Description
Global Vaccum Skin Packaging Market
Introduction
Vacuum skin packaging is a technique of packaging in which the product is placed on a paperboard and is packaged in a plastic film package, after removal of air from the package. The vacuum skin packaging has either a rigid or semi-rigid bottom web which facilitates the holding of the products in place. Vacuum skin packaging ensures longer shelf life of the product and is majorly used for storing dry foods such as meat, cheese and cereals among others. It can also be used for storing of fresh fruits and vegetables for a short duration without the use of preservatives.
The global vacuum skin packaging market has experienced a humongous growth over the past years and as per the estimation the global vacuum skin packaging market will grow more on a rapid pace during the forecast period. The major drivers contributing to the growth of the market include increasing consumption of meat and poultry, growth in retail sector and increased government policies regarding food safety. However, the growth of this market is also expected to be restrained by the stringent regulations on packaging material waste and recycling.
Global vacuum skin packaging has very broad market in coming recent years. MRFR analysts has predicted that meat and poultry industry are about to grow at a rapid pace, moreover, the increasing preference to bio-degradable and recyclable packaging are also creating opportunities for the growth of the vacuum skin packaging market. The global vacuum skin packaging market is expected to reach USD 18,392 million by 2023 with a CAGR of 5.77%.\
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Key Players
The key players of vacuum skin packaging market include Bemis Company Inc. (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China) and others.
Objective of Global Vacuum Skin Packaging Market Analysis & Forecast, from 2016 to 2023
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on operating system.
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
Target Audience
• Manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Key Findings
• On the basis of material, the market is segmented as Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC) and others. Polyethylene (PE) is projected to grow at the highest CAGR of 6.10% during the forecast period.
• On the basis of application, the market is segmented as Meat, Poultry, Cheese and others. Meat is projected to grow at the highest CAGR of 6.17% during the forecast period.
• Asia-Pacific dominates the global vacuum skin packaging market with 36.26% of share in 2016, in terms of value. It is expected to grow at a CAGR of 6.08% during the forecast period. North America was the second-largest market in 2016, valued at USD 3,889.2 million in 2016; it is projected to grow at a CAGR of 5.84%.
The regional analysis also includes –
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
o South America
o Middle East and Africa
Table of Contents
Table of Contents
1 Executive Summary 11
2 Introduction 13
2.1 Definition 13
2.2 Scope of the Study 13
2.3 Assumptions 13
2.4 Market Structure 14
3 Research Methodology 15
3.1 Research Process 15
3.2 Primary Research 16
3.3 Secondary Research 16
3.4 Market Size Estimation 16
3.5 Forecast Model 18
4 Market Dynamics 19
4.1 Drivers 19
4.1.1 Increasing Consumption of Meat and Poultry: 19
4.1.2 Growth in the Retail Sectors/Increasing Number of Retails Outlets 21
4.1.3 Increased Government Policies Regarding Food Safety 21
4.2 Impact Analysis 22
4.3 Restraints 22
4.3.1 Added Cost of the Products 22
4.3.2 Stringent Regulations on Packaging Material Waste and Recycling 22
4.4 Impact Analysis 23
4.5 Opportunities 23
4.5.1 Preference to Bio-Degradable and Recyclable Packaging 23
4.5.2 Integration with Smart Packaging Techniques 24
5 Market Factor Analysis 25
5.1 Porter's 5 Forces Analysis 25
5.1.1 Threat of New Entrants 25
5.1.2 Bargaining Power of Suppliers 25
5.1.3 Bargaining Power of Buyers 26
5.1.4 Threat of Substitutes 26
5.1.5 Segment Rivalry 26
5.2 Value Chain Analysis 27
5.2.1 Raw Material Supply 27
5.2.2 Manufacture 27
5.2.3 Distribution 27
5.2.4 End-use 28
6 Global Vacuum Skin Packaging Market, By Material 29
6.1 Polyethylene (PE) 30
6.2 Polypropylene (PP) 30
6.3 Polyvinyl Chloride (PVC) 30
6.4 Others 31
7 Global Vacuum Skin Packaging Market, By Application 33
7.1 Introduction 34
7.2 Meat 34
7.3 Poultry 34
7.4 Cheese 35
7.5 Others 35
8 Global Vacuum Skin Packaging Market, By Region 37
8.1 Introduction 38
8.2 North America 39
8.2.1 U.S 41
8.2.2 Canada 42
8.3 Europe 44
8.3.1 Germany 46
8.3.2 U.K. 47
8.3.3 France 49
8.3.4 Spain 50
8.3.5 Italy 52
8.3.6 Rest of Europe 53
8.4 APAC 54
8.4.1 China 55
8.4.2 Japan 56
8.4.3 India 57
8.4.4 Rest of APAC 59
8.5 Rest of the World (RoW) 60
8.5.1 South America 62
8.5.2 Middle East & Africa 63
9 Competitive Scenario 65
9.1 Competitive Landscape 65
10 Company Profiles 66
10.1 DuPont 66
10.1.1 Company Overview 66
10.1.2 Financial Overview 66
10.1.3 Product/Service Offering 67
10.1.4 Strategy 69
10.1.5 SWOT Analysis 69
10.2 Amcor Ltd. 70
10.2.1 Company Overview 70
10.2.2 Financial Overview 70
10.2.3 Product/Service Offering 71
10.2.4 Strategy 71
10.2.5 SWOT Analysis 72
10.3 Sealed Air Corporation 73
10.3.1 Company Overview 73
10.3.2 Financial Overview 73
10.3.3 Product/Service Offering 74
10.3.4 Strategy 74
10.3.5 SWOT Analysis 75
10.4 Berry Global Group, Inc. 76
10.4.1 Company Overview 76
10.4.2 Financial Overview 76
10.4.3 Product/Service Offering 77
10.4.4 Strategy 77
10.4.5 SWOT Analysis 78
10.5 Bemis Company Inc. 79
10.5.1 Company Overview 79
10.5.2 Financial Overview 79
10.5.3 Product/Service Offering 80
10.5.4 Strategy 82
10.5.5 SWOT Analysis 82
10.6 Linpac Packaging Limited 83
10.6.1 Company Overview 83
10.6.2 Financial Overview 83
10.6.3 Product/Service Offering 83
10.6.4 Strategy 84
10.7 G. Mondini SpA 86
10.7.1 Company overview 86
10.7.2 Financial Overview 86
10.7.3 Product/Service Offering 86
10.7.4 Strategy 86
10.8 Green Packaging Material (Jiangyin) Co., Ltd. 87
10.8.1 Company Overview 87
10.8.2 Financial Overview 87
10.8.3 Product/Service Offering 87
10.8.4 Strategy 87
10.9 Plastopil Hazorea Company Ltd 89
10.9.1 Company Overview 89
10.9.2 Financial Overview 89
10.9.3 Product/Service Offering 89
10.9.4 Strategy 89
List of Tables
TABLE 1 GLOBAL VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 31
TABLE 2 GLOBAL VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 36
TABLE 3 GLOBAL VACUUM SKIN PACKAGING MARKET, BY REGION, 2015–2023 (USD MILLION) 38
TABLE 4 NORTH AMERICA: VACUUM SKIN PACKAGING MARKET, BY COUNTRY, 2015–2023 (USD MILLION) 39
TABLE 5 NORTH AMERICA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 40
TABLE 6 NORTH AMERICA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 40
TABLE 7 U.S.: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 41
TABLE 8 U.S.: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 42
TABLE 9 CANADA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 42
TABLE 10 CANADA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 43
TABLE 11 EUROPE: VACUUM SKIN PACKAGING MARKET, BY COUNTRY, 2015–2023 (USD MILLION) 44
TABLE 12 EUROPE: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 45
TABLE 13 EUROPE: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 45
TABLE 14 GERMANY: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 46
TABLE 15 GERMANY: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 47
TABLE 16 U.K.: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 47
TABLE 17 U.K.: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 48
TABLE 18 FRENCH MEAT PRODUCTION, CONSUMPTION AND EXPORT SALES, 2013 (IN THOUSANDS OF TONNES CWE) 49
TABLE 19 FRANCE: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 49
TABLE 20 FRANCE: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 50
TABLE 21 SPAIN: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 50
TABLE 22 SPAIN: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 51
TABLE 23 ITALY: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 52
TABLE 24 ITALY: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 52
TABLE 25 REST OF EUROPE: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 53
TABLE 26 REST OF EUROPE: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 53
TABLE 27 APAC: VACUUM SKIN PACKAGING MARKET, BY COUNTRY, 2015–2023 (USD MILLION) 54
TABLE 28 APAC: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 54
TABLE 29 APAC: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 54
TABLE 30 CHINA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 55
TABLE 31 CHINA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 56
TABLE 32 JAPAN: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 56
TABLE 33 JAPAN: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 57
TABLE 34 INDIA’S EXPORTS OF MEAT AND MEAT PRODUCTS 57
TABLE 35 INDIA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 58
TABLE 36 INDIA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 58
TABLE 37 REST OF APAC: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 59
TABLE 38 REST OF APAC: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 59
TABLE 39 ROW: VACUUM SKIN PACKAGING MARKET, BY REGION, 2015–2023 (USD MILLION) 60
TABLE 40 ROW: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 60
TABLE 41 ROW: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 61
TABLE 42 SOUTH AMERICA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 62
TABLE 43 SOUTH AMERICA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 62
TABLE 44 MIDDLE EAST & AFRICA: VACUUM SKIN PACKAGING MARKET, BY MATERIAL, 2015–2023 (USD MILLION) 63
TABLE 45 MIDDLE EAST & AFRICA: VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015–2023 (USD MILLION) 64
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR 15
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 17
FIGURE 3 DRIVERS, RESTRAINTS AND TRENDS OF VACUUM SKIN PACKAGING MARKET 19
FIGURE 4 WORLD FOOD CONSUMPTION OF MEAT, 1964/66-2015 (KG PER CAPITA, CARCASS WEIGHT EQUIVALENT) 20
FIGURE 5 DEVELOPING COUNTRIES CONSUMPTION OF MEAT, 1964/66-2015 (KG PER CAPITA, CARCASS WEIGHT EQUIVALENT) 20
FIGURE 6 TOTAL GROWTH OF RETAIL INDUSTRY IN U.K. 21
FIGURE 7 GROWTH DRIVERS: IMPACT ANALYSIS 22
FIGURE 8 GROTH BARRIERS: IMPACT ANALYSIS 23
FIGURE 9 PORTER'S 5 FORCES ANALYSIS OF GLOBAL VACUUM SKIN PACKAGING MARKET 25
FIGURE 10 GLOBAL VACUUM SKIN PACKAGING MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION) 32
FIGURE 11 RED MEAT CONSUMPTION (IN POUNDS) 34
FIGURE 12 POULTRY CONSUMPTION (IN POUNDS) 35
FIGURE 13 COMMERCIAL FISH & SHELL-FISH CONSUMPTION (IN POUNDS) 35
FIGURE 14 GLOBAL VACUUM SKIN PACKAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 36
FIGURE 15 GLOBAL VACUUM SKIN PACKAGING MARKET, BY REGION, 2015 VS 2023 (USD MILLION) 38
FIGURE 16 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL VACUUM SKIN PACKAGING MARKET, 2014-2016, (%) 65
FIGURE 17 DUPONT: GEOGRAPHIC REVENUE MIX, 2016 (%) 67
FIGURE 18 AMCOR LTD.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 70
FIGURE 19 AMCOR LTD.: GEOGRAPHIC REVENUE MIX, 2016 (%) 71
FIGURE 20 AMCOR LTD.: KEY DEVELOPMENTS, 2014-2016 (%) 72
FIGURE 21 SEALED AIR CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 73
FIGURE 22 SEALED AIR CORPORATION: GEOGRAPHIC REVENUE MIX, 2016 (%) 74
FIGURE 23 BERRY GLOBAL GROUP, INC: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 76
FIGURE 24 BERRY GLOBAL GROUP, INC: GEOGRAPHIC REVENUE MIX, 2016 (%) 76
FIGURE 25 BEMIS COMPANY INC.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 79
FIGURE 26 BEMIS COMPANY INC.: GEOGRAPHIC REVENUE MIX, 2016 (%) 80
FIGURE 27 GREEN PACKAGING MATERIAL (JIANGYIN) CO., LTD.: KEY DEVELOPMENTS, 2015-2017 (%) 88
