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Global Vacuum Packaging: Market Segmentation

10-15-2018 03:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Vacuum packaging is a modern methodology for packaging food and various other products. The process involves withdrawal of the air included in the package and then sealing it. 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 encouraging packaging solution to guarantee product safety and protection for longer periods. The intensifying awareness of reliable and superior-quality packaging food in emerging economies is one of the major factors contributing significantly for the growth of the vacuum packaging market. 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.

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Global Vacuum Packaging: Market Segmentation

The global Vacuum Packaging market is segmented on the basis of application which includes pharmaceutical, food, packaging of consumer goods and industrial packaging. In 2015, food packaging captured the maximum share in revenue terms in the global vacuum packaging market. The segment is anticipated to remain dominant during the forecast period. The global vacuum packaging market is also bifurcated on the basis of machinery types used for packaging of the products such as external vacuum sealers, thermoformers, tray-sealing machine, and other machines. The global vacuum packaging market is also divided on the basis of pack type which includes rigid packaging, semi-rigid packaging and flexible packaging. Flexible packaging is likely to grow at a significant pace over the next ten years from 2016-2026. The global vacuum packaging market is also fragmented by materials such as polyamide, ethylene, polyethylene and vinyl alcohol.

Global Vacuum Packaging Market: Growth Drivers

Robust consumption of convenience and processed food has been the major growth drivers of the global vacuum packaging market. Rising consciousness about food safety and hygiene have become consumer’s foremost urgency. This has inclined the demand for vacuum packaging all across the world. Rising household income as well as inclination to spend for hygienic food are anticipated to impel the growth of global vacuum packaging market during the forecast period. Apart from this, speedy industrialization in the developing economies along with higher population growth are anticipated to bolster the growth of global vacuum packaging market during the period 2016-2026.

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Global Vacuum Packaging Market: Regional Outlook

Geographically, the Global Vacuum Packaging industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Asia-Pacific region captured the highest share in value terms in the global vacuum packaging market during 2015. The region is likely to be dominant in future due to robust demand for packaged food in emerging economies of Indian and China till 2026. Europe is anticipated to be the second largest market in terms of revenue during the period 2016-2026.

Global Vacuum Packaging Market: Key Players

Some of the key vendors identified across the value chain in the global Vacuum Packaging market include CVP Systems Inc., Berry Plastics Corporation, Linpac Packaging Limited, Amcor Group, Coveris Holding S.A., Ulma Packaging, Multisorb Technologies Inc., Orics Industries, and Sealed Air Corporation. The vacuum packaging manufacturers have wide product portfolio and substantial capital for research and development. The launch of new products as well as the expansion are anticipated to be the major strategies of the key vendors to gain the competitive advantage.

More from Packaging Market Intelligence : 

Kraftliner Market Segmentation By Product Type - Bleached (White-Top) Kraftliner,Unbleached (Brown) Kraftliner; By Basis Weight - Up to 100 GSM,100 GSM to 150 GSM,150 GSM to 200 GSM,200 GSM to 250 GSM,More than 250 GSM; By End Use - Printing Industry,Electrical & Electronics,Consumer Goods,Agriculture,Food & Beverages,Other Industrial : https://www.futuremarketinsights.com/reports/kraftliner-market

Wrap-Around Cartoning Machines Market Segmentation By Capacity - Up to 25 Cartons/Minute,25 Cartons/Minute to 50 Cartons/Minute,50 Cartons/Minute to 75 Cartons/Minute,75 Cartons/Minute to 100 Cartons/Minute,More than 25 Cartons/Minute; By Application - Bottles,Trays,Bowl,Cans,Jars,Others; By End Use - Food & Beverages,Confectionery,Bottled Water,Canned Food,Ready-to-eat Food,Others,Personal Care,Household,Pharmaceutical,Others : https://www.futuremarketinsights.com/reports/wrap-around-cartoning-machines-market

Foam Hinged Take-Out Containers Market Segmentation by material type - Polyurethane (PU) foam hinged take-out container,Expanded Polystyrene (EPS) foam hinged take-out container,Biodegradable foam hinged take-out container (eco-friendly materials); by distribution channel - Mom and Pop stores,B2B,Educational institutions,Food Outlets,Healthcare,Corporate offices,B2C,Super market / Hyper market,Online retail / E-commerce,Convenience stores; by application - Ice cream & dairy products,Ready to eat food,Meat, seafood & poultry items,Bakery & confectionery food items,Frozen food : https://www.futuremarketinsights.com/reports/foam-hinged-take-out-containers-market

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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