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Vacuum Packaging Market Analysis APAC, Europe, North America, Middle East and Africa, South America - China, US, Germany, Japan, India - Size and Forecast 2024-2028

Vacuum Packaging Market Analysis APAC, Europe, North America, Middle East and Africa, South America - China, US, Germany, Japan, India - Size and Forecast 2024-2028

Published: Jun 2024 181 Pages SKU: IRTNTR75949

Market Overview at a Glance

$7.93 B
Market Opportunity
4.6%
CAGR
4.18
YoY growth 2023-2024(%)

Vacuum Packaging Market Size 2024-2028

The vacuum packaging market size is forecast to increase by USD 7.93 billion at a CAGR of 4.6% between 2023 and 2028.

  • The market is experiencing significant growth due to several key factors. One of the primary drivers is the increasing awareness about food safety and hygiene. Consumers are increasingly demanding packaging solutions that can preserve the freshness and quality of their food, while also ensuring that it is safe to consume. Another trend In the market is the growing demand for sustainable packaging solutions. As concerns about plastic waste and environmental impact continue to rise, vacuum packaging companies are responding by offering eco-friendly alternatives. Additionally, stringent regulations on plastics are pushing the market towards more sustainable options. Overall, these factors are contributing to the growth and innovation In the market.

    • What will be the Size of the Vacuum Packaging Market During the Forecast Period?

    Vacuum Packaging Market Size

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  • The market encompasses various technologies and equipment used for preserving food and other perishable items through the vacuum sealing process. This market is driven by the growing demand for extended shelf life, improved product safety, and reduced food waste. Vacuum sealers, vacuum bags, and vacuum packaging machines are integral components of this market, offering advantages such as enhanced product protection, reduced oxygen exposure, and improved product appearance. Vacuum packaging materials, including films and bags, are also essential, ensuring the integrity of the vacuum seal and maintaining product freshness. The vacuum packaging process involves removing air from the packaging, creating a vacuum, and sealing the bag, resulting in an airtight seal that prevents spoilage and contamination.
  • Overall, the market continues to evolve, offering innovative solutions for various industries, including food and beverage, healthcare, and industrial manufacturing.

    • How is this Vacuum Packaging Industry segmented and which is the largest segment?

    The vacuum packaging industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    • Material
      • Polyethylene
      • Polyamide
      • EVOH
      • Others
    • End-user
      • Food
      • Healthcare and pharmaceutical
      • Industrial
      • Others
    • Geography
      • APAC
        • China
        • India
        • Japan
      • Europe
        • Germany
      • North America
        • US
      • Middle East and Africa
        • South America

        By Material Insights

        • The polyethylene segment is estimated to witness significant growth during the forecast period.

        Vacuum packaging, utilizing Polyethylene (PE) as a primary material, significantly contributes to the global market. PE's advantageous properties make it a preferred choice for various applications. Its high barrier capabilities effectively inhibit the transmission of oxygen and moisture, thereby enhancing the shelf life of perishable goods, including food. Vacuum-sealed PE bags maintaIn the freshness of fruits and vegetables, thereby reducing food waste and improving product quality and safety. PE's durability is another key attribute, as it offers flexibility and resistance to external impacts, making it suitable for safeguarding delicate items during transportation. Vacuum packaging technology, comprising vacuum sealers, machines, and equipment, employs PE materials to create airtight seals, preserving the product's freshness and integrity.

        The vacuum packaging industry's growth is driven by increasing consumer demand for extended product shelf life, improved food safety, and reduced waste. Innovations in vacuum packaging systems and designs continue to expand the application scope, including pharmaceuticals, electronics, and industrial sectors.

        Vacuum Packaging Market Size

        Get a glance at the  Vacuum Packaging Industry report of share of various segments Request Free Sample

        The Polyethylene segment was valued at USD 12.19 billion in 2018 and showed a gradual increase during the forecast period.

        Regional Analysis

        • APAC is estimated to contribute 43% to the growth of the global market during the forecast period.

        Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

        Vacuum Packaging Market Share by Geography

        For more insights on the market share of various regions, Request Free Sample

        The Asia Pacific (APAC) region is a major contributor to The market, driven by factors such as increasing urbanization, economic growth, and changing consumer preferences. Consumers in APAC are increasingly seeking convenience and ready-to-eat food solutions, leading to a surge in demand for vacuum packaging. This trend is fueled by advancements in packaging technology, which enable longer shelf life, improved food safety, and enhanced product preservation. Vacuum packaging equipment, including vacuum sealers, packaging machines, and materials, are essential components of this process. Benefits such as reduced food waste, improved product appearance, and extended shelf life further boost market growth.

        Vacuum packaging applications span various industries, including food and beverage, healthcare, and industrial manufacturing. As the market continues to evolve, innovations in vacuum packaging systems and designs are expected to drive growth and meet the demands of diverse applications.

        Market Dynamics

        Our  researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

        What are the key market drivers leading to the rise In the adoption of Vacuum Packaging Industry?

        Increasing awareness about food safety and hygiene is the key driver of the market.

      • The market is witnessing significant growth due to the increasing demand for food preservation and extended shelf life. Vacuum packaging technology, which includes vacuum sealers, vacuum bags, vacuum packaging machines, and vacuum packaging equipment, is a crucial aspect of the food industry. This process involves removing air from packaging, creating a vacuum, and sealing the bag, thereby preserving the food's freshness and preventing contamination. Vacuum packaging materials, such as polyethylene, polypropylene, and PVC, are essential components of the vacuum packaging process. The benefits of vacuum packaging are numerous, including increased shelf life, reduced food waste, improved product appearance, and enhanced food safety.
      • Vacuum packaging applications span various industries, including food, pharmaceuticals, and industrial goods. Vacuum packaging innovations continue to evolve, with advancements in vacuum packaging systems, designs, and techniques. These include the use of modified atmospheres, active packaging, and intelligent packaging. Vacuum packaging trends include the increasing use of sustainable materials and the integration of automation and IoT technologies. The vacuum packaging industry is expected to continue its growth trajectory, driven by increasing consumer demand for convenient, safe, and high-quality food products. Vacuum packaging solutions are essential for maintaining food safety and hygiene throughout the supply chain, making it a critical investment for food manufacturers and retailers.
      • In conclusion, vacuum packaging is a vital technology for food preservation and extended shelf life. With the increasing focus on food safety and hygiene, the market is poised for continued growth and innovation. Proper handling and storage of vacuum-packed products are essential to ensure food safety and maintaIn the integrity of the packaging.

        • What are the market trends shaping the Vacuum Packaging Industry?

        Growing demand for sustainable packaging solutions is the upcoming market trend.

      • The market is experiencing significant growth due to the increasing demand for effective food preservation solutions that prioritize sustainability. Vacuum packaging technology, which includes vacuum sealers, vacuum bags, and vacuum packaging machines, offers numerous benefits such as extended shelf life, improved product safety, and reduced waste. Vacuum packaging equipment and materials have evolved to include eco-friendly alternatives, like biodegradable or compostable vacuum bags, which address consumer concerns about the environmental impact of traditional vacuum packaging. These innovations have contributed to the expanding vacuum packaging industry, as businesses and consumers seek out more sustainable packaging solutions. The vacuum packaging process involves removing air from the packaging to create a vacuum, which prevents oxidation and contamination, thereby preserving the freshness and quality of the contents.
      • The advantages of vacuum packaging extend beyond food applications, as it is also used for pharmaceuticals, industrial products, and other perishable goods. Overall, the market is expected to continue its growth trajectory, driven by the increasing demand for efficient, sustainable, and effective packaging solutions.

        • What challenges does the Vacuum Packaging Industry face during its growth?

        Stringent regulation on plastics is a key challenge affecting the industry growth.

      • Vacuum packaging, a crucial aspect of food preservation, relies on advanced packaging technology, including vacuum sealers, vacuum bags, and vacuum packaging machines. This process involves removing air from the packaging to extend the shelf life of perishable items and maintaIn their freshness. Vacuum packaging equipment and materials have gained significant attention due to their numerous benefits, such as improved product safety, reduced waste, and increased convenience. Vacuum packaging innovations continue to emerge, with trends leaning towards more sustainable and eco-friendly solutions. Strict regulations on plastics In the vacuum packaging industry have led to the development of biodegradable and compostable vacuum packaging materials.
      • These alternatives not only address environmental concerns but also cater to the increasing demand for sustainable packaging solutions. The market growth is driven by various factors, including the need for extended shelf life, increased consumer awareness of food safety, and the convenience offered by vacuum packaging systems. Vacuum packaging applications span various industries, including food and beverage, healthcare, and industrial sectors. Major vacuum packaging manufacturers and suppliers are investing in research and development to introduce new vacuum packaging designs, types, and techniques to cater to diverse market needs. As the vacuum packaging industry continues to evolve, it is essential to stay informed about the latest trends, benefits, and advantages to make informed decisions and optimize packaging solutions.

        • Exclusive Customer Landscape

        The vacuum packaging market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the vacuum packaging market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

        Vacuum Packaging Market Share by Geography

         Customer Landscape

        Key Companies & Market Insights

        Companies are implementing various strategies, such as strategic alliances, vacuum packaging market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

        Amcor Plc - Vacuum packaging is a growing market for eco-friendly solutions, with Ecoguard being a notable provider of bags and pouches in this sector. This technology, which removes air from packaging to extend product shelf life and preserve freshness, is gaining traction across various industries. Ecoguard's offerings under the Ecoguard brand are designed to meet the demands of businesses seeking sustainable and efficient packaging solutions. These vacuum-sealed bags and pouches maintain product integrity, reduce waste, and ensure food safety. By utilizing advanced technology and eco-friendly materials, Ecoguard caters to the increasing consumer preference for sustainable packaging options.

        The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

        • 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
        • Winpak Ltd.

        Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

        Research Analyst Overview

        Vacuum packaging is a modern preservation method that utilizes modified atmospheric conditions to extend the shelf life and maintaIn the quality of various perishable and semi-perishable food products. This innovative packaging technology has gained significant traction In the global market due to its numerous advantages. The vacuum packaging process involves removing air from the packaging chamber and sealing the bag or container, creating an airtight seal. This process inhibits the growth of microorganisms and prevents oxidation, thereby preserving the freshness and texture of the food. Vacuum packaging is not limited to food products alone; it is also used extensively in various industries such as pharmaceuticals, cosmetics, and electronics, among others.

        Vacuum packaging technology has undergone significant advancements in recent years, leading to the development of sophisticated vacuum packaging machines and equipment. These machines offer increased efficiency, improved sealing technology, and enhanced design features, making vacuum packaging a more viable and cost-effective solution for businesses. The vacuum packaging industry has witnessed substantial growth in recent times, driven by the increasing demand for extended shelf life, improved food safety, and the need for sustainable packaging solutions. The market is expected to grow at a steady pace In the coming years, with key factors such as increasing consumer awareness, technological advancements, and changing consumer preferences fueling this growth.

        Vacuum packaging offers several advantages over traditional packaging methods. It helps reduce food waste by extending the shelf life of perishable items, thereby reducing the need for frequent replenishment. It also helps maintaIn the quality and freshness of food products, ensuring that they retaIn their original taste and texture. Furthermore, vacuum packaging offers improved food safety by inhibiting the growth of microorganisms and preventing contamination. The vacuum packaging process is versatile and can be applied to various food products, including meats, poultry, fish, fruits, vegetables, and baked goods, among others. It is also used extensively In the pharmaceutical industry for packaging drugs and medical devices, and In the cosmetics industry for packaging various beauty products.

        The vacuum packaging industry is continuously innovating to meet the evolving needs of businesses and consumers. New developments in vacuum packaging technology include the use of advanced materials, such as biodegradable and recyclable vacuum packaging bags, and the integration of smart packaging solutions, such as temperature indicators and oxygen scavengers, to enhance the functionality and effectiveness of vacuum packaging. In conclusion, vacuum packaging is a dynamic and innovative packaging technology that offers numerous advantages for businesses and consumers alike. Its ability to extend the shelf life, maintain quality, and ensure food safety makes it a popular choice for various industries, including food, pharmaceuticals, and cosmetics.

        The vacuum packaging industry is expected to continue growing In the coming years, driven by technological advancements, changing consumer preferences, and the need for sustainable packaging solutions.

        Market Scope

        Report Coverage

        Details

        Page number

        181

        Base year

        2023

        Historic period

        		 2018-2022

        Forecast period

        2024-2028

        Growth momentum & CAGR

        Accelerate at a CAGR of 4.6%

        Market growth 2024-2028

        USD 7.93 billion

        Market structure

        Fragmented

        YoY growth 2023-2024(%)

        4.18

        Key countries

        China, US, Germany, Japan, and India

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        What are the Key Data Covered in this Vacuum Packaging Market Research and Growth Report?

        • CAGR of the Vacuum Packaging industry during the forecast period
        • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
        • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
        • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
        • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
        • Thorough analysis of the market’s competitive landscape and detailed information about companies
        • Comprehensive analysis of factors that will challenge the vacuum packaging market growth of industry companies

        We can help! Our analysts can customize this vacuum packaging market research report to meet your requirements.

        Get in touch

         

        1 Executive Summary

        • 1.1 Market overview
          • Executive Summary - Chart on Market Overview
          • Executive Summary - Data Table on Market Overview
          • Executive Summary - Chart on Global Market Characteristics
          • Executive Summary - Chart on Market by Geography
          • Executive Summary - Chart on Market Segmentation by Material
          • Executive Summary - Chart on Market Segmentation by End-user
          • Executive Summary - Chart on Incremental Growth
          • Executive Summary - Data Table on Incremental Growth
          • Executive Summary - Chart on Company Market Positioning

        2 Market Landscape

        • 2.1 Market ecosystem
          • Parent Market
          • Data Table on - Parent Market
        • 2.2 Market characteristics
          • Market characteristics analysis
        • 2.3 Value chain analysis
          • Value Chain Analysis

        3 Market Sizing

        • 3.1 Market definition
          • Offerings of companies included in the market definition
        • 3.2 Market segment analysis
          • Market segments
        • 3.3 Market size 2023
          • 3.4 Market outlook: Forecast for 2023-2028
            • Chart on Global - Market size and forecast 2023-2028 ($ million)
            • Data Table on Global - Market size and forecast 2023-2028 ($ million)
            • Chart on Global Market: Year-over-year growth 2023-2028 (%)
            • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

          4 Historic Market Size

          • 4.1 Global Vacuum Packaging Market 2018 - 2022
            • Historic Market Size - Data Table on Global Vacuum Packaging Market 2018 - 2022 ($ million)
          • 4.2 Material segment analysis 2018 - 2022
            • Historic Market Size - Material Segment 2018 - 2022 ($ million)
          • 4.3 End-user segment analysis 2018 - 2022
            • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
          • 4.4 Geography segment analysis 2018 - 2022
            • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
          • 4.5 Country segment analysis 2018 - 2022
            • Historic Market Size - Country Segment 2018 - 2022 ($ million)

          5 Five Forces Analysis

          • 5.1 Five forces summary
            • Five forces analysis - Comparison between 2023 and 2028
          • 5.2 Bargaining power of buyers
            • Bargaining power of buyers - Impact of key factors 2023 and 2028
          • 5.3 Bargaining power of suppliers
            • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
          • 5.4 Threat of new entrants
            • Threat of new entrants - Impact of key factors in 2023 and 2028
          • 5.5 Threat of substitutes
            • Threat of substitutes - Impact of key factors in 2023 and 2028
          • 5.6 Threat of rivalry
            • Threat of rivalry - Impact of key factors in 2023 and 2028
          • 5.7 Market condition
            • Chart on Market condition - Five forces 2023 and 2028

          6 Market Segmentation by Material

          • 6.1 Market segments
            • Chart on Material - Market share 2023-2028 (%)
            • Data Table on Material - Market share 2023-2028 (%)
          • 6.2 Comparison by Material
            • Chart on Comparison by Material
            • Data Table on Comparison by Material
          • 6.3 Polyethylene - Market size and forecast 2023-2028
            • Chart on Polyethylene - Market size and forecast 2023-2028 ($ million)
            • Data Table on Polyethylene - Market size and forecast 2023-2028 ($ million)
            • Chart on Polyethylene - Year-over-year growth 2023-2028 (%)
            • Data Table on Polyethylene - Year-over-year growth 2023-2028 (%)
          • 6.4 Polyamide - Market size and forecast 2023-2028
            • Chart on Polyamide - Market size and forecast 2023-2028 ($ million)
            • Data Table on Polyamide - Market size and forecast 2023-2028 ($ million)
            • Chart on Polyamide - Year-over-year growth 2023-2028 (%)
            • Data Table on Polyamide - Year-over-year growth 2023-2028 (%)
          • 6.5 EVOH - Market size and forecast 2023-2028
            • Chart on EVOH - Market size and forecast 2023-2028 ($ million)
            • Data Table on EVOH - Market size and forecast 2023-2028 ($ million)
            • Chart on EVOH - Year-over-year growth 2023-2028 (%)
            • Data Table on EVOH - Year-over-year growth 2023-2028 (%)
          • 6.6 Others - Market size and forecast 2023-2028
            • Chart on Others - Market size and forecast 2023-2028 ($ million)
            • Data Table on Others - Market size and forecast 2023-2028 ($ million)
            • Chart on Others - Year-over-year growth 2023-2028 (%)
            • Data Table on Others - Year-over-year growth 2023-2028 (%)
          • 6.7 Market opportunity by Material
            • Market opportunity by Material ($ million)
            • Data Table on Market opportunity by Material ($ million)

          7 Market Segmentation by End-user

          • 7.1 Market segments
            • Chart on End-user - Market share 2023-2028 (%)
            • Data Table on End-user - Market share 2023-2028 (%)
          • 7.2 Comparison by End-user
            • Chart on Comparison by End-user
            • Data Table on Comparison by End-user
          • 7.3 Food - Market size and forecast 2023-2028
            • Chart on Food - Market size and forecast 2023-2028 ($ million)
            • Data Table on Food - Market size and forecast 2023-2028 ($ million)
            • Chart on Food - Year-over-year growth 2023-2028 (%)
            • Data Table on Food - Year-over-year growth 2023-2028 (%)
          • 7.4 Healthcare and pharmaceutical - Market size and forecast 2023-2028
            • Chart on Healthcare and pharmaceutical - Market size and forecast 2023-2028 ($ million)
            • Data Table on Healthcare and pharmaceutical - Market size and forecast 2023-2028 ($ million)
            • Chart on Healthcare and pharmaceutical - Year-over-year growth 2023-2028 (%)
            • Data Table on Healthcare and pharmaceutical - Year-over-year growth 2023-2028 (%)
          • 7.5 Industrial - Market size and forecast 2023-2028
            • Chart on Industrial - Market size and forecast 2023-2028 ($ million)
            • Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
            • Chart on Industrial - Year-over-year growth 2023-2028 (%)
            • Data Table on Industrial - Year-over-year growth 2023-2028 (%)
          • 7.6 Others - Market size and forecast 2023-2028
            • Chart on Others - Market size and forecast 2023-2028 ($ million)
            • Data Table on Others - Market size and forecast 2023-2028 ($ million)
            • Chart on Others - Year-over-year growth 2023-2028 (%)
            • Data Table on Others - Year-over-year growth 2023-2028 (%)
          • 7.7 Market opportunity by End-user
            • Market opportunity by End-user ($ million)
            • Data Table on Market opportunity by End-user ($ million)

          8 Customer Landscape

          • 8.1 Customer landscape overview
            • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

          9 Geographic Landscape

          • 9.1 Geographic segmentation
            • Chart on Market share by geography 2023-2028 (%)
            • Data Table on Market share by geography 2023-2028 (%)
          • 9.2 Geographic comparison
            • Chart on Geographic comparison
            • Data Table on Geographic comparison
          • 9.3 APAC - Market size and forecast 2023-2028
            • Chart on APAC - Market size and forecast 2023-2028 ($ million)
            • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
            • Chart on APAC - Year-over-year growth 2023-2028 (%)
            • Data Table on APAC - Year-over-year growth 2023-2028 (%)
          • 9.4 Europe - Market size and forecast 2023-2028
            • Chart on Europe - Market size and forecast 2023-2028 ($ million)
            • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
            • Chart on Europe - Year-over-year growth 2023-2028 (%)
            • Data Table on Europe - Year-over-year growth 2023-2028 (%)
          • 9.5 North America - Market size and forecast 2023-2028
            • Chart on North America - Market size and forecast 2023-2028 ($ million)
            • Data Table on North America - Market size and forecast 2023-2028 ($ million)
            • Chart on North America - Year-over-year growth 2023-2028 (%)
            • Data Table on North America - Year-over-year growth 2023-2028 (%)
          • 9.6 Middle East and Africa - Market size and forecast 2023-2028
            • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
            • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
          • 9.7 South America - Market size and forecast 2023-2028
            • Chart on South America - Market size and forecast 2023-2028 ($ million)
            • Data Table on South America - Market size and forecast 2023-2028 ($ million)
            • Chart on South America - Year-over-year growth 2023-2028 (%)
            • Data Table on South America - Year-over-year growth 2023-2028 (%)
          • 9.8 China - Market size and forecast 2023-2028
            • Chart on China - Market size and forecast 2023-2028 ($ million)
            • Data Table on China - Market size and forecast 2023-2028 ($ million)
            • Chart on China - Year-over-year growth 2023-2028 (%)
            • Data Table on China - Year-over-year growth 2023-2028 (%)
          • 9.9 US - Market size and forecast 2023-2028
            • Chart on US - Market size and forecast 2023-2028 ($ million)
            • Data Table on US - Market size and forecast 2023-2028 ($ million)
            • Chart on US - Year-over-year growth 2023-2028 (%)
            • Data Table on US - Year-over-year growth 2023-2028 (%)
          • 9.10 Japan - Market size and forecast 2023-2028
            • Chart on Japan - Market size and forecast 2023-2028 ($ million)
            • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
            • Chart on Japan - Year-over-year growth 2023-2028 (%)
            • Data Table on Japan - Year-over-year growth 2023-2028 (%)
          • 9.11 Germany - Market size and forecast 2023-2028
            • Chart on Germany - Market size and forecast 2023-2028 ($ million)
            • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
            • Chart on Germany - Year-over-year growth 2023-2028 (%)
            • Data Table on Germany - Year-over-year growth 2023-2028 (%)
          • 9.12 India - Market size and forecast 2023-2028
            • Chart on India - Market size and forecast 2023-2028 ($ million)
            • Data Table on India - Market size and forecast 2023-2028 ($ million)
            • Chart on India - Year-over-year growth 2023-2028 (%)
            • Data Table on India - Year-over-year growth 2023-2028 (%)
          • 9.13 Market opportunity by geography
            • Market opportunity by geography ($ million)
            • Data Tables on Market opportunity by geography ($ million)

          10 Drivers, Challenges, and Opportunity/Restraints

          • 10.1 Market drivers
            • 10.2 Market challenges
              • 10.3 Impact of drivers and challenges
                • Impact of drivers and challenges in 2023 and 2028
              • 10.4 Market opportunities/restraints

                11 Competitive Landscape

                • 11.1 Overview
                  • 11.2 Competitive Landscape
                    • Overview on criticality of inputs and factors of differentiation
                  • 11.3 Landscape disruption
                    • Overview on factors of disruption
                  • 11.4 Industry risks
                    • Impact of key risks on business

                  12 Competitive Analysis

                  • 12.1 Companies profiled
                    • Companies covered
                  • 12.2 Market positioning of companies
                    • Matrix on companies position and classification
                  • 12.3 Amcor Plc
                    • Amcor Plc - Overview
                    • Amcor Plc - Business segments
                    • Amcor Plc - Key news
                    • Amcor Plc - Key offerings
                    • Amcor Plc - Segment focus
                  • 12.4 Dow Chemical Co.
                    • Dow Chemical Co. - Overview
                    • Dow Chemical Co. - Business segments
                    • Dow Chemical Co. - Key news
                    • Dow Chemical Co. - Key offerings
                    • Dow Chemical Co. - Segment focus
                  • 12.5 Filtration Group Corp.
                    • Filtration Group Corp. - Overview
                    • Filtration Group Corp. - Product / Service
                    • Filtration Group Corp. - Key news
                    • Filtration Group Corp. - Key offerings
                  • 12.6 GRUPO ULMA S. COOP
                    • GRUPO ULMA S. COOP - Overview
                    • GRUPO ULMA S. COOP - Product / Service
                    • GRUPO ULMA S. COOP - Key offerings
                  • 12.7 ILAPAK International S.A.
                    • ILAPAK International S.A. - Overview
                    • ILAPAK International S.A. - Product / Service
                    • ILAPAK International S.A. - Key offerings
                  • 12.8 KP Holding GmbH and Co. KG
                    • KP Holding GmbH and Co. KG - Overview
                    • KP Holding GmbH and Co. KG - Product / Service
                    • KP Holding GmbH and Co. KG - Key offerings
                  • 12.9 Minipack International Pty Ltd.
                    • Minipack International Pty Ltd. - Overview
                    • Minipack International Pty Ltd. - Product / Service
                    • Minipack International Pty Ltd. - Key offerings
                  • 12.10 Mondi Plc
                    • Mondi Plc - Overview
                    • Mondi Plc - Business segments
                    • Mondi Plc - Key news
                    • Mondi Plc - Key offerings
                    • Mondi Plc - Segment focus
                  • 12.11 MULTIVAC Sepp Haggenmuller SE and Co. KG
                    • MULTIVAC Sepp Haggenmuller SE and Co. KG - Overview
                    • MULTIVAC Sepp Haggenmuller SE and Co. KG - Product / Service
                    • MULTIVAC Sepp Haggenmuller SE and Co. KG - Key offerings
                  • 12.12 Plastopil Hazorea Co. Ltd.
                    • Plastopil Hazorea Co. Ltd. - Overview
                    • Plastopil Hazorea Co. Ltd. - Product / Service
                    • Plastopil Hazorea Co. Ltd. - Key offerings
                  • 12.13 Sealed Air Corp.
                    • Sealed Air Corp. - Overview
                    • Sealed Air Corp. - Business segments
                    • Sealed Air Corp. - Key news
                    • Sealed Air Corp. - Key offerings
                    • Sealed Air Corp. - Segment focus
                  • 12.14 Smurfit Kappa Group
                    • Smurfit Kappa Group - Overview
                    • Smurfit Kappa Group - Business segments
                    • Smurfit Kappa Group - Key news
                    • Smurfit Kappa Group - Key offerings
                    • Smurfit Kappa Group - Segment focus
                  • 12.15 The Vacuum Pouch Co. Ltd.
                    • The Vacuum Pouch Co. Ltd. - Overview
                    • The Vacuum Pouch Co. Ltd. - Product / Service
                    • The Vacuum Pouch Co. Ltd. - Key offerings
                  • 12.16 WEBOMATIC Maschinenfabrik GmbH
                    • WEBOMATIC Maschinenfabrik GmbH - Overview
                    • WEBOMATIC Maschinenfabrik GmbH - Product / Service
                    • WEBOMATIC Maschinenfabrik GmbH - Key offerings
                  • 12.17 Winpak Ltd.
                    • Winpak Ltd. - Overview
                    • Winpak Ltd. - Business segments
                    • Winpak Ltd. - Key offerings
                    • Winpak Ltd. - Segment focus

                  13 Appendix

                  • 13.1 Scope of the report
                    • 13.2 Inclusions and exclusions checklist
                      • Inclusions checklist
                      • Exclusions checklist
                    • 13.3 Currency conversion rates for US$
                      • Currency conversion rates for US$
                    • 13.4 Research methodology
                      • Research methodology
                    • 13.5 Data procurement
                      • Information sources
                    • 13.6 Data validation
                      • Data validation
                    • 13.7 Validation techniques employed for market sizing
                      • Validation techniques employed for market sizing
                    • 13.8 Data synthesis
                      • Data synthesis
                    • 13.9 360 degree market analysis
                      • 360 degree market analysis
                    • 13.10 List of abbreviations
                      • List of abbreviations

                    Research Methodology

                    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                    INFORMATION SOURCES

                    Primary sources

                    • Manufacturers and suppliers
                    • Channel partners
                    • Industry experts
                    • Strategic decision makers

                    Secondary sources

                    • Industry journals and periodicals
                    • Government data
                    • Financial reports of key industry players
                    • Historical data
                    • Press releases

                    DATA ANALYSIS

                    Data Synthesis

                    • Collation of data
                    • Estimation of key figures
                    • Analysis of derived insights

                    Data Validation

                    • Triangulation with data models
                    • Reference against proprietary databases
                    • Corroboration with industry experts

                    REPORT WRITING

                    Qualitative

                    • Market drivers
                    • Market challenges
                    • Market trends
                    • Five forces analysis

                    Quantitative

                    • Market size and forecast
                    • Market segmentation
                    • Geographical insights
                    • Competitive landscape

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                    Frequently Asked Questions

                    Vacuum Packaging market growth will increase by $ 7.93 bn during 2024-2028.

                    The Vacuum Packaging market is expected to grow at a CAGR of 4.6% during 2024-2028.

                    Vacuum Packaging market is segmented by Material( Polyethylene, Polyamide, EVOH, Others) End-user( Food, Healthcare and pharmaceutical, Industrial, Others)

                    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, Winpak Ltd. are a few of the key vendors in the Vacuum Packaging market.

                    APAC will register the highest growth rate of 43% among the other regions. Therefore, the Vacuum Packaging market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                    China, US, Germany, Japan, India

                    • Increasing awareness about food safety and hygieneIncreasing awareness about food safety and hygiene is crucial in the global vacuum packaging market. With the growing concern over foodborne illnesses and contamination is the driving factor this market.
                    • it is essential for manufacturers and consumers alike to understand the importance of maintaining food safety standards throughout the supply chain. By actively promoting and practicing proper hygiene and safety measures is the driving factor this market.
                    • we can reduce the risks associated with vacuum packaging and ensure the integrity of our food. One key aspect of food safety in vacuum packaging is the proper handling and storage of products. This includes ensuring that all equipment and surfaces are clean and sanitized before use. For example is the driving factor this market.
                    • vacuum packaging machines should be regularly cleaned to prevent bacterial growth and cross-contamination. Likewise is the driving factor this market.
                    • storage areas should be well-maintained is the driving factor this market.
                    • with proper temperature controls to prevent the growth of harmful bacteria.Another important consideration in food safety is the use of quality packaging materials. Properly sealed and robust vacuum packaging ensures the longevity of the product and reduces the risk of contamination. This can be achieved with the use of high-quality barrier films and materials that are specifically designed for vacuum packaging. For instance is the driving factor this market.
                    • packaging films with oxygen and moisture barrier properties help extend the shelf life of perishable goods. Furthermore is the driving factor this market.
                    • implementing traceability systems can greatly enhance food safety within the global vacuum packaging market. By accurately tracking and recording the movement of products throughout the supply chain is the driving factor this market.
                    • it becomes easier to identify and address potential food safety risks. For example is the driving factor this market.
                    • if there is a recall on a certain batch of vacuum-packaged products due to contamination is the driving factor this market.
                    • a traceability system allows for effective and prompt recall of the affected products is the driving factor this market.
                    • thereby minimizing the impact on consumers.Consumer education is also vital in increasing awareness about food safety and hygiene in vacuum packaging. Providing clear and concise instructions on the proper handling and storage of vacuum-packaged products can help consumers avoid potential risks. For instance is the driving factor this market.
                    • advising them to refrigerate perishable vacuum-sealed goods promptly after purchase can prevent bacterial growth. Additionally is the driving factor this market.
                    • educating consumers about the signs of spoilage and proper disposal of vacuum-packaged products can further minimize the risks associated with consuming contaminated food. Thus is the driving factor this market.
                    • the above-mentioned factors are expected to increase the demand for vacuum packaging among consumers is the driving factor this market.
                    • which will propel the growth of the global vacuum packaging market during the forecast period. is the driving factor this market.

                    The Vacuum Packaging market vendors should focus on grabbing business opportunities from the Polyethylene segment as it accounted for the largest market share in the base year.