Lewes, DE -- (SBWire) -- 04/20/2017 --Global Vacuum Packaging market is estimated at $23.56 billion in 2016 and is expected to reach $32.12 billion by 2022 growing at a CAGR of 5.3% from 2016 to 2022. Some of the key factors influencing the market growth include increasing household income as well as liking to spend for hygienic food, robust consumption of convenience and processed food and rapid industrialization in developing economies. However, high Cost of development and variation in environmental mandates across regions are some factors hampering the market growth. Moreover, emergence of new technologies provides huge growth opportunities for the market in the coming years.
Amongst Packaging Material, polyethylene (PE) segment acquired the largest market share in the global market. Polyethylene's low production and processing cost has fuelled PE demand from packaged food industry. In addition, polyethylene is anticipated to continue its dominance followed by polyamide over the next seven years. Asia Pacific region held the largest market share in the global market during the forecast period. Growing preference for a healthy lifestyle coupled with the increasing demand for milk and milk-based products, rising healthcare expenditure is driving the market in this region.
Some of the key players in the market include Coveris Holdings S.A., Amcor Limited, Bemis Company, Inc., ULMA Packaging, S.Coop, Orics Industries, Inc., Sealed Air Corporation, Multisorb Technologies, Inc, Linpac Packaging Limited, Berry Plastics Corporation and CVP Systems, Inc.
Pack Types Covered:
- Semi-Rigid Packaging
- Rigid Packaging
- Flexible Packaging
Machinery Types Covered:
- External Vacuum Sealers
- Tray Sealing Machines
- Thermoformers
- Other Machinery Types
Processes Covered:
- Shrink Vacuum Packaging
- Skin Vacuum Packaging
- Other Processes
Traditional Vacuum Packaging
Packaging Materials Covered:
- Polyvinylidenchloride (PVDC)
- Polypropylene (PP)
- Polyester (PET)
- Polyvinylchloride (PVC)
- Polyamide (PA)
- Polyethylene (PE)
- Other Packaging Materials
Applications Covered:
- Pharmaceuticals
- Industrial Goods
- Food and Beverages
- Packaging of Consumer Goods
- Healthcare
- Other Applications
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 166 pages "Vacuum Packaging - Global Market Outlook (2016-2022)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Vacuum Packaging Market, By Pack Type, Global Vacuum Packaging Market, By Machinery Type, Global Vacuum Packaging Market, By Process, Global Vacuum Packaging Market, By Packaging Material, Global Vacuum Packaging Market, By Application, Global Vacuum Packaging Market, By Geography, Key Developments, Company Profiling.
For more information Visit at: http://www.marketresearchreports.com/stratistics-mrc/vacuum-packaging-global-market-outlook-2016-2022
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