Global Vacuum Packaging Market Size study, By Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, Others), By Packaging Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, Others), By Machinery (Thermoformers, External Vacuum Sealers, Tray-sealing Machines, Others), By Pack Type (Flexible Packaging, Semi-rigid Packaging, Rigid Packaging), By Application (Food, Pharmaceuticals, Industrial Goods, Others) and Regional Forecasts 2022-2028
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.
Request To Download Sample of This Strategic Report: – https://www.quadintel.com/request-sample/vacuum-packaging-market/QI037
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.
DOWNLOAD FREE SAMPLE REPORT – https://www.quadintel.com/request-sample/vacuum-packaging-market/QI037
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 Others
By Packaging Material Polyethylene Polyamide Ethylene Vinyl Alcohol Others
By Machinery Thermoformers External Vacuum Sealers Tray-sealing Machines Others
By Pack Type Flexible Packaging Semi-rigid Packaging Rigid Packaging
By Application Food Pharmaceuticals Industrial Goods Others
Directly Purchase the Complete Global Vacuum Packaging Market Research Report @ – https://www.quadintel.com/request-sample/vacuum-packaging-market/QI037
By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE
Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico 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 Investors
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.
Access full Report Description, TOC, Table of Figure, Chart, etc. @ – https://www.quadintel.com/request-sample/vacuum-packaging-market/QI037
What aspects regarding the regional analysis Market are included in this report?
We are the best market research reports provider in the industry. Quadintel believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Quadintel is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Quadintel: Email: sales@quadintel.com Address: Office – 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE) Website: https://www.quadintel.com/