Vacuum Packaging Market Size, Share, Trends, Growth Outlook

The global Vacuum Packaging Market is poised to register a 4.6% CAGR from $8.8 Billion in 2024 to $11.5 Billion in 2030.

The global Vacuum Packaging Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Food, Pharmaceuticals, Industrial Goods, Others), By Packaging Material (Polyethylene, Polyamide, Ethylene Vinyl Alcohol, Others), By Machinery (Thermoforms, External Vacuum Sealers, Tray Sealing Machines, Others), By Process (Skin Vacuum Packaging, Shrink Vacuum Packaging, Others), By Pack Type (Flexible Packaging, Semi-Rigid Packaging, Rigid Packaging).

An Introduction to Global Vacuum Packaging Market in 2024

The vacuum packaging market is witnessing significant growth driven by the increasing demand for extended shelf life, food safety, and convenience in the food and beverage industry. Key trends shaping the future of the industry include the growing adoption of vacuum packaging for perishable foods, ready-to-eat meals, and convenience products to preserve freshness, flavor, and nutritional value while reducing food waste and packaging materials. Moreover, there's a rising emphasis on sustainability and recyclability, leading to innovations in vacuum packaging materials, barrier properties, and packaging formats to minimize environmental impact and meet regulatory requirements. Additionally, advancements in vacuum sealing equipment, automation, and smart packaging technologies are driving innovation and market differentiation, enabling manufacturers to offer efficient, user-friendly, and cost-effective solutions for diverse food packaging needs and market segments. However, challenges such as packaging integrity, equipment reliability, and consumer education also influence the vacuum packaging market's trajectory, requiring collaboration among stakeholders to address technical barriers and promote wider adoption of vacuum packaging solutions in the global food packaging industry.

Vacuum Packaging Market Competitive Landscape

The market report analyses the leading companies in the industry including Amcor Ltd, Berry Global Inc, Coveris Holdings S.A., Dow Inc, Klockner Pentaplast Group, M&Q Packaging LLC, Mondi Group, Plastopil Ltd, Sealed Air Corp, Swiss Pac Pvt Ltd.

Vacuum Packaging Market Dynamics

Vacuum Packaging Market Trend: Surge in Demand for Extended Shelf-life and Food Safety Solutions

The most prominent market trend for vacuum packaging is the surge in demand for extended shelf-life and food safety solutions. With increasing consumer awareness about food quality, safety, and convenience, there is a growing preference for packaged foods that offer longer shelf-life and maintain freshness for extended periods. Vacuum packaging, known for its ability to remove air and create a protective barrier around food products, helps preserve the freshness, flavor, and nutritional value of perishable items while inhibiting microbial growth and reducing the risk of foodborne illnesses. This trend is driven by changing consumer lifestyles, busy schedules, and the desire for convenient meal options, driving the adoption of vacuum packaging across various food segments including meats, seafood, dairy products, and ready-to-eat meals.

Vacuum Packaging Market Driver: Stringent Regulatory Standards and Food Industry Compliance

A key market driver for vacuum packaging is stringent regulatory standards and food industry compliance requirements. Governments worldwide have implemented strict regulations and guidelines to ensure food safety, hygiene, and quality throughout the supply chain. Vacuum packaging plays a crucial role in meeting these standards by providing an effective barrier against oxygen, moisture, and contaminants that can compromise food integrity and safety. Food manufacturers, processors, and retailers are obligated to comply with regulations such as HACCP (Hazard Analysis and Critical Control Points) and FDA (Food and Drug Administration) guidelines, driving the adoption of vacuum packaging as a reliable method for extending product shelf-life, reducing food waste, and ensuring compliance with food safety regulations.

Vacuum Packaging Market Opportunity: Expansion into Non-food Applications and Industrial Packaging

An exciting opportunity in the vacuum packaging market lies in the expansion into non-food applications and industrial packaging. While vacuum packaging is predominantly associated with food preservation, there is growing potential to leverage its benefits in other industries such as pharmaceuticals, electronics, and industrial goods. Vacuum packaging can be used to protect sensitive electronic components, medical devices, and industrial equipment from moisture, dust, and damage during storage and transportation. By targeting non-food sectors, vacuum packaging manufacturers can diversify their product offerings, expand their customer base, and capitalize on the growing demand for protective packaging solutions in various industries. Additionally, advancements in vacuum packaging technology, such as the development of barrier films, vacuum chambers, and sealing equipment, can further enhance performance and customization options for non-food applications, creating opportunities for innovation and market differentiation in industrial packaging solutions. This opportunity allows vacuum packaging companies to explore new revenue streams, address niche market needs, and establish themselves as trusted providers of packaging solutions beyond the food industry.

Vacuum Packaging Market Share Analysis: Food segment generated the highest revenue in the industry

The largest segment in the Vacuum Packaging Market is the Food segment. This dominance can be attributed to diverse factors. The the food industry is vast and encompasses various subsectors such as fresh produce, meat, dairy, and ready-to-eat meals, all of which require efficient packaging solutions to maintain freshness, extend shelf life, and prevent spoilage. Vacuum packaging offers an effective method to achieve these objectives by removing oxygen from the packaging environment, thereby slowing down the oxidation process and inhibiting the growth of spoilage microorganisms. Additionally, vacuum packaging helps preserve the nutritional quality and flavor of food products, enhancing their appeal to consumers. With increasing consumer demand for convenience foods, pre-packaged meals, and extended shelf life products, the food segment continues to drive significant growth in the vacuum packaging market. In addition, stringent regulations regarding food safety and hygiene further propel the adoption of vacuum packaging solutions in the food industry, cementing its position as the largest segment in the market.

Vacuum Packaging Market Share Analysis: Ethylene Vinyl Alcohol (EVOH) Segment is poised to register the fastest growth rate (CAGR) over the forecast period to 2030

The fastest-growing segment in the Vacuum Packaging Market is Ethylene Vinyl Alcohol (EVOH). This segment is experiencing rapid growth due to diverse key factors. The Ethylene Vinyl Alcohol (EVOH) offers exceptional barrier properties against gases such as oxygen and moisture, making it highly suitable for vacuum packaging applications where extending shelf life and preserving product freshness are critical. Compared to other packaging materials like polyethylene and polyamide, EVOH provides superior protection against oxygen ingress, thereby enhancing the quality and shelf life of packaged goods, especially perishable food items and pharmaceutical products. Additionally, EVOH is increasingly favored for its versatility, as it can be easily co-extruded or laminated with other materials to create multi-layer packaging structures tailored to specific product requirements. With growing consumer demand for packaged goods with extended shelf life, coupled with increasing awareness regarding food safety and sustainability, the demand for EVOH-based vacuum packaging solutions is expected to continue surging, driving significant growth in this segment of the market.

Vacuum Packaging Market Share Analysis: Thermoforms Segment is poised to register the fastest growth rate (CAGR) over the forecast period to 2030

The fastest-growing segment in the Vacuum Packaging Market is Thermoforms. Thermoforming machinery is experiencing rapid growth due to diverse key factors. The thermoforming technology offers versatility and flexibility in packaging design, allowing for the production of customized packaging solutions tailored to the specific needs of various industries such as food, pharmaceuticals, and consumer goods. Thermoforming machines can accommodate a wide range of packaging materials, including rigid plastics like PET, PVC, and PS, as well as flexible films, offering manufacturers greater flexibility in choosing materials that best suit their products. Additionally, thermoforming machines are capable of high-speed production, making them ideal for large-scale manufacturing operations where efficiency and productivity are paramount. In addition, advancements in thermoforming technology, such as improved automation, faster cycle times, and enhanced precision, have further fueled the adoption of thermoforming machinery in the vacuum packaging market. With increasing demand for efficient, cost-effective, and versatile packaging solutions, thermoforming segment is poised for significant growth in the coming years.

Vacuum Packaging Market Report Segmentation

By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging
Regions Included
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Vacuum Packaging Companies Profiled in the Market Study

Amcor Ltd
Berry Global Inc
Coveris Holdings S.A.
Dow Inc
Klockner Pentaplast Group
M&Q Packaging LLC
Mondi Group
Plastopil Ltd
Sealed Air Corp
Swiss Pac Pvt Ltd
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Vacuum Packaging Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Vacuum Packaging Market Size Outlook, $ Million, 2021 to 2030
3.2 Vacuum Packaging Market Outlook by Type, $ Million, 2021 to 2030
3.3 Vacuum Packaging Market Outlook by Product, $ Million, 2021 to 2030
3.4 Vacuum Packaging Market Outlook by Application, $ Million, 2021 to 2030
3.5 Vacuum Packaging Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Vacuum Packaging Industry
4.2 Key Market Trends in Vacuum Packaging Industry
4.3 Potential Opportunities in Vacuum Packaging Industry
4.4 Key Challenges in Vacuum Packaging Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Vacuum Packaging Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Vacuum Packaging Market Outlook by Segments
7.1 Vacuum Packaging Market Outlook by Segments, $ Million, 2021- 2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

8 North America Vacuum Packaging Market Analysis and Outlook To 2030
8.1 Introduction to North America Vacuum Packaging Markets in 2024
8.2 North America Vacuum Packaging Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Vacuum Packaging Market size Outlook by Segments, 2021-2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

9 Europe Vacuum Packaging Market Analysis and Outlook To 2030
9.1 Introduction to Europe Vacuum Packaging Markets in 2024
9.2 Europe Vacuum Packaging Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Vacuum Packaging Market Size Outlook by Segments, 2021-2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

10 Asia Pacific Vacuum Packaging Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Vacuum Packaging Markets in 2024
10.2 Asia Pacific Vacuum Packaging Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Vacuum Packaging Market size Outlook by Segments, 2021-2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

11 South America Vacuum Packaging Market Analysis and Outlook To 2030
11.1 Introduction to South America Vacuum Packaging Markets in 2024
11.2 South America Vacuum Packaging Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Vacuum Packaging Market size Outlook by Segments, 2021-2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

12 Middle East and Africa Vacuum Packaging Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Vacuum Packaging Markets in 2024
12.2 Middle East and Africa Vacuum Packaging Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Vacuum Packaging Market size Outlook by Segments, 2021-2030
By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Amcor Ltd
Berry Global Inc
Coveris Holdings S.A.
Dow Inc
Klockner Pentaplast Group
M&Q Packaging LLC
Mondi Group
Plastopil Ltd
Sealed Air Corp
Swiss Pac Pvt Ltd

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Food
Pharmaceuticals
Industrial Goods
Others
By Packaging Material
Polyethylene
Polyamide
Ethylene Vinyl Alcohol
Others
By Machinery
Thermoforms
External Vacuum Sealers
Tray Sealing Machines
Others
By Process
Skin Vacuum Packaging
Shrink Vacuum Packaging
Others
By Pack Type
Flexible Packaging
Semi-Rigid Packaging
Rigid Packaging
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)