Retort Pouches Market Size Worth USD 2.1 Billion by 2024 | CAGR 8.4%

According to the latest report by IMARC Group, the global retort pouches market size reached US$ 1.3 Billion in 2018. The market is anticipated to reach a value of US$ 2.1 Billion by 2024, growing at a CAGR of around 8.4% during 2019-2024. Retort pouches are a type of packaging solution widely utilized in the food and beverage, pharmaceutical and healthcare industries. They are laminated with multiple layers of metal foils and flexible plastic, which can withstand high temperature and intense pressure. They also contain lightweight polyethylene or PET films, which prevent air and moisture from entering and spoiling the contents. Since these pouches aid in preventing contamination or spillage of the content while extending its shelf-life, they are extensively used as a preferred packaging solution for foods, beverages, medicines and medical equipment.

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Global Retort Pouches Market Trends:

The significant increase in the sales of packaged food products is one of the key drivers of the market for retort pouches. Owing to various factors, such as rapid urbanization, busy schedules, shifting dietary preferences and inflating per capita income levels, there is an increasing inclination toward the consumption of on-the-go and ready-to-eat food products such as frozen seafood. Furthermore, single-serve and small-sized packaging are continually gaining popularity, owing to the associated advantages, including ease of handling, convenience, limited space consumption, and portion control. Also, retort pouches are emerging as a crucial tool for creating brand awareness among consumers.

Manufacturers and established brands are investing significantly to develop customizable labeling solutions with attractive designs, which also reflect the relevant product details. Add-on features including slider closures with end-clips and resealable zippers, along with increasing research and development (R&D) activities to improve the existing and incorporate new production methods, are further creating a positive outlook for the market.

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Retort Pouches Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Capacity
5.5 Market Breakup by Closure Type
5.6 Market Breakup by Material Type
5.7 Market Breakup by Application
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product Type
6.1 Stand-Up Pouches
6.2 Spouted Pouches
6.3 Zipper Pouches
6.4 Pillow Pack
6.5 3-Side Sealed
7 Market Breakup by Capacity
7.1 Low
7.2 Medium
7.3 High
8 Market Breakup by Closure Type
8.1 With Cap
8.2 Without Cap
9 Market Breakup by Material Type
9.1 Polypropylene
9.2 Aluminum Foil
9.3 Polyester
9.4 Nylon
9.5 Paper & Paperboard
9.6 Others
10 Market Breakup by Application
10.1 Food and Beverage
10.2 Healthcare
11 Market Breakup by Region
11.1 Europe
11.2 North America
11.3 Asia Pacific
11.4 Middle East and Africa
11.5 Latin America
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
13.1 Overview
13.2 Research and Development
13.3 Raw Material Procurement
13.4 Manufacturing
13.5 Marketing
13.6 Distribution
13.7 End-Use
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Price Indicators
15.2 Price Structure
15.3 Margin Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Otsuka Holdings Co. Ltd.
16.3.2 Berry Plastics Corporation
16.3.3 Mondi PLC
16.3.4 Amcor Limited
16.3.5 Sonoco Products Company
16.3.6 Astrapak Ltd
16.3.7 Coveris
16.3.8 Bemis Company, Inc.
16.3.9 Tredegar Corporation
16.3.10 Sealed Air Corporation
16.3.11 Huhtamaki Group
16.3.12 Clifton Packaging Group Ltd.
16.3.13 Foshan Nanhai LD Packaging Co., Ltd.
16.3.14 Constantia Flexibles International GmbH
16.3.15 ProAmpac
16.3.16 Alliedflex Technologies Ltd.
16.3.17 Flexi-Pack Ltd.

Also read: Global Disposable Paper Cups Market Growth Facilitates by on the go food culture @ https://www.marketwatch.com/press-release/global-disposable-paper-cups-market-growth-facilitated-by-on-the-go-food-culture-2020-01-28

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