Jan 12, 2023   SOURCE: BusinessWire

Global Vacuum Packaging Strategic Business Report 2022: 43 Players Featured Include Amcor, Bemis, Berry Plastics and Coveris Holdings Among Others - ResearchAndMarkets.com

The "Vacuum Packaging: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Vacuum Packaging estimated at US$24.5 Billion in the year 2020, is projected to reach a revised size of US$31.9 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027.

Polyethylene, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$13.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyamide segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.7 Billion, While China is Forecast to Grow at 6.5% CAGR

The Vacuum Packaging market in the U.S. is estimated at US$6.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.2 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.1 Billion by the year 2027.

Ethylene Vinyl Alcohol Segment to Record 3.7% CAGR

In the global Ethylene Vinyl Alcohol segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment.

These regional markets accounting for a combined market size of US$3.7 Billion in the year 2020 will reach a projected size of US$4.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4% CAGR through the analysis period.

Select Competitors (Total 43 Featured) -

  • Amcor Ltd.
  • Bemis Co., Inc.
  • Berry Plastics Corporation
  • Coveris Holdings SA
  • CVP Systems, LLC
  • LINPAC Packaging
  • Multisorb Filtration Group
  • Orics Industries, Inc.
  • Sealed Air Corporation
  • ULMA Packaging, S.Coop.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Vacuum Packaging - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2oc4gf