The global sales vacuum chamber pouches market are estimated to be worth USD 1.9 billion in 2021 and are anticipated to reach a value of USD 3.2 billion by 2031. Sales are projected to rise at a CAGR of 5.5% over the forecast period between 2021 and 2031. The revenue generated by vacuum chamber pouches in 2020 was USD 1.8 billion.
The sales of vacuum chamber pouches market are expected to reach millions of units, due to the rise in demand in the food & beverage sector. Vacuum chamber pouches is a type of packaging method that includes a sealing bag or a pouch separated into two sections and also includes the process of eliminating the excess air before sealing the bag.
The vacuum chamber pouches are primarily used to extend the shelf life of frozen, fresh foods and decrease the chances of contamination. The pouches present a single with dual section and a high visibility package. Moreover, the vacuum chamber pouches have a good moisture barrier property, does not crumple up, provides gas and also exhibits good resistance to puncture and tearing.
This packaging also exhibits excellent mechanical properties at low cost and thickness which makes it easier to carry around and also has great aroma retention power. All the mentioned features make the manufacturers prefer these unique packaging options to improve product efficiency and also creates a unique differentiation from the competitors. These attributes prompt the growth of the global vacuum chamber pouches market.
Global Vacuum Chamber Pouches Market Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 1.8 billion |
Estimated Size, 2021 | USD 1.9 billion |
Projected Size, 2031 | USD 3.2 billion |
Value-based CAGR (2021 to 2031) | 5.5% |
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Compared to the usual packaging solutions, vacuum chamber pouches bestows an added advantage of carrying and storing two different products and also allows an extended shelf life as it provides a barrier to air, UV light and retains the moisture inside the package. The vacuum chamber pouches also provide a flexible packaging solution that reduces the production cost, transportation cost and also acquires less space and minimizes the damages.
Owing to the speedy urbanization and a healthy growth rate in the pharmaceutical, and food & beverages industry is boosting the growth rate of the vacuum chamber pouches market.
The main challenges faced by the vacuum chambers pouches market are the initial production cost that is high as compared to the other packaging production. The demand of the modified atmosphere packaging market might hamper the growth of the vacuum chamber pouches market as the packaging is not quite resistant to temperature once the seal is opened.
Consumer preference for lightweight, re-closable packaging, portable, moisture resistant, recyclable products is attracting the attention of customers towards the vacuum chamber pouches. This is creating various opportunities for the manufacturers to provide unique packaging solutions that will make the customers switch from conventional packaging options to vacuum packaging.
These attributes create a better growth opportunity for the vacuum chamber pouches in the pharmaceutical industry owing to the advantages provided by the vacuum chamber pouches of storing two different items together without affecting the other item stored and maintaining the freshness too.
According to the Ministry of Food Processing Industries India, the food processing sector has an annual growth of 8.12%. Owing to the demand for pre-processing packaged food across the world due to the change in lifestyle and buying patterns of consumers the vacuum chamber pouches market is expected to grow at a high pace in the Asia Pacific market specifically India and China.
The growing consumption and availability of frozen or pre-processed foods even in the rural areas are benefiting the vacuum chamber market to grow tremendously. Key players are also looking for expansion of the business in the untapped market of the developing countries to attract customers and also benefits the business.
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Key players in the Asia Pacific region of the Vacuum Chamber Pouches Market:
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