Quick Summary:
In the ever-changing landscape of global commerce, staying ahead of industry trends is essential for proactive decision-making. Our latest extensive report on the burgeoning Global Vacuum Packaging Market, currently estimated at a notable US$26.3 Billion, provides a detailed forecast of industry growth and key market players. Your industry acumen, backed by our comprehensive report, will be a powerful tool in making strategic business moves.
Spanning over eight years, from 2022 to 2030, our report covers a precise market forecast, promising a robust CAGR of 4.2%. Detailed analyses of key market segments like Polyethylene and Polyamide, with their projected growth rates, also form an integral part of this report. Significant markets such as the U.S. and China are comprehensively covered, giving you a wider perspective of the market scenarios. Choose our report to access a powerful combination of data on global competitiveness, key competitor market shares, and geographical market presence, among others.
Global Vacuum Packaging Market to Reach $36.6 Billion by 2030
The global market for Vacuum Packaging estimated at US$26.3 Billion in the year 2022, is projected to reach a revised size of US$36.6 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030. Polyethylene, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$15.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyamide segment is readjusted to a revised 3.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 6.9% CAGR
The Vacuum Packaging market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 43 Featured) -
- Amcor Ltd.
- Bemis Co., Inc.
- Berry Plastics Corporation
- Coveris Holdings SA
- CVP Systems, LLC
- LINPAC Packaging
- Multisorb Filtration Group
- Orics Industries, Inc.
- Sealed Air Corporation
- ULMA Packaging, S.Coop.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Vacuum Packaging?
What is the growth rate of the Global Market for Vacuum Packaging?
What is the forecasted size of the Global Market for Vacuum Packaging?
Who are the key companies in the Global Market for Vacuum Packaging?
| Report Attribute | Details |
|---|---|
| No. of Pages | 274 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 26.3 Billion |
| Forecasted Market Value ( USD | $ 36.6 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amcor Ltd.
- Bemis Co., Inc.
- Berry Plastics Corporation
- Coveris Holdings SA
- CVP Systems, LLC
- LINPAC Packaging
- Multisorb Filtration Group
- Orics Industries, Inc.
- Sealed Air Corporation
- ULMA Packaging, S.Coop.
