The latest report by IMARC Group, titled “Water Soluble Film Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global water soluble film market reached a value of US$ 389 Million in 2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026. A water soluble film (WSF) refers to a plastic layer that has the unique characteristic of completely dissolving and disappearing in the water at room temperature. Nowadays, the demand for water soluble films has escalated around the world as it is a smart and sustainable solution for packaging, which offers gas barrier protection, and resistance to oil and organic solvents.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
Global Water Soluble Film Market Trends:
With the rising environmental concerns, various industries are utilizing water soluble films as they are biodegradable, non-toxic and non-inhibitory, and help in reducing packaging wastes. Also, governments in various nations are implementing stringent environmental protection laws and regulations, which has increased the demand for water soluble films. Several companies are also focusing on developing green water soluble films to help consumers with precise dosing, and safe handling or storage of toxic and hazardous products. They are introducing films that provide optimum tensile strength and flexibility when used with multiple forms of packaging materials. This enables the companies to achieve a balance between maintaining profitability and reducing their environmental impact.
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Key Market Segmentation:
Competitive Landscape with Key Player:
- Kuraray Co. Ltd.
- Nippon Synthetic Chemical Industry Co. Ltd.
- Sekisui Chemical Co., Ltd.
- Aicello Corporation
- Arrow GreenTech Ltd.
- Cortec Corporation Changzhou Kelin PVA Water Soluble Films Co., Ltd.,
- Jiangmen Proudly Water-soluble Plastic Co., Ltd.
- AMC (UK) Ltd.3M Company
- Mitsubishi Chemical Corporation
- DuPont de Nemours, Inc.
- Fujian Zhongsu Biodegradable Films Co., Ltd.
- Dezhou Huamao Textile Co. Ltd.
- Neptun Technologies GmbH.
Market Breakup by Material:
Market Breakup by Application:
- Detergent Packaging
- Agrochemical Packaging
- Water Treatment Chemical Packaging
- Pharmaceutical Packaging
Market Breakup by End-user:
- Consumer Goods
Market Breakup by Region:
- Asia Pacific
- Middle East and Africa
- Latin America.
Key Highlights of the Report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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