Press release
Water Soluble Films Market 2021 Business Scenario - Aicello Corporation, AMC (UK) Ltd, Arrow GreenTech Ltd
The Water Soluble Films Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Water Soluble Films market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Water Soluble Films market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Water Soluble Films market.The market for water soluble films is expected to witness a CAGR of around 6%.
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Top Leading Companies of Water Soluble Films Market are - Aicello Corporation, AMC (UK) Ltd, Arrow GreenTech Ltd, Cortec Corporation, KURARAY CO., LTD., Mitsubishi Chemical Corporation, Mondi Group, Neptun Technologies GmbH, SEKISUI CHEMICAL CO., LTD. and others.
Key Market Trends:
Packaging Industry to Dominate the Market
- Packaging is the major end-user industry for these films as water soluble films are easy to use, as the film offers excellent sealing and deep drawing properties, while being completely soluble even in cold water. Moreover, they are considered biodegradable, non-toxic, and non-inhibitory.
- Water soluble films made with natural polymers play an important role in packaged foods, typically at low use levels, i.e., less than 1% by weight. They are also used in making many secret sauces and salad dressings, and serve as stabilizers, preventing oil and water mixtures from separating. In manufacturing of ice cream, these polymers suppress the formation of ice-crystals. In the production of chocolate milk, natural water-soluble polymers retain cocoa powder in suspension. They also act as thickeners in cream cheese, serve as binders for pimento strips in green olives, and provide gummies with their distinctive texture.
United States to Dominate the North America Market
- The United States is the world’s largest and most powerful economy, and it had a per capita income of USD 59,610 in 2018. The economy grew at a 2.0% pace during the April-June 2019 period. Furthermore, in the third quarter of 2019, the economy grew by an annualized 1.9%. There were signs that the economy maintained a moderate pace of expansion as the year ended, supported by a strong labor market. The drastic outbreak of COVID-19 in the country has led to a downfall in the economic growth, owing to a fall in consumer spending and business shutdowns.
- In the country, the water-soluble films market is driven by high demand from the packaging, pharmaceuticals, and textiles industries. The changing trends in consumer behavior and the manufacturer’s easier convenience benefitted the industries to grow at a faster pace in the country, which is further benefitting the water-soluble films market.
-The packaging industry in the United States was valued at USD 183.92 billion in 2019, and it is expected to reach USD 218.36 billion by 2025, at a CAGR of 4.1% over the forecast period, 2020-2025. This positive momentum encourages the water-soluble films market directly to register strong growth over the forecast period.
- The pharmaceutical sector has been one of the major industries in the United States, as well as one of the most R&D-intensive industries in the country. According to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), the share of the pharmaceutical industry in the United States is expected to increase from 40.3%, in 2015, to 41%, in 2020, globally.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Water Soluble Films Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Water Soluble Films Market (%),2016 - 2026
- Water Soluble Films Market Share, By Brand
- Water Soluble Films Market Share, By Company
- Water Soluble Films Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Water Soluble Films Market Value Analysis & Forecast
- Promising Water Soluble Films Development by Major Companies
- Detailed Water Soluble Films Portfolio of the Major Companies
- Major Deals in the Water Soluble Films Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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