NEW
YORK, July 12, 2024 /PRNewswire/ -- The global
vacuum packaging market is estimated to grow by USD 7.93 billion from 2024-2028, with a CAGR of
4.6%, driven by increasing awareness about food safety and hygiene
and a trend towards sustainable packaging solutions. However, the
industry faces challenges such as stringent regulations on
plastics. Key players 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, and others.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Material (Polyethylene,
Polyamide, EVOH, and Others), End-user (Food, Healthcare and
pharmaceutical, Industrial, and Others), and Geography (APAC,
Europe, North America, Middle East and Africa, and South
America)
|
Region
Covered
|
APAC, Europe, North
America, Middle East and Africa, and South America
|
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.
|
Key Market Trends Fueling Growth
The vacuum packaging market is experiencing growing demand for
eco-friendly solutions as consumers prioritize reducing their
environmental impact. Traditional vacuum packaging relies on
plastics, which can take centuries to decompose. However, the
introduction of sustainable alternatives, such as biodegradable
polylactic acid (PLA) or compostable plant-based films, is gaining
popularity. Recycled materials are also being used, reducing the
demand for virgin materials and minimizing waste. Innovative
designs, like easy-to-remove labels and separable layers, make
recycling and repurposing easier. Extended shelf life through
advanced technologies is another trend, reducing excessive
packaging and food waste. These factors are driving the adoption of
vacuum packaging, contributing to market growth.
The vacuum packaging market is thriving due to its significant
role in food preservation and extending shelf life. Packaging
technology advances continue to drive innovation, with vacuum
sealers, bags, and machines being key components. Vacuum sealing is
a popular technique for preserving various food items, from meats
and cheeses to snacks and baked goods. Vacuum packaging equipment
and materials are essential for this process, with various types
and designs available to meet diverse applications. Benefits of
vacuum packaging include improved food safety, reduced waste, and
enhanced product appeal. Vacuum packaging solutions are
increasingly being adopted by food manufacturers and retailers to
meet consumer demand for freshness and convenience. The industry is
experiencing robust growth, with numerous suppliers and
manufacturers providing a wide range of vacuum packaging materials,
systems, and techniques. Trends in the market include the
development of sustainable and eco-friendly packaging materials and
the integration of automation and digital technologies to
streamline the vacuum packaging process.
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Market Challenges
• Strict
regulations on plastics are becoming a significant factor in the
vacuum packaging market due to environmental sustainability
concerns. The European Union Single-Use Plastics Directive is an
example, targeting the reduction of single-use plastic products,
including plastic packaging. This regulation bans certain items and
introduces extended producer responsibility, requiring
manufacturers to cover waste management costs. In countries like
Kenya and Rwanda, plastic bag bans have encouraged the
use of reusable or biodegradable alternatives, forcing vacuum
packaging companies to adjust production processes using
sustainable materials. These regulations are expected to negatively
impact the global vacuum packaging market, as manufacturers must
find alternatives to traditional plastic materials.
• The vacuum
packaging industry is experiencing significant growth due to
increasing demand for extended shelf life and improved product
preservation. Suppliers and manufacturers are innovating to meet
this demand with new vacuum packaging materials, designs, and
techniques. Vacuum sealers, bags, and machines are essential
equipment in this industry. The process of vacuum sealing removes
air, preserving food and other perishable items. Vacuum packaging
benefits include extended shelf life, reduced waste, and improved
product safety. Applications span various sectors, including food,
pharmaceuticals, and industrial. Despite these advantages,
challenges remain, including the need for cost-effective solutions
and sustainable materials. The vacuum packaging market continues to
evolve with new trends and techniques, ensuring its continued
growth and relevance in the packaging technology landscape.
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challenges - Download a Sample Report
Segment Overview
This vacuum packaging market report extensively covers market
segmentation by
- Material
- 1.1 Polyethylene
- 1.2 Polyamide
- 1.3 EVOH
- 1.4 Others
- End-user
- 2.1 Food
- 2.2 Healthcare and pharmaceutical
- 2.3 Industrial
- 2.4 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Polyethylene- Vacuum packaging is a process
that removes air from food packages before sealing them, extending
the shelf life and preserving the freshness, taste, and quality of
various food products. This method inhibits the growth of bacteria,
mold, and yeast by eliminating oxygen, ensuring consumers receive
fresh and high-quality items. Vacuum packaging also prevents
freezer burn in frozen foods and maintains the texture, appearance,
and nutritional value of processed and ready-to-eat meals. Deli
meats, cheeses, coffee, nuts, and snacks are common food items that
benefit from vacuum packaging. The advantages of vacuum packaging
in the food sector are driving its demand, contributing to the
growth of the global vacuum packaging market.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
Vacuum packaging is a modern food preservation technique that
utilizes vacuum sealing technology to extend the shelf life and
maintain the freshness of perishable food items. This packaging
process involves the removal of air from vacuum packaging bags
using a vacuum sealer or vacuum packaging machine. The vacuum
sealing process creates an airtight seal, preventing oxygen from
entering and bacteria from growing. Vacuum packaging materials,
including vacuum bags and films, are specifically designed to
withstand the vacuum sealing process and preserve the quality of
the food. The benefits of vacuum packaging include extended shelf
life, improved food safety, reduced waste, and enhanced
presentation. Vacuum packaging technology continues to evolve, with
advancements in equipment and materials offering increased
efficiency and versatility for various industries, including food,
pharmaceuticals, and laboratory applications.
Market Research Overview
Vacuum packaging is a modern preservation technique that
utilizes vacuum sealing technology to extend the shelf life of
perishable food items. This packaging process involves removing air
from the packaging material, typically vacuum bags, and sealing it
airtight using vacuum sealers or vacuum packaging machines. The
vacuum packaging industry has seen significant growth due to its
numerous benefits, including food preservation, improved product
appearance, and reduced waste. Vacuum packaging materials are
essential for this process, and various types, such as
polyethylene, polypropylene, and PVC, are available. Vacuum
packaging equipment includes vacuum sealers, vacuum packaging
machines, and vacuum packaging systems. Innovations in this field
include the development of new materials, designs, and techniques
to enhance the efficiency and effectiveness of vacuum packaging.
The vacuum packaging process offers several advantages, including
extended shelf life, improved product quality, and reduced
transportation costs. Vacuum packaging solutions are widely used in
various industries, including food, pharmaceuticals, and cosmetics.
The vacuum packaging industry is expected to continue growing due
to increasing demand for extended shelf life, convenient packaging,
and sustainable food preservation methods.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Material
-
- Polyethylene
- Polyamide
- EVOH
- Others
- End-user
-
- Food
- Healthcare And Pharmaceutical
- Industrial
- Others
- Geography
-
- APAC
- Europe
- North America
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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