2024 Trends and Global Discussions in the Retort Packaging Industry

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In 2024, The retort packaging industry is experiencing significant advancements and stimulating global discussions as it adapts to changing consumer preferences and sustainability demands. A prominent trend is the innovation in materials that enhance the recyclability and environmental footprint of retort pouches, with a shift towards mono-material structures that simplify recycling processes. Additionally, there is a growing emphasis on lightweight and flexible packaging solutions that reduce transportation costs and carbon emissions. Technological advancements are also paving the way for improved barrier properties and shelf life, ensuring product safety and quality without the need for preservatives. The industry is actively discussing the balance between functionality and sustainability, seeking ways to maintain the high-performance characteristics of retort packaging while minimizing environmental impact. On a global scale, regulatory frameworks are being scrutinized and updated to support the adoption of more sustainable packaging practices, with stakeholders advocating for uniform standards and clearer labeling to facilitate consumer recycling efforts. As these trends and discussions unfold, the retort packaging industry is poised to lead in providing innovative, sustainable solutions that meet the demands of modern consumers and contribute to a more sustainable future.

According to a new market research report, The "Retort Packaging Industry by Type (Pouches, Trays, and Cartons), Material (PET, Polypropylene, Aluminum foil, PA, PE, and Paperboard), End-use (Food and Beverages), and Region - Global Forecast to 2025", is projected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. The market is projected to grow following the surge in demand for more convenient food packaging from consumers which aligns with their day to day life.

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Browse 100 Market data Tables, 60 Figures, 190 Pages and in-depth TOC on " Retort Packaging Market - Global Forecast to 2025”

This report also provides a comprehensive analysis of the companies listed below:

Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group (South Africa), and Coveris (Us) are the key players operating in the retort packaging market.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Retort Packaging Market.

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Acquisitions accounted for the largest share of all the strategic developments that took place in the Retort Packaging market between February 2016 and January 2020. Key players such as Amcor PLC (Australia), Global Berry Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Mondi Group. (Austria), @Coveris (US) adopted these strategies to strengthen their business portfolios and presence in the retort packaging industry.

1. In March 2020, Coveris acquired Plasztik-Tranzit Kft (Hungary). The acquisition will strengthen Coveris’ position in Eastern Europe.
2. In February 2019, Sealed Air acquired MGM flexible packaging (Philippines). The acquisition has helped the company to expand in Asia
3. Amcor launched Genesis, a PE-based laminate pouches which are recyclable in February 2019. The packaging targets fresh produce, frozen food, dried fruits, nuts, confectionery, chilled goods and pet food.
4. In June 2018, The Otsuka group established a subsidiary in India Otsuka Foods India Pvt. Ltd. To launch its flagship product Bon Curry in the Indian market

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