Home > Packaging > Advanced Packaging > Vacuum Skin Packaging Market

Vacuum Skin Packaging Market Share

Report ID: GMI11756
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Vacuum Skin Packaging Market Share

Sealed Air Corporation, Amcor, MULTIVAC Group, Winpak, and Coveris collectively hold over 20% of the vacuum skin packaging industry due to their extensive expertise in packaging technologies, strong global presence, and continuous innovation. These companies offer advanced solutions for extending shelf life and preserving food quality, positioning them as key players in a market driven by demand for fresh, sustainable packaging options. Their broad portfolios, industry partnerships, and ability to meet diverse customer needs also contribute to their dominant market share. Their investments in research and development enable them to introduce cutting-edge technologies that enhance product protection, reduce waste, and meet evolving regulatory standards.

Additionally, their global supply chains and strong customer relationships allow them to efficiently serve both local and international markets, further solidifying their position in this competitive space.

Vacuum Skin Packaging Market Companies

Competition in the vacuum skin packaging industry is driven by factors such as product innovation, sustainability, pricing, and distribution networks. Companies are competing on the development of advanced packaging technologies that enhance product shelf life, reduce environmental impact, and offer convenience. Price competitiveness is crucial, especially in high-volume markets, while effective distribution channels help players reach a wider customer base. Differentiation through eco-friendly solutions and customizable packaging options is also key in attracting and retaining clients.

Vacuum Skin Packaging Market Share

Major players operating in the vacuum skin packaging industry are:

Adapa
Amcor
Atlantis-Pak
Coveris Holdings
Flexopack
G. Mondini
Klockner Pentaplast
KM Packaging Services
MULTIVAC Group
Pakmar
Plastopil Hazorea
Prepac Packaging Solutions
Sealed Air Corporation
SEALPAC International
Sirane
Stora Enso
Toray Plastics (America)
Triton International
Winpak

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market for vacuum skin packaging was reached USD 7.8 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2032, driven by the increasing demand for food preservation and extended shelf life.

The polyethylene (PE) segment is projected to surpass USD 3 billion by 2032, attributed to its superior properties that make it a preferred material for packaging solutions.

The ready-to-eat meals segment is the fastest-growing application in the vacuum skin packaging market, with a projected CAGR of over 6% from 2024 to 2032, led by increasing consumer awareness of health and wellness.

North America region held around 30% share of the vacuum skin packaging market in 2023, on account of rising demand for convenience foods and ready-to-eat meals that require VSP for freshness and safety.

Major players in the vacuum skin packaging industry include Adapa, Amcor, Atlantis-Pak, Coveris Holdings, Flexopack, G. Mondini, Klockner Pentaplast, KM Packaging Services, MULTIVAC Group, Pakmar, Plastopil Hazorea, Prepac Packaging Solutions, Sealed Air Corporation, SEALPAC International, Sirane, Stora Enso, Toray Plastics (America), Triton International, and Winpak.