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Water-Soluble Packaging Market Share

Report ID: GMI11631
Published Date: Sep 2024
Report Format: PDF

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Water-Soluble Packaging Market Share

Kuraray and Aicello hold a significant share in water-soluble packaging industry. Kuraray holds a significant market share in the industry due to its pioneering innovations in polyvinyl alcohol (PVOH) materials, which are widely recognized for their high solubility, durability, and eco-friendliness. The company’s strong focus on research and development enables it to continuously improve product performance and expand its application range across various industries, including food, personal care, and cleaning products. Additionally, Kuraray’s strategic partnerships and robust supply chain enhance its competitive edge and market presence.

Aicello holds a significant market share in the industry due to its extensive expertise in developing high-quality polyvinyl alcohol (PVOH) films that are environmentally friendly and biodegradable. The company's commitment to sustainability aligns with the growing consumer demand for eco-conscious packaging solutions. Aicello’s innovative product offerings cater to various applications, including agricultural, food, and detergent industries.

Water-Soluble Packaging Market Companies

Major players operating in the industry are:

Kuraray
Aicello
Cortec
Sekisui Chemical
Aquapak Polymers
Arrow Greentech
Soltec Development

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global water-soluble packaging industry was valued at USD 3.85 billion in 2023 and is anticipated to register a CAGR of over 6% from 2024 to 2032, driven by increasing global regulations on single-use plastics and stringent waste management policies.

The polymers segment accounted for the largest industry share with over 35% in 2023. Polymers such as polyvinyl alcohol (PVOH) are favored for their excellent solubility in water and ability to create strong, flexible films.

North America held the largest share of over 35% in 2023 and is predicted to maintain its dominant position throughout the forecast period. The region's leadership is due to stringent environmental regulations, a strong push for sustainability, and advanced technological infrastructure supporting innovation in eco-friendly packaging solutions.

Major players in the industry include Kuraray, Aicello, Cortec, Sekisui Chemical, Aquapak Polymers, Arrow Greentech, and Soltec Development. These companies are at the forefront of developing cost-effective and high-performance water-soluble materials, driven by consumer demand and regulatory pressure.