Global vacuum packaging market 2015-2020

29 October 2015

According to a new report by MarketsandMarkets (M&M), the global vacuum packaging market is projected to reach USD 27.67 Billion by 2020, at a CAGR of 4.24% from 2015 to 2020. The market for vacuum packaging has increased since the last decade because of the technological upgradations and innovations in the packaging industry. The Asia-Pacific region accounted for the largest share of the total market value in 2014, followed by Europe and North America. The market has been growing in accordance with the packaging industry. With the increase in demand for hygienic, eco-friendly, and economical packaging solutions, the demand for vacuum packaging has increased.
Click here for more information about the report.

If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.