Future Trends in Vacuum Packaging Market Size by Material, Packaging type, Application, Region – Revenue Pool Analysis, Margin Structure Assessment, Capital Flow Trends, Competitive Benchmarking & Forecast to 2030

4.15%
CAGR (2024-2030)
28.46 USD Bn.
Market Size
309
Report Pages
147
Market Tables

Overview

The Future Trends in Vacuum Packaging Market size was valued at USD 28.46 Billion in 2023 and the total Future Trends in Vacuum Packaging revenue is expected to grow at a CAGR of  4.15% from 2024 to 2030, reaching nearly USD 37.83 Billion.

Vacuum packaging machines are been readily used in packaging of food and non-food products. Vacuum Packaging Machine is a device that removes air from the product package thus increasing the product shelf-life and is readily used by retailers, shops, supermarkets, hypermarkets, etc. it is also used for pharmaceuticals packaging, cosmetics and personal care products packaging. The packaging procedure involves an inner packaging process, where the packaging material is in direct contact with the product. These materials are selected to serve specific purposes, such as protection from microbes, maintain ambient temperature of packaged products (largely food) and also for aesthetic appeal in certain cases.

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Future Trends in Vacuum Packaging Market Dynamics

The increase in the consumption of packaged foodstuffs owing growing demand for hygienic and quality products from the busy and better-informed consumers and the growth of modern retail trade is primarily driving the growth of the vacuum packaging market.

The vacuum packaging market is undergoing a huge technological advancement. Innovative and new developments such as light-weight packaging and recyclable packaging are influencing the market growth.

The emergence of eco-friendly materials for vacuum packaging and the growth of the supermarkets and retailers create favorable growth opportunities for the vacuum packaging market.

On the other hand, Growing awareness about the environmental harms of plastic hinders the growth of the vacuum packaging market.

Key Market Trends

The growing awareness concerning the use of inappropriate wrapping packaging materials that lead to chemical contamination and the increase in health consciousness among the customers, there is a growing need for hygiene packaging. This is expected to drive the need for vacuum packaging as it protects food products from atmospheric gas, in turn, extending the shelf life of such products.

The vacuum packaging has the potential to minimize food waste. For instance, by using plastic vacuum skin packaging for meat can increase the shelf life from two to three days, if wrapped in paper, to sixteen days and more, thus, reducing food waste by a staggering 75%.

Future Trends in Vacuum Packaging Market Segment Analysis:

On the basis of material,The Polyethylene (PE) segment is expected to dominate the share of xx% of global market. In forecast period, as this type of plastic is approved by the FDA and health-safety agencies throughout the world. It is a very strong and inert material that does not react with foods, is resistant to attack by micro-organisms, and will not degrade biologically.

Future Trends in Vacuum Packaging Market, by region

Asia Pacific is expected to account for the largest market share of xx% during the forecast period.

Asia Pacific is expected to account for the largest market share of xx% by 2030 with CAGR of xx% during the forecast period.In Asia-Pacific, factors such as the increasing population, rising demand for packaged food items, and rapid industrialization in developing economies are expected to propel the market in the region. Additionally, the rising per capita disposable income and changing preferences and lifestyle of consumers also have a positive influence on the growth of the market in the region. China, India, and Japan are the key countries that contribute significantly to the vacuum packaging market in the region. Moreover, many global companies operating in the food industry have set up their factories in developing economies such as China and India. Such factors raise the demand for vacuum packaging in the region.

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Global Future Trends in Vacuum Packaging Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 28.46 Bn.
Forecast Period 2024 to 2030 CAGR: 4.15% Market Size in 2030: USD 37.83 Bn.
Segments Covered: by Material Polyethylene (PE)
Polyvinylidene Chloride (PVDC)
Polypropylene (PP)
Polyester (PET)
Polyvinylchloride (PVC)
Polyamide (PA)
by Packaging type Rigid Packaging
Semi-rigid Packaging
Flexible Packaging
by Application Pharmaceuticals
Food and Beverage
Industrial Goods
Consumer Goods

Future Trends in Vacuum Packaging Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Future Trends in Vacuum Packaging Market, Key Players

1. Berry Plastics Corporation
2. Bemis
3. Sealed Air
4. Multisorb Technologies
5. Coveris Holdings
6. CVP Systems Inc.
7. Linpac Packaging Limited
8. Coveris Holding S.A.
9. Amcor Group

Frequently Asked Questions:

1] What segments are covered in the Global Future Trends in Vacuum Packaging Market report?
Ans. The segments covered in the Future Trends in Vacuum Packaging Market report are based on Material,Packaging type, Application.

2. What was the Global Future Trends in Vacuum Packaging Market size in 2023?
Ans: The Global Future Trends in Vacuum Packaging Market size was USD 1.39 Billion in 2023.

3] What is the forecast period for the Global Future Trends in Vacuum Packaging Market?
Ans. The forecast period for the Global Future Trends in Vacuum Packaging Market is 2024-2030

4] What is the market size of the Global Future Trends in Vacuum Packaging Market by 2030?
Ans. The market size of the Global Market by 2030 is expected to reach USD 37.83 Bn.

5] What is the study period of this Market?
Ans: The Global Market is studied from 2023 to 2030.

Table of Contents

Global Future Trends in Vacuum Packaging Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Future Trends in Vacuum Packaging Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Future Trends in Vacuum Packaging Market 3.4. Geographical Snapshot of the Future Trends in Vacuum Packaging Market, By Manufacturer share 4. Global Future Trends in Vacuum Packaging Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Future Trends in Vacuum Packaging Market 5. Supply Side and Demand Side Indicators 6. Global Future Trends in Vacuum Packaging Market Analysis and Forecast, 2023-2030 6.1. Global Future Trends in Vacuum Packaging Market Size & Y-o-Y Growth Analysis. 7. Global Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 7.1.1. Polyethylene (PE) 7.1.2. Polyvinylidene Chloride (PVDC) 7.1.3. Polypropylene (PP) 7.1.4. Polyester (PET) 7.1.5. Polyvinylchloride (PVC) 7.1.6. Polyamide (PA) 7.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 7.2.1. Rigid Packaging 7.2.2. Semi-rigid Packaging 7.2.3. Flexible Packaging 7.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.3.1. Pharmaceuticals 7.3.2. Food and Beverage 7.3.3. industrial Goods 7.3.4. Consumer Goods 8. Global Future Trends in Vacuum Packaging Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 9.1.1. Polyethylene (PE) 9.1.2. Polyvinylidene Chloride (PVDC) 9.1.3. Polypropylene (PP) 9.1.4. Polyester (PET) 9.1.5. Polyvinylchloride (PVC) 9.1.6. Polyamide (PA) 9.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 9.2.1. Rigid Packaging 9.2.2. Semi-rigid Packaging 9.2.3. Flexible Packaging 9.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.3.1. On-premise 9.3.2. Cloud 10. North America Future Trends in Vacuum Packaging Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 11.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 12.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 13.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 14.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Future Trends in Vacuum Packaging Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 16.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 17.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 18.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 19.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 20.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 21.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 22.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 23.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 24.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Future Trends in Vacuum Packaging Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 26.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 27.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 28.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 29.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 30.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 31.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 32.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 33.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Future Trends in Vacuum Packaging Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 35.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 36.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 37.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 38.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 39.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 40.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Future Trends in Vacuum Packaging Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 42.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 43.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Future Trends in Vacuum Packaging Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Material, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Packaging type, 2023-2030 44.3. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Future Trends in Vacuum Packaging Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Berry Plastics Corporation 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Bemis 45.5. Sealed Air 45.6. Multisorb Technologies 45.7. Coveris Holdings 45.8. CVP Systems Inc. 45.9. Linpac Packaging Limited 45.10. Coveris Holding S.A. 45.11. Amcor Group 46. Primary Key insights.