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According to the estimates by IMARC Group, the global retort pouches market is expected to exhibit a CAGR of 8.53% during 2022-2027.
The rising utilization of retort pouches for packaged and single-serve food products based on ease of handling, convenience, limited space consumption, and portion control, represents one of the key drivers for the global retort pouches market.
The increasing adoption of retort pouch packaging by several companies for creating brand awareness and customizable labeling with attractive designs, represents one of the key trends in the global retort pouches market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous food processing and packaging units, thereby hampered the demand for retort pouches in the food and beverages sector. However, in the post-pandemic state, the demand for retort pouches is expected to catalyze based on the increasing need for sterile and high-grade packaging materials for food and beverages, and pharma products to mitigate the risk of contamination.
On the basis of the product type, the market has been bifurcated into stand-up pouches, spouted pouches, zipper pouches, pillow pack, and 3-side sealed. Amongst these, stand-up pouches currently account for the largest market share.
On the basis of the capacity, the market has been classified into low, medium, and high capacity. At present, medium capacity exhibits a clear dominance in the market.
On the basis of the closure type, the market has been categorized into with cap and without cap, where without cap retort pouches hold the majority of the total market share.
On the basis of the material type, the market has been segregated into polypropylene, aluminum foil, polyester, nylon, paper & paperboard, and others. Amongst these, polypropylene currently accounts for the largest market share.
On the basis of the application, the market has been divided into food and beverage, and healthcare. At present, the food and beverage sector exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global retort pouches market are Otsuka Holdings Co. Ltd., Berry Plastics Corporation, Mondi PLC, Amcor Limited, Sonoco Products Company, Astrapak Ltd, Coveris, Bemis Company, Inc, Tredegar Corporation, Sealed Air Corporation, Huhtamaki Group, Clifton Packaging Group Ltd., Foshan Nanhai LD Packaging Co., Ltd., Constantia Flexibles International GmbH, ProAmpac, Alliedflex Technologies Ltd., Flexi-Pack Ltd., etc.
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