The Retort Packaging Market size was USD 3.67 billion in 2023 and is expected to Reach USD 5.49 billion by 2031 and grow at a CAGR of 5.04% over the forecast period of 2024-2031.
The retort packaging market has experienced significant growth and development in recent years. Retort packaging can withstand high temperatures and pressures, making it suitable for sterilizing and preserving organic food and beverages. This form of packaging is gaining in popularity as it can extend product shelf life while maintaining nutritional value and taste.
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One of the main drivers behind the growth of the retort packaging market is the increasing demand for convenient, ready-to-eat food. With changing lifestyles and busy schedules, consumers are demanding quick and easy meal solutions that don't compromise on quality. Retort packaging has the advantage of long shelf life without the need for refrigeration and is preferred for a variety of food products such as soups, sauces, instant meals and pet foods.
The growing awareness of food safety and hygiene has also contributed to the introduction of retort packaging. The sterilization process used in retort packaging ensures that the product is free of harmful bacteria and microorganisms, reducing the risk of foodborne illness. This aspect has become especially important following various food contamination incidents, making safe packaging solutions a priority for manufacturers and consumers.
Additionally, the retort packaging market has seen advances in materials and technology, resulting in improved product performance and sustainability. Innovations such as the use of high-barrier films and lightweight materials have made retort packaging more durable and flexible while reducing its environmental impact. This eliminated concerns about packaging waste and contributed to the growth of the overall market.
In summary, the retort packaging market is experiencing significant growth due to increasing demand for convenience, food safety testing and sustainability. As consumers continue to seek efficient and flexible packaging solutions, the industry will see further advances in technology and materials, opening up new opportunities for manufacturers and contributing to the expansion of the overall market.
KEY DRIVERS:
Increasing Demand for preservative-free products
Retort shall be performed if the non-sterilized products are hermetically sealed, meaning their packaging is not sterile Packaging shall be loaded into a retort vessel, and subjected to pressurized steam. For a much longer period of time than the heated filling, the product is also subject to temperature extremes. The quality of the product as well as its nutritional content may be significantly affected by this additional time.
Demand for retort packaging has increased as a result of rising demand for products that do not contain preservatives.
In order to prevent food waste, the demand for intelligent packaging is growing.
RESTRAIN:
A high cost for research and development activities.
The availability of alternatives in the market
OPPORTUNITY:
Ban on single-use plastic packaging products in the global market is an opportunity for the growth of retort packaging
The government has taken firm steps to ban single-use plastics and non-biodegradable packaging goods in the market with increasing environmental concerns in a number of regions. It is because plastics are more difficult to decompose and they pose a risk to marine life as well as land animals.
The use of different types of packaging for different applications leads to waste generation and is extremely harmful to the environment. Plastic packaging is used to package consumer goods, creating non-biodegradable plastic packaging waste, releasing harmful gases into the soil, and posing a hazard to animals and groundwater. Therefore, steps have been taken to ban the packaging of plastic bags as harmful to the environment.
Continuous innovation in the market for retort packaging.
CHALLENGES:
There may be limited recycling infrastructure for retort packaging, which could lead to problems with waste management and the environment.
Russia and Ukraine are major players in the global packaging industry, and any disruption to production or transportation capacity could lead to shortages or delays in obtaining critical materials and equipment needed to manufacture retort pouches. Major companies are suffering from a loss of 13% in overall business due to less demand and increased prices of raw materials. Plastic polymers prices rose by 15 % due to an increase in crude oil prices. Production costs rose by 7 % due to an increase in energy prices in the European region.
Asia Pacific region suffered significant losses due to trade disruptions and an increase in raw material prices. However, losses were 3% less as compared to the European region which was majorly impacted by the war.
In recessions, consumer spending tends to decline as people become more cautious about their finances. This could reduce demand for packaged food and beverages, including retort products. According to a report by Packaging Forum, food and beverage may suffer losses of an average of 10-12% during the recession. This may affect the retort packaging market since the food and beverage sector accounts for the largest market share in the retort packaging end-user segment.
New innovation and research will be postponed or stopped during the recession period, this will be done to avoid capital expenditure during the recession. On an average businesses spend 5-10 % on research and development to develop new products. Due to less investment in research, no new product will be launched in the market which can generate more demand.
By Raw Material
PET
Aluminium Foil
Polypropylene
Polyester
Others
By Packaging Type
Cartons
Pouches
Trays
Others
Based on Packaging Type, Pouches hold the largest market. This is because of its durability. The need of pouches in food and beverage industry has also given the growth to the pouches segment. Retort pouches hold various properties such as they are lightweight, and also consume less space due to which they can also replace tin cans.
By Application
Food & Beverages
Pharmaceuticals
Others
Based on the Application, Food, and Beverages segment accounts for the largest market share. This segment has given growth for the retort packaging. Retort packaging has developed the food industry in such a way that any seasonal food product can be made available all year.
From a regional perspective, the Asia-Pacific region has emerged as an important market for retort packaging, owing to the rapid expansion of the food and beverage industries such as China, India, and Japan. Population growth, urbanization and changing consumption habits in the region create a favorable environment for the introduction of retort packaging solutions.
However, North America and Europe are also gaining significant market share due to the demand for prepared foods and the presence of established food processing companies.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The Major Players are Sonoco Products Company, Amcor PLC, Clondalkin Group, ProAmpac, Mondi, Sealed Air Corporation, Coveris Group, Constantia Flexibles, Winpak Limited, Clifton Packaging Group Limited and other players.
Toppan expands its all-PP GL line of Barriers with retortible packaging and introduces PE barrier packaging for boiling sterilization.
ProAmpac, Launches High-Performance Retort Pouches Made with Post-Consumer Recycled Material.
| Report Attributes | Details |
| Market Size in 2023 | US$ 3.67 Bn |
| Market Size by 2031 | US$ 5.49 Bn |
| CAGR | CAGR of 5.04% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Material (PET, Paper & Paperboards, Aluminium Foil, Polypropylene, Polyester, Others) • By Packaging Type (Cartons, Pouches, Trays, Others) • By Application (Food & Beverages, Pharmaceuticals, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Sonoco Products Company, Amcor PLC, Clondalkin Group, ProAmpac, Mondi, Sealed Air Corporation, Coveris Group, Constantia Flexibles, Winpak Limited, Clifton Packaging Group Limited |
| Key Drivers | • Increasing Demand for preservative-free products • In order to prevent food waste, the demand for intelligent packaging is growing. |
| Market Restraints | • A high cost for research and development activities. • The availability of alternatives in the market |
Ans: The Retort Packaging Market is expected to grow at a CAGR of 4.9 %.
Ans: The Retort Packaging Market size was USD 3.52 billion in 2022 and is expected to Reach USD 5.16 billion by 2030.
Ans: Increasing Consumers Demand for preservative-free products is driving the market.
Ans: Yes, You can ask for the customization as pas per your business requirement.
Ans: Yes, You can buy reports in bulk quantity as per your requirements. Check Here for more details.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Retort Packaging Market Segmentation, By Raw Material
8.1 PET
8.2 Paper & Paperboards
8.3 Aluminium Foil
8.4 Polypropylene
8.5 Polyester
8.6 Others
9. Retort Packaging Market Segmentation, By Packaging Type
9.1 Cartons
9.2 Pouches
9.3 Trays
9.4 Others
10. Retort Packaging Market Segmentation, By Application
10.1 Food & Beverages
10.2 Pharmaceuticals
10.3 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Retort Packaging Market by Country
11.2.2North America Retort Packaging Market by Raw Material
11.2.3 North America Retort Packaging Market by Packaging Type
11.2.4 North America Retort Packaging Market by Application
11.2.5 USA
11.2.5.1 USA Retort Packaging Market by Raw Material
11.2.5.2 USA Retort Packaging Market by Packaging Type
11.2.5.3 USA Retort Packaging Market by Application
11.2.6 Canada
11.2.6.1 Canada Retort Packaging Market by Raw Material
11.2.6.2 Canada Retort Packaging Market by Packaging Type
11.2.6.3 Canada Retort Packaging Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Retort Packaging Market by Raw Material
11.2.7.2 Mexico Retort Packaging Market by Packaging Type
11.2.7.3 Mexico Retort Packaging Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Retort Packaging Market by Country
11.3.1.2 Eastern Europe Retort Packaging Market by Raw Material
11.3.1.3 Eastern Europe Retort Packaging Market by Packaging Type
11.3.1.4 Eastern Europe Retort Packaging Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Retort Packaging Market by Raw Material
11.3.1.5.2 Poland Retort Packaging Market by Packaging Type
11.3.1.5.3 Poland Retort Packaging Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Retort Packaging Market by Raw Material
11.3.1.6.2 Romania Retort Packaging Market by Packaging Type
11.3.1.6.4 Romania Retort Packaging Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Retort Packaging Market by Raw Material
11.3.1.7.2 Turkey Retort Packaging Market by Packaging Type
11.3.1.7.3 Turkey Retort Packaging Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Retort Packaging Market by Raw Material
11.3.1.8.2 Rest of Eastern Europe Retort Packaging Market by Packaging Type
11.3.1.8.3 Rest of Eastern Europe Retort Packaging Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Retort Packaging Market by Country
11.3.2.2 Western Europe Retort Packaging Market by Raw Material
11.3.2.3 Western Europe Retort Packaging Market by Packaging Type
11.3.2.4 Western Europe Retort Packaging Market by Application
11.3.2.5 Germany
11.3.2.5.1 Germany Retort Packaging Market by Raw Material
11.3.2.5.2 Germany Retort Packaging Market by Packaging Type
11.3.2.5.3 Germany Retort Packaging Market by Application
11.3.2.6 France
11.3.2.6.1 France Retort Packaging Market by Raw Material
11.3.2.6.2 France Retort Packaging Market by Packaging Type
11.3.2.6.3 France Retort Packaging Market by Application
11.3.2.7 UK
11.3.2.7.1 UK Retort Packaging Market by Raw Material
11.3.2.7.2 UK Retort Packaging Market by Packaging Type
11.3.2.7.3 UK Retort Packaging Market by Application
11.3.2.8 Italy
11.3.2.8.1 Italy Retort Packaging Market by Raw Material
11.3.2.8.2 Italy Retort Packaging Market by Packaging Type
11.3.2.8.3 Italy Retort Packaging Market by Application
11.3.2.9 Spain
11.3.2.9.1 Spain Retort Packaging Market by Raw Material
11.3.2.9.2 Spain Retort Packaging Market by Packaging Type
11.3.2.9.3 Spain Retort Packaging Market by Application
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Retort Packaging Market by Raw Material
11.3.2.10.2 Netherlands Retort Packaging Market by Packaging Type
11.3.2.10.3 Netherlands Retort Packaging Market by Application
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Retort Packaging Market by Raw Material
11.3.2.11.2 Switzerland Retort Packaging Market by Packaging Type
11.3.2.11.3 Switzerland Retort Packaging Market by Application
11.3.2.1.12 Austria
11.3.2.12.1 Austria Retort Packaging Market by Raw Material
11.3.2.12.2 Austria Retort Packaging Market by Packaging Type
11.3.2.12.3 Austria Retort Packaging Market by Application
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Retort Packaging Market by Raw Material
11.3.2.13.2 Rest of Western Europe Retort Packaging Market by Packaging Type
11.3.2.13.3 Rest of Western Europe Retort Packaging Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Retort Packaging Market by country
11.4.2 Asia-Pacific Retort Packaging Market by Raw Material
11.4.3 Asia-Pacific Retort Packaging Market by Packaging Type
11.4.4 Asia-Pacific Retort Packaging Market by Application
11.4.5 China
11.4.5.1 China Retort Packaging Market by Raw Material
11.4.5.2 China Retort Packaging Market by Packaging Type
11.4.5.3 China Retort Packaging Market by Application
11.4.6 India
11.4.6.1 India Retort Packaging Market by Raw Material
11.4.6.2 India Retort Packaging Market by Packaging Type
11.4.6.3 India Retort Packaging Market by Application
11.4.7 Japan
11.4.7.1 Japan Retort Packaging Market by Raw Material
11.4.7.2 Japan Retort Packaging Market by Packaging Type
11.4.7.3 Japan Retort Packaging Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Retort Packaging Market by Raw Material
11.4.8.2 South Korea Retort Packaging Market by Packaging Type
11.4.8.3 South Korea Retort Packaging Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Retort Packaging Market by Raw Material
11.4.9.2 Vietnam Retort Packaging Market by Packaging Type
11.4.9.3 Vietnam Retort Packaging Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Retort Packaging Market by Raw Material
11.4.10.2 Singapore Retort Packaging Market by Packaging Type
11.4.10.3 Singapore Retort Packaging Market by Application
11.4.11 Australia
11.4.11.1 Australia Retort Packaging Market by Raw Material
11.4.11.2 Australia Retort Packaging Market by Packaging Type
11.4.11.3 Australia Retort Packaging Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Retort Packaging Market by Raw Material
11.4.12.2 Rest of Asia-Pacific Retort Packaging Market by Packaging Type
11.4.12.3 Rest of Asia-Pacific Retort Packaging Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Retort Packaging Market by Country
11.5.1.2 Middle East Retort Packaging Market by Raw Material
11.5.1.3 Middle East Retort Packaging Market by Packaging Type
11.5.1.4 Middle East Retort Packaging Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Retort Packaging Market by Raw Material
11.5.1.5.2 UAE Retort Packaging Market by Packaging Type
11.5.1.5.3 UAE Retort Packaging Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Retort Packaging Market by Raw Material
11.5.1.6.2 Egypt Retort Packaging Market by Packaging Type
11.5.1.6.3 Egypt Retort Packaging Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Retort Packaging Market by Raw Material
11.5.1.7.2 Saudi Arabia Retort Packaging Market by Packaging Type
11.5.1.7.3 Saudi Arabia Retort Packaging Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Retort Packaging Market by Raw Material
11.5.1.8.2 Qatar Retort Packaging Market by Packaging Type
11.5.1.8.3 Qatar Retort Packaging Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Retort Packaging Market by Raw Material
11.5.1.9.2 Rest of Middle East Retort Packaging Market by Packaging Type
11.5.1.9.3 Rest of Middle East Retort Packaging Market by Application
11.5.2 Africa
11.5.2.1 Africa Retort Packaging Market Market by Country
11.5.2.2 Africa Retort Packaging Market by Raw Material
11.5.2.3 Africa Retort Packaging Market by Packaging Type
11.5.2.4 Africa Retort Packaging Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Retort Packaging Market by Raw Material
11.5.2.5.2 Nigeria Retort Packaging Market by Packaging Type
11.5.2.5.3 Nigeria Retort Packaging Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Retort Packaging Market by Raw Material
11.5.2.6.2 South Africa Retort Packaging Market by Packaging Type
11.5.2.6.3 South Africa Retort Packaging Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Retort Packaging Market by Raw Material
11.5.2.7.2 Rest of Africa Retort Packaging Market by Packaging Type
11.5.2.7.3 Rest of Africa Retort Packaging Market by Application
11.6 Latin America
11.6.1 Latin America Retort Packaging Market by Country
11.6.2 Latin America Retort Packaging Market by Raw Material
11.6.3 Latin America Retort Packaging Market by Packaging Type
11.6.4 Latin America Retort Packaging Market by Application
11.6.5 Brazil
11.6.5.1 Brazil America Retort Packaging by Raw Material
11.6.5.2 Brazil America Retort Packaging by Packaging Type
11.6.5.3 Brazil America Retort Packaging by Application
11.6.6 Argentina
11.6.6.1 Argentina America Retort Packaging by Raw Material
11.6.6.2 Argentina America Retort Packaging by Packaging Type
11.6.6.3 Argentina America Retort Packaging by Application
11.6.7 Colombia
11.6.7.1 Colombia America Retort Packaging by Raw Material
11.6.7.2 Colombia America Retort Packaging by Packaging Type
11.6.7.3 Colombia America Retort Packaging by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Retort Packaging by Raw Material
11.6.8.2 Rest of Latin America Retort Packaging by Packaging Type
11.6.8.3 Rest of Latin America Retort Packaging by Application
12 Company profile
12.1 Sonoco Products Company
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Amcor PLC
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Clondalkin Group
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 ProAmpac
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Mondi
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Sealed Air Corporation
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Coveris Group
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Constantia Flexibles
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Winpak Limited
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Clifton Packaging Group Limited
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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