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Valued at $3.5 billion in 2020; expected to register CAGR of 5.1%.
April 3, 2020
By: Anthony Locicero
Copy editor, New York Post
According to MarketandMarkets’ report “Retort Packaging Market by Type (Pouches, Trays, and Cartons), Material (PET, Polypropylene, Aluminum foil, PA, PE, and Paperboard), End-use (Food and Beverages), and Region – Global Forecast to 2025,” the retort packaging market is projected to grow from $3.5 billion in 2020 to $4.5 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. The market is projected to grow following the surge in demand for more convenient food packaging f...
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