Vacuum-sealed packaging is an advanced and effective method of preserving and packaging a wide range of products by removing the air from the packaging before sealing it. This process involves using vacuum-sealing machines to extract air from the package, creating a vacuum environment that helps to extend the shelf life of the contents, maintain product freshness, and reduce the risk of spoilage or deterioration.
The vacuum-sealed packaging market is a critical segment within the broader packaging industry, offering a unique and effective method for preserving and protecting a wide range of products.
The projected value of the vacuum-sealed packaging market is estimated to reach US$ 13.2 billion by the year 2024, with anticipated sales experiencing a Compound Annual Growth Rate (CAGR) of 4.3%. Looking towards the future, the market is poised to expand further, reaching US$ 20.1 billion by 2034.
The sustained growth in demand for vacuum-sealed packaging is attributed to increasing consumer preferences for extended product shelf lives and enhanced freshness. A key factor driving this evolution is the growing awareness among consumers regarding sustainability and the imperative to reduce food waste. These considerations have significantly contributed to the widespread adoption of vacuum-sealed packaging, making it a vital solution in the packaging industry.
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Factors Driving the Vacuum-Sealed Packaging Market:
- E-commerce and Convenience: With the rise of e-commerce, vacuum-sealed packaging is increasingly used for the online sale and delivery of perishable goods. The convenience of extended freshness and reduced packaging waste aligns with the preferences of online shoppers.
- Food Preservation and Safety: The primary driver for the adoption of vacuum-sealed packaging is its effectiveness in preserving and ensuring the safety of food products. It helps reduce food waste by extending the shelf life of perishable items.
- Consumer Demand for Freshness: Increasing consumer awareness and demand for fresh and minimally processed foods drive the popularity of vacuum-sealed packaging. Consumers appreciate the assurance of freshness and quality associated with this packaging method.
- Advancements in Packaging Technology: Ongoing advancements in packaging technology, including improvements in vacuum-sealing equipment and materials, contribute to the growth of the market. This results in more efficient and cost-effective solutions for manufacturers.
- Global Supply Chain Considerations: Vacuum-sealed packaging aids in the preservation of products during transportation in the global supply chain. This is particularly relevant for exports and long-distance shipments, ensuring that products reach consumers with their quality intact.
- Sustainability Focus: The vacuum-sealed packaging market is adapting to sustainability trends by exploring eco-friendly materials and design innovations. Manufacturers are seeking to reduce the environmental impact of packaging while maintaining the benefits of vacuum sealing.
Rising Demand
The surge in e-commerce has reshaped the packaging landscape. Vacuum-sealed packaging providers are adapting to cater to the specific requirements of safe and efficient e-commerce deliveries. Notably, the environmental advantages of vacuum-sealed packaging, aligning with global sustainability efforts, offer manufacturers an opportunity to thrive by emphasizing eco-friendly options and addressing the pressing issue of food waste through extended shelf life.
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Key Manufacturers
- Sealed Air Corporation
- Amcor plc
- Berry Global Group
- Schur Flexibles Holding GesmbH
- Winpak Ltd.
- Klöckner Pentaplast
- Allfo GmbH & Co. KG
- Nemco Machinery A/S
- Plastissimo Film Co., Ltd.
- Plastopil Hazorea Company Ltd.
- Coveris Holdings S.A.
- The Vacuum Pouch Company Ltd.
Key Segments
By Material:
- Polyethylene (PE)
- Polypropylene (PP)
- Polyamide (PA)
- Ethylene Vinyl Alcohol (EVOH)
- Polyethylene terephthalate (PET)
- Other
By Product Type:
- Pouches and Bags
- Films
By End Use:
- Food
- Non-Food
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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