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Emerging Trends to Drive Vacuum Packaging Market Growth at 7.1% CAGR Through 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.Vacuum Packaging Market Size Growth Forecast: What to Expect by 2025?
The size of the vacuum packaging market has seen significant expansion in the past few years. The market is projected to increase from $32.72 billion in 2024 to $34.53 billion in 2025, with a compound annual growth rate (CAGR) of 5.5%. The prior growth of this market has been driven by the introduction of preservation techniques, acceptance by the food industry, the need for longer shelf life, industrial use, as well as convenience and portability.
How Will the Vacuum Packaging Market Size Evolve and Grow by 2029?
In the forthcoming years, we can anticipate a substantial increase in the vacuum packaging market, with projections estimating it to reach $45.45 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.1%. This growth during the forecasted period is due to factors such as consumer awareness and preferences, economic dynamics, health and sanitation requirements, as well as globalization and market expansion. Key trends that will shape the forecast period include the addition of value to packaging features, applications across multiple industries, guarantees for safety and hygiene, packaging in small batches or as per demand, and the use of biodegradable packaging materials.
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What Drivers Are Propelling the Growth of Vacuum Packaging Market Forward?
The escalating requirement for packed food items is anticipated to amplify the necessity for vacuum packaging. Packed food goods comprise processed and preserved items that are consumed by customers. The rising requirement for such food items augments the demand for vacuum packaging seals within the food and beverage sectors, as these seals help maintain the taste and freshness by eliminating air from the packaging. For example, Candy & Snacks Today, a publication from the National Confectioners Association (NCA) based in the US, reported in September 2022 that total snack sales within the first nine months of 2022 witnessed a 11.4 percent growth, with the sales revenue touching the $44.9 billion mark. Accordingly, the escalating requirement for packed food items will fuel the demand for vacuum packaging.
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Which Emerging Trends Are Transforming the Vacuum Packaging Market in 2025?
The upsurge of technological innovation is a primary trend observed in the vacuum packaging market. Several large firms in the vacuum packaging industry are focusing on developing an advanced lightweight vacuum-absorbing packaging technology to produce lightweight, more efficient bottles. These improvements allow these companies to obtain a competitive advantage in the market. For example, in May 2022, Amcor Plc, a Swiss-based packaging solution provider, introduced a cutting-edge PowerPost Technology. This pioneering technology targets the development of sustainable packaging solutions for beverages filled when hot. It puts emphasis on lightweight structure whilst preserving the quality and shelf life of the product. The technology aims at curbing the environmental consequences of packaging by leveraging lightweight materials and supporting recyclability. This innovative approach is in congruence with Amcor's sustainability pledge and echoes the burgeoning demand for green packaging solutions in the beverage sector.
What Are the Key Segments in the Vacuum Packaging Market?
The vacuum packaging market covered in this report is segmented -
1) By Machinery Types: External Vacuum Sealers, Thermoformers, Tray-Sealing Machine, Other Machines
2) By Pack Type: Rigid Packaging, Semi-Rigid Packaging, Flexible Packaging
3) By Process: Skin Vacuum Packaging, Shrink Vacuum Packaging, Other Processes
4) By Materials: Polyethylene, Polypropylene, Polyamide, Ethylene Vinyl Alcohol, Other Materials
5) By End-User: Food, Pharmaceuticals, Industrial Goods, Other End-Users
Subsegments:
1) By External Vacuum Sealers: Chamber Vacuum Sealers, External Vacuum Sealers
2) By Thermoformers: Roll-Fed Thermoformers, Sheet-Fed Thermoformers
3) By Tray-Sealing Machine: Manual Tray Sealers, Automatic Tray Sealers
4) By Other Machines: Vacuum Skin Packaging Machines, Vacuum Packing Machines
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Who Are the Key Players Shaping the Vacuum Packaging Market's Competitive Landscape?
Major companies operating in the vacuum packaging market are Berry Plastics Corporation, CVP Systems Inc., Linpac Packaging Limited, Coveris Holding S.A., Amcor Group, ULMA Packaging S.A.R.L, Orics Industries Inc., Multisorb Technologies Inc., Sealed Air Corporation, Klöckner Pentaplast Group, Sealer Sales Inc., Kite Packaging Ltd., US Packaging & Wrapping LLC, Collinsons Vacuum Packaging Pty. Ltd., Stewart's Packaging Inc., Swiss Pac Pvt Ltd., Safe Packaging Systems, Vacuum Packaging Technologies, Vacuum Packaging Systems Inc., Vacuum Sealer Manufacturers Inc., Vacuum Sealers Direct, Vacuum Seal Store, Vacuum Depot, MULTIVAC Sepp Haggenmüller SE & Co. KG, Tetra Pak Group, Crown Holdings Inc., Ball Corporation, Reynolds Group Holdings, Graphic Packaging International
What Geographic Markets Are Powering Growth in the Vacuum Packaging Market?
Asia-Pacific was the largest region in the vacuum packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vacuum packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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