Global Vacuum Packaging Market, By Material Type (Polyethylene, Polypropylene, Polyamide, Ethylene Vinyl Alcohol and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray Sealing Machines, Others), Process (Skin Vacuum Packaging, Shrink Vacuum Packaging and Others), Packaging (Rigid Packaging, Flexible Packaging and Semi-Rigid Packaging), Application (Food, Pharmaceuticals, Industrial Goods and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
The vacuum packaging market will reach an estimated valuation of USD 27.00 billion by 2027, while registering this growth at a rate of 5.0% for the forecast period of 2020 to 2027. The vacuum packaging market report analyses the growth, which is currently being growing due to the rising growth of the electrical as well as automotive sector.
Vacuum packaging refers to creating a vacuum before sealing the package. It involves rapping in a plastic and ensuring no air is trapped inside. It is extremely useful in preserving food as presence of air can promote growth of bacteria inside food. Vacuum packaging increases the shelf life of food products.
The priority for hygienic foods, increased consumption of processed foods, eliminating the requirement of preservatives and growing modern trade in retail space are some of the factors which will likely to enhance the growth of the vacuum packaging market in the forecast period of 2020-2027. On the other hand, changing urban lifestyles and rise of environment friendly products will further create new opportunities for the growth of the vacuum packaging market in the above mentioned forecast period.
The excessive installation costs and continuous maintenance of packaging equipment will hinder the growth of the vacuum packaging market in the above mentioned forecast period.
This vacuum packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on vacuum packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Vacuum Packaging Market Scope and Market Size
The vacuum packaging market is segmented on the basis of material type, machinery, process, packaging and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the vacuum packaging market is segmented into polyethylene, polypropylene, polyamide, ethylene vinyl alcohol and others.
- On the basis of machinery, the vacuum packaging market is segmented into thermoformers, external vacuum sealers, tray sealing machines and others.
- Based on process, the vacuum packaging market is segmented into skin vacuum packaging, shrink vacuum packaging and others.
- On the basis of packaging, the vacuum packaging market is segmented into rigid packaging, flexible packaging and semi-rigid Packaging.
- The vacuum packaging market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for vacuum packaging market includes food, pharmaceuticals, industrial goods and others.
Global Vacuum Packaging Market Country Level Analysis
Global vacuum packaging market is analysed and market size, volume information is provided by country, machinery, material type, process, packaging and application as referenced above.
The countries covered in the vacuum packaging market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is expected to hold the largest growth rate due to the increasing population, rapid urbanization, growing fast-food industry and increasing expenditure on food. Expanding food & beverage industry is further fuelling the growth in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vacuum Packaging Market Share Analysis
The vacuum packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vacuum packaging market.
The major players covered in the vacuum packaging market report are Amcor Limited, Bemis Company, Inc., Berry Plastics Corporation, Sealed Air Corporation, Coveris Holdings S.A., CVP Systems, Inc., Linpac Packaging Limited, Multisorb Technologies, Inc, ULMA Packaging, Sealer Sales, Inc., US Packaging & Wrapping LLC, Kite Packaging Ltd, Wells Can Company and S.Coop, Orics Industries, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Vacuum Packaging Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.