openPR Logo
Press release

Vacuum Skin Packaging Global Market Projected To Grow Radiantly By 2023; Asserts MRFR Unleashing Industry Forecast

01-29-2018 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Vacuum Skin Packaging Global Market Projected To Grow Radiantly

Market Research Future published a research report on “Global Vacuum Skin Packaging Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Global Vacuum Skin Packaging Market Information Report by Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC) and Other), by Application (Meat, Poultry, Cheese and others) and Region - Global Forecast To 2023

The global vacuum skin packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of market is influenced by increased consumption of meat and poultry and increased government policies regarding food safety. However, stringent regulations on packaging material waste and recycling expected to hinder the growth of the vacuum skin packaging market.

The meat consumption has continued to rise in the U.S., European Union, and developed world. There is seen a shift toward poultry from meat, however red meat still represents the largest proportion of meat consumed in the U.S. The demand for meat in developing countries continues to grow as the production and consumption of meat increases with increasing disposable income. There is seen a shift in the dietary pattern in developing countries which is marked by high meat consumption. This drives the demand of packaging material and technology for the meat, poultry and seafood packaging which is an expanding industry that utilizes the vacuum skin packaging.

The global vacuum skin packaging market is expected to reach USD 18,392 million by 2023 with a CAGR of 5.77%.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2686

With the increasing adoption of convenience shopping, the retail sector is growing rapidly. The retail sector is booming, owing to factors such as favourable demographics, rising consumer incomes and real estate developments, especially the emergence of new shopping malls. With the emergence of consumerism, the retailer faces a more knowledgeable and demanding consumer. This has pushed the demand for packaging across the vegetables, fruits, meat and poultry products.

There is seen an expanding role of government and other agencies to ensure food safety on a global platform. Government agencies are responsible for setting food safety standards, conducting inspections, ensuring that standards are met, and maintaining a strong enforcement program to deal with those who do not comply with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to better protect public health by strengthening the food safety system. This also includes packaging and product information. Such policies fuel the demand for vacuum skin packaging across the food industry, especially to package meat, poultry and seafood. Vacuum skin packaging technology is used exclusively for packaging of fresh, processed and ready-to-eat food items to extend the shelf life, retain taste and color along with other additional benefits.

Key Players:

Bemis Company Inc. (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), and Green Packaging Material (Jiangyin) Co., Ltd. (China) are some of the prominent players at the forefront of competition in the global vacuum skin packaging market and are profiled in MRFR Analysis.

Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Early buyers will receive Discount on this report@ https://www.marketresearchfuture.com/check-discount/2686

Global Vacuum Skin Packaging Market - Competitive Analysis

Vacuum skin packaging industry has seen significant growth in last few years due to its application across industries, cost efficient solution and sustainable packaging solutions. The major players operating in this market, who have adopted expansion as their key startegy are Bemis Company Inc (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China) and others.

Amcor Ltd. announced the completion of the Alusa acquisition, which was first announced on 18 April 2016. Amcor now has a unique platform in an important growth region. Along with leadership positions in Europe and Asia, a strong presence in South America significantly improves Amcor’s customer value proposition in the flexible packaging marketplace, positioning us as a partner of choice for customers.

Amcor Ltd. also launched transparent packaging that allows consumers to see the product inside has been a growing trend on store shelves in recent years, but metal-free packaging was often not a practical option for products requiring an outstanding barrier.

Berry Global Group, Inc. sees its key strategy in mergers & acquisitions and continued partnership & collaboration with major companies. It believes in expanding their current business network by creating economic value through mergers & acquisitions. The acquisitions strategy is focused on improving company’s long-term financial performance, enhance market positions and expand existing and complementary product lines. In 2015, Berry Plastics Group, Inc. acquired AVINTIV Inc. from private equity funds managed by The Blackstone Group LP for approximately USD 2.45 Million.

Global Vacuum Skin Packaging Market - Segments

Global Vacuum Skin Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material : Comprises – Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC) and Other
Segmentation By Application : Comprises – Meat, Poultry, Cheese and others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Access Full Report@ https://www.marketresearchfuture.com/reports/vacuum-skin-packaging-market-2686

Global Vacuum Skin Packaging Market - Regional Analysis

APAC is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.

China is estimated to grow faster than any other country due to increase in food consumption, rapid urbanization, and strong economic growth. China is by far the world’s largest consumer and producer of pork and has maintained self-sufficiency over the years. In 2016, The Ministry of Agriculture’s 5-year plan set the objectives of increasing scale of hog farms, utilizing hog waste, shifting hogs away from cities and southern watersheds, improving cold chain, establishing traceability, and increasing vertical coordination.

In India, livestock sector is one of the most important components of agriculture in India. On account of favorable socio- economic factors such as changing eating habits, higher purchasing power, urbanization, increasing health consciousness towards protein rich diet there has been an increase in demand for meat and the sector has gained importance in terms of contribution to income, employment and foreign exchange earnings. Buffalo, in India, contributes about 30% of total meat production.

North America accounts for the second largest market share. According to the North American Meat Institute (NAMI), the meat and poultry industry is the largest segment of U.S. agriculture. Total meat and poultry production in 2012 reached more than 93 billion pounds. There is an immense need for proper packaging of such meat products, which will ensure longer shelf life of the meat products. For this reason, vacuum skin packaging market is gaining traction in the U.S. region.

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Skin Packaging Global Market Projected To Grow Radiantly By 2023; Asserts MRFR Unleashing Industry Forecast here

News-ID: 919789 • Views:

More Releases from Market Research Future

Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035. Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035. Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CAGR
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034. Cheese packaging
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by

All 5 Releases


More Releases for Packaging

Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2 The following manufacturers are covered: Owens Illinois Salazar Packaging Design Packaging PrimeLine Packaging International Packaging Elegant Packaging Pak Factory ABOX Packaging ACG Ecopak CB Group SoOPAK Company Huhtamaki
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563 The E-Commerce
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth. The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury