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Global Water Soluble Films Market to reach USD 651.11 million by the end of 2030

Global Water Soluble Films Market Size study & Forecast, by Type (Cold Water-soluble Films, Hot Watersoluble Films), by Dissolution Rate (Fast Soluble Films, Medium Soluble Films, Difficult Soluble Films), by End-User Industry (Packaging, Textile, Pharmaceuticals, Others) and Regional Analysis, 2023-2030

Product Code: CMPP-25565674
Publish Date: 20-01-2024
Page: 200

Global Water Soluble Films Market is valued at approximately USD 381.8 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.9% during the forecast period 2023-2030. Water Soluble Films are typically made from water-soluble polymers, such as Polyvinyl Alcohol (PVA), which can break down in the presence of water without leaving any residue. The primary characteristic of water-soluble films is their ability to dissolve or disperse in water, making them useful in various applications. The Water Soluble Films Market is expanding because of factors such as the rising demand for food and beverages and the growing demand for pharmaceuticals. As a result, the demand for Water Soluble Films has progressively increased in the international market during the forecast period 2023-2030.

Water-soluble films can be used in packaging to enhance food safety and freshness. The demand for packaging solutions that extend the shelf life of food and beverages can influence the adoption of water-soluble films. According to Statista, in 2021, the global market of functional foods and beverages reached USD 281.14 billion and is anticipated to grow at a compound annual growth rate of approximately 9.5% between 2021 to 2028. Another important factor that drives the Water Soluble Films Market is the increasing demand for pharmaceuticals. Water-soluble films can aid in the rapid disintegration of dosage forms, ensuring quick absorption of the medication. This can be crucial for certain pharmaceuticals that require rapid onset of action. In addition, as per Statista, in 2022, the global Pharmaceutical Market accounted to be USD 1.48 trillion. Moreover, the emergence of single-and unit-dose packaging and advancements in Water Soluble packaging are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost of water soluble films compared to conventional plastic films and lack of awareness is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Water Soluble Films Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increase in production of single-and unit-dose packaging in various end-use industries in the region. Water-soluble films provide a convenient and easy-to-use packaging solution, contributing to the trend of compact and portable packaging formats. The region’s dominant performance is anticipated to propel the overall demand of Water Soluble Films. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as the rise in use of single and unit dose packaging and the rapid growth of the pharmaceutical industry in the region. Water-soluble films can contribute to efficient packaging processes, potentially reducing overall packaging costs. This can be an attractive proposition for pharmaceutical companies seeking both operational efficiency and cost savings.

Major market player included in this report are:
Mondi Group
Kuraray Co. Ltd.
Cortec Corporation
Arrow GreenTech Ltd.
Amtrex Nature Care Pvt Ltd
Aicello Corporation
Sekisui Chemical Co. Ltd.
Neptun Technologies GmbH
Mitsubishi Chemical Corporation
Harke Group

Recent Developments in the Market:
Ø In June 2023, Mondi, a renowned force in sustainable packaging and paper solutions, launched SolmixBag, an innovative water-soluble bag tailored for the construction sector. It is crafted as a single-layer paper bag and serves as an ideal container for storing and transporting dry construction materials such as cement and dry mix mortar products. Uniquely designed to dissolve upon contact with water during the mixing process, the bag’s fibers seamlessly integrate with the product, eliminating waste. This breakthrough not only curtails paper waste management costs also diminishes dust at construction sites. The simplicity of placing the bag directly into the mixer, without the need for prior opening, further enhances efficiency and convenience in construction processes.

Global Water Soluble Films Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Dissolution Rate, End-User Industry, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Cold Water-soluble Films
Hot Watersoluble Films

By Dissolution Rate
Fast Soluble Films
Medium Soluble Films
Difficult Soluble Films

By End-User Industry

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Water Soluble Films Market, by Region, 2020-2030 (USD Million)
1.2.2. Water Soluble Films Market, by Type, 2020-2030 (USD Million)
1.2.3. Water Soluble Films Market, by Dissolution Rate, 2020-2030 (USD Million)
1.2.4. Water Soluble Films Market, by End-User Industry, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Water Soluble Films Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Water Soluble Films Market Dynamics
3.1. Water Soluble Films Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising demand for food and beverages Growing demand for pharmaceuticals
3.1.2. Market Challenges High cost of water soluble films compared to conventional plastic films Lack of awareness
3.1.3. Market Opportunities Emergence of single-and unit-dose packaging Advancements in Water Soluble packaging
Chapter 4. Global Water Soluble Films Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Water Soluble Films Market, by Type
5.1. Market Snapshot
5.2. Global Water Soluble Films Market by Type, Performance – Potential Analysis
5.3. Global Water Soluble Films Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Water Soluble Films Market, Sub Segment Analysis
5.4.1. Cold Water-soluble Films
5.4.2. Hot Watersoluble Films
Chapter 6. Global Water Soluble Films Market, by Dissolution Rate
6.1. Market Snapshot
6.2. Global Water Soluble Films Market by Dissolution Rate, Performance – Potential Analysis
6.3. Global Water Soluble Films Market Estimates & Forecasts by Dissolution Rate 2020-2030 (USD Million)
6.4. Water Soluble Films Market, Sub Segment Analysis
6.4.1. Fast Soluble Films
6.4.2. Medium Soluble Films
6.4.3. Difficult Soluble Films
Chapter 7. Global Water Soluble Films Market, by End-User Industry
7.1. Market Snapshot
7.2. Global Water Soluble Films Market by End-User Industry, Performance – Potential Analysis
7.3. Global Water Soluble Films Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Million)
7.4. Water Soluble Films Market, Sub Segment Analysis
7.4.1. Packaging
7.4.2. Textile
7.4.3. Pharmaceuticals
7.4.4. Others
Chapter 8. Global Water Soluble Films Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Water Soluble Films Market, Regional Market Snapshot
8.4. North America Water Soluble Films Market
8.4.1. U.S. Water Soluble Films Market Type breakdown estimates & forecasts, 2020-2030 Dissolution Rate breakdown estimates & forecasts, 2020-2030 End-User Industry breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Water Soluble Films Market
8.5. Europe Water Soluble Films Market Snapshot
8.5.1. U.K. Water Soluble Films Market
8.5.2. Germany Water Soluble Films Market
8.5.3. France Water Soluble Films Market
8.5.4. Spain Water Soluble Films Market
8.5.5. Italy Water Soluble Films Market
8.5.6. Rest of Europe Water Soluble Films Market
8.6. Asia-Pacific Water Soluble Films Market Snapshot
8.6.1. China Water Soluble Films Market
8.6.2. India Water Soluble Films Market
8.6.3. Japan Water Soluble Films Market
8.6.4. Australia Water Soluble Films Market
8.6.5. South Korea Water Soluble Films Market
8.6.6. Rest of Asia Pacific Water Soluble Films Market
8.7. Latin America Water Soluble Films Market Snapshot
8.7.1. Brazil Water Soluble Films Market
8.7.2. Mexico Water Soluble Films Market
8.8. Middle East & Africa Water Soluble Films Market
8.8.1. Saudi Arabia Water Soluble Films Market
8.8.2. South Africa Water Soluble Films Market
8.8.3. Rest of Middle East & Africa Water Soluble Films Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Mondi Group Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Kuraray Co. Ltd.
9.3.3. Cortec Corporation
9.3.4. Arrow GreenTech Ltd.
9.3.5. Amtrex Nature Care Pvt Ltd
9.3.6. Aicello Corporation
9.3.7. Sekisui Chemical Co. Ltd.
9.3.8. Neptun Technologies GmbH
9.3.9. Mitsubishi Chemical Corporation
9.3.10. Harke Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Market driving trends and favorable economic conditions
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