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Global Vacuum Packaging Market to reach USD 38.57 Billion by 2028.

Global Vacuum Packaging Market to reach USD 38.57 Billion by 2028.

Product Code: CMP-91593663
Publish Date: 15-02-2022
Page: 200

Global Vacuum Packaging Market is valued at approximately USD 28.84 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.24% over the forecast period 2022-2028.

Vacuum packing is a technique of packaging that eliminates air from the package before sealing. This technique includes inserting the product in a plastic film package, removing air from inside, and closing the package. This packaging technique is gaining huge traction majorly among pharmaceuticals, food, industrial goods, and many other industries. The growing need for the hygienic packaging of food, rising inclination towards easy-to-handle and convenient packaging, coupled with the exponential growth of the pharmaceutical and food industry is surging the market demand across the globe. For instance, according to the Indian Brand Equity Foundation (IBEF), in 2021, India’s domestic pharmaceutical market is projected at USD 42 billion and expected to reach USD 65 billion by 2024. Also, as per to India Ratings & Research, the Indian pharmaceutical market revenue is likely to account with more than 12% year-of-year in 2022. However, difficulty in managing the vacuum packaging supply chain and the high cost of development impede the growth of the market over the forecast period of 2022-2028. Also, the emergence of novel technologies and the growth of the e-commerce industry are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Vacuum Packaging Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the development of emerging economies such as India and China, and the increasing demand for hygienic packaging that improves product safety and shelf-life. Whereas, Europe is anticipated to exhibit a considerable growth rate over the forecast period 2022-2028. Factors such as the increasing disposable income, growing demand for packaged & convenience food, and steady industrialization would create lucrative growth prospects for the Vacuum Packaging Market across the region.

Major market players included in this report are:
Amcor Limited
Bemis Company, Inc.
Berry Plastics Corporation
Sealed Air Corporation
Linpac Packaging Limited
Multisorb Technologies, Inc.
Coveris Holding SA
CVP Systems Inc.
Ulma Packaging, and SCOOP
Orics Industries, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
By Packaging Material
Ethylene Vinyl Alcohol
By Machinery
External Vacuum Sealers
Tray-sealing Machines
By Pack Type
Flexible Packaging
Semi-rigid Packaging
Rigid Packaging
By Application
Industrial Goods
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Vacuum Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Vacuum Packaging Market, by Region, 2020-2028 (USD Billion)
1.2.2. Vacuum Packaging Market, by Process, 2020-2028 (USD Billion)
1.2.3. Vacuum Packaging Market, by Packaging Material, 2020-2028 (USD Billion)
1.2.4. Vacuum Packaging Market, by Machinery, 2020-2028 (USD Billion)
1.2.5. Vacuum Packaging Market, by Pack Type, 2020-2028 (USD Billion)
1.2.6. Vacuum Packaging Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vacuum Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vacuum Packaging Market Dynamics
3.1. Vacuum Packaging Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing demand for hygienic packaging of food Growing inclination towards the easy-to-handle and convenient packaging
3.1.2. Market Challenges Difficulty in managing the vacuum packaging supply chain High cost of development
3.1.3. Market Opportunities Emergence of novel technologies Growth of the e-commerce industry
Chapter 4. Global Vacuum Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Vacuum Packaging Market, by Process
6.1. Market Snapshot
6.2. Global Vacuum Packaging Market by Process, Performance – Potential Analysis
6.3. Global Vacuum Packaging Market Estimates & Forecasts by Process 2019-2028 (USD Billion)
6.4. Vacuum Packaging Market, Sub Segment Analysis
6.4.1. Skin Vacuum Packaging
6.4.2. Shrink Vacuum Packaging
6.4.3. Others
Chapter 7. Global Vacuum Packaging Market, by Packaging Material
7.1. Market Snapshot
7.2. Global Vacuum Packaging Market by Packaging Material, Performance – Potential Analysis
7.3. Global Vacuum Packaging Market Estimates & Forecasts by Packaging Material 2019-2028 (USD Billion)
7.4. Vacuum Packaging Market, Sub Segment Analysis
7.4.1. Polyethylene
7.4.2. Polyamide
7.4.3. Ethylene Vinyl Alcohol
7.4.4. Others
Chapter 8. Global Vacuum Packaging Market, by Machinery
8.1. Market Snapshot
8.2. Global Vacuum Packaging Market by Machinery, Performance – Potential Analysis
8.3. Global Vacuum Packaging Market Estimates & Forecasts by Machinery 2019-2028 (USD Billion)
8.4. Vacuum Packaging Market, Sub Segment Analysis
8.4.1. Thermoformers
8.4.2. External Vacuum Sealers
8.4.3. Tray-sealing Machines
8.4.4. Others
Chapter 9. Global Vacuum Packaging Market, by Pack Type
9.1. Market Snapshot
9.2. Global Vacuum Packaging Market by Pack Type, Performance – Potential Analysis
9.3. Global Vacuum Packaging Market Estimates & Forecasts by Pack Type2019-2028 (USD Billion)
9.4. Vacuum Packaging Market, Sub Segment Analysis
9.4.1. Flexible Packaging
9.4.2. Semi-rigid Packaging
9.4.3. Rigid Packaging
Chapter 10. Global Vacuum Packaging Market, by Application
10.1. Market Snapshot
10.2. Global Vacuum Packaging Market by Application, Performance – Potential Analysis
10.3. Global Vacuum Packaging Market Estimates & Forecasts by Application2019-2028 (USD Billion)
10.4. Vacuum Packaging Market, Sub Segment Analysis
10.4.1. Food
10.4.2. Pharmaceuticals
10.4.3. Industrial Goods
10.4.4. Others
Chapter 11. Global Vacuum Packaging Market, Regional Analysis
11.1. Vacuum Packaging Market, Regional Market Snapshot
11.2. North America Vacuum Packaging Market
11.2.1. U.S. Vacuum Packaging Market Process estimates & forecasts, 2019-2028 Packaging Material estimates & forecasts, 2019-2028 Machinery estimates & forecasts, 2019-2028 Pack Type estimates & forecasts, 2019-2028 Application estimates & forecasts, 2019-2028
11.2.2. Canada Vacuum Packaging Market
11.3. Europe Vacuum Packaging Market Snapshot
11.3.1. U.K. Vacuum Packaging Market
11.3.2. Germany Vacuum Packaging Market
11.3.3. France Vacuum Packaging Market
11.3.4. Spain Vacuum Packaging Market
11.3.5. Italy Vacuum Packaging Market
11.3.6. Rest of Europe Vacuum Packaging Market
11.4. Asia-Pacific Vacuum Packaging Market Snapshot
11.4.1. China Vacuum Packaging Market
11.4.2. India Vacuum Packaging Market
11.4.3. Japan Vacuum Packaging Market
11.4.4. Australia Vacuum Packaging Market
11.4.5. South Korea Vacuum Packaging Market
11.4.6. Rest of Asia Pacific Vacuum Packaging Market
11.5. Latin America Vacuum Packaging Market Snapshot
11.5.1. Brazil Vacuum Packaging Market
11.5.2. Mexico Vacuum Packaging Market
11.6. Rest of The World Vacuum Packaging Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Amcor Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
12.2.2. Bemis Company, Inc.
12.2.3. Berry Plastics Corporation
12.2.4. Sealed Air Corporation
12.2.5. Linpac Packaging Limited
12.2.6. Multisorb Technologies, Inc.
12.2.7. Coveris Holding SA
12.2.8. CVP Systems Inc.
12.2.9. Ulma Packaging, and SCOOP
12.2.10. Orics Industries, Inc.
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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