According to Cognitive Market Research, the global vacuum skin packaging market size is USD 8695.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 3478.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2608.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1999.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 434.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 173.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
The vacuum bags held the highest vacuum skin packaging market revenue share in 2024.