Vacuum Packaging Market

Vacuum Packaging Market Segmented by Industry Insights,
Trends, Outlook, and Opportunity Analysis Till 2026
Vacuum packaging is a technology in which air is removed in order to block the
growth of oxygen-breathing microbes, which spoil the product. The purpose of
vacuum packaging is to eliminate oxygen from the package. Removal of inner
oxygen results in a longer shelf life. It is essential that the accurate incorporation
of the product, process, package, and distribution exists in the supply chain to
avoid recontamination. The global vacuum packaging market is gaining
momentum primarily due to the increasing demand for sanitary packaging in
various sectors. A prominent disadvantage of vacuum packaging includes the
loss of preservation once the package is opened.
Request
For
Sample
Copy
of
this
Research
Report
:https://www.coherentmarketinsights.com/insight/request-sample/724
Major drivers for the vacuum packaging market include the demand for
hygienic packaging, manufacturers’ demand of longer shelf-life, a shift toward
easy-to-handle & convenient packaging, and growth of end-use industries. Food
packaging market plays a critical role in driving the growth of vacuum
packaging market. Ease of handling, portability, and flexibility have increased
the popularity of packaged food. This technique ensures shelf life extension
with high sterile environment, which prohibits food spoilage.
Polyethylene is the most used material for vacuum packaging due to its low
production & processing cost that has encouraged producers to prefer
polyethylene over other packaging materials. Polyamide is another highly
demanded packaging material due to its properties such as transparency,
elasticity, and high thermoforming & high shrinkage characteristics. Increasing
requirement for transparent food covering, due to its assurance on food quality
by visual inspection, is expected to drive the polyamide demand over the
forecast period. Thermoforming machines can be used for vacuum packaging in
large production facilities. It is possible to customize thermoform plastics on the
basis of size, color, clarity, and shape. This enables products to fit perfectly in
order to create a consistent appearance according to the requirement.
Market Outlook
Asia Pacific is a major player in the global vacuum packaging market. The
market growth is driven by factors such as high demand for packaged food,
elevated healthcare expenditure, and rapid urbanization & industrialization in
China and India. The augmented use of vacuum packaging in various end-use
industries such as pharmaceuticals is projected to propel the growth of the
vacuum packaging market
Europe accounts for a large market share due to the presence of major packaged
food and pharmaceutical manufacturers in this region on account of large
packaged and processed food demand. Growing healthcare sector is also
expected to propel the pharmaceutical packaging demand in the region.
According to the Population Reference Bureau, Statistics Canada and EU, the
geriatric population stood at 51 million in North America and 94 million in
Europe as of 2016, which has boosted the pharmaceutical industry
Emerging customer base in the Middle East and Africa region provides the
vacuum packaging market with high growth opportunities. Increasing need for
hygienic and safe products drives the vacuum packaging market in this region.
Increasing use of pharmaceuticals due to epidemics such as Ebola in Africa is
likely to drive the demand for vacuum packaging in African countries
In Latin America, increasing awareness among consumers regarding food
preservation and high disposable incomes coupled with growing reliance on
packaged and easily available foods augment the growth of the vacuum
packaging market. Presence of major processed food manufacturers such as
Nestle and Heinz boosts the potential of vacuum packaging market in this
region
Some of the key players in the vacuum packaging market include Amcor
Limited, Bemis Company, Inc., Berry Plastics Corporation, Sealed Air
Corporation, Linpac Packaging Limited, Multisorb Technologies, Inc., Coveris
Holding SA, CVP Systems Inc., Ulma Packaging, SCOOP, and Orics Industries,
Inc.
For More Information:https://tinyurl.com/yxpkk8eq
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm
offering action-ready syndicated research reports, custom market analysis,
consulting services, and competitive analysis through various recommendations
related to emerging market trends, technologies, and potential absolute dollar
opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

Vacuum Packaging Market report is segmented on the basis of Packaging Material, Machinery used, packaging type, and end user - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Download Report