Authored By: Sarah
11 Jul 2024

 Water-Soluble Pods Packaging Market Size to grow by USD 258.1 million between 2024-2028

According to a research report “ Water-Soluble Pods Packaging Market” by Application (Homecare, Agrochemical, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 258.1 million, at a CAGR of  9.59% during the forecast period. In the burgeoning organic cosmetics and personal care market, there is a rising demand for sustainable and eco-friendly packaging solutions. With heightened consciousness towards health and the environment, organic cosmetics manufacturers are seeking innovative, biodegradable packaging options to showcase their all-natural products. Collaborations between cosmetic companies and packaging providers are on the rise, leading to the development of effective, water-soluble pod packaging. This eco-friendly trend is expected to significantly boost the market growth throughout the forecast period.

Browse market data tables, figures, and in-depth TOC on “Water-Soluble Pods Packaging Market” by Application (Homecare, Agrochemical, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Homecare segment is projected to dominate the market size in 2024

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By Geography, North America  segment is expected to hold the largest market size for the year 2024

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 portability in various industries, particularly food and beverage. Water-soluble pods offer numerous benefits, including reduced waste, improved consistency, and ease of use. Market growth is further fueled by advancements in technology, which enable the production of more sustainable and eco-friendly packaging solutions. Businesses looking to capitalize on this trend should consider investing in water-soluble pod technology and innovative packaging designs.

North America is forecasted to hold the largest market size by region in 2024

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.

The Water-Soluble Pods Packaging Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • 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
.

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Research Analysis Overview

The Water-soluble packaging market is experiencing significant growth as more companies turn to soluble packaging materials to address environmental concerns and reduce non-decomposable trash accumulation. Key companies in this industry include Evonik Industries AG, DuPont, and K-Flex. These firms produce water-soluble packaging materials, such as Poly Vinyl Alcohol (PVOH), which are used to create packaging products like water-soluble pods. The water-soluble packaging market is the fastest growing material segment in the packaging industry due to its eco-friendliness and environmental safety. These materials dissolve in water, making them ideal for use in various applications, including food and beverage, pharmaceuticals, and household products. Manufacturers of water-soluble packaging materials are investing in continuous output and high-speed production to meet the growing demand for these products. Automated packaging machinery is being used to increase productivity and efficiency, further driving down costs and increasing the appeal of water-soluble packaging. As consumers become more conscious of the environment, the demand for water-soluble packaging is expected to continue to rise. These materials offer a sustainable alternative to traditional packaging, making them an attractive option for businesses looking to reduce their environmental footprint and improve their brand image.

Market Research Overview

The Water-Soluble Pods Packaging Market is witnessing significant growth in various end-use industries, including dishwash and hand wash, due to their convenience, portability, and environmental benefits. With the rising environmental consciousness, consumers are increasingly opting for eco-friendly packaging options like water-soluble pods during Plastic Free July and beyond. Absolutely Bear and Invisible Company are some brands leading the charge in this sustainable movement. However, shipping delays and raw material shortages due to economic slowdowns can pose challenges to the market. Raw materials like synthetic polymers, such as Polyvinyl Alcohol (PVA), are essential for producing water-soluble packaging. The hydrophilic nature of PVA makes it an ideal material type for water-soluble packaging, as it dissolves easily in water. Despite these challenges, the market for water-soluble packaging is expected to grow due to its industrial benefits. The packaging industries are shifting towards water-soluble packaging for various applications, including cosmetics, organic personal care, and sustainable detergent products. Moreover, water-soluble pods offer several advantages over traditional plastics packaging. They are odorless, biodegradable, and do not leave any residue in washing machines. Additionally, they are convenient for consumers as they eliminate the need for handling bulky containers, pouring, or measuring. However, the market faces potential issues like wastage, optimization, and real-time monitoring. Smart packaging machinery with data analytics capabilities, control systems, sensors, and formulation optimization can help address these challenges. The market is expected to continue growing, with a forecast outlook of increased customization, productivity, and overall efficiency in production capacity.

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/

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