Global Vacuum Skin Packaging Sales Market Report 2023

Vacuum Skin Packaging Market 

Vacuum Skin Packaging (VSP) is an outstanding solution for extending the shelf life of perishable food products, including fresh and processed meats, poultry and seafood, ready-to-eat meals, fresh produce and cheese.

The shelf life of a VSP package is nearly double that of a traditional MAP package, and close to four times longer than a stretch-wrapped product. Everyone benefits from longer shelf life: retailers will reduce their shrink, consumers will reduce their food waste

The materials used to do VSP are PET, PE, PP, EPS etc.

Vacuum Skin Packaging Market Size

Due to the COVID-19 pandemic, the global Vacuum Skin Packaging market size is estimated to be worth US$ 1290.5 million in 2022 and is forecast to a readjusted size of US$ 2125.5 million by 2029 with a CAGR of 7.3% during the forecast period 2023-2029.

Fully considering the economic change by this health crisis, PE accounting for % of the Vacuum Skin Packaging global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.

While Meat and Poultry segment is altered to an % CAGR throughout this forecast period.

Vacuum Skin Packaging Market Share

Global Vacuum Skin Packaging main players are Sealed Air, Bemis Company, Winpak Ltd., Linpac Packaging, etc. Global top four manufacturers hold a share about 35%. North America is the largest market, with a share over 35%.

Vacuum Skin Packaging Market Trends

The Vacuum Skin Packaging market is growing due to the increasing demand for food packaging, as it helps to maintain the freshness and extend the shelf life of food products. Other factors driving the market include the increasing popularity of ready-to-eat meals and the growth of the retail and e-commerce sectors.

In terms of product, the vacuum skin packaging market can be segmented into rigid and flexible vacuum skin packaging. Rigid vacuum skin packaging is projected to hold a larger share of the market due to its superior barrier properties, while flexible vacuum skin packaging is growing due to its lightweight, convenience, and cost-effectiveness.

Geographically, Asia-Pacific is expected to be the largest and fastest-growing vacuum skin packaging market due to the presence of large food and beverage industries, increasing consumer awareness about the benefits of vacuum skin packaging, and the growth of the e-commerce sector.

Overall, the vacuum skin packaging market is expected to show steady growth over the coming years, driven by the increasing demand for packaged food and the advantages offered by vacuum skin packaging

By Type

• PE
• PP
• PA

By Application

• Meat and Poultry
• Seafood
• Dairy Products
• Fresh Produce
• Ready Meals

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Companies

• Sealed Air
• Amcor (Bemis)
• Winpak Ltd.
• Linpac Packaging
• MULTIVAC
• DuPont
• Mondini
• Schur Flexibles
• Plastopil Hazorea
• Quinn Packaging
• Clondalkin Group