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Vacuum Packaging Market Report 2019 | World Market Set to Record a CAGR of 4.13% During 2019-2024 - ResearchAndMarkets.com

November 13, 2019

DUBLIN--(BUSINESS WIRE)--Nov 13, 2019--

The “Vacuum Packaging Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

The Vacuum Packaging Market is expected to record a CAGR of 4.13% over the forecast period (2019-2024).

Vacuum packaging enables food to be stored for a longer period that can result in cost-saving options. For instance, with vacuum packaging, chicken can be preserved for 15 days, whereas, with standard packaging, it can be preserved only for 3 days. This type of packaging avoids bacteria proliferation and avoids useless food waste by promoting much more responsible food consumption.

Key Highlights

Major Market Trends

Food is Expected to Hold the Major Share

North America is Expected to Hold a Significant Share

Competitive Landscape

The vacuum packaging market is marked with high competition due to the presence of various players. Companies in the market are involved in introducing new products, expanding their operations, or entering into strategic mergers and acquisitions to increase their market presence.

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 Growing Demand for Packaged Food Coupled with Increasing Awareness Towards Food Safety

4.3.2 Increasing Demand for Hygienic and Convenient Packaging

4.4 Market Restraints

4.4.1 High Cost of the Process

4.5 Industry Attractiveness - Porter’s Five Force Analysis

5 MARKET SEGMENTATION

5.1 By End-user Industry

5.1.1 Food

5.1.2 Healthcare & Pharmaceutical

5.1.3 Industrial

5.1.4 Other End-user Industries

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia-Pacific

5.2.4 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Amcor Limited

6.1.2 Sealed Air Corporation

6.1.3 Berry Global Inc.

6.1.4 Coveris Holdings S.A.

6.1.5 SWISS PAC Pvt. Ltd.

6.1.6 M&Q Packaging LLC

6.1.7 Dow Inc.

6.1.8 Klockner Pentaplast Group

6.1.9 Plastopil Ltd.

6.1.10 Mondi Group

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report, visit https://www.researchandmarkets.com/r/yq8zul.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191113005589/en/

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KEYWORD:

INDUSTRY KEYWORD: PACKAGING MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/13/2019 10:38 AM/DISC: 11/13/2019 10:38 AM

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