Water Soluble Packaging Films Market grows at a CAGR of 5.80% in the forecast period 2022-2029.
Impact of COVID-19 on the market
The recent COVID-19 outbreak first began in Wuhan (China) in December 2019 and has since spread rapidly around the world. China, Italy, Iran, Spain, the Republic of Korea, France, Germany and the United States are among the most affected countries in terms of reported positive cases and deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to blockages, travel bans and business closures. The global food and beverage industry is a major industry facing severe disruptions such as supply chain disruptions, technology event cancellations, and office closures due to this epidemic. China is the global manufacturing hub, with the presence and largest suppliers of raw materials. The general market collapse due to COVID-19 is also affecting the growth of the bacon market due to the closure of factories, the obstacle in the supply chain and the slowing of the world economy.
Water Soluble Packaging Films Market Scope and Market Size
Ø On the basis of application, the water soluble packaging films market is segmented into bags, pouches, sachets and others.
Ø On the basis of raw materials, the water soluble packaging films market is segmented into polymers, surfactants, and fibers.
Ø On the basis of end use products, the water soluble packaging films market is segmented into agriculture chemicals, industrial chemicals, laundry detergents, disinfectants, water treatment chemicals and others.
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Market Analysis & Insights: Water Soluble Packaging Films Market
Ø With the increase demand from the pharmaceuticals and food and beverages sector globally, there has been a significant rise in the adoption of water soluble packaging films. These films aid in the protection of industrial workers from coming into direct contact with hazardous materials in the chemical industry, increasing its usage across end users and increasing traction for the market.
Ø Global Water Soluble Packaging Films Market was valued at USD 355.10 million in 2021 and is expected to reach USD 557.49 million by 2029, registering a CAGR of 5.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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Key Players Water Soluble Packaging Films Market
Ø AICELLO INDIA PRIVATE LIMITED
Ø MonoSol
Ø Sekisui Specialty Chemicals America Llc
Ø Amtrex Nature Care Pvt Ltd
Ø Sekisui Chemical
Water Soluble Packaging Films Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to water soluble packaging films market.
Water Soluble Packaging Films Market Country Level Analysis
The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
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TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
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