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Vacuum Packaging Market by manufacturers, regions, type and application, forecast to 2026

12-17-2020 12:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Vacuum Packaging Market

Vacuum Packaging Market

Vacuum packaging is a technology in which air is removed in order to block the growth of oxygen-breathing microbes, which spoil the product. The purpose of vacuum packaging is to eliminate oxygen from the package. Removal of inner oxygen results in a longer shelf life. It is essential that the accurate incorporation of the product, process, package, and distribution exists in the supply chain to avoid recontamination. The global vacuum packaging market is gaining momentum primarily due to the increasing demand for sanitary packaging in various sectors. A prominent disadvantage of vacuum packaging includes the loss of preservation once the package is opened.

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Major drivers for the vacuum packaging market include the demand for hygienic packaging, manufacturers’ demand of longer shelf-life, a shift toward easy-to-handle & convenient packaging, and growth of end-use industries. Food packaging market plays a critical role in driving the growth of vacuum packaging market. Ease of handling, portability, and flexibility have increased the popularity of packaged food. This technique ensures shelf life extension with high sterile environment, which prohibits food spoilage.

Vacuum Packaging Market Taxonomy

On the basis of Packaging Material, the market is segmented into:
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others

On the basis of Machinery used, the market is segmented into:
Thermoformers
External Vacuum Sealers
Tray Sealing Machines
Others

On the basis of packaging type, the market is segmented into:
Flexible Packaging
Semi-rigid Packaging
Rigid Packaging

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Some of the key players in the vacuum packaging market include Amcor Limited, Bemis Company, Inc., Berry Plastics Corporation, Sealed Air Corporation, Linpac Packaging Limited, Multisorb Technologies, Inc., Coveris Holding SA, CVP Systems Inc., Ulma Packaging, SCOOP, and Orics Industries, Inc.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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