The global water soluble bags market is predicted to reach a valuation of US$ 1.7 Bn in 2022. With sales growing 5.1% CAGR over the forecast period, with the market valuation reaching US$ 2.9 Bn by 2032. Increasing usage of water-soluble bags in a variety of sectors, as well as growing environmental and sustainability concerns are expected to augment the growth in the market. The water-soluble bags are comprised of biodegradable components that dissolve in water, leaving a safe and harmless aqueous solution behind. They are a preferred packaging material in a variety of sectors due to their better solubility in water with less residue and strong impact resistance. Polyvinyl alcohol (PVA), being a highly water soluble artificial polymer, is used to make water-soluble packaging items such films, bags, and pouches. Polyvinyl alcohol is a colourless, odourless polymer with excellent tensile strength, flexibility, nontoxic qualities, and adhesive capabilities. Sustainable packaging is made from biodegradable materials and aids in environmental protection. In both developed and developing nations, rising public awareness of environmental issues has resulted in increased demand for sustainable packaging and processing activities. Furthermore, the need for a sustainable packaging solution has increased due to the expansion of numerous sectors and companies. Consumers are increasingly becoming concerned about environmental protection, sustainability, ethics, safety, product pricing, and quality while purchasing items. “Eco-friendly water soluble bags of polyvinyl alcohol material in packaging are expected to gain traction in the next decade due to the rise in consumer awareness for safe usage of hazardous and environment-friendly materials by eliminating non-biodegradable materials,” comments FMI analyst. 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. Future market insights, in its new report, offers an unbiased analysis of the global market for water soluble bags market by material type (polyvinyl alcohol (PVA), LDPE (low density polyethylene), and HDPE (high density polyethylene)), by capacity (less than 100 ml, 101 to 200 ml, 201-300, and above 300 ml), by application (chemical & agrochemical, personal care & cosmetics, home care, food, and pharmaceuticals), across seven regions. The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. Contact:
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