Retort Packaging Market by type, by Material, by End Use - Global Forecast to 2020

Posted October 17, 2016 by rakesh_mishra

The demand for retort packaging is projected to grow at a CAGR of 6.7%, in terms of value, from 2015 to 2020.

The report“Retort Packaging Market by type (Pouches, Tray, and Cartons), by Material (Polyester, Polypropylene, Aluminum foil, and others), by End Use (Food, Beverage, and Others) - Global Forecast to 2020”defines and segments the retort packaging market, along with the analyses and projections of the market size. It also identifies the driving and restraining factors for the retort packaging market with the analysis of trends and opportunities.

Browse 115 tables and 51 figures spread through 215 Pages and in-depth TOC on"Retort Packaging Market - Global Forecast to 2020"

Early buyers will receive 10% customization on this report.

End-Use of retort packaging market includes food, beverage, healthcare, and personal care. Growth in pre-made food and pet food and the demand for quality and convenient food are the key drivers of the retort packaging market.

The global retort packaging market is projected to reach USD 41.14 Billion by 2020, with a CAGR of 6.7% from 2015 to 2020. Retort packaging is becoming popular in the frozen food and beverage market due to advantages such as the growing demand for compact and light weight packaging.

The Asia-pacific region accounted for the highest share of the total market value, followed by Europe and North America due to changing lifestyle, increasing disposable income, extensive growth in population, and growth in the packaged food industry. The retort packaging market is well established in developed countries. The market in developing economies, such as China and India are estimated to grow at a higher rate from 2015 to 2020.

The retort packaging market is dominated by large firms such as Amcor Limited (Australia), Berry Plastics Corporation (U.S.), Mondi Group (South Africa), Otsuka Holdings Company Limited (Japan), Sonoco (U.S.), Astrapak Limited (South Africa), Tredegar Corporation (U.S.), Coveris (U.S.), Bemis Company Inc. (U.S.), and Clondalkin Industries BV (Europe). These companies provide advanced retort packaging products, and the considerable expertise and experience gained over the years have optimized their processes and practices to become more efficient. The leading players rely on regional and local distributors to increase their share as well as geographical presence in the market. The key strategies adopted by the players in the retort packaging market are mergers and acquisitions. Companies are adopting inorganic growth strategies, such as acquisitions to cope with the increasing demand for retort packaging in the key emerging markets. This strategy has aided companies to create a larger customer and partner base in the key markets. The leading retort packaging product manufacturers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email:[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Markets and Markets
Country India
Categories Business , Industry , Manufacturing
Tags Retort Packaging Market , Retort Packaging Market by type , Flexible Packaging
Last Updated October 17, 2016