Global vacuum packaging market is mainly driven by the growing consumption of convenience and packaged food among the millennials and young population.
Dallas, United States - November 5, 2020 /MarketersMedia/ —
The global vacuum packaging market is majorly driven by the growing demand for hygienic packaged food and it is anticipated to boost the product demand over the forecast period. In addition, vacuum packing ensures product safety, hygiene, and freshness for the long period of time. Likewise, the vacuum packaging market has been a major driving factor highly influencing the demand for vacuum packaging product. Flexibility, portability, and easy handling has increased the popularity of packaged food across the globe. Thus, vacuum packaging is a type of packaging, in this process air is removed and the product is packed with the waterproof package.
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Moreover, vacuum packaging process decreases the environmental oxygen, which can reduce the growth of insects such as fungi or aerobic bacteria, and evaporation of instable components. In addition to this, vacuum packaging protects the food products from insects, dust, as well as number of other exterior components which may damage or harm the food products. This may extends the shelf life of the product as compared to the refrigerated life.
Likewise, vacuum sealing hugely increases the life of the number of different kinds of food including cheese, soup, meat, and other elements. The vacuum packing is one of the effectual and quick techniques of packaging the food products. This process is used in residential and commercial applications to preserve the food items.
The global vacuum packaging market is segmented into machine, type, end-user, and geographical outlook. On considering the machine, the global market is segregated into tray-sealing machine, external vacuum sealer machine, thermoforming machine, and others. On considering the type segment, the global market for vacuum packaging is separated into rigid packing, semi-rigid, as well as flexible packing. According to the end-user, the market is segregated into pharmaceuticals, food & beverages, industrial packaging, consumer goods, and others.
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On considering the regional overview, the global vacuum packaging market is segregated into Asia Pacific, North America, Europe, Central & South America, and the Middle East and Africa. Out of these, the Asia Pacific region for the vacuum market is dominates for the largest share and it is expected to continue this dominance during the prediction period.
The rapidly escalating development, highly growing food industries and increasing overheads on food & beverages drives the Asia Pacific vacuum packaging market. However, the food industry across the Asia Pacific region is massive in size and hence it is one of the major regions contributing hugely in growth of the global vacuum packaging market.
Major providers operating in the global vacuum packaging market are Amcor Limited, Berry Plastics Corporation, Bemis Company, Inc., Sealed Air Corporation, CVP Systems, Inc., Coveris Holdings S.A., Linpac Packaging Limited, ULMA Packaging, S.Coop, Multisorb Technologies, Inc, Orics Industries, Inc, and Other Companies.
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Key Segments of the Global Vacuum Packaging Market Report
By Machine Overview, 2015-2025 (USD Million)
External Vacuum Sealer Machine
Thermoforming Machine
Tray-sealing machine
Others
By Type Overview, 2015-2025 (USD Million)
Rigid packaging
Semi-rigid packaging
Flexible packaging
By End-user Overview, 2015-2025 (USD Million)
Food & Beverages
Pharmaceutical
Consumer goods
Industrial packaging
Others
Regional Overview, 2015-2025 (USD Million)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
What does the report include?
The study on the global vacuum packaging market includes qualitative factors such as drivers, restraints, and opportunities
Additionally, the market has been evaluated using Porter’s Five Forces and Value Chain Analysis
The study covers a qualitative and quantitative analysis of the market segmented on the basis of machine, type and end user. Moreover, the study provides similar information for the key geographies
Actual market sizes and forecasts have been provided for all the above-mentioned segments
The study includes the profiles of key players in the market with a significant global and/or regional presence
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Source: MarketersMedia
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