The increasing focus on eco-friendly packaging has triggered the demand for water soluble films. The ability of these films to dissolve or disintegrate in the presence of water has helped decrease plastic waste and pollution. This innovative packaging solution is used for laundry and detergent packs, textile yarns, paper goods and even contact lens lubrication.
Manufacturers of water soluble films are focused on expanding their product portfolio to meet the growing market demands. They are leveraging their experience to produce products with superior quality, durability, and cost-effectiveness. These companies are also investing in research and development activities to develop advanced technology.
Moreover, the growing concerns regarding microplastic contamination in the food chain has led to increased adoption of bio-degradable products. As a result, the demand for water soluble films is rising in the food and beverage industry. The use of such films in the packaging sector helps reduce the risk of contamination and offers significant advantages to consumers.
In addition to these, the use of these films in the pharmaceutical and healthcare industries to package drugs and vaccines is boosting the market growth.
In terms of geography, North America is a leading contributor to the market growth. The region is home to a few major players in the manufacturing of water soluble films, including MonoSol LLC and Kuraray Co. Ltd (Japan). MonoSol manufactures polyvinyl alcohol (poval) films for industrial applications, such as packaging films for unit-dose detergent products, agrochemicals and dyes, mold release and castable resins for synthetic marble and other specialty applications. In 2012, Kuraray acquired MonoSol to expand its vinyl acetate chemical chains business. Water Soluble Film Supplier