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Vacuum Packaging Market to grow by USD 6.64 billion from 2022 to 2027 | Amcor Plc, Dow Chemical Co., Filtration Group Corp., among key companies- Technavio


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

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Vacuum Packaging Market 2023-2027: Segmentation

Material

Geography 

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report

Vacuum Packaging Market 2023-2027: Key Highlights

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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

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.03%

Market growth 2023-2027

USD 6.64 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.51

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 39%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

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.

Market dynamics

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.

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Material

Market Segmentation by End-User

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio


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