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Retort Packaging Market: Development Trends, Key Manufacturers and Competitive Analysis

Author: Kishor Kanade
by Kishor Kanade
Posted: Sep 26, 2019

Global Retort Packaging Market: Analyst’s Assessment

Nearly half of the world’s population now lives in urban parts and their restless lifestyle is leading to radically changed eating habits, wherein packaged food products are preferred for their convenience. From the production facility to the table of consumers, food products need to be packaged in a way that their nutritious values are preserved and retort packaging provides for an adequate mode of increasing shelf-life of the products. With retort packaging, food products are cocooned in special carrier film which can withstand thermal processing temperature of around 130 degree Celsius, and in turn neutralizes all unwanted micro-organisms.

According to this business and commerce report, in terms of value, the demand in the global retort packaging market will propagate at notable CAGR of 7.45% during the forecast period of 2017 to 2024. Revenue-wise, it has been estimated that the opportunities in the global retort packaging market will translate into US$24,706.0 mn by the end of 2024, substantially up from its evaluated worth of US$14,945.0 mn in 2017. In terms of volume, the study has projected the demand to expand at a CAGR of 6.7% and produce a demand for 72,492 mn units by 2024.

Retort Packaging are Ideal for Ready-to-eat Meals

Striking benefits of retort packaging over conventional packaging, such as light weight, convenience, aesthetic appeal, and hygiene are the primary factors that are driving the adoption. In addition to that, increasing demand for ready-to-eat meals, innovations in packaging of baby and toddler food, and mushrooming of supermarkets and hypermarkets across urban areas are some of the other factors augmenting the demand in the global retort packaging market. On the other hand, stringent environmental regulations pertaining to the application of HDPE and PVC is one restraint that is curtailing the prosperity of the retort packaging market.

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Some of the key players in a moderately fragmented scenario of the global retort packaging market are Mondi Group, Amcor Limited, Sonoco Products, Bemis Company, Inc., and Sealed Air Corporation. The report profiles a number of prominent players of this market in its extended and featured chapter on the competitive landscape of this market.

Global Retort Packaging Market Research Report Covers…

Global Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

Global Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Material, 2015–2024

Global Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Form type, 2015–2024

Global Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Region, 2015–2024

North America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

North America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

North America Retort Packaging Market Size (US$ Mn) by Material, 2015–2024

North America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Form, 2015–2024

North America Plastic Bags & Sacks Market Size (US$ Mn) and Volume (Mn Units) by Application, 2015–2024

Latin America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

Latin America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

Latin America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Material, 2015–2024

Latin America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Form type, 2015–2024

Latin America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Application, 2015–2024

Europe Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

North America Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

Europe Retort Packaging Market Size (US$ Mn) by Material, 2015–2024

Europe Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Form, 2015–2024

Europe Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Application, 2015–2024

APAC Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

APAC Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

APAC Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Material, 2015–2024

APAC Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Form, 2015–2024

APAC Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Application, 2015–2024

MEA Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

MEA Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Product Type, 2015–2024

MEA Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Material, 2015–2024

MEA Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) By Form, 2015–2024

MEA Retort Packaging Market Size (US$ Mn) and Volume (Mn Units) by Application, 2015–2024

Also, Access the Press-Release published on this Market by Transparency Market Research @ https://www.transparencymarketresearch.com/pressrelease/retort-packaging-market.htm

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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About the Author

Hi, I am Kishor and currently working as SEO Executive in TMR having experience in SE rankings, keyword research, website analysing, social media optimization and link building.

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Author: Kishor Kanade

Kishor Kanade

Member since: Nov 13, 2017
Published articles: 741

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