Water Soluble Film Market Size is Expected to Exhibit USD 410 million by 2023

Over the next five years, projects that Water Soluble Film will register a 4.9% CAGR in terms of revenue, reach US$ 410 million by 2023, from US$ 310 million in 2017.

This report studies the water soluble film market. Water soluble (PVA/PVOH) film is commercially made from polyvinyl alcohol resins and due to its water soluble property, is widely used for water soluble small dose packaging of detergents, agrochemicals, water treatment chemicals, dyes, and food. Apart from these applications, water soluble (PVA/PVOH) film is used in embroidery and laundry bag manufacturing.

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PVA film is the largest type of water soluble film. Currently, about 94% water soluble film is PVA film. Raw material of water soluble film is mainly PVA, which is mainly produced in Asia, especially in China.

Global major production regions are Japan, USA, Europe and China. In 2017, Japan is the largest production region, which produced 19506 tons water soluble film. USA is the second largest production region in 2017.

Leaning on great environmental protection performance, water soluble film consumption will be higher. We predict that global consumption will be 77469 tons in 2024, with a CAGR of 6.05% during 2019-2024.

What does the report encompass?

The regional spectrum of the Water Soluble Film market

• The Water Soluble Film market report, as far as the regional scope is concerned, categorizes this industry into USA, Europe, Japan, China, India, South East Asia. The study includes information about the product across the concerned geographies.

• The valuation that each region will account for as well as the market share that each topography will hold are included in the study.

• The report elucidates the product growth rate spanning the geographies in question and the market share.

• The regional rate in accordance with the product types and applications is also encompassed.

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A run-through of the market segmentation

• With respect to the product type, the Water Soluble Film market is segmented into PVA Film and Other. The study also includes the market share that every product accounts for as well as the estimated valuation.

• In addition, the study is inclusive of the (growth rate and revenue) of each product as well as the sales price over the projected duration.

• With regards to applications, the report segments the Water Soluble Film market into Pesticide and Chemical Product Packaging, Medical Laundry Bag, Clean Product Packaging, Embroidery Substrate, Textile Packaging, LCD and Other. The market share accounted for by each application as well as the estimated revenue that each application would account for is included in the report.

Drivers & Challenges

• The Water Soluble Film market report delivers information about the driving factors impacting the revenue scale of this industry as well as their influence on the commercialization graph of this business sphere.

• The research study incorporates the latest trends proliferating the Water Soluble Film market in conjunction with the challenges that this business vertical will be remnant of, over the forecast duration.

Marketing Strategies Undertaken

• The report encompasses a brief of the numerous tactics that are adopted by prominent stakeholders with respect to the product marketing.

• The sales channels which are adopted by manufacturers are also briefly mentioned in the report.

• The distributors of these products in addition to an overview of the top-notch customers for the same are included in the study.

An evaluation of the pivotal competitors in the industry:

• A brief overview of the manufacturer base of the Water Soluble Film market, which is basically inclusive of Kuraray, Aicello, Nippon Gohsei, Sekisui Chemical, Cortec Corporation, Haining Sprutop Chemical, Guangdong Proudly New Material, Huawei Degradable Materials, Guangdong Greatgo Films, Zhaoqing FangXing, Solupak, Ecopol, Soltec and Ecomavi Srl as well as the distribution parameters and sales area, have been provided.

• The report enumerates details of every vendor, like a brief overview, products manufactured, and the company profile.

• Also, the Water Soluble Film market report exclusively concentrates on the price models, revenue procured, product sales, and gross margins.

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