Vacuum Packaging Market by Type (Amorphous, and Crystalline), and by Region - Global Forecast 2023
Global Vacuum Packaging Market Information by Material (PE, PVDC, PP, PVC and other), by Packaging (Rigid Packaging, Flexible Packaging, and Semi-Rigid Packaging) by Application (Pharmaceutical, Food, Industrial, Consumer Goods and Others) and Region - Forecast to 2022
Market Synopsis of Vacuum Packaging Market
Vacuum packaging is a type of packaging technology which removes air from the packaging before sealing the pack and extends the shelf life of food related products without adversely impacting their quality. Awareness regarding good quality and hygienic packaging foods are referred as some of the major factor contributing to the growth of the market. The rising population along with high disposable income is pushing the market. Moreover, ease of handling, portability and flexibility has increased popularity for vacuum packaging. The longer shelf life of products has also augmented the demand for vacuum packaging. However, high cost acts as a major barrier for the growth of the market. The global vacuum packaging market size is expected to cross USD 28 billion by the end of the forecast period.
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Study Objectives of Vacuum Packaging Market
- To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Vacuum Packaging Market
- To provide insights about factors affecting the market growth
- To analyze the Global Vacuum Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by material, packaging, application, and regions
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Vacuum Packaging Market
Segmentation
Regional Analysis of Global Vacuum Packaging Market
Asia pacific is referred as the largest & fastest growing market for vacuum packaging, followed by Europe & North America. Increasing population, rising packaged & convenience food demand, healthcare expenditure is driving the market in APAC region. Moreover, rapid industrialization in China and India expected to propel the regional market in the forecast period. Furthermore, growing healthcare sector is expected to propel the pharmaceutical packaging demand in the region.
Whereas, Europe is referred as second largest market in terms of revenue. Factors such as emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from recycled material are driving the market in Europe.
Market Size of Vacuum Packaging by Regions (USD Billion)
Key Players
The key players of global vacuum packaging market report include- Bernis Company Inc., Amcor Ltd., Berry Plastic Corp., Linpack Packaging Ltd., Sealed Air Corp., Coveris Holdings, CVP Systems, Multisorb Technology, and ULMA Packaging.
Target Audience
- Manufactures
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Product Analysis
- Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Geographic Analysis
- Geographical analysis across 15 countries
Company Information
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
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The report for Global Vacuum Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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