The Asia Pacific Retort Pouch Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 874.37 kilo tonnes, showcasing a growth of 3.8% (2019-2022).
The main advantage of retort pouches is their ability to provide shelf-stable packaging for a wide range of products, allowing for convenient storage and transportation without refrigeration. Retort pouches offer a significant convenience factor contributing to their popularity in the food packaging industry.
Additionally, unlike traditional rigid packaging, such as cans or glass jars, these are more compact. They can be easily transported, stored, and disposed of, reducing logistical challenges for manufacturers and consumers.
This growth is primarily fueled by India’s aspirational, more affluent younger consumers. India’s food and grocery sector was valued at $528.7 billion in IFY 2022, a 63 percent share of its total retail sector. The top Indian food e-retailers include Big Basket, JioMart – Reliance Retail, Flipkart, and Amazon Pantry. The increasing preference for time-saving alternatives and convenience has been a significant factor in the rising popularity of it, particularly among urban consumers with hectic schedules.
The China market dominated the Asia Pacific Retort Pouch Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $721.7 million by 2030. The Japan market would exhibit a CAGR of 5.5% during (2023 - 2030). Additionally, The India market is experiencing a CAGR of 6.8% during (2023 - 2030).
Based on Type, the market is segmented into Stand-up Pouches, and Flat Pouches. Based on Closure Type, the market is segmented into Zipper, Tear Notch, and Spout. Based on Application, the market is segmented into Geospatial Food, Beverages, Pet Food, and Others. Based on Material, the market is segmented into Polypropylene (PP), Polyethylene (PE), Polyamide (PA), Polyethylene Terephthalate (PET), Aluminium Foil, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The main advantage of retort pouches is their ability to provide shelf-stable packaging for a wide range of products, allowing for convenient storage and transportation without refrigeration. Retort pouches offer a significant convenience factor contributing to their popularity in the food packaging industry.
Additionally, unlike traditional rigid packaging, such as cans or glass jars, these are more compact. They can be easily transported, stored, and disposed of, reducing logistical challenges for manufacturers and consumers.
This growth is primarily fueled by India’s aspirational, more affluent younger consumers. India’s food and grocery sector was valued at $528.7 billion in IFY 2022, a 63 percent share of its total retail sector. The top Indian food e-retailers include Big Basket, JioMart – Reliance Retail, Flipkart, and Amazon Pantry. The increasing preference for time-saving alternatives and convenience has been a significant factor in the rising popularity of it, particularly among urban consumers with hectic schedules.
The China market dominated the Asia Pacific Retort Pouch Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $721.7 million by 2030. The Japan market would exhibit a CAGR of 5.5% during (2023 - 2030). Additionally, The India market is experiencing a CAGR of 6.8% during (2023 - 2030).
Based on Type, the market is segmented into Stand-up Pouches, and Flat Pouches. Based on Closure Type, the market is segmented into Zipper, Tear Notch, and Spout. Based on Application, the market is segmented into Geospatial Food, Beverages, Pet Food, and Others. Based on Material, the market is segmented into Polypropylene (PP), Polyethylene (PE), Polyamide (PA), Polyethylene Terephthalate (PET), Aluminium Foil, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Amcor Plc
- Sonoco Products Company
- Mondi Plc
- Coveris Management GmbH (Sun Capital Partners, Inc.)
- Sealed Air
- Flair Flexible Packaging Corporation
- Winpak Ltd. (Wihuri International Oy)
- Constantia Flexibles Group GmbH (Multi-Color Corporation)
- Huhtamaki Oyj
- HPM Global Inc.
Market Report Segmentation
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)- Stand-up Pouches
- Flat Pouches
- Zipper
- Tear Notch
- Spout
- Food
- Beverages
- Pet Food
- Others
- Polypropylene (PP)
- Polyethylene (PE)
- Polyamide (PA)
- Polyethylene Terephthalate (PET)
- Aluminium Foil
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Asia Pacific Retort Pouch Market by Type
Chapter 6. Asia Pacific Retort Pouch Market by Closure Type
Chapter 7. Asia Pacific Retort Pouch Market by Application
Chapter 8. Asia Pacific Retort Pouch Market by Material
Chapter 9. Asia Pacific Retort Pouch Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amcor Plc
- Sonoco Products Company
- Mondi Plc
- Coveris Management GmbH (Sun Capital Partners, Inc.)
- Sealed Air
- Flair Flexible Packaging Corporation
- Winpak Ltd. (Wihuri International Oy)
- Constantia Flexibles Group GmbH (Multi-Color Corporation)
- Huhtamaki Oyj
- HPM Global Inc.
Methodology
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