Market Share of Retort Packaging Industry
The retort packaging market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with innovative and sustainable packaging, many companies are increasing their market presence by securing new contracts and by tapping new markets.
In June 2022, Stora Enso and Tetra Pak joined forces on a beverage carton recycling solution. A design for a recycling plant at Stora Enso's Langerbrugge location in Belgium is part of the joint feasibility study. The Benelux market receives around 75,000 tonnes of beverage cartons annually. More than 70% of these have already been collected for recycling.
In April 2022, ProAmpac introduced its distinctive ProActive PCR Retort pouches. ProActive PCR Retort pouches are made for packaging pet and human food, and they are both FDA and EU-approved for food contact in retort applications. In order to reduce the usage of virgin resins in the packaging, ProActive PCR Retort pouches have a 30-weight percentage or higher PCR content. Additionally, these inventive pouches are Plastics Packaging Tax (PPT) compliant for the United Kingdom (UK).
Retort Packaging Market Leaders
Amcor, Ltd
Constantia Flexibles
Clondalkin Industries BV
Tetra Pak International SA
Mondi PLC
*Disclaimer: Major Players sorted in no particular order
