Retort Packaging Market

Retort Packaging Market by Type (Pouches, Trays, and Cartons), Material (PET, Polypropylene, Aluminum foil, PA, PE, and Paperboard), End-use (Food and Beverages), and Region - Global Forecast to 2025

Report Code: PK 3673 Mar, 2020, by marketsandmarkets.com
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[190 Pages Report] The global retort packaging market size is projected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.18% from 2020 to 2025. The demand for retort packaging can be attributed to the high growth and increase in demand for ready to eat or ready meals across the globe. Factors such as busy work life, growing single households, and increasing spending power have boosted the market of readymade food hence driving the market of retort packaging.

Retort Packaging Market

In terms of value and volume, the pouches segment is projected to lead the retort packaging market from 2020 to 2025.

Based on type, the pouches segment is projected to be the largest market for retort packaging. The dominant market position of the pouches can be attributed to its durability. The growth of this segment is attributed to its increasing demand from food and beverage industry for the packing of their products. Properties of retort pouches such as lightweight, less spacing consuming more shelf life makes it a suitable alternative to tin cans.

In terms of value and volume, the food end-use segment of the retorts packaging market is projected to be the largest market.

Food includes ready to eat meals, meat poultry & seafood, pet food, baby food, soups & sauces, and others. It is a significant contributor to the growth of retort packaging. Retort packaging has revolutionized the food industry. It has contributed to the development of food supply channels that have helped in making seasonal foods available all year.  Due to changing demographics, consumers are looking for more convenient ways to eat their food without much of a hassle.

Retort Packaging Market

In terms of both value as well as volume, the APAC region is estimated to account for the highest share in the global retort packaging market during the forecast period.

In terms of value, the APAC region is projected to lead the global market from 2020 to 2025 due to the strong demand from countries such as China, Australia, South Korea, and Japan. The region has more half of the world’s population and there has been an increase in the demand for convenient products due to hectic work life and increasing per capita income. Consumers in the region are looking for ready meal products that can be consumed without much work; hence the demand for retort packages is growing in the region.

Key Market Players

Key players, such as Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Coveris (US) Mondi Group (South Africa), and Huhtamaki Oyj (Finland) have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the retort packaging market.

Amcor, formerly known as APM-Australian Paper Manufacturers, is a global packaging manufacturer that offers innovative packaging solutions to the customers. Amcor designs highly versatile packaging solutions that are innovative, available with a one-way integrated valve, and offer ease of disposal. Innovation, excellence in manufacturing, and a broad range of technologies are the key strengths of the company. The company is one of the key leaders in the retort packaging market; faces intense competition from the global as well as the regional players.

Scope of the Report

Report Metric

Details

Market size available for years

2018–2025

Base year considered

2019

Forecast period                                        

2020–2025

Forecast units

Value (USD) and Volume (Million Unit)

Segments covered

Type, Material, End-Use, and Region

Geographies covered

North America, Asia Pacific, Europe, South America, and the Middle East & Africa

Companies covered

Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group (South Africa), Otsuka Holdings Co. Ltd (Japan), Tredegar Corporation (US), Coveris (Austria), Clondalkin (Netherlands), Sealed Air Corporation (US) are the top 10 manufacturers are covered in the retort packaging market.

This research report categorizes the cosmetic packaging market based on type, material, application, and region.

Cosmetic Packaging Market, By Type

  • Pouches
  • Trays
  • Cartons
  • Others (metal cans, plastic and glass bottles)

Cosmetic Packaging Market, By Material

  • PET
  • Polypropylene
  • Aluminum foil
  • Polyethylene
  • Polyamide
  • Paperboard
  • Others (EVOH, EVA, PVdC)

Cosmetic Packaging Market, By End-use

  • Food
  • Beverages
  • Others (pharmaceutical and personal care products)

Cosmetic Packaging Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • South America

Key Questions Addressed by the Report:

  • What are the global trends in the retort packaging market? Would the market witnessed an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of retort packaging?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the upcoming industry applications and trends for retort packaging?
  • Who are the major players in the retort packaging market globally?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Content

1 Introduction
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Regional Scope
           1.3.2 Years considered for the study
    1.4 Currency
    1.5 Units
    1.6 Stakeholders
    1.7 Limitations

2 Research Methodology
    2.1 Research Data
    2.2 Market Size Estimation
           2.2.1  Approach 1
           2.2.2 Approach 2
    2.3 Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Evolution
    5.3 Market Dynamics
           5.3.1  Market Drivers
           5.3.2  Market Restraints
           5.3.3  Market Challenges
           5.3.4  Market Opportunities
    5.4 Yc, Ycc Drivers
    5.5 Covid-19 Impact

6 Industry Trends
    6.1 Introduction
    6.2 Market Trends Analysis

7 Global Retort Packaging Market, By Type, 2018-2025 (value/volume)
    7.1 Introduction
    7.2 Pouches
    7.3 Trays
    7.4 Cartons 
    7.5 Others (if any)

8 Global Retort Packaging Market, By Materials, 2018-2025 (value/volume)
    8.1 Introduction
    8.2 PET
    8.3 Polypropylene
    8.4 Aluminium Foil 
    8.5 PA
    8.6 Paperboard  
    8.7 Any Others (EVOH, EVA, PVdC, others)

9 Global Retort Packaging Market, By End-Use, 2018-2025 (value/volume)
    9.1 Introduction
    9.2 Food
           9.2.1  Ready to Eat
           9.2.2 Meat, Poultry & Seafood
           9.2.3 Pet Food
           9.2.4 Baby Food
           9.2.5 Soups and Sauces
    9.3 Beverage 
           9.3.1 Soft Drink
           9.3.2 Tea & Coffee
           9.3.3 Alcohol Drinks
    9.4 Others

10 Global Retort Packaging Market, By Geography, 2018-2025 (value/volume)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 UK
             10.3.4 Russia
             10.3.5 Spain
             10.3.6 Italy
             10.3.7 Rest Of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Australia
             10.4.4 Japan
             10.4.5 South Korea
             10.4.6 Rest of Asia-Pacific
     10.5 Middle East & Africa
             10.5.1 UAE
             10.5.2 Turkey
             10.5.3 Saudi Arabia
             10.5.4 South Africa
             10.5.5 Rest of Middle East & Africa
     10.6 South America
             10.6.1 Brazil
             10.6.2 Argentina
             10.6.3 Rest of South America

11 Global Competitive Landscape
     11.1 Overview
     11.2 Competitive Mapping
             11.2.1 Leaders
             11.2.2 Emerging Companies
             11.2.3 Innovators
             11.2.4 Strategic Players
     11.3 Competitive Scenario
             11.3.1 Mergers & Acquisitions
             11.3.2 Expansions & Investments
             11.3.3 New Product Develoment
             11.3.4 Partnerships, Agreements and Joint ventures

12 Company Profiles
     12.1 Introduction
     12.2 Amcor Limited
     12.3 Berry Plastics Corporation
     12.4 Mondi Group
     12.5 Sonoco
     12.6 Coveris
     12.7 Clondalkin Industries BV
     12.8 Sealed Sir Corporation
     12.9 ProAmpac LLC
     12.10 Huhtamaki Group
     12.11 Constantia Flexibles
     12.12 Flair Flexible Packaging  Corporation
     12.13 DNP America
     12.14 Clifton Packaging Company
     12.15 Fujimori Kogyo Co. Ltd
     12.16 Sopakco Packaging
     12.17 HPM Global Inc.
     12.18 Floeter India Retort Pouches 
     12.19 Lithotype
     12.20 Technipak
     12.21 Pyramid Packaging
     12.22 Toyoseikan
     12.23 Fuji Tokushi

Note: 
1) The above list is tentative and may change as per research progress
2) Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, Winning Imperatives, and Right to Win Might Not Be Captured in Case of Unlisted Companies.
3) The report will cover 25 global manufactures

13 Appendix
     13.1 Key Industry Insights 
     13.2 Discussion Guide 
     13.3 Knowledge Store: MarketsandMarkets' Subscription Portal
     13.4 Introducing RT: Real Time Market Intelligence
     13.5 Available Customization 
     13.6 Related Reports

The study involved four major activities for estimating the current global size of the retort packaging market. The exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions and sizes with the industry experts across the value chain of retort packaging through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the retort packaging market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study on the cosmetic packaging market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the cosmetic packaging market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the cosmetic packaging industry. The primary sources from the demand-side included key executives from banks, government organizations, and educational institutions. The breakdown of the profiles of primary respondents is as follows:

Retort Packaging Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the global size of the retort packaging market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the retort packaging market. The data was triangulated by studying various factors and trends from both the demand- and supply-side.

Research Objectives

  • To define, analyze, and project the size of the retort packaging market in terms of value and volume based on type, material, end-use, and region
  • To project the size of the market and its segments in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
  • To analyze the competitive developments, such as new product launches, expansions, and acquisitions, in the retort packaging market
  • To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies
  • Middle East & Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the cosmetic packaging report:

Product Analysis

  •  Product matrix, which offers a detailed comparison of the product portfolio of companies

Regional Analysis

  •  Further analysis of the cosmetic packaging market for additional countries

Company Information

  •  Detailed analysis and profiling of additional market players (up to five)
Report Code
PK 3673
Published ON
Mar, 2020
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