All updated as on -
The total value of the global retort packaging market was $4.48 billion in 2022, and it is expected to increase to $8.19 billion by 2030, a CAGR of 8% between 2023 and 2030.
Drivers
Demand for ready-to-eat meals continues to rise.
The rising need for quick and easy meals is one factor pushing the worldwide retort packaging industry forward. Consumers' hectic schedules and shifting eating habits have fueled a rise in demand for quick and easy meals. As an easy-to-use, portable, and shelf-stable option, retort packaging is a great choice for these items. Factors like as urbanisation, increased disposable incomes, and the demand for convenient lunch options while on the go all contribute to this force.
Restraints
Waste packaging causes environmental problems.
Environmental concerns about packaging waste are a major factor holding back the worldwide retort packaging market. Multiple layers of plastics and aluminium are commonly used in retort packaging, which can lead to the accumulation of non-biodegradable trash. The environment may be harmed if this package is disposed of or recycled incorrectly. The retort packaging business confronts the challenge of providing more eco-friendly and recyclable packaging solutions to address the growing emphasis on sustainability among customers, producers, and regulatory organisations.
The global market for retort packaging is increasing rapidly and is projected to do so for the foreseeable future. Retort packaging, also known as flexible packaging, is widely used in the food and beverage industries because of its superior ability to prolong the shelf life of a wide range of products. The market is being propelled by a number of factors, such as the increasing demand for ready-to-eat meals, the appeal of lightweight and easy-to-use packaging, and the rising demand for convenience foods. Extended storage life, increased food safety, and lower transportation costs are just a few of the reasons why retort packaging is so popular. The growing urban population, evolving consumer preferences, and hectic pace of modern life are all factors that have contributed to an uptick in the desire for convenient, portable food. The development of high-barrier materials and novel designs have contributed to the enhanced functionality and aesthetic appeal of retort packaging. Market participants are focusing on product innovation, strategic partnerships, and M&As to obtain an edge in the fiercely competitive environment. North America has a large share of the worldwide market because of its advanced food and beverage industry and widespread predilection for prepackaged foods. Markets are expanding quickly in China and India, two of the world's fastest-growing economies, because of rising middle classes, urbanisation, and shifting consumer tastes in these countries. Demand for efficient and environmentally friendly packaging options in a wide range of sectors is expected to fuel the global market's expansion in the coming years.
Key Market Developments
One significant market trend in the worldwide retort packaging industry is the increasing interest in environmentally friendly packaging options. Retort packaging that is sustainable, recyclable, and waste-minimizing is in high demand due to rising environmental consciousness. In order to reduce their impact on the environment without compromising product safety or shelf life, major companies in the market are investing heavily in the research and development of new packaging materials and technologies. Sustainable retort packaging is being adopted because it is in line with the growing consumer appetite for environmentally sensitive products.
Classification According to Subtype
When it comes to retort packing, pouches are by far the most popular option worldwide. Pouches are ideal for many different types of food and drink because of their many benefits, including their portability, adaptability, and superior barrier qualities. Consumers love pouches because they are lightweight, compact, and simple to open and close. You'll find them in many different types of food packaging, including those for baby food, pet food, and ready-to-eat meals. Manufacturers can save money on materials and time on packaging by using pouches, and they can also make better use of available space and spend less on shipping. The rising popularity of ready-to-eat meals and convenient foods, as well as the demand for environmentally friendly and inventive packaging options, are driving the growth of the pouch segment of the retort packaging market.
Trays are the most rapidly expanding type of retort packaging worldwide. Because of their superior product visibility, portability, and shelf appeal, trays are experiencing rapid expansion. As a hard packaging option, trays keep products safe and secure whether in transit or storage. Large quantities of meat, poultry, fish, and ready-to-eat meals are packaged in them. The expansion of trays in the retort packaging market can be attributed to the expanding demand for fresh and frozen food products, the rising popularity of case-ready packaging, and the rising acceptance of modified atmosphere packaging (MAP) techniques. The fact that trays may be labelled and decorated in creative ways for marketing purposes has also contributed to their meteoric rise in popularity.
Evaluation Through Use
The food industry is the largest consumer of retort packaging worldwide. Many foods, from ready-to-eat meals to processed fruits and vegetables to fish, meat, sauces, soups, and even infant food, are packaged in retort containers. Growth in metropolitan areas, shifting consumer eating habits, and a desire for ready-to-eat foods all contribute to the food industry's need for retort packaging. Manufacturers and shoppers alike have come to favour retort packaging for its ability to keep food fresh for longer without compromising its quality.
Beverages represent the fastest-growing application area in the worldwide retort packaging market. Beverages like ready-to-drink coffees and teas, energy drinks, fruit juices, and alcoholic beverages are increasingly being sold in retort packaging. The benefits of retort packing for on-the-go consumption are ease of use, portability, and preservation of product quality. Retort packaging's rapid expansion in the beverage industry is being fueled by consumers' growing fondness for pre-packaged, shelf-stable drinks as well as the industry's pressing need to lengthen the lifespan of its products. Another factor contributing to retort packaging's rising popularity is its ability to accommodate a wide range of beverage container sizes and shapes.
Report Coverage
Global Retort Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Retort Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Retort Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Retort Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Retort Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Retort Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ProAmpac (US), Coveris (US), Berry Global Inc. (US), FLAIR Flexible Packaging Corporation (US), IMPAK CORPORATION (US), PORTCO PACKAGING (US), Constantia Flexibles (Austria), Mondi (Austria), Tetra Pak (Switzerland), Clifton Packaging Group Limited (UK), DNP America, LLC. (US), Sonoco Products Company (US), Amcor plc (Australia), Sealed Air (US), WINPAK LTD. (Canada), Huhtamaki (Finland), LD PACKAGING CO., LTD (China), Paharpur 3P (India), Printpack (US), Floeter India Retort Pouches (India)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Retort Packaging market based on the below-mentioned segments:
Global Retort Packaging Market, By Type
Pouches
cartons
trays
others
Global Retort Packaging market, By Application
Food
beverages
others
Global Retort Packaging market, Regional Analysis
Drivers
Demand for ready-to-eat meals continues to rise.
The rising need for quick and easy meals is one factor pushing the worldwide retort packaging industry forward. Consumers' hectic schedules and shifting eating habits have fueled a rise in demand for quick and easy meals. As an easy-to-use, portable, and shelf-stable option, retort packaging is a great choice for these items. Factors like as urbanisation, increased disposable incomes, and the demand for convenient lunch options while on the go all contribute to this force.
Restraints
Waste packaging causes environmental problems.
Environmental concerns about packaging waste are a major factor holding back the worldwide retort packaging market. Multiple layers of plastics and aluminium are commonly used in retort packaging, which can lead to the accumulation of non-biodegradable trash. The environment may be harmed if this package is disposed of or recycled incorrectly. The retort packaging business confronts the challenge of providing more eco-friendly and recyclable packaging solutions to address the growing emphasis on sustainability among customers, producers, and regulatory organisations.
The global market for retort packaging is increasing rapidly and is projected to do so for the foreseeable future. Retort packaging, also known as flexible packaging, is widely used in the food and beverage industries because of its superior ability to prolong the shelf life of a wide range of products. The market is being propelled by a number of factors, such as the increasing demand for ready-to-eat meals, the appeal of lightweight and easy-to-use packaging, and the rising demand for convenience foods. Extended storage life, increased food safety, and lower transportation costs are just a few of the reasons why retort packaging is so popular. The growing urban population, evolving consumer preferences, and hectic pace of modern life are all factors that have contributed to an uptick in the desire for convenient, portable food. The development of high-barrier materials and novel designs have contributed to the enhanced functionality and aesthetic appeal of retort packaging. Market participants are focusing on product innovation, strategic partnerships, and M&As to obtain an edge in the fiercely competitive environment. North America has a large share of the worldwide market because of its advanced food and beverage industry and widespread predilection for prepackaged foods. Markets are expanding quickly in China and India, two of the world's fastest-growing economies, because of rising middle classes, urbanisation, and shifting consumer tastes in these countries. Demand for efficient and environmentally friendly packaging options in a wide range of sectors is expected to fuel the global market's expansion in the coming years.
Key Market Developments
One significant market trend in the worldwide retort packaging industry is the increasing interest in environmentally friendly packaging options. Retort packaging that is sustainable, recyclable, and waste-minimizing is in high demand due to rising environmental consciousness. In order to reduce their impact on the environment without compromising product safety or shelf life, major companies in the market are investing heavily in the research and development of new packaging materials and technologies. Sustainable retort packaging is being adopted because it is in line with the growing consumer appetite for environmentally sensitive products.
Classification According to Subtype
When it comes to retort packing, pouches are by far the most popular option worldwide. Pouches are ideal for many different types of food and drink because of their many benefits, including their portability, adaptability, and superior barrier qualities. Consumers love pouches because they are lightweight, compact, and simple to open and close. You'll find them in many different types of food packaging, including those for baby food, pet food, and ready-to-eat meals. Manufacturers can save money on materials and time on packaging by using pouches, and they can also make better use of available space and spend less on shipping. The rising popularity of ready-to-eat meals and convenient foods, as well as the demand for environmentally friendly and inventive packaging options, are driving the growth of the pouch segment of the retort packaging market.
Trays are the most rapidly expanding type of retort packaging worldwide. Because of their superior product visibility, portability, and shelf appeal, trays are experiencing rapid expansion. As a hard packaging option, trays keep products safe and secure whether in transit or storage. Large quantities of meat, poultry, fish, and ready-to-eat meals are packaged in them. The expansion of trays in the retort packaging market can be attributed to the expanding demand for fresh and frozen food products, the rising popularity of case-ready packaging, and the rising acceptance of modified atmosphere packaging (MAP) techniques. The fact that trays may be labelled and decorated in creative ways for marketing purposes has also contributed to their meteoric rise in popularity.
Evaluation Through Use
The food industry is the largest consumer of retort packaging worldwide. Many foods, from ready-to-eat meals to processed fruits and vegetables to fish, meat, sauces, soups, and even infant food, are packaged in retort containers. Growth in metropolitan areas, shifting consumer eating habits, and a desire for ready-to-eat foods all contribute to the food industry's need for retort packaging. Manufacturers and shoppers alike have come to favour retort packaging for its ability to keep food fresh for longer without compromising its quality.
Beverages represent the fastest-growing application area in the worldwide retort packaging market. Beverages like ready-to-drink coffees and teas, energy drinks, fruit juices, and alcoholic beverages are increasingly being sold in retort packaging. The benefits of retort packing for on-the-go consumption are ease of use, portability, and preservation of product quality. Retort packaging's rapid expansion in the beverage industry is being fueled by consumers' growing fondness for pre-packaged, shelf-stable drinks as well as the industry's pressing need to lengthen the lifespan of its products. Another factor contributing to retort packaging's rising popularity is its ability to accommodate a wide range of beverage container sizes and shapes.
Report Coverage
Global Retort Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Retort Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Retort Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Retort Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ProAmpac (US), Coveris (US), Berry Global Inc. (US), FLAIR Flexible Packaging Corporation (US), IMPAK CORPORATION (US), PORTCO PACKAGING (US), Constantia Flexibles (Austria), Mondi (Austria), Tetra Pak (Switzerland), Clifton Packaging Group Limited (UK), DNP America, LLC. (US), Sonoco Products Company (US), Amcor plc (Australia), Sealed Air (US), WINPAK LTD. (Canada), Huhtamaki (Finland), LD PACKAGING CO., LTD (China), Paharpur 3P (India), Printpack (US), Floeter India Retort Pouches (India) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Retort Packaging Market from 2021 to 2030.
- Market Forecast for Retort Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Retort Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Retort Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Retort Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Retort Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ProAmpac (US), Coveris (US), Berry Global Inc. (US), FLAIR Flexible Packaging Corporation (US), IMPAK CORPORATION (US), PORTCO PACKAGING (US), Constantia Flexibles (Austria), Mondi (Austria), Tetra Pak (Switzerland), Clifton Packaging Group Limited (UK), DNP America, LLC. (US), Sonoco Products Company (US), Amcor plc (Australia), Sealed Air (US), WINPAK LTD. (Canada), Huhtamaki (Finland), LD PACKAGING CO., LTD (China), Paharpur 3P (India), Printpack (US), Floeter India Retort Pouches (India)
Primary Target Market
- Market Players of Retort Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Retort Packaging market based on the below-mentioned segments:
Global Retort Packaging Market, By Type
Pouches
cartons
trays
others
Global Retort Packaging market, By Application
Food
beverages
others
Global Retort Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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