Vacuum Packaging - Global Market Outlook 2016-2022

Global Vacuum Packaging market is estimated at $23.56 billion in 2016 and is expected to reach $32.12 billion by 2022 growing at a CAGR of 5.3% from 2016 to 2022. Some of the key factors influencing the market growth include increasing household income as well as liking to spend for hygienic food, robust consumption of convenience and processed food and rapid industrialization in developing economies.