Retort Pouch Market Size
Market Outlook:
Retort Pouch Market crossed USD 5.28 Billion in 2023 and is predicted to reach USD 8.44 Billion by end of the year 2032, growing at over 6.3% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 5.28 Billion
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
6.3%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 8.44 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
Asia Pacific
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:Increasing demand for convenient packaging solutions, growing usage in food and beverage industry, and rising popularity in defense and military applications are driving the growth of the retort pouch market.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Material, Packaging Type, Closure Type, Application |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Amcor plc, ProAmpac, Sonoco Products Company, Mondi, Coveris, CLONDALKIN GROUP, Sealed Air, Huhtamaki, Constantia Flexibles, FLAIR Flexible Packaging, WINPAK LTD., DNP America, LLC, HPM GLOBAL INC., SOPAKCO Packaging, AIPIA, Clifton Packaging Group Limited, Floeter India Retort Pouches |
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High cost of raw materials and manufacturing processes and limited shelf life compared to traditional packaging options are restraining the growth of the retort pouch market.
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