Market Overview:
The global water-soluble film market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for water-soluble films in various applications such as detergent, agrochemical, water treatment, food and others. North America is expected to dominate the market during the forecast period owing to the presence of key players and technological advancements in this region. Asia Pacific is projected to be fastest growing region during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Water-soluble film is a thin, transparent sheet of material that dissolves in water to form a solution. It is used to make films and coatings that are applied to various surfaces. The water-soluble film can be used as an adhesive or barrier and can protect the surface from moisture, dust, and dirt.
Cold Water-soluble Film:
Water-soluble films are widely used in the pharmaceutical industry for packaging various products such as tablets, capsules, and powders. The product is gaining importance over other conventional materials owing to its several advantages such as high stability and biocompatibility. Furthermore, it also helps in reducing the overall weight of the package which further leads to reduced cost of transportation.
The global water-soluble film market size was valued at USD 3.6 billion in 2015.
Hot Water-soluble Film:
Hot water-soluble films are made from polyvinyl alcohol and are used as a protective cover on the surface of water. They have applications in cosmetics, pharmaceuticals, food & beverages packaging and others. The demand for hot water-soluble film is expected to witness growth over the forecast period owing to its increasing use in personal care products such as shampoos & conditioners, eye makeup remover liquids and face washes among others.
Application Insights:
Detergents were the largest application segment in 2017 and are projected to witness significant growth over the forecast period. The product is used as a detergent builder, which helps enhance the overall cleaning performance of detergents. It also has excellent emulsification properties, which help remove soil from textile fibers without dissolving them. Detergent manufacturers are constantly trying to find innovative ways of incorporating water-soluble films into their products so as to gain an edge over their competitors in terms of quality and price points.
The food application segment was valued at USD 120 million in 2017 owing to rising demand for packaging fresh foods such as fruits, vegetables, meat & poultry products along with dairy products like cheese and yogurt at affordable prices across various regions globally.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 45% of global water-soluble film demand. China, India, Japan, South Korea and Taiwan are some of the major countries that contribute to APAC’s total revenue share. Detergent application dominated Asia Pacific water-soluble film industry followed by agrochemical application segment owing to rising consumer awareness regarding health and hygiene issues coupled with increasing disposable income levels in developing economies including China and India has been fueling product demand across these nations as well as other Southeast Asian countries such as Vietnam, Indonesia & Thailand among others are expected to drive growth over the next eight years.
North America emerged as a significant regional market for water-soluble films due to growing detergent manufacturing capacity especially in U.S.
Growth Factors:
- Increasing demand from the packaging industry for water-soluble films as they are environment-friendly and help in reducing the weight of the packaged product.
- Rising demand for water-soluble films from the medical sector as they are used in bandages, wound dressings, and other medical applications.
- Growing popularity of water-soluble films among consumers due to their biodegradable nature and non-toxicity.
- Increasing research and development activities by film manufacturers to develop innovative products that can be used in various end-use industries.
- Expansion of global food processing industry, which is expected to create new opportunities for growth of the water soluble film market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-soluble Film Market Research Report
By Type
Cold Water-soluble Film, Hot Water-soluble Film
By Application
Detergent, Agrochemical, Water Treatment, Food, Others
By Companies
Kuraray, The Nippon Synthetic Chemical, Sekisui Chemical, Aicello, Arrow Coated Products, Cortec, Changzhou Water Soluble, Jiangmen Proudly, AMC (UK), HARKE Group, Kuraray, INFHIDRO, KK NonWovens, Neptun Technologies, Noble Industries, Soluble Technology, Soluclean, Yongan SYF
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Water-soluble Film Market Report Segments:
The global Water-soluble Film market is segmented on the basis of:
Types
Cold Water-soluble Film, Hot Water-soluble Film
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
Detergent, Agrochemical, Water Treatment, Food, Others
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:
- Kuraray
- The Nippon Synthetic Chemical
- Sekisui Chemical
- Aicello
- Arrow Coated Products
- Cortec
- Changzhou Water Soluble
- Jiangmen Proudly
- AMC (UK)
- HARKE Group
- Kuraray
- INFHIDRO
- KK NonWovens
- Neptun Technologies
- Noble Industries
- Soluble Technology
- Soluclean
- Yongan SYF
Highlights of The Water-soluble Film 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 Film
- Hot Water-soluble Film
- By Application:
- Detergent
- Agrochemical
- Water Treatment
- Food
- Others
- 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 Water-soluble Film 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?
Water-soluble films are films that dissolve in water.
Some of the major companies in the water-soluble film market are Kuraray, The Nippon Synthetic Chemical, Sekisui Chemical, Aicello, Arrow Coated Products, Cortec, Changzhou Water Soluble, Jiangmen Proudly, AMC (UK), HARKE Group, Kuraray, INFHIDRO, KK NonWovens, Neptun Technologies, Noble Industries, Soluble Technology, Soluclean, Yongan SYF.
The water-soluble film market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water-soluble Film 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 Water-soluble Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water-soluble Film 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 Water-soluble Film 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 Water-soluble Film Market Size & Forecast, 2018-2028
4.5.1 Water-soluble Film Market Size and Y-o-Y Growth
4.5.2 Water-soluble Film Market Absolute $ Opportunity
Chapter 5 Global Water-soluble Film 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 Water-soluble Film Market Size Forecast by Type
5.2.1 Cold Water-soluble Film
5.2.2 Hot Water-soluble Film
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Water-soluble Film 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 Water-soluble Film Market Size Forecast by Applications
6.2.1 Detergent
6.2.2 Agrochemical
6.2.3 Water Treatment
6.2.4 Food
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water-soluble Film 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 Water-soluble Film 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 Water-soluble Film Analysis and Forecast
9.1 Introduction
9.2 North America Water-soluble Film 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 Water-soluble Film Market Size Forecast by Type
9.6.1 Cold Water-soluble Film
9.6.2 Hot Water-soluble Film
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 Water-soluble Film Market Size Forecast by Applications
9.10.1 Detergent
9.10.2 Agrochemical
9.10.3 Water Treatment
9.10.4 Food
9.10.5 Others
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 Water-soluble Film Analysis and Forecast
10.1 Introduction
10.2 Europe Water-soluble Film 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 Water-soluble Film Market Size Forecast by Type
10.6.1 Cold Water-soluble Film
10.6.2 Hot Water-soluble Film
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 Water-soluble Film Market Size Forecast by Applications
10.10.1 Detergent
10.10.2 Agrochemical
10.10.3 Water Treatment
10.10.4 Food
10.10.5 Others
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 Water-soluble Film Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Water-soluble Film 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 Water-soluble Film Market Size Forecast by Type
11.6.1 Cold Water-soluble Film
11.6.2 Hot Water-soluble Film
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 Water-soluble Film Market Size Forecast by Applications
11.10.1 Detergent
11.10.2 Agrochemical
11.10.3 Water Treatment
11.10.4 Food
11.10.5 Others
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 Water-soluble Film Analysis and Forecast
12.1 Introduction
12.2 Latin America Water-soluble Film 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 Water-soluble Film Market Size Forecast by Type
12.6.1 Cold Water-soluble Film
12.6.2 Hot Water-soluble Film
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 Water-soluble Film Market Size Forecast by Applications
12.10.1 Detergent
12.10.2 Agrochemical
12.10.3 Water Treatment
12.10.4 Food
12.10.5 Others
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) Water-soluble Film Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Water-soluble Film 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) Water-soluble Film Market Size Forecast by Type
13.6.1 Cold Water-soluble Film
13.6.2 Hot Water-soluble Film
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) Water-soluble Film Market Size Forecast by Applications
13.10.1 Detergent
13.10.2 Agrochemical
13.10.3 Water Treatment
13.10.4 Food
13.10.5 Others
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 Water-soluble Film Market: Competitive Dashboard
14.2 Global Water-soluble Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kuraray
14.3.2 The Nippon Synthetic Chemical
14.3.3 Sekisui Chemical
14.3.4 Aicello
14.3.5 Arrow Coated Products
14.3.6 Cortec
14.3.7 Changzhou Water Soluble
14.3.8 Jiangmen Proudly
14.3.9 AMC (UK)
14.3.10 HARKE Group
14.3.11 Kuraray
14.3.12 INFHIDRO
14.3.13 KK NonWovens
14.3.14 Neptun Technologies
14.3.15 Noble Industries
14.3.16 Soluble Technology
14.3.17 Soluclean
14.3.18 Yongan SYF
