is a type of packaging technology wherein air is removed from the packaging before sealing the pack. Vacuum packaging is a common technique of extending the shelf life of food related products without adversely impacting their quality. Vacuum packaging is an efficient way of decreasing food spoilage, but also generates situations which assist in the growth of anaerobic organisms. Over the past few years, vacuum packaging has become an promising solution to guarantee product safety and protection for longer periods.
The growing awareness of good quality and hygienic packaging of food in growing regions is one of the major factors contributing to the growth of this market. Surge in need for longer shelf life of products also has driven the demand for vacuum packaging. Also, pharmaceuticals and food & beverage industry are the major end users of this packaging technique. Hence, overall growth in the pharmaceuticals as well as F&B industry has led to rise in demand for vacuum packaging.
Due to speedy urbanization and industrialization the vacuum packaging market
is undergoing technological advancements. New and innovative developments which includes production of vacuum packages that holds recyclable packaging and light-weight packaging are accumulating value to the vacuum packaging market. The vacuum packaging market has grown at a rapid pace over the past few years and is likely to observe stupendous growth during the forecast period.
Various food products such as cheese, continental small goods, fish, bacon, coffee and nuts, and many others can be bought in bulk at a lower price and then pre-packaged by either a central warehouse or in each supermarket or restaurant outlet. Hence, this technique aids in cost-effective packaging.
In this report, the market is broadly segmented based on application, process, packaging material, machinery, pack type, and region. The vacuum packaging market has been growing with respect to growing parent market which is Packaging Industry. The overall market generated annual revenue of $xxm in 2015. This market is estimated to grow with CAGR of xx% throughout the forecast period to generate annual revenue of $xxm by 2021.
Vacuum pouches are playing some crucial role in packing. Vacuum Packaging Pouches are made of the top quality virgin materials in a thickness suitable for handling, shipping and storing with only minimal care. Damage to packaged products may be avoided by adhering to these simple Principles.
The Asia-Pacific region accounted for the largest share of the total market, followed by Europe and America globally. The vacuum packaging market in developed countries is well-established; however, markets in developing economies such as China and India are estimated to grow at a higher rate from 2016 to 2021. This is owing to the growing demand for hygienic packaging that ensures product safety and freshness for longer durations.The major players in this market include:
- Amcor Ltd
- Bemis Company, Inc.
- Coveris Holdings S.A.
- Linpac Packaging Ltd.
- Orics Industries, Inc. amongst others.
Additionally, this report encompasses opportunity analysis, porter analysis, pricing analysis and market forces such as drivers, constraints and challenges that are involved to drive the overall Vacuum Packaging market.
1. Market Overview
2. Executive Summary
3. Vacuum Packaging Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user Profiling
3.2.3. Top 5 Financials Analysis4. Vacuum Packaging Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the Vacuum packaging Industry
4.3.1. Power of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree of Competition5. Vacuum Packaging Market Strategic Analysis
5.1. Vacuum packaging Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis6. Vacuum Packaging Market -By Application
6.4. Industrial Goods
6.6. Consumer Goods
6.7. Others7. Vacuum Packaging Market -By Process
7.2. Skin Vacuum Packaging
7.3. Shrink Vacuum Packaging
7.4. Others (Traditional Vacuum Packaging8. Vacuum Packaging Market -By Packaging Material
8.4. Ethylene Vinyl Alcohol
8.5. Others9. Vacuum Packaging Market -By Machinary
9.2. External Vacuum Sealers
9.3. Tray-sealing Machines
9.4. Others10. Vacuum Packaging Market-By Pack Type
10.1. Flexible Packaging
10.2. Semi-rigid Packaging
10.3. Rigid Packaging
10.4. Others11. Vacuum Packaging Market-By Geography
11.4. Rest of The World (RoW)
11.4.1. Middle East
11.4.2. Africa 12. Vacuum Packaging Market-Entropy
12.1. New Product Developments
12.2. Mergers and Acquisitions13. Company Profiles
13.1. Anhui Zengran Packaging Technology Co.,Ltd
13.2. Qingdao Caodahai Machinery Co., Ltd
13.3. The Vac Company
13.4. Zhengzhou Jiangyuan Food Machinery and Equipments
13.5. Equipment Co., Ltd
13.6. Bms Pack Co. Limited
13.7. Xiangchuang International Cargo Agency Co., Ltd.
13.8. Guangzhou Hacon Packaging Machinery Co., Ltd.,
13.9. Foshan Soonk Packaging Machine
13.10. Shanghai Kuko Packing Machinery Co., Ltd
13.11. Packaging Company
13.12. Hagans Plastics Co., Inc.
13.14. Universal Protective Packaging, Inc.
13.15. Transparent Packaging, Inc.
13.16. Tek Pak, Inc. - Batavia, IL
13.17. Plastiform, Inc.
13.18. Victory Packaging*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
14.1. List of Abbreviations
14.3. Research Methodology
14.4. Expert Insights