Global Retort Packaging Market Will Grow with CAGR of 6.5% - Industry Research, Share, Size, Analysis, Growth
The Global Retort Packaging market is estimated at $29.3 billion in 2014 and is expected to reach $48.5 billion by 2022 growing at a CAGR of 6.5% during the forecast period 2014 to 2022. Raise in disposable income, decrease in cost, improvement in pet food products and varying preferences of people towards packaging drives the market growth. High capital investment in technologies is the major restraining factor of the market.
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