As per the report, the global retort pouches market attained a value of USD 1682.00 million in 2022. Aided by the increasing demand for convenient and lightweight packaging solutions in the food and beverage industry, the market is expected to grow at a CAGR of 7.3% between 2023 and 2028 to reach a value of USD 2566.93 million by 2028.
Retort pouches are a type of flexible packaging solution made from multiple layers of plastic and metal foil, designed to withstand the high temperatures and pressure involved in the retort sterilisation process. Retort pouches offer several advantages over traditional metal cans, such as reduced weight, lower packaging and transportation costs, and improved product quality due to shorter processing times. They are used for packaging various food products, including sauces, soups, ready-to-eat meals, and pet foods, among others.
The global retort pouches market growth is primarily driven by the increasing demand for convenient and lightweight packaging solutions in the food and beverage industry. The growing consumer preference for ready-to-eat meals and processed foods, coupled with the rising awareness of the benefits of retort pouches, has contributed to the increased adoption of these packaging solutions across the industry.
Additionally, the growing focus on sustainability and the need to reduce plastic waste have led to the development of eco-friendly retort pouches made from biodegradable and recyclable materials. The increasing adoption of these sustainable packaging solutions is expected to create new growth opportunities for the global retort pouches market during the forecast period.
The advancements in packaging technology and the increasing investment in research and development by market players are also expected to drive the growth of the retort pouches market. The development of innovative pouch designs with enhanced barrier properties, improved seal integrity, and better heat resistance is anticipated to further bolster the retort pouches market expansion.
With the increasing focus on product differentiation and branding in the food and beverage industry, the demand for customised retort pouches with unique shapes, sizes, and designs is on the rise. The development of innovative printing techniques and the use of digital technology to create eye-catching graphics and designs on retort pouches are expected to drive the retort pouches market growth during the forecast period.
Retort pouches are a type of flexible packaging solution made from multiple layers of plastic and metal foil, designed to withstand the high temperatures and pressure involved in the retort sterilisation process. Retort pouches offer several advantages over traditional metal cans, such as reduced weight, lower packaging and transportation costs, and improved product quality due to shorter processing times. They are used for packaging various food products, including sauces, soups, ready-to-eat meals, and pet foods, among others.
The global retort pouches market growth is primarily driven by the increasing demand for convenient and lightweight packaging solutions in the food and beverage industry. The growing consumer preference for ready-to-eat meals and processed foods, coupled with the rising awareness of the benefits of retort pouches, has contributed to the increased adoption of these packaging solutions across the industry.
Additionally, the growing focus on sustainability and the need to reduce plastic waste have led to the development of eco-friendly retort pouches made from biodegradable and recyclable materials. The increasing adoption of these sustainable packaging solutions is expected to create new growth opportunities for the global retort pouches market during the forecast period.
The advancements in packaging technology and the increasing investment in research and development by market players are also expected to drive the growth of the retort pouches market. The development of innovative pouch designs with enhanced barrier properties, improved seal integrity, and better heat resistance is anticipated to further bolster the retort pouches market expansion.
With the increasing focus on product differentiation and branding in the food and beverage industry, the demand for customised retort pouches with unique shapes, sizes, and designs is on the rise. The development of innovative printing techniques and the use of digital technology to create eye-catching graphics and designs on retort pouches are expected to drive the retort pouches market growth during the forecast period.
Market Segmentation
The market can be divided based on product type, packaging type, closure type, material type, application, and region.Market Breakup by Product Type
- Spouted Pouches
- Zipper Pouches
- Pillow Pack
- Others
Market Breakup by Packaging Type
- Stand-up Pouches
- Flat Pouches
Market Breakup by Closure Type
- With Cap
- Without Cap
Market Breakup by Material Type
- Polypropylene
- Aluminium Foil
- Polyester
- Nylon
- Paper and Paperboard
- Others
Market Breakup by Application
- Food and Beverages
- Healthcare
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global retort pouches companies. Some of the major key players explored in the report are as follows:- Mondi Group
- Amcor plc
- Sonoco Products Company
- Berry Global Group, Inc
- ProAmpac Holdings Inc
- Huhtamäki Oyj
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis17 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Retort Pouches Market Analysis
9 North America Retort Pouches Market Analysis
10 Europe Retort Pouches Market Analysis
11 Asia Pacific Retort Pouches Market Analysis
12 Latin America Retort Pouches Market Analysis
13 Middle East and Africa Retort Pouches Market Analysis
14 Market Dynamics
16 Competitive Landscape
Companies Mentioned
- Mondi Group
- Amcor plc
- Sonoco Products Company
- Berry Global Group, Inc.
- ProAmpac Holdings Inc.
- Huhtamäki Oyj
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 143 |
Published | April 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 1801.4 Million |
Forecasted Market Value ( USD | $ 2566.93 Million |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
No. of Companies Mentioned | 6 |