Vacuum Skin Packaging Market Size, Share, and Industry Analysis By Material (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), and Others), By Application (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy, Ready-to-eat Meals, and Others), and Regional Forecast, 2024-2032

Vacuum sealing of packaging eliminates air and possible air pollutants from the product within the sealed package to inhibit product oxidation and microbial growth. This makes it ideal for perishable food products, including poultry, meat, fish, and pre-cooked meals. Skin is an easy-open film with a steady, uniform shell that increases customer convenience when accessing products, thereby contributing to the growth of the vacuum skin packaging market. The film has glossy properties and a high-clarity top film that offers a premium finish to any product, attracting several customers and contributing to the increasing demand for such packaging.

• According to the Food and Agriculture Organization of the United Nations, the global meat production in 2014 was 321.79 million tons, which increased by 5.66% in 2019 and reached 340.00 million tons. Thus, the increasing meat production and rising consumption have led to the surgingn demand for vacuum skin packaging.

Vacuum skin packaging is made of advanced materials that allow for thinner structures, use less material without compromising the performance of the packaging, and help minimize material consumption, thereby protecting the environment. These films significantly improve shelf life and decrease waste by making food, especially fresh meat products, last longer. A tight seal also prevents the contents from moving during storage and transportation, confirming that the product is continuously presented at its best, thereby promoting the growth of the vacuum packaging market. The packaging acts like a protective skin to protect the contents from contamination. It can be easily used for frozen, fresh, and processed foods and is suitable for microwave cooking. The growing demand for such foods in the market due to changing lifestyles is fueling the growth of this market.

The cost of setting up infrastructure and machinery for the vacuum packaging is very high, making the end packaging cost high and burdening the pocket of customers, restricting the growth of the vacuum skin packaging market. Eliminating oxygen from the packaging is a key advantage of vacuum packing. Certain types of bacteria cause diseases that prefer low-oxygen environments and grow well in vacuum-packed foods, deteriorating the quality of food products and impeding the market growth.

The COVID-19 pandemic impacted several industries across the globe. The supply chain disruption and workforce reduction in the early pandemic led to a declining demand in the industries, including the packaging and vacuum skin packaging market. The shift in consumer food preferences and rising demand for highly packed food to prevent contamination and infection slightly pushed the market growth during the pandemic, leading to the moderate impacts of COVID-19 on the vacuum skin packaging market.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Vacuum Skin Packaging  Market


• Key Industry Trends


• Regulatory Landscape for the Vacuum Skin Packaging  Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Vacuum Skin Packaging  Market

SEGMENTATION

ANALYSIS BY MATERIAL

Based on material, the market is segmented into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and others. The polyethylene (PE) segment dominates the vacuum skin packaging market. The films made from this material provide excellent protection to the products from the external environment, are extremely lightweight, and protect the products during transportation, helping the lucrative growth of this segment.

ANALYSIS BY APPLICATION

Based on application, the market is segmented into meat, poultry & seafood, fruits & vegetables, dairy, ready-to-eat meals, and others. The meat, poultry & seafood segment dominates the vacuum skin packaging market. These food products are abundant sources of proteins. The augmenting demand for a nutritious diet worldwide is propelling the segment growth.

REGIONAL ANALYSIS

The vacuum skin packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific holds the largest share of the market. The growing demand from nations such as India, China, Japan, and South East Asia is driving the growth of this region. The presence of one of the largest seafood exporters, such as China, has also increased the demand for vacuum skin packaging in the region. The North American region is experiencing lucrative growth due to the presence of key players in the market and continuous technological innovation has led to the region's growth.

Europe will witness moderate growth during the forecast period due to the surging production and consumption of meat products. Latin America is expected to grow significantly due to the increased consumption of ready-to-eat meals and shifting patterns in food consumption. The Middle East & African region is anticipated to grow steadily due to the growing consumption of nutritious food and the rising awareness of the technologies used in the packaging to increase the shelf life.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Sealed Air, Amcor plc, KM Packaging Services Ltd., Dow, WINPAK LTD., G.MONDINI SPA, PLASTOPIL, Triton International Enterprises, Inc., Pakmar, and PREPAC Packaging Solutions.

KEY INDUSTRY DEVELOPMENTS

• In March 2023, Wentus introduced WENTOPRO SkinTight 20 UHT and UHT-M skin films that fulfill product safety requirements for the U.S. Food and Drug Administration's (FDA) oxygen transmission rate (OTR). The film has an oxygen permeability of >10,000 cm2 (m2d bar) and is used for packaging fresh fish.


• In January 2023, Solidus announced that the company is investing EUR 11 million (around USD 11.56 million into a range of innovative retail-ready packaging solutions, FUTURLINE. It comprises punnets, skin packaging, and MAP (Modified Atmosphere Packaging), which is already being rolled out across Germany, Benelux, Poland, the U.K., France, and Spain. The new packaging offers a sustainable solution with MAP and skin using at least 80% less plastic, and the punnets are made from exclusively renewable resources.


• In July 2020, Aeon and Dow announced that they would sign the Carbon Project Agreement to minimize greenhouse gas emissions through food loss mitigation. According to the agreement, Aeon will adopt vacuum skin packaging (VSP) for numerous types of food in its stores owned by group companies.