Dublin, August 23, 2024 (GLOBE NEWSWIRE) — The report “Water Soluble Packaging – Global Strategic Business Report” has been added to The Offer.

The global water soluble packaging market is valued at USD 4.1 billion in 2023 and is expected to reach USD 5.7 billion by 2030, growing at a CAGR of 5.1% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.

Despite its numerous advantages, water-soluble packaging faces challenges such as high production costs, limited availability of specialty materials and machinery, and the need for greater public information and education about its benefits. However, the industry is seeing promising trends that are overcoming these hurdles. Developments in new materials such as polysaccharides and proteins are improving the performance and appeal of water-soluble packaging.

In addition, major corporations and start-ups alike are investing in this technology, expanding its applications and improving its cost-effectiveness. This ongoing innovation is critical to meeting both consumer expectations and regulatory standards, ensuring that water-soluble packaging remains at the forefront of sustainable packaging solutions. Advances in materials science have also led to the development of water-soluble packaging that can withstand higher loads and varying temperatures before dissolving, expanding its use to more diverse product types, including hot drink capsules and single-use food condiments.

Key findings:

• Market Growth: Understand the significant growth curve of the polymer materials segment which is expected to reach $2.5 billion by 2030 at a CAGR of 5.2%. The surfactant materials segment is also expected to grow at a CAGR of 5.1% during the analysis period.
• Regional Analysis: Gain insights into the US market, estimated to reach $1.1 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 4.8% per year to reach $905.1 million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
• Company Profiles: Coverage of major players such as Acedag Ltd., Aicello Corporation, Amtopack Inc. and more.
• Free Updates: Get free report updates for one year to stay informed of the latest market developments.

Main features:

MARKET OVERVIEW

• Insights into the influencer market
• Global economic update
• Water Soluble Packaging – Percentage Market Share of Major Competitors Worldwide in 2024 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

• Increasing environmental concerns put water-soluble packaging in the spotlight
• Increasing demand for sustainable packaging solutions expands market opportunities
• Technological advances in water-soluble materials drive market growth
• Increasing use of single-use and disposable products strengthens the business model
• Increasing acceptance of personal care and household products creates demand
• Switching to environmentally friendly and biodegradable packaging supports market growth
• Development of water-soluble high-performance films expands market potential

Focus on selected players(Total 42 presented)

• Acedag Ltd.
• Aicello Corporation
• Amtopack Inc.
• Amtrex Nature Care Pvt. Ltd.
• Aquapak Polymers Ltd.
• Arrow Greentech GmbH
• Cortec Corporation
• Decomer technology
• Guangdong proud new material technology corporation
• Jrf Technology LLC

For more information about this report visit https://www.researchandmarkets.com/r/202kd2

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• Global water-soluble packaging market