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Water-soluble packaging market size projection and trends

Source:Towards Packaging Release Date:2024-01-04 376
Plastics & RubberPlastics Recycling PackagingIndustry FocusMarket TrendsApplication FocusAnalysis & ReportsResearchTrends & TechnologyIndustry Updates
Water-soluble packaging market size is projected to hit US$5.34 billion by 2032

According to Towards Packaging, the global water-soluble packaging market size was at USD 3.02 billion in 2022 to hit approximately USD 5.34 billion by 2032, registered at 5.9% CAGR projected between 2023 and 2032.

 

 

Report Highlights: Important Revelation
 

- Transformative shift towards eco-friendly solutions with water-soluble packaging

- A paradigm shift towards sustainable water-soluble packaging

- Transforming water-soluble packaging with polymer solutions

- Revolutionizing agricultural packaging with different industrial sectors

- North America takes the helm in the global water-soluble market by 31.42%

- Europe takes the lead, Asia emerges in the water-soluble packaging market

 

 

 


Transformative Shift Towards Eco-Friendly Solutions with Water-Soluble Packaging

 

The global water-soluble packaging market is expected to reach around USD 4.46 billion by 2029. Water-soluble packaging is a packaging material that can disintegrate or dissolve in water; it is also known as biodegradable packaging. These materials are designed to break down when they encounter water, leaving little to no residue behind. This type of packaging is often used for various purposes, including environmental sustainability and convenience.

 

By 2025, the total amount of solid trash is anticipated to reach 2.2 billion tonnes yearly. Utilizing packaging materials that are neither renewable nor biodegradable might harm the environment. Additionally, as consumers’ knowledge of environmental and health concerns has grown over the past few decades, there has been a rapid demand for safe, healthful foods that use as little chemical, synthetic, or plastic-based input as possible.

 

 

Water-Soluble Packaging Market Trends

 

- Increased Use of Biodegradable Materials 

- Focus on Agricultural Solutions 

- Expanding Applications in Healthcare

- Technological Advancement in Film Production 

 

 

North America Takes the Helm in the Global Water-Soluble Market

 

Due to environmental concerns, numerous cities in the US, alongside states like California and New York, have implemented bans on single-use plastics. This shift towards sustainability has catalyzed the growth of the biodegradable plastics market, with North America as the leading region in the water-soluble packaging market.


Europe is positioned as a burgeoning leader in the biodegradable plastics market, yet the transformative momentum is notably expanding into Asia, with China and India at its forefront. This shift is propelled by stringent plastic restriction policies, making Asia, especially China and India, pivotal hubs for the surge in demand for biodegradable plastics. The growth is fundamentally linked to robust regulations curbing plastic usage and an intensified emphasis on sustainable practices in response to environmental concerns. As these countries confront the adverse effects of plastic, the biodegradable plastics market is witnessing substantial momentum, opening noteworthy avenues for manufacturers and investors keen on tapping into the evolving landscape of sustainable solutions in the plastics industry.

 

 

A Paradigm Shift Towards Sustainable Water-Soluble Packaging

 

Water-soluble packaging is emerging as a transformative solution with widespread applications in food, healthcare, agriculture, and consumer products. With a surge in consumer awareness regarding environmental concerns and an increasing focus on corporate social responsibility, industries actively seek eco-friendly alternatives. Water-soluble packaging addresses these concerns by offering a sustainable option that aligns with evolving consumer values.


 

Transforming Water-Soluble Packaging with Polymer Solutions

 

In water-soluble packaging, the polymer segment is a pivotal component, harnessing the transformative potential of polymers that dissolve in water. This innovative approach provides a sustainable alternative to conventional packaging materials and propels the expansion of the water-soluble market by virtue of its versatile applications.


 

Revolutionizing Agricultural Packaging with different Industrial Sectors

 

Chemicals employed in agriculture pose significant risks to the environment and human health due to their inherent toxicity. As a result, there is a growing emphasis on the materials used in agricultural packaging. Traditional agricultural packaging, typically involving glass bottles for liquid chemicals, presents several drawbacks. These include the risk of breakage leading to toxic leaks, substantial chemical waste from leftover residues, and environmental contamination when improperly discarded.



 

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