Albany, NY -- (SBWIRE) -- 01/08/2018 -- Vacuum Packaging Machine Market: Overview

Vacuum packaging machines are been readily used in packaging of food and non-food products. Vacuum packaging process involves drawing air out of the package and then sealing the product in an impermeable package. Vacuum Packaging Machine is a device that removes air from the product package thus increasing the product shelf-life and is readily used by shops, supermarkets, hypermarkets, etc. A pouch or bag is inserted in the machine's vacuum nozzle, the sealing-jaw is pressed & the pouch is locked. Then on instructions, air pulling out process initiates. On completing this process, the pouch is sealed completely. Over the past few years, vacuum packaging machines have become a promising packaging solution that carries out a cost effective procedure for preserving perishable food products. In the non-food industry, vacuum machines are often used for pharmaceuticals packaging, cosmetics and personal care products packaging.

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Vacuum Packaging Machine Market: Drivers & Restraints

Robust growth in consumption of processed food has led to an increase in demand for the vacuum packaging resulting in the growth of global vacuum packaging machine market. Also, the rise in awareness of consistent and hygienic packaging solution in developed as well as developing economies are some factors largely contributing to the growth of the vacuum packaging machine market. However, high installation cost and frequent maintenance are some of the restraining factors for the growth of global vacuum packaging machine market.

Vacuum Packaging Machine Market: Segmentation

The vacuum packaging machine market is segmented as follows

On the basis of machine type, the vacuum packaging machine market is segmented into:

External Vacuum Sealer Machine
Thermoforming Machine
Tray-sealing machine
Other

On the basis of applications, the vacuum packaging machine market is segmented into:

Food & Beverages
Pharmaceutical,
Consumer goods
Industrial packaging
Others

On the basis of packaging type, the vacuum packaging machine market is segmented into:

Rigid packaging
Semi-rigid packaging
Flexible packaging

Vacuum Packaging Machine Market: Segmentation Overview

The global vacuum packaging machine market is segmented based on the machine used for packaging of the products such as thermoforming machine, external vacuum sealer machine, tray-sealing machine, etc. As compared to other machines, the external vacuum sealer machine generates higher revenue owing to its availability in compact size and easy processing. The global vacuum packaging machine market is also bifurcated on the basis of application such as food & beverages, pharmaceutical, consumer goods packaging, industrial packaging, etc. Machine used for Food & Beverages packaging captured the highest revenue and is anticipated to remain dominant over the forecast period.

Vacuum Packaging Machine Market: Regional Overview

Geographically, the vacuum packaging machine market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Over the upcoming decade, Asia-Pacific region is anticipated to emerge as the market leader in the global vacuum packaging machine market over the forecast period. Growing demand for Food & Beverages industry coupled with increasing pharmaceutical packaging, growth in population is likely to drive the overall progress in the Asia-Pacific vacuum packaging machines market. North America and Europe are mature markets in terms of use of vacuum packaging machine and are expected to have a stable growth during the forecast period. Majorly used for Food & beverages and pharmaceutical industry, the vacuum packaging machines market in Europe and North America region is expected to bag a substantial market share over the forecast period. Moreover, with growing urbanization and rise in disposable income in Middle-East, Africa, and Latin America region, it is expected to observer a substantial growth in vacuum packaging machines market over the forecast period. Overall, global vacuum packaging machines market is likely to grow at a healthy CAGR over the forecast period.

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Vacuum Packaging Machine Market: Key Players

Some of the key players that operate in the vacuum packaging machine market across the globe are Henkelman Vacuum Systems, Henkovac, Royal Pack Industries. Amar Packaging, Packaging Center Inc., Vacmaster, Packaging Aids and others