[222+ Pages Report] According to Facts and Factors, the global vacuum packaging market size was around USD 7.46 billion in 2022 and is anticipated to reach USD 11.24 billion by the end of 2030. The vacuum packaging industry is expected to grow with a CAGR of 5.30% between 2023-2030.
Vacuum packaging refers to the packaging solution in which the air is completely removed from the package to create a vacuum, therefore, resulting in the higher protection and preservation of the products. However, the process involves sophisticated machinery, packaging material, etc. Vacuum packaging solutions help maintain the texture, flavor, and freshness of the food products by preventing their exposure to oxygen.
The increasing demand for convenience food and ready-to-eat meals all across the globe is significantly propelling the demand for vacuum packaging. Processed food needs a longer shelf life and appropriate packaging. Therefore, vacuum packaging has emerged as an ideal solution to meet their surging requirements.
Also, vacuum-sealed pouches offer high convenience and portion control features to the customers. Moreover, it is easy to store and preserve pre-packed meals or leftovers with vacuum packaging. Such features of vacuum packaging are ideal to cater to a changing lifestyle for consumers, which in turn is expected to accentuate the growth of the global vacuum packaging market during the forecast period.
For instance, Arvid Nordquist, a Swedish roaster, in August 2023, collaborated with packaging business Syntegon with the help of vacuum packaging technology to eliminate CO2 emissions.
Each material has its own properties and compatibility. Therefore, the choice of packaging material plays a crucial role in vacuum packaging. However, it restricts the growth of the global vacuum packaging industry as not all materials are ideal for food packaging and other purposes.
Also, industrial products require some special packaging material to avoid damaging products. The increasing competition in the market is likely to reduce the profit margins of manufacturers which will further slowdown the growth trajectory of the market.
Manufacturers are utilizing vacuum packaging solutions for customization and branding. Such packaging solutions allow them to come up with unique branding strategies that help companies differentiate their product and position them accordingly in the global vacuum packaging marketplace. For instance, Mondi partnered with Handl Tyrol in September 2022 to innovate a novel mono-material polypropylene (PP). It is said to be the high-barrier solution for bacon.
The government has updated regulations regarding food safety and packaging. Therefore, keeping up with the updated regulations is challenging for the companies operating in the vacuum packaging industry. Also, the non-compliance results in legal issues and high penalties. Additionally, the environmental impact of packaging material is a huge concern. Proper disposal and sustainable packaging are major concerns in the market.
The global vacuum packaging market can be segmented into material, product type, end users, machinery, process, packaging type, and region.
By material, the market can be segmented into polyethylene, polypropylene, polyamide, ethylene vinyl alcohol, polyethylene terephthalate, and other plastics. The polyethylene segment is estimated to remain lucrative during the forecast period. Polyethylene is a widely chosen packaging material by vacuum packaging manufacturers because of its features like barrier protection, excellent sealing, clear product visibility, and several others.
Polyethylene is commonly used for packaging poultry, meat, and other food products. However, the polypropylene segment is also expected to grow steadily in the coming years in both food and non-food applications. The material offers heat resistance, stiffness, and good clarity of the product, and therefore, it is the second most commonly used material in the vacuum packaging industry.
By product type, the market can be segmented into films and pouches & bags. The film segment is projected to swipe the largest market share in the global vacuum packaging market. Film packaging refers to the large rolls or sheets of flexible packaging material utilized for custom-sized vacuum-sealed packaging. These films are ideal, particularly for irregular or large items. The films come in various thicknesses and materials like polyamide, polypropylene, polyethene, and others.
By end users, the market can be segmented into industrial goods, pharmaceuticals, food, and others. The food sector is the fastest-growing segment of the vacuum packaging industry because the food industry is the primary end user of vacuum packaging.
The food industry uses vacuum packaging to extend the shelf life, reduce food wastage, and maintain the freshness of the food products. Vacuum packaging has a wide range of applications in the food sectors, like the packaging of dairy products, poultry, meat, seafood, fruits, vegetables, and other processed food items.
By machinery, the market can be segmented into tray sealing machines, external vacuum sealers, thermoformers, and others. The thermoformer segment is likely to lead the vacuum packaging industry in the forthcoming years due to its adaptability, efficiency, and versatility to various product types.
These machines are good at innovative custom-design packaging, which is highly required by end users. Additionally, the shaping material also fits accurately to the contours of the products and thereby ensures improved presentation and optimal protection.
By process, the market can be segmented into shrink vacuum packaging, skin vacuum packaging, and others. The skin vacuum packaging segment is expected to register notable growth in the global vacuum packaging market during the forecast period.
Skin vacuum packaging is a specialized process that helps form fitting and tight packaging to adhere closely to the borders of the item. It helps in offering an effective oxygen barrier and extending the shelf life of products while maintaining their visual appeal.
By packaging type, the market can be segmented into rigid packaging, semi-rigid packaging, and flexible packaging. The flexible packaging segment is anticipated to grow expeditely in the global vacuum packaging industry in the forthcoming years. Flexible packaging offers customization, which helps manufacturers get an ideal solution that fits their product’s shape, size, and other requirements.
Flexible packaging enhances branding opportunities and shelf appeal; therefore, the segment is likely to see immense growth in the coming years. Additionally, they are light in weight and also lower the transportation cost, which further benefits end users.
Market Size in 2022
USD 7.46 Billion
Projected Market Size in 2030
USD 11.24 Billion
CAGR Growth Rate
Key Market Players
Amcor plc, Sealed Air Corporation, Cryovac Inc., Multivac Group, Henkelman, Ulma Packaging, Webomatic, DZ Pack, Ilpra Systems, Accu-Seal Corporation, ARPAC LLC, Bizerba, Henan Huafood Machinery Technology Co., Ltd, Dadaux SAS, Webomatic, Minipack-Torre, Orved, PAC Machinery, and Others.
By Material, BBy Product Type , By End Users, By Machinery, By Process, By Packaging Type, and Region
Major Regions Covered
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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North America is projected to grow with a high CAGR during the forecast period because of its dynamic nature and highly evolving sectors within the packaging industry. The region includes the bulk usage, production, and distribution of vacuum packaging machinery, equipment, and other materials.
Therefore, the region is likely to hold immense potential for the vacuum packaging industry. However, the domination of the food industry in the region is one of the major factors driving the growth of the regional market. Vacuum packaging helps preserve and maintain the quality and freshness of a wide range of food products, and therefore, it is in high demand in the region.
Asia Pacific is likely to experience significant growth in the coming years because of the presence of a diverse population and fast expansion of the food and beverage industry in the region. Moreover, the high growth rate of urbanization and industrialization is further raising the living standards of the people along with their disposable income, which in turn has significantly increased consumer awareness regarding food safety and their shelf life.
Therefore, such a landscape is likely to widen the scope of the vacuum packaging industry in the region. For instance, SEE successfully acquired Liquidbox in February 2023 to accelerate CRYOVAC brand fluids and liquid business. Liquidbox is a big bag-in-box dispensing and packaging solution.
The key players in the global vacuum packaging market include:
For instance, Stora Enso came up with the Trayforma Barrpeel in April 2023. It is an innovative, easy peeling board solution that helps in allowing the packing of fresh food using recycled paperboard trays.
The global vacuum packaging market is segmented as follows:
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