At a Staggering 6.4% CAGR, Polyvinyl Alcohol Films Market Growth and Development Insight by 2030

How big is the Global Polyvinyl Alcohol Films market?

According to MarkNtel Advisors study, The Global Polyvinyl Alcohol Films Market size is projected to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024-30.

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Global Polyvinyl Alcohol Films Market Trend:

Increasing Popularity of Sustainable Practices in the Cosmetic & Personal Care Industry – In recent years, the demand for personal care and cosmetic products has been gaining significant prominence across the globe. The rising awareness regarding self-care products has been influencing the growth of this industry. In addition, the increase in median household income has further influenced the spending of consumers on cosmetic and personal care products. Consequently, this rising trend among consumers for adoption of personal care products has led companies like Unilever Group, Procter & Gamble Co., etc., to expand their production facilities across countries like India, the Philippines, etc. For instance,

In 2023, Procter & Gamble announced its plan for an investment of around USD 243.79 million in India to set up its new manufacturing facility in Gujarat, India.

As the production of cosmetic and personal care products increased, the demand for PVA films has also improved across the globe, as they have been largely employed in the packaging of personal care and beauty products. As cosmetic companies are largely inclining toward sustainable packaging solutions, the demand for PVA films in the industry is expected to escalate in the coming years.

Leading Companies in the Global Polyvinyl Alcohol Films market:

Aicello Corporation
Amtrex Nature Care Pvt. Ltd
Jeva Packaging Limited
Joyforce Industrial
Kuraray Co., Ltd.
Mitsubishi Chemical Corporation
Noble Industries
Arrow GreenTech Ltd.
Cortec Corporation
MSD Corporation
Sekisui Specialty Chemicals America
Chang Chun Group
Merck KgaA
Changzhou Greencradleland Macromolecule Materials Co., Ltd.
ECOMAVI S.r.l.

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Global Polyvinyl Alcohol Films Market Segmentation:

By Grade

Fully Hydrolyzed- Market Size & Forecast 2019-2030, (Thousand Tons)
Partially Hydrolyzed - Market Size & Forecast 2019-2030, (Thousand Tons)
Sub-Partially Hydrolyzed- Market Size & Forecast 2019-2030, (Thousand Tons)
Low Foaming Grade- Market Size & Forecast 2019-2030, (Thousand Tons)

The fully hydrolyzed PVA segment holds the largest share of the market, primarily due to its widespread utilization in the production of PVA Films.

By Application

Detergent Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
Agrochemical Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
Polarizing Plates- Market Size & Forecast 2019-2030, (Thousand Tons)
Laundry Bags- Market Size & Forecast 2019-2030, (Thousand Tons)
Embroidery- Market Size & Forecast 2019-2030, (Thousand Tons)
Others (Pharmaceuticals, Food Packaging, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)

Regional/ Countries Insight:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

The Asia-Pacific region has experienced considerable growth in the Polyvinyl Alcohol (PVA) Films Industry.

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