Short Description
Asia-Pacific Retort Packaging Market, By Product Type (trays, pouches, cartons, and others), Material (PET, polypropylene, aluminium foil, polyamide (PA), paper & paperboard, EVOH, and others), Distribution Channel (online and offline), End-Use (food, beverages, pharmaceuticals, and others), Industry Trends and Forecast to 2029
Market Definition
Retort packaging is a type of food packaging made from a laminate of flexible plastic and metal foils. It allows the sterile packaging of a wide variety of food and drink handled by aseptic processing, and is used as an alternative to traditional industrial canning methods. Packaged foods range from water to fully cooked, thermo-stabilized (heat-treated), high-caloric (1,300 kcal on average) meals like Meals, Ready-to-Eat (MREs), which can be eaten cold, warmed by submerging in hot water, or heated with a flameless ration heater, a meal component first introduced by the military in 1992. Field rations, space food, fish products, camping meals, quick noodles, and companies like Capri Sun and Tasty Bite all employ retort packaging.
Initially, the retort packaging were developed for industrial applications and pipe-organs. Gradually the design was adapted in the bio-pharmaceutical industry for sterilizing methods by using compliant materials. And now it is being used in almost every industry for safe production and adequate infrastructure, such as food & beverage, and chemical processing among other verticals.
Market Segmentation
The retort packaging market is segmented on the based on the product type, material, distribution channel and end-use.
On the basis of product type, the Asia-Pacific retort packaging market is segmented into trays, pouches, cartons, and others
On the basis of material, the Asia-Pacific retort packaging market has been segmented into PET, polypropylene, aluminum foil, polyamide (PA), paper & paperboard, EVOH, and others
On the basis of distribution channel, the Asia-Pacific retort packaging market has been segmented into online and offline
On the basis of end-use, the Asia-Pacific retort packaging market has been segmented into food, beverages, pharmaceuticals, and others
Market Players
Some of the major players operating in the Asia-Pacific retort packaging market are:
ProAmpac
Berry Asia-Pacific Inc.
Constantia Flexibles
Mondi
Tetra Pak
Clifton Packaging Group Limited
Sonoco Products Company
Amcor plc
Sealed Air
Huhtamaki
LD PACKAGING CO.,LTD
Paharpur 3P
Printpack
Floeter India Retort Pouches (P) Ltd
TABLE OF CONTENTS
1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 OVERVIEW OF ASIA PACIFIC RETORT PACKAGING MARKET 32
1.4 CURRENCY AND PRICING 33
1.5 LIMITATIONS 33
1.6 MARKETS COVERED 34
2 MARKET SEGMENTATION 37
2.1 MARKETS COVERED 37
2.2 GEOGRAPHICAL SCOPE 38
2.3 YEARS CONSIDERED FOR THE STUDY 39
2.4 DBMR TRIPOD DATA VALIDATION MODEL 40
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 43
2.6 DBMR MARKET POSITION GRID 44
2.7 VENDOR SHARE ANALYSIS 46
2.8 MULTIVARIATE MODELING 47
2.9 PRODUCT TYPE TIMELINE CURVE 47
2.10 MARKET APPLICATION COVERAGE GRID 48
2.11 SECONDARY SOURCES 49
2.12 ASSUMPTIONS 49
3 EXECUTIVE SUMMARY 50
4 PREMIUM INSIGHTS 53
4.1 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 55
4.1.1 OVERVIEW 55
4.1.2 DEVELOPMENT OF ADVANCED SMART PACKAGING PRODUCTS 55
4.1.3 TEMPERATURE BALANCING SMART PACKAGING 55
4.1.4 SMART PACKAGING TO IMPROVE CONSUMER SAFETY 56
4.2 REGULATIONS 57
4.2.1 OVERVIEW 57
4.2.2 FOOD AND DRUG ADMINISTRATION 57
4.2.3 EUROPEAN FOOD PACKAGING REGULATIONS 57
4.2.4 FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA (FSSAI) 57
4.3 EMERGING TREND 58
4.4 PRICE TREND ANALYSIS 59
4.5 PRODUCTION CONSUMPTION ANALYSIS 60
4.6 IMPORT-EXPORT SCENARIO 61
4.7 PORTERS FIVE FORCE ANALYSIS 62
4.8 SUPPLIER OVERVIEW 63
4.9 SUPPLY CHAIN ANALYSIS 63
4.9.1 OVERVIEW 63
4.9.2 LOGISTIC COST SCENARIO 63
4.9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 64
5 MARKET OVERVIEW 65
5.1 DRIVERS 67
5.1.1 INCREASING DEMAND AMONG CONSUMERS FOR PRESERVATIVE-FREE PRODUCTS 67
5.1.2 RISING DEMAND FOR SUSTAINABLE AND AESTHETIC PACKAGING SOLUTIONS 67
5.1.3 GROWING DEMAND FOR INTELLIGENT PACKAGING TO AVOID FOOD WASTAGE 68
5.1.4 GROWING CONSUMPTION OF PACKAGED PRODUCTS 68
5.2 RESTRAINTS 69
5.2.1 HIGH COSTS ASSOCIATED WITH RESEARCH AND DEVELOPMENT ACTIVITIES 69
5.2.2 AVAILABILITY OF ALTERNATIVES IN THE MARKET 70
5.3 OPPORTUNITIES 70
5.3.1 BAN ON PLASTIC PACKAGING PRODUCTS IN THE ASIA PACIFIC MARKET 70
5.3.2 RECENT INNOVATION AND NEW PRODUCT LAUNCHES 71
5.3.3 INCREASING CASES OF FOOD CONTAMINATION 71
5.4 CHALLENGE 73
5.4.1 SUPPLY CHAIN DISRUPTION DUE TO PANDEMIC 73
6 ASIA PACIFIC RETORT PACKAGING MARKET, BY PRODUCT TYPE 74
6.1 OVERVIEW 75
6.2 POUCHES 76
6.2.1 STAND-UP-POUCHES 77
6.2.2 GUSSETED POUCHES 77
6.2.3 BACK-SEAL QUAD 77
6.2.4 SPOUTED POUCHES 77
6.3 TRAYS 78
6.4 CARTONS 79
6.5 OTHERS 80
7 ASIA PACIFIC RETORT PACKAGING MARKET, BY MATERIAL 81
7.1 OVERVIEW 82
7.2 PET 84
7.3 POLYPROPYLENE 85
7.4 ALUMINIUM FOIL 86
7.5 POLYAMIDE (PA) 87
7.6 PAPER & PAPERBOARD 88
7.7 EVOH 89
7.8 OTHERS 90
8 ASIA PACIFIC RETORT PACKAGING MARKET, BY DISTRIBUTION CHANNEL 91
8.1 OVERVIEW 92
8.2 OFFLINE 94
8.3 ONLINE 95
9 ASIA PACIFIC RETORT PACKAGING MARKET, BY END-USE 96
9.1 OVERVIEW 97
9.2 FOOD 99
9.2.1 READY TO EAT MEALS 100
9.2.2 MEAT, POULTRY, & SEA FOOD 100
9.2.3 PET FOOD 100
9.2.4 BABY FOOD 100
9.2.5 SOUPS & SAUCES 100
9.2.6 SPICES & CONDIMENTS 100
9.2.7 OTHERS 100
9.3 BEVERAGES 101
9.3.1 NON-ALCOHOLIC 102
9.3.2 ALCOHOLIC 102
9.4 PHARMACEUTICALS 103
9.5 OTHERS 104
10 ASIA PACIFIC RETORT PACKAGING MARKET, BY REGION 105
10.1 ASIA-PACIFIC 106
10.1.1 CHINA 114
10.1.2 JAPAN 118
10.1.3 SOUTH KOREA 122
10.1.4 INDIA 126
10.1.5 AUSTRALIA & NEW ZEALAND 130
10.1.6 SINGAPORE 134
10.1.7 INDONESIA 138
10.1.8 THAILAND 142
10.1.9 MALAYSIA 146
10.1.10 PHILIPPINES 150
10.1.11 REST OF ASIA-PACIFIC 154
11 ASIA PACIFIC RETORT PACKAGING MARKET: COMPANY LANDSCAPE 155
11.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 155
12 SWOT ANALYSIS 156
13 COMPANY PROFILE 157
13.1 TETRA PAK 157
13.1.1 COMPANY SNAPSHOT 157
13.1.2 COMPANY SHARE ANALYSIS 157
13.1.3 PRODUCT PORTFOLIO 158
13.1.4 RECENT DEVELOPMENT 158
13.2 SEALED AIR 159
13.2.1 COMPANY SNAPSHOT 159
13.2.2 REVENUE ANALYSIS 160
13.2.3 COMPANY SHARE ANALYSIS 160
13.2.4 PRODUCT PORTFOLIO 161
13.2.5 RECENT DEVELOPMENT 161
13.3 SONOCO PRODUCTS COMPANY 162
13.3.1 COMPANY SNAPSHOT 162
13.3.2 REVENUE ANALYSIS 162
13.3.3 COMPANY SHARE ANALYSIS 163
13.3.4 PRODUCT PORTFOLIO 163
13.3.5 RECENT DEVELOPMENTS 163
13.4 PROAMPAC 164
13.4.1 COMPANY SNAPSHOT 164
13.4.2 COMPANY SHARE ANALYSIS 164
13.4.3 PRODUCT PORTFOLIO 165
13.4.4 RECENT DEVELOPMENTS 165
13.5 AMCOR PLC 166
13.5.1 COMPANY SNAPSHOT 166
13.5.2 REVENUE ANALYSIS 166
13.5.3 COMPANY SHARE ANALYSIS 167
13.5.4 PRODUCT PORTFOLIO 167
13.5.5 RECENT DEVELOPMENTS 167
13.6 BERRY ASIA PACIFIC INC. 169
13.6.1 COMPANY SNAPSHOT 169
13.6.2 COMPANY SNAPSHOT 169
13.6.3 PRODUCT PORTFOLIO 170
13.6.4 RECENT DEVELOPMENT 170
13.7 CLIFTON PACKAGING GROUP LIMITED 171
13.7.1 COMPANY SNAPSHOT 171
13.7.2 PRODUCT PORTFOLIO 171
13.7.3 RECENT DEVELOPMENT 171
13.8 CONSTANTIA FLEXIBLES 172
13.8.1 COMPANY SNAPSHOT 172
13.8.2 PRODUCT PORTFOLIO 172
13.8.3 RECENT DEVELOPMENT 173
13.9 COVERIS 174
13.9.1 COMPANY SNAPSHOT 174
13.9.2 RODUCT PORTFOLIO 174
13.9.3 RECENT DEVELOPMENT 175
13.10 DNP AMERICA, LLC. 176
13.10.1 COMPANY SNAPSHOT 176
13.10.2 PRODUCT PORTFOLIO 176
13.10.3 RECENT DEVELOPMENT 176
13.11 FLAIR FLEXIBLE PACKAGING CORPORATION 177
13.11.1 COMPANY SNAPSHOT 177
13.11.2 PRODUCT PORTFOLIO 177
13.11.3 RECENT DEVELOPMENT 178
13.12 FLOETER INDIA RETORT POUCHES (P) LTD 179
13.12.1 COMPANY SNAPSHOT 179
13.12.2 PRODUCT PORTFOLIO 179
13.12.3 RECENT DEVELOPMENT 179
13.13 HUHTAMAKI 180
13.13.1 COMPANY SNAPSHOT 180
13.13.2 REVENUE ANALYSIS 180
13.13.3 PRODUCT PORTFOLIO 181
13.13.4 RECENT DEVELOPMENT 181
13.14 IMPAK CORPORATION 182
13.14.1 COMPANY SNAPSHOT 182
13.14.2 PRODUCT PORTFOLIO 182
13.14.3 RECENT DEVELOPMENT 182
13.15 LD PACKAGING CO .,LTD 183
13.15.1 COMPANY SNAPSHOT 183
13.15.2 PRODUCT PORTFOLIO 183
13.15.3 RECENT DEVELOPMENT 183
13.16 MONDI 184
13.16.1 COMPANY SNAPSHOT 184
13.16.2 REVENUE ANALYSIS 184
13.16.3 PRODUCT PORTFOLIO 185
13.16.4 RECENT DEVELOPMENTS 185
13.17 PAHARPUR 3P 186
13.17.1 COMPANY SNAPSHOT 186
13.17.2 PRODUCT PORTFOLIO 186
13.17.3 RECENT DEVELOPMENT 186
13.18 PORTCO PACKAGING 187
13.18.1 COMPANY SNAPSHOT 187
13.18.2 PRODUCT PORTFOLIO 187
13.18.3 RECENT DEVELOPMENTS 187
13.19 PRINTPACK 188
13.19.1 COMPANY SNAPSHOT 188
13.19.2 PRODUCT PORTFOLIO 188
13.19.3 RECENT DEVELOPMENT 189
13.20 WINPAK LTD. 190
13.20.1 COMPANY SNAPSHOT 190
13.20.2 REVENUE ANALYSIS 190
13.20.3 PRODUCT PORTFOLIO 191
13.20.4 RECENT DEVELOPMENT 191
14 QUESTIONNAIRE 192
15 RELATED REPORTS 195