Retort Packaging Market Forecast, Analysis and Supply Demand 2020 by SMR
Deerfield Beach, FL -- (SBWIRE) -- 01/11/2017 -- A retort packet is a type of food packaging made from a layer of flexible plastic and metal foils. It allows the sterile packaging of a large range of food and drink handled by aseptic processing. Retort is a process that uses heat and pressure to cook food in a strong, sealed package. It is the most suitable form of food preservation in rigid, and flexible packaging system. Retort packets are used in space food, camping food, field rations, etc.
The retort packaging market is mainly driven by increasing disposable income in developing countries and increasing demand for equipped to eat food. Increasing demand for baby food and pet food products are also f the key drivers of the global retort packaging market. Additionally, the reducing cost of the raw materials used to make retort packet is also driving the demand for market growth. High cost of development and rising concept of raw material recycling is expected to major restraints for retort packaging market.
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The report includes detailed competitive landscape of the global retort packaging market and an analysis of Porter's five forces model for the tube packaging market has also been included. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the retort packaging market based on type, Material, end-user and region segment. Trays, pouches and cartons are the products type of retort packaging market.
Key end-use market for retort packaging includes healthcare, personal use, food, beverages and others. Food and beverage segment is expected to observer moderate growth in the next few years in retort packaging followed by healthcare and personal use. Key material market for retort packaging includes polyester, polypropylene, aluminum foil, Paperboard and other.
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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for tube packaging based on individual products, and end-users in all the regions and countries. Asia pacific was the leading, market share for retort packaging. Asia pacific region was followed by Europe and North America. The increasing disposable income in the emerging economies such as India and China is predictable to produce a robust demand for retort packaging market.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Mondi Group, Otsuka Holdings Company Limited, Sonoco, Amcor Limited, Bemis Company Inc., Berry Plastics, Clondalkin Industries BV and Astrapak Limited.
This report segments the global retort packaging market as follows:
Global retort Packaging Market: Type Segment Analysis
Global retort Packaging Market: Application Segment Analysis
Global Retort Packaging Market: Material Segment Analysis
Global Retort Packaging Market: Regional Segment Analysis
Middle East & Africa
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