The Retort Packaging Global Market Report 2023, provides comprehensive information on the retort packaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Retort Packaging Global Market Report 2023, the 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 market size of global retort packaging is expected to grow to $5.16 billion in 2027 at a CAGR of 5.9%.
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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 retort packaging market is segmented:
1) By Product Type: Pouches, Trays, Cartons, Other Product Types
2) By Material: PET, Polypropylene, Aluminum foil, Polyethylene, Polyamide, Paperboard, Other Materials
3) By End-Use: Food, Beverages, Other End-Users
Asia-Pacific was the largest region in the retort packaging market in 2022.
The table of contents in TBRC’s retort packaging market report includes:
- Executive Summary
- Retort Packaging Market Characteristics
- Retort Packaging Market Trends And Strategies
- Retort Packaging Market – Macro Economic Scenario
- Retort Packaging Market Size And Growth
…..
- Africa Retort Packaging Market
- Retort Packaging Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Retort Packaging Market
- Retort Packaging Market Future Outlook and Potential Analysis
- Appendix
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