Europe - Vacuum Packaging Market by End-user, Material and Geography - Forecast and Analysis 2023-2027
| Published: Jul 2023 | Pages: 156 | SKU: IRTNTR44408 |
Europe Vacuum Packaging Market Analysis Report 2023-2027:
The Europe vacuum packaging market size is estimated to grow at a CAGR of 4.19% between 2022 and 2027. The market size is forecast to increase by USD 2,161.29 million. The growth of the market depends on several factors such as the rising focus on improving the shelf life of products, the high adoption of sustainable packaging, and the increasing popularity of frozen food and ready meals.
This Europe vacuum packaging market report extensively covers market segmentation by end-user (food and non-food), and material (polyethylene, polyamide, EVOH, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the size of the Vacuum Packaging Market During the Forecast Period?
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Europe Vacuum Packaging Market: Key Drivers, Trends and Challenges
Our researchers analyzed the data with 2022 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.
Key Europe Vacuum Packaging Market Driver
The rising focus on improving the shelf life of products is driving growth in the Europe vacuum packaging market. The long shelf life of products helps manufacturers keep the products for sale for a longer time and, in turn, reduces their wastage. Products are ensured to reach their destinations before they cease to exist by the long period of shelf life. Europe Vacuum packaging is effective in improving the shelf life of products.
Moreover, the need to extend the shelf life of food items and reduce waste has led to the emergence of resealable flexible plastic packaging. Packaging which allows consumers to open or close it after use is called as a resealable package. Reseal technology allows consumers to snack from the same bag or pouch and then secure the package for later use. Thus, the rising focus on improving the shelf life of products will drive the growth of the Europe vacuum packaging market during the forecast period.
Key Europe Vacuum Packaging Market Trends
The growing popularity of lightweight vacuum packaging is a primary trend in the Europe vacuum packaging market. The research and development of new lightweight vacuum packaging is growing in this market to reduce waste and enhance usability. Lightweight vacuum packaging is cost-effective and recyclable. It also increases the cost of production and bottling. Therefore, goods manufacturers are gradually adopting lightweight vacuum packaging.
Moreover, the growing popularity and demand for lightweight vacuum packaging materials in Europe have a positive impact on the overall demand for vacuum packaging. Several types of lightweight plastic resins are provided by various vacuum packaging suppliers in Europe which can be used for a wide range of applications. This film can be used in different applications such as dairy and ice cream, meat, fish and seafood, and ready meals. Such factors will drive the growth of the Europe vacuum packaging market during the forecast period.
Key Europe Vacuum Packaging Market Challenge
The contamination of food during packaging is a major challenge in the Europe vacuum packaging market. In the food processing process, packaging is an important element. But it can be a source of contamination as well. Packaging materials such as plastics and paper may contain various hazardous chemicals which come in contact with food. The transfer of chemicals occurs when the food-contact materials are exposed to high temperatures. Contamination may also occur when the recycling packaging is used.
During packaging, various products are susceptible to cross-contamination. Between the different components of the filling machines, particles may get stuck, trapped, or clogged. Therefore, it may result in contamination of packaging. The contaminants could seep through the fillers to the containers and contaminate the product inside. Such issues related to contamination in food packaging may affect the growth of the Europe vacuum packaging market during the forecast period.
Europe Vacuum Packaging Market Customer Landscape
The market research 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 report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Vacuum Packaging Market Customer Landscape
Who are the Major Europe Vacuum Packaging Market Companies?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amcor Plc - The company offers vacuum packaging for different types of products such as meat and cheese.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- ANL PACKAGING
- Bernhardt SAS
- Berry Global Inc.
- Coveris Management GmbH
- Filtration Group Corp.
- G.MONDINI Spa
- Green Packaging Material Jiangyin Co. Ltd.
- GRUPO ULMA S. COOP
- Henkelman BV
- JAW FENG MACHINERY CO. LTD.
- Kopack Enterprises
- Mondi plc
- ORICS Industries Inc.
- Plastopil Hazorea Co. Ltd.
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Largest-Growing Segment in the Europe Vacuum Packaging Market?
The food segment is estimated to witness significant growth during the forecast period. The food industry in Europe is one of the largest industries in Europe, which contributes majorly to the economic development of the region. The need for food packaging in this sector is very important due to the fact that foods must pass through several stages of their supply chains, e.g. manufacturers, distributors, retailers, and end customers.
Get a glance at the market contribution of various segments View the PDF Sample
The food segment was the largest segment and was valued at USD 4,654.79 million in 2017. Food products need to be packaged in durable packages so that they reach the customer with the expected quality and taste. In order to meet the increasing demands for food packaging in Europe, producers have been forced to come up with packaging designs and materials that have a major influence on customer preference and protect against the contamination of food.
Segment Overview
The Europe vacuum packaging market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- End-user Outlook (USD Million, 2017 - 2027)
- Food
- Non-food
- Material Outlook (USD Million, 2017 - 2027)
- Polyethylene
- Polyamide
- EVOH
- Others
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Europe Vacuum Packaging Market Scope |
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Report Coverage |
Details |
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Page number |
156 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.19% |
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Market growth 2023-2027 |
USD 2,161.29 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
3.68 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Amcor Plc, ANL PACKAGING, Bernhardt SAS, Berry Global Inc., Coveris Management GmbH, Filtration Group Corp., G.MONDINI Spa, Green Packaging Material Jiangyin Co. Ltd., GRUPO ULMA S. COOP, Henkelman BV, JAW FENG MACHINERY CO. LTD., Kopack Enterprises, Mondi plc, ORICS Industries Inc., Plastopil Hazorea Co. Ltd., Sealed Air Corp., SIA SCANDIVAC, Swiss Pack, The Middleby Corp., and Wihuri International Oy |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Europe Vacuum Packaging Market In Regional Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market industry across Europe
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of market vendors
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
4 Historic Market Size
- 4.1 Vacuum packaging market in Europe 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on vacuum packaging market in Europe 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Material Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Material Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 29: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 30: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 31: Chart on Comparison by End-user
- Exhibit 32: Data Table on Comparison by End-user
- 6.3 Food - Market size and forecast 2022-2027
- Exhibit 33: Chart on Food - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Food - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Food - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Food - Year-over-year growth 2022-2027 (%)
- 6.4 Non-food - Market size and forecast 2022-2027
- Exhibit 37: Chart on Non-food - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Non-food - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Non-food - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Non-food - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by End-user
- Exhibit 41: Market opportunity by End-user ($ million)
- Exhibit 42: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Material
- 7.1 Market segments
- Exhibit 43: Chart on Material - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Material - Market share 2022-2027 (%)
- 7.2 Comparison by Material
- Exhibit 45: Chart on Comparison by Material
- Exhibit 46: Data Table on Comparison by Material
- 7.3 Polyethylene - Market size and forecast 2022-2027
- Exhibit 47: Chart on Polyethylene - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Polyethylene - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Polyethylene - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Polyethylene - Year-over-year growth 2022-2027 (%)
- 7.4 Polyamide - Market size and forecast 2022-2027
- Exhibit 51: Chart on Polyamide - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Polyamide - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Polyamide - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Polyamide - Year-over-year growth 2022-2027 (%)
- 7.5 EVOH - Market size and forecast 2022-2027
- Exhibit 55: Chart on EVOH - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on EVOH - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on EVOH - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on EVOH - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Material
- Exhibit 63: Market opportunity by Material ($ million)
- Exhibit 64: Data Table on Market opportunity by Material ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 66: Chart on Market share by geography - 2022-2027 (%)
- Exhibit 67: Data Table on Market share by geography - 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 68: Chart on Geographic comparison
- Exhibit 69: Data Table on Geographic comparison
- 9.3 Germany - Market size and forecast 2022-2027
- Exhibit 70: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.4 UK - Market size and forecast 2022-2027
- Exhibit 74: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.5 France - Market size and forecast 2022-2027
- Exhibit 78: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.6 Italy - Market size and forecast 2022-2027
- Exhibit 82: Chart on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 85: Data Table on Italy - Year-over-year growth 2022-2027 (%)
- 9.7 Rest of EU - Market size and forecast 2022-2027
- Exhibit 86: Chart on Rest of EU - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Data Table on Rest of EU - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Chart on Rest of EU - Year-over-year growth 2022-2027 (%)
- Exhibit 89: Data Table on Rest of EU - Year-over-year growth 2022-2027 (%)
- 9.8 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
- Exhibit 91: Data Table on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 92: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 93: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 94: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 95: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 96: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 97: Matrix on vendor position and classification
- 12.3 Amcor Plc
- Exhibit 98: Amcor Plc - Overview
- Exhibit 99: Amcor Plc - Business segments
- Exhibit 100: Amcor Plc - Key news
- Exhibit 101: Amcor Plc - Key offerings
- Exhibit 102: Amcor Plc - Segment focus
- 12.4 Bernhardt SAS
- Exhibit 103: Bernhardt SAS - Overview
- Exhibit 104: Bernhardt SAS - Product / Service
- Exhibit 105: Bernhardt SAS - Key offerings
- 12.5 Berry Global Inc.
- Exhibit 106: Berry Global Inc. - Overview
- Exhibit 107: Berry Global Inc. - Business segments
- Exhibit 108: Berry Global Inc. - Key news
- Exhibit 109: Berry Global Inc. - Key offerings
- Exhibit 110: Berry Global Inc. - Segment focus
- 12.6 Coveris Management GmbH
- Exhibit 111: Coveris Management GmbH - Overview
- Exhibit 112: Coveris Management GmbH - Product / Service
- Exhibit 113: Coveris Management GmbH - Key offerings
- 12.7 Filtration Group Corp.
- Exhibit 114: Filtration Group Corp. - Overview
- Exhibit 115: Filtration Group Corp. - Product / Service
- Exhibit 116: Filtration Group Corp. - Key offerings
- 12.8 G.MONDINI Spa
- Exhibit 117: G.MONDINI Spa - Overview
- Exhibit 118: G.MONDINI Spa - Product / Service
- Exhibit 119: G.MONDINI Spa - Key offerings
- 12.9 Green Packaging Material Jiangyin Co. Ltd.
- Exhibit 120: Green Packaging Material Jiangyin Co. Ltd. - Overview
- Exhibit 121: Green Packaging Material Jiangyin Co. Ltd. - Product / Service
- Exhibit 122: Green Packaging Material Jiangyin Co. Ltd. - Key offerings
- 12.10 GRUPO ULMA S. COOP
- Exhibit 123: GRUPO ULMA S. COOP - Overview
- Exhibit 124: GRUPO ULMA S. COOP - Product / Service
- Exhibit 125: GRUPO ULMA S. COOP - Key offerings
- 12.11 Henkelman BV
- Exhibit 126: Henkelman BV - Overview
- Exhibit 127: Henkelman BV - Product / Service
- Exhibit 128: Henkelman BV - Key offerings
- 12.12 Kopack Enterprises
- Exhibit 129: Kopack Enterprises - Overview
- Exhibit 130: Kopack Enterprises - Product / Service
- Exhibit 131: Kopack Enterprises - Key offerings
- 12.13 Mondi plc
- Exhibit 132: Mondi plc - Overview
- Exhibit 133: Mondi plc - Business segments
- Exhibit 134: Mondi plc - Key news
- Exhibit 135: Mondi plc - Key offerings
- Exhibit 136: Mondi plc - Segment focus
- 12.14 ORICS Industries Inc.
- Exhibit 137: ORICS Industries Inc. - Overview
- Exhibit 138: ORICS Industries Inc. - Product / Service
- Exhibit 139: ORICS Industries Inc. - Key offerings
- 12.15 Sealed Air Corp.
- Exhibit 140: Sealed Air Corp. - Overview
- Exhibit 141: Sealed Air Corp. - Business segments
- Exhibit 142: Sealed Air Corp. - Key news
- Exhibit 143: Sealed Air Corp. - Key offerings
- Exhibit 144: Sealed Air Corp. - Segment focus
- 12.16 The Middleby Corp.
- Exhibit 145: The Middleby Corp. - Overview
- Exhibit 146: The Middleby Corp. - Business segments
- Exhibit 147: The Middleby Corp. - Key offerings
- Exhibit 148: The Middleby Corp. - Segment focus
- 12.17 Wihuri International Oy
- Exhibit 149: Wihuri International Oy - Overview
- Exhibit 150: Wihuri International Oy - Product / Service
- Exhibit 151: Wihuri International Oy - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 152: Inclusions checklist
- Exhibit 153: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 154: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 155: Research methodology
- Exhibit 156: Validation techniques employed for market sizing
- Exhibit 157: Information sources
- 13.5 List of abbreviations
- Exhibit 158: List of abbreviations
Research Framework
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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vacuum packaging market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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