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Vacuum Pouches Market - Undergoing Technological Advancements Booms Industry Growth

08-27-2018 10:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Vacuum pouches is a type packaging method that includes the process of removing excess air before sealing the bag. The vacuum pouches are primarily used to preserve fresh food and decrease food spoilage. Vacuum packaging is a common technique of extending the shelf life of food related products without adversely impacting their quality.

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The vacuum pouches market is expected to witness a healthy grow rate during the forecast period. Due to speedy urbanization and industrialization the vacuum pouches market is undergoing technological advancements. Other than that growing use of vacuum pouches in pharmaceutical, food and beverage industry is significantly fuelling this market.

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The retail sector in Asia Pacific is booming, mainly due to changing lifestyle coupled with increasing per capita annual disposable income of consumers in this region. Shelf life of products is an important attribute across all industry verticals, however, is strategically significant in food and beverages industry.

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This emerging cluster of the globe is also witnessing quick urbanization. Over past five years approximately 20% of the product manufacturers switched to vacuum packaging from conventional packaging options.

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