The vacuum-sealed packaging market is projected to be worth US$ 13.2 billion in 2024. Vacuum-sealed packaging sales are anticipated to witness a CAGR of 4.3%, reaching US$ 20.1 billion by 2034.
The demand for vacuum-sealed packaging has evolved steadily due to rising consumer demand for longer product shelf lives, better product freshness and preservation. Enhancing consumer consciousness regarding sustainability and reducing food waste promotes the adoption of vacuum-sealed packaging.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 13.2 billion |
Market Value for 2034 | US$ 20.1 billion |
Market CAGR from 2024 to 2034 | 4.3% |
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The vacuum-sealed packaging market expanded rapidly between 2019 and 2023, primarily due to rising consumer demand for longer product shelf lives and freshness preservation. Technological and material innovations were crucial in raising the efficiency of the vacuum-sealed packaging bag market.
The vacuum-sealed packaging machine market's future is likely to be shaped by developments expected in environmentally friendly packaging materials and increased consciousness of environmental impact.
Expanding consumer preferences for convenience and health-conscious options are anticipated to dominate the vacuum-sealed packaging industry, making it an essential vendor in the global packaging landscape.
Attributes | Details |
---|---|
Market Value for 2019 | US$ 11.8 billion |
Market Value for 2023 | US$ 12.7 billion |
Market CAGR from 2019 to 2023 | 1.9% |
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The segmented market analysis of vacuum-sealed packaging is included in the following subsection. Based on comprehensive studies, the polyethylene (PE) sector is leading the material category, and the food segment is commanding the end-use category.
Due to its advantageous and versatile properties, the polyethylene (PE) segment is projected to take over the vacuum-sealed packaging sales. Its widespread availability and ease of processing add to its appeal for applications involving vacuum-sealed packaging.
Leading Segment | Polyethylene (PE) |
---|---|
Segment Share | 41.7% |
The polyethylene segment is predicted to retain the lead in the market. Due to its advantageous attributes and flexibility in meeting packaging needs, industries increasingly emphasize dependable and efficient packaging solutions.
The food segment is expected to lead the sales of vacuum-sealed packaging, demonstrating its superiority over the non-food segment. The importance of vacuum-sealed packaging in maintaining and prolonging the shelf life of perishable food items is the reason behind the trend.
Leading Segment | Food |
---|---|
Segment Share | 48.9% |
The food industry has seen a sharp increase in demand for vacuum-sealed packaging as consumers value freshness and convenience more. Given the continued focus on food sustainability and preservation, the food segment's dominance in sales of vacuum-sealed packaging highlights that it is crucial to meet demand.
The vacuum-sealed packaging market can be observed in the subsequent tables, focusing on the leading economies in North America, Europe, and Asia Pacific. A comprehensive evaluation demonstrates that Asia Pacific has enormous opportunities due to its resilient vacuum-sealed packaging manufacturers.
China Market Outlook
India Market Outlook
Attributes | Details |
---|---|
India Market CAGR | 5.7% |
Japan Market CAGR | 3.5% |
Australia Market CAGR | 3.9% |
China Market CAGR | 4.9% |
Japan Market Outlook
Australia Market Outlook
Attributes | Details |
---|---|
North America Market Share | 26.3% |
United States Market CAGR | 2.7% |
United States Market Outlook
Canada Market Outlook
Attributes | Details |
---|---|
Europe Market Share | 22.7% |
Germany Market Outlook
Attributes | Details |
---|---|
United Kingdom Market CAGR | 4.3% |
Germany Market CAGR | 3% |
United Kingdom Market Outlook
The vacuum-sealed packaging industry is characterized by fierce competition, with significant players emphasizing sustainability and innovation. To increase their global footprint and diversify their product offerings, vacuum-sealed packaging vendors strongly emphasize strategic alliances, mergers, and acquisitions. Market expansion for vacuum-sealed packaging is driven by rising consumer demand for food preservation products and extended shelf lives.
Due to strict food safety and quality regulations, vacuum-sealed packaging is becoming prevalent in various industries. Steady technological progress and an increasing focus on environmentally friendly packaging options heighten competition in the ever-changing vacuum-sealed packaging market. This creates a scene characterized by ongoing change and calculated moves from key vacuum-sealed packaging suppliers.
Notable Breakthroughs
Company | Details |
---|---|
Amcor plc | In August 2022, Amcor plc expanded its European presence by purchasing a cutting-edge flexible packaging facility in the Czech Republic. |
Klockner Pentaplast | By adding rPET/PET capacity to its Beaver location in April 2022, Klockner Pentaplast increased its power and potentially aided the company's growth in the North American market for sustainable healthcare and food packaging. |
The vacuum-sealed packaging machine market is to secure a valuation of US$ 13.2 billion in 2024.
The vacuum-sealed packaging bag market is estimated to reach US$ 20.1 billion by 2034.
Through 2034, the vacuum-sealed packaging industry is anticipated to expand at a 4.3% CAGR.
From 2019 to 2023, the vacuum-sealed packaging system market registered a 1.9% CAGR.
The polyethylene (PE) sector is set to achieve a market share of 41.7%.
A 48.9% market share is expected for the food sector.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Materials 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Materials, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Materials, 2024 to 2034 5.3.1. Polyethylene 5.3.2. Polypropylene 5.3.3. Polyamide 5.3.4. Ethylene Vinyl Alcohol 5.3.5. Polyethylene terephthalate 5.3.6. Other Plastics 5.4. Y-o-Y Growth Trend Analysis By Materials, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Materials, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Type, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Type, 2024 to 2034 6.3.1. Pouches & bags 6.3.2. Films 6.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024 to 2034 7.3.1. Food 7.3.2. Non-Food 7.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Materials 9.2.3. By Product Type 9.2.4. By End Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Materials 9.3.3. By Product Type 9.3.4. By End Use 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Rest of Latin America 10.2.2. By Materials 10.2.3. By Product Type 10.2.4. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Materials 10.3.3. By Product Type 10.3.4. By End Use 10.4. Key Takeaways 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. UK 11.2.1.5. Spain 11.2.1.6. Russia 11.2.1.7. BENELUX 11.2.1.8. Rest of Europe 11.2.2. By Materials 11.2.3. By Product Type 11.2.4. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Materials 11.3.3. By Product Type 11.3.4. By End Use 11.4. Key Takeaways 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Materials 12.2.3. By Product Type 12.2.4. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Materials 12.3.3. By Product Type 12.3.4. By End Use 12.4. Key Takeaways 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Materials 13.2.3. By Product Type 13.2.4. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Materials 13.3.3. By Product Type 13.3.4. By End Use 13.4. Key Takeaways 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Materials 14.2.3. By Product Type 14.2.4. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Materials 14.3.3. By Product Type 14.3.4. By End Use 14.4. Key Takeaways 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC 15.2.1.2. Rest of MEA 15.2.2. By Materials 15.2.3. By Product Type 15.2.4. By End Use 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Materials 15.3.3. By Product Type 15.3.4. By End Use 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2023 16.1.2.1. By Materials 16.1.2.2. By Product Type 16.1.2.3. By End Use 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2023 16.2.2.1. By Materials 16.2.2.2. By Product Type 16.2.2.3. By End Use 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2023 16.3.2.1. By Materials 16.3.2.2. By Product Type 16.3.2.3. By End Use 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2023 16.4.2.1. By Materials 16.4.2.2. By Product Type 16.4.2.3. By End Use 16.5. Argentina 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2023 16.5.2.1. By Materials 16.5.2.2. By Product Type 16.5.2.3. By End Use 16.6. Germany 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2023 16.6.2.1. By Materials 16.6.2.2. By Product Type 16.6.2.3. By End Use 16.7. Italy 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2023 16.7.2.1. By Materials 16.7.2.2. By Product Type 16.7.2.3. By End Use 16.8. France 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2023 16.8.2.1. By Materials 16.8.2.2. By Product Type 16.8.2.3. By End Use 16.9. UK 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2023 16.9.2.1. By Materials 16.9.2.2. By Product Type 16.9.2.3. By End Use 16.10. Spain 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2023 16.10.2.1. By Materials 16.10.2.2. By Product Type 16.10.2.3. By End Use 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2023 16.11.2.1. By Materials 16.11.2.2. By Product Type 16.11.2.3. By End Use 16.12. BENELUX 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2023 16.12.2.1. By Materials 16.12.2.2. By Product Type 16.12.2.3. By End Use 16.13. China 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2023 16.13.2.1. By Materials 16.13.2.2. By Product Type 16.13.2.3. By End Use 16.14. Japan 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2023 16.14.2.1. By Materials 16.14.2.2. By Product Type 16.14.2.3. By End Use 16.15. South Korea 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2023 16.15.2.1. By Materials 16.15.2.2. By Product Type 16.15.2.3. By End Use 16.16. India 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2023 16.16.2.1. By Materials 16.16.2.2. By Product Type 16.16.2.3. By End Use 16.17. Thailand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2023 16.17.2.1. By Materials 16.17.2.2. By Product Type 16.17.2.3. By End Use 16.18. Malaysia 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2023 16.18.2.1. By Materials 16.18.2.2. By Product Type 16.18.2.3. By End Use 16.19. Indonesia 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2023 16.19.2.1. By Materials 16.19.2.2. By Product Type 16.19.2.3. By End Use 16.20. Australia 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2023 16.20.2.1. By Materials 16.20.2.2. By Product Type 16.20.2.3. By End Use 16.21. New Zealand 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2023 16.21.2.1. By Materials 16.21.2.2. By Product Type 16.21.2.3. By End Use 16.22. GCC Countries 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2023 16.22.2.1. By Materials 16.22.2.2. By Product Type 16.22.2.3. By End Use 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Materials 17.3.3. By Product Type 17.3.4. By End Use 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Sealed Air Corporation 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Amcor plc 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Berry Global Group 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Schur Flexibles Holding GesmbH 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Winpak Ltd. 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Klöckner Pentaplast 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Allfo GmbH & Co. KG 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Nemco Machinery A/S 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Plastissimo Film Co., Ltd. 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Plastopil Hazorea Company Ltd. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Coveris Holdings S.A. 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 18.1.12. The Vacuum Pouch Company Ltd. 18.1.12.1. Overview 18.1.12.2. Product Portfolio 18.1.12.3. Profitability by Market Segments 18.1.12.4. Sales Footprint 18.1.12.5. Strategy Overview 18.1.12.5.1. Marketing Strategy 18.1.12.5.2. Product Strategy 18.1.12.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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