Vacuum Packaging Market, Spurred by pharmaceuticals and F&B Industry, predicted to continue high growth till 2021.
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The Vacuum Packaging Market deals with the packaging technology. Vacuum Packaging is a packaging method which removes air from the package prior to sealing.
This method of packaging involves three steps, first placing the item in a plastic film and then removing inside air and finally sealing the package. It is a common technique used to seal food and also used in protecting quality of food related products and extending their shelf life being as a food saver.
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Scope & Regional Forecast of the Vacuum Packaging Market
The growing awareness about hygienic packaging along with good quality is the major factor contributing to the growth of the Vacuum Packaging Market. The need for longer shelf life of different products drives the demand for the vacuum package.
The major end users like pharmaceuticals and F&B industry are boosting the demand for vacuum package. Since many years vacuum packaging is playing a important role in guaranteeing about product safety and protection for longer periods.
Various food products like cheese, fish, nuts and many others can be pre-packaged with a food sealer machine at a lower price, hence vacuum packaging aids in cost-effective. Innovative developments like recyclable packaging, food vacuum bags and light-weight packaging are developing the Vacuum Packaging Market.
The Asia-Pacific is holding the largest shares in the Vacuum Packaging Market. In the developing countries like China and India are estimated to grow at higher rate during the forecast period because market is well established in this regions.
The growing demand for hygienic packaging which ensures products safety and freshness during longer periods.
Segmentations & Key Players Involved in the Vacuum Packaging Market
The Vacuum Packaging Market can be broken down into various segmentations on the basis of -
Application: Food, Health-care, Industrial Goods, Pharmaceuticals, Consumer Goods and Others.
Process: Skin Vacuum Packaging, Shrink Vacuum Packaging and Others (Traditional Vacuum Packaging).
Packaging Material: Polyethylene, polyamide, Ethylene Vinyl Alcohol and Others.
Machinery: Thermo-forms, External Vacuum Sealers, Tray-Sealing Machines, Vacuum Packaging Machine and Others.
Pack Type: Flexible Packaging, Semi-rigid Packaging, Rigid Packaging and Others.
Geography: Americas, Europe, APAC and Rest of the World (RoW).
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Some of the key players involved in the Vacuum Packaging Market are as follows:
Anhui Zengran Packaging Technology Co.,Ltd
Zhengzhou Jiangyuan Food Machinery and Equipments
Guangzhou Hacon Packaging Machinery Co., Ltd.,
Universal Protective Packaging, Inc
Transparent Packaging, Inc.
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* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
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