Market Overview:
The global vacuum packaging market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising demand for vacuum packaged food products, increasing awareness about the benefits of vacuum packaging and technological advancements in the field of vacuum packaging. Polyethylene dominates the global market with a share of more than 50%. This can be attributed to its properties such as high tensile strength, toughness and resistance to chemicals. Based on application, food & beverage dominates the global market with a share of more than 60%. This can be attributed to factors such as increase in disposable income coupled with changing lifestyle trends across regions.
Product Definition:
A process of packing food items in a plastic pouch and then removing all the air from the pouch to extend the shelf life of food.
Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027:
Global vacuum packaging market size was estimated at USD 21.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for hygienic food products, pharmaceuticals, and medical devices among other goods.
Polyethylene(PE):
Polyethylene is a widely used thermoplastic polymer in the packaging industry. It offers several unique properties such as high strength, excellent resistance to most solvents, low moisture vapor transmission rate (MVTR), and softness. These properties have made polyethylene an ideal material for use in vacuum packaging applications over the past few years.
The global vacuum packaging market was valued at USD 5,60 billion in 2015.
Application Insights:
The food & beverage application segment led the global vacuum packaging market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as increasing demand for packaged foods, including ready-to-eat meals, snacks, frozen products among others; growing population and changing lifestyle coupled with rising disposable income are expected to drive the industry growth over the coming years.
The pharmaceuticals application segment accounted for a significant share in 2017 owing to factors such as high product complexity along with hygiene concerns that require sterile conditions during storage and transportation of drugs among others. Rising incidences of diseases caused due improper storage conditions are anticipated to boost investments from governments & private players towards improving healthcare infrastructure which will further propel industry growth on a positive note soon enough.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as food & beverage, pharmaceuticals, and consumer goods. China is one of the largest markets for vacuum packaging in Asia Pacific due to increasing investments by leading players in this country. In addition, growing e-commerce industry has further propelled product sales through online channels which will drive regional market growth over the forecast period.
Europe was estimated at USD X million in 2017 owing to high demand from several major application industries including food & beverages and pharmaceuticals that are witnessing significant growth across countries like Germany, U.K.
Growth Factors:
- Increasing demand for vacuum packaging from food and beverage industry as it helps in extending the shelf life of the products.
- Rising awareness about the benefits of vacuum packaging among consumers, which is helping to drive its adoption across different end-use industries.
- Growing popularity of ready-to-eat and ready-to-cook food products, which are driving the demand for vacuum packaging solutions to preserve their freshness and taste.
- Technological advancements in vacuum packaging technology that is helping to improve its efficiency and performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Packaging Market Research Report
By Type
Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027, Polyethylene(PE), Polyvinylidenchloride(PVDC), Polypropylene(PP), Polyvinylchloride(PVC), Polyester(PET), Polyamide(PA), Others
By Application
Food & Beverage, Pharmaceuticals, Industrial, Consumer Goods, Others
By Companies
Amcor, Amcor, Berry Plastics, Sealed Air, Coveris Holdings, Cvp Systems, Linpac Packaging, Multisorb Technologies, Ulma Packaging, Orics Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Packaging Market Report Segments:
The global Vacuum Packaging market is segmented on the basis of:
Types
Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027, Polyethylene(PE), Polyvinylidenchloride(PVDC), Polypropylene(PP), Polyvinylchloride(PVC), Polyester(PET), Polyamide(PA), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Pharmaceuticals, Industrial, Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Amcor
- Berry Plastics
- Sealed Air
- Coveris Holdings
- Cvp Systems
- Linpac Packaging
- Multisorb Technologies
- Ulma Packaging
- Orics Industries
Highlights of The Vacuum Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
- Polyethylene(PE)
- Polyvinylidenchloride(PVDC)
- Polypropylene(PP)
- Polyvinylchloride(PVC)
- Polyester(PET)
- Polyamide(PA)
- Others
- By Application:
- Food & Beverage
- Pharmaceuticals
- Industrial
- Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vacuum Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vacuum packaging is a type of packaging that uses a vacuum to create an airtight seal. This seal helps protect the contents of the package from moisture, oxygen, and other contaminants.
Some of the key players operating in the vacuum packaging market are Amcor, Amcor, Berry Plastics, Sealed Air, Coveris Holdings, Cvp Systems, Linpac Packaging, Multisorb Technologies, Ulma Packaging, Orics Industries.
The vacuum packaging market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vacuum Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vacuum Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vacuum Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vacuum Packaging Market Size & Forecast, 2020-2028
4.5.1 Vacuum Packaging Market Size and Y-o-Y Growth
4.5.2 Vacuum Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
5.2.2 Polyethylene(PE)
5.2.3 Polyvinylidenchloride(PVDC)
5.2.4 Polypropylene(PP)
5.2.5 Polyvinylchloride(PVC)
5.2.6 Polyester(PET)
5.2.7 Polyamide(PA)
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Pharmaceuticals
6.2.3 Industrial
6.2.4 Consumer Goods
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vacuum Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
9.6.2 Polyethylene(PE)
9.6.3 Polyvinylidenchloride(PVDC)
9.6.4 Polypropylene(PP)
9.6.5 Polyvinylchloride(PVC)
9.6.6 Polyester(PET)
9.6.7 Polyamide(PA)
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Pharmaceuticals
9.10.3 Industrial
9.10.4 Consumer Goods
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
10.6.2 Polyethylene(PE)
10.6.3 Polyvinylidenchloride(PVDC)
10.6.4 Polypropylene(PP)
10.6.5 Polyvinylchloride(PVC)
10.6.6 Polyester(PET)
10.6.7 Polyamide(PA)
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Pharmaceuticals
10.10.3 Industrial
10.10.4 Consumer Goods
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
11.6.2 Polyethylene(PE)
11.6.3 Polyvinylidenchloride(PVDC)
11.6.4 Polypropylene(PP)
11.6.5 Polyvinylchloride(PVC)
11.6.6 Polyester(PET)
11.6.7 Polyamide(PA)
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Pharmaceuticals
11.10.3 Industrial
11.10.4 Consumer Goods
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
12.6.2 Polyethylene(PE)
12.6.3 Polyvinylidenchloride(PVDC)
12.6.4 Polypropylene(PP)
12.6.5 Polyvinylchloride(PVC)
12.6.6 Polyester(PET)
12.6.7 Polyamide(PA)
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Pharmaceuticals
12.10.3 Industrial
12.10.4 Consumer Goods
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Global Vacuum Packaging Market Size Growth Rate by Material: 2016 VS 2021 VS 2027
13.6.2 Polyethylene(PE)
13.6.3 Polyvinylidenchloride(PVDC)
13.6.4 Polypropylene(PP)
13.6.5 Polyvinylchloride(PVC)
13.6.6 Polyester(PET)
13.6.7 Polyamide(PA)
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Pharmaceuticals
13.10.3 Industrial
13.10.4 Consumer Goods
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vacuum Packaging Market: Competitive Dashboard
14.2 Global Vacuum Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Amcor
14.3.3 Berry Plastics
14.3.4 Sealed Air
14.3.5 Coveris Holdings
14.3.6 Cvp Systems
14.3.7 Linpac Packaging
14.3.8 Multisorb Technologies
14.3.9 Ulma Packaging
14.3.10 Orics Industries
