Vacuum Packaging Market Forecasts from 2023 to 2028

The vacuum packaging market is estimated to grow at a CAGR of 4.15% during the forecast period.

Vacuum packaging is a method used to remove air from a package before sealing it, creating a vacuum or low-pressure environment. This process helps to preserve the freshness and extend the shelf life of various products, including food, pharmaceuticals, and electronic components. Vacuum packaging is typically done using specialized equipment that extracts air from the package and then seals it to prevent air from re-entering. Additionally, custom vacuum packaging solutions can be designed and manufactured based on specific customer needs.

Introduction:

The vacuum packaging market refers to the industry involved in the production and distribution of vacuum-sealed packaging solutions. Vacuum packaging is a method of packaging that removes air from the packaging environment to create a vacuum, which helps to extend the shelf life and maintain the quality of various products. It is widely used in industries such as food and beverage, pharmaceuticals, electronics, and consumer goods.

The market for vacuum packaging is driven by factors such as the growing demand for convenience and packaged food products, the need for efficient preservation methods, and the increasing focus on sustainability and reducing food waste. The market offers a variety of vacuum packaging solutions, including vacuum pouches, bags, containers, and machines.

However, challenges such as high equipment costs, stringent regulations, and environmental concerns exist. To overcome these challenges, the industry is focusing on developing cost-effective and eco-friendly packaging materials, investing in research and development, and implementing advanced technologies to improve efficiency and reduce waste in the vacuum packaging process.

Drivers:

• Extended Shelf Life:Vacuum packaging helps in extending the shelf life of perishable products by removing air and creating a protective barrier against external elements. This factor is crucial for industries such as food and beverages, where maintaining product freshness and reducing spoilage are essential.
• Food Safety and Hygiene:Increasing awareness about food safety and hygiene has driven the demand for vacuum packaging. By eliminating air and sealing products tightly, vacuum packaging prevents the growth of bacteria, mold, and other contaminants, ensuring the safety and quality of the packaged goods.
• Convenience Packaging:Vacuum packaging offers convenience in terms of portion control, easy storage, and transportability. It helps in preserving food items in pre-portioned packs, making them convenient for consumers and reducing food waste.
• Growing Food and Beverage Industry:The expanding food and beverage industry, driven by changing consumer lifestyles and preferences, is a significant growth driver for the vacuum packaging market. The need for efficient packaging solutions to cater to diverse food products and maintain their quality has fueled the demand for vacuum packaging.
• Advancements in Packaging Technology:Technological advancements have led to the development of intelligent vacuum packaging solutions. These include features such as active packaging systems, modified atmosphere packaging (MAP), and smart sensors that monitor and maintain product freshness. Additionally, the use of eco-friendly and sustainable materials in vacuum packaging aligns with the growing consumer demand for green packaging solutions.

Products offered by key companies:

• MultivacEasyFreshis a product that is designed to keep food fresh for up to 7 days. It uses a vacuum packaging technique that removes oxygen from the package, which helps to prevent the growth of bacteria.
• Cryovac EVOC by Sealed Airis a product that is designed to keep food fresh for up to 30 days. It uses a multilayer film that is resistant to oxygen and moisture, which helps to prevent the growth of bacteria.
• WipakSafepac Plus MAP by Wipakis a product that is designed to keep food fresh for up to 14 days. It uses a modified atmosphere packaging (MAP) technique that combines oxygen and carbon dioxide to create an environment that is favorable for the preservation of food.

Positive growth in the food and beverage segment:

The food and beverage segment in the vacuum packaging market is experiencing rapid positive growth compared to other segments due to several factors. Vacuum packaging helps extend the shelf life of perishable food products by minimizing oxygen exposure and inhibiting the growth of spoilage-causing microorganisms. It enhances food safety and reduces food waste, which is a significant concern in the food industry. Thus, the increasing adoption of vacuum packaging by food manufacturers and retailers to maintain product freshness and enhance product presentation is driving the growth of this segment.

The North American region is expected to hold a significant share:

The North American region is anticipated to hold a significant share, this is because the region has a big food and beverage industry that demands efficient packaging. People in North America have busy lives and like convenient food options, so vacuum packaging is popular for ready-to-eat meals and packaged foods. North America is also known for its focus on innovation and new technology, which helps the vacuum packaging market grow and has many important companies and a good system for getting vacuum packaging to customers easily. Therefore, the presence of key players and continuous innovation in packaging materials and technologies further contribute to North America's dominance in the vacuum packaging market.

Key developments:

• In Feb 2023, Sainsbury's, a British supermarket chain, introduced a new packaging format for its beef mince products to reduce plastic waste. The plastic tray packaging has been replaced with a vacuum-packed alternative, utilizing at least 55% less plastic. The vacuum-packed beef mince will be available in-store and online, with the same amount of product despite the smaller packaging.
• In Dec 2022, Multivac launched the Multivac thermoforming packaging machines. with SFP Light steam flushing system, a new way to vacuum pack hot food without cooling it first. This saves energy and extends the food's shelf life.
• In Oct 2022, Biotyfood launched the "first zero plastic vacuum packaging machine" at SIAL Paris. It features powerful modular technology, borosilicate glass preservation boxes, and an anti-waste assistance app. The product increases food conservation time, is eco-friendly, and offers a compact design.

Key segment:

By End Users:

• Food Industry
• Healthcare & Pharmaceuticals
• Industrial
• Others

By Material Type:

• Polyethylene
• Polypropylene
• Polyamide
• Others

By Process:

• Skin Vacuum Packaging
• Shrink Vacuum Packaging
• Others

By Packaging:

• Flexible Packaging
• Semi- Rigid Packaging
• Rigid Packaging

By Geography:

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others