The Global Retort Packaging Market was valued at USD 32.5 billion in 2017, and it is set to rise up to the estimated value of USD 56.8 billion at the end of the forecast period of 2018-2025 registering a CAGR of 7.25% along the way. This is down to the fact that the traditional methods of consumable food are declining and the rise in demand for healthy packaged food is driving this market forward.
The numerous recent developments, products launches, research, joint ventures, mergers and acquisitions in the retort packaging market which is changing the face Materials & Packaging industry.
We at Data Bridge Market Research understand what is important in the retort packaging market to survive and thrive. Therefore, this report explains where to invest your coins and where to not with the help of most trusted SWOT analysis. This retort packaging market report provides all the market restraints and drivers along with the key brands and players driving the market.
The report further provides a detailed explanation for market definition, classifications, applications, engagements, and market trends while predicting the CAGR levels for the forecast period of 2018 to 2025.
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In May of 2017, Amcor Limited launched a new and improved packaging standard in the existing AmLite brand, which is micro thin and has an ultra-high barrier giving more stability to the packaging and upgrading the existing design
In May of 2017, Amcor Limited announced the expansion of their business in South America concerning their specialty containers, adding injection molding and in-mold labelling. This would increase the product offering of the region.
Retort Packaging is a method of packaging that is used to keep the product’s nutritional value intact, keeping the product clean, healthy, easy to consume and leads to an increased shelf life of these products. This method makes the food and beverage products easy to consume thereby increasing its demand in the market.
Retort Packaging acts like a protection layer between the environment pollutants and extremities and the consumables, able to withstand high heat, neutralizing the threat of contamination. With the increase of urban population all over the world, it’s only justified that the demand for this packaging be on the rise due to all these advantages mentioned above.
- Hygienic, Light weight, Easy to consume packaging increasing the convenience of the consumables is driving the market
- Flexible packaging options decreasing the freight costs, and increasing the handling convenience are also one of the major market drivers
- High cost of raw materials required for the manufacturing of these packaging products is halting the market growth of the industry
- Government economic regulations on the packaging market and the materials involved is very strict and thereby makes it difficult for the industry to grow
Application of Retort Packaging Market
- Food (Meals Ready-to-Eat, Sea Food, Pet Food, Baby Food, Soups & Sauces)
Key Market Competitors:
- Amcor Limited,
- Berry Global Inc.,
- Otsuka Holdings Co. Ltd.,
- Sonoco Products Company,
- RPC Astrapak,
- Tredgear Corporation,
- Bemis Company Inc.,
- Clondalkin Group,
- Clifton Packaging Group Limited,
- FLAIR Flexible Packaging Corporation,
- Sealed Air.
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The Global Retort Packaging Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of retort packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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- By Product
- Pouches (Stand-up Pouches, Back-seal Quad, Spouted Pouches, Gusseted Pouches)
- Others (Cans, Bottles)
- By Material
- Cast Polypropylene
- Nylon (Bi-Oriented Polyamide)
- Aluminium Foil
- Paper & Paperboard
- Others (PVDC, PVC)
- By Form
- By Geography
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, Spain, Belgium, Netherlands, Russia, Turkey, Switzerland, Rest of Europe)
- Asia Pacific (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
- South America (Brazil, Argentina, Rest of South America)
- Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
Key reason to Purchase the report
- To describe and forecast the retort packaging market, in terms of value, by process, product type, and industry.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for retort packaging market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the MID market growth
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market
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