Retort Packaging Market Growth, Demand and Challenges of the Key Industry Players 2028

Author: Elena Anderson Marketing Manager

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Global Retort Packaging Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " Retort Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20 23-2028

," the global retort packaging market size reached US$ 3.9 Billion in 2022.

Retort packaging refers to semi-grid laminated plastic pouches used for packing and sealing numerous semi-cooked and cooked microwavable food products after sterilization. It depends on the thermal food processing technique, where sealed pouches are put under an autoclave machine to heat packages with hot water or steam under pressure. Retort packaging is produced by combing the layers of numerous materials, including polyester (PE), nylon, aluminum foil, and polypropylene (PP). These coatings provide optimal strength and printable surfaces, and shield the product from light gases and odor. This packaging is lightweight, aids in rapid heat transfer, ensures content sterilization, and extends the shelf life of the product without any preservatives or refrigerators. In recent years, retort packaging has gained momentum as it is used to maintain the texture, aroma, color, and taste of food products by maintaining their overall quality.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of the associated industries. These observations will further be integrated into the report.

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Global Retort Packaging Market Trends:

One of the primary factors driving the market is the exponential growth in the food and beverage (F&B) industry due to the rising consumption of numerous ready-to-eat (RTD), processed products. Additionally, transportation and warehousing activities need heat-resistant, laminated, and lightweight packaging solutions to minimize product wastage and shipment costs. Consequently, there has been escalating demand for retort packaging globally. Other than this, retort packaging solutions offer a better surface-to-volume ratio compared to traditional metal cans and other packaging solutions.

Besides this, the easy product accessibility through e-commerce platforms, on account of the sudden outbreak of coronavirus disease (COVID-19), is positively influencing the market growth. Other growthinducing factors include strategic collaborations amongst key players to introduce retort cans, trays, and pouches with aesthetic designs, along with changing consumer preferences.

Looking forward, IMARC Group expects the market value to reach US$ 5.8 Billion by 2028, expanding at a CAGR of 7% during the forecast period (2023-2028).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/retort-packaging-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Packaging Type:

• Pouches

• Cartons

• Trays

• Others

Breakup by Material Type:

• Polypropylene

• Polyester

• Aluminum Foil

• Paper Board

• Nylon

• Food Grade Cast Polypropylene

• Others

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Breakup by End User:

• Food

• Beverages

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• Amcor plc

• Clifton Packaging Group Limited

• Constantia Flexibles

• Coveris

• DNP America LLC (Dai Nippon Printing Co. Ltd.)

• FLAIR Flexible Packaging Corporation

• Huhtamäki Oyj

• Mondi plc

• Otsuka Holdings Co. Ltd

• ProAmpac

• Sealed Air Corporation

• Sonoco Products Company

• Tetra Pak (Tetra Laval Group)

1. How has the global retort packaging market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global retort packaging market?

3. What are the key regional markets?

4. What is the breakup of the market based on the packaging type?

5. What is the breakup of the market based on the material type?

6. What is the breakup of the market based on the end user?

7. What are the various stages in the value chain of the industry?

8. What are the key driving factors and challenges in the industry?

9. What is the structure of the global retort packaging market and who are the key players?

10. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/retort-packaging-market/toc

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