Water-Soluble Pods Packaging Market 2024-2028: Size and Ban on single-use plastics; growth driven by the Application, Some of key Companies Positioned Strategically

The water-soluble pods packaging market size by Application (Homecare, Agrochemical, and Others) and Geography (North America, APAC, Europe, South America, and Middle East and Africa), is forecast to increase by USD 258.1 million. The market is expected to grow at a CAGR of   9.59% between 2024 and 2028.

• The Canadian government's intention to ban single-use plastics, effective June 2020, is projected to significantly impact the water-soluble pods packaging market. This regulation aims to reduce the 3 million metric tons of plastic waste generated annually in Canada. Similar EU legislation, adopted in May 2019, imposes restrictions on single-use plastic goods and recycling objectives, which may negatively affect market participants in the bottled water and beverage industries, as well as the plastics sector. However, the increasing consumer preference for eco-friendly packaging materials presents an opportunity for growth within the water-soluble pods market throughout the forecast period.
• The Water-Soluble Pods Packaging Market represents a significant business opportunity for manufacturers and suppliers. This market is driven by the increasing demand for convenience and eco-friendliness in consumer goods. Water-soluble pods offer several advantages, including easy dissolution, precise dosage, and reduced waste. Key players in this market focus on innovation and sustainability to meet evolving consumer preferences and regulatory requirements. The market is expected to grow at a robust pace due to these factors.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Aicello Corp.
• Amtrex Nature Care Pvt. Ltd.
• Annex Business Media
• Aquapak Polymers Ltd.
• Arrow Greentech Ltd
• Cortec Corp.
• HK MSD
• Jiangmen Cinch Packaging Materials Co. Ltd.
• JRF Technology LLC
• KURARAY Co. Ltd.
• Lithey Inc.
• Medanos Claros SA
• Mitsubishi Chemical Corp.
• Mondi Plc
• Noble Industries Inc
• Sekisui Chemical Co. Ltd.
• Soltec Development SAS
• Solupak Ltd.
• Suvi Exports LLP

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/