The Vacuum Packaging Market in Europe is being driven by Rising focus on improving shelf life of products
The Vacuum Packaging Market in Europe is expected to grow at a CAGR of 4.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2306.3 million. The European vacuum packaging market is witnessing a significant trend towards the utilization of high-performance plastic resins, particularly those with superior barrier properties. Biaxially oriented polyethylene terephthalate (BOPET) and ethylene vinyl alcohol (EVOH) resins are increasingly being adopted due to their enhanced ability to prevent the penetration of oxygen, light, and water. Despite their higher cost compared to conventional films, BOPET and EVOH films are gaining traction due to their superior barrier properties, which help maintain the aroma, original texture, and flavor of packaged goods. These advanced films ensure effective preservation of sensitive food items and pharmaceuticals, thereby extending their shelf life and enhancing consumer satisfaction.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
207 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.2% |
Market growth 2025-2029 |
USD 2306.3 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.9 |
Key countries |
Germany, UK, France, Italy, and Rest of Europe |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The European vacuum packaging market encompasses various technologies such as shrink wrapping, gas flushing, and vacuum sealing. These methods ensure superior barrier properties, including oxygen and moisture barriers, for extended shelf life and food spoilage prevention. Pulse vacuum, heat sealing, and labeling technology enhance packaging integrity and durability. Packaging automation, line integration, optimization, and cost reduction are key trends. Sustainable materials like compostable and recyclable packaging, along with waste reduction and circular economy packaging, are gaining popularity. Consumer appeal, brand loyalty, and convenience are crucial factors, with packaging safety and functionality remaining top priorities. Microbial growth inhibition and extended shelf life are essential benefits, while packaging aesthetics and sustainability continue to influence market growth.
In the European vacuum packaging market, various components play pivotal roles, including Vacuum Packaging Machines, Chamber Vacuum Sealers, Vacuum Packaging Bags, Sous Vide Packaging, and Modified Atmosphere Packaging. The value chain for vacuum packaging encompasses raw material suppliers, manufacturers of metal, glass, and plastic containers, and distributors. Raw materials consist of steel, aluminum, tin for metal containers; borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, HDPE, LDPE, PET, PP, and PVC for plastic containers. Manufacturers develop and produce these materials on a large scale to cater to market demands, while distributors facilitate the delivery of these products to end-users.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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