The global water soluble pods packaging market is anticipated to reach a valuation of US$ 284.7 billion in 2023, driven by growing demand for sustainable packaging. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 16.4% between 2023 and 2033, and reaching a total valuation of approximately US$ 1.2 billion by 2033.

One of the primary factors contributing to the growth of the water soluble pods packaging market is the increasing consumer demand for convenient and eco-friendly packaging. In today’s fast-paced world, consumers seek products that provide convenience and ease of use. Water soluble pods offer a hassle-free solution, allowing users to simply drop a pod into water, where it dissolves and releases its contents. The eliminates the need for measuring or handling messy liquids or powders. The convenience factor of water soluble pods appeals to busy consumers who value time-saving and efficient packaging solutions.

Request Your Sample Report and Supercharge Your Business Strategy! https://www.futuremarketinsights.com/reports/sample/rep-gb-6569

Another significant factor contributing to market growth is the growing environmental consciousness among consumers has significantly impacted their purchasing decisions. There is a rising demand for eco-friendly packaging alternatives that reduce plastic waste and minimize the environmental footprint. Water soluble pods align with this demand as they are typically made from biodegradable materials, such as polyvinyl alcohol (PVA), that dissolve completely in water without leaving harmful residues. The eco-friendly attribute makes water soluble pods a viable option for reducing plastic pollution and promoting sustainability in packaging.

A significant factor driving the growth of the water soluble pods packaging market is the increasing emphasis on sustainable packaging solutions by regulatory bodies and industry associations. Governments and organizations around the world are implementing stringent regulations and guidelines to promote sustainable packaging practices. Water soluble pods, with their biodegradable composition and reduced plastic waste, offer a compelling solution to meet these sustainability requirements. Businesses, as a result, are increasingly adopting water soluble pods to align with regulations and demonstrate their commitment to environmental stewardship.

Key Takeaways from the Market Study

  • Global water soluble pods packaging market was valued at US$ 244.6 billion by 2022-end.
  • From 2018 to 2022, the market demand expanded at a CAGR of 9.5%.
  • The United States is expected to hold a dominant CAGR of 16.3% during the forecast period.
  • By material, the Poly Vinyl segment is expected to constitute a CAGR of 5.1% in 2033.
  • On the basis of end-user industry, the detergents segment is expected to dominate the market with a CAGR of 16.1% in 2033.
  • From 2023 to 2033, water soluble pods packaging market is expected to flourish at a CAGR of 16.4%.
  • By 2033, the market value of water soluble pods packaging is expected to reach US$ 1.2 billion.

Technological advancements in the packaging machinery, across the globe is a major factor that is expected to propel the growth of the water soluble pods packaging market in the near future, remarks an FMI analyst.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!
https://www.futuremarketinsights.com/checkout/6569                      

Competitive Landscape

Prominent players in the water soluble pods packaging market are Aicello Corporation, Mitsubishi Chemical Corporation, MonoSol, LLC, and Sekisui Chemical Co., Ltd., Plasticos Hidrosolubles S.L, Mondi Group Plc, Arrow Greentech Limited, and Cortec Corporation have also made significant contributions. Guangdong Proudly New Material Technology Corp., Aquapak Ltd., Soltec Development SAS, Noble Industries, Jiangmen Cinch Packaging Materials Co., Ltd., Changzhou Water Soluble Co., Ltd., Fujian Zhongsu Biodegradable Films Co., Ltd., Solupak Ltd., Amtrex Nature Care Pvt. Ltd., MSD Corporation, and White Industries, among others.

Recent Developments

  • In September 2021, Xeros Technology Group, a company focused on sustainable technologies, unveiled water-soluble laundry detergent pods. The pods are designed for use in commercial laundry operations and dissolve during the washing process, eliminating the need for plastic detergent bottles. The company aims to reduce plastic waste in the laundry industry.
  • In August 2021, Kao Corporation, a leading consumer goods company, introduced water-soluble packaging for its laundry detergent pods. The packaging dissolves completely in water, providing a convenient and eco-friendly solution for consumers. Kao Corporation aims to promote sustainable laundry practices and reduce plastic waste.
  • In June 2021, Solublue, a French start-up, developed water-soluble packaging for single-use cutlery. The packaging is made from natural ingredients and dissolves in water, eliminating the need for plastic utensils and reducing waste. Solublue aims to offer a sustainable alternative for take-out and food service industries.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global water soluble pods packaging market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the water soluble pods packaging market, the market is segmented on the basis of material (poly vinyl alcohol), by product type (single layer water pods, dual layer water pods, and multi chamber water pods), by end-user industry (plastic, metal, paper, fabric, ceramic, and others), and by end-use (detergents, hand wash, dish wash, and others (shaving creams), by thickness type (below 30 micro meter, 31-60 micro meter, and 61 micro meter thickness), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

The packaging team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Key Segments Profiled In The Global Water Soluble Pods Packaging Market

Material Type:

  • Poly Vinyl Alcohol

Product Type:

  • Single Layer Water Pods
  • Dual Layer Water Pods
  • Multi Chamber Water Pods

End Use:

  • Detergents
  • Hand Wash
  • Dish Wash
  • Others (Shaving Creams)

Thickness Type:

  • Below 30 Micro Meter
  • 31-60 Micro Meter
  • 61 Micro Meter Thickness

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube