Water soluble films are widely used for unit dose packaging of detergents, agrochemicals, food ingredients, pharmaceuticals, and water treatment chemicals. These films dissolve in the water within minutes, and leaves no toxic residue in the nature after its dissolution in water. These films are manufactured from polyvinyl resins and are synonymously called PVA/PVOH films. Water soluble films are ideal for a variety of packaging applications.

Market Dynamics:

Rise in use of water soluble films or increase in applications of water soluble films, increase in use of single and unit dose packaging in various end-use industries, focus of governments on green procurement policies, and increasing applications in the powdered chemical packaging sector are major factors expected to aid in the growth of the global water soluble films market.

For instance, in August 2022, TIPA and Aquapak teamed up to develop new compostable film solutions. TIPA will incorporate Aquapak’s water-soluble polymer technology with the aim of delivering high-barrier and PVDC-free compostable films for packaging. Moreover, in October 2020, Cortec Corporation announced that its patented EcoSol water soluble pouches are now being manufactured at the company's European bioplastics plant in Croatia to deliver and meet the needs of European and Asian customers.

Key features of the study:

• This report provides in-depth analysis of the global water soluble films market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2030), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global water soluble films market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Mondi Group, Kuraray Co. Ltd., Cortec Corporation, Arrow GreenTech Ltd., AMC (UK) Ltd., Aicello Corporation, Sekisui Chemical Co. Ltd., Neptun Technologies GmbH, and Mitsubishi Chemical Corporation, among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global water soluble films market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global water soluble films market.

Detailed Segmentation:

• Global Water Soluble Films Market, By Type:
  • Cold Water-soluble Films
  • Hot Water-soluble Films
• Global Water Soluble Films Market, By Dissolution Rate:
  • Fast Soluble Films
  • Medium Soluble Films
  • Difficult Soluble Films
• Global Water Soluble Films Market, By End-User Industry:
  • Packaging
  • Textile
  • Pharmaceuticals
  • Other End-user Industries
• Global Water Soluble Films Market, By Geography:
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
• Company Profiles:
  • Mondi Group
  • Kuraray Co. Ltd.
  • Cortec Corporation
  • Arrow GreenTech Ltd.
  • AMC (UK) Ltd.
  • Aicello Corporation
  • Sekisui Chemical Co. Ltd.
  • Neptun Technologies GmbH
  • Mitsubishi Chemical Corporation