The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for packaged food products is likely to spur innovation in vacuum packaging manufacturing, propelling the market during the forecast period.

The global vacuum packaging market is expected to grow from $29.57 billion in 2022 to $30.95 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The vacuum packaging market is expected to grow to $38.21 billion in 2027 at a CAGR of 5.4%.

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Global Vacuum Packaging Market Segments Include:

• By Machinery Types: External Vacuum Sealers, Thermoformers, Tray-Sealing Machines, and Other Machines
• By Pack type: Rigid Packaging, Semi-rigid Packaging, Flexible Packaging
• By Process: Skin Vacuum Packaging, Shrink Vacuum Packaging, Other Processes
• By Materials: Polyethylene, Polypropylene, Polyamide, Ethylene, Vinyl Alcohol, and Other Materials
• By End-user: Food, Pharmaceuticals, Industrial Goods, Other End-users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global vacuum packaging market in 2021.

Major Market Players in the vacuum packaging market include Berry Plastics Corporation, CVP Systems Inc., Linpac Packaging Limited, Coveris Holding S.A., Amcor Group, Ulma Packaging, Orics Industries Inc., Multisorb Technologies Inc., Sealed Air Corporation.

Technological advancement is a major trend that is gaining traction in the vacuum packaging industry. Major vacuum packaging businesses are focusing on developing leak detection systems to decrease such leaks and prevent food deterioration. Such developments allow important industry participants to obtain a competitive advantage. For example, Ametek Mocon, a packaging and container manufacturing firm based in the United States, will release the Dansensor Lippke VC1400 in April 2021. Leaks in flexible, semi-rigid, and stiff packaging are detected by the system. This new system has a user-friendly graphical user interface that allows for simple and intuitive data capture, storage, and export. It is vacuum-based technology that is suited for methylene blue dye testing, detecting when the package is damaged fast.

The Vacuum Packaging Global Market Report 2023  provides a vacuum packaging market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The vacuum packaging market forecast analyzes vacuum packaging market size, vacuum packaging market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Vacuum packaging is the process of eliminating air from a package before sealing it. This eliminates oxygen by inhibiting oxygen-caused chemical reactions that degrade food. The main goal is to keep food fresh for up to 3-5 times longer than typical storage methods.

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