| Product Code: ETC5724033 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for water-soluble films in 2024 exhibited notable growth, with a 61.02% increase from the previous year. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 12.31%. This surge in import momentum can be attributed to shifting consumer preferences towards environmentally friendly packaging solutions.
The water soluble films market in Armenia is gaining traction due to the growing demand for eco-friendly packaging solutions. Water soluble films are used in various applications, including packaging, agriculture, and pharmaceuticals, for their ability to dissolve in water and reduce plastic waste. The market is driven by increasing environmental awareness, government regulations promoting sustainable packaging, and the demand for biodegradable materials. Advances in film formulation and manufacturing technologies are enhancing the performance and application scope of water soluble films, supporting market growth.
Drivers of the Armenia Water Soluble Films Market include the demand for eco-friendly packaging solutions, regulatory pressures to reduce plastic waste, and advancements in film manufacturing technologies. Increasing applications in industries such as detergents, agrochemicals, and pharmaceuticals drive market growth.
The Armenia Water Soluble Films market faces challenges related to the development of biodegradable and eco-friendly film materials, reducing dependency on traditional plastics, and enhancing film performance in diverse applications. Water soluble films offer convenience in packaging and industrial applications, but technical barriers in achieving optimal dissolution rates and mechanical properties remain. Moreover, market demand for sustainable packaging solutions and regulatory pressures to reduce plastic waste drive innovation and investments in bio-based materials. Collaboration across the value chain, from raw material suppliers to end-users, is essential for overcoming manufacturing challenges and expanding market adoption.
In Armenia, policies for the water-soluble films market emphasize environmental sustainability, product safety standards, and market development incentives. Government initiatives include regulatory frameworks for biodegradability certification, support for eco-friendly packaging solutions, and partnerships with industry stakeholders to promote innovation in film technology.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Water Soluble Films Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Water Soluble Films Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Water Soluble Films Market - Industry Life Cycle |
3.4 Armenia Water Soluble Films Market - Porter's Five Forces |
3.5 Armenia Water Soluble Films Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Water Soluble Films Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Water Soluble Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable packaging solutions |
4.2.2 Increasing awareness about environmental concerns and need for eco-friendly products |
4.2.3 Rise in adoption of water soluble films in various industries such as pharmaceuticals, agrochemicals, and detergents |
4.3 Market Restraints |
4.3.1 High production costs of water soluble films |
4.3.2 Limited availability of raw materials |
4.3.3 Lack of awareness and understanding about the benefits of water soluble films among consumers |
5 Armenia Water Soluble Films Market Trends |
6 Armenia Water Soluble Films Market Segmentations |
6.1 Armenia Water Soluble Films Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Water Soluble Films Market Revenues & Volume, By Hot water Soluble, 2021-2031F |
6.1.3 Armenia Water Soluble Films Market Revenues & Volume, By Cold Water Soluble, 2021-2031F |
6.2 Armenia Water Soluble Films Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Water Soluble Films Market Revenues & Volume, By Detergent, 2021-2031F |
6.2.3 Armenia Water Soluble Films Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.4 Armenia Water Soluble Films Market Revenues & Volume, By Water Treatment Chemical, 2021-2031F |
6.2.5 Armenia Water Soluble Films Market Revenues & Volume, By Dye, 2021-2031F |
6.2.6 Armenia Water Soluble Films Market Revenues & Volume, By Food, 2021-2031F |
6.2.7 Armenia Water Soluble Films Market Revenues & Volume, By Laundry Bags, 2021-2031F |
6.2.8 Armenia Water Soluble Films Market Revenues & Volume, By Pharmaceutical Packaging, 2021-2031F |
6.2.9 Armenia Water Soluble Films Market Revenues & Volume, By Pharmaceutical Packaging, 2021-2031F |
7 Armenia Water Soluble Films Market Import-Export Trade Statistics |
7.1 Armenia Water Soluble Films Market Export to Major Countries |
7.2 Armenia Water Soluble Films Market Imports from Major Countries |
8 Armenia Water Soluble Films Market Key Performance Indicators |
8.1 Percentage of companies adopting water soluble films in their packaging solutions |
8.2 Growth in the number of patents filed for water soluble film technologies |
8.3 Increase in research and development investments in water soluble film innovations |
8.4 Environmental impact assessment showing reduction in plastic waste due to adoption of water soluble films |
8.5 Number of partnerships and collaborations between water soluble film manufacturers and end-user industries |
9 Armenia Water Soluble Films Market - Opportunity Assessment |
9.1 Armenia Water Soluble Films Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Water Soluble Films Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Water Soluble Films Market - Competitive Landscape |
10.1 Armenia Water Soluble Films Market Revenue Share, By Companies, 2024 |
10.2 Armenia Water Soluble Films Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |