Market Overview:
The global polyvinyl alcohol water-soluble packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food and beverages, pharmaceuticals, agriculture, chemicals and water treatment applications across the globe. Polyvinyl alcohol (PVA) is a versatile polymer that offers various benefits such as high clarity, good gas barrier properties and excellent moisture resistance over other packaging materials such as plastics and glass. These factors are expected to drive the demand for PVA-based water-soluble packaging products in the coming years. In terms of type, cold water soluble PVA accounted for a major share of the global market in 2017. This segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030 due its ability to dissolve quickly without leaving any residue or foam on contact with cold liquids.
Product Definition:
Polyvinyl Alcohol Water-soluble Packaging is a water soluble packaging film made from Polyvinyl Alcohol. It has good water resistance, heat resistance and sealing performance, and can be used for food packaging.
Cold Water Soluble:
Water-soluble polymers such as polyvinyl alcohol (PVOH) are used in the manufacturing of cold water soluble packaging. The growth factor for PVOH is its ability to dissolve easily in cold water and it can be molded into various shapes and sizes. It has a high melting point, which allows it to be used at room temperature as opposed to other water-soluble polymer such as PVA that requires heating for molding or extrusion purposes.
Hot Water Soluble:
Hot water soluble polyvinyl alcohol is a type of synthetic polymer, which has the ability to dissolve in hot water. It is used as an emulsifier and stabilizer in various food products such as bakery items, dairy products, sauces & dressing and meat & poultry. The product also finds application in pharmaceuticals for oral drug formulations owing to its properties such as low viscosity that allows smooth consumption by patients with impaired kidney or liver functions.
Application Insights:
The food and beverages application segment led the global polyvinyl alcohol water-soluble packaging market in 2017. This was attributed to high demand for packaged drinking water, frozen desserts, ice creams, processed meats and confectionery products. Polyvinyl alcohol is used as a carrier for flavors and colors in several foods such as cheese, chocolate bars, yogurt among others. It is also used to carry taste elements such as capsaicinoids that impart spicy flavor to food products.
Polyvinyl alcohol based packaging solutions are considered ideal for the agricultural industry due to their biodegradable nature; they can be easily decomposed by microorganisms present in soil which eventually results in decomposition of the product itself (poly vinyl acetate). Furthermore, it has excellent barrier properties against oxygen and moisture which makes it suitable for use across multiple applications including pharmaceuticals & personal care where stringent requirements on product protection against environment are required along with ease of handling during transportation & storage conditions.
Regional Analysis:
Asia Pacific was the largest regional market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production owing to availability of cheap raw material and labor. China, India, Japan, South Korea are some of the major consumers in this region due to high growth rate in end-use industries coupled with increasing per capita income levels among middle class population groups.
The polyvinyl alcohol demand from packaging applications is likely to grow at a significant pace owing to rising product use for food storage as well as pharmaceuticals industry especially after an outbreak of coronavirus disease which has led China’s government into a lockdown mode across all cities thus impacting negatively on GDP growth rates countrywide.
Growth Factors:
- Increasing demand for water-soluble packaging from the food and beverage industry as it helps in reducing environmental pollution.
- Rising demand for biodegradable and compostable packaging materials as they are environment-friendly.
- Growing popularity of Polyvinyl Alcohol (PVA) films among converters due to its excellent optical properties, clarity, gloss, and printability.
- Proliferation of e-commerce sector is fueling the growth of Polyvinyl Alcohol (PVA) films market as these films offer protection against moisture and dust during transit.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyvinyl Alcohol Water-soluble Packaging Market Research Report
By Type
Cold Water Soluble, Hot Water Soluble
By Application
Food and Beverages, Pharmaceuticals, Agriculture, Chemicals, Water Treatment
By Companies
Lithey Inc, Mondi Group, Sekisui Chemicals, Kuraray Co. Ltd., Mitsubishi Chemical Holdings, Aicello Corporation, Aquapak Polymers Ltd., Lactips, Cortec Corporation, Acedag Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Polyvinyl Alcohol Water-soluble Packaging Market Report Segments:
The global Polyvinyl Alcohol Water-soluble Packaging market is segmented on the basis of:
Types
Cold Water Soluble, Hot Water Soluble
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Pharmaceuticals, Agriculture, Chemicals, Water Treatment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lithey Inc
- Mondi Group
- Sekisui Chemicals
- Kuraray Co. Ltd.
- Mitsubishi Chemical Holdings
- Aicello Corporation
- Aquapak Polymers Ltd.
- Lactips
- Cortec Corporation
- Acedag Ltd.
Highlights of The Polyvinyl Alcohol Water-soluble Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cold Water Soluble
- Hot Water Soluble
- By Application:
- Food and Beverages
- Pharmaceuticals
- Agriculture
- Chemicals
- Water Treatment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyvinyl Alcohol Water-soluble Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyvinyl alcohol water-soluble packaging is a type of plastic packaging made from polyvinyl alcohol. The material is dissolved in water, and the resulting solution can be used to form containers for food or other products. This type of packaging is often used to store foods that are sensitive to moisture, such as fruits and vegetables.
Some of the major companies in the polyvinyl alcohol water-soluble packaging market are Lithey Inc, Mondi Group, Sekisui Chemicals, Kuraray Co. Ltd., Mitsubishi Chemical Holdings, Aicello Corporation, Aquapak Polymers Ltd., Lactips, Cortec Corporation, Acedag Ltd..
The polyvinyl alcohol water-soluble packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyvinyl Alcohol Water-soluble Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyvinyl Alcohol Water-soluble Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyvinyl Alcohol Water-soluble Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyvinyl Alcohol Water-soluble Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyvinyl Alcohol Water-soluble Packaging Market Size & Forecast, 2020-2028
4.5.1 Polyvinyl Alcohol Water-soluble Packaging Market Size and Y-o-Y Growth
4.5.2 Polyvinyl Alcohol Water-soluble Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cold Water Soluble
5.2.2 Hot Water Soluble
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceuticals
6.2.3 Agriculture
6.2.4 Chemicals
6.2.5 Water Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyvinyl Alcohol Water-soluble Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyvinyl Alcohol Water-soluble Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cold Water Soluble
9.6.2 Hot Water Soluble
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceuticals
9.10.3 Agriculture
9.10.4 Chemicals
9.10.5 Water Treatment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cold Water Soluble
10.6.2 Hot Water Soluble
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceuticals
10.10.3 Agriculture
10.10.4 Chemicals
10.10.5 Water Treatment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cold Water Soluble
11.6.2 Hot Water Soluble
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceuticals
11.10.3 Agriculture
11.10.4 Chemicals
11.10.5 Water Treatment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cold Water Soluble
12.6.2 Hot Water Soluble
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceuticals
12.10.3 Agriculture
12.10.4 Chemicals
12.10.5 Water Treatment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cold Water Soluble
13.6.2 Hot Water Soluble
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceuticals
13.10.3 Agriculture
13.10.4 Chemicals
13.10.5 Water Treatment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyvinyl Alcohol Water-soluble Packaging Market: Competitive Dashboard
14.2 Global Polyvinyl Alcohol Water-soluble Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lithey Inc
14.3.2 Mondi Group
14.3.3 Sekisui Chemicals
14.3.4 Kuraray Co. Ltd.
14.3.5 Mitsubishi Chemical Holdings
14.3.6 Aicello Corporation
14.3.7 Aquapak Polymers Ltd.
14.3.8 Lactips
14.3.9 Cortec Corporation
14.3.10 Acedag Ltd.
