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The vacuum packaging market size is forecast to increase by USD 7.93 billion at a CAGR of 4.6% between 2023 and 2028. The market is experiencing significant growth due to increasing awareness regarding food safety and hygiene. Consumers are increasingly demanding convenient packaging solutions to ensure the preservation of perishable items. Vacuum packaging, in particular, is gaining popularity not only in the food industry but also in non-food sectors. This technology effectively removes air from the packaging, thereby extending the shelf life of products and maintaining their freshness. The growing trend towards sustainable packaging and the ability of vacuum packaging to reduce food waste are additional factors fueling market expansion. Vacuum packaging systems are versatile, suitable for various industries, and offer cost-effective solutions for preserving product quality and freshness.
It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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The market has witnessed a surge in demand due to its pivotal role in food preservation. Vacuum sealers and vacuum bags are essential components of the vacuum sealing process, ensuring the freshness and longevity of perishable goods. Advanced vacuum packaging machines and equipment have redefined the industry, offering efficient solutions for packaging a wide array of products. The use of high-quality vacuum packaging materials and the meticulous vacuum packaging process have resulted in numerous benefits, especially for the preservation of Vacuum packaging for fresh produce, Vacuum packaging for meat, Vacuum packaging for fish, Vacuum packaging for poultry, and Vacuum packaging for dairy products. Moreover, the application of vacuum packaging extends beyond food, encompassing medical devices, industrial products, Vacuum packaging for pet food, and various Vacuum packaging for non-food items. It is commonly used with pouches to preserve freshness and extend the shelf life of various products by removing air and creating a tight seal. As the market continues to evolve, it plays a critical role in ensuring the safety and quality of goods across diverse sectors.
Increasing awareness about food safety and hygiene is driving growth in the market. With the growing concern about foodborne illnesses and contamination, it is important for both manufacturers and consumers to be aware of the importance of keeping good hygiene standards in place across the supply chain. By actively promoting and practicing proper hygiene and safety measures, we can reduce the risks associated with vacuum packaging and ensure the integrity of our food.
However, one key aspect of food safety is the proper handling and storage of products. This includes ensuring that all equipment and surfaces are clean and sanitized before use. In order to increase the awareness of food safety and hygiene, consumer education is also essential. Providing clear and concise instructions on the proper handling and storage of vacuum-packaged products can help consumers avoid potential risks. These factors are expected to increase the demand among consumers, which will propel the growth of the global market during the forecast period.
The growing demand for sustainable packaging solutions is a primary trend in the market. The growing demand for sustainable packaging solutions is currently being witnessed in the global market. As consumers become increasingly aware of the need to reduce their environmental impact, they are seeking products that are not only effective in preserving the freshness and quality of the contents but are also eco-friendly, which has led to a surge in the popularity of sustainable packaging options globally.
In addition to sustainable materials, innovative packaging designs are also being introduced in the global market. Manufacturers can prolong shelf life, reducing the need for excessive packaging in order to minimize food waste through the use of more advanced technologies and techniques. Thus, it is expected to rise the adoption of vacuum packaging, which will fuel the growth of the market in focus during the forecast period.
The stringent regulation of plastics is a major challenge in the market. The growing concern about the sustainability of the environment, strict regulations on plastics are becoming increasingly important in the global market. Governments and regulatory bodies around the world have been implementing measures to reduce the negative impact of plastics on the environment, including their use in vacuum packaging.
Moreover, these regulations aim to encourage the adoption of more environmentally friendly alternatives and reduce the amount of plastic waste generated. To meet the regulations, companies on the markets have had to modify their production process in order to make use of more sustainable materials like paper and plastic which are biodegradable. Thus, such factors are expected to hinder the growth of the market focus during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amcor Plc - The company offers vacuum packaging for bags and pouches under the brand Ecoguard.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The polyethylene segment is estimated to witness significant growth during the forecast period. This polyethylene (PE) segment plays a significant role in the global market. In order to meet the needs of a range of packaging applications, this flexible and extensively used material has different useful properties. One key advantage of PE is its high barrier properties.
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The polyethylene segment was the largest segment and was valued at USD 12.18 billion in 2017. PE offers excellent clarity, allowing consumers to easily see the contents of the package. Packaging that enhances the product's visual appearance and attracts potential customers is ensured by clear PE film. Furthermore, PE is lightweight, reducing transportation costs and minimizing carbon emissions. Its low density enables the creation of thin films without compromising product protection. The integration of PE into the solutions is particularly advantageous for e-commerce businesses that prioritize efficient shipping and environmental sustainability.
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APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
APAC holds a significant position in the global market. The demand for the solutions is on the increase, given that different countries in the region are rapidly developing their economies and becoming urbanized. This trend can be attributed to several factors, including changing consumer preferences, advancements in packaging technology, and increasing awareness about food safety and hygiene. Such factors will increase the market growth in this region during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Europe - Vacuum Packaging Market: Europe - Vacuum Packaging Market by End-user, Material and Geography - Forecast and Analysis
Flexible Plastic Packaging Market: Flexible Plastic Packaging Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, UK, Germany - Size and Forecast
Flexible Packaging Market: Flexible Packaging Market - North America, Europe, EMEA, APAC: US, Canada, China, Germany, UK - Forecast
The Vacuum packaging industry is experiencing robust vacuum packaging growth driven by a myriad of factors and vacuum packaging applications. Vacuum sealers, vacuum bags, and vacuum packaging machines are at the forefront of this industry, offering efficient food preservation solutions. These techniques not only extend the shelf life of perishable goods but also ensure food safety and hygiene, addressing the increasing consumer awareness in these areas. Advancements in vacuum packaging materials, designs, and techniques contribute to its continuous innovation. As a result, vacuum packaging solutions are becoming increasingly sophisticated, meeting the evolving needs of various industries.
The market is witnessing a surge in Vacuum packaging suppliers and vacuum packaging demand, driven by its numerous vacuum packaging benefits and vacuum packaging advantages. These include increased product shelf life, improved product presentation, and enhanced transportation efficiency. The market is witnessing dynamic growth driven by a diverse array of applications across various industries. Vacuum sealing techniques, alongside innovative vacuum packaging equipment and designs, are revolutionizing the packaging process, Vacuum packaging systems, Vacuum packaging for pharmaceuticals and Vacuum packaging for electronics. Manufacturers are continuously introducing new vacuum packaging types and techniques to meet evolving consumer demands and industry trends.
From vacuum packaging for food, vacuum packaging for medical devices, vacuum packaging for industrial products, vacuum packaging for perishable goods, vacuum packaging for fresh produce, vacuum packaging for meat, vacuum packaging for fish, vacuum packaging for poultry, vacuum packaging for dairy products, vacuum packaging for snacks, vacuum packaging for convenience foods, vacuum packaging for readytoeat meals, vacuum packaging for pet food, vacuum packaging for nonfood items, vacuum packaging offers versatile solutions. Moreover, its role extends to vaccum packaging for convenience foods, vaccum packaging for ready-to-eat meals, vaccum packaging for pet food, and vaccum packaging for non-food items, reflecting its widespread adoption. As vacuum packaging continues to evolve with technological innovations and consumer preferences, the market for vacuum packaging solutions is poised for sustained growth. Other important things to consider include vacuum packaging process, vacuum packaging innovations, vacuum packaging trends, vacuum packaging manufacturers, vacuum packaging designs, vacuum packaging techniques.
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
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Market growth 2024-2028 |
USD 7.93 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.18 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 43% |
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Key countries |
China, US, Germany, Japan, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Amcor Plc, Dow Chemical Co., Filtration Group Corp., GRUPO ULMA S. COOP, Henkelman BV, ILAPAK International S.A., Ishida Co. Ltd., KP Holding GmbH and Co. KG, Minipack International Pty Ltd., Mondi Plc, MULTIVAC Sepp Haggenmuller SE and Co. KG, PAC Machinery, Plastopil Hazorea Co. Ltd., Promarks Vac Co. Ltd., Sealed Air Corp., SencorpWhite, Smurfit Kappa Group, The Vacuum Pouch Co. Ltd., WEBOMATIC Maschinenfabrik GmbH, and Winpak Ltd. |
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Market dynamics |
Parent market analysis, Market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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