Water Soluble Bags Market in the U.S.: Sustainable Packaging on the Rise, Expected To Grow At A CAGR Of 5.6% By 2032

With an estimated CAGR of 5.6%, the global water soluble bags market is projected to hit US$ 1.7 Billion in 2022, and is poised to expand significantly, reaching a substantial size of US$ 2.9 Billion by 2032. The market is set to exhibit a Y-o-Y growth of 5.3% in 2022, affirming its steady upward trajectory.

The U.S. water-soluble bags market is experiencing growth, with sales projected to increase at a Compound Annual Growth Rate (CAGR) of 4% over the assessment period. This growth can be attributed to the growing adoption of water-soluble packaging across various sectors in the country. The issue of plastic waste disposal is becoming a significant concern, with a substantial portion of plastics ending up in landfills, mainly due to a pervasive “throw-away” mentality. However, there is a growing public awareness of the need to reduce single-use plastics, and government initiatives to restrict their use are expected to drive sales of water-soluble bags in the U.S. This market is poised for expansion as consumers and businesses increasingly seek more sustainable and eco-friendly packaging solutions.

In India, the water-soluble bags market is considered lucrative, with a particular focus on water-soluble pouches. The market is segmented into polymers, fibers, and surfactants, with polymers holding the highest share. Sales in the India water-soluble bags market are projected to grow by 6.2% over the forecast period, driven by the increasing adoption of water-soluble packaging solutions, particularly in the form of pouches, as they offer a sustainable and convenient alternative to traditional plastics. This growth reflects the shifting preferences and environmental considerations in the Indian market.

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Competition Landscape

  • POLYE MATERIALS CO., LTD,
  • Chromogreen,
  • ESCARRÉ AUTOMATIZACIÓN Y SERVICIOS,
  • S.L.,
  • Acedag Limited,
  • Extra Packaging Corporation,
  • TREVOR OWEN LIMITED,
  • EOS Plast Srl,
  • DESCO INDIA,
  • Rovi Packaging, S.A.,
  • FOSHAN POLYVA MATERIALS CO., LTD,
  • Adventpac,
  • Green Tech Bio Products,
  • Shanghai Yifu Packaging Products Co., Ltd,
  • Aquapak,
  • United States Plastic Corporation.

For instance:

  • In October 2021, Garment packaging bags made of Aquapak polymer will be released by the Finisterre garment industry, according to Aquapak Polymer Ltd. (UK). The startup intends to use soluble packaging to replace traditional packaging.
  • In June 2020, Powerflute Group, a branch of Nordic Packaging and Container Holdings, was bought by Mondi Group (Austria) in order to boost its innovative packaging business in Europe.
  • In March 2020, Kuraray Co. Ltd. (Japan) has opened a water soluble film production plant in Indiana, United States. The development will aid the company’s ability to expand its production capabilities.

Key Takeaways:

  • Based on material type, sales in the polyvinyl alcohol (PVA) segment are slated to increase at a 5.4% CAGR over the forecast period.
  • In terms of applications, demand in the chemicals and agrochemicals sector will grow at a 6.1% CAGR through 2032.
  • The U.S. water soluble bags market will expand at a 4% CAGR over the assessment period.
  • India will emerge as a lucrative pocket, with demand growing at a 6.2% CAGR over the forecast period.

Water Soluble Bags Market Growth and Trends

The water soluble bags market has witnessed significant growth in recent years, with a promising outlook for the future. Several key trends are shaping the industry:

1. Rising Demand for Eco-Friendly Packaging

The global shift towards eco-consciousness has led to a surge in demand for sustainable packaging solutions, propelling the water soluble bags market’s growth.

2. Technological Advancements

Manufacturers are investing in research and development to improve the strength, durability, and dissolvability of water soluble bags, expanding their scope in various industries.

3. Collaborative Initiatives for Environmental Conservation

Many companies are partnering with environmental organizations and governments to promote the use of water soluble bags and reduce plastic pollution.

Key Benefits

  • This report provides a quantitative analysis of the current Water Soluble Bags market trend, market opportunities, estimations, and dynamics of the Water Soluble Bags market analysis from 2023 to 2033 to identify the prevailing Water Soluble Bags market opportunities.
    The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the Water Soluble Bags market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global electrostatic discharge (esd) packaging market trends, key players, market segments, application areas, and market growth strategies.

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Global Water Soluble Bags Market By Category

By Material Type:

  • Polyvinyl Alcohol (PVA)
  • LDPE (Low Density Polyethylene)
  • HDPE (High Density Polyethylene)

By Capacity:

  • Less than 100 ml
  • 101 to 200 ml
  • 201-300
  • Above 300 ml

By Application:

  • Chemical & Agrochemical
  • Personal Care & Cosmetics
  • Home Care
  • Food
  • Pharmaceuticals

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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