Vacuum Skin Packaging Market To Worth USD 18,392 million by 2023 | Bemis, Berry Global, LINPAC, Amcor, Sealed Air, DuPont, G. Mondini and Green Packaging

Global Vacuum Skin Packaging Market Information Report by Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC) and Other), by Application (Meat, Poultry, Cheese and others) and Region - Global Forecast To 2023

Market Scenario

Vacuum packaging is a technique predominantly used in the food industry with the intension of reducing or preventing the spoilage of food which may otherwise result in the loss of taste and in its textural quality. Furthermore, vacuum skin packaging effectively maintains the nutritional value of food. Increasing consumption of meat and poultry is the primary driving factor of the market. Additionally, growth in the retail sectors/increasing number of retails outlets also fuelling the growth of the market. The retail sector is booming, owing to factors such as favourable demographics, rising consumer incomes and real estate developments, especially the emergence of new shopping malls. However, stringent regulations on packaging material waste and recycling is the factor that may hamper the growth of the market.

The global vacuum skin packaging market is expected to reach USD 18,392 million by 2023 with a CAGR of 5.77%.

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Key Players

The key players of global vacuum skin packaging markets are Bemis Company Inc. (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China) and others.

Intended Audience

• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Global Vacuum Skin Packaging Market - Segments

Global Vacuum Skin Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.

Segmentation By Material: Comprises – Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC) and Other

Segmentation By Application: Comprises – Meat, Poultry, Cheese and others

Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Global Vacuum Skin Packaging Market - Regional Analysis

APAC is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.

China is estimated to grow faster than any other country due to increase in food consumption, rapid urbanization, and strong economic growth. China is by far the world’s largest consumer and producer of pork and has maintained self-sufficiency over the years. In 2016, The Ministry of Agriculture’s 5-year plan set the objectives of increasing scale of hog farms, utilizing hog waste, shifting hogs away from cities and southern watersheds, improving cold chain, establishing traceability, and increasing vertical coordination.

In India, livestock sector is one of the most important components of agriculture in India. On account of favorable socio- economic factors such as changing eating habits, higher purchasing power, urbanization, increasing health consciousness towards protein rich diet there has been an increase in demand for meat and the sector has gained importance in terms of contribution to income, employment and foreign exchange earnings. Buffalo, in India, contributes about 30% of total meat production.

North America accounts for the second largest market share. According to the North American Meat Institute (NAMI), the meat and poultry industry is the largest segment of U.S. agriculture. Total meat and poultry production in 2012 reached more than 93 billion pounds. There is an immense need for proper packaging of such meat products, which will ensure longer shelf life of the meat products. For this reason, vacuum skin packaging market is gaining traction in the U.S. region.

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Scope of Report

The report for Global Vacuum Skin Packaging market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents

1 Executive Summary$ 1,350.00

2 Research Methodology$ 0.00
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics$ 950.00
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis

Continued......

List of Tables$

Table 1 Global Vaccum Skin Packaging Market, by Material
Table 2 Global Vaccum Skin Packaging Market, by Product
Table 3 Global Vaccum Skin Packaging Market, by Application
Table 4 Global Vaccum Skin Packaging Market, by Regions
Table 5 North America Vacuum Skin Packaging Market, by Material
Table 6 North America Vacuum Skin Packaging Market, by Product
Table 7 North America Vacuum Skin Packaging Market, by Application
Table 8 U.s. Vacuum Skin Packaging Market, by Material
Table 9 U.s. Vacuum Skin Packaging Market, by Product
Table 10 U.s. Vacuum Skin Packaging Market, by Application

Continued........

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