The Vacuum Packaging Market is set to witnessing a number of high-value opportunity areas such as “intelligent packaging” with the use of RFID technology.
The global vacuum packaging market with analyses and forecast of the global market size for vacuum packaging till 2020. It also identifies the driving and restraining factors of the market with an analysis of industry trends, opportunities, challenges, an
(EMAILWIRE.COM, January 19, 2017 ) “Vacuum Packaging Market by Packaging Material (PE, Polyamide, EVA), by Type (Rigid, Semi-rigid), by Machinery (Thermoformers, External Vacuum Sealers, Others), by Process (Skin Vacuum, Shrink Vacuum, Others), by Application (Food, Others) & Region - Global Forecast to 2020”
The global vacuum packaging market with analyses and forecast of the global market size for vacuum packaging till 2020. It also identifies the driving and restraining factors of the market with an analysis of industry trends, opportunities, challenges, and burning issues.
Browse 204 market data Tables and 56 Figures spread through 242 Pages and in-depth TOC on "Vacuum Packaging Market – Global Forecast to 2020”
The global vacuum packaging market is segmented on the basis of application, process, packaging material, machinery, pack type, and region. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is forecasted till 2020. The major countries in all the regions have been considered for this study.
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The vacuum packaging market is supplier-oriented and exhibits substantial progress due to rapid industrialization and urbanization. This market is going through continuous variations with regard to technological upgradations and economic factors. The vacuum packaging market is significantly affected by a trend where eco-conscious consumers give preference to packaging that use biodegradable, recycled, or non-petroleum-based materials, which reduce the amount of waste. This has pushed the key players in the vacuum packaging market to invest extensively for R&D initiatives. New developments such as manufacturing of vacuum packages that possess barrier properties, recyclable packaging, and lightweight packaging are adding value to the vacuum packaging market.
The vacuum packaging market is witnessing a number of high-value opportunity areas such as “intelligent packaging” with the use of RFID technology. Intelligent packaging enables consumers to assess the quality of product inside the package owing to its ability to sense, detect, or record external or internal changes in the products environment. Product manufacturers are keen to implement anti-counterfeiting techniques and/or tamper-evident sealing techniques with the help of intelligent packaging. Rise in manufacturing output, organized retail growth, and increasing demand for safe & hygienic packaging have driven the demand and growth of the vacuum packaging market.
The vacuum packaging market is projected to reach USD 27.67 Billion by 2020 at an estimated CAGR of 4.24% from 2015 to 2020. The Asia-Pacific region is projected to grow the fastest during the forecast period, that is, from 2015 to 2020. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.
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The vacuum packaging market is marked with intense competition due to the presence of a large number of players. The market for this industry is highly unorganized because of the presence of small and medium manufacturers. New product launches and expansions are the key strategies adopted by market players to expand their business. Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Berry Plastics Corporation (U.S.), Sealed Air Corporation (U.S.), and Linpac Packaging Limited (U.K.) among others, are some of the major vacuum packaging companies focusing on expanding their market base in the global vacuum packaging market. This is successfully achieved with the assistance of numerous market strategies adopted by these companies, which includes joint ventures, new product developments, expansions, and mergers & acquisitions.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
The global vacuum packaging market with analyses and forecast of the global market size for vacuum packaging till 2020. It also identifies the driving and restraining factors of the market with an analysis of industry trends, opportunities, challenges, and burning issues.
Browse 204 market data Tables and 56 Figures spread through 242 Pages and in-depth TOC on "Vacuum Packaging Market – Global Forecast to 2020”
The global vacuum packaging market is segmented on the basis of application, process, packaging material, machinery, pack type, and region. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is forecasted till 2020. The major countries in all the regions have been considered for this study.
Download PDF Brochure - http://www.marketsandmarkets.com/pdfdownload.asp?id=65917627
The vacuum packaging market is supplier-oriented and exhibits substantial progress due to rapid industrialization and urbanization. This market is going through continuous variations with regard to technological upgradations and economic factors. The vacuum packaging market is significantly affected by a trend where eco-conscious consumers give preference to packaging that use biodegradable, recycled, or non-petroleum-based materials, which reduce the amount of waste. This has pushed the key players in the vacuum packaging market to invest extensively for R&D initiatives. New developments such as manufacturing of vacuum packages that possess barrier properties, recyclable packaging, and lightweight packaging are adding value to the vacuum packaging market.
The vacuum packaging market is witnessing a number of high-value opportunity areas such as “intelligent packaging” with the use of RFID technology. Intelligent packaging enables consumers to assess the quality of product inside the package owing to its ability to sense, detect, or record external or internal changes in the products environment. Product manufacturers are keen to implement anti-counterfeiting techniques and/or tamper-evident sealing techniques with the help of intelligent packaging. Rise in manufacturing output, organized retail growth, and increasing demand for safe & hygienic packaging have driven the demand and growth of the vacuum packaging market.
The vacuum packaging market is projected to reach USD 27.67 Billion by 2020 at an estimated CAGR of 4.24% from 2015 to 2020. The Asia-Pacific region is projected to grow the fastest during the forecast period, that is, from 2015 to 2020. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.
Request Sample Copy of this report - http://www.marketsandmarkets.com/requestsample.asp?id=65917627
The vacuum packaging market is marked with intense competition due to the presence of a large number of players. The market for this industry is highly unorganized because of the presence of small and medium manufacturers. New product launches and expansions are the key strategies adopted by market players to expand their business. Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Berry Plastics Corporation (U.S.), Sealed Air Corporation (U.S.), and Linpac Packaging Limited (U.K.) among others, are some of the major vacuum packaging companies focusing on expanding their market base in the global vacuum packaging market. This is successfully achieved with the assistance of numerous market strategies adopted by these companies, which includes joint ventures, new product developments, expansions, and mergers & acquisitions.
About MarketsandMarkets -
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results