Polyvinyl Alcohol Films Market to Hit $1.01 Billion by 2031 as 7.1% CAGR Drives Growth
Updated
Updated · PR Newswire · May 29
Polyvinyl Alcohol Films Market to Hit $1.01 Billion by 2031 as 7.1% CAGR Drives Growth
1 articles · Updated · PR Newswire · May 29
Summary
$1.01 billion is the projected size of the polyvinyl alcohol films market in 2031, up from $0.71 billion in 2026, according to a MarketsandMarkets forecast.
7.1% annual growth is being driven by rising demand for water-soluble and biodegradable packaging, especially in detergent pods, agrochemicals, pharmaceuticals, textiles and electronics.
Asia-Pacific is expected to post the fastest growth and already holds the largest share, supported by manufacturing capacity, lower production costs and expanding sustainable-packaging demand.
51.9% was the 2025 share for partially hydrolyzed films, the leading material grade, while biodegradable-compostable films are forecast to grow fastest among product types at a 7.4% CAGR.
7.3% CAGR is projected for pharmaceuticals and healthcare, underscoring how regulation on plastic waste and investment in eco-friendly materials are broadening end-market adoption.