The global water soluble film market was worth US$ 358.4 Million in 2018. 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.
The growing demand for water soluble films and their increasing utilization as a sustainable and eco-friendly packaging material are some of the key factors driving the market growth. For instance, they allow detergent manufacturers to offer single-use packs which help in preventing wastage, spillage and overdosing by the end user. In the chemical industry, these films help in protecting industrial workers from coming in direct contact with hazardous materials. Additionally, owing to the air and oil resistant properties of these films, they are widely used in the food and beverage industry. Moreover, with continuous research and development, manufacturers are introducing water-soluble films made from milk-based thermoplastic that can easily break down in soil and water. The increasing requirement of environment-friendly and easy-to-use packaging materials for agrochemicals along with the introduction of stringent environmental protection laws and regulations is another factor contributing to the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 485.8 Million by 2024, registering a CAGR of around 5% during 2019-2024.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Material:
- Market Breakup by Application:
- Detergent Packaging
- Agrochemical Packaging
- Water Treatment Chemical Packaging
- Pharmaceutical Packaging
- Others
- Market Breakup by End-user:
- Textile
- Agriculture
- Consumer Goods
- Healthcare
- Others
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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., and Neptun Technologies GmbH, etc.
Key Questions Answered in This Report:
- How has the global water soluble film market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global water soluble film industry?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global water soluble film industry?
- What are the key driving factors and challenges in the global water soluble film industry?
- What is the structure of the global water soluble film industry and who are the key players?
- What is the degree of competition in the global water soluble film industry?
- What are the profit margins in the global water soluble film industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Water Soluble Film Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Material
5.4 Market Breakup by Application
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Material
6.1 PVA/PVOH
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Xylan
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Detergent Packaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Agrochemical Packaging
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Water Treatment Chemical Packaging
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Pharmaceutical Packaging
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End-User
8.1 Textile
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Agriculture
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Goods
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Kuraray Co. Ltd
14.3.2 Nippon Synthetic Chemical Industry Co. Ltd
14.3.3 Sekisui Chemical Co., Ltd
14.3.4 Aicello Corporation
14.3.5 Arrow GreenTech Ltd
14.3.6 Cortec Corporation
14.3.7 Changzhou Kelin PVA Water Soluble Films Co., Ltd
14.3.8 Jiangmen Proudly Water-soluble Plastic Co., Ltd.
14.3.9 AMC (UK) Ltd
14.3.10 3M Company
14.3.11 Mitsubishi Chemical Corporation
14.3.12 DuPont de Nemours, Inc.
14.3.13 Fujian Zhongsu Biodegradable Films Co., Ltd.
14.3.14 Dezhou Huamao Textile Co. Ltd.
14.3.15 Neptun Technologies GmbH
List of Figures
Figure 1: Global: Water Soluble Film Market: Major Drivers and Challenges
Figure 2: Global: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 3: Global: Water Soluble Film Market: Breakup by Material (in %), 2018
Figure 4: Global: Water Soluble Film Market: Breakup by Application (in %), 2018
Figure 5: Global: Water Soluble Film Market: Breakup by End-User (in %), 2018
Figure 6: Global: Water Soluble Film Market: Breakup by Region (in %), 2018
Figure 7: Global: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 8: Global: Water Soluble Film Industry: SWOT Analysis
Figure 9: Global: Water Soluble Film Industry: Value Chain Analysis
Figure 10: Global: Water Soluble Film Industry: Porter’s Five Forces Analysis
Figure 11: Global: Water Soluble Film (PVA/PVOH) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: Water Soluble Film (PVA/PVOH) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Water Soluble Film (Xylan) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: Water Soluble Film (Xylan) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Water Soluble Film (Detergent Packaging) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: Water Soluble Film (Detergent Packaging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Water Soluble Film (Agrochemical Packaging) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: Water Soluble Film (Agrochemical Packaging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Water Soluble Film (Water Treatment Chemical Packaging) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: Water Soluble Film (Water Treatment Chemical Packaging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Water Soluble Film (Pharmaceutical Packaging) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: Water Soluble Film (Pharmaceutical Packaging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Water Soluble Film (Other Applications) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: Water Soluble Film (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Water Soluble Film (Textile) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: Water Soluble Film (Textile) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Water Soluble Film (Agriculture) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: Water Soluble Film (Agriculture) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Water Soluble Film (Consumer Goods) Market: Sales Value (in Million US$), 2013-2018
Figure 30: Global: Water Soluble Film (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Water Soluble Film (Healthcare) Market: Sales Value (in Million US$), 2013-2018
Figure 32: Global: Water Soluble Film (Healthcare) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Water Soluble Film (Other End-Users) Market: Sales Value (in Million US$), 2013-2018
Figure 34: Global: Water Soluble Film (Other End-Users) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: North America: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 36: North America: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Europe: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 38: Europe: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Asia Pacific: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 40: Asia Pacific: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Middle East and Africa: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 42: Middle East and Africa: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Latin America: Water Soluble Film Market: Sales Value (in Million US$), 2013-2018
Figure 44: Latin America: Water Soluble Film Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Water Soluble Film Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Water Soluble Film Market Forecast: Breakup by Material (in Million US$), 2019-2024
Table 3: Global: Water Soluble Film Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: Water Soluble Film Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Water Soluble Film Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Water Soluble Film Market Structure
Table 7: Global: Water Soluble Film Market: Key Players