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Global Retort Pouches Market: Drivers & Restraints
Retort pouches have gained momentum in demand of consumption of packed food in both developed and emerging economies owing to growth in urbanization, increase in disposable income, the rise in working-class population, etc. Also, Retort pouches are heat-resistant, and thus due to increased health awareness among the consumers, the demand of retort pouches for food packaging has grown over the years. Retort pouches can also be used for printing logos of various brand to increase the brand awareness with growth in the product sale. Retort pouches have applications in frozen food packaging, pet food packaging, organic food packaging, etc. However, dynamic changes in the cost of raw materials used in the production of pouches create ambiguity in the manufacture of retort pouches thus hindering the growth of global retort pouches market.
Global Retort Pouches Market: Segmentation Overview
The demand for retort pouches as a packaging solution in food and beverages industry has witnessed a significant growth in the recent past at both customer end as well as manufacturer end. Revenue contribution from the pouches made of transparent PET films, an environmentally packaging solution is expected to fuel the growth of the global retort pouches market to a significant extent during the forecast period.
Global Retort Pouches Market: Regional Overview
Geographically, the global retort pouches market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Asia-Pacific region especially the emerging economies such as China and India are expected to witness immense growth opportunities from the on growing food and beverages industry. Also, factors such as high demand for ready-to-eat food, rising disposable income, is expected to further propel the demand of the retort pouches in this region during the forecast period. North America and Europe region is a matured market for retort pouches and are thus expected to create substantial demand over the forecast period. As retort pouches are heat resistant in nature, they are in high demand in Middle-East and African region for packaging of food products. Overall, Global retort pouches market is expected to grow at a healthy CAGR over the forecast period.
Global Retort Pouches Market: Key Players
Some of the key players that operate in global retort pouches market are Ampac Holdings, LLC, Mondi Group, Amcor limited, Sealed Air, Bemis Company, Inc., Winpak Limited Company, Coveris Holdings S.A, Sonoco Products Company, Flair Flexible Packaging Corporation, Berry Plastic Group, Inc.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Retort Pouches Market: Segmentation
The global report pouches market is segmented on the basis of product type into:
- Stand-up Pouches
- Spouted Pouches
- Zipper Pouches
- Others
On the basis of material type, the global retort pouches market is segmented into:
- Polyethylene terephthalate (PET)
- Polyester
- Polypropylene
- Food-Grade Cast Polypropylene
- Nylon
- Other
On the basis of end-use, the global retort pouches market is segmented into:
- Food
- Pet food
- Baby food
- Sea food
- Ready-to-eat meals
- Soups & Sauces
- Others
- Beverages
- Pharmaceutical
- Personal care
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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