Theglobal watersoluble packaging market size was valued at USD 3.61 billion in 2023. Themarket is projected to expand from USD 3.78 billion in 2024 to USD 5.65 billion
by 2032, exhibiting a CAGR of 5.13% during the forecast period.
Water soluble packaging technology renderspackages biodegradable as these materials dissolve completely in water without
leaving any residue. Increasing environmental awareness drives the adoption of
biodegradable materials such as polysaccharide protein-based films. This meets
consumer demand for eco-friendly packaging options and propels market
expansion.
Fortune Business Insights™ provides this information in its research report, titled “Water SolublePackaging Market, 2024-2032”.
Segmentation:
Polymer Segment Segment Dominatesowing to Exceptional Compatibility
In terms of material,the market is segmented into polymers {Polyvinyl Acetate, Polyvinyl Alcohol},
surfactants, and fibers. The polymers segment holds the largest water soluble
packaging market share. Polymers exhibit compatibility with diverse product ingredients, includingenzymes and aggressive chemicals, making them suitable for various
applications, thus boosting segment growth.
Films Segmentto Lead the Market Owing to its Ability to ProvideConvenient Solution
In terms of product type, the market is fragmented into pouches, sachets,films, bags, and pods & capsules. Films capture the largest share of the
market. Water soluble films eliminate the need to handle potentially harmful substancesand provide convenient solutions for single-use products such as laundry or
dishwasher pods, enhancing their demand and driving segment growth.
HotWater Segment Holds the Largest Share due to Versatility in Applications
In terms of temperature, the market for water soluble packaging is fragmented into cold water and hot water. Thehot water segment secures the largest share of the market. Withapplications spanning in laundry detergents, cleaning agents, and dishwashing
detergents, fueling the segment growth.
Households Segment Holds the Largest Share due to Increased Demand for Convenient PackagingSolutions
Byend-use industry, themarket is divided into food, healthcare, agriculture, household, water
treatment, building & construction, and others. The households segment captures the largest share inthe end-use industry segment. Theconvenience offered by water-soluble packaging in household products such as
laundry detergent pods and cleaning solutions drives its adoption among
households, leading to segment growth.
The report offers comprehensive market analysis, covering leadingcompanies, competitive landscape, product/service types, and market shares,
along with key application insights and industry trends.
Drivers and Restraints:
Surgein Demand for Water Soluble Films with Sustainable Factors to Boost Market
Growth
Heightenedenvironmental concerns worldwide are fostering a growing demand for
eco-friendly packaging solutions such as water-soluble films, stimulating water soluble packaging market growth. The user-friendly features of water-soluble packaging,such as ease of use and convenience, appeal to manufacturers. They facilitate
the production of single-use packs, preventing wastage and spillage among
end-users, thus driving market expansion.
