Vacuum Packaging Market is expected to reach US$22.8 bn by the end of 2024
Obtain Report Details @ https://www.transparencymarketresearch.com/vacuum-packaging-market.html
The global vacuum packaging market is primarily driven by the expansion of the food packaging market. Augmented intake of convenience and processed food has been one of the major driving forces in the growth of the market. Furthermore, flexibility, portability, and ease of handling have augmented the popularity of packaged food. Vacuum packaging helps in preventing spoilage of food products
Some prominent companies that have been mentioned in the report on global vacuum packaging market are Amcor Limited, Sealed Air Corporation, Berry Plastics Corporation, Bemis Company, Inc., Coveris Holdings S.A, and Multisorb Technologies, Inc.
Asia Pacific to Retain its Dominance with Europe Following Closely
Asia Pacific is estimated to account for a sizeable chunk of the global vacuum packaging market and the region is estimated to retain is rapid growth rate over the tenure of assessment. Increased spending on healthcare, growing demand for convenience and packaged food, and rising population in the region is estimated to trigger the growth of the Asia Pacific vacuum packaging market in the years to come.
For More Details, Request A Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16151
Europe is likely to follow Asia Pacific closely due to the presence of huge demand for processed and packaged food. In addition, expansion and development of the healthcare sector are likely to push for the demand for pharmaceutical packaging in Europe. This is estimated to favor the growth of the Europe vacuum packaging market.
Increased Demand for Nutritious Packaged Food to Spell Growth for the Market
The global vacuum packaging market is likely to be driven by its capability to retain freshness and prolonged shelf life of food products. This property of the packaging solution has made it a popular choice in the food packaging industry.
In vacuum packaging solutions, the air around a food item is removed and then the product is packaged tightly in an impermeable package. This type of packaging solution eliminates the atmospheric oxygen, thereby restricting the growth of aerobic fungi or bacteria. It also prevents the evaporation of volatile substances. The food items in vacuum packaging solution are protected from insects, moisture, dust, and many other external components, thereby fuelling demand for vacuum packaging solutions.
Transparency Market Research
90 State Street, Suite 700,
Albany NY - 12207,
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vacuum Packaging Market is expected to reach US$22.8 bn by the end of 2024 here
News-ID: 2173652 • Views: 220
More Releases from Transparency Market Research
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals
More Releases for Asia
Asia IVD Market
According to a new report published by Allied Market Research, the Asia Pacific In-vitro diagnostics market was valued at $12.9 billion in 2015, and is expected to reach $19.0 billion registering a CAGR of 5.6% during 2016 to 2022. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario. Download Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/1256 The Asia-Pacific IVD market is
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According