Market research future published a raw research report on Global Vacuum Packaging Market that contains the information from 2014 to 2022. Global Vacuum packaging market is expected to grow with the CAGR of approximately 4% from 2016 to 2022, and with this it is predictable to cross USD 28 Billion by 2022.

Food safety and hygiene are consumer’s top priority and vacuum packing technique helps fulfill the requirement. Protection from microbes, maintain ambient temperature of packaged products and aesthetic appeal, light weight and easy recycling nature are pushing the market of vacuum packaging. Moreover, increasing disposable income and preference towards safe and hygienic food are expected to fuel the demand for vacuum packaging across various industries. The food sector by application is expected to lead the market due to increasing demand of healthy food products as well as increased hygiene requirements. Additionally, economic feasibility and viability of packaged food is expected to increase the demand in the vacuum packaging market.

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The report has analyzed the market based on the three segments: material, packaging and application in the regions of North America, Europe, APAC and rest of the world. On the basis of material it includes PE, PVDC, PP, PVC and other. PET accounts for a strong demand from the food and beverages industry in terms of packaging. Plastic vacuum packaging holds the largest share due to factors such as convenience and easy to carry nature. On the basis of packaging it includes rigid packaging, flexible packaging, and semi-rigid packaging. Moreover on the basis of application it includes pharmaceutical, food packaging, industrial goods, consumer goods and others. Pharmaceutical and food packaging segment holds the largest share. The scope of the market has widened over many years owing to the flourishing markets of Asia pacific. The global vacuum packaging market is expected to cross USD 28 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 4 % from 2016 to 2022.

Asia pacific will be the largest market

Asia pacific region is expected to dominate the market with its largest and fastest growing market size for vacuum packaging. The region is marked with increasing disposable incomes and population which fuels the demand for vacuum packaging. Moreover, growing healthcare awareness among consumers, along with ecofriendly and economical packaging forms has led to the market growth. This is backed by stringent government regulations focused on the health and safety is some of the factors driving the market of vacuum packaging in APAC region.

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We recognize the key players in the global Vacuum packaging market as - Bernis Company, Inc., Amcor Ltd., Berry Plastic Corp., Linpack Packaging Ltd., Sealed Air Corp., Coveris Holdings, CVP Systems, Multisorb Technology, and ULMA Packaging.

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This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global Vacuum packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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