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Water-Soluble Films Market: In-depth Analysis, Growth Opportunities, Driving Factors and Challenges, Region and Forecast, 2021-2030

04-29-2024 12:06 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Water-Soluble Films Market

Water-Soluble Films Market

As per the new research report published by Allied Market Research, Global Water soluble films market is set to reach $644.7 million by 2030, and registering at 6.3% CAGR from 2021 to 2030. Water soluble films industry growth is driven by rising demand from pharmaceutical industry, surge in use in detergent packaging, and increase in inclination toward agriculture. However, high production cost hinders the market growth. On the contrary, consumable water-soluble films are expected to open new opportunities for the market players in the future.

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Based on product type, the cold water soluble films segment held the lion's share in 2020, accounting for more than half of the market. In addition, the segment is projected to manifest the highest CAGR of 6.5% from 2021 to 2030. The report includes an analysis of the hot water soluble films segment.

On the basis of end use, the pharmaceutical & healthcare segment is expected to register the highest CAGR of 6.8% during the forecast period. However, the consumer goods segment dominated the market in 2020, contributing to nearly two-fifths of the market.

The global water soluble films market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for nearly two-fifths of the market. However, the market across Asia-Pacific is anticipated to portray the highest CAGR of 7.2% during the forecast period.

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BY APPLICATION

1. DETERGENT PACKAGING
2. AGROCHEMICAL PACKAGING
3. PHARMACEUTICAL PACKAGING
4. DISPOSAL BAG
5. LAUNDRY BAG
6. FISHING BAGS
7. OTHERS

The global water soluble films market report includes an in-depth analysis of the prime market players such as KURARAY Co. Ltd., Mitsubishi Chemical Corporation, AICELLO Corporation, Sekisui Specialty Chemicals, Cortec Corporation, Arrow GreenTech Ltd., ACEDAG Ltd., Soluble Technology Limited, Joyforce Chemical Industrial Co., Ltd., and Jiangmen Cinch Packaging Materials Co., Ltd.

Key Benefits for Stakeholders

Porter's five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current water-soluble films market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
The profiles of key players and their key strategic developments are enlisted in the report.

Browse Full Report:
https://www.alliedmarketresearch.com/water-soluble-film-market

Similar Report:

Water Soluble Polymer Market
https://www.alliedmarketresearch.com/water-soluble-polymer-market

Amino Acid Water Soluble Fertilizers Market
https://www.alliedmarketresearch.com/amino-acid-water-soluble-fertilizers-market

Bio-polylactic Acid (PLA) Films Market
https://www.alliedmarketresearch.com/bio-polylactic-acid-PLA-films-market

Reflective-Polarizing-Films-Market https://www.alliedmarketresearch.com/reflective-polarizing-films-market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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