Vacuum Packaging Market by Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, and Others), Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, and Others), Pack Type (Flexible Packaging, Semi-rigid Packaging, Rigid Packaging), Application (Food, Pharmaceuticals, Industrial Goods, and Others), and Region - 2023-2028

Vacuum Packaging Market by Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, and Others), Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, and Others), Pack Type (Flexible Packaging, Semi-rigid Packaging, Rigid Packaging), Application (Food, Pharmaceuticals, Industrial Goods, and Others), and Region - 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6595
Buy Now

Market Overview:

The global vacuum packaging market size reached US$ 27.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.77 Billion by 2028, exhibiting a growth rate (CAGR) of 4.14% during 2023-2028.

Vacuum packaging comprises the extraction of air from the chamber, injecting preservative gas, and sealing and aerating the products. It uses pouches, sachets, paper bags, bubble wraps, and stock bags to pack the products. It assists in removing oxygen from the container to prolong the shelf life of products and minimizing the volume of the contents and package. It is lightweight, easy to open, carry, store and reseal, and offers various customization options, which add aesthetic appeal to different products. At present, key players are introducing eco-friendly and renewable vacuum packaging solutions to reduce environmental impact.

Vacuum Packaging Market Trends:

Vacuum packaging is employed in the food and beverage (F&B) sector for the packaging of numerous food products and drinks. This, coupled with the increasing preferences for ready-to-eat (RTE) food products on account of busy lifestyles and the expanding purchasing power of individuals, represents one of the key factors strengthening the market growth around the world. The escalating demand for seafood, meat, frozen vegetables, cheese, baked goods, and other food products is also contributing to the market growth. Moreover, the rising adoption of vacuum packaging in the pharmaceutical industry for packing drugs and reducing the risk of contamination is favoring the growth of the market. In addition, vacuum packaging finds extensive application in the e-commerce industry to enhance productivity, efficiency, and output. Furthermore, the growing preferences for online shopping and the requirement for efficient delivery of products are influencing the market positively. Furthermore, vacuum packaging is used in the electronics industry to prevent the products from mildew, corrosion, and moisture. The increasing sales of consumer electronics are also providing a thrust to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vacuum packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on process, material, machinery, pack type and application.

Breakup by Process:

  • Skin Vacuum Packaging
  • Shrink Vacuum Packaging
  • Others
     

Breakup by Material:

  • Polyethylene
  • Polyamide
  • Ethylene Vinyl Alcohol
  • Others
     

Breakup by Machinery:

  • Thermoformers
  • External Vacuum Sealers
  • Tray-sealing Machines
  • Others
     

Breakup by Pack Type:

  • Flexible Packaging
  • Semi-rigid Packaging
  • Rigid Packaging
     

Breakup by Application:

  • Food
  • Pharmaceuticals
  • Industrial Goods
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Coveris Holdings S.A., Dow Inc., Kite Packaging Ltd, Klöckner Pentaplast, Nemco Machinery A/S, Plastopil Hazorea Company Ltd., Sealed Air Corporation, Sealer Sales Inc., U.S. Packaging & Wrapping LLC, ULMA Packaging, Wells Can Company Ltd and Winpak Ltd. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
    Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Process, Material, Machinery, Pack Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amcor plc, Coveris Holdings S.A., Dow Inc., Kite Packaging Ltd, Klöckner Pentaplast, Nemco Machinery A/S, Plastopil Hazorea Company Ltd., Sealed Air Corporation, Sealer Sales Inc., U.S. Packaging & Wrapping LLC, ULMA Packaging, Wells Can Company Ltd and Winpak Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the vacuum packaging market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global vacuum packaging market.
  • The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the vacuum packaging industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and  provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global vacuum packaging market was valued at US$ 27.1 Billion in 2022.

We expect the global vacuum packaging market to exhibit a CAGR of 4.14% during 2023-2028.

The rising demand for Ready-to-Eat (RTE) food products, along with the growing need for efficient delivery of items, is primarily driving the global vacuum packaging market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of various end-use industries for vacuum packaging.

Based on the process, the global vacuum packaging market can be segmented into skin vacuum packaging, shrink vacuum packaging, and others. Currently, skin vacuum packaging holds the majority of the total market share.

Based on the material, the global vacuum packaging market has been divided into polyethylene, polyamide, ethylene vinyl alcohol, and others. Among these, polyethylene currently exhibits a clear dominance in the market.

Based on the machinery, the global vacuum packaging market can be categorized into thermoformers, external vacuum sealers, tray-sealing machines, and others. Currently, thermoformers account for the majority of the global market share.

Based on the pack type, the global vacuum packaging market has been segregated into flexible packaging, semi-rigid packaging, and rigid packaging, where flexible packaging currently holds the largest market share.

Based on the application, the global vacuum packaging market can be bifurcated into food, pharmaceuticals, industrial goods, and others. Currently, food exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global vacuum packaging market include Amcor plc, Coveris Holdings S.A., Dow Inc., Kite Packaging Ltd, Klöckner Pentaplast, Nemco Machinery A/S, Plastopil Hazorea Company Ltd., Sealed Air Corporation, Sealer Sales Inc., U.S. Packaging & Wrapping LLC, ULMA Packaging, Wells Can Company Ltd, and Winpak Ltd.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Vacuum Packaging Market by Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, and Others), Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, and Others), Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, and Others), Pack Type (Flexible Packaging, Semi-rigid Packaging, Rigid Packaging), Application (Food, Pharmaceuticals, Industrial Goods, and Others), and Region - 2023-2028
Select License Type



Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More