Planet Market Reports projects that the Global Retort Packaging market size will grow from USD 33.75 Billion in 2017 to USD 50.14 Billion by 2023, at an estimated CAGR of 6.82%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Growth in the flexible packaging market and rise in the demand for ready-made meals with extended shelf life are projected to be the major drivers of the retort packaging market. The growing demand for pet food and baby food products are is also one of the major drivers of the retort packaging market. Technological advancements, as well as the emergence of the Meal, Ready-to-Eat, and lesser logistic cost, are expected to have a positive impact on the growth of the retort packaging market.
Global Retort Packaging Market Analysis By key Players
- Amcor Limited
- Berry Plastics Corporation
- Mondi Group
- Otsuka Holdings Co., Limited
- Sonoco Products Company
- Astrapak Limited
- Bemis Company, Inc.
- Clondalkin Industries BV
- Tredegar Corporation
Global Retort Packaging Market Analysis By Type
- Others (metal cans, plastic and glass bottles)
Global Retort Packaging Market Analysis By Material
- Aluminum foil
- Others (EVOH, EVA, PVdC)
Global Retort Packaging Market Analysis By Application
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Retort Packaging Global Market Research Reports Analysis By Geography (Top Region) Data
- Asia-Pacific China, Southeast Asia, India, Japan, Korea, Oceanias
- Europe Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland
- North America United States, Canada, Mexico
- Middle East & Africa GCC, North Africa, South Africa
- South America Brazil, Argentina, Columbia, Chile, Peru
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Please note that owing to the criticality of the Retort Packaging Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
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