Global Retort Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global retort packaging market in its upcoming report titled, “Global Retort Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global retort packaging market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global retort packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global retort packaging market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global retort packaging market report has been segmented on the basis of product type, application, material, and region.
Retort packaging materials are made with special laminated layers that protect food from spills, puncture, and outside contaminants, and these special films are designed for quick, convenient cooking. Retort packaging is a light-weight, shelf stable, and cost saving alternative to metal cans. Retort pouches are flexible, laminated structures that can withstand thermal processing and are utilized to package many different food products including seafood, meats, rice, beans, sauces, prepared meals, and even pet food.
Growth of retort packaging can be attributed to its wide use as an alternative for traditional packing in many end use industries, owing to advantages such as preservation of food and maintaining freshness for a longer period of time. In addition, retort packaging pouches are cost effective, and recyclable which is a major factor fueling growth of the global retort packaging market over the forecast period.
Retort packaging pouches are difficult to dispose naturally, growing demand for environmental-friendly packaging products is a key factor restraining growth of the global retort packaging market. Additionally, reluctance of consumers towards retort packaging pouches in developed economies is a major factor expected to hamper growth of the global retort packaging market over the forecast period.
Innovations in retort packaging to be used in various end use industries such as food & beverages, and pharmaceutical industries can provide opportunities for prominent players in the market to further expand their presence. Moreover, packaging for liquids like soups and baby foods with use of retort packaging may hold potential for expansion for the global retort packaging market.
The market in North America accounted for highest revenue share in the global retort packaging market, followed by the market in Europe. Major factor for growth of retort packaging market in the North America region is rising demand for ready-to-eat food. The market in Asia Pacific is projected to expand with highest CAGR of X.X% over forecast period, owing to changing lifestyle and increasing health consciousness among the consumers in emerging economies in the region.
Global Retort Packaging Market Segmentation:
Global segmentation, by product type:
- Standup pouches
- Plastic treys
Global retort packaging market segmentation, by application:
Global retort packaging market segmentation, by material:
Global retort packaging market segmentation, by region:
- North America
- Asia pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Amcor Limited
- Berry Plastics Corporation
- Mondi Group
- Otsuka Holdings Company Limited
- Astrapak Limited
- Tredegar Corporation
- Bemis Company Inc.
- Clondalkin Industries BV
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