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Retort Packaging Global Market 2023 - Revenue, Growth Analysis, Major Players And Outlook By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Retort Packaging market report by The Business Research Company, an increase in demand for ready-to-eat or ready meals across the globe is contributing to the growth of the retort packaging market. For instance, according to a survey done by the Associated Chamber of Commerce and Industry of India (Assocham) in January 2020, nearly 79% of Indian households prefer to have instant food due to time constraints.
The global retort packaging market size grew from $3.89 billion in 2022 to $4.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The retort packaging market size is expected to grow to $5.16 billion in 2027 at a CAGR of 5.9%.
Read More On The Retort Packaging Market Report Here:
https://www.thebusinessresearchcompany.com/report/retort-packaging-global-market-report
Major competitors in the Retort Packaging market include Amcor, Coveris, Sonoco, Mondi group, Berry Global (RPC Astrapak), Clondlakin, Tredegar, Flair Flexible Packaging Corporation, Proampac, Huhtamäki Oyj, Clifton Packaging, Winpak, Ostuka Holdings, HPM Global, Avonflex, ALLIEDFLEX, Constantia Flexibles, Tetra Pak, Techni-Pak, Lithotype, Fujimori Kogyo, Pyramid Packaging, DNP America, Printpack, and Paharpur 3P.
The Retort Packaging market is segmented -
• By Product Type: Pouches, Trays, Cartons, Other Product Types
• By Material: PET, Polypropylene, Aluminum foil, Polyethylene, Polyamide, Paperboard, Other Materials
• By End-Use: Food, Beverages, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Retort Packaging market.
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Retort packaging refers to a type of packaging made from flexible plastic and metal foils and used to pack cooked or semi-cooked food, sealed and subsequently sterilized to create food packages that have an extended shelf life with no preservatives and refrigeration. The main types of retort packaging are pouches, trays, cartons, others.
The Table Of Content For The Retort Packaging Market Include:
1. Executive Summary
2. Retort Packaging Market Characteristics
3. Retort Packaging Market Trends And Strategies
4. Retort Packaging Market - Macro Economic Scenario
5. Retort Packaging Market Size And Growth
6. Retort Packaging Market Segmentation
.............
26. Africa Retort Packaging Market
27. Retort Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Retort Packaging Market
29. Retort Packaging Market Future Outlook and Potential Analysis
30. Appendix
The "Global Retort Packaging Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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