Market Research Report

Retort Packaging Market

Retort Packaging Market Research Report: Size, Share, Trend Analysis Packaging Type (Pouches, Trays, Cartons, Others), Material (Paper & Paperboard, Aluminum foil, Polypropylene, Polyester, Material_Others), Application (Food, Beverages, Application_Others) and By Region (Asia Pacific, South America, Europe, North America, Middle East and Africa) - Growth Outlook & Industry Forecast To 2025

Vertical: PCMBase Year: 2018

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Executive Summary

Retort Packaging Market — Snapshot

  • Market Size (2018)

    $8.58B

  • Projected (2025)

    $12.22B

  • CAGR (2018–2025)

    5.2%

  • Key Players

    10+

The global retort packaging market is driven by factors such as the growth of online food ordering and growth of the packaged food industry. However, fluctuation in raw material prices and government norms against plastic packaging act as restraints for the market growth during the forecast period. The global retort packaging market is projected to grow at 6.5% CAGR during the forecast period.

The global market for retort packaging has been segmented based on packaging type, material, and application. On the basis of packaging type, the global market has been segmented into pouches, trays, cartons, and others. In 2018, the pouches segment accounted for the larger market share of 52.86%with a market value of USD 16,873.29 million. It is projected to grow at 6.9% CAGR during the forecast period.

On the basis of material, the global market has been segmented into paper & paperboard, aluminum foil, polypropylene, polyester, and others. In 2018, the paper & paperboard segment accounted for the largest market share of 28.04% with a market value of USD 8,951.21million. It is projected to grow at 5.9% CAGR during the forecast period.

On the basis of application, the global market has been segmented into food, beverages, and others. In 2018, the food segment accounted for the largest market share of 61.81%with a market value of USD 19,731.69 million. It is projected to grow at 6.7% CAGR during the forecast period.

On the basis of region, in 2018, Europe accounts for 36.36% market share trailed by Asia-Pacific with market share of 33.12%, will continue to dominate the market during the forecast period.

Key Insight

The Retort Packaging Market market is projected to grow at a CAGR of 5.2% from 2018 to 2025.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 4 segments: Pouches, Trays, Cartons, Others. Forecasts are provided for each segment from 2018 to 2025.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Retort Packaging Market

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