Vacuum-Sealed Packaging Market

Vacuum-sealed Packaging Market Outlook

The vacuum-sealed packaging market is projected to be worth USD 13.2 billion in 2024. Vacuum-sealed packaging sales are anticipated to witness a CAGR of 4.3%, reaching USD 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	USD 13.2 billion
Market Value for 2034	USD 20.1 billion
Market CAGR from 2024 to 2034	4.3%

Decoding the Factors Driving Vacuum-sealed Packaging Adoption

• Vacuum-sealed packaging is becoming more widely used in sectors other than traditional ones, like electronics, pharmaceuticals, and industrial components. This diversification aids in the market expansion for vacuum-sealed packaging.
• The vacuum-sealed packaging demand is influenced by growing consumer knowledge of the advantages of vacuum-sealed packaging, such as enhanced product freshness and decreased food waste.
• The vacuum-sealed packaging market is expanding due to advancements in technology and packaging materials, which make it possible to create more affordable and environmentally friendly solutions.
• The adoption of vacuum-sealed packaging is growing due to increased awareness of food safety laws and the requirement to adhere to packaging standards, particularly in sectors where preserving product integrity is essential.

Factors Impacting the Growth of Vacuum-sealed Packaging

• Concerns about environmental sustainability may arise from the materials used in vacuum-sealed packaging, such as some plastic varieties. The vacuum-sealed packaging market is pressured to use more environmentally friendly products and lessen their environmental impact.
• Consumers need to comprehend the advantages of vacuum-sealed packaging fully. The technology's broad market acceptance may need to be improved by opinions that it is redundant and complex.
• Alternative packaging technologies and solutions that provide comparable advantages compete with the vacuum-sealed packaging market. The vacuum-sealed packaging industry must constantly innovate to remain competitive and meet changing demands.
• The equipment and materials required for vacuum-sealed packaging technology are often specialized, raising initial setup costs. The vacuum-sealed packaging startups might be reluctant to invest in these solutions.

Insights into the Vacuum-sealed Packaging Market's Past Performance from 2019 to 2023 and Future Trajectory from 2024 to 2034

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	USD 11.8 billion
Market Value for 2023	USD 12.7 billion
Market CAGR from 2019 to 2023	1.9%

Growth Avenues in the Vacuum-sealed Packaging Market

• The packaging industry has changed as a result of e-commerce's growth. To promote safe and effective delivery, vacuum-sealed packaging providers can customize their packaging solutions to meet the unique needs of the e-commerce industry.
• Vacuum-sealed packaging can help reduce food waste by delaying spoiling, especially in light of the current global focus on sustainability. The vacuum-sealed packaging manufacturers highlighting the environmental benefits and promoting eco-friendly packaging options can profit from this trend.
• Ongoing advancements in materials science present opportunities to develop more economical and environmentally friendly vacuum-sealed packaging solutions. To comply with consumer preferences for environmentally friendly packaging, businesses can investigate using recyclable and biodegradable materials. This boosts the sales of vacuum-sealed packaging solutions.

Category-wise Outlook

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.

Polyethylene Segment’s Leading Position in Vacuum-sealed Packaging Industry

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.

Food Segment Takes the Lead in Vacuum-sealed Packaging Sales

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.

Country-wise Analysis

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.

A Closer Look at the Growing Vacuum Packaging Market in the Asia Pacific

China Market Outlook

• The desire from consumers for better food safety and longer shelf lives is fueling the robust China market growth of vacuum-sealed packaging.
• A significant factor promoting the adoption of vacuum-sealed packaging is the growth of e-commerce in China, where online retailers give packaging solutions that improve product preservation during transit priority.
• China vacuum-sealed packaging manufacturers are looking into eco-friendly and sustainable vacuum-sealed packaging options in response to strict government regulations and public awareness of environmental issues.

India Market Outlook

• Due to the growing middle class, urbanization, and shifting lifestyles of consumers, the India vacuum-sealed packaging bag market is growing. There is an increasing demand for hygienic and convenient vacuum-sealed packaging options.
• With an emphasis on minimizing food waste and maintaining the freshness of perishable items, India's food and beverage sector is a significant driver of vacuum-sealed packaging.
• The regulatory environment in India and initiatives to advance a circular economy are pushing packaging producers to invest in cutting-edge, recyclable materials for vacuum-sealed containers.

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

• The market for vacuum-sealed packaging in Japan is fueled by a culture that places a premium on food safety, quality, and aesthetics. Customers are looking for packaging options that preserve their purchases' original flavor and texture.
• The demand for vacuum-sealed packaging is fueled by Japan's aging population, which coincides with a desire for more convenient portion sizes and longer shelf lives.
• The Japan market is shifting toward smart packaging technologies incorporating features like product freshness information and QR codes for traceability within the vacuum-sealed product category.

Australia Market Outlook

• The emphasis on export-oriented industries in Australia, particularly agriculture, where vacuum-sealed packaging helps preserve product quality during shipping, impacts the country's market.
• Australia vacuum-sealed packaging trends are shaped by a growing consciousness of sustainability and environmental impact, leading to a preference for environmentally friendly materials and packaging options.
• Australia's retail industry spearheads vacuum-sealed packaging, emphasizing protecting product integrity and improving the aesthetic appeal of products on shelves.

The Evolution of the Vacuum-sealed Packaging Sector in North America

Attributes	Details
North America Market Share	26.3%
United States Market CAGR	2.7%

United States Market Outlook

• The need for food packaging solutions with extended shelf lives and convenience is propelling the United States market growth of vacuum-sealed packaging.
• The United States is shifting toward vacuum-sealed packaging due to growing environmental concerns and a preference for sustainable packaging materials.
• Vacuum-sealed packaging is increasingly popular in the United States due mainly to the growth of e-commerce and the growing popularity of online grocery shopping.

Canada Market Outlook

• The vacuum-sealed packaging market in Canada is expanding steadily, driven by changing consumer demands for food products that are convenient and fresh.
• Regarding product safety, vacuum-sealed packaging is in high demand in the pharmaceutical and healthcare industries.
• The demand for vacuum-sealed packaging is driven by Canada's growing urbanization and busy lifestyles, as consumers look for quick and easy ways to store food.

Strategic Market Insights into Vacuum-Sealed Packaging for Europe

Attributes	Details
Europe Market Share	22.7%

Germany Market Outlook

• The Germany vacuum-sealed packaging market is propelled by a robust industrial sector that prioritizes packaging efficiency and preservation.
• Germany vacuum-sealed packaging industry is distinguished by an increasing need for environmentally friendly packaging options, consistent with the nation's high level of environmental consciousness.
• Advancements in vacuum-sealed packaging techniques are becoming popular in Germany as companies look for creative and economical ways to solve problems.

Attributes	Details
United Kingdom Market CAGR	4.3%
Germany Market CAGR	3%

United Kingdom Market Outlook

• The vacuum-sealed packaging market in the United Kingdom indicates a trend toward convenience, as customers value time- and effort-saving packaging options.
• In response to growing environmental concerns, the United Kingdom's vacuum-sealed packaging market focuses heavily on sustainability, driving the adoption of eco-friendly vacuum-sealed packaging options.
• Brexit has impacted the United Kingdom's packaging trends, focusing on using cutting-edge vacuum-sealed packaging techniques to maximize supply chain efficiency and minimize waste.

Competitive Analysis

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.

Pivotal Vacuum-sealed Packaging 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.

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Materials
  • 5.1. Polyethylene
  • 5.2. Polypropylene
  • 5.3. Polyamide
  • 5.4. Ethylene Vinyl Alcohol
  • 5.5. Polyethylene terephthalate
  • 5.6. Other Plastics
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
  • 6.1. Pouches & bags
  • 6.2. Films
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
  • 7.1. Food
  • 7.2. Non-Food
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Europe
  • 8.4. East Asia
  • 8.5. South Asia
  • 8.6. Oceania
  • 8.7. MEA
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Sealed Air Corporation
  • 18.2. Amcor plc
  • 18.3. Berry Global Group
  • 18.4. Schur Flexibles Holding GesmbH
  • 18.5. Winpak Ltd.
  • 18.6. Klöckner Pentaplast
  • 18.7. Allfo GmbH & Co. KG
  • 18.8. The Vacuum Pouch Company Ltd.
  • 18.9. Plastissimo Film Co., Ltd.
  • 18.10. Plastopil Hazorea Company Ltd.
  • 18.11. Coveris Holdings S.A.
  • 18.12. Nemco Machinery A/S
• 19. Assumptions & Acronyms Used
• 20. Research Methodology