Global Vacuum Packaging Equipment Market Overview
Vacuum Packaging Equipment Market Size was estimated at 16.19 (USD Billion) in 2022. The Vacuum Packaging Equipment Industry is expected to grow from 17.03 (USD Billion) in 2023 to 26.9 (USD Billion) by 2032. The Vacuum Packaging Equipment Market CAGR (growth rate) is expected to be around 5.21% during the forecast period (2024 - 2032).
Key Vacuum Packaging Equipment Market Trends Highlighted
The potential for longer shelf lives, lesser food spoilage and better safety are what makes vacuum packaging equipment so popular in many industries. Demand for convenience foods, growth of the e-commerce sector and increased health awareness drive the market. Sustainable packaging approaches can be sought to target new markets. In recent times, there has been embracement of advanced automated smart vacuum packaging systems together with the adoption of Modified Atmosphere Packaging (MAP) and the incorporation of sensors into them to enable real-time monitoring. On top of this, the increasing demand for vacuum packaging equipment in the medical and pharmaceutical sectors offers numerous opportunities for expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Vacuum Packaging Equipment Market Drivers
Growing Demand for Packaged Foods
The increasing demand for packaged foods is a major driver of the vacuum packaging equipment market. Packaged foods offer convenience, extended shelf life, and protection against contamination, making them popular among consumers. Vacuum packaging is a widely used method for packaging food products as it removes oxygen from the packaging, which inhibits the growth of bacteria and other microorganisms. This helps to extend the shelf life of food products and maintain their quality.The rising demand for packaged foods is expected to continue to drive the growth of the vacuum packaging equipment market in the coming years.
E-commerce and Online Food Delivery
The growth of e-commerce and online food delivery services is another key driver of the vacuum packaging equipment market. E-commerce platforms and online food delivery services require efficient and reliable packaging solutions to ensure that food products are delivered to consumers in a fresh and safe condition. Vacuum packaging equipment plays a crucial role in this process by providing a way to package food products in a manner that minimizes spoilage and maintains their quality during transit.The increasing popularity of e-commerce and online food delivery services is expected to continue to drive the demand for vacuum packaging equipment.
Sustainability and Environmental Concerns
Growing environmental concerns and the need for sustainable packaging solutions are also driving the vacuum packaging equipment market. Vacuum packaging can help to reduce food waste by extending the shelf life of food products. This can lead to significant cost savings for food producers and retailers, as well as reduce the environmental impact of food waste. Additionally, vacuum packaging can help to reduce the use of plastic packaging materials, which can contribute to environmental pollution.The growing focus on sustainability and environmental concerns is expected to continue to drive the demand for vacuum packaging equipment in the coming years.
Vacuum Packaging Equipment Market Segment Insights
Vacuum Packaging Equipment Market Automation Insights
Market segmentation based on automation divides it into Manually Operated, Semi-automatic, and Fully Automatic. Manually Operated Vacuum Packaging Equipment: This is primarily used in small-scale operations and home kitchens. It requires somebody to operate the pump manually while sealing the bag. The cheapness and simplicity of this equipment make it good for low-volume packaging uses.
Semi-automatic Vacuum Packaging Equipment: These offer a trade-off between manual labor and automatic systems. Normally, it features an automated system of vacuum triggering and sealing, but loading or unloading requires manual work. Semi-automatic equipment is commonly found in medium scale food processing and packaging operations.
Fully Automatic Vacuum Packaging Equipment: This has been developed for high volume industrial applications. Such fully automated processes include product loading, vacuum sealing and package discharge. Due to its maximum efficiency, reduced labor costs and consistent packing quality, fully automatic equipment is ideal for large production environments.
The level of automation in vacuum packaging equipment determines the market growth rate. High volumes are being handled through full automation; productivity increases as there is less reliance on human resources; demand for processed food products will also go up with other advanced technologies like enhanced packing techniques taking hold within this niche, thus influencing market trends during the forecast period about their uptake by industry players.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Vacuum Packaging Equipment Market Chamber Type Insights
The Chamber Type segment of the Vacuum Packaging Equipment Market is divided into Single Chamber and Double Chamber. The highest market share was held by Single chamber in 2023, with 62.1% of total revenue generated. Small or medium companies have always preferred this option because it has been relatively cheap to purchase and operate. However, the double chamber section will see expansive growth over the prediction period due to its capability of handling larger volumes, hence higher productivity, thus attracting large scale food producers and processors. A market share of 37.9% is expected to be taken by Double Chamber, which will grow its presence by 2032 as a result of increasing demand for efficient high volume vacuum packaging solutions.
Vacuum Packaging Equipment Market Material Insights
The Material category is one of the most significant parts of the Vacuum Packaging Equipment Market which helps in shaping up the market landscape. The demand for stainless steel is driven by factors such as its high durability, resistance to corrosion, and heat-resistant ability. This can be attributed to its widespread use in food processing as well as pharmaceutical industries. One more material that is notable is polypropylene (PP), with its flexibility, low cost and good barrier properties. It is used in packaging fresh fruits and vegetables as well as meat and dairy products. Polyethylene (PE) has a moisture barrier feature, and it’s cheap, which makes it commonly used for vacuum packing industrial/commercial goods. The increasing demand for packaged food, technological advancements in the packaging industry, and growing emphasis on food safety and preservation are some of the drivers responsible for the growth of these materials in the market.
Vacuum Packaging Equipment Market Packaging Style Insights
The Packaging Style segment of the Vacuum Packaging Equipment Market is broadly classified into Vacuum Skin Packaging, Vacuum Pouch Packaging, and Modified Atmosphere Packaging. Vacuum Skin Packaging held the largest market share in 2023, owing to its cost-effectiveness and ability to extend product shelf life. Vacuum Pouch Packaging is expected to witness significant growth during the forecast period due to its flexibility and convenience. Modified Atmosphere Packaging is gaining traction as it helps maintain the freshness and quality of products for longer durations.The Vacuum Packaging Equipment Market revenue from Vacuum Skin Packaging is projected to reach USD 3.8 billion by 2032, expanding at a CAGR of 5.6%. Vacuum Pouch Packaging is estimated to grow at a CAGR of 6.1%, reaching a market size of USD 4.2 billion by 2032. Modified Atmosphere Packaging is anticipated to have a CAGR of 5.9%, leading to a market valuation of USD 3.6 billion by 2032. These projections highlight the growing demand for vacuum packaging equipment across various industries, particularly in the food and beverage, pharmaceutical, and healthcare sectors.
Vacuum Packaging Equipment Market End-Use Industry Insights
The end-use industry segment plays a critical role in shaping the dynamics of the Vacuum Packaging Equipment Market. Among the key end-use industries, Food and Beverage holds a dominant position, accounting for over 40% of the market revenue in 2023. The growing demand for packaged food products, particularly in emerging economies, is a major driver for this segment. In the Pharmaceutical industry, vacuum packaging equipment is used to ensure product sterility and extend shelf life. The increasing prevalence of chronic diseases and the rise of biologics are contributing to the growth of this segment.The Electronic industry utilizes vacuum packaging equipment to protect sensitive components from moisture and contaminants. The expanding electronics sector, especially in consumer electronics and automotive applications, is fueling the demand in this segment. The Automotive industry employs vacuum packaging equipment for packaging components, such as sensors and actuators. The increasing production of electric and hybrid vehicles is expected to drive growth in this segment.
Vacuum Packaging Equipment Market Regional Insights
The Vacuum Packaging Equipment Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the increasing demand for packaged food products and the presence of major players in the region. Europe is expected to be the second-largest market, driven by the growing adoption of vacuum packaging technologies in the food and beverage industry. APAC is expected to witness significant growth over the forecast period due to the rising demand for packaged food products in emerging economies such as China and India.South America and MEA are expected to have a moderate growth rate, driven by the increasing adoption of vacuum packaging technologies in the food processing industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Vacuum Packaging Equipment Market Key Players And Competitive Insights
Major players in the Vacuum Packaging Equipment Market industry are continuously developing new technologies to gain a competitive edge in the market. Leading Vacuum Packaging Equipment Market players are focusing on innovation and product development to enhance the efficiency and functionality of their products. The Vacuum Packaging Equipment Market is highly competitive, with several key players holding a significant market share. These players are constantly investing in research and development to improve their product offerings and gain a competitive advantage. The Vacuum Packaging Equipment Market is expected to witness significant growth in the coming years due to increasing demand from various end-use industries.One of the leading Vacuum Packaging Equipment Market players is Multivac Sepp Haggenmller SE & Co. KG. The company offers a wide range of vacuum packaging machines, including chamber machines, thermoforming machines, and tray sealers. Multivac has a strong presence, with operations in over 100 countries. Another major player in the Vacuum Packaging Equipment Market is Ilapak. The company offers a comprehensive range of vacuum packaging solutions, including vertical form fill seal machines, horizontal flow wrappers, and thermoforming machines. Ilapak has a strong presence in the food and beverage industry.Another key player in the Vacuum Packaging Equipment Market is Bosch Packaging Technology. The company offers a wide range of vacuum packaging machines, including chamber machines, thermoforming machines, and tray sealers. Bosch Packaging Technology has a strong presence, with operations in over 150 countries. These are just a few of the many key players in the Vacuum Packaging Equipment Market. The market is highly competitive, and players are constantly innovating to gain a competitive edge.
Key Companies in the Vacuum Packaging Equipment Market Include
- Ulma Packaging
- Ebara Packaging
- ILD
- Ferrarini Benelli
- Multivac
- AMETEK
- Daphpack
- Sirman
- Pro Mach
- Cryovac
- Sealed Air
- PFM
- Evergreen Packaging
- VC999
Vacuum Packaging Equipment Market Industry Developments
The Vacuum Packaging Equipment Market is projected to reach a valuation of USD 26.9 Billion by 2032, exhibiting a CAGR of 5.21% during the forecast period of 2024-2032. The rising demand for packaged food products due to changing lifestyles and increasing disposable income is a key driver of market growth. Technological advancements, such as the development of modified atmosphere packaging (MAP) systems, are further contributing to market expansion.Recent news developments in the market include the launch of innovative vacuum packaging solutions by leading players. For instance, in 2023, Sealed Air Corporation introduced a new line of vacuum packaging machines designed to enhance food quality and extend shelf life. Additionally, the growing adoption of sustainable packaging solutions is driving market growth, with manufacturers focusing on developing eco-friendly vacuum packaging materials.
Vacuum Packaging Equipment Market Segmentation Insights
Vacuum Packaging Equipment Market Automation Outlook
- Manually Operated
- Semi-automatic
- Fully Automatic
Vacuum Packaging Equipment Market Chamber Type Outlook
- Single Chamber
- Double Chamber
Vacuum Packaging Equipment Market Material Outlook
- Stainless Steel
- Polypropylene
- Polyethylene
Vacuum Packaging Equipment Market Packaging Style Outlook
- Vacuum Skin Packaging
- Vacuum Pouch Packaging
- Modified Atmosphere Packaging
Vacuum Packaging Equipment Market End-Use Industry Outlook
- Food and Beverage
- Pharmaceutical
- Electronic
- Automotive
Vacuum Packaging Equipment Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
16.19 (USD Billion) |
| Market Size 2023 |
17.03 (USD Billion) |
| Market Size 2032 |
26.9 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.21% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Ulma Packaging, Ebara Packaging, ILD, Ferrarini Benelli, Multivac, AMETEK, Daphpack, Sirman, Pro Mach, Cryovac, Sealed Air, PFM, Evergreen Packaging, VC999 |
| Segments Covered |
Automation, Chamber Type, Material, Packaging Style, End-Use Industry, Regional |
| Key Market Opportunities |
1 Growing adoption of vacuum packaging in the food industry2 Rising demand for shelf-stable and convenient food products3 Technological advancements and automation4 Increasing demand from emerging economies5 Growing awareness of food safety and preservation |
| Key Market Dynamics |
1 Increasing demand for packaged food2 Growing adoption of modified atmosphere packaging3 Technological advancements in vacuum packaging equipment4 Rising focus on food safety and shelf life5 Ecommerce growth driving demand for vacuum packaging solutions |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Vacuum Packaging Equipment Market is expected to reach a valuation of 17.03 Billion USD in 2023.
The Vacuum Packaging Equipment Market is projected to grow at a CAGR of 5.21% between 2024 and 2032.
North America is expected to hold the largest market share in the Vacuum Packaging Equipment Market in 2023.
Vacuum packaging equipment is primarily used in the food and beverage industry for preserving the freshness and shelf life of products. It is also used in the medical and pharmaceutical industries for packaging sterile products and devices.
Some of the key competitors in the Vacuum Packaging Equipment Market include MULTIVAC, Bosch Packaging Technology, and Sealed Air.
The growth of the Vacuum Packaging Equipment Market is primarily driven by the increasing demand for packaged food products, the need to extend the shelf life of products, and the growing adoption of vacuum packaging technology in various industries.
The Vacuum Packaging Equipment Market faces certain challenges, including the high cost of equipment, the need for skilled labor, and the stringent regulatory requirements in some regions.
Emerging trends in the Vacuum Packaging Equipment Market include the adoption of sustainable packaging solutions, the integration of automation and robotics, and the development of advanced vacuum packaging technologies.
The Vacuum Packaging Equipment Market is projected to reach a valuation of 26.9 Billion USD by 2032.
The COVID-19 pandemic had a significant impact on the Vacuum Packaging Equipment Market, leading to a decline in demand from the food and beverage industry. However, the market is expected to recover in the post-pandemic period due to the increasing demand for packaged food products and the need to extend the shelf life of products.
