Water Soluble Packaging Market to Grow at a CAGR of 5.1% to reach US$ 4,295.6 Million from 2020 to 2027
The water soluble packaging market was valued at US$ 2,751.00 million in 2018 and is projected to reach US$ 4,295.6 million by 2027; it is expected to grow at a CAGR of 5.1% from 2019 to 2027.
Water soluble packaging is a form of packaging made from biodegradable materials that dissolve in water leaving behind a harmless and non-toxic aqueous solution. Better solubility in water with minimum residue and good impact resistance makes them a favorable packaging material in a number of industries.
In 2018, North America dominated the water soluble packaging market and holds the largest share in the global water soluble packaging market. The growing end-use industries such as pharmaceuticals, chemical, food and beverage among others in countries such as the US and Canada is driving the demand for water soluble packaging market. According to the American Chemistry Council data, in the US, 70% of the plastics end up in landfills, which is due to the popular “throw-away” culture present in the region. However, the rise in awareness among the consumers regarding the need for reduction of single-use plastics usage, coupled with government interventions to ban their use, is driving the market for water soluble packaging in the North America.
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Water Soluble Packaging Market: Strategic Insights
Market Size Value in US$ 2,751.00 Million in 2018 Market Size Value by US$ 4,295.57 Million by 2027 Growth rate CAGR of 5.1% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Water Soluble Packaging Market: Strategic Insights
| Market Size Value in | US$ 2,751.00 Million in 2018 |
| Market Size Value by | US$ 4,295.57 Million by 2027 |
| Growth rate | CAGR of 5.1% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Impact of COVID-19 Pandemic on Water Soluble Packaging Market
The COVID-19 outbreak adversely affects economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Chemical and Materials industry are among the significant industries suffering from severe disruptions such as restrictions on the supply chain and shutdown of production plants. The shutdown of different plants and factories in various countries disrupts the global supply chains and negatively impacts the manufacturing water soluble packaging. The water soluble films market in the initial stages was negatively affected due to disruptions in the global supply chain. The water soluble market is highly dependent on the detergent, water treatment chemicals, pharmaceutical, and food & beverage industries. Thus, the shutdown of these industries had a negative effect on the water soluble packaging market.
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.
Raw Material Insights
Based on the raw material, the water soluble packaging market is bifurcated into polymer, fiber, and surfactants. The polymer segment led the global water soluble packaging market. PVOH (Polyvinyl alcohol) is a water soluble thermoplastic which is derived from polyvinyl acetate. The thermoplastic is hydrophilic in nature and is used as a perfect raw material for manufacturing of water soluble films and packaging. In addition, the use of water soluble packaging made of PVOH has gained its popularity in the agriculture sector as it helps in covering the harmful fertilizers which makes it easier for the farmers to handle such toxic chemicals without touching them.
Product Type Insights
Based on product type, the water soluble packaging market is segmented into pouches, films, bags, and others. The water soluble bags segment is the fastest-growing segment in the water soluble market in 2018. Stringent government regulation pertaining to the use of single-use plastic bags has propelled the demand for alternative materials and packaging solutions such as water soluble bags. Water soluble laundry bags are gaining high acceptance among the consumers in the developed and developing countries due to rising awareness about the impact of excessive use of plastic on the environment
A few players operating in the 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 many others. The key companies implement the mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.
Water Soluble Packaging Market Report Scope
Report Spotlights
- Progressive industry trends in the global water soluble packaging market to 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 dried cranberry demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario and global dried cranberry demand
- Market trends and outlook as well as factors driving and restraining the growth of the global water soluble packaging market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the 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 industry dynamics
- Global water soluble packaging market size in various regions with promising growth opportunities
Water Soluble Packaging Market- by Raw Material
- Polymer
- Fiber
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Raw Material ; Product Type ; Solubility Type ; Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
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.
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.
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
- 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
- Smart Solve Industries
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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