Retort Packaging
PUBLISHED: 2024 ID: SMRC25286
SHARE
SHARE

Retort Packaging

Retort Packaging Market Forecasts to 2030 - Global Analysis By Product Type (Cartons, Pouches, Trays and Other Packaging Types), Material, Closure Type, Distribution Channel, Application, End User and By Geography

4.5 (22 reviews)
4.5 (22 reviews)
Published: 2024 ID: SMRC25286

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Retort Packaging Market is accounted for $3.7 billion in 2023 and is expected to reach $6.3 billion by 2030 growing at a CAGR of 7.7% during the forecast period. Retort packaging refers to a type of packaging that is designed for the processing and packaging of food and beverages using a method called retort processing. Retort processing involves sealing food and beverages in a pouch or a similar container and then subjecting them to heat treatment. This heat treatment is typically done in a retort, which is a pressure cooker. The use of retort packaging has become widespread in the food industry due to its effectiveness in preserving the quality of products and providing convenience to consumers.

According to the Office for National Statistics (UK), in the first quarter of 2022, consumer spending on food and non-alcoholic drinks amounted to over GBP 29 billion (USD 35.26 billion).

Market Dynamics: 

Driver: 

Increasing demand for convenience food

The retort packaging market is experiencing a surge in demand driven by the growing preference for convenience foods. Consumers are increasingly drawn to ready-to-eat meals that offer quick and easy preparation. Retort packaging, known for its ability to preserve food and extend shelf life, has become a popular choice for manufacturers in meeting the rising demand for convenient, on-the-go food options. This trend is driven by changing lifestyles, busy schedules, and the desire for hassle-free meal solutions, contributing to the market's continued growth.

Restraint:

Environmental concerns

The production of retort pouches often involves multi-layered materials, combining plastic and aluminum, making recycling challenging. The disposal of such packaging contributes to environmental pollution and waste. The energy-intensive manufacturing process and transportation of these packages contribute to carbon emissions. Companies are exploring recyclable and biodegradable materials to mitigate the environmental impact, aligning with global efforts to address packaging-related ecological challenges. These are the factors hampering the growth of the market.

Opportunity:

Advancements in packaging technology

Innovations include the use of high-performance materials, such as metalized films and multilayer structures, to improve barrier properties. Smart packaging solutions with features like temperature indicators and QR codes for traceability are gaining popularity. Additionally, there's a growing emphasis on eco-friendly alternatives, such as recyclable and compostable materials, to address environmental concerns. These are the factors propelling the growth of the market.

Threat:

High Initial Costs

The market faces significant challenges due to high initial costs. The capital investment required for establishing retort packaging facilities, including specialized equipment and technology, often poses a barrier for entry. These initial expenditures can be substantial, impacting the overall cost structure of retort packaging solutions. The need for stringent quality control measures further contributes to the initial financial burden, making it crucial for businesses to strategically plan their investments in the retort packaging sector.

Covid-19 Impact: 

The COVID-19 pandemic has significantly influenced the retort packaging market. Increased demand for packaged and processed foods, driven by consumer preferences for longer shelf life and convenience, has boosted the retort packaging industry. However, supply chain disruptions, labor shortages, and fluctuations in raw material prices have posed challenges. Additionally, heightened hygiene concerns have accelerated the adoption of advanced retort packaging technologies.

The pouches segment is expected to be the largest during the forecast period

The pouches segment is expected to be the largest during the forecast period. Retort pouches offer advantages such as extended shelf life, lightweight design, and reduced environmental impact. The food and beverage industry particularly favors these pouches due to their ability to preserve flavor and nutritional value. As consumers increasingly seek on-the-go options, the pouches in retort packaging segment is expected to witness continued expansion, with innovations in materials and manufacturing processes enhancing its market presence.

The zippers segment is expected to have the highest CAGR during the forecast period

The zippers segment is expected to have the highest CAGR during the forecast period. This innovation enhances consumer experience by preserving freshness and ensuring ease of use. Retort packaging with zippers caters to the demand for on-the-go lifestyles, providing airtight seals post-opening. The market witnesses a growing preference for these user-friendly, heat-resistant closures, driving the evolution of packaging solutions to meet modern consumer expectations for both convenience and product integrity.

Region with largest share:

North America is projected to hold the largest market share during the forecast period. The market is characterized by advanced technologies ensuring food safety, extended shelf life, and easy storage. Increasing consumer preference for ready-to-eat meals and the expanding food industry contribute to the market's expansion. Key players focus on innovations in materials and designs, contributing to the region's dynamic retort packaging landscape, which is poised for sustained growth.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period. Rapid urbanization, changing lifestyles, and a rising preference for on-the-go meals are key factors fueling the market. The region's expanding food and beverage industry, coupled with technological advancements in packaging materials, further contributes to the market's momentum. With a focus on preserving product quality and extending shelf life, retort packaging solutions are gaining prominence, making the region a significant player in the market.

Key players in the market

Some of the key players in Retort Packaging market include Huhtamaki, Mondi, Sealed Air, Sonoco Products Company, Amcor plc, Berry Global Inc., Floeter India Retort Pouches (P) Ltd, Clifton Packaging Group Limited, Proampac LLC, Coveris, Constantia Flexibles, Tetra Pak, FLAIR Flexible Packaging Corporation, DNP America, LLC., WINPAK LTD. and Toyo Ink Group.

Key Developments:

In April 2023, Huhtamaki introduced three distinct and powerful sustainable solutions in mono-material flexible packaging. These ground-breaking inventions created new standards for the sector. In comparison to the complicated, multilayered materials they are meant to replace, they are intended to be recyclable and require fewer materials. Huhtamaki has created ground-breaking mono-material technology using its knowledge of science.

In June 2022, Toyo Ink Group expanded its laminating adhesives offering with food-safe formulations devoid of epoxy silanes and organic tin compounds. Both the solvent-based TOMOFLEXTM and the solvent-free ECOADTM family of laminating adhesives are part of the updated portfolio, and both are appropriate for a variety of applications for multilayer flexible packaging, including dry food, liquid pouches, and high-performance retorts.

Product Types Covered:
• Cartons
• Pouches
• Trays
• Other Packaging Types

Materials Covered:
• Paper Board
• Polypropylene
• Aluminum Foil
• Polyester
• Nylon
• Other Materials

Closure Types Covered:
• Screw Caps
• Aseptic Closures
• Zippers

Distribution Channels Covered:
• Retail Stores
• Online Retail

Applications Covered:
• Seafood
• Meat and Poultry
• Vegetables and Soups
• Other Applications

End Users Covered:
• Food
• Beverages
• Pharmaceuticals
• Personal Care
• Other End Users 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface        
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Product Analysis      
 3.7 Application Analysis     
 3.8 End User Analysis      
 3.9 Emerging Markets      
 3.10 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Retort Packaging Market, By Product Type    
 5.1 Introduction      
 5.2 Cartons       
 5.3 Pouches       
 5.4 Trays       
 5.5 Other Packaging Types     
         
6 Global Retort Packaging Market, By Material    
 6.1 Introduction      
 6.2 Paper Board      
 6.3 Polypropylene      
 6.4 Aluminum Foil      
 6.5 Polyester       
 6.6 Nylon       
 6.7 Other Materials      
         
7 Global Retort Packaging Market, By Closure Type    
 7.1 Introduction      
 7.2 Screw Caps      
 7.3 Aseptic Closures      
 7.4 Zippers       
         
8 Global Retort Packaging Market, By Distribution Channel    
 7.1 Introduction      
 7.2 Retail Stores      
 7.3 Online Retail      
         
9 Global Retort Packaging Market, By Application    
 8.1 Introduction      
 8.2 Seafood       
 8.3 Meat and Poultry      
 8.4 Vegetables and Soups     
 8.5 Other Applications      
         
10 Global Retort Packaging Market, By End User    
 9.1 Introduction      
 9.2 Food       
 9.3 Beverages      
 9.4 Pharmaceuticals      
 9.5 Personal Care      
 9.6 Other End Users      
         
10 Global Retort Packaging Market, By Geography    
 10.1 Introduction      
 10.2 North America      
  10.2.1 US      
  10.2.2 Canada      
  10.2.3 Mexico      
 10.3 Europe       
  10.3.1 Germany      
  10.3.2 UK      
  10.3.3 Italy      
  10.3.4 France      
  10.3.5 Spain      
  10.3.6 Rest of Europe     
 10.4 Asia Pacific      
  10.4.1 Japan      
  10.4.2 China      
  10.4.3 India      
  10.4.4 Australia      
  10.4.5 New Zealand     
  10.4.6 South Korea     
  10.4.7 Rest of Asia Pacific     
 10.5 South America      
  10.5.1 Argentina     
  10.5.2 Brazil      
  10.5.3 Chile      
  10.5.4 Rest of South America    
 10.6 Middle East & Africa     
  10.6.1 Saudi Arabia     
  10.6.2 UAE      
  10.6.3 Qatar      
  10.6.4 South Africa     
  10.6.5 Rest of Middle East & Africa    
         
11 Key Developments       
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 11.2 Acquisitions & Mergers     
 11.3 New Product Launch     
 11.4 Expansions      
 11.5 Other Key Strategies     
         
12 Company Profiling       
 12.1 Huhtamaki      
 12.2 Mondi       
 12.3 Sealed Air      
 12.4 Sonoco Products Company     
 12.5 Amcor plc      
 12.6 Berry Global Inc.      
 12.7 Floeter India Retort Pouches (P) Ltd    
 12.8 Clifton Packaging Group Limited    
 12.9 Proampac LLC      
 12.10 Coveris       
 12.11 Constantia Flexibles     
 12.12 Tetra Pak       
 12.12 FLAIR Flexible Packaging Corporation    
 12.14 DNP America, LLC.      
 12.15 WINPAK LTD.      
 12.16 Toyo Ink Group       
         
List of Tables        
1 Global Retort Packaging Market Outlook, By Region (2021-2030) ($MN)  
2 Global Retort Packaging Market Outlook, By Product Type (2021-2030) ($MN) 
3 Global Retort Packaging Market Outlook, By Cartons (2021-2030) ($MN)  
4 Global Retort Packaging Market Outlook, By Pouches (2021-2030) ($MN)  
5 Global Retort Packaging Market Outlook, By Trays (2021-2030) ($MN)  
6 Global Retort Packaging Market Outlook, By Other Packaging Types (2021-2030) ($MN)
7 Global Retort Packaging Market Outlook, By Material (2021-2030) ($MN)  
8 Global Retort Packaging Market Outlook, By Paper Board (2021-2030) ($MN) 
9 Global Retort Packaging Market Outlook, By Polypropylene (2021-2030) ($MN) 
10 Global Retort Packaging Market Outlook, By Aluminum Foil (2021-2030) ($MN) 
11 Global Retort Packaging Market Outlook, By Polyester (2021-2030) ($MN) 
12 Global Retort Packaging Market Outlook, By Nylon (2021-2030) ($MN)  
13 Global Retort Packaging Market Outlook, By Other Materials (2021-2030) ($MN) 
14 Global Retort Packaging Market Outlook, By Closure Type (2021-2030) ($MN) 
15 Global Retort Packaging Market Outlook, By Screw Caps (2021-2030) ($MN) 
16 Global Retort Packaging Market Outlook, By Aseptic Closures (2021-2030) ($MN) 
17 Global Retort Packaging Market Outlook, By Zippers (2021-2030) ($MN)  
18 Global Retort Packaging Market Outlook, By Distribution Channel  (2021-2030) ($MN)
19 Global Retort Packaging Market Outlook, By Retail Stores (2021-2030) ($MN) 
20 Global Retort Packaging Market Outlook, By Online Retail (2021-2030) ($MN) 
21 Global Retort Packaging Market Outlook, By Application (2021-2030) ($MN) 
22 Global Retort Packaging Market Outlook, By Seafood (2021-2030) ($MN)  
23 Global Retort Packaging Market Outlook, By Meat and Poultry (2021-2030) ($MN) 
24 Global Retort Packaging Market Outlook, By Vegetables and Soups (2021-2030) ($MN)
25 Global Retort Packaging Market Outlook, By Other Applications (2021-2030) ($MN) 
26 Global Retort Packaging Market Outlook, By End User (2021-2030) ($MN)  
27 Global Retort Packaging Market Outlook, By Food (2021-2030) ($MN)  
28 Global Retort Packaging Market Outlook, By Beverages (2021-2030) ($MN) 
29 Global Retort Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN) 
30 Global Retort Packaging Market Outlook, By Personal Care (2021-2030) ($MN) 
31 Global Retort Packaging Market Outlook, By Other End Users (2021-2030) ($MN) 
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials