Albany, NY -- (SBWIRE) -- 08/09/2016 -- About Vacuum Packaging

Vacuum packaging is growing in popularity worldwide. It can also complement alternative preservation methods. In such packaging, food is enclosed in a package from which oxygen is removed prior to sealing. This helps in increasing the shelf life and maintaining the quality of food. Food manufacturers are always looking for ways to improve product safety and extend the shelf life of products through the use of better packaging materials, such as vacuum packaging, without altering the physical or chemical properties of foodstuffs, or adding any preservatives.

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Technavios analysts forecast the Global Vacuum Packaging Market to grow at a CAGR of 4.41% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global vacuum packaging market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

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Technavio's report, Global Vacuum Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Bemis
Berry Plastics
LINPAC Group
Sealed Air

Other prominent vendors
Coveris Holdings
CVP Systems
Harpak-ULMA Packaging
Multisorb Technologies
Orics
StePac
Venus Packaging
Winpak

Market driver
Demand for hygienic packaging from food industry
For a full, detailed list, view our report

Market challenge
Increase in popularity of modified atmosphere packaging (MAP)
For a full, detailed list, view our report

Market trend
Focus on sustainable packaging
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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