NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The vacuum packaging market is expected to grow by USD 6.64 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 4.03% during the forecast period, according to Technavio. Increasing awareness about food safety and hygiene is notably driving the vacuum packaging market. However, factors such as stringent regulation on plastics may impede market growth. The market is segmented by material (polyethylene, polyamide, EVOH, and others), end-user (food, healthcare and pharmaceutical, industrial, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the vacuum packaging market including Amcor Plc, Dow Chemical Co., Filtration Group Corp., GRUPO ULMA S. COOP, Henkelman BV, ILAPAK International S.A., Ishida Co. Ltd., KP Holding GmbH and Co. KG, Minipack International Pty Ltd., Mondi plc, MULTIVAC Sepp Haggenmuller SE and Co. KG, PAC Machinery, Plastopil Hazorea Co. Ltd., Promarks Vac Co. Ltd., Sealed Air Corp., SencorpWhite, Smurfit Kappa Group, The Vacuum Pouch Co. Ltd., WEBOMATIC Maschinenfabrik GmbH, and Winpak Ltd. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Free Sample Report.
Vacuum Packaging Market 2023-2027: Company Analysis
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Vacuum Packaging Market 2023-2027: Segmentation
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Vacuum Packaging Market 2023-2027: Key Highlights
The flexible industrial packaging market size is estimated to grow at a CAGR of 5.49% between 2022 and 2027. The market size is forecast to increase by USD 21,329.14 million.
The antimicrobial packaging market size is estimated to grow at a CAGR of 6.72% between 2022 and 2027. The market size is forecast to increase by USD 4,154.02 million.
Vacuum Packaging Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 4.03%
Market growth 2023-2027
USD 6.64 billion
YoY growth 2022-2023 (%)
APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution
APAC at 39%
US, China, Japan, India, and Germany
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled
Amcor Plc, Dow Chemical Co., Filtration Group Corp., GRUPO ULMA S. COOP, Henkelman BV, ILAPAK International S.A., Ishida Co. Ltd., KP Holding GmbH and Co. KG, Minipack International Pty Ltd., Mondi plc, MULTIVAC Sepp Haggenmuller SE and Co. KG, PAC Machinery, Plastopil Hazorea Co. Ltd., Promarks Vac Co. Ltd., Sealed Air Corp., SencorpWhite, Smurfit Kappa Group, The Vacuum Pouch Co. Ltd., WEBOMATIC Maschinenfabrik GmbH, and Winpak Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Historic Market Sizes
Five Forces Analysis
Market Segmentation by Material
Market Segmentation by End-User
Market Segmentation by Geography
Drivers, Challenges, & Trends
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