Product Overview
Vacuum packaging machines are devices popularly used in the packaging of food and non-food products and are generally used by supermarkets, shops, hypermarkets, etc. A pouch or bag is placed in the machine’s vacuum nozzle, is pressed and locked by the sealing-jaw and then air is pulled out on instructions. After the completion of the procedure, the pouch is sealed completely. Market Highlights
Global Food Vacuum Machine Market is expected to project a notable CAGR of 5.74% in 2030.
Global Food Vacuum Machine Market to exceed USD 21.35 billion by 2030 from USD 12.22 billion in 2020 at a CAGR of 5.74% in the coming years, i.e., 2020-30. Increasing demand for shelf-stable products and ready-to-eat meals due to the hectic and busy lifestyles of the populace is propelling the growth of the global market. Mounting inclination towards convenient and easy-to-handle packaging is also contributing towards the overall market growth.Recent Highlights
In November 2019, Ulma Packaging invested approximately EUR 5 million to complete the expansion of its tray sealing plant in Onati, Spain, following its recent expansion. This new plant will help the company increase its production capacity.
In September 2019, Multivac (Germany) launched new tray sealing and chamber belt machines for automated vacuum packaging of food products in film containers. This will help the company to strengthen its product portfolio
Global Food Vacuum Machine Market: Segments
Meat & Sea-Food segment to grow with the highest CAGR during 2020-30
Global Food Vacuum Machine Market is divided by application into Meat & Sea-Food, Fruits & Vegetables, Dairy Products, and Others. The meat & Sea-Food segment held the largest market share of XX.X% in the year 2019 and will continue to dominate the market in the coming years as meat occupies most of the shelf space at the supermarkets/hypermarkets which are further anticipated to proliferate the demand for the food vacuum machines to preserve them for a longer duration of time.Market Dynamics
Drivers
Rising demand for ready-to-eat food
Consumer preferences have observed a major shift towards ready-to-eat products due to a busy lifestyle which has propelled the growth of the food vacuum machine market. Over the past few years, the demand for easy-to-handle and convenient packaging products has increased which is a key driving factor for the growth of the global food vacuum machine market.Restraint
High installation cost
Higher costs involved in the deployment of vacuum machines are the key factor restraining the growth of the global market. Food vacuum packaging machines also entail frequent maintenance, overall leading to higher prices for installation and further maintenance of the machinery.
Global Food Vacuum Machine Market: Key Players
Ulma Packaging
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Astrapac
Electrolux Professional
Henkelman
Henkovac International
Proseal (UK),
Multivac (Germany),
Electrolux Professional
Promarks
Proseal
Other Prominent Players
Global Food Vacuum Machine Market: Regions
Global Food Vacuum Machine Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Food Vacuum Machine Market in the Asia Pacific held the largest market share of XX.X% in the year 2019. The Asia Pacific will continue to dominate the Global Food Vacuum Machine Market owing to the increasing disposable income of the populace, rising awareness of hygienic packaging solutions. Emerging local brands are also propelling the growth of the market in the region
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Contents
1. Executive Summary
2. Global Food Vacuum Machine Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Food Vacuum Machine Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Food Vacuum Machine Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Food Vacuum Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada) By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa) By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product Type: Market Share (2020-2030F)
12.2.1. External Vacuum Sealers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Chamber Vacuum Machines, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Tray Sealing Machines, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Other Machinery Types, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By End-User: Market Share (2020-2030F)
12.3.1. Industrial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Commercial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Domestic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Packaging Type: Market Share (2020-2030F)
12.4.1. Rigid, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Semi-Rigid, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Flexible, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By Packaging Type: Market Share (2020-2030F)
12.5.1. Meat & Sea-Food, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Fruits & Vegetables, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Dairy Products, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. Company Profile
14. Ulma Packaging
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. Astrapac
16. Electrolux Professional
17. Henkelman
18. Henkovac International
19. Proseal (UK),
20. Multivac (Germany),
21. Electrolux Professional
22. Promarks
23. Proseal
24. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
