Packaging Vent Market Trends and Forecast
The future of the global packaging vent market looks promising with opportunities in the food & beverage packaging, pharmaceutical packaging, personal care packaging, and electronics packaging markets. The global packaging vent market is expected to grow with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are rising demand for packaged food and beverages, growth in e-commerce, and escalating concerns about food safety and quality.
• Lucintel forecasts that valve type vent is expected to witness the higher growth over the forecast period.
• Within this market, food & beverage packaging is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: The U.S. packaging industry has seen significant innovation driven by environmental concerns and e-commerce growth. Graphic Packaging International installed the KeelClip multi-packing machine at Liberty Coca-Cola Beverages, significantly reducing plastic use. Additionally, Amazon’s shift towards flexible packaging for better e-commerce handling has boosted the demand for flexible plastic packaging solutions.
India: India’s packaging market is expanding due to the rising demand for consumer goods and processed foods. Companies like UFlex have introduced advanced vented packaging solutions to enhance product shelf life and sustainability. The government’s focus on reducing plastic waste has also led to increased adoption of eco-friendly packaging materials.
China: China’s packaging industry is rapidly evolving with a strong focus on sustainability and innovation. Amcor has partnered with local firms to develop recyclable vented packaging solutions aimed at reducing environmental impact. Government policies encouraging the reduction of single-use plastics have spurred investments in sustainable packaging technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaging Vent by Segment
The study includes a forecast for the global packaging vent by type, application, and region.
Packaging Vent Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Valve Type Vent
• Membrane Type Vent
Packaging Vent Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage Packaging
• Pharmaceutical Packaging
• Personal Care Packaging
• Electronics Packaging
• Others
Packaging Vent Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaging Vent Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging vent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging vent companies profiled in this report include-
• Gore
• Porvent
• Oxyphen
• Creherit
• Emmerson
• Membrane Solutions
• Parker Hannifin
Recent Development in the Packaging Vent Market
GORE: GORE has been at the forefront of developing advanced automotive vents tailored for electric vehicles (EVs). These vents are designed to manage pressure and protect against contaminants, enhancing the reliability and performance of EV batteries. GOREÄX%$%Xs innovative solutions are helping automotive manufacturers meet the growing demand for efficient and safe EVs.
Aptar CSP Technologies: Aptar CSP Technologies has introduced new active packaging solutions that incorporate proprietary 3-Phase Activ-Polymer™ technology. These solutions are engineered to control moisture, oxygen, and volatile compounds within packaging. By maintaining the ideal environment, Aptar CSP TechnologiesÄX%$%X vents extend the shelf life and improve the stability of pharmaceuticals, food, and other sensitive products.
W. L. Gore & Associates: W. L. Gore & Associates has expanded its product line to include new packaging vents specifically for consumer electronics. These vents are designed to provide superior protection against water, dust, and other environmental hazards while allowing for pressure equalization. This initiative addresses the increasing demand for durable and reliable packaging in the rapidly growing consumer electronics market.
Clariant: Clariant has unveiled a new range of sustainable packaging vents made from eco-friendly materials. These vents are designed to reduce environmental impact while maintaining high performance in protecting packaged goods. ClariantÄX%$%Xs initiative aligns with the global push towards sustainability and meets the rising consumer preference for environmentally friendly packaging solutions.
Saint-Gobain: Saint-Gobain has focused on developing high-performance vents for industrial applications, such as chemical processing and pharmaceuticals. These vents are designed to handle harsh environments and provide superior protection against contaminants. Saint-GobainÄX%$%Xs advanced venting solutions help industries maintain product integrity and safety under challenging conditions.
Donaldson Company, Inc.: Donaldson Company, Inc. has introduced a new line of advanced vents specifically for medical packaging. These vents are engineered to ensure sterility and maintain the integrity of medical devices and pharmaceuticals. DonaldsonÄX%$%Xs innovation addresses the stringent requirements of the healthcare industry, providing reliable and safe packaging solutions.
Features of the Global Packaging Vent Market
Market Size Estimates: Packaging vent market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaging vent market size by type, application, and region in terms of value ($B).
Regional Analysis: Packaging vent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the packaging vent market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging vent market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for packaging vent market?
Answer: The global packaging vent market is expected to grow with a CAGR of 3.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the packaging vent market?
Answer: The major drivers for this market are rising demand for packaged food and beverages, growth in e-commerce, and escalating concerns about food safety and quality.
Q3. What are the major segments for packaging vent market?
Answer: The future of the packaging vent market looks promising with opportunities in the food & beverage packaging, pharmaceutical packaging, personal care packaging, and electronics packaging markets.
Q4. Who are the key packaging vent market companies?
Answer: Some of the key packaging vent companies are as follows:
• Gore
• Porvent
• Oxyphen
• Creherit
• Emmerson
• Membrane Solutions
• Parker Hannifin
Q5. Which packaging vent market segment will be the largest in future?
Answer: Lucintel forecasts that valve type vent is expected to witness the higher growth over the forecast period.
Q6. In packaging vent market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaging vent market by type (valve type vent and membrane type vent), application (food & beverage packaging, pharmaceutical packaging, personal care packaging, electronics packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Packaging Vent Market Market, Packaging Vent Market Market Size, Packaging Vent Market Market Growth, Packaging Vent Market Market Analysis, Packaging Vent Market Market Report, Packaging Vent Market Market Share, Packaging Vent Market Market Trends, Packaging Vent Market Market Forecast, Packaging Vent Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.