film Market Outlook, By Other Raw Materials (2019-2028) ($MN)
19 Global Water Soluble Film Market Outlook, By Polyvinylpyrrolidone (PVP) (2019-2028) ($MN)
20 Global Water Soluble Film Market Outlook, By Starch (2019-2028) ($MN)
21 Global Water Soluble Film Market Outlook, By Thickness (2019-2028) ($MN)
22 Global Water Soluble Film Market Outlook, By Above 60 Micrometer (2019-2028) ($MN)
23 Global Water Soluble Film Market Outlook, By 30-60 Micrometer (2019-2028) ($MN)
24 Global Water Soluble Film Market Outlook, By Below 30 Micrometer (2019-2028) ($MN)
25 Global Water Soluble Film Market Outlook, By Procedure Type (2019-2028) ($MN)
26 Global Water Soluble Film Market Outlook, By Non-Surgical Procedure (2019-2028) ($MN)
27 Global Water Soluble Film Market Outlook, By Surgical Procedure (2019-2028) ($MN)
28 Global Water Soluble Film Market Outlook, By Dissolution Rate (2019-2028) ($MN)
29 Global Water Soluble Film Market Outlook, By Medium Soluble Films (2019-2028) ($MN)
30 Global Water Soluble Film Market Outlook, By Difficult Soluble Films (2019-2028) ($MN)
31 Global Water Soluble Film Market Outlook, By Fast Soluble Films (2019-2028) ($MN)
32 Global Water Soluble Film Market Outlook, By Sales Channel (2019-2028) ($MN)
33 Global Water Soluble Film Market Outlook, By Online (2019-2028) ($MN)
34 Global Water Soluble Film Market Outlook, By Offline (2019-2028) ($MN)
35 Global Water Soluble Film Market Outlook, By Application (2019-2028) ($MN)
36 Global Water Soluble Film Market Outlook, By Introduction (2019-2028) ($MN)
37 Global Water Soluble Film Market Outlook, By Packaging (2019-2028) ($MN)
38 Global Water Soluble Film Market Outlook, By Chemical Packaging (2019-2028) ($MN)
39 Global Water Soluble Film Market Outlook, By Pharmaceutical Packaging (2019-2028) ($MN)
40 Global Water Soluble Film Market Outlook, By Clean Product Packaging (2019-2028) ($MN)
41 Global Water Soluble Film Market Outlook, By Food Packaging (2019-2028) ($MN)
42 Global Water Soluble Film Market Outlook, By Pigments & Dyes Packaging (2019-2028) ($MN)
43 Global Water Soluble Film Market Outlook, By Agrochemical Packaging (2019-2028) ($MN)
44 Global Water Soluble Film Market Outlook, By Disposal Bags (2019-2028) ($MN)
45 Global Water Soluble Film Market Outlook, By Laundry Bags (Medical Laundry Bags) (2019-2028) ($MN)
46 Global Water Soluble Film Market Outlook, By Window Washing Concentrate (2019-2028) ($MN)
47 Global Water Soluble Film Market Outlook, By Toilet Blocks (2019-2028) ($MN)
48 Global Water Soluble Film Market Outlook, By Bacteria and Enzyme Treatments (2019-2028) ($MN)
49 Global Water Soluble Film Market Outlook, By Embroidery Substrate (2019-2028) ($MN)
50 Global Water Soluble Film Market Outlook, By Fishing Bags (2019-2028) ($MN)
51 Global Water Soluble Film Market Outlook, By Liquid-Crystal Display (LCD) (2019-2028) ($MN)
52 Global Water Soluble Film Market Outlook, By Disinfectants (2019-2028) ($MN)
53 Global Water Soluble Film Market Outlook, By Cosmetics (2019-2028) ($MN)
54 Global Water Soluble Film Market Outlook, By Other Applications (2019-2028) ($MN)
55 Global Water Soluble Film Market Outlook, By Mold Releasing (2019-2028) ($MN)
56 Global Water Soluble Film Market Outlook, By Textile Packaging (2019-2028) ($MN)
57 Global Water Soluble Film Market Outlook, By End User (2019-2028) ($MN)
58 Global Water Soluble Film Market Outlook, By Consumer Goods (2019-2028) ($MN)
59 Global Water Soluble Film Market Outlook, By Healthcare (2019-2028) ($MN)
60 Global Water Soluble Film Market Outlook, By Agriculture (2019-2028) ($MN)
61 Global Water Soluble Film Market Outlook, By Industrial (2019-2028) ($MN)
62 Global Water Soluble Film Market Outlook, By Light industry (2019-2028) ($MN)
63 Global Water Soluble Film Market Outlook, By Tourism (2019-2028) ($MN)
64 Global Water Soluble Film Market Outlook, By Sanitation (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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