Global Vacuum Packaging Market 2024-2028
The vacuum packaging market is forecasted to grow by USD 7932.7 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the vacuum packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about food safety and hygiene, growing demand for convenient packaging solutions, and increasing use of vacuum packaging in non-food industries.
Technavio's vacuum packaging market is segmented as below:
ByMaterial
- Polyethylene
- Polyamide
- EVOH
- Others
ByEnd-user
- Food
- Healthcare and pharmaceutical
- Industrial
- Others
ByGeography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing demand for sustainable packaging solutions as one of the prime reasons driving the vacuum packaging market growth during the next few years. Also, technological advancements in vacuum packaging equipment and rising demand for personalized and customized vacuum packaging solutions will lead to sizable demand in the market.
The report on the vacuum packaging market covers the following areas:
- Vacuum packaging market sizing
- Vacuum packaging market forecast
- Vacuum packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vacuum packaging market vendors that include 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.. Also, the vacuum packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.