Market Analysis and Insights: Global Water Soluble Packaging Films Market
Water soluble packaging films market will reach an estimated valuation of USD 577.23 million by 2027 from USD 384.79 million in 2019, while registering this growth at a rate of 5.20% for the forecast period of 2020 to 2027. Rising environmental and sustainability worries will act as a driving factor for the growth of the water soluble packaging films market in the above mentioned period.
Water soluble packaging films come with features that help machinability targets and are extensively used in applications such as sachets, bags, pouches and end user companies prefer water soluble packaging films which generate less waste and lead to minimal downtime during production.
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Rising demand for water soluble packaging films from several end uses such as laundry bags, detergents and agrochemicals, increasing disposable income of the people, growing inclination of customers towards recycled products are some of the factors that will likely to boost the growth of the water soluble packaging films market in the forecast period of 2020-2027. On the other hand, increasing usage of water soluble packaging films in various applications and prohibition on single-use plastics will create several opportunities for the water soluble packaging films market in the above mentioned forecast period.
Secondary packaging necessities may hamper the growth of the water soluble packaging films market in the above mentioned period. High adoption of bioplastics will act as a challenge for the market growth.
This water soluble packaging films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on water soluble packaging films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Water Soluble Packaging Films Market Scope and Market Size
Global Water soluble packaging films market is segmented on the basis of application, raw materials and end use products. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of application, the water soluble packaging films market is segmented into bags, pouches, sachets and others.
On the basis of raw materials, the water soluble packaging films market is segmented into polymers, surfactants, and fibers.
On the basis of end use products, the water soluble packaging films market is segmented into agriculture chemicals, industrial chemicals, laundry detergents, disinfectants, water treatment chemicals and others.
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Water Soluble Packaging Films Market Country Level Analysis
Water soluble packaging films market is analysed and market size, volume information is provided by country, application, raw materials and end use products as referenced above.
The countries covered in the water soluble packaging films market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the water soluble packaging films market due to rising awareness among the people concerning the need for reduction of single-use plastics in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Water Soluble Packaging Films Market Share Analysis
Water soluble packaging films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to water soluble packaging films market.
The major players covered in the water soluble packaging films market report are
· AICELLO INDIA PRIVATE LIMITED
· Cortec Corporation
· Sekisui Specialty Chemicals America Llc
· Amtrex Nature Care Pvt Ltd
· KK Nonwovens - Fusepro Interlinings
· GreenTech Ltd.
· Sekisui Chemical
· Solupak Ltd
· Merck & Co.
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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