Vacuum Packaging Market Size, Analysis, and Forecast Report: 2016-2026

Vacuum packaging is a modern methodology for packaging food and various other products. The process involves withdrawal of the air included in the package and then sealing it. Vacuum packaging is a common technique of extending the shelf life of food related products without adversely impacting their quality. Vacuum packaging is an efficient way of decreasing food spoilage, but also generates situations which assist in the growth of anaerobic organisms. Over the past few years, vacuum packaging has become an encouraging packaging solution to guarantee product safety and protection for longer periods. The intensifying awareness of reliable and superior-quality packaging food in emerging economies is one of the major factors contributing significantly for the growth of the vacuum packaging market. Due to speedy urbanization and industrialization the vacuum packaging market is undergoing technological advancements. New and innovative developments which includes production of vacuum packages that holds recyclable packaging, and light-weight packaging are accumulating value to the vacuum packaging market. The vacuum packaging market has grown at a rapid pace over the past few years and is likely to observe stupendous growth during the forecast period.

Global Vacuum Packaging: Market Segmentation

The global Vacuum Packaging market is segmented on the basis of application which includes pharmaceutical, food, packaging of consumer goods and industrial packaging. In 2015, food packaging captured the maximum share in revenue terms in the global vacuum packaging market. The segment is anticipated to remain dominant during the forecast period. The global vacuum packaging market is also bifurcated on the basis of machinery types used for packaging of the products such as external vacuum sealers, thermo formers, tray-sealing machine, and other machines. The global vacuum packaging market is also divided on the basis of pack type which includes rigid packaging, semi-rigid...