Research and Markets: Retort Packaging Market by type (Pouches, Tray, and Cartons), by Material (Polyester, Polypropylene, Aluminum foil, and others), by End Use (Food, Beverage, and Others) – Global Forecast to 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/7dbkvj/retort_packaging) has announced the addition of the “Retort Packaging Market by type (Pouches, Tray, and Cartons), by Material (Polyester, Polypropylene, Aluminum foil, and others), by End Use (Food, Beverage, and Others) – Global Forecast to 2020” report to their offering.
The global retort packaging market is projected to reach USD 41.14 Billion by 2020, with a CAGR of 6.7% from 2015 to 2020.
Retort packaging is becoming popular in the frozen food and beverage market due to advantages such as the growing demand for compact and light weight packaging.
The demand for retort packaging is projected to grow at a CAGR of 6.7%, in terms of value, from 2015 to 2020. Growth in the flexible packaging market and rise in the demand for ready-made meals with extended shelf life are projected to be the major drivers of the retort packaging market. The growing demand for pet food and baby food products are is also one of the major drivers of the retort packaging market. Technological advancements as well as emergence of the Meal, Ready-to-Eat and lesser logistic cost are expected to have a positive impact on the growth of the retort packaging market.
The Asia-pacific region accounted for the highest share of the total market value, followed by Europe and North America due to changing lifestyle, increasing disposable income, extensive growth in population, and growth in the packaged food industry. The retort packaging market is well established in developed countries. The market in developing economies, such as China and India are estimated to grow at a higher rate from 2015 to 2020.
Pouches have gained popularity due to its advantages over cans, such as reduced logistics and freight cost, consumer convenience due to reclosable feature, and extended shelf-life. Pouches are widely used in end-use applications such as tuna, pet food, soups, rice, and meat.
Scope of the Report
Based on Type:
Based on Material:
– Aluminum foil
– Food-Grade Cast Polypropylene
Based on End-Use:
– Personal care
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Retort Packaging Market, By Type
8 Retort Packaging Market, By Material
9 Retort Packaging Market, By End Use
10 Retort Packaging Market, By Region
11 Competitive Landscape
12 Company Profiles
– Amcor Limited
– Astrapak Limited
– Bemis Company, Inc.
– Berry Plastics Corporation
– Clondalkin Industries BV
– Mondi Group
– Otsuka Holdings Co., Limited
– Sonoco Products Company
– Tredegar Corporation
For more information visit http://www.researchandmarkets.com/research/7dbkvj/retort_packaging
Research and Markets
Laura Wood, Senior Manager
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Sector: Food Packaging, Beverage Packaging, Plastic Packaging
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