What is the growth forecast for the retort packaging market?
The global retort packaging market is expected to grow at a CAGR of 4.92% from 2024 to 2031, reaching US$6.05 billion by 2031.
What are the key drivers of the retort packaging market?
The key drivers of the retort packaging market include the rising demand for convenience and ready-to-eat food, the growing demand for lightweight and compact packaging, and the increasing adoption of retort packaging in the healthcare and pharmaceutical industries.
What are the challenges facing the retort packaging market?
The retort packaging market faces challenges such as temperature sensitivity, which can limit the types of products that can be packaged, and the high cost of retort packaging compared to other types of packaging.
What are the major players in the retort packaging market?
The major players in the retort packaging market include Amcor plc, Constantia Flexibles, Clifton Packaging Group Limited, Coveris, FLAIR Flexible Packaging Corporation, Mondi, Tetra Laval Group, ProAmpac, Sealed Air, and Otsuka Holdings Co., Ltd.