Retort Packaging Market Trends, Analysis, Future Scope, Size, Share, Forecast To 2023

Summary

Global Retort packaging Market Size, Share, Growth, Trends, Analysis by Packaging Type (Pouches, Cartons, Trays and Others), By Material Used (Polypropylene, Polyester, Aluminum foil, Food Grade cast polypropylene, Biomaterials, Paper board, Nylon and Others), By End use (Food, Beverage, Pharmaceutical and Others) and By Region - Global Forecast To 2022

Retort packaging Market Scenario

Retort packaging is a type of food packaging where the food & beverages and pharmaceuticals are packed into a metal or pouch can, sealed, and then heated to enormously high temperatures, making the product commercially sterile. Retort packaging uses the concept of aseptic packaging. Retort pouches are used as a substitute to conventional industrial canning methods.

The increase in disposable income in developing countries and the increase in demand for the ready-to-consume food is majorly contributing to the growth of retort packaging market. The market is also extensively driven by the reducing cost of raw materials, required for the manufacturing of the retort packages. The increase in demand for packed food, baby food and the pet food with the changing lifestyle, is contributing to the growth of the metal retort packaging market. However, the popularity of the concept of raw material recycling is expected to restrain the growth of the retort packaging market.

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Key Players

The key players of Retort packaging market are

• Amcor Ltd.( Australia)
• Berry Plastics (U.S.)
• Ampac Holdings, LLC (U.S.)
• Clondalkin Group (Netherlands)
• Sealed Air Corporation(U.S.)
• Astrapak Limited (South Korea)
• Bemis Company Inc. (U.S)
• Coveris Holdings S.A. (U.S.)
• Mondi PLC (Austria)
• Sonoco Products (U.S.) and others.

Regional Analysis of

The Retort packaging market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global retort packaging market due the increase in disposable income in the developing economies such as India and China. The rising popularity of ready-to-eat food and the packaged food, due to the change in lifestyle of people, is also expected to contribute to the growth of Asia Pacific retort packaging market.

The report for Retort Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Retort Packaging Market

Global Retort packaging market has been segmented based on packaging type, material, end- use, and region. On the basis of packaging type, the market is segmented as pouches, cartons, trays, and others. Among all, retort pouches have the largest market share due to its flexible characteristics and use of high heat resistant plastics. Different variety of pouches are available in markets such as stand-up pouches, back-seal quad, spouted pouches, and gusseted pouches. At the same time it is light weighted, convenient to hold and is shelf-stable.

Based on material, the market is segmented as polypropylene, polyester, aluminum foil, food grade cast polypropylene, biomaterials, paperboard, nylon, and others.

On the basis of end-use, the market is segmented as Food, Beverage, Pharmaceutical, and others. The food segment is expected to be the fastest growing segment. This is because of increasing consumption of products like sauces & curries and baby food. Changing lifestyle also acts as a driving factor because demand for ready to eat food & pet food is increasing. Growing urbanization and increasing disposable incomes have led to the increasing consumption of food. People have high purchasing power and due to their busy lifestyle, they prefer ready-made products which has opened a door of retort packaging market.

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Table of Contents

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continues……

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM-UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

Continues…….

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