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The Asia Pacific retort pouches market is currently witnessing strong growth. Retort pouches are made using lightweight PET films to prevent air and moisture from spoiling the contents. These pouches are laminated with layers of metal foil and flexible plastic, which enables them to resist high temperatures and undergo intense pressure.
The Asia Pacific retort pouches market is primarily driven by hectic lifestyles on account of long working hours and the increasing working population across the region. Moreover, changing dietary patterns and rising western influences have escalated the demand for packaged and single serve food products. This, in turn, has positively influenced the demand for retort pouches in the region. Furthermore, various manufacturers are designing aesthetic and convenient labeling solutions that improve the overall shelf life of the product. Apart from this, the burgeoning e-commerce sector on account of rapid urbanization, boosting sales of smartphones and the increasing penetration of the internet is propelling the market growth. However, the market is adversely affected due to the ongoing coronavirus pandemic (COVID-19) and the imposition of lockdowns in numerous countries. The market is anticipated to witness growth once lockdown relaxations are introduced. Looking forward, the market is expected to continue its strong growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific retort pouches market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, capacity, closure type, material type and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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