Product Code: ETC309384 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India vacuum packaging market import shipment demonstrated a robust growth trajectory from 2020 to 2024, with a notable CAGR of 17.6%. The market accelerated further in the most recent period, with a growth rate of 32.8% between 2023 and 2024, indicating a significant uptick in demand and market expansion.
The India vacuum packaging market is estimated to register a healthy CAGR of 6.9% over 2025-2031 on account of increasing consumer preference for product freshness and shelf life extension offered by these products coupled with an upsurge in retail sales due to rapid urbanization and improved lifestyle standards across developing nations like India. Moreover, surging investments made towards R&D activities related to technological advancements such as MAP (Modified Atmosphere Packaging) technology will also stimulate industry revenue over the coming years.
The India vacuum packaging market is experiencing growth as industries seek to extend the shelf life of products and reduce food waste. This market`s outlook is driven by factors such as the increasing demand for vacuum-packaged food and non-food products in retail and e-commerce, the growth of the food processing and pharmaceutical industries, and the adoption of vacuum packaging for its preservation and hygienic benefits. Additionally, the development of advanced vacuum packaging machines and materials and the rising focus on product safety and quality are further contributing to market growth. The market is also benefiting from the government`s initiatives to promote food processing and improve food safety standards.
The India vacuum packaging market faces challenges related to the availability of cost-effective and high-quality vacuum packaging materials. The selection of suitable packaging materials is crucial to preserve product quality and safety during storage and transportation. Manufacturers need to source reliable and affordable packaging materials to cater to the diverse needs of food and pharmaceutical industries.
The India vacuum packaging market is witnessing steady growth as the food and pharmaceutical industries seek effective and extended shelf-life packaging solutions. This market`s outlook is driven by factors such as the increasing demand for vacuum-packed food items and medicines, the growth of the packaged food and pharmaceutical sectors, and the adoption of vacuum packaging for its ability to preserve product quality and freshness. Additionally, the development of barrier films and vacuum sealing technologies and the rising focus on hygiene and food safety are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in supply chain and changes in consumer preferences. However, it is expected to recover with the resumption of economic activities and the growing demand for vacuum-packaged products.
The India vacuum packaging market is experiencing growth as the food and pharmaceutical industries seek longer shelf life and improved product safety. This market`s outlook is driven by factors such as the increasing demand for vacuum-sealed packaging in perishable food products, the growth of the pharmaceutical and healthcare sectors, and the adoption of vacuum packaging for its ability to prevent spoilage and contamination. Additionally, the development of vacuum packaging materials and technologies and the rising focus on eco-friendly and sustainable packaging solutions are further contributing to market growth. Key players in the India vacuum packaging market include Amcor Plc, Sealed Air Corporation, and Multivac Group, among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vacuum Packaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vacuum Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 India Vacuum Packaging Market - Industry Life Cycle |
3.4 India Vacuum Packaging Market - Porter's Five Forces |
3.5 India Vacuum Packaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Vacuum Packaging Market Revenues & Volume Share, By Machinery Types, 2021 & 2031F |
3.7 India Vacuum Packaging Market Revenues & Volume Share, By Pack Type, 2021 & 2031F |
3.8 India Vacuum Packaging Market Revenues & Volume Share, By Materials, 2021 & 2031F |
4 India Vacuum Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in India |
4.2.2 Growing awareness about food safety and hygiene |
4.2.3 Rise in adoption of vacuum packaging by pharmaceutical and healthcare industries |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with vacuum packaging technology |
4.3.2 Lack of infrastructure and skilled labor in certain regions of India |
4.3.3 Stringent regulations and standards related to packaging materials |
5 India Vacuum Packaging Market Trends |
6 India Vacuum Packaging Market, By Types |
6.1 India Vacuum Packaging Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Vacuum Packaging Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Vacuum Packaging Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 India Vacuum Packaging Market Revenues & Volume, By Food, 2021-2031F |
6.1.5 India Vacuum Packaging Market Revenues & Volume, By Packaging Of Consumer Goods, 2021-2031F |
6.1.6 India Vacuum Packaging Market Revenues & Volume, By Industrial Packaging, 2021-2031F |
6.2 India Vacuum Packaging Market, By Machinery Types |
6.2.1 Overview and Analysis |
6.2.2 India Vacuum Packaging Market Revenues & Volume, By External Vacuum Sealers, 2021-2031F |
6.2.3 India Vacuum Packaging Market Revenues & Volume, By Thermoformers, 2021-2031F |
6.2.4 India Vacuum Packaging Market Revenues & Volume, By Tray-sealing Machine, 2021-2031F |
6.2.5 India Vacuum Packaging Market Revenues & Volume, By Other Machines, 2021-2031F |
6.3 India Vacuum Packaging Market, By Pack Type |
6.3.1 Overview and Analysis |
6.3.2 India Vacuum Packaging Market Revenues & Volume, By Rigid Packaging, 2021-2031F |
6.3.3 India Vacuum Packaging Market Revenues & Volume, By Semi-rigid Packaging, 2021-2031F |
6.3.4 India Vacuum Packaging Market Revenues & Volume, By Flexible Packaging, 2021-2031F |
6.4 India Vacuum Packaging Market, By Materials |
6.4.1 Overview and Analysis |
6.4.2 India Vacuum Packaging Market Revenues & Volume, By Polyamide, 2021-2031F |
6.4.3 India Vacuum Packaging Market Revenues & Volume, By Ethylene, 2021-2031F |
6.4.4 India Vacuum Packaging Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.4.5 India Vacuum Packaging Market Revenues & Volume, By Vinyl Alcohol, 2021-2031F |
7 India Vacuum Packaging Market Import-Export Trade Statistics |
7.1 India Vacuum Packaging Market Export to Major Countries |
7.2 India Vacuum Packaging Market Imports from Major Countries |
8 India Vacuum Packaging Market Key Performance Indicators |
8.1 Percentage increase in the adoption of vacuum packaging by food and beverage companies in India |
8.2 Number of new entrants in the vacuum packaging market in India |
8.3 Growth in the export of vacuum packaged products from India |
9 India Vacuum Packaging Market - Opportunity Assessment |
9.1 India Vacuum Packaging Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Vacuum Packaging Market Opportunity Assessment, By Machinery Types, 2021 & 2031F |
9.3 India Vacuum Packaging Market Opportunity Assessment, By Pack Type, 2021 & 2031F |
9.4 India Vacuum Packaging Market Opportunity Assessment, By Materials, 2021 & 2031F |
10 India Vacuum Packaging Market - Competitive Landscape |
10.1 India Vacuum Packaging Market Revenue Share, By Companies, 2024 |
10.2 India Vacuum Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |