Global Water Soluble Pods Packaging Market Set for Explosive Growth US$ 1.2 billion by 2033 | FMI

Posted on 2024-05-23 by Future Market Insights in Advertising, Retail // 0 Comments

The global water soluble pods packaging market is poised for remarkable growth, with an anticipated value of US$ 284.7 million in 2023, projected to soar to US$ 1.2 billion by 2033. This impressive growth, at a Compound Annual Growth Rate (CAGR) of 16.4% between 2023 and 2033, is attributed to the expansion of product applications and technological advancements in packaging machinery.

Key Technological Advancements Fueling Market Expansion

Technological advancements in packaging machinery are playing a pivotal role in driving the growth of the water soluble pods packaging market. The development of automated packaging machinery tailored for water soluble pod production has significantly enhanced efficiency, productivity, and cost-effectiveness. These advanced machines can handle high-speed production, ensuring continuous and consistent output while reducing manual labor and increasing production capacity. This automation enables manufacturers to meet the growing demand for water soluble pods in the market.

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Primary Market Drivers

Increasing Consumer Demand for Convenient Packaging

Water soluble pods offer a convenient and mess-free solution for various applications, including household cleaning, personal care, and healthcare. Consumers appreciate the ready-to-use format of water soluble pods, which eliminates the need for measuring, pouring, or handling bulky containers. The ease of use saves time and effort, catering to the needs of busy consumers seeking hassle-free solutions. Additionally, the portability of water soluble pods makes them ideal for travel or on-the-go use, aligning with modern consumers’ mobile and fast-paced lifestyles.

Rise in Sustainable Packaging Solutions

The growing demand for eco-friendly alternatives is driving the adoption of water soluble pods as a sustainable packaging option. Made from biodegradable materials such as polyvinyl alcohol (PVA), water soluble pods address environmental concerns by reducing plastic waste. PVA, derived from renewable resources, breaks down into non-toxic components when dissolved in water, minimizing the environmental footprint of packaging. This eco-friendly attribute resonates with consumers increasingly aware of the detrimental effects of traditional packaging materials on the environment, contributing to the market’s growth.

Convenience Wins Consumers Over

Mess-Free Solutions: Water-soluble pods eliminate the need for measuring, pouring, or bulky containers. Simply drop a pod in water or a designated device, and it dissolves effortlessly.
On-the-Go Portability: The compact size and individual packaging make pods ideal for travel or everyday use, fitting seamlessly into bags and luggage.

Sustainability Takes Center Stage

Biodegradable Materials: Composed primarily of polyvinyl alcohol (PVA), derived from renewable resources, water soluble pods break down into non-toxic components after use.
Reduced Plastic Waste: PVA minimizes the environmental impact of packaging, unlike traditional single-use plastics that contribute to landfill waste and pollution.

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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.

Key Players:

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.

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Key Segmentations:

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
Eastern Europe
Western Europe
APEC
Japan

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.

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