Water Soluble Packaging Market Size

SkyQuest Technology's Water soluble packaging market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Water Soluble Packaging Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Water Soluble Packaging Market Insights

Market Overview:

The estimated global market size for water-soluble packaging reached USD 3.14 billion in 2022 and is anticipated to exhibit a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This innovative packaging solution, designed to dissolve in water, offers a sustainable substitute for conventional materials like plastic, glass, and metal. The surge in the water-soluble packaging market is driven by increasing environmental awareness and a shift in consumer preferences toward eco-friendly packaging options. Recognized for its user-friendly nature, easy dissolvability, and minimal environmental impact, this packaging aligns with growing concerns over pollution and is gaining traction, especially in response to stringent regulations imposed by the U.S. federal government on plastic packaging. The presence of key manufacturers like MonoSol (a Kuraray Division), U.S. Non Wovens, Mondi, and SmartSolve Industries further bolsters the demand for water-soluble packaging solutions in the United States.

Water Soluble Packaging Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Paper Packaging by segment aggregation, the contribution of the Paper Packaging in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

The market for Water Soluble Packaging was estimated to be valued at US$ XX Mn in 2021.

The Water Soluble Packaging Market is estimated to grow at a CAGR of XX% by 2028.

The Water Soluble Packaging Market is segmented on the basis of Material, Product, Solubility Type, End-use, Region.

Based on region, the Water Soluble Packaging Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Water Soluble Packaging Market are , Kuraray , Lithey Inc. , Mondi Group , SEKISUI CHEMICAL CO., LTD. , Mitsubishi Chemical Corporation , Soltec Development , Soluble Technology Limited , Aquapak Polymers Ltd. , Rovi Packaging, S.A. , INVISIBLE COMPANY , AICELLO CORPORATION , Medanos Claros HK Limited , Cortec Corporation , Acedag Ltd , Changzhou Haoteng Environmental Protection New Material Technology Co., Ltd. , Green Master Packaging , Guangdong Proudly New Material Technology Corp. , Solupak , EOS Plast Srl , SolubagBy Region , North America , Europe , Asia-Pacific , Latin America , Middle East and Africa.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Water Soluble Packaging Market
Water Soluble Packaging Market

Report ID: UCMIG15H2038

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE