Global Vacuum Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Vacuum Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By End-user Industry (Food, Healthcare and Pharmaceutical, Industrial, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Vacuum Packaging Market was valued at USD 30,480.0 million in 2023 and is expected to reach USD 42,360.0 million by 2031 while growing at a CAGR of 4.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global vacuum packaging market growth. Vacuum packaging involves removing air from a sealed package, creating a vacuum to preserve freshness by reducing oxygen content. This process slows down oxidation, extends shelf life, and maintains product quality.
Environmental concerns and regulatory pressures fuel the growth of the sustainable packaging market, but cost considerations and technical limitations could hinder its expansion.
Furthermore, the global vacuum packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By End-user Industry Analysis
The Global Vacuum Packaging Market is segmented among Food, Healthcare and Pharmaceutical, Industrial, and Other End-user Industries, based on End-user Industry. In 2023, Food accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Vacuum Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Amcor Limited, Sealed Air Corporation, Berry Global Inc., Coveris Holdings S.A., Swiss Pac Pvt Ltd, M&Q Packaging LLC, Dow Inc., Klockner Pentaplast Group, Plastopil Ltd., and Mondi Group.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Vacuum Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Vacuum Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Vacuum Packaging Market Segmentation, By End-user Industry
Global Vacuum Packaging Market Share Analysis, By End-user Industry
Global Vacuum Packaging Market Growth Analysis, By End-user Industry
Global Vacuum Packaging Market Trends, By End-user Industry
o Food
o Healthcare and Pharmaceutical
o Industrial
o Other End-user Industries
6. Global Vacuum Packaging Market Segmentation, By Region
Global Vacuum Packaging Market Share Analysis, By Region
Global Vacuum Packaging Market Growth Analysis, By Region
Global Vacuum Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
7. Competitive Landscape
Amcor Limited*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Sealed Air Corporation
Berry Global Inc.
Coveris Holdings S.A
Swiss Pac Pvt Ltd
M&Q Packaging LLC
Dow Inc.
Klockner Pentaplast Group
Plastopil Ltd.
Mondi Group
*Similar analysis will be provided for each company listed above.