Vacuum Packaging Market by Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, and Others), Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, and Others),

Vacuum Packaging Market by Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, and Others), Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, and Others), Pack Type (Flexible Packaging, Semi-rigid Packaging, Rigid Packaging), Application (Food, Pharmaceuticals, Industrial Goods, and Others), and Region - 2023-2028

The global vacuum packaging market size reached US$ 27.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.77 Billion by 2028, exhibiting a growth rate (CAGR) of 4.14% during 2023-2028.

Vacuum packaging comprises the extraction of air from the chamber, injecting preservative gas, and sealing and aerating the products. It uses pouches, sachets, paper bags, bubble wraps, and stock bags to pack the products. It assists in removing oxygen from the container to prolong the shelf life of products and minimizing the volume of the contents and package. It is lightweight, easy to open, carry, store and reseal, and offers various customization options, which add aesthetic appeal to different products. At present, key players are introducing eco-friendly and renewable vacuum packaging solutions to reduce environmental impact.

Vacuum Packaging Market Trends:
Vacuum packaging is employed in the food and beverage (F&B) sector for the packaging of numerous food products and drinks. This, coupled with the increasing preferences for ready-to-eat (RTE) food products on account of busy lifestyles and the expanding purchasing power of individuals, represents one of the key factors strengthening the market growth around the world. The escalating demand for seafood, meat, frozen vegetables, cheese, baked goods, and other food products is also contributing to the market growth. Moreover, the rising adoption of vacuum packaging in the pharmaceutical industry for packing drugs and reducing the risk of contamination is favoring the growth of the market. In addition, vacuum packaging finds extensive application in the e-commerce industry to enhance productivity, efficiency, and output. Furthermore, the growing preferences for online shopping and the requirement for efficient delivery of products are influencing the market positively. Furthermore, vacuum packaging is used in the electronics industry to prevent the products from mildew, corrosion, and moisture. The increasing sales of consumer electronics are also providing a thrust to the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vacuum packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on process, material, machinery, pack type and application.

Breakup by Process:

Skin Vacuum Packaging
Shrink Vacuum Packaging
Others

Breakup by Material:

Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others

Breakup by Machinery:

Thermoformers
External Vacuum Sealers
Tray-sealing Machines
Others

Breakup by Pack Type:

Flexible Packaging
Semi-rigid Packaging
Rigid Packaging

Breakup by Application:

Food
Pharmaceuticals
Industrial Goods
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Coveris Holdings S.A., Dow Inc., Kite Packaging Ltd, Klöckner Pentaplast, Nemco Machinery A/S, Plastopil Hazorea Company Ltd., Sealed Air Corporation, Sealer Sales Inc., U.S. Packaging & Wrapping LLC, ULMA Packaging, Wells Can Company Ltd and Winpak Ltd. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report
1. What was the size of the global vacuum packaging market in 2022?
2. What is the expected growth rate of the global vacuum packaging market during 2023-2028?
3. What are the key factors driving the global vacuum packaging market?
4. What has been the impact of COVID-19 on the global vacuum packaging market?
5. What is the breakup of the global vacuum packaging market based on the process?
6. What is the breakup of the global vacuum packaging market based on the material?
7. What is the breakup of the global vacuum packaging market based on the machinery?
8. What is the breakup of the global vacuum packaging market based on the pack type?
9. What is the breakup of the global vacuum packaging market based on the application?
10. What are the key regions in the global vacuum packaging market?
11. Who are the key players/companies in the global vacuum packaging market?