Vacuum Skin Packaging Market: Information by Material (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC) and others), by Application (Meat, Poultry, Cheese and others) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast to 2030

Overview of Vacuum Skin Packaging Market

The global vacuum skin packaging market is expected to expand at 5.80% CAGR during the forecast period.  

The global vacuum skin packaging market is projected to register substantial growth during the forecast period. Asia-Pacific is expected to be the leading region in the vacuum skin packaging market due to the growing population of the region, increasing per capita disposable income, and the need for safe and hygienic packaging methods. Furthermore, the rapid economic growth of countries such as China and India fuelling the vacuum skin packaging market in the region during the forecast period.

In 2017, North America held the second largest market share in the vacuum skin packaging market. It has registered significant growth due to the presence of a number of end-use industries in this region.

Segmentation

The global vacuum skin packaging market is segmented based on material and application. On the basis of material, the global vacuum skin packaging market is segmented into PE, PP, PVC,and others. The PE segment is expected to dominate the global market as this type of plastic is approved by the FDA and health-safety agencies throughout the world. It is a very strong and inert material that does not react with foods, is resistant to attack by micro-organisms, and will not degrade biologically.

On the basis of application, the global vacuum skin packaging market is segmented into meat, poultry, cheese, and others. The meat segment holds the maximum market share. Meat is an animal’s tissue, which is consumed by humans as food. The meat segment comprises beef, pork, mutton, and veal.

Key Competitors

The key players operating in the global vacuum skin packaging market are DuPont (US), Amcor Limited (Australia), Sealed Air (US), Berry Global Inc. (US), LINPAC Packaging Limited (UK), Bemis Company Inc. (US), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China), Plastopil Hazorea Company Ltd. (Israel).

Regional Analysis

Region-specific analysis of the global vacuum skin packaging market spans across North America, Europe, Asia-Pacific (APAC), and the rest of the world.

Global Vacuum Skin Packaging Market, by Region, 2017  

Source: MRFR Analysis

In Asia-Pacific, factors such as the increasing population, rising demand for packaged food items, and rapid industrialization in developing economies are expected to propel the market in the region. Additionally, the rising per capita disposable income and changing preferences and lifestyle of consumers also have a positive influence on the growth of the market in the region. China, India, and Japan are the key countries that contribute significantly to the vacuum skin packaging market in the region. Moreover, many global companies operating in the food industry have set up their factories in developing economies such as China and India. Such factors raise the demand for vacuum skin packaging in the region.

Synopsis

The global vacuum skin packaging market has been segmented based on material, application, and region. On the basis of material, the global market is segmented into PE, PP, PVC,and others. The PE segment is expected to dominate the global vacuum skin packaging market due to its inert properties that do not react with foods. It is also resistant to attack by micro-organisms and will not degrade biologically.

In 2017, Sealed Air introduced its new packaging products Cryovac, OptiDure for fresh red meat as well as for smoked and processed meats. The packaging technology is best fit for ready-to-eat meats that conveniently suit busy lifestyles.

Market Segmentation

• By Material – Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), and Others


• By Application – Meat, Poultry, Cheese, and Others

Key Questions Addressed by the Report

• What was the historic market size (2017)?


• Which segmentation (Material/Application) is driving market?


• What will be the growth rate by 2023?


• How are the key players in this market?


• What are the strategies adopted by key players?

Report Scope:

Report Attribute/Metric	Details
Market Size	2030: Significant Value
CAGR	5.80% CAGR (2022-2030)
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Material and Application
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	DuPont (US), Amcor Limited (Australia), Sealed Air (US), Berry Global Inc. (US), LINPAC Packaging Limited (UK), Bemis Company Inc. (US), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China), Plastopil Hazorea Company Ltd. (Israel).
Key Market Opportunities	Growing population of the region and Increasing per capita disposable income
Key Market Drivers	Need for safe and hygienic packaging methods. Increased consumption of meat and poultry Increased government policies regarding food safety Rapid economic growth of countries

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