Vacuum Pouches Market Statistics 2019-2025: Share Forecasts, Regional Trends & Growth drivers
The prime factors responsible for propelling the global vacuum pouches market size in future are rapid urbanization and fast paced industrialization across the globe.
Selbyville, United States – June 27, 2019 /MarketersMedia/ —
Global Vacuum Pouches Market size is likely to witness significant gains during the forecast period. Vacuum pouch is a packaging product made by sealing the bag after the process of excess air removal. Vacuum packaging is a common method of extending the overall shelf life of mainly, food and related products without risking its quality and texture.
The prime factors responsible for propelling the global vacuum pouches market size in future are rapid urbanization and fast paced industrialization across the globe. In addition, technological advancements in business, with respect to improved manufacturing processes and packaging techniques, will positively impacting the vacuum pouches market size by 2024.
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The major challenge to the vacuum pouches market size is the rising demand for improved atmospheric packaging products. Also, the high initial cost is a major drawback of the product, which may hamper the vacuum pouches market size by 2024. However, companies are investing heavily on modifying the product properties such as lightweight, recyclability, extended shelf life and environment friendly.
The overall vacuum pouches market, based on material type, can be segmented into polypropylene (PP), polyethylene (PE), poly vinyl chloride (PVC), poly vinylidene chloride (PVDC) and polyamide (PA). PP, PE and PET are the commonly used products in the business owing to their high strength and high barrier properties.
The Vacuum Pouches Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Vacuum Pouches Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Vacuum Pouches Market Product Insights
5. Vacuum Pouches Market Application Insights
6. Vacuum Pouches Market Regional Insights
7. Competitor Profiles
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Asia Pacific is likely to witness exponential rise in product demand due to speedy growth of retail industry, which is expected to positively influence packaging industry in the coming years. This increase in product demand will propel the vacuum pouches market growth in the forecast period. In case of North America and Europe, the increased demand for industrial products from developed countries of these regions will be driving the vacuum pouches market in coming future. Whereas, Middle East & Africa and Latin America shall witness a moderate growth rate in vacuum pouches market over the projected period.
Reasons to Buy This Report:
1 Vacuum Pouches Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Vacuum Pouches Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The prominent market share contributors functional in the industry are Bemis Company Inc., Sealed Air Corporation, Amcor Limited, Mondi Group and Wipak Group. Other companies include Berry Plastics, Universal Plastic Bags, Tyler Packaging, InterPlas, The Vacuum Pouch Company and Swisspac. Majority of companies are adopting joint ventures and acquisitions as strategies to diversify their product portfolio and penetrate local market, which will aid them to remain ahead in competition in vacuum pouches market.
Contact Info:
Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/vacuum-pouches-market
Source: MarketersMedia
Release ID: 88890426
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