[190 Pages Report] The global retort packaging market size is projected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.18% from 2020 to 2025. The demand for retort packaging can be attributed to the high growth and increase in demand for ready to eat or ready meals across the globe. Factors such as busy work life, growing single households, and increasing spending power have boosted the market of readymade food hence driving the market of retort packaging.

For a World leader in Food Packaging, we helped the client plan their global pricing strategy, with a projected revenue of USD 40 million in next 3 years Client�s Problem Statement Our client, a global leader in food packaging, was keen to understand the pricing strategies that they should adapt for retort packaging to compete with retort cans, pouches, and glass jars in the market. They wanted to understand how the prices would differ country wise and application wise. The senior management needed to understand the key parameters the customers consider for making the purchase decision (examples being credit period, customizing capacity, prices, quality etc.) MnM Approach We identified the key applications in the specified countries (Germany, UK, Spain, Russia, Italy, US, Brazil, Japan and Thailand) and provided information on the prices paid for retort packaging by the food fillers. We also provided the price changes observed over previous years. This helped the client plan their sales and marketing strategies in each country. With this study, the client was able to strategize their pricing to be competitive in the market considering both medium and large fillers. Revenue Impact (RI) Our findings helped the client plan their global pricing strategy, with a projected revenue of USD 40 million in the next 3 years. Consult our Analyst now

In terms of value and volume, the pouches segment is projected to lead the retort packaging market from 2020 to 2025.

Based on type, the pouches segment is projected to be the largest market for retort packaging. The dominant market position of the pouches can be attributed to its durability. The growth of this segment is attributed to its increasing demand from food and beverage industry for the packing of their products. Properties of retort pouches such as lightweight, less spacing consuming more shelf life makes it a suitable alternative to tin cans.

In terms of value and volume, the food end-use segment of the retorts packaging market is projected to be the largest market.

Food includes ready to eat meals, meat poultry & seafood, pet food, baby food, soups & sauces, and others. It is a significant contributor to the growth of retort packaging. Retort packaging has revolutionized the food industry. It has contributed to the development of food supply channels that have helped in making seasonal foods available all year. Due to changing demographics, consumers are looking for more convenient ways to eat their food without much of a hassle.

In terms of both value as well as volume, the APAC region is estimated to account for the highest share in the global retort packaging market during the forecast period.

In terms of value, the APAC region is projected to lead the global market from 2020 to 2025 due to the strong demand from countries such as China, Australia, South Korea, and Japan. The region has more half of the world�s population and there has been an increase in the demand for convenient products due to hectic work life and increasing per capita income. Consumers in the region are looking for ready meal products that can be consumed without much work; hence the demand for retort packages is growing in the region.

Key Market Players

Key players, such as Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Coveris (US) Mondi Group (South Africa), and Huhtamaki Oyj (Finland) have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the retort packaging market.

Amcor, formerly known as APM-Australian Paper Manufacturers, is a global packaging manufacturer that offers innovative packaging solutions to the customers. Amcor designs highly versatile packaging solutions that are innovative, available with a one-way integrated valve, and offer ease of disposal. Innovation, excellence in manufacturing, and a broad range of technologies are the key strengths of the company. The company is one of the key leaders in the retort packaging market; faces intense competition from the global as well as the regional players.

Scope of the Report

Report Metric Details Market size available for years 2018�2025 Base year considered 2019 Forecast period 2020�2025 Forecast units Value (USD) and Volume (Million Unit) Segments covered Type, Material, End-Use, and Region Geographies covered North America, Asia Pacific, Europe, South America, and the Middle East & Africa Companies covered Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group (South Africa), Otsuka Holdings Co. Ltd (Japan), Tredegar Corporation (US), Coveris (Austria), Clondalkin (Netherlands), Sealed Air Corporation (US) are the top 10 manufacturers are covered in the retort packaging market.

This research report categorizes the cosmetic packaging market based on type, material, application, and region.

Cosmetic Packaging Market, By Type

Pouches

Trays

Cartons

Others (metal cans, plastic and glass bottles)

Cosmetic Packaging Market, By Material

PET

Polypropylene

Aluminum foil

Polyethylene

Polyamide

Paperboard

Others (EVOH, EVA, PVdC)

Cosmetic Packaging Market, By End-use

Food

Beverages

Others (pharmaceutical and personal care products)

Cosmetic Packaging Market, By Region

North America

Europe

Asia Pacific

South America

Key Questions Addressed by the Report:

What are the global trends in the retort packaging market? Would the market witnessed an increase or decline in the demand in the coming years?

What is the estimated demand for different types of retort packaging?

Where will the strategic developments take the industry in the mid to long-term?

What are the upcoming industry applications and trends for retort packaging?

Who are the major players in the retort packaging market globally?

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