Quick Summary:
As the global industry evolves and lifestyle trends shift towards convenience, the market for retort pouches continues to grow substantially. These heat-resistant and pressure-withstanding pouches are being used increasingly as an alternative to traditional glass and metal containers, particularly in the food packaging sector. Apart from their practical usage and space-saving nature, the added features of these pouches such as spouts, release valves, tear notches, and so on are proving appealing to the modern consumer.
The rise in urbanization, evolving dietary habits and busy schedules of the working-class population are driving the demand for retort pouches substantially. Increased consumption of packaged, single-serving food & beverage items like milk, yogurt, or juice, for instance, amplifies the market. Additionally, the packaging flexibility, aesthetic appeal for brand differentiation, and extended shelf life offered by these pouches are highly appreciated by various companies. Constant advancements in equipment and production methods continuously improve the pouches' quality and output capacity further fueling market growth.
The global retort pouches market size reached US$ 1.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.
Retort pouches are heat-resistant bags laminated with multiple layers of flexible plastic and metal foil which can withstand high temperature and intense pressure. The lightweight PET films in these pouches prevent air and moisture from entering and spoiling the content of the pouch. As retort pouches are easy to use and consume limited space, they are extensively being used as a substitute for metal and glass containers in the food packaging industry. Further, due to their add-on features likes spouts, release valves, tear notches, slider closures with end-clips, resealable zippers, and handles; retort pouches are gaining traction among consumers across the globe.
2. What is the expected growth rate of the global retort pouches market during 2023-2028?
3. What are the key factors driving the global retort pouches market?
4. What has been the impact of COVID-19 on the global retort pouches market?
5. What is the breakup of the global retort pouches market based on the product type?
6. What is the breakup of the global retort pouches market based on the capacity?
7. What is the breakup of the global retort pouches market based on the closure type?
8. What is the breakup of the global retort pouches market based on the material type?
9. What is the breakup of the global retort pouches market based on the application?
10. What are the key regions in the global retort pouches market?
11. Who are the key players/companies in the global retort pouches market?
Retort pouches are heat-resistant bags laminated with multiple layers of flexible plastic and metal foil which can withstand high temperature and intense pressure. The lightweight PET films in these pouches prevent air and moisture from entering and spoiling the content of the pouch. As retort pouches are easy to use and consume limited space, they are extensively being used as a substitute for metal and glass containers in the food packaging industry. Further, due to their add-on features likes spouts, release valves, tear notches, slider closures with end-clips, resealable zippers, and handles; retort pouches are gaining traction among consumers across the globe.
Retort Pouches Market Trends:
Rapid urbanization, inflating disposable incomes, hectic schedules and changing dietary preferences of the working population have led to an increase in the sales of packaged and single-serve food products, such as milk, yogurt, and juice, which, in turn, have provided thrust to the growth of the retort pouches market. Additionally, high-barrier flexible packaging method is gaining popularity among end-users as it improves the shelf life of products and provides better performance. Apart from this, several companies prefer to use retort pouch packaging for brand differentiation as these pouches offer aesthetic appeal, customizable packaging and convenient labelling solutions. Further, vendors are constantly improving their equipment and investing heavily in new production methods. For instance, they are purchasing filling and forming machines to increase the output capacity.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global retort pouches market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, capacity, closure type, material type and application.Breakup by Product Type:
- Stand-up Pouches
- Spouted Pouches
- Zipper Pouches
- Pillow Pack
- 3-Side Sealed
Breakup by Capacity:
- Low
- Medium
- High
Breakup by Closure Type:
- With Cap
- Without Cap
Breakup by Material Type:
- Polypropylene
- Aluminum Foil
- Polyester
- Nylon
- Paper & Paperboard
- Others
Breakup by Application:
- Food and Beverage
- Healthcare
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Otsuka Holdings Co. Ltd., Berry Plastics Corporation, Mondi PLC, Amcor Limited, Sonoco Products Company, Astrapak Ltd, Coveris, Bemis Company, Inc, Tredegar Corporation, Sealed Air Corporation, Huhtamaki Group, Clifton Packaging Group Ltd., Foshan Nanhai LD Packaging Co., Ltd., Constantia Flexibles International GmbH, ProAmpac, Alliedflex Technologies Ltd., Flexi-Pack Ltd., etc.Key Questions Answered in This Report
1. What was the size of the global retort pouches market in 2022?2. What is the expected growth rate of the global retort pouches market during 2023-2028?
3. What are the key factors driving the global retort pouches market?
4. What has been the impact of COVID-19 on the global retort pouches market?
5. What is the breakup of the global retort pouches market based on the product type?
6. What is the breakup of the global retort pouches market based on the capacity?
7. What is the breakup of the global retort pouches market based on the closure type?
8. What is the breakup of the global retort pouches market based on the material type?
9. What is the breakup of the global retort pouches market based on the application?
10. What are the key regions in the global retort pouches market?
11. Who are the key players/companies in the global retort pouches market?
Frequently Asked Questions about the Global Retort Pouches Market
What is the estimated value of the Global Retort Pouches Market?
What is the growth rate of the Global Retort Pouches Market?
What is the forecasted size of the Global Retort Pouches Market?
Who are the key companies in the Global Retort Pouches Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1.8 Billion |
| Forecasted Market Value ( USD | $ 2.8 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Retort Pouches Market
6 Market Breakup by Product Type
7 Market Breakup by Capacity
8 Market Breakup by Closure Type
9 Market Breakup by Material Type
10 Market Breakup by Application
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Otsuka Holdings Co. Ltd.
- Berry Plastics Corporation
- Mondi PLC
- Amcor Limited
- Sonoco Products Company
- Astrapak Ltd
- Coveris
- Bemis Company Inc
- Tredegar Corporation
- Sealed Air Corporation
- Huhtamaki Group
- Clifton Packaging Group Ltd.
- Foshan Nanhai LD Packaging Co. Ltd.
- Constantia Flexibles International GmbH
- ProAmpac
- Alliedflex Technologies Ltd.
- Flexi-Pack Ltd.
Methodology
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