The retort packaging market has seen considerable growth due to a variety of factors.
• In recent times, there has been a significant expansion in the size of the retort packaging market. This market is projected to escalate from a value of $4.43 billion in 2024, to $4.72 billion in 2025, representing a compound annual growth rate (CAGR) of 6.6%.
The upswing noted during the historic period can be credited to factors including the popularity of convenience and ready-to-eat food trends, extended shelf-life for food items, the utilization of packaging for military and space excursions, cost-effective and proficient sterilization procedures, and a rise in single-person households.
The retort packaging market is expected to maintain its strong growth trajectory in upcoming years.
• The dimensions of the retort packaging market are anticipated to experience robust expansion in the upcoming years. The market is predicted to scale up to $6.41 billion in 2029, with a compound annual growth rate (CAGR) of 8.0%.
The forecasted growth during this period can be credited to superior and gourmet retort packaging, environmentally friendly and sustainable retort materials, rise in pet food and baby food packaging, tailored and branded opportunities, to-go and portable packaging styles, and swelling in the pharmaceutical industry. Noteworthy trends for the forecast period encompass microwavable and sous-vide retort pouches, retort stand-up pouches opted for snacks, recirculable and compostable retort materials, retort opportunities for glass and plastic containers, intelligent packaging incorporating QR codes and labels, and retort packaging specified for plant-based and organic foods.
The retort packaging market is experiencing growth due to a worldwide increase in the demand for ready-to-eat or pre-cooked meals. These are fully cooked food products that require no further cooking or preparation before consumption. Retort packaging, distinguished by its ability to maintain the quality and safety of food products while lengthening their shelf life, has become the preferred option for these ready-to-eat items. For example, according to the United States Department of Agriculture in 2022, which is a federal organization in the US tasked with regulating food quality, safety, and nutrition labeling, the total value of processed food products exported from the US was $38 billion. This represents a rise of 10.96% from $34.24 billion in 2021. Furthermore, in 2022, Canada and Mexico exported processed food products valued at $11.43 billion and $5.65 billion respectively. Consequently, the escalating demand for ready-to-eat meals around the world is fueling the growth of the retort packaging market.
The retort packaging market covered in this report is segmented –
1) By Product Type: Pouches, Trays, Cartons, Other Product Types
2) By Material: PET, Polypropylene, Aluminum foil, Polyethylene, Polyamide, Paperboard, Other Materials
3) By End-Use: Food, Beverages, Other End-Users
Subsegments:
1) By Pouches: Stand-Up Pouches, Flat Pouches, Zip Lock Pouches
2) By Trays: Plastic Trays, Aluminum Trays, Paperboard Trays
3) By Cartons: Gable Top Cartons, Aseptic Cartons, Sleeve Cartons
4) By Other Product Types: Bags, Bottles, Tubs And Containers
Manufacturers of retort packaging are focusing on the creation of recyclable retort pouches to promote sustainability on a global scale. For example, ProAmpac, a flexible film, foil, and fiber packaging manufacturer from the US, launched their ProActive PCR Retort pouches in April 2022. These pouches are made with post-consumer recycled (PCR) materials, marking a significant move towards eco-friendly packaging. The newly launched retort pouches consist of a minimum of 30% PCR content, therefore relying less on new plastics. This endeavor is in line with ProAmpac's commitment to sustainability and aids in the promotion of the circular economy by helping brands reach their environmental objectives.
Major companies operating in the retort packaging market include:
• Amcor Ltd.
• Coveris Flexibles UK Ltd.
• Sonoco Products Company
• Mondi Group Plc
• Berry Global Group Inc.
• Clondalkin Group
• Tredegar Corp.
• Flair Flexible Packaging Corporation
• ProAmpac Holdings Inc.
• Huhtamaki Oyj
• Clifton Packaging Group Pvt Ltd.
• Winpak Ltd.
• Otsuka Holdings Co Ltd.
• HPM Global Inc.
• Avonflex Pvt Ltd.
• Alliedflex Technologies Inc.
• Constantia Flexibles International GmbH
• AB Tetra Pak
• Techni-Pak LLC
• Lithotype Company Inc.
• Fujimori Kogyo Co Ltd.
• Pyramid Packaging Pvt Ltd.
• DNP Imagingcomm America Corporation
• Printpack Inc.
• Paharpur 3P Pvt Ltd.
• Bemis Company Inc.
• Sealed Air Corporation
• Ampac Holdings LLC
• Scholle IPN India Packaging Pvt Ltd.
• American Packaging Corporation
• Lawrence Packaging Supply Corporation
Asia-Pacific was the largest region in the retort packaging market in 2024. The regions covered in the retort packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.