With flexible packaging, there’s always something new. One reason is the growing demand for retort pouches.
According to a report from Transparency Market Research, Retort Packaging Market … Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2024, the value of the global retort packaging market will grow at a compound annual growth rate (CAGR) of 7.45 percent to reach $24,706 million in 2024 from $14,945 million in 2017. Projections call for volume to mirror the value growth quite closely with a CAGR of 6.7 percent to 72,492 million units in 2024.