Chemicals and Materials Retort Packaging Market New

The report "Retort Packaging Market by type (Pouches, Tray, and Cartons), by Material
(Polyester, Polypropylene, Aluminum foil, and others), by End Use (Food, Beverage, and
Others) - Global Forecast to 2020", published by MarketsandMarkets, The global Retort
Packaging Market is projected to reach $41.14 Billion by 2020, with a CAGR of 6.7% from
2015 to 2020.
Browse 115 Tables and 51 Figures spread through 215 Pages and in-depth TOC on "Retort
Packaging Market"
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End-Use of retort packaging market includes food, beverage, healthcare, and personal care.
Growth in pre-made food and pet food and the demand for quality and convenient food are
the key drivers of the retort packaging market.
The global retort packaging market is projected to reach $41.14 Billion by 2020, with a
CAGR of 6.7% from 2015 to 2020. Increasing disposable incomes of people in developing
countries, increasing urbanization, and changing preferences of people towards convenient
packaging drive the growth of the retort packaging market. The major restraining factor for
the growth of this market is the high capital investment involved in sealing technologies.
Defects due to poor sealing technology is the biggest challenge faced by players in the
market. Asia-Pacific is estimated to grow the fastest in the forecast period, due to the
increasing demand of convenience food and the growing health and personal care industry.
The retort packaging market is buyer-oriented. It has shown substantial growth due to the
remarkable advantages to the customers and the processors of the retort packaging
industry. Leading players in this market are Amcor Limited (Australia), Berry Plastics