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Retort Pouches Market Share, Size, Trends, Future Growth and Opportunities by 2021-2026

SHERIDAN, WYOMING, UNITED STATES, October 13, 2021 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Retort Pouches Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, the global retort pouches market reached a value of US$ 1.5 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.1% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Retort pouches represent the heat-resistant laminated bags primarily used in packaging pharmaceutical and food and beverage products. These pouches can combat temperatures up to 250oC and resist intensive pressure. The lightweight PET film that is widely utilized in the pouches prevents content spoilage and contamination caused due to environmental exposure. As a result, retort pouches are a superior alternative for conventional packaging materials, such as glass, steel, metal, etc.

The elevating levels of urbanization, inflating disposable incomes, and shifting dietary preferences of the working population, are primarily driving the retort pouches market. In addition to this, the increasing sales of packaged and single-serve food products, including milk, yogurt, juice, etc., are also propelling the market growth. Besides this, various companies prefer to use retort pouch packaging for brand differentiation as these pouches offer aesthetic appeal, customizable packaging, and convenient labeling solutions, thereby further augmenting the market growth. Moreover, vendors are constantly enhancing their equipment and investing heavily in new production methods, which, in turn, will continue to propel the retort pouches market over the forecasted period. 

Retort Pouches Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:                         

The competitive landscape of the retort pouches  market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Otsuka Holdings Co. Ltd.
Berry Plastics Corporation
Mondi PLC
Amcor Limited
Sonoco Products Company
Astrapak Ltd
Coveris
Bemis Company, Inc.
Tredegar Corporation
Sealed Air Corporation
Huhtamaki Group
Clifton Packaging Group Ltd.
Foshan Nanhai LD Packaging Co., Ltd.
Constantia Flexibles International GmbH
ProAmpac
Alliedflex Technologies Ltd.
Flexi-Pack Ltd.

Key Market Segmentation:

The report has segmented the retort pouches market on the basis of product type, capacity, closure type, material type, application and region.

Breakup by Product Type:

Stand-Up Pouches
Spouted Pouches
Zipper Pouches
Pillow Pack
3-Side Sealed

Breakup by Capacity:

Low
Medium
High

Breakup by Closure Type:

With Cap
Without Cap

Breakup by Material Type:

Polypropylene
Aluminum Foil
Polyester
Nylon
Paper & Paperboard
Others

Breakup by Application:

Food and Beverage
Healthcare

Breakup by Region:

Europe
North America
Asia Pacific
Middle East and Africa
Latin America

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/retort-pouches-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
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