According to the recent study the vacuum skin packaging market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 7% from 2023 to 2028. Growth in this market is primarily driven by growing demand for vacuum skin packaging from meat and dairy industries, increasing demand for food preservation, and rising consumer needs for long lasting food products.
Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in vacuum skin packaging market by product type (VSP films and trays & films), material type (polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and others), end use industry (meat, poultry, seafood, dairy products, fresh produce, ready meals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“VSP films market is expected to remain the largest segment during the forecast period.”
Based on product type, the vacuum skin packaging market is segmented into VSP films and trays & films. Lucintel forecasts that the VSP films market is expected to remain the largest segment due to growing demand for meat and poultry products.
“Within the vacuum skin packaging market, the meat segment is expected to remain the largest end use industry”
Based on end use industry the meat segment is expected to witness the highest growth over the forecast period due to the growing demand of meat packaging owing to changing lifestyle and rapid urbanization.
“Asia pacific will dominate the vacuum skin packaging market in near future”
Asia Pacific is expected to remain the largest region and will experience the highest growth over the forecast period due to the existence of large number of vacuum skin packaging producers and rising demand for packaged food products.
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Major players of vacuum skin packaging market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Amcor, Sealed Air, Bemis, Berry Plastic, Linpac Packaging, Winpak, Plastissimo Film, Schur Flexible Holdings, Plastopil Hazorea, Multivac are among the major vacuum skin packaging providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vacuum-skin-packaging-market.aspx or [email protected]