Vacuum Packaging Market 2019 Global Analysis, CAGR, Share, Future Scope and Key Industry Segments Poised for Strong Growth till forecast 2025

Global Vacuum Packaging Market Size, Share, Trends, Segments, Future Scope by Material Type, Process (Skin Vacuum Packaging, Shrink Vacuum Packaging and others), Packaging, Application (Food, Pharmaceuticals, Industrial Goods and others), Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2025

Vacuum Packaging Market Synopsis


Vacuum packaging involves evacuation of air before sealing the packets to increase the shelf life. This process is gaining momentum and is likely to gain traction in the years to come. The global vacuum packaging market, as per the assessment offered by Market Research Future (MRFR), is poised to strike 4.97% CAGR over the evaluation period 2019 to 2025. The analysis highlights that the market is projected to reach USD 32.41 Bn mark by 2025.


The food & beverage industry exhibit excessive demand for vacuum packaging. It helps in the extension of the life span of the products. Increasing demand for processed and packages food products is expected to lead the growth rate of the vacuum packaging market over the next couple of years.


The rising demand from the pharmaceuticals industry is also anticipated to boost the growth pace of the vacuum packaging market in the foreseeable future. It offers protection from dust, insects, moisture, etc., which is projected to catapult the market on upward trajectory. Introduction of innovative technologies in the nearby future is prognosticated to catalyze the proliferation of the market in the years to come. On the contrary, the implementation of stricter regulations on packaging material wastage is projected to check the expansion of vacuum packaging market over the evaluation period.


Get Free Sample Copy With Complete TOC @ https://www.marketresearchfuture.com/sample_request/2111


Competitive Dashboard



DuPont de Nemours, Inc. (US)
Amcor PLC (Australia)
Mondi (Austria)
Berry Global Inc. (US)
COVERIS (US)
Klöckner Pentaplast (Germany)
Sealed Air (US)
Winpak Ltd (Canada)
Green Packaging Material (Jiangyin) Co., Ltd (China)

are the main players of the vacuum packaging market and are studied in the share analysis of the market. In addition, few other players profiled in this MRFR report are



US Packaging & Wrapping LLC (US)
Sealer Sales, Inc. (US)
Wells Can Company (Canada)
Kite Packaging Ltd (UK)
Collinsons Vacuum Packaging Pty Ltd (Australia)
STEWART'S PACKAGING (US)

These players are anticipated to encourage robust competition in the forthcoming years by investing in the expansion of technological capabilities. In addition, approaches such as collaborations with end-user industries, agreements, distribution channel expansion, etc. are further prognosticated to intensify competition in the vacuum packaging market over the next few years.


Industry News


In August 2019, India-based Rajendra and Ursula Joshi Food Industries Pvt Ltd have announced the launch of soft paneer which leverages German technology for vacuum packaging.


In July 2019, a division of Jabil Inc. - Jabil Packaging Solutions (JPS) has announced the introduction of a suite of Sustainable Packaging Services that help packaged good brands in delivering sustainable and innovative packaging formats into the marketplace.


Market Segmentation


Based on material type, the global vacuum packaging market has been segmented into polypropylene, polyethylene, ethylene vinyl alcohol, polyamide, and others.


On the basis of process, the vacuum packaging market has been segmented into shrink vacuum packaging, skin vacuum packaging, and others.


By packaging, the global vacuum packaging market has been segmented into flexible packaging, rigid packaging, and semi-rigid packaging.


The segments of the vacuum packaging market, based on application, are pharmaceuticals, industrial goods, food, and others.


Regional Assessment


The geographical evaluation of the global vacuum packaging market identifies four major regions - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). Asia Pacific accounted for maximum market share in 2018, followed by Europe and North America respectively. Increasing consumption of packaged as well as processed food is anticipated to drive the expansion of the market in region over the next couple of years. The growth of the end-user industries in the region is poised to emerge as the primary driver of the vacuum packaging market in the years to come.


Table Of Content


1  Executive Summary


2  Scope of the Report


2.1 Market Definition


2.2 Scope Of The Study


2.2.1 Definition


2.2.2 Research Objectives


2.2.3 Assumptions


2.2.4 Limitations


2.3 Research Process


2.3.1 Primary Research


2.3.2 Secondary Research


2.4 Market Size Estimation


2.5 Forecast Model


3  Market Landscape


3.1 Porter’s Five Forces Analysis


3.1.1 Threat Of New Entrants


3.1.2 Bargaining Power Of Buyers


3.1.3 Threat Of Substitutes


3.1.4 Segment Rivalry


3.1.5 Bargaining Power Of Buyers


3.2 Value Chain/Supply Chain Analysis


4  Market Dynamics


4.1 Introduction


4.2 Market Drivers


4.3 Market Restraints


4.4 Market Opportunities


Continues….


List Of Tables


Table 1 Global Vacuum Packaging Market, By Region, 2019–2025


Table 2 North America: Global Vacuum Packaging Market, By Country, 2019–2025


Table 3 Europe: Global Vacuum Packaging Market, By Country, 2019–2025


Table 4 Asia-Pacific: Global Vacuum Packaging Market, By Country, 2019–2025


Table 5 Rest Of The World: Global Vacuum Packaging Market, By Country, 2019–2025


Table 6 Global Vacuum Packaging Market, By Material Type, By Region, 2019–2025


Continues….


List Of Figures


FIGURE 1 Research Process Of MRFR


FIGURE 2 Top-Down And Bottom-Up Approach


FIGURE 3 Market Dynamics


FIGURE 4 Impact Analysis: Market Drivers


FIGURE 5 Impact Analysis: Market Restraints


FIGURE 6 Porter’s Five Forces Analysis


FIGURE 7 Value Chain Analysis


Continues….


Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/vacuum-packaging-market-2111


About Market Research Future


At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


 

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Phone: +1 628 258 0071
Website: https://www.marketresearchfuture.com/reports/vacuum-packaging-market-2111

Release ID: 88922261