Soaring Demand Set to Propel Vacuum Packaging Market to $44.48 Billion by 2029

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What Is the Expected CAGR for the Vacuum Packaging Market Through 2025?
In recent years, there has been a consistent growth in the vacuum packaging market size. This market is forecasted to expand from $32.72 billion in 2024 to $34.19 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.5%.

What's the Projected Size of the Global Vacuum Packaging Market by 2029?
In the upcoming years, the vacuum packaging market size is predicted to witness robust growth, reaching $44.48 billion in 2029 with an annual growth rate (CAGR) of 6.8%. The propelling forces for this growth during the forecast period can be traced back to an increase in consumer awareness and preferences, economic situations, health and hygiene concerns, globalization and product market enlargement. Key trends anticipated during this forecast period are value-added packaging characteristics, cross-sectional industry applications, safety guarantees and cleanliness, small-scale and on-demand packaging, as well as biodegradable packaging products.

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Top Growth Drivers in the Vacuum Packaging Industry: What's Accelerating the Market?
The surging demand for packaged food items is set to catapult the necessity for vacuum packaging. These items are processed and conserved for consumption by customers. The rise in need for packaged food items amplifies the requirement for vacuum packaging seals in the food and drink industries, as they can maintain the taste and freshness by removing air from the package. For instance, Candy & Snacks Today, a magazine by the National Confectioners Association (NCA) in the US, reported in September 2022 that snack sales throughout the initial nine months of 2022 experienced an 11.4 percent growth, hitting a sales revenue of $44.9 billion. Thus, the escalating need for packaged food items will spur the demand for vacuum packaging.

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What Trends Will Shape the Vacuum Packaging Market Through 2029 and Beyond?
Rapid technological progress is a key growing trend in the vacuum packaging market. Leading firms in this sector are focusing on developing lightweight vacuum absorption packaging technologies to manufacture sustainable and efficient lightweight bottles. These innovations provide a competitive advantage to the key players in the market. For example, in May 2022, Amcor Plc, a packaging solutions firm based in Switzerland, introduced PowerPost Technology. This technology is dedicated to producing sustainable packaging solutions for hot beverages, stressing on lightweight structure without compromising product quality and longevity. The goal is to minimize the environmental footprint of packaging by using lightweight materials and promoting their recyclability. This new development is in line with Amcor's sustainability commitments and caters to the increasing demand for environmentally friendly packaging in the beverage industry.

What Are the Main 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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Which Top Companies are Driving Growth in the Vacuum Packaging Market?
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

Which Regions Will Dominate the Vacuum Packaging Market Through 2029?
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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