Retort Packaging Market Scenario

Retort packaging is composed of heat resistant laminated plastic and metal foil. They provide extended shelf-life to packaged products. Retort packaging is lightweight and comparatively a flexible packaging option as compared to canning. Market Research Future (MRFR's) latest in-depth report on the global retort packaging market predicts the market to reach a valuation of USD 42.05 Bn at a CAGR of 7.5% over the forecast period of 2017-2023.

Cans are being increasingly replaced by retort packaging as it eliminates the disadvantages of canning. Not only are cans heavy and bulky, but they are also resource intensive. Moreover, canned foods tend to be plagued by 'retort flavor' or the typical metallic tats. Retort packaging, on the other hand, has succeeded canning due to its various inherent advantages, including, better thermal conductivity, shorter heating times, and thinner profile which facilitates considerably faster heating in the retort.

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The governments in multiple countries have undertaken initiatives to ensure food safety and hygiene in food processing units. This provides favorable grounds for the growth of the market.

The eminent players operating in the retort packaging market includes

DS Smith PLC(U.K.)
Otsuka Holdings Company Limited (Japan)
Sealed Air Corporation(U.S.)
Clondalkin Industries BV (Netherlands)
Coveris Holdings S.A. (U.S.)
Sonoco Products Company(U.S.
Berry Plastics Corporation (U.S.)
Tredegar Corporation(U.S.)
Ampac Holdings LLC(U.S.)
Astrapak Limited (South Africa)
RockTenn Company (U.S.)
Bemis Company Inc. (U.S)
Amcor Ltd. (Australia)
Mondi Group (South Africa).
Industry Updates

June 2019 - the Indian Institute of Packaging (IIP) had recently organized a conference on food packaging. The conference addressed various challenges surrounding the industry with a key focus on retort packaging.

Segmentation

The global retort packaging market has been segmented based on packaging type, material, and end use.

By packaging type, the retort packaging market has been segmented into pouch, carton, and tray.

By material, the retort packaging market has been segmented into polypropylene, food grade cast polypropylene, polyester, aluminum foil, biomaterial, paperboard, and nylon.

By end use, the retort packaging market has been segmented into food, beverage, and pharmaceutical.

Regional Analysis

By region, the retort packaging market has been segmented into the Americas, Europe, the Middle East & Africa (MEA), and Asia Pacific (APAC).

The APAC market is the dominant one in terms of revenue. Growing demand from the pharmaceutical and food & beverage industry for retort packaging is substantiating the growth of the market. Moreover, retort packaging is ideally suited for packaging purposes in the tropical climate of the region. The expanding personal care industry too is boosting the demand for retort packaging. Other factors include growing disposable income, which has spurred the demand for packaged food products.

North America and Europe market are anticipated to follow APAC's lead. The prolific growth of the retail industry, there is a high demand for retort packaging. Moreover, the regulatory bodies in the region lay higher emphasis on food safety and advocate the use of flexible packaging solutions.

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TABLE OF CONTENT

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continues.......

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM-UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

Continues....

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