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Europe Water Soluble Packaging Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Raw Material ; Product Type ; Solubility Type ; Application

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Europe Water Soluble Packaging Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Raw Material ; Product Type ; Solubility Type ; Application
Published: May 9, 2020 Content info: 147 Pages
Description

Title:
Europe Water Soluble Packaging Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Raw Material (Polymers, Fibers, Surfactants); Product Type (Pouches, Films, Bags, Others); Solubility Type (Hot Water Soluble, Cold Water Soluble); Application (Industrial, Residential).

The European market was valued at US$ 743.6 million in 2018 and is projected to reach US$ 1,172.7 million by 2027; it is expected to grow at a CAGR of 5.2 % from 2019 to 2027.

Water soluble packaging refers to the type of packaging made from biodegradable materials that dissolve in water leaving behind a harmless and non-toxic aqueous solution. It is best suited for water owing to its better solubility in water with minimum residue and good impact resistance. However, Water soluble packaging is manufactured in different grades, including cold water and hot water soluble PVA grades. Water soluble packaging products such as films, bags and pouches are manufactured using polyvinyl alcohol (PVOH), which is a synthetic polymer highly soluble in water. Water soluble packaging is mainly used in the packaging of dyes, detergents, agrochemicals, and other industrial chemicals. Additionally, they are used in the manufacture of disposal bags, laundry bags, and shopping bags. Water-soluble packaging is considered to be an environment friendly alternative over single-use plastic. The growth in various industries and factories has increased the demand for a sustainable packaging solution over the past few years. As the packaging industry has the biggest impact on the environment, the demand for eco-friendly packaging solutions drives the growth of water soluble packaging market.

Based on raw material, the European water soluble packaging market has been segmented into polymers, fibers and surfactants. In 2018, the polymers segment held the largest share of the European water soluble packaging market; however, the fibers segment is expected to grow at the highest CAGR during the forecast period. Water soluble polymers are environmentally biodegradable and thus help in effective waste management and environmental protection. Polymers are extensively used in the production of water soluble packaging products such as bags, pouches, pods, and films. For instance, polyvinyl alcohol (PVA or PVOH) is used in manufacturing water soluble bags and films, as it dissolves fast when it comes into contact with water. Furthermore, its biodegradable and non-toxic properties propel its usage in the water soluble packaging production. Fiber-based packaging utilizes reusable, renewable, and biodegradable materials in the process of production. Fibers such as seaweed and collagen are used as a raw material in the production of water soluble packaging. Surfactants one of the key raw materials used in the production of water soluble packaging products such as films, bags, and pouches. Surfactants provide smooth process ability in the production of water soluble films. It provides ease of separation of the formed film from the metal surface of the drum and also acts as an anti-blocking agent. Two types of surfactants are added during the production of water soluble packaging which includes anionic and non-ionic surfactants. More than 2% of surfactant leaches out of the surface of the water soluble film and acts to cause blocking, which leads to deterioration in handling properties of the water soluble film.

Geographically, the European water soluble packaging market has been segmented into Germany, France, Italy, the UK and Rest of Europe. In 2018, Germany accounted for the largest share of the Europe water soluble packaging market. Italy is expected to grow at the highest CAGR during the forecast period. Germany is considered as an attractive market for the water-soluble packaging market. The growing application of water-soluble packaging in multiple industries and the rising environmental and sustainability concerns among consumers led to a surge in demand for biodegradable packaging for most of the products. The rise in awareness among consumers regarding the drawbacks of using single-use plastics and government intervention in banning the use of such plastics affecting the environment has significantly boosted the growth of the water-soluble packaging market in Germany. The water-soluble film is basically a biodegradable plastic, which means that it leaves no toxic residue in nature after its dissolution in water. A few minutes suffice for dissolution, and the film's components are bio-decomposed into natural substances in less than three months. These factors are creating a demand for water-soluble packaging among various industries, which is further fueling the market growth in France. The water-soluble film responds to the requirement of protecting the user by limiting or eliminating any danger when handling or inhaling the product. These factors are further propelling the market for water-soluble packaging in Italy. The film form of water soluble packaging protects the skin against direct contact with aggressive detergents, agrochemicals, or bled products. The multifunctional film is used by various industries as packaging material, mold release film, laundry bags as well as for inkjet molding and water transfer application; it allows for exact dosage. Due to these properties, water-soluble packaging is gaining popularity in the UK. The rest of Europe includes Russia, Spain, Austria, Poland, Portugal, and Turkey, among others. The demand for water soluble packaging in the rest of Europe is expected to rise during the forecast period due to rising demand from pharmaceutical, electrical, agrochemical, textile, and other industries. The growth in the manufacturing industries is anticipated to adopt advanced technologies and products in the coming years, which is foreseen to fuel the growth of the water soluble packaging market in these countries.

Cortec Corporation, Harke group, Smart Solve Industries, Kuraray Co., Ltd, Amtopack Inc., Sekisui Chemical Co., Ltd, Mitsubishi Chemical Corporation, and Mondi Group are amongst the major players in the European water soluble packaging market.

Overall size of the European water soluble packaging has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Additionally, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe water soluble market.

Wuhan (China) was the first city to be attacked by COVID-19 in December 2019 and since then it has spread at a fast pace across the world. China, Italy, Iran, Spain, republic of Korea, France, Germany, and the US are some of the worst affected countries in terms of positive cases and reported deaths as per the data of March 2020. The COVID-19 outbreak has been affecting economies and industries in various industries in different countries due to lockdowns, travel bans, and business shutdowns. The chemical & materials industry is one of the major industries that is facing serious disruptions such as supply chain breaks, technology events cancellations, office shutdowns etc. as a result of this outbreak. The lockdown of various plants and factories in the Europe is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales of various goods and services. All these factors are anticipated to affect the chemical, pharmaceutical, food & beverage, and other industries in a negative manner and thus act as restraining factor for the growth of various markets related to this industry in the coming months. Italy is the hardest-hit country by the COVID-19 outbreak all over Europe. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of COVID-19 cases. Implementation of drastic measures and travel restrictions, including partially closing their borders by other neighbor states of Europe is anticipated to negatively impact market growth in Europe.

Reasons to Buy

  • Highlights key business priorities to assist companies realign their business strategies.
  • Featureskey findings and crucial progressive industry trends in the Europe water soluble packaging market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifiesbusiness expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well askey market driversand restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Table of Contents
Product Code: TIPRE00010734

TABLE OF CONTENTS

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 Europe Water Soluble Packaging Market - By Raw Material
    • 1.3.2 Europe Water Soluble Packaging Market - By Product Type
    • 1.3.3 Europe Water Soluble Packaging Market - By Solubility Type
    • 1.3.4 Europe Water Soluble Packaging Market - By Application
    • 1.3.5 Europe Water Soluble Packaging Market - By Country

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Water Soluble Packaging Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis - Europe

5. Water Soluble Packaging Market - Key Industry Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Ban on Single-Use Plastics
    • 5.1.2 Rising Demand for Sustainable Packaging
  • 5.2 Market Restraints
    • 5.2.1 High Production Cost of Water Soluble Packaging
  • 5.3 Market Opportunities
    • 5.3.1 Increasing Demand for Personal Care and Cosmetic Application
  • 5.4 Future Trends
    • 5.4.1 Introduction of Plant-Based Raw Material Sources for Production of Water Soluble Packaging
  • 5.5 Impact Analysis Of Drivers And Restraints

6. Water Soluble Packaging - Europe Market Analysis

  • 6.1 Europe Water Soluble Packaging Market Overview
  • 6.2 Europe Water Soluble Packaging Market Forecast and Analysis

7. Water Soluble Packaging Market Analysis - By Raw Material

  • 7.1 Overview
  • 7.2 Water Soluble Packaging Market, By Raw Material (2018 and 2027)
  • 7.3 Polymers
    • 7.3.1 Overview
    • 7.3.2 Polymers: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • 7.4 Fibers
    • 7.4.1 Overview
      • 7.4.1.1 Fibers: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • 7.5 Surfactants
    • 7.5.1 Overview
      • 7.5.1.1 Surfactants: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)

8. Water Soluble Packaging Market Analysis - By Product Type

  • 8.1 Overview
  • 8.2 Water Soluble Packaging Market, By Product Type (2018 and 2027)
  • 8.3 Pouches
    • 8.3.1 Overview
      • 8.3.1.1 Pouches: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • 8.4 Films
    • 8.4.1 Overview
      • 8.4.1.1 Films: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • 8.5 Bags
    • 8.5.1 Overview
      • 8.5.1.1 Bags: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • 8.6 Others
    • 8.6.1 Overview
      • 8.6.1.1 Other Product Type: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)

9. Water Soluble Packaging Market Analysis - By Solubility Type

  • 9.1 Overview
  • 9.2 Water Soluble Packaging Market, By Solubility Type (2018 and 2027)
  • 9.3 Hot Water Soluble
    • 9.3.1 Overview
    • 9.3.2 Hot Water Soluble: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • 9.4 Cold Water Soluble
    • 9.4.1 Overview
    • 9.4.2 Cold Water Soluble: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)

10. Water Soluble Packaging Market Analysis - By Application

  • 10.1 Overview
  • 10.2 Water Soluble Packaging Market, By Application (2018 and 2027)
  • 10.3 Industrial
    • 10.3.1 Overview
    • 10.3.2 Industrial: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • 10.4 Residential
    • 10.4.1 Overview
    • 10.4.2 Residential: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)

11. Water Soluble Packaging Market - Country Analysis

  • 11.1 Overview
    • 11.1.1 Europe: Water Soluble Packaging Market -Revenue and Forecast to 2027(US$ Mn)
    • 11.1.2 Europe: Water Soluble Packaging Market, by Key Country
      • 11.1.2.1 Germany: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
        • 11.1.2.1.1 Germany: Water Soluble Packaging Market, by Raw Material
        • 11.1.2.1.2 Germany: Water Soluble Packaging Market, by Product Type
        • 11.1.2.1.3 Germany: Water Soluble Packaging Market, by Solubility Type
        • 11.1.2.1.4 Germany: Water Soluble Packaging Market, by Application
      • 11.1.2.2 France: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
        • 11.1.2.2.1 France: Water Soluble Packaging Market, by Raw Material
        • 11.1.2.2.2 France: Water Soluble Packaging Market, by Product Type
        • 11.1.2.2.3 France: Water Soluble Packaging Market, by Solubility Type
        • 11.1.2.2.4 France: Water Soluble Packaging Market, by Application
      • 11.1.2.3 Italy: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
        • 11.1.2.3.1 Italy: Water Soluble Packaging Market, by Raw Material
        • 11.1.2.3.2 Italy: Water Soluble Packaging Market, by Product Type
        • 11.1.2.3.3 Italy: Water Soluble Packaging Market, by Solubility Type
        • 11.1.2.3.4 Italy: Water Soluble Packaging Market, by Application
      • 11.1.2.4 UK: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
        • 11.1.2.4.1 UK: Water Soluble Packaging Market, by Raw Material
        • 11.1.2.4.2 UK: Water Soluble Packaging Market, by Product Type
        • 11.1.2.4.3 UK: Water Soluble Packaging Market, by Solubility Type
        • 11.1.2.4.4 UK: Water Soluble Packaging Market, by Application
      • 11.1.2.5 Rest of Europe: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
        • 11.1.2.5.1 Rest of Europe: Water Soluble Packaging Market, by Raw Material
        • 11.1.2.5.2 Rest of Europe: Water Soluble Packaging Market, by Product Type
        • 11.1.2.5.3 Rest of Europe: Water Soluble Packaging Market, by Solubility Type
        • 11.1.2.5.4 Rest of Europe: Water Soluble Packaging Market, by Application

12. Overview- Impact of Covid-19 Outbreak

13. Impact of COVID-19 Pandemic on North America Water Soluble Packaging Market

  • 13.1 Europe: Impact Assessment of COVID-19 Pandemic

14. Company Profiles

  • 14.1 Cortec Corporation
    • 14.1.1 Key Facts
    • 14.1.2 Business Description
    • 14.1.3 Products and Services
    • 14.1.4 Financial Overview
    • 14.1.5 SWOT Analysis
  • 14.2 Smart Solve Industries
    • 14.2.1 Key Facts
    • 14.2.2 Business Description
      • 14.2.2.1 Products and Services
    • 14.2.3 Financial Overview
    • 14.2.4 SWOT Analysis
    • 14.2.5 Key Developments
  • 14.3 Harke Group
    • 14.3.1 Key Facts
    • 14.3.2 Business Description
    • 14.3.3 Products and Services
    • 14.3.4 Financial Overview
    • 14.3.5 SWOT Analysis
  • 14.4 Kuraray Co., Ltd
    • 14.4.1 Key Facts
    • 14.4.2 Business Description
      • 14.4.2.1 Products and Services
    • 14.4.3 Financial Overview
    • 14.4.4 SWOT Analysis
    • 14.4.5 . Key Developments
  • 14.5 Amtopack, Inc.
    • 14.5.1 Key Facts
    • 14.5.2 Business Description
      • 14.5.2.1 Products and Services
    • 14.5.3 Financial Overview
    • 14.5.4 SWOT Analysis
  • 14.6 Sekisui Chemical Co., Ltd.
    • 14.6.1 Key Facts
    • 14.6.2 Business Description
    • 14.6.3 Products and Services
    • 14.6.4 Financial Overview
    • 14.6.5 SWOT Analysis
  • 14.7 Mitsubishi Chemical Corporation
    • 14.7.1 Key Facts
    • 14.7.2 Business Description
    • 14.7.3 Products and Services
    • 14.7.4 Financial Overview
    • 14.7.5 SWOT Analysis
  • 14.8 Mondi Group
    • 14.8.1 Key Facts
    • 14.8.2 Business Description
    • 14.8.3 Products and Services
    • 14.8.4 Financial Overview
    • 14.8.5 SWOT Analysis
    • 14.8.6 Key Developments

15. Appendix

  • 15.1 About the Insight Partners
  • 15.2 Glossary

LIST OF TABLES

  • Table 1. Europe Water Soluble Packaging Market Revenue and Forecasts to 2027 (US$ Mn)
  • Table 2. Germany Water Soluble Packaging Market, by Raw Material- Revenue and Forecast to 2027 (USD Mn)
  • Table 3. Germany Water Soluble Packaging Market, by Product Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 4. Germany Water Soluble Packaging Market, by Solubility Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 5. Germany Water Soluble Packaging Market, by Application - Revenue and Forecast to 2027 (USD Mn)
  • Table 6. France Water Soluble Packaging Market, by Raw Material- Revenue and Forecast to 2027 (USD Mn)
  • Table 7. France Water Soluble Packaging Market, by Product Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 8. France Water Soluble Packaging Market, by Solubility Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 9. France Water Soluble Packaging Market, by Application - Revenue and Forecast to 2027 (USD Mn)
  • Table 10. Italy Water Soluble Packaging Market, by Raw Material- Revenue and Forecast to 2027 (USD Mn)
  • Table 11. Italy Water Soluble Packaging Market, by Product Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 12. Italy Water Soluble Packaging Market, by Solubility Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 13. Italy Water Soluble Packaging Market, by Application - Revenue and Forecast to 2027 (USD Mn)
  • Table 14. UK Water Soluble Packaging Market, by Raw Material- Revenue and Forecast to 2027 (USD Mn)
  • Table 15. UK Water Soluble Packaging Market, by Product Type- Revenue and Forecast to 2027 (USD Mn)
  • Table 16. UK Water Soluble Packaging Market, by Solubility Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 17. UK Water Soluble Packaging Market, by Application - Revenue and Forecast to 2027 (USD Mn)
  • Table 18. Rest of Europe Water Soluble Packaging Market, by Raw Material- Revenue and Forecast to 2027 (USD Mn)
  • Table 19. Rest of Europe Water Soluble Packaging Market, by Product Type- Revenue and Forecast to 2027 (USD Mn)
  • Table 20. Rest of Europe Water Soluble Packaging Market, by Solubility Type - Revenue and Forecast to 2027 (USD Mn)
  • Table 21. Rest of Europe Water Soluble Packaging Market, by Application - Revenue and Forecast to 2027 (USD Mn)
  • Table 22. Glossary of Terms, Water Soluble Packaging Market

LIST OF FIGURES

  • Figure 1. Europe Water Soluble Packaging Market Segmentations
  • Figure 2. Europe Water Soluble Packaging Market Segmentation - By Country
  • Figure 3. Water Soluble Packaging Market Overview
  • Figure 4. Bags Segment is Expected to Show Remarkable Traction During the Forecast Period
  • Figure 5. Germany Held Largest Share of Europe Water Soluble Packaging Market
  • Figure 6. Water Soluble Packaging Industry Landscape
  • Figure 7. Europe - PEST Analysis
  • Figure 8. Water Soluble Packaging Market Impact Analysis Of Driver And Restraints
  • Figure 9. Europe Water Soluble Packaging Market Forecast And Analysis, (US$ Mn)
  • Figure 10. Water Soluble Packaging Market Revenue Share, by Raw Material (2018 and 2027)
  • Figure 11. Polymers: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • Figure 12. Fibers: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • Figure 13. Surfactants: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • Figure 14. Water Soluble Packaging Market Revenue Share, by Product Type (2018 and 2027)
  • Figure 15. Pouches: Water Soluble Packaging Market - Revenue, and Forecast to 2027 (US$ Mn)
  • Figure 16. Films: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 17. Bags: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 18. Other Product Type: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 19. Water Soluble Packaging Market Revenue Share, by Solubility Type (2018 and 2027)
  • Figure 20. Hot Water Soluble: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • Figure 21. Cold Water Soluble: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • Figure 22. Water Soluble Packaging Market Revenue Share, by Application (2018 and 2027)
  • Figure 23. Industrial: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • Figure 24. Residential: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • Figure 25. Europe: Water Soluble Packaging Market - Revenue and Forecast to 2027 (US$ Mn)
  • Figure 26. Europe: Water Soluble Packaging Market Revenue Share, by Key Country (2018 and 2027)
  • Figure 27. Germany: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 28. France: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 29. Italy: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 30. UK: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 31. Rest of Europe: Water Soluble Packaging Market -Revenue and Forecast to 2027 (US$ Mn)
  • Figure 32. Impact of Covid-19 Pandemic In Europe Country Markets
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