Retort Packaging Market Latest Advancements, Trends and Huge Business Opportunities 2021 to 2027 | Amcor, Ltd, Constantia Flexibles, Clifton Packaging Group Limited, Clondalkin Industries BV, Coveris Holdings SA, Flair Flexible Packaging Corporation, Mond

The Retort Packaging Market 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 an 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 and analyzes the post-COVID-19 (Corona Virus) impact on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

The retort packaging market was valued at USD 38.785billion in 2019and is expected to register a CAGR of 7.11% over the forecast period (2020-2025). The thermal sterilization of low-acid food products has been a prevalent means of preserving food and is the basis of the evolution of retort packaging. The ease and adaptability of the retort packaging technology resulted in rapid growth of the market.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Retort Packaging Market: Amcor, Ltd, Constantia Flexibles, Clifton Packaging Group Limited, Clondalkin Industries BV, Coveris Holdings SA, Flair Flexible Packaging Corporation, Mondi PLC, Tetra Pak International S.A, Proampac, Sonoco Product Company, Winpak Ltd, Sealed Air Corp., among others. 

Amcor develops world-first recyclable retort flexible packaging

September 29, 2020: Zurich, Switzerland – Amcor, a global leader in packaging, today announced the world's first recyclable flexible retort pouch. The technical breakthrough, which many considered impossible, follows years of dedicated research and investment. The product, which uses Amcor's AmLite HeatFlex Recyclable solution, has the potential to be used in a variety of retort applications where products with a long shelf life require high-barrier, high-heat resistant packaging.

Creating a recyclable version was considered such a difficult challenge because it added another requirement to packaging already satisfying very high functional needs: withstanding heat-sterilization, blocking oxygen and bacteria, keeping food safe without refrigeration and ensuring a long shelf life. Flexible retort packaging, a modern alternative to metal cans, can improve the carbon footprint of hundreds of consumer products thanks to its light weight, resource efficiency, ease of transportation and minimization of food waste. The new pouch has been independently tested by cyclos-HTP and confirmed to be recyclable. Today, it fits collection systems in Germany, Austria, Italy, Norway and the Netherlands, and the list of countries is expected to grow, with projects underway in more nations to expand their plastics recycling streams.

Recyclable Retort Pouch for Pet Food Now Available

October 7, 2020: Amcor, a global leader in packaging, collaborated with Nestlé to launch the world’s first recyclable flexible retort pouch. The new high-barrier pouch, using Amcor’s AmLite HeatFlex Recyclable solution, will first appear in stores in the Netherlands this month. Amcor and Nestlé partnered to overcome one of the largest challenges facing the industry – the inability to recycle retort flexible packaging – and have achieved a technical breakthrough which underscores both companies’ long-term commitment to more sustainable packaging solutions. The partners collaborated during the product development process, testing for heat resistance, machine performance, shelf-life and recyclability in the real world.

Flexible retort packaging is a modern alternative to metal cans, and it can improve the carbon footprint of hundreds of consumer products thanks to its light weight, resource efficiency, ease of transportation and by minimizing food waste. Adding recyclability to its list of properties will further improve the environmental footprint of this packaging solution, which has a reduced carbon footprint of up to 60%.

Key Market Trends

Convenience is a major differentiating factor in packaging solutions. Recent innovations in retort packaging have emphasized reducing the overall weight of the materials, without compromising the packaging quality. This emphasis on weight reduction has received wide appreciation and is expected to be extensively adopted by the industry. The drastic rise in the number of packaged food products occupying shelf-space in the market, which has boosted the demand for packaged food products, further.

The consumer goods companies are increasingly depending on packaging solutions, to gain a competitive edge in the market. Consumers are demanding products that have extended shelf life and are easy to use, which, in turn, is driving the companies to develop alternative packaging solutions

Retort pouches combine the advantages of the metal can with the frozen boil-in-the-bag. They consist a thin profile of the pouch or container that provides rapid heat transfer for both preparation and for sterilization during processing.

Pouches to hold Major Share

Owing to various advantages such as high shelf life equal to metal containers, resistance to corrosion, customizable size, etc. compared to the other available alternates, pouches are one of the most widely used packaging methods. The manufacture of pouches is easier compared to other forms of packaging. The rapid transfer of heat, aids in the preparation and sterilization during packaging. The thin profile of the pouch contributes to about 30%-40% reduction of processing times; these factors have further aided in the growth of pouches for retort packaging.

Governments of countries, like India, have been keen on producing vegetables and other ready-to-eat food in pouches to avoid contamination of the products. This also enables the availability of such foods off the shelf. These pouches also can be vacuum packed, which can be used for products, like smoked seafood. Due to the development of on-the-go food consumption, the size of consumption has been decreasing, which has further provided a boost for pouches. There has been a shift toward flexible packaging compared to rigid packaging, which further enables the growth of pouches.

The rise in the middle-aged population globally is stimulating the growth of packaged food. In many developing countries, the average rate of annual spending on packaged food has increased by more than 20% annually.

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Geographic Trends

The United States accounts for more than 20% of the global food retail industry, with an estimated market size of more than USD 1,000 billion. The retail food industry is witnessing growth, owing to the growing demand for packaged food products. Further growth has been forecasted for the market, because of the rise in investments in the healthcare industry, for flexible and retort packaging solutions. The major industry players increasing focus on the lucrative market opportunities has resulted in major revenue-generating opportunities in the region. Being home to some of the biggest retail stores and highly-informed customers, makes North America, a very favorable destination for investments in the retort packaging market.

Competitive Landscape

The retort packaging market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with innovative and sustainable packaging, many of the companies are increasing their market presence by securing new contracts and by tapping new markets. For instance, in May 2018 Packaging companies Amcor and SIG partnered for Aluminum sourcing. The collaboration aims to ensure supply chain of aluminum foil meets Aluminium Stewardship Initiative (ASI). In Feb 2018, Constantia Flexibles is investing a double-digit million euro (INR 100 crore) amount in the expansion of production capacity at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat. The extra capacity is expected to come on stream in 2019 and serve the growing demand from leading multinationals in the food and home and personal care (HPC) industries in India.

Influence Of The Retort Packaging Market Report:

-Comprehensive assessment of all opportunities and risk in the Retort Packaging market.

- Retort Packaging market recent innovations and major events.

-A detailed study of business strategies for growth of the Retort Packaging market-leading players.

-Conclusive study about the growth plot of Retort Packaging market for forthcoming years.

-In-depth understanding of Retort Packaging market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Retort Packaging market.

The report has 150 tables and figures browse the report description and TOC:

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.

Analytical Tools: The Retort Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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