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Water Soluble Films MarketTrends, Opportunities, Key Segmentation, Regional Growth, Leading Companies, and Forecast to 2029

09-10-2024 11:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 215 market data Tables and 50 Figures spread through 210 Pages and in-depth TOC on "Water Soluble Films Market"

Browse 215 market data Tables and 50 Figures spread through 210 Pages and in-depth TOC on "Water Soluble Films Market"

The water-soluble films market offers eco-friendly packaging solutions. Growth is driven by sustainability trends and innovations. Asia-Pacific leads in regional growth, with North America and Europe also expanding.
In terms of value, the water soluble films market [https://www.marketsandmarkets.com/Market-Reports/water-soluble-film-market-31753669.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=watersolublefilmmarket] is estimated to grow from USD 441.8 million in 2024 to USD 586.4 million by 2029, at a CAGR of 5.8%. The market for water soluble films is primarily driven by rising environmental consciousness and the subsequent shift towards sustainable materials. Conventional plastic packaging has drawn criticism for its effects on the environment as it leads to plastic pollution and the buildup of non-biodegradable waste in landfills and ocean. Water soluble films, which dissolve in water and leave no toxic residues behind are a desirable alternative for companies looking to reduce their environmental impact and support global sustainability.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31753669 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31753669&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=watersolublefilmmarket]

Based on type, the water-soluble films market is segmented as cold water soluble films and hot water-soluble films. From them, cold water soluble films segment accounted for largest market share, in terms of value, in 2023 and continue to dominate during the forecast period. This dominance is attributed to its adaptability and wide usage of these films in various applications. Cold water soluble films are frequently used in the detergent business for packaging of dishwashers and laundry detergents. To save energy and protect delicate fabrics, consumers are increasingly using cold wash cycles, and these cycles provide the ease of pre-measured doses while ensuring that the film dissolves entirely.

Based on application, the water soluble films market is segmented into detergent packaging, agrochemical packaging, water treatment chemical packaging, dye packaging, laundry bags, embroidery, food packaging, pharmaceutical, and other applications. The detergent packaging segment is estimated to be the largest application. Water soluble films dissolve easily in water, providing a mess-free and convenient way to use single-dose laundry and detergents. This eliminates the need for measuring and reduces the risk of spills. The need for convenient handling and less wastage of products in the developed markets will boost the use of water soluble films for detergent packaging.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=31753669 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=31753669&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=watersolublefilmmarket]

Based on region, Asia Pacific is projected to witness the highest CAGR during the forecast period. This growth is due to the rapid industrialization, robust economic growth, increasing population, rising disposable incomes, and favorable government regulations. Consumer expenditure on packaged goods, personal care items, and medications is expanding owing to the growing middle-class incomes. The need for innovative and sustainable packaging solutions, including water-soluble films, that satisfy the demands of ecologically conscious customers drives the market.

The key players profiled in the water-soluble films industry [https://www.marketsandmarkets.com/ResearchInsight/water-soluble-film-market.asp?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=watersolublefilmmarket] report include Mitsubishi Chemical Group Corporation (Japan), SEKISUI CHEMICAL CO., LTD. (Japan), KURARAY CO., LTD. (Japan), AICELLO CORPORATION (Japan), Ecopol S.p.A. (Italy), Arrow GreenTech Ltd. (India), Cortec Corporation (US), Changzhou Greencradleland Macromolecule Materials Co., Ltd. (China), Jiangmen Proudly Water-soluble Plastic Co., Ltd. (China), AMC (UK) Ltd. (UK), and Noble Industries (India). These companies have reliable manufacturing facilities as well as strong global footprint across key regions, such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies.

Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=31753669 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=31753669&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=watersolublefilmmarket]

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=water-soluble-films-markettrends-opportunities-key-segmentation-regional-growth-leading-companies-and-forecast-to-2029]
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