How Has the Vacuum Packaging Market Evolved Historically and What is its Current Size?
The vacuum packaging market has seen considerable growth due to a variety of factors.
• In recent times, there has been considerable growth in the vacuum packaging market size. There is an expected increase from $32.72 billion in 2024 to $34.53 billion in 2025, with a compound annual growth rate (CAGR) of 5.5%. The past growth can be traced back to the advent of preservation methods, implementation by the food industry, the need for longer shelf life, industrial applications, and the convenience and portability offered.
What is the Forecasted Market Size and CAGR for the Vacuum Packaging Market?
The Vacuum Packaging market is expected to maintain its strong growth trajectory in upcoming years.
• There is projected to be steady growth in the vacuum packaging market size over the upcoming years, with estimated growth reaching $45.45 billion in 2029, a compound annual growth rate (CAGR) of 7.1%.
This growth during the forecast period can be accounted for by factors such as consumer knowledge and choices, economic conditions, health and sanitation issues, and market extension driven by globalization. The forecast period will see major trends like enhanced packaging attributes, applications across various industries, assurance of hygiene and safety, small-scale and on-demand packaging, and the use of biodegradable packaging materials.
What Key Factors and Trends Are Driving The Growth Vacuum Packaging Market?
The escalating requirement for vacuum packaging can be linked to the burgeoning demand for packaged food items. Such products consist of processed and preserved goods that are meant to be consumed by end users. The food and beverage sector's increased reliance on vacuum pack seals owes to their ability to maintain the original taste and freshness of the products by eliminating air from the package. For instance, the US-based National Confectioners Association (NCA) reported via its publication, Candy & Snacks Today, that in September 2022, snack sales saw an 11.4% rise, pushing the sales revenue to $44.9 billion in the first nine months of the year. Consequently, the rising need for packaged food products is projected to propel the demand for vacuum packaging.
What Are The Market Segments In The Vacuum Packaging Market?
The vacuum packaging market covered in this report is segmented –
1) By Machinery Types: External Vacuum Sealers, Thermoformers, Tray-Sealing Machine, Other Machines
2) By Pack Type: Rigid Packaging, Semi-Rigid Packaging, Flexible Packaging
3) By Process: Skin Vacuum Packaging, Shrink Vacuum Packaging, Other Processes
4) By Materials: Polyethylene, Polypropylene, Polyamide, Ethylene Vinyl Alcohol, Other Materials
5) By End-User: Food, Pharmaceuticals, Industrial Goods, Other End-Users
Subsegments:
1) By External Vacuum Sealers: Chamber Vacuum Sealers, External Vacuum Sealers
2) By Thermoformers: Roll-Fed Thermoformers, Sheet-Fed Thermoformers
3) By Tray-Sealing Machine: Manual Tray Sealers, Automatic Tray Sealers
4) By Other Machines: Vacuum Skin Packaging Machines, Vacuum Packing Machines
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What Trends Are Shaping The Vacuum Packaging Market?
Technological progression is a main trend gaining traction in the vacuum packaging industry. With a focus on generating sustainable, lightweight bottles with increased efficacy, key businesses in vacuum packaging are concentrating on developing lightweight vacuum-absorbing packaging technologies. Such progress provides these major players an upper hand in the market. For instance, Amcor Plc, a Swiss-based packaging solution provider, launched PowerPost Technology in May 2022. The technology emphasizes on formulating sustainable packaging solutions for hot-fill drinks, stressing on lightweight designs while ensuring the product's integrity and shelf life. Its goal is to mitigate the environmental footprint of packaging through using light materials and promoting their recyclability. This novelty aligns with Amcor's dedication to sustainability, mirroring the escalating demand for environmentally-friendly packaging solutions in the beverage sector.
Who Are the Key Players In The Vacuum Packaging Market?
Major companies operating in the vacuum packaging market include:
• Berry Plastics Corporation
• CVP Systems Inc.
• Linpac Packaging Limited
• Coveris Holding S.A.
• Amcor Group
• ULMA Packaging S.A.R.L
• Orics Industries Inc.
• Multisorb Technologies Inc.
• Sealed Air Corporation
• Klöckner Pentaplast Group
• Sealer Sales Inc.
• Kite Packaging Ltd.
• US Packaging & Wrapping LLC
• Collinsons Vacuum Packaging Pty. Ltd.
• Stewart's Packaging Inc.
• Swiss Pac Pvt Ltd.
• Safe Packaging Systems
• Vacuum Packaging Technologies
• Vacuum Packaging Systems Inc.
• Vacuum Sealer Manufacturers Inc.
• Vacuum Sealers Direct
• Vacuum Seal Store
• Vacuum Depot
• MULTIVAC Sepp Haggenmüller SE & Co. KG
• Tetra Pak Group
• Crown Holdings Inc.
• Ball Corporation
• Reynolds Group Holdings
• Graphic Packaging International
What Are The Regional Insights Into The Vacuum Packaging Market?
Asia-Pacific was the largest region in the vacuum packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vacuum packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
