Retort Pouch Packaging Market 2022 Competitive Insights - Amcor PLC, Constantia Flexibles, Coveris Holdings SA, Flair Flexible Packaging Corporation

The Retort Pouch 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 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.

The retort pouch packaging market was valued at USD 3.06 billion in 2020, and is projected to be worth USD 4.21 billion by 2026, is expected to grow at a CAGR of 5.61% during the forecast period from 2021 to 2026.

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Top Leading Companies of Retort Pouch Packaging Market are Amcor PLC, Constantia Flexibles, Coveris Holdings SA, Flair Flexible Packaging Corporation, Mondi PLC, Tetra Pak International SA, Sonoco Product Company, Clifton Packaging Group Limited?, Clondalkin Industries BV, Alpha Pack Pvt. Ltd, Proampac LLC, Winpak Limited and others.

Industry News and Updates

August 2020: ProAmpac a flexible packaging provider, and Bimbosan jointly produced its ProActive renewable pouch for the baby food market. This new pouch utilizes 65% bio-based resin in the sealant layer, which can reduce the carbon footprint across the environment.

- July 2020: As part of its forward -thinking innovation strategy, Coveris Holdings S.A. has opened the doors of its new Pack Innovation Centre in Halle, Germany. Supporting the customers to 'innovate', 'educate' and 'validate' the flexible packaging of the future, Coveris Pack Innovation Centre is positioned as a European hub for technical product development, sustainable innovation and education.

Key Market Trends

Asia Pacific is one of the Fastest Growing Region for this Market

- Asia-Pacific region is expected to be one of the prominent markets for retort pouches owing to the increasing demand for greater convenience in food, beverage, packaging solutions. Moreover, China's rapid economic development and an increase in the standard of living have created a significant demand for Retort Pouch packaging.

- Moreover, according to the Ministry of Industry and Information Technology, In 2019, the food industry in China generated operating revenue of about CNY 8.12 trillion. With increasing urbanization, changes in lifestyles, and growing annual disposable income, demand for processed food is expected to grow, which would lead to higher demand for Retort Pouch packaging.

- India has witnessed sustainable packaging growth owing to the increase of packaged food consumption and awareness, and demand for quality products. As per the data of the Packaging Industry Association of India (PIAI), the sector is growing at 22 -25% per annum.

Regional Outlook of Retort Pouch Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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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 a global and regional scale.

Analytical Tools: The Retort Pouch 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.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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