Global Vacuum Packaging Equipment Market 2018-2022
About vacuum packaging equipment
Vacuum packaging equipment helps in vacuum packaging of food, pharmaceutical, chemical, and cosmetics products to protect them from bacterial contamination. In addition, it increases the shelf-life of products.
Technavio’s analysts forecast the global vacuum packaging equipment market to grow at a CAGR of 5.70% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global vacuum packaging equipment market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of vacuum packaging equipment in terms of end-user (food processing, pharmaceutical, chemical, cosmetics, and others) and geographic regions (APAC, EMEA, and the Americas).
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vacuum Packaging Equipment Market 2018-2022
Technavio recognizes the following companies as the key players in the global vacuum packaging equipment market: Amcor, Bemis Company, Berry Global, Klöckner Pentaplast, Sealed Air
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is use of non-contact sensors in vacuum packaging machines”
According to the report, one driver that is affecting the market is Exponential growth in e-commerce industry”
Further, the report states that one challenge that is affecting the market is using plastic as packaging material”
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