Retort Packaging Market 2024-2028
The retort packaging market is forecasted to grow by USD 1944.3 mn during 2023-2028, accelerating at a CAGR of 8.06% during the forecast period. The report on the retort packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of e-commerce industry, growing demand for retort packaging in food industry, and rising focus on lightweight packaging.
Technavio's retort packaging market is segmented as below:
- By End-user
- Food
- Beverages
- Pharmaceuticals
- Others
- By Type
- Pouches
- Trays
- Cartons
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing vendor initiatives to promote sustainable packaging as one of the prime reasons driving the retort packaging market growth during the next few years. Also, rising focus on improving shelf-life of products and rising focus on packaging aesthetics and branding will lead to sizable demand in the market.
The report on the retort packaging market covers the following areas:
- Retort packaging market sizing
- Retort packaging market forecast
- Retort packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retort packaging market vendors that include Amcor Plc, Berry Global Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, Coveris Management GmbH, FLAIR Flexible Packaging Corp., Floeter India Retort Pouches Pvt. Ltd., Fres-co System USA Inc., Icone International Ltd., IMPAK Corp., Logos Packaging, Mondi Plc, Nittopack Co. Ltd., Otsuka Holdings Co. Ltd., POLYNOVA Industries Inc., Sealed Air Corp., Sonoco Products Co., Tetra Laval SA, Tredegar Corp., and Wihuri International Oy. Also, the retort packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.