Retort Packaging Market - Global Industry Analysis

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Methodology

Free Analysis

A retort pouch is a form of food packaging made up of a laminated metal foil and flexible plastic. It provides sterile packaging of various food and beverages handled by aseptic processing and is used as a substitute to the traditional industrial canning method. Food is filled into metal cans or pouches, sealed and is heated to the high temperature in the retort packaging so that the product is commercially sterile. Retort systems use steam or superheated water to cook food; it gives extended shelf life and also ensures the safety of food. Retort packaging is not a new concept. It has been around since the late 1960s when the U.S. Army had started replacing its unpopular canned C-rations. This has led directly to a meal ready to eat (MRE) packaging. Since then, retort packaging has evolved from aluminum foil to sophisticated multilayer, high barrier laminate package.  

Retort packaging provides benefits over conventional packaging technique, which includes aesthetic appeal; lightweight, convenience, and hygiene are the key factors which are expected to drive the global retort packaging market growth over the forecast period. Moreover, rising demand for ready-to-eat meals, advancement in the packaging methods for toddler and baby food, a growing number of hypermarkets and supermarkets across urban areas are further expected to upsurge demand for retort packaging. However, strict environmental regulations pertaining to the application of PVC and HDPE may restrain industry growth. 

Based on the type, the retort packaging market is segmented into cartons, pouches, and tray. On the basis of material, the market is segmented into aluminum foil, nylon, polyester, polypropylene, food-grade cast polypropylene, paperboard, and others. Based on end users the market is segmented into a beverage, healthcare, food, personal care, and others.

Europe accounted for substantial revenue share in 2017 in the global retort packaging market and the region is anticipated to continue with its regional supremacy over the forecast timeframe. The growth is attributed due to the presence of major industry players in the region. The Asia Pacific is projected to be a promising region for retort packaging. Large population coupled with rising urban population and huge demand for ready-to-eat meals in the region are the foremost factors expected to drive retort packaging market growth over the forecast period.  
 
Some of the key players operating in retort packaging market include Sealed Air, Mondi Group, Bemis Company, Inc., Clondalkin Group, Coveris Holdings S.A, Amcor Limited, Sonoco Products Company, Ampac Holdings LLC., Berry Plastic Group, Inc., Winpak Limited Company, Flair Flexible Packaging Corporation, and others. Industry players are mostly focusing on developing innovative packaging products to gain revenue share.