Dublin, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The "Water Soluble Packaging - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Water Soluble Packaging is estimated at US$4.1 Billion in 2023 and is projected to reach US$5.7 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Despite its many benefits, water-soluble packaging faces challenges such as high production costs, limited availability of specialized materials and machinery, and the need for greater public awareness and education regarding its benefits. However, the industry is witnessing promising trends that address these hurdles. Developments in new materials, such as polysaccharides and proteins, enhance the performance and appeal of water-soluble packaging.
Additionally, major corporations and startups alike are investing in this technology, broadening its applications and improving its cost-effectiveness. This ongoing innovation is crucial for meeting both consumer expectations and regulatory standards, ensuring that water-soluble packaging remains at the forefront of sustainable packaging solutions. Advances in material science have also led to the creation of water soluble packaging that can withstand higher loads and varying temperatures before dissolving, thereby expanding its use to more diverse product types, including hot beverage pods and single-use food condiments.
Key Insights:
Report Features:
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 93 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $4.1 Billion |
| Forecasted Market Value (USD) by 2030 | $5.7 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS(Total 42 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/202kd2
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