Market Research Future (MRFR) has published a cooked research report on the “Global Water Soluble Pods Packaging Market” that contains information from 2018 to 2032. The water soluble pods packaging market is estimated to register a CAGR of 5.30% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global water soluble pods packaging market - NOBLE INDUSTRIES (U.S.), Aicello Corporation (Japan), Mitsubishi Chemical Corporation (Japan), MonoSol, LLC (Japan), SEKISUI CHEMICAL CO., LTD. (Japan), Mondi Group (U.K.), Arrow Greentech Ltd, (India), Cortec Corporation (U.S.), Guangdong Proudly New Material Technology Corp. (China), Aquapak (U.K.), Soltec Development (Spain), Jiangmen Cinch Packaging Materials Co., Ltd. (China), Changzhou Water Soluble Co., Ltd. (China), Fujian Zhongsu Biodegradable Films Co., Ltd. (China), and Amtrex Nature Care Pvt. Ltd. (India).
The global water soluble pods packaging market is accounted to register a CAGR of 5.30% during the forecast period and is estimated to reach USD 0.342 billion by 2032.
The market for water-soluble pod packaging is expanding significantly as a result of the rising need for practical and environmentally friendly packaging options. A pre-measured amount of a product, such as laundry detergent, dishwashing detergent, or personal care items, is contained in a water-soluble pod, often referred to as a dissolvable pod or pouch. Furthermore, there is no need to measure or handle conventional liquid or powder formulations because these pods are made to dissolve entirely in water, releasing their contents. Convenience, usability, and the rising importance of sustainability are some of the factors driving the market for water-soluble pod packaging.
The global water soluble pods packaging market has been segmented into end user, material, thickness and product.
On the basis of end user, the market is segmented into Detergents, Hand Wash, Dishwash and Others. The detergents segment was attributed to holding the largest market share in 2022. The most typical use of water-soluble pod packing is for laundry detergent. These pre-measured pods make the laundry procedure convenient and simple by removing the need to measure and handle liquid or powder detergents.
Based on material, the global water soluble pods packaging market has been segmented into Poly Vinyl Alcohol and Others. The poly vinyl alcohol segment was expected to hold the largest market share in 2022. Due to its exceptional water solubility and powerful film-forming abilities, polyvinyl alcohol is frequently utilized as a packaging material for water-soluble pods. These polymers work well with a variety of product constituents, including potent chemicals, enzymes, and other active compounds with uses in the agriculture, personal care, medical, and domestic industries.
On the basis of thickness the market is segmented into Below 30 Micro Meter, 31-60 Micro Meter and 61 Micro Meter Thickness. The 31-60 micro meter segment was attributed to holding the largest market share in 2022. It is anticipated that the segment expansion would be supported by the quick development of detergent pods with this kind of thickness. The company also intends to increase the thickness and form of its current laundry detergent pods with this investment.
Based on product, the global water soluble pods packaging market has been segmented into Single Layer Water Pods, Dual Layer Water Pods and Multi Chamber Water Pods. The multi chamber water pods segment was expected to hold the largest market share in 2022. The growing demand for these pods from several hand wash companies throughout the world is anticipated to drive the business.
The global water soluble pods packaging market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe water soluble pods packaging market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The water soluble pods packaging market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World water soluble pods packaging market comprises of Middle East, Africa, and Latin America.
The largest market share for water soluble pods packaging was maintained by the North American regional sector. Due to consumer desires for convenience, sustainability, and ethical packaging techniques, the region has seen a considerable uptake of water-soluble pod packaging. The market in this area has grown as a result of consumer desire for pre-measured and mess-free products.
Moreover, the Europe market has been persistently growing over the forecast period. With strict rules and a focus on decreasing plastic waste, Europe is at the forefront of sustainable packaging projects. As consumers and brand owners place a higher priority on eco-friendly and practical packaging solutions, the region has significant prospects for water-soluble pod packaging.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Rapid urbanization, shifting consumer habits, and rising environmental consciousness are all happening in the Asia Pacific region. As consumers look for simple and environmentally friendly packaging choices, the market for water-soluble pod packaging is anticipated to expand.
Furthermore, the rest of the world's water soluble pods packaging market is divided into the Middle East, Africa, and Latin America. The rest of the world region is gradually realizing the value of sustainable packaging and the necessity of reducing plastic waste. As environmental concerns and regulatory initiatives gain traction, the market for water-soluble pod packaging is anticipated to expand.
Key Findings of the Study