Retort Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2015 – 2023

A retort pouch is a kind of food packaging made from laminate of metal foils and flexible plastics. It enables sterile packaging for a wide variety of food and beverages that are processed by antiseptic methods. A retort pouch is used as an alternative to conventional industrial canning methods. Retort packaging is being used to pack foods ranging from water to heat-treated, high-calorific, fully cooked meals such as Meals Ready-to-Eat(MREs). Retort packaging can be used to pack food items that can be eaten cold, warmed using a flameless ration heater, or by submersing it in hot water. The concept of retort packaging was introduced in 1992 by the U.S. military. Currently, it is used in space foods, field rations, and camping. The retort packaging market can be classified based on type into pouches, cartoons, and trays. Furthermore, based on materials, the market is segmented into polyester, aluminum foil, polypropylene, nylon, paper board; food grade cast polypropylene, and others. End-use of retort packaging is in industries such as food & beverage, healthcare, and personal care. Human food applications and wet pet food together account for over half of the total end-use for retort packing.

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Pouches have various advantages such as consumer convenience due to reusable feature, reduced freight cost and logistics, extended shelf life, compact shape, and lightweight nature compared to cans. Rising demand for baby food and pet food products is also primarily driving the retort packaging market. Increase in retort packaging can be attributed to changing preferences toward more convenient packaging, increasing urbanization, and high disposable income of consumers in developing countries. Factors such as high capital investment and poor sealing quality, which affects the quality of packed items, are posing key challenge for growth of the retort packaging market. Technological advancements are being used to find out solutions to poor sealing of packaged foods, thereby increasing food preservation.

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Asia Pacific is projected to be the fastest-growing market for retort packaging during the forecast period due to growing personal and healthcare industries and increasing demand for convenience food. The retort packaging market in Europe is expanding due to augmentation in the pet food market in the last few years. North America is catching up due to increase in MRE’s and baby products. The retort packaging market is well-established in developed economies and is growing at a rapid pace in developing economies such as China and India. Rise in pet food in Russia and Poland is particularly fast. Hence, the emerging markets of Eastern Europe such as Germany and Russia would outperform the markets in Western Europe during the next few years. Demand for retort packaging in Europe is expected to increase at least two times faster as against growth of the global flexible packaging market in the near future.

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The retort packaging market is dominated by key manufacturers such as Otsuka Holdings Company Limited, Amcor Limited, Bemis Company Inc., Berry Plastics Corporation, Coveris, Mondi Group, Sonoco, Clondalk in Group Holdings BV, Astrapak Limited, and Tredegar Corporation. These companies manufacture advanced retort packaging products and have gained considerable experience and expertise in the past few years to optimize their practices and processes in order to become more efficient. Key manufacturers rely on local and regional distributors to expand their geographical presence as well as market share. Mergers and acquisitions have helped companies form a larger company and expand customer base in key markets. Key product manufacturers in the retort packaging market are concentrating on emerging countries such as China and India that are projected to offer potential for industrial development during the forecast period.

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