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The infographic below contains key findings from our analysis of the vacuum packaging equipment market
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The trend of e-commerce is gaining traction in developed countries, such as the US and countries in the EU since 2000. The e-commerce industry is also witnessing growth in the developing nations in APAC. In addition, the rising penetration of the Internet and smartphones in the region is encouraging the vendors in the industry to new enter unexplored markets. The online retail industry will continue to grow across the globe due to the rising disposable incomes and enhanced living standards of people and growing preference for convenience. This in turn, will boost the demand for vacuum sealer machine or vacuum packaging machine. Technavio’s market research report identifies the exponential growth in e-commerce industry will be one of the primary growth drivers for the global vacuum packaging equipment market till 2022. Technavio’s market research analysts predict that the market will grow at a CAGR of close to 6% by 2022.
The preference for contact thermal sensors is declining as they are not reliable enough and might cause damage as soon as they meet the packaging material. This has encouraged vacuum packaging and vacuum sealer machine manufacturers to come up with non-contact sensors. These sensors have high repeatable accuracy and the response time is very less. In addition, they are easy to use and require neither any form of calibration or programming and are small and compact in size. The application of non-contact sensors in vacuum packaging machines is identified as one of the key trends that will gain traction in the vacuum packaging equipment market during the projected period.
The vacuum packaging equipment market appears to be concentrated due to the presence of few vendors. This industry research report offers information about the competitive environment among players in this marketspace and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players of the vacuum packaging machine market currently focus on and strategies they follow to sustain the competition.
This research report provides an analysis of various companies in the market including
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The food processing sector contributed the majority of share toward the vacuum packaging equipment market during 2017. The growing need to prevent the contamination and increase the shelf life of food items is driving the food industry to rely on food sealer or vacuum machine for food packaging. This will have a positive impact on the vacuum packaging machine market in the food processing segment during the predicted period.
In terms of geography, during 2017, the APAC region accounted for the majority market share of the vacuum packaging equipment market. The growing demand for reliable vacuum packaging solutions to prevent the air leakage and maintain the product quality in APAC will drive the growth prospects for the vacuum packaging machine market in the region until the end of 2022.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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