Vacuum Packaging Market Share

ID: MRFR/PCM/1575-CR

111 Pages

Snehal Singh

December 2024

Vacuum Packaging Market Research Report: By Application (Food Packaging, Medical Packaging, Consumer Products Packaging, Electronics Packaging), By Type (Flexible Packaging, Rigid Packaging, Pouches, Vacuum Bags), By Material (Plastic, Paper, Metal, Glass), By End Use Industry (Food and Beverage, Healthcare, Electronics, Industrial) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

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Summary Table of Contents Segmentation Download PDF

Market Share

Introduction: Navigating the Competitive Landscape of Vacuum Packaging

The vacuum-packaging market is undergoing a change of direction, accelerated by the rapid spread of technology and by changing consumer expectations for convenience and the environment. The main players, such as manufacturers, IT companies and new AI companies, are competing fiercely for the leadership, using advanced technologies such as data analysis, automation and the Internet of Things. These innovations not only enhance the efficiency of the production process, but also provide real-time data on the changing needs of consumers. Also, the government’s push for the development of more sustainable packaging solutions has increased the pressure on producers to invest in green technology, further intensifying competition. Looking ahead to 2024–25, the vacuum-packaging market is expected to grow rapidly, especially in North America and the Asia-Pacific region, and the strategic use of smart packaging will change the market structure. The vacuum-packaging industry must therefore be ready to respond to the changing trends in order to maintain its competitive edge.

Competitive Positioning

Full-Suite Integrators

These vendors offer comprehensive solutions encompassing various aspects of vacuum packaging, from machinery to materials.

Vendor	Competitive Edge	Solution Focus	Regional Focus
Sealed Air Corporation	Innovative packaging solutions	Integrated packaging systems	Global
Amcor	Sustainable packaging innovations	Flexible and rigid packaging	Global
Berry	Diverse product portfolio	Flexible packaging solutions	North America, Europe
Winpak	High-quality packaging materials	Flexible and rigid packaging	North America

Specialized Technology Vendors

These vendors focus on specific technologies or equipment that enhance vacuum packaging processes.

Vendor	Competitive Edge	Solution Focus	Regional Focus
Vacuum Packaging Systems	Customizable vacuum solutions	Vacuum sealing technology	North America
KHS GmbH	Advanced automation capabilities	Packaging machinery	Europe, Asia
TNA Solutions	End-to-end packaging solutions	Packaging and processing equipment	Global
Reiser	Expertise in food packaging	Vacuum packaging systems	North America

Infrastructure & Equipment Providers

These vendors supply essential equipment and materials that support vacuum packaging operations.

Vendor	Competitive Edge	Solution Focus	Regional Focus
Fowlers Vacuum Packaging	Specialized in vacuum solutions	Vacuum packaging equipment	Australia, New Zealand
Clondalkin Group	Focus on flexible packaging	Packaging materials	Europe, North America
Coveris	Sustainable packaging options	Flexible packaging solutions	Europe, North America
Multivac	Comprehensive packaging solutions	Packaging machinery and materials	Global
Eagle Flexible Packaging	Custom flexible packaging	Flexible packaging solutions	North America
Paxiom	Versatile packaging systems	Packaging machinery	North America, Europe
Schneider Packaging Equipment	Innovative automation solutions	Packaging equipment	North America

Emerging Players & Regional Champions

PackTech (USA): Specializes in eco-friendly vacuum packaging solutions, recently secured a contract with a major organic food distributor, challenging established vendors by focusing on sustainability and reducing plastic waste.
VacuumSeal Innovations (Germany): Offers advanced vacuum sealing technology for industrial applications, recently implemented systems in several automotive parts manufacturers, complementing traditional packaging solutions with enhanced efficiency.
FlexiPack Solutions (India): Focuses on customizable vacuum packaging for small to medium enterprises, recently partnered with local food producers to enhance shelf life, providing a cost-effective alternative to larger players.
EcoVac (Australia): Develops biodegradable vacuum packaging materials, recently launched a pilot program with a leading supermarket chain, positioning itself as a challenger to conventional plastic packaging providers.

Regional Trends: In 2023, there is a significant shift in the vacuum packaging market towards the use of sustainable and biodegradable materials, especially in North America and Europe. Emerging players are able to offer industry-focused solutions by using technological innovations, while the established players are faced with the need to constantly change and adapt to the changing preferences of consumers. Regional champions are also emerging, which focus on establishing local alliances to optimize supply chain efficiency and reduce carbon footprints.

Collaborations & M&A Movements

Sealed Air Corporation and Multivac formed a partnership to develop innovative vacuum packaging solutions aimed at enhancing food safety and extending shelf life, thereby strengthening their competitive positioning in the food packaging sector.
Berry Global acquired the vacuum packaging division of Pregis in mid-2023 to expand its product offerings and market share in the sustainable packaging segment, responding to increasing consumer demand for eco-friendly solutions.
Amcor and Tetra Pak entered into a collaboration to create advanced vacuum packaging technologies that reduce food waste and improve recyclability, positioning both companies as leaders in sustainable packaging innovations.

Competitive Summary Table

Capability	Leading Players	Remarks
Sustainability	Sealed Air, Multivac	Sealed Air has implemented eco-friendly materials in their vacuum packaging solutions, reducing plastic waste by 30%. Multivac focuses on recyclable packaging options, enhancing their market appeal among environmentally conscious consumers.
Automation and Efficiency	Bosch Packaging Technology, ULMA Packaging	Bosch has integrated advanced automation in their vacuum packaging lines, improving production speed by 25%. ULMA offers customizable solutions that enhance operational efficiency, evidenced by a case study where a client reduced labor costs by 15%.
Product Preservation	Vacuum Packaging Systems, Praxair	Vacuum Packaging Systems utilizes advanced barrier films that extend shelf life significantly, with a documented case showing a 50% reduction in spoilage. Praxair's gas flushing technology enhances preservation, particularly for perishable goods.
User-Friendly Technology	FoodSaver, Weston	FoodSaver's consumer vacuum sealers are designed for ease of use, with intuitive controls that have led to a 40% increase in user satisfaction ratings. Weston offers robust, user-friendly machines that cater to both home and commercial users.
Customization and Versatility	PackTech, Avery Dennison	PackTech develops and manufactures vacuum packaging machines, specializing in the food and pharmaceutical industries. Avery Dennison's solutions for tagging vacuum packages offer a high degree of brand personalization, which increases the visibility of the product.

Conclusion: Navigating the Vacuum Packaging Landscape

The vacuum packaging market in 2023 is characterized by intense competition and considerable fragmentation, with both established and new players competing for market share. Regional trends indicate a growing demand for sustainable packaging solutions, thereby forcing suppliers to adapt and innovate their products. The major players have the advantage of their distribution network and brand loyalty, while newcomers are able to differentiate themselves through their advanced technology, such as artificial intelligence-based automation and flexible packaging solutions. As the market evolves, the ability to implement sustainable practices, increase automation and respond quickly to changing consumer preferences will be crucial for companies wishing to take the lead. In order to succeed, companies will have to focus on these capabilities, which they must invest in in order to be able to take advantage of the emerging opportunities.

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the current valuation of the Vacuum Packaging Market as of 2024?

The Vacuum Packaging Market was valued at 32.35 USD Billion in 2024.

What is the projected market valuation for the Vacuum Packaging Market in 2035?

The market is projected to reach 55.44 USD Billion by 2035.

What is the expected CAGR for the Vacuum Packaging Market during the forecast period 2025 - 2035?

The expected CAGR for the Vacuum Packaging Market during 2025 - 2035 is 5.02%.

Which application segment is expected to dominate the Vacuum Packaging Market?

The Food Packaging segment is anticipated to dominate, with a valuation increase from 12.5 to 21.0 USD Billion.

How does the valuation of Medical Packaging compare to other segments in 2024?

Medical Packaging had a valuation of 8.0 USD Billion in 2024, indicating strong growth potential.

What are the key materials used in Vacuum Packaging, and how are they valued?

Plastic is the leading material, with a valuation range from 15.0 to 25.0 USD Billion.

Which type of packaging is projected to see the highest growth in the Vacuum Packaging Market?

Vacuum Bags are projected to grow significantly, with valuations expected to rise from 7.35 to 15.44 USD Billion.

What role do key players like Sealed Air Corporation and Amcor plc play in the market?

Key players such as Sealed Air Corporation and Amcor plc are instrumental in driving innovation and market growth.

What end-use industries are driving demand in the Vacuum Packaging Market?

The Food and Beverage industry is a major driver, with a valuation increase from 12.5 to 21.0 USD Billion.

How does the growth of the Vacuum Packaging Market reflect broader industry trends?

The growth of the Vacuum Packaging Market reflects increasing demand for efficient packaging solutions across various sectors.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Vacuum Packaging Market was estimated at 32.35 USD Billion in 2024. The vacuum packaging industry is projected to grow from 33.97 USD Billion in 2025 to 55.44 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.02 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Vacuum Packaging Market is experiencing robust growth driven by sustainability and technological advancements.

North America remains the largest market for vacuum packaging, driven by increasing demand for food preservation.
Asia-Pacific is the fastest-growing region, reflecting a surge in e-commerce and consumer preferences for convenience.
Food packaging continues to dominate the market, while medical packaging is emerging as the fastest-growing segment.
Key drivers include rising demand for food preservation and the expansion of the e-commerce sector, which are shaping market dynamics.

Vacuum Packaging Market

CAGR

5.02%

Market Size & Forecast

2024 Market Size	32.35 (USD Billion)
2035 Market Size	55.44 (USD Billion)
CAGR (2025 - 2035)	5.02%
Largest Regional Market Share in 2024	North America

Major Players

Sealed Air Corporation (US), Amcor plc (GB), Berry Global Inc. (US), Multivac Sepp Haggenmuller SE & Co. KG (DE), Winpak Ltd. (CA), Coveris Holdings S.A. (LU), Schur Flexibles Group (AT), Pactiv Evergreen Inc. (US), Mondi Group plc (GB)

Market Trends

The Vacuum Packaging Market is currently experiencing a notable transformation, driven by evolving consumer preferences and advancements in technology. As sustainability becomes a focal point for many industries, the demand for eco-friendly packaging solutions is on the rise. This shift is prompting manufacturers to innovate and develop materials that not only preserve product freshness but also minimize environmental impact. Additionally, the growing trend of online shopping is influencing packaging requirements, as products need to withstand longer transit times while maintaining quality. Moreover, the food sector remains a primary driver of growth within the Vacuum Packaging Market. The need for extended shelf life and reduced spoilage is compelling food producers to adopt vacuum packaging techniques. This method not only enhances product longevity but also improves presentation, appealing to consumers who prioritize quality. As the market evolves, it appears that the integration of smart technology into packaging solutions may further enhance efficiency and user experience, indicating a promising future for the industry.

Sustainability Initiatives

The emphasis on sustainable practices is reshaping the Vacuum Packaging Market. Companies are increasingly adopting biodegradable and recyclable materials to meet consumer demand for environmentally friendly options. This trend reflects a broader commitment to reducing waste and promoting responsible consumption.

Technological Advancements

Innovations in vacuum packaging technology are enhancing efficiency and effectiveness. Developments such as automated sealing processes and smart packaging solutions are streamlining operations and improving product preservation. These advancements are likely to attract more businesses to adopt vacuum packaging.

E-commerce Growth

The rise of e-commerce is significantly impacting the Vacuum Packaging Market. As online shopping continues to expand, the need for durable and protective packaging solutions is becoming more critical. This trend is driving manufacturers to create packaging that ensures product safety during transit.

Vacuum Packaging Market Market Drivers

Expansion of the E-commerce Sector

The rapid expansion of the e-commerce sector is significantly influencing the Vacuum Packaging Market. As online shopping becomes increasingly prevalent, the need for efficient packaging solutions that ensure product integrity during transit is paramount. Vacuum packaging serves as a reliable method to protect goods from damage and contamination, thereby enhancing customer satisfaction. Recent statistics indicate that e-commerce sales have surged, with a notable increase in demand for packaged food and consumer goods. This trend is expected to continue, with projections suggesting that e-commerce will account for a larger share of retail sales in the coming years. As a result, companies are likely to invest in vacuum packaging technologies to meet the growing expectations of online consumers, thereby driving market growth in this segment.

Growth in the Pharmaceutical Sector

The pharmaceutical sector is emerging as a significant driver for the Vacuum Packaging Market. With the increasing demand for pharmaceuticals and healthcare products, the need for secure and sterile packaging solutions is paramount. Vacuum packaging provides an effective means to protect sensitive medications from environmental factors, thereby ensuring their efficacy and safety. Recent data suggests that the pharmaceutical packaging market is expected to grow at a rate of approximately 7% annually, with vacuum packaging playing a pivotal role in this expansion. The rise in biologics and personalized medicine further necessitates advanced packaging solutions that can maintain product integrity. As pharmaceutical companies continue to innovate and expand their product lines, the demand for vacuum packaging solutions is likely to increase, thereby contributing to the overall growth of the market.

Rising Demand for Food Preservation

The increasing consumer awareness regarding food safety and preservation is driving the Vacuum Packaging Market. As food spoilage leads to significant economic losses, vacuum packaging offers an effective solution to extend shelf life and maintain product quality. According to recent data, the food sector accounts for a substantial portion of the vacuum packaging market, with a projected growth rate of approximately 5.5% annually. This trend is particularly evident in perishable goods, where vacuum packaging minimizes oxidation and microbial growth, thereby enhancing food safety. The rising demand for convenience foods and ready-to-eat meals further propels the adoption of vacuum packaging solutions, as consumers seek products that offer both longevity and ease of use. Consequently, the vacuum packaging market is likely to witness sustained growth driven by these evolving consumer preferences.

Technological Innovations in Packaging

Technological advancements are playing a crucial role in shaping the Vacuum Packaging Market. Innovations such as improved sealing techniques, advanced materials, and automation in packaging processes are enhancing the efficiency and effectiveness of vacuum packaging solutions. For instance, the introduction of smart packaging technologies allows for real-time monitoring of product conditions, which is particularly beneficial in the food sector. The market for vacuum packaging machinery is projected to grow at a compound annual growth rate of around 6% over the next few years, driven by these technological improvements. Furthermore, the integration of sustainable materials into vacuum packaging solutions is becoming increasingly important, as consumers and businesses alike prioritize eco-friendly practices. This convergence of technology and sustainability is likely to create new opportunities within the vacuum packaging market.

Consumer Preference for Sustainable Packaging

The growing consumer preference for sustainable packaging solutions is significantly impacting the Vacuum Packaging Market. As environmental concerns become more pronounced, consumers are increasingly seeking products that align with their values regarding sustainability. Vacuum packaging, particularly when made from recyclable or biodegradable materials, is gaining traction among environmentally conscious consumers. Recent surveys indicate that a substantial percentage of consumers are willing to pay a premium for products that utilize sustainable packaging. This shift in consumer behavior is prompting manufacturers to adopt eco-friendly practices in their packaging processes. Consequently, the vacuum packaging market is likely to experience growth as companies innovate to meet these sustainability demands, thereby enhancing their competitive edge in the marketplace.

Market Segment Insights

Vacuum Packaging Market Application Insights

The  Vacuum Packaging Market experienced significant growth, driven primarily by its extensive applications in various industries.

In 2023,

Food Packaging

The insights derive actionable strategies for businesses to enhance their market positioning while addressing consumer needs and sustainability trends within the industry.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Vacuum Packaging Market Type Insights

The  Vacuum Packaging Market encompasses various types, including <a href="https://www.marketresearchfuture.com/reports/flexible-packaging-market-1151">Flexible Packaging</a>,

Rigid Packaging

, Pouches, and Vacuum Bags, which play pivotal roles in preserving food and non-food items.

Vacuum Packaging Market Material Insights

The market segmentation for materials includes Plastic, Paper, Metal, and Glass, each playing a critical role in the overall industry, with Plastic materials significantly dominating due to their lightweight and flexibility, making them ideal for a multitude of applications.

Paper packaging is increasingly favored due to its sustainability profile, aligning with the growing market trend towards eco-friendly solutions.

Metal packaging, while lesser in volume, offers superior protection and durability, particularly in food and beverage sectors, which accentuates its relevance. <a href="https://www.marketresearchfuture.com/reports/glass-market-11515">Glass</a>, though heavier and more expensive, provides an excellent barrier to gases and moisture, making it a preferred option for premium products.

Vacuum Packaging Market End Use Industry Insights

The market shows a diversified range of applications across key industries, including Food and Beverage, Healthcare, Electronics, and Industrial.

Notably, the Food and Beverage sector is significant as vacuum packaging extends product shelf life, enhances quality, and reduces spoilage, leading to its dominance in the vacuum packaging industry. Healthcare also plays a crucial role, employing vacuum packaging for sterilization and preservation of medical supplies, ensuring safety and extending usability.

The Electronics industry utilizes vacuum packaging to protect sensitive components from moisture and dust, while the Industrial sector benefits from heavy-duty packaging solutions for tools and machinery.

Get more detailed insights about Vacuum Packaging Market Research Report- Global Forecast till 2035

Regional Insights

North America : Market Leader in Innovation

The North American vacuum packaging market is driven by increasing demand for food safety and longer shelf life, with the U.S. holding approximately 60% of the market share, followed by Canada at 25%. Regulatory support for food safety standards and sustainability initiatives further catalyze growth. The rise in e-commerce and ready-to-eat meals also boosts demand for vacuum packaging solutions, making it a critical segment in the food industry. Leading countries in this region include the United States and Canada, with major players like Sealed Air Corporation and Amcor plc dominating the landscape. The competitive environment is characterized by innovation in packaging technologies and materials, focusing on sustainability and efficiency. Companies are investing in R&D to develop advanced vacuum packaging solutions that meet consumer demands for convenience and quality.

Europe : Sustainability and Regulation Focus

The European vacuum packaging market is characterized by a strong emphasis on sustainability and regulatory compliance, with Germany and the UK being the largest markets, holding approximately 30% and 25% of the market share, respectively. The EU's stringent regulations on packaging waste and recycling are driving innovation in eco-friendly materials and processes. This regulatory landscape is a significant catalyst for market growth, as companies adapt to meet these standards. Germany, the UK, and France are leading countries in this region, with key players like Multivac and Mondi Group actively participating in the market. The competitive landscape is marked by a focus on sustainable practices, with companies investing in biodegradable and recyclable packaging solutions. The presence of major manufacturers and a growing consumer preference for environmentally friendly products are shaping the future of vacuum packaging in Europe.

Asia-Pacific : Emerging Market with High Potential

The Asia-Pacific vacuum packaging market is witnessing rapid growth, driven by increasing urbanization, rising disposable incomes, and a growing food processing industry. China and India are the largest markets, accounting for approximately 40% and 20% of the market share, respectively. The region's expanding e-commerce sector and demand for convenience foods are significant growth drivers, supported by favorable government policies promoting food safety and packaging standards. China, Japan, and India are the leading countries in this region, with key players like Berry Global and Winpak Ltd. establishing a strong presence. The competitive landscape is evolving, with local manufacturers emerging alongside global players. Companies are focusing on innovation and cost-effective solutions to cater to the diverse needs of consumers in this rapidly changing market.

Middle East and Africa : Growing Demand for Packaging Solutions

The Middle East and Africa vacuum packaging market is experiencing growth due to increasing demand for packaged food and beverages, driven by changing consumer lifestyles and urbanization. The UAE and South Africa are the largest markets, holding approximately 30% and 20% of the market share, respectively. The region's focus on food safety regulations and the expansion of the retail sector are key factors contributing to market growth, as consumers seek quality and convenience in food products. Leading countries in this region include the UAE, South Africa, and Nigeria, with key players like Coveris Holdings and Schur Flexibles Group actively participating. The competitive landscape is characterized by a mix of local and international companies, with a focus on innovative packaging solutions that meet the needs of a diverse consumer base. The growing retail and food service sectors are further driving demand for vacuum packaging solutions.

Key Players and Competitive Insights

The Vacuum Packaging Market has seen significant evolution and growth, characterized by intense competition among various players striving to gain a foothold in this dynamic domain. This market primarily revolves around the preservation of food and non-food items by employing vacuum sealing technology to extend shelf life and enhance product freshness.

Factors such as increasing consumer awareness about food safety, growing demand for ready-to-eat meals, and the rise of e-commerce significantly contribute to the competitive landscape of the vacuum packaging industry. Companies are constantly innovating to introduce advanced packaging solutions that cater to diverse consumer preferences across various sectors, including food, pharmaceuticals, and electronics, thus intensifying the competition.

Additionally, the market is witnessing a surge in strategic partnerships, mergers, and acquisitions as firms aim to consolidate their market positions and enhance their offerings, thereby influencing market dynamics.

Focusing on 'Vacuum Packaging Market Systems', this company has established itself as a crucial player in the Vacuum Packaging Market. It possesses a comprehensive product portfolio that includes advanced vacuum sealing machines that cater to diverse needs across multiple industries.

One of the key strengths of Vacuum Packaging Market Systems lies in its commitment to innovation and technology, leading to the development of versatile and user-friendly packaging solutions that promote efficiency and cost-effectiveness.

The company's strong emphasis on research and development allows it to stay ahead of market trends and offer products that meet the evolving demands of customers, thereby solidifying its position in the market. Moreover, its robust distribution network and strategic partnerships further enhance its market presence and accessibility, ensuring that its vacuum packaging solutions are available to a wide range of clients ly.

In the context of the Vacuum Packaging Market, 'Winpak' demonstrates significant capabilities and a robust market presence. The company specializes in the production of high-quality packaging materials and machinery, emphasizing sustainability and efficiency.

Winpak's strength lies in its advanced technology that enables the creation of customized vacuum packaging solutions specifically designed to cater to the unique requirements of its clients in various sectors.

With a strong focus on research and innovation, Winpak continually enhances its product offerings and operational efficiencies, ensuring competitiveness in a rapidly evolving market. The company's commitment to quality control and customer satisfaction is reflected in its meticulous production processes and adherence to international standards.

Additionally, Winpak's strategic investments in expanding its manufacturing capabilities and distribution networks contribute to its growth and solidify its status as a leading entity in the Vacuum Packaging Market.

Key Companies in the Vacuum Packaging Market market include

Industry Developments

Q2 2024: Amcor Launches New AmPrima™ PE Plus High-Performance Recycle-Ready Packaging Amcor announced the launch of AmPrima™ PE Plus, a new recycle-ready flexible packaging solution designed for vacuum packaging applications in food and consumer products. The product aims to meet growing demand for sustainable packaging in the vacuum packaging sector.
Q2 2024: Sealed Air Announces Partnership with Plastic Energy to Advance Circular Packaging Solutions Sealed Air entered a strategic partnership with Plastic Energy to develop advanced recycling solutions for vacuum packaging, focusing on converting used plastic packaging into recycled feedstock for new products.
Q1 2024: MULTIVAC Opens New Production Facility in India to Expand Vacuum Packaging Market Machine Manufacturing MULTIVAC inaugurated a new manufacturing facility in India dedicated to producing vacuum packaging machines, aiming to meet rising demand in the region’s food processing and export sectors.
Q2 2024: Berry Global Appoints New CEO to Drive Growth in Flexible Packaging Segment Berry Global announced the appointment of a new CEO, with a stated focus on expanding the company’s flexible and vacuum packaging business globally.
Q1 2024: ULMA Packaging Launches New Flow-Vac System for High-Speed Vacuum Packaging Market ULMA Packaging introduced its Flow-Vac system, a high-speed vacuum packaging solution designed for meat and cheese processors, enhancing efficiency and product shelf life.
Q2 2024: Cryovac® Brand by Sealed Air Unveils New Vacuum Shrink Bag for Fresh Protein Packaging Sealed Air’s Cryovac® brand launched a new vacuum shrink bag designed for fresh protein packaging, offering improved barrier properties and sustainability features.
Q1 2024: PAC Machinery Acquires Clamco, Expanding Vacuum Packaging Market Equipment Portfolio PAC Machinery completed the acquisition of Clamco, a manufacturer of packaging machinery, to broaden its vacuum packaging equipment offerings for industrial and food applications.
Q2 2024: Proseal Announces Contract Win to Supply Vacuum Packaging Market Machines to Major UK Food Processor Proseal secured a contract to supply vacuum packaging machines to a leading UK food processor, supporting increased production capacity and food safety standards.
Q1 2024: Winpak Invests $20 Million in New R&D Center Focused on Advanced Vacuum Packaging Market Materials Winpak announced a $20 million investment in a new research and development center dedicated to innovating advanced materials for vacuum packaging, targeting food and medical applications.
Q2 2024: Coveris Launches Recyclable Vacuum Skin Packaging for Meat and Seafood Coveris introduced a recyclable vacuum skin packaging solution for meat and seafood, aiming to reduce plastic waste and improve product shelf life.
Q1 2024: Henkel Partners with Syntegon to Develop Sustainable Vacuum Packaging Market Adhesives Henkel announced a partnership with Syntegon to co-develop sustainable adhesives for vacuum packaging, focusing on improving recyclability and reducing environmental impact.
Q2 2024: Flexopack Expands Production Capacity with New Vacuum Packaging Market Film Line in Greece Flexopack commissioned a new production line for vacuum packaging films at its Greek facility, increasing output to meet growing demand in Europe’s food packaging market.

Future Outlook

Vacuum Packaging Market Future Outlook

The Vacuum Packaging Market is projected to grow at a 5.02% CAGR from 2024 to 2035, driven by increasing demand for food preservation, sustainability initiatives, and technological advancements.

New opportunities lie in:

Expansion into biodegradable vacuum packaging solutions
Development of smart vacuum packaging with IoT integration
Investment in automated vacuum sealing machinery for food processing

By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability.

Market Segmentation

Vacuum Packaging Market Type Outlook

Flexible Packaging
Rigid Packaging
Pouches
Vacuum Bags

Vacuum Packaging Market Material Outlook

Plastic
Paper
Metal
Glass

Vacuum Packaging Market Application Outlook

Food Packaging
Medical Packaging
Consumer Products Packaging
Electronics Packaging

Vacuum Packaging Market End Use Industry Outlook

Food and Beverage
Healthcare
Electronics
Industrial

Report Scope

MARKET SIZE 2024	32.35(USD Billion)
MARKET SIZE 2025	33.97(USD Billion)
MARKET SIZE 2035	55.44(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	5.02% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Integration of sustainable materials in the Vacuum Packaging Market enhances eco-friendly packaging solutions.
Key Market Dynamics	Rising demand for sustainable packaging solutions drives innovation and competition in the vacuum packaging market.
Countries Covered	North America, Europe, APAC, South America, MEA