Vacuum Packaging Market 2020-2025 Prominent Growth of Industry A Snapshot of Market Report | Amcor Limited, Berry Plastics Corporation, Multisorb Technologies, Inc., Bemis Company, Inc., CVP Systems, Inc., Sealed Air Corporation, ULMA Packaging, Orics Ind

The vacuum packaging market is mainly driven by the growing consumption of convenience and packaged food among the millennials and young population. Additionally, convenience food is easy to handle, portable, and do not spill which makes it a first choice for this generation. Growing population coupled with changing lifestyle is anticipated to boost the demand for vacuum packaging in the food industry. Vacuum packaging is also used in pharmaceutical industry as it offers high sterile environment and longer shelf life to pharmaceutical products.

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The global vacuum packaging market report assess the market scenario and provides insights on the demand for the period 2015 to 2025. The report throws a light on the historic trends from 2015 to 2018 and provides the market forecast from 2019 to 2025. The report also analyzes the current status and future market prospects of the vacuum packaging industry at a global, regional and country level. In this study, the vacuum packaging market is segmented by machine, type, application and geography. The report analyzes a wide range of quantitative and qualitative factors of the global vacuum packaging industry and provides the market outlook for growth drivers, growth restraints and current industry trends. Furthermore, the report offers an in-depth valuation of vacuum packaging industry's competitive landscape, with global and as well as regional players operating in the market.

Based on machine, the market is categorized into external vacuum sealer machine, thermoforming machine, tray-sealing machine, and others. Thermoforming machines are widely being used in the food, pharmaceutical, and consumer goods industries. The increasing consumption of on-the-go and ready meals due to the busy lifestyles of consumers is expected to drive the vacuum packaging market.

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Based on type, the market is categorized into rigid packaging, semi-rigid packaging, and flexible packaging. Flexible packaging demand is mostly driven by the growing end use industries mainly food, beverage and pharmaceuticals, which are contributing towards the vacuum packaging market growth during the forecast period.

Based on end user, the market is categorized into food & beverages, pharmaceutical, consumer goods, industrial packaging, and others. Significant growth of various end-use industries such as pharmaceutical, food and consumer goods is projected to propel the demand of vacuum packaging over the next few years. Rising disposable income, growing industrialization, increasing population coupled with the snowballing healthcare expenditures in developing economies such as India and China, are some of the aspects driving the end-use industries in the vacuum packaging market over the forecast period.

Based on the region, the global vacuum packaging market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Central & South America. The Asia Pacific region held the largest market share in 2018 and is expected to grow at a highest CAGR if 5.1% over the forecast period. Various factors such as changing consumer lifestyles, growing disposable income and consumption of convenience food containing flexible vacuum packaging such as meat, pork, and beef is expected to drive the vacuum packaging market over the forecast period.

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The major players of global vacuum packaging market include Amcor Limited, Berry Plastics Corporation, Multisorb Technologies, Inc., Bemis Company, Inc., CVP Systems, Inc., Sealed Air Corporation, ULMA Packaging, Orics Industries, Inc., Linpac Packaging Limited, Coveris Holdings S.A., and others.

Segment overview of Global Vacuum Packaging Market

By Machine Overview, 2015-2025 (USD Million)

� External Vacuum Sealer Machine

� Thermoforming Machine

� Tray-sealing machine

� Others

By Type Overview, 2015-2025 (USD Million)

� Rigid packaging

� Semi-rigid packaging

� Flexible packaging

By End User Overview, 2015-2025 (USD Million)

� Food & Beverages

� Pharmaceutical

� Consumer goods

� Industrial packaging

� Others

Regional Overview, 2015-2025 (USD Million)

� North America

� Europe

� Asia Pacific

� Middle East and Africa

� Central & South America

What does the report include?
o�� �The study on the global vacuum packaging market includes qualitative factors such as drivers, restraints, and opportunities
o�� �Additionally, the market has been evaluated using Porter's Five Forces and Value Chain Analysis
o�� �The study covers a qualitative and quantitative analysis of the market segmented on the basis of machine, type and end user. Moreover, the study provides similar information for the key geographies
o�� �Actual market sizes and forecasts have been provided for all the above-mentioned segments
o�� �The study includes the profiles of key players in the market with a significant global and/or regional presence

Who should buy this report?
This study is suitable for industry participants and stakeholders in the global vacuum packaging market. The report will benefit:
o�� �Every stakeholder involved in developing and distributing vacuum packaging solutions
o�� �Product managers looking to publish recent and forecasted statistics pertaining to the global Vacuum Packaging market
o�� �Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative global vacuum packaging solutions
o�� �Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies

About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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