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Vacuum Skin Packaging Market Trends

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

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Vacuum Skin Packaging Market Trends

The latest trend in the vacuum skin packaging (VSP) industry focuses on sustainability and material innovation. Companies are developing thinner, high-barrier films that reduce plastic usage while maintaining product protection and freshness. Additionally, advancements in eco-friendly materials, such as recyclable and biodegradable films, are driving adoption, catering to consumer demand for sustainable packaging. Enhanced visual appeal and transparency are also trending, with VSP increasingly used to showcase premium products in retail environments. These innovations, coupled with cost-efficient solutions, are shaping the future of VSP in the food packaging industry.

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.