Vacuum Skin Packaging Market Strategies and Share 2031
The Vacuum Skin Packaging Market is expected to register a CAGR of 4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by product type (VSP films, trays and films), material type (polyethylene, polyvinyl chloride, polypropylene, polyethylene terephthalate, ethylene-vinyl alcohol copolymer, ethylene vinyl acetate, polyamide, polystyrene, others), barrier type (low barrier, medium barrier, high barrier, ultra-high barrier). The report further presents analysis based on end-use (meat and poultry, seafood, dairy products, fresh produce, ready meals, others). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Vacuum Skin Packaging Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Vacuum Skin Packaging Market Segmentation
Product Type- VSP Films
- Trays and Films
- Polyethylene
- Polyvinyl Chloride
- Polypropylene
- Polyethylene Terephthalate
- Ethylene-Vinyl Alcohol Copolymer
- Ethylene Vinyl Acetate
- Polyamide
- Polystyrene
- Others
- Low Barrier
- Medium Barrier
- High Barrier
- Ultra High Barrier
Strategic Insights
Vacuum Skin Packaging Market Growth Drivers- Enhances Food Shelf Life: Vacuum skin packaging (VSP) offers protective packaging solutions for food products where optimum sealing technology plays a great role in extending the shelf life of the products in question. This is the VSP technology that is driving the food market in such a direction that there is need to manufacture products with a longer life.
- Phenomenal Characterstics of Vacuum Skin packaging: VSP boosts convenience by offering compact, tamper-resistant and simple-to-use packaging. Moreover, the additional visual appeal of VSP, where all the products are packed in a pretty compressing structure, is appealing to consumers, especially those in high-end food sectors, hence propelling the growth of the market.
- Technological Advancements Boost VSP Packaging: The successive development of plastic types used in VSP packaging, for instance new films, improved sealing, etc, has contributed to the reduced cost and improved effectiveness of vacuum skin packaging. These advancements in technology lead to the enhancement of product quality by introducing packaging materials for various products thus expanding the market.
- Eco-Friendly Trends: As environmental issues become more pressing, some materials used for vacuum skin packaging are becoming more eco-friendly. Brands are now responsive to the call for green packaging in the market since they are developing recyclable and compostable plastics for their films which minimizes the impact of packaging waste pollution.
- Customizable VSP Enhances Brand Differentiation: Brands are making use of vacuum skin packaging to make their products more unique and distinct by offering custom shapes, size, and design of the packaging. This change gives an opportunity for many companies to design creative packaging that is in line with the branding making them able to compete effectively in the market and in particular for high-end food products.
- Applications in Multiple Sectors: The use of vacuum skin packaging is not only limited to the food sector. It has found applications in the pharmaceutical, electronics, and consumer goods markets. This commercialization tendency possesses an attribute that is characteristic to VSP, which is the ability to provide safe and hermetic enclosure for delicate goods, thus fostering its commercialization in other sectors that also need protection from contamination and elements.
- Rising E-commerce for Food Delivery: In tandem with the growth of online grocery shopping and food delivery services comes the increased need for safe, fresh, and good-looking packaging. Thus, vacuum skin packaging comes at an opportune moment for preserving product quality during shipping, thus providing food businesses in the e-commerce market a leg up.
- Growing Demand for Fresh, High-End Products: As ever more discerning, sophisticated and demanding consumers want food products that are of a high quality, fresh, and presentable, vacuum skin packaging comes into play. Its capacity to extend shelf life, while giving out a high style impression, will allow the brands to effectively reach out to such markets as high-end, gourmet, or organic foods.
- Eco-Friendly Innovations Drive VSP Market Growth: Advancements in barriers films and green materials create more possibilities for vacuum skin packaging. Businesses, hence, can adopt more affordable eco-friendly and high quality solutions thus targeting environmentally aware customers with a view of widening market especially in regions with high environmental consciousness.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Vacuum Skin Packaging Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Vacuum Skin Packaging Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Vacuum Skin Packaging Market is estimated to witness a CAGR of 4% from 2023 to 2031
Continuous innovations in VSP materials, such as improved films and sealing techniques, have made vacuum skin packaging more efficient and cost-effective, driving the market growth.
On the basis of geography, the vacuum skin packaging market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Amcor Limited, Bemis Company, Inc., Berry Plastics Corporation, Coveris Holdings S.A., CVP Systems, Inc., Linpac Packaging Limited, Multisorb Technologies, Inc, Orics Industries, Inc., Sealed Air Corporation, ULMA Packaging, S.Coop are the key players operating in the vacuum skin packaging market.
Based on geography, North America held the largest share of the vacuum skin packaging market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vacuum Skin Packaging Market - By Product Type
1.3.2 Vacuum Skin Packaging Market - By Material Type
1.3.3 Vacuum Skin Packaging Market - By Barrier Type
1.3.4 Vacuum Skin Packaging Market - By End-Use
1.3.5 Vacuum Skin Packaging Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VACUUM SKIN PACKAGING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. VACUUM SKIN PACKAGING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VACUUM SKIN PACKAGING MARKET - GLOBAL MARKET ANALYSIS
6.1. VACUUM SKIN PACKAGING - GLOBAL MARKET OVERVIEW
6.2. VACUUM SKIN PACKAGING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VACUUM SKIN PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. VSP FILMS
7.3.1. Overview
7.3.2. VSP Films Market Forecast and Analysis
7.4. TRAYS AND FILMS
7.4.1. Overview
7.4.2. Trays and Films Market Forecast and Analysis
8. VACUUM SKIN PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
8.1. OVERVIEW
8.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. POLYETHYLENE
8.3.1. Overview
8.3.2. Polyethylene Market Forecast and Analysis
8.4. POLYVINYL CHLORIDE
8.4.1. Overview
8.4.2. Polyvinyl Chloride Market Forecast and Analysis
8.5. POLYPROPYLENE
8.5.1. Overview
8.5.2. Polypropylene Market Forecast and Analysis
8.6. POLYETHYLENE TEREPHTHALATE
8.6.1. Overview
8.6.2. Polyethylene Terephthalate Market Forecast and Analysis
8.7. ETHYLENE-VINYL ALCOHOL COPOLYMER
8.7.1. Overview
8.7.2. Ethylene-Vinyl Alcohol Copolymer Market Forecast and Analysis
8.8. ETHYLENE VINYL ACETATE
8.8.1. Overview
8.8.2. Ethylene Vinyl Acetate Market Forecast and Analysis
8.9. POLYAMIDE
8.9.1. Overview
8.9.2. Polyamide Market Forecast and Analysis
8.10. POLYSTYRENE
8.10.1. Overview
8.10.2. Polystyrene Market Forecast and Analysis
8.11. OTHERS
8.11.1. Overview
8.11.2. Others Market Forecast and Analysis
9. VACUUM SKIN PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - BARRIER TYPE
9.1. OVERVIEW
9.2. BARRIER TYPE MARKET FORECASTS AND ANALYSIS
9.3. LOW BARRIER
9.3.1. Overview
9.3.2. Low Barrier Market Forecast and Analysis
9.4. MEDIUM BARRIER
9.4.1. Overview
9.4.2. Medium Barrier Market Forecast and Analysis
9.5. HIGH BARRIER
9.5.1. Overview
9.5.2. High Barrier Market Forecast and Analysis
9.6. ULTRA HIGH BARRIER
9.6.1. Overview
9.6.2. Ultra High Barrier Market Forecast and Analysis
10. VACUUM SKIN PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
10.1. OVERVIEW
10.2. END-USE MARKET FORECASTS AND ANALYSIS
10.3. MEAT
10.3.1. Overview
10.3.2. Meat Market Forecast and Analysis
10.4. POULTRY
10.4.1. Overview
10.4.2. Poultry Market Forecast and Analysis
10.5. SEAFOOD
10.5.1. Overview
10.5.2. Seafood Market Forecast and Analysis
10.6. DAIRY PRODUCTS
10.6.1. Overview
10.6.2. Dairy Products Market Forecast and Analysis
10.7. FRESH PRODUCE
10.7.1. Overview
10.7.2. Fresh Produce Market Forecast and Analysis
10.8. READY MEALS
10.8.1. Overview
10.8.2. Ready Meals Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis
11. VACUUM SKIN PACKAGING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Vacuum Skin Packaging Market Overview
11.1.2 North America Vacuum Skin Packaging Market Forecasts and Analysis
11.1.3 North America Vacuum Skin Packaging Market Forecasts and Analysis - By Product Type
11.1.4 North America Vacuum Skin Packaging Market Forecasts and Analysis - By Material Type
11.1.5 North America Vacuum Skin Packaging Market Forecasts and Analysis - By Barrier Type
11.1.6 North America Vacuum Skin Packaging Market Forecasts and Analysis - By End-Use
11.1.7 North America Vacuum Skin Packaging Market Forecasts and Analysis - By Countries
11.1.7.1 United States Vacuum Skin Packaging Market
11.1.7.1.1 United States Vacuum Skin Packaging Market by Product Type
11.1.7.1.2 United States Vacuum Skin Packaging Market by Material Type
11.1.7.1.3 United States Vacuum Skin Packaging Market by Barrier Type
11.1.7.1.4 United States Vacuum Skin Packaging Market by End-Use
11.1.7.2 Canada Vacuum Skin Packaging Market
11.1.7.2.1 Canada Vacuum Skin Packaging Market by Product Type
11.1.7.2.2 Canada Vacuum Skin Packaging Market by Material Type
11.1.7.2.3 Canada Vacuum Skin Packaging Market by Barrier Type
11.1.7.2.4 Canada Vacuum Skin Packaging Market by End-Use
11.1.7.3 Mexico Vacuum Skin Packaging Market
11.1.7.3.1 Mexico Vacuum Skin Packaging Market by Product Type
11.1.7.3.2 Mexico Vacuum Skin Packaging Market by Material Type
11.1.7.3.3 Mexico Vacuum Skin Packaging Market by Barrier Type
11.1.7.3.4 Mexico Vacuum Skin Packaging Market by End-Use
11.2. EUROPE
11.2.1 Europe Vacuum Skin Packaging Market Overview
11.2.2 Europe Vacuum Skin Packaging Market Forecasts and Analysis
11.2.3 Europe Vacuum Skin Packaging Market Forecasts and Analysis - By Product Type
11.2.4 Europe Vacuum Skin Packaging Market Forecasts and Analysis - By Material Type
11.2.5 Europe Vacuum Skin Packaging Market Forecasts and Analysis - By Barrier Type
11.2.6 Europe Vacuum Skin Packaging Market Forecasts and Analysis - By End-Use
11.2.7 Europe Vacuum Skin Packaging Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Vacuum Skin Packaging Market
11.2.7.1.1 Germany Vacuum Skin Packaging Market by Product Type
11.2.7.1.2 Germany Vacuum Skin Packaging Market by Material Type
11.2.7.1.3 Germany Vacuum Skin Packaging Market by Barrier Type
11.2.7.1.4 Germany Vacuum Skin Packaging Market by End-Use
11.2.7.2 France Vacuum Skin Packaging Market
11.2.7.2.1 France Vacuum Skin Packaging Market by Product Type
11.2.7.2.2 France Vacuum Skin Packaging Market by Material Type
11.2.7.2.3 France Vacuum Skin Packaging Market by Barrier Type
11.2.7.2.4 France Vacuum Skin Packaging Market by End-Use
11.2.7.3 Italy Vacuum Skin Packaging Market
11.2.7.3.1 Italy Vacuum Skin Packaging Market by Product Type
11.2.7.3.2 Italy Vacuum Skin Packaging Market by Material Type
11.2.7.3.3 Italy Vacuum Skin Packaging Market by Barrier Type
11.2.7.3.4 Italy Vacuum Skin Packaging Market by End-Use
11.2.7.4 United Kingdom Vacuum Skin Packaging Market
11.2.7.4.1 United Kingdom Vacuum Skin Packaging Market by Product Type
11.2.7.4.2 United Kingdom Vacuum Skin Packaging Market by Material Type
11.2.7.4.3 United Kingdom Vacuum Skin Packaging Market by Barrier Type
11.2.7.4.4 United Kingdom Vacuum Skin Packaging Market by End-Use
11.2.7.5 Russia Vacuum Skin Packaging Market
11.2.7.5.1 Russia Vacuum Skin Packaging Market by Product Type
11.2.7.5.2 Russia Vacuum Skin Packaging Market by Material Type
11.2.7.5.3 Russia Vacuum Skin Packaging Market by Barrier Type
11.2.7.5.4 Russia Vacuum Skin Packaging Market by End-Use
11.2.7.6 Rest of Europe Vacuum Skin Packaging Market
11.2.7.6.1 Rest of Europe Vacuum Skin Packaging Market by Product Type
11.2.7.6.2 Rest of Europe Vacuum Skin Packaging Market by Material Type
11.2.7.6.3 Rest of Europe Vacuum Skin Packaging Market by Barrier Type
11.2.7.6.4 Rest of Europe Vacuum Skin Packaging Market by End-Use
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Vacuum Skin Packaging Market Overview
11.3.2 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis
11.3.3 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis - By Product Type
11.3.4 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis - By Material Type
11.3.5 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis - By Barrier Type
11.3.6 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis - By End-Use
11.3.7 Asia-Pacific Vacuum Skin Packaging Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Vacuum Skin Packaging Market
11.3.7.1.1 Australia Vacuum Skin Packaging Market by Product Type
11.3.7.1.2 Australia Vacuum Skin Packaging Market by Material Type
11.3.7.1.3 Australia Vacuum Skin Packaging Market by Barrier Type
11.3.7.1.4 Australia Vacuum Skin Packaging Market by End-Use
11.3.7.2 China Vacuum Skin Packaging Market
11.3.7.2.1 China Vacuum Skin Packaging Market by Product Type
11.3.7.2.2 China Vacuum Skin Packaging Market by Material Type
11.3.7.2.3 China Vacuum Skin Packaging Market by Barrier Type
11.3.7.2.4 China Vacuum Skin Packaging Market by End-Use
11.3.7.3 India Vacuum Skin Packaging Market
11.3.7.3.1 India Vacuum Skin Packaging Market by Product Type
11.3.7.3.2 India Vacuum Skin Packaging Market by Material Type
11.3.7.3.3 India Vacuum Skin Packaging Market by Barrier Type
11.3.7.3.4 India Vacuum Skin Packaging Market by End-Use
11.3.7.4 Japan Vacuum Skin Packaging Market
11.3.7.4.1 Japan Vacuum Skin Packaging Market by Product Type
11.3.7.4.2 Japan Vacuum Skin Packaging Market by Material Type
11.3.7.4.3 Japan Vacuum Skin Packaging Market by Barrier Type
11.3.7.4.4 Japan Vacuum Skin Packaging Market by End-Use
11.3.7.5 South Korea Vacuum Skin Packaging Market
11.3.7.5.1 South Korea Vacuum Skin Packaging Market by Product Type
11.3.7.5.2 South Korea Vacuum Skin Packaging Market by Material Type
11.3.7.5.3 South Korea Vacuum Skin Packaging Market by Barrier Type
11.3.7.5.4 South Korea Vacuum Skin Packaging Market by End-Use
11.3.7.6 Rest of Asia-Pacific Vacuum Skin Packaging Market
11.3.7.6.1 Rest of Asia-Pacific Vacuum Skin Packaging Market by Product Type
11.3.7.6.2 Rest of Asia-Pacific Vacuum Skin Packaging Market by Material Type
11.3.7.6.3 Rest of Asia-Pacific Vacuum Skin Packaging Market by Barrier Type
11.3.7.6.4 Rest of Asia-Pacific Vacuum Skin Packaging Market by End-Use
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Vacuum Skin Packaging Market Overview
11.4.2 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis
11.4.3 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis - By Product Type
11.4.4 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis - By Material Type
11.4.5 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis - By Barrier Type
11.4.6 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis - By End-Use
11.4.7 Middle East and Africa Vacuum Skin Packaging Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Vacuum Skin Packaging Market
11.4.7.1.1 South Africa Vacuum Skin Packaging Market by Product Type
11.4.7.1.2 South Africa Vacuum Skin Packaging Market by Material Type
11.4.7.1.3 South Africa Vacuum Skin Packaging Market by Barrier Type
11.4.7.1.4 South Africa Vacuum Skin Packaging Market by End-Use
11.4.7.2 Saudi Arabia Vacuum Skin Packaging Market
11.4.7.2.1 Saudi Arabia Vacuum Skin Packaging Market by Product Type
11.4.7.2.2 Saudi Arabia Vacuum Skin Packaging Market by Material Type
11.4.7.2.3 Saudi Arabia Vacuum Skin Packaging Market by Barrier Type
11.4.7.2.4 Saudi Arabia Vacuum Skin Packaging Market by End-Use
11.4.7.3 U.A.E Vacuum Skin Packaging Market
11.4.7.3.1 U.A.E Vacuum Skin Packaging Market by Product Type
11.4.7.3.2 U.A.E Vacuum Skin Packaging Market by Material Type
11.4.7.3.3 U.A.E Vacuum Skin Packaging Market by Barrier Type
11.4.7.3.4 U.A.E Vacuum Skin Packaging Market by End-Use
11.4.7.4 Rest of Middle East and Africa Vacuum Skin Packaging Market
11.4.7.4.1 Rest of Middle East and Africa Vacuum Skin Packaging Market by Product Type
11.4.7.4.2 Rest of Middle East and Africa Vacuum Skin Packaging Market by Material Type
11.4.7.4.3 Rest of Middle East and Africa Vacuum Skin Packaging Market by Barrier Type
11.4.7.4.4 Rest of Middle East and Africa Vacuum Skin Packaging Market by End-Use
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Vacuum Skin Packaging Market Overview
11.5.2 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis
11.5.3 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis - By Product Type
11.5.4 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis - By Material Type
11.5.5 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis - By Barrier Type
11.5.6 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis - By End-Use
11.5.7 South and Central America Vacuum Skin Packaging Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Vacuum Skin Packaging Market
11.5.7.1.1 Brazil Vacuum Skin Packaging Market by Product Type
11.5.7.1.2 Brazil Vacuum Skin Packaging Market by Material Type
11.5.7.1.3 Brazil Vacuum Skin Packaging Market by Barrier Type
11.5.7.1.4 Brazil Vacuum Skin Packaging Market by End-Use
11.5.7.2 Argentina Vacuum Skin Packaging Market
11.5.7.2.1 Argentina Vacuum Skin Packaging Market by Product Type
11.5.7.2.2 Argentina Vacuum Skin Packaging Market by Material Type
11.5.7.2.3 Argentina Vacuum Skin Packaging Market by Barrier Type
11.5.7.2.4 Argentina Vacuum Skin Packaging Market by End-Use
11.5.7.3 Rest of South and Central America Vacuum Skin Packaging Market
11.5.7.3.1 Rest of South and Central America Vacuum Skin Packaging Market by Product Type
11.5.7.3.2 Rest of South and Central America Vacuum Skin Packaging Market by Material Type
11.5.7.3.3 Rest of South and Central America Vacuum Skin Packaging Market by Barrier Type
11.5.7.3.4 Rest of South and Central America Vacuum Skin Packaging Market by End-Use
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. VACUUM SKIN PACKAGING MARKET, KEY COMPANY PROFILES
13.1. AMCOR LTD.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BEMIS COMPANY INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BERRY GLOBAL GROUP, INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DUPONT
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. G. MONDINI SPA
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. GREEN PACKAGING MATERIAL (JIANGYIN) CO., LTD
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LINPAC PACKAGING LIMITED
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PLASTOPIL HAZOREA COMPANY LTD
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. QUINN PACKAGING LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SEALED AIR CORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Amcor Ltd.
2. Bemis Company Inc.
3. Berry Global Group, Inc.
4. DuPont
5. G. Mondini SpA
6. Green Packaging Material (Jiangyin) Co., Ltd
7. Linpac Packaging Limited
8. Plastopil Hazorea Company Ltd
9. Quinn Packaging Ltd.
10. Sealed Air Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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