Global Returnable PackagingMarket Segmentation: by Material : (Plastic, Metal, Wood), by Product: (Pallets, Crates, IBCs, Drums & Barrels, Dunnage, Others), by End User : (Food & beverages, Automotive, Consumer durables, Healthcare, Others, Packaging)

Code : FBIN-91 | Category : PACKAGING | Publish Date : NOVEMBER-2020 | Pages : 146 | Format : PDF

The global Returnable Packagingmarket is expected to grow at a CAGR of 5.2% over the forecast timeframe of 2020 to 2027.

Returnable Packaging Market size is expected to be worth USD 32billionby 2020 and is expected to reach USD --billion by 2027.

Increasing demand for sustainable and sturdy packaging products from various end-use industries is predicted to drive the expansion of the worldwide returnable transport packaging (RTP) market. Returnable or reusable packaging products are made from durable materials, like wood, plastic, and metal. they're designed to face up to rough handling throughout the availability chain and are intended for multiple trips. The initial investment for such products is considerably high as compared to expendable packaging; however, with increasing trips, lower cost per trip are often achieved, which ensures a rapid return on investment.The U.S. market is predicted to exhibit significant growth on account of accelerating product demand from various end-use industries. Key food & beverages, pharmaceuticals, and automotive companies operating within the U.S. are increasingly incorporating sustainable business practices, which, in turn, is predicted to reinforce the market growth.

Key companies are mainly interested in returnable transport packaging products thanks to their sustainability, and economic and ergonomic benefits. Economic benefits mainly include low cost per trip within the long run and reduction in cost related to the acquisition and disposal of expendable packaging.

Returnable packaging eliminates packaging waste going into landfills and thus is very sustainable. Increasing adoption of sustainable packaging solutions by end-users to enhance their brand reputation, including rising regulatory pressure regarding the utilization of plastic packaging, is predicted to fuel the market growth.

However, higher transportation cost is observed within the case of RTP products thanks to their return trip. Moreover, these products occupy a big space for storing and periodically require maintenance. additionally , theft or misplace of products is additionally observed, further requiring the incorporation of tracking devices leading to increased material handling costs. this might have a negative impact on product demand.
Asia Pacific led the market and accounted for over 36% of the worldwide revenue share in 2019 and is projected to expand further at the fastest CAGR from 2020 to 2027. The presence of an outsized number of producing companies in countries like China, India, Indonesia, and Vietnam is that the key factor driving the regional market. Furthermore, rapid industrialization in Asia Pacific thanks to the low cost of producing is predicted to profit the market growth.

The market in Middle East & Africa is predicted to witness significant growth within the coming years due to shifting focus from the refining industry to the manufacturing industry. North America was the second-largest market in 2019 and is predicted to grow at a gentle CAGR from 2020 to 2027. Favorable trade agreements, like the USMCA between U.S., Canada, and Mexico, are expected to spice up manufacturing activities within the region, which is predicted to drive the returnable transport packaging market in North America.

Global Returnable PackagingMarket Key Player Analysis 

Key players across the global in Returnable Packagingmarket have been profiled through proven and extensive research techniques. Some of the prominent players functioning in global Returnable Packagingmarket are Returnable Packaging Resource, Inc.; Nefab Group; Plastic Packaging Solutions Midlands & East Ltd.; Tri-Pack Plastics Ltd.; Amatech, Inc.; CHEP; Celina Industries; Integra Packaging and ORBIS Corp.

Market Segmentation

The global Returnable Packagingmarket has been segmented on the basis of various perspectives such as Material, Product, End Userand Geography. The research report has been scrutinized across North America, Latin America, Middle East, Africa, Asia-Pacific, and Europe with respect to different global market dynamics.

Global Returnable PackagingMarket Segmentation

  • Market revenue and forecast for the period (2020 - 2027), by Material : (Revenue in USD Million)
    • Plastic
    • Metal
    • Wood
  • Market revenue and forecast for the period (2020 - 2027), by Product: (Revenue in USD Million)
    • Pallets
    • Crates
    • IBCs
    • Drums & Barrels
    • Dunnage
    • Others
  • Market revenue and forecast for the period (2020 - 2027), by End User : (Revenue in USD Million)
    • Food & beverages
    • Automotive
    • Consumer durables
    • Healthcare
    • Others
    • Packaging
  • Market revenue and forecast for the period (2020 - 2027), by Region : (Revenue in USD Million)
    • North America
      • U.S.A
      • Canada
    • Europe
      • Italy
      • Spain
      • UK
      • Sweden
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • Rest of Asia-Pacific
    • Latin America
      • Mexico
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Turkey
      • Rest of Middle East & Africa 

Global Returnable PackagingMarket Key Players

  • Returnable Packaging Resource, Inc.
  • Nefab Group
  • Plastic Packaging Solutions Midlands & East Ltd.
  • Tri-Pack Plastics Ltd.
  • Amatech, Inc.
  • CHEP
  • Celina Industries
  • Integra Packaging
  • ORBIS Corp.

 

1.MarketScope

1.1. MarketSegmentation

1.2. YearsConsidered

1.2.1.Historic Year: 2018

1.2.2.BASE Year: 2019

1.2.3.Forecast Years: 2020 – 2027

2.Key Target Audiences

3.ResearchMethodology

3.1. PrimaryResearch

3.1.1.Research Questionnaire

3.1.2.Primary Interviews: Key Opinion Leaders (KOLs)

3.2. SecondaryResearch

3.2.1.Paid Databases

3.2.2.Secondary Sources

3.3. Market SizeEstimates

3.3.1.Top-Down Approach

3.3.2.Bottom-Up Approach

3.4. Data TriangulationMethodology

3.5. ResearchAssumptions

4.On-going Advancements in the RETURNABLE PACKAGING Market

5.Market Synopsis: RETURNABLE PACKAGINGMarket

6.Returnable Packaging Market Analysis: Qualitative Perspective

6.1. Introduction

6.1.1.Product Definition

6.1.2.Industry Development

6.2. MarketDynamics

6.2.1.Drivers

6.2.2.Restraints

6.2.3.Opportunities

6.3. Trends in Returnable PackagingMarkeT

6.4. Market Determinants RadarChart

6.5. Macro-Economic and Micro-Economic Indicators: Returnable PackagingMarket

6.6. Porter’s Five ForceAnalysis

7.Global Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

7.1. Overview

7.2. Global Returnable Packaging Market size ($Million) and Forecasts (2019 – 2027

7.3. Global Returnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

7.3.1.Pallets

7.3.2.Crates

7.3.3.IBCs

7.3.4.Drums & Barrels

7.3.5.Dunnage

7.4. Global Returnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

7.4.1.Food & beverages

7.4.2.Automotive

7.4.3.Consumer durables

7.4.4.Healthcare

7.4.5.Others

7.4.6. Packaging

8.north america Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

8.1. Overview

8.2. north america Returnable Packaging Market size ($Million) and Forecasts (2019 – 2027

8.3. north americaReturnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

8.3.1.Pallets

8.3.2.Crates

8.3.3.IBCs

8.3.4.Drums & Barrels

8.3.5.Dunnage

8.4. north americaReturnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

8.4.1.Food & beverages

8.4.2.Automotive

8.4.3.Consumer durables

8.4.4.Healthcare

8.4.5.Others

8.4.6. Packaging

8.5. north america Returnable Packaging Market size ($Million) and Forecasts, by country, (2019 – 2027)

8.5.1.United States

8.5.2.canada

8.5.3.Mexico

9.europe Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

9.1. Overview

9.2. europe Returnable Packaging Market size ($Million) and Forecasts (2019 – 2027)

9.3. europeReturnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

9.3.1.Pallets

9.3.2.Crates

9.3.3.IBCs

9.3.4.Drums & Barrels

9.3.5.Dunnage

9.4. europeReturnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

9.4.1.Food & beverages

9.4.2.Automotive

9.4.3.Consumer durables

9.4.4.Healthcare

9.4.5.Others

9.4.6. Packaging

9.5. europe Returnable Packaging Market size ($Million) and Forecasts, by country, (2019 – 2027)

9.5.1.UK

9.5.2.GERMANY

9.5.3.FRANCE

9.5.4.ITALY

9.5.5.SPAIN

9.5.6.REST OF EUROPE

10.asia pacific Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

10.1. Overview

10.2. asia pacific Returnable Packaging Market size ($Million) and Forecasts (2019 – 2027)

10.3. ASIA PACIFICReturnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

10.3.1.Pallets

10.3.2.Crates

10.3.3.IBCs

10.3.4.Drums & Barrels

10.3.5.Dunnage

10.4. ASIA PACIFICReturnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

10.4.1.Food & beverages

10.4.2.Automotive

10.4.3.Consumer durables

10.4.4.Healthcare

10.4.5.Others

10.4.6. Packaging

10.5. ASIA PACIFIC Returnable Packaging Market size ($Million) and Forecasts, by country, (2019 – 2027)

10.5.1.CHINA

10.5.2.JAPAN

10.5.3.INDIA

10.5.4.AUSTRALIA

10.5.5.REST OF APAC

11.latin america Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

11.1. Overview

11.2. LATIN AMERICAReturnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

11.2.1.Pallets

11.2.2.Crates

11.2.3.IBCs

11.2.4.Drums & Barrels

11.2.5.Dunnage

11.3. LATIN AMERICAReturnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

11.3.1.Food & beverages

11.3.2.Automotive

11.3.3.Consumer durables

11.3.4.Healthcare

11.3.5.Others

11.3.6. Packaging

11.4. LATIN AMERICA Returnable Packaging Market size ($Million) and Forecasts, by country, (2019 – 2027)

11.4.1.BRAZIL

11.4.2.REST OF lATIN aMERICA

12.middle east & africa Returnable Packaging Market Analysis and Forecasts, 2019 – 2027

12.1. Overview

12.2. middle east & africa Returnable Packaging Market size ($Million) and Forecasts (2019 – 2027)

12.3. Middle east & africaReturnable Packaging Market size ($Million) and Forecasts, BY PRODUCT, (2019 – 2027)

12.3.1.Pallets

12.3.2.Crates

12.3.3.IBCs

12.3.4.Drums & Barrels

12.3.5.Dunnage

12.4. Middle east & africaReturnable Packaging Market size ($Million) and Forecasts, BY END USER, (2019 – 2027)

12.4.1.Food & beverages

12.4.2.Automotive

12.4.3.Consumer durables

12.4.4.Healthcare

12.4.5.Others

12.4.6. Packaging

12.5. Middle east & africa Returnable Packaging Market size ($Million) and Forecasts, by country, (2019 – 2027)

12.5.1.UAE

12.5.2.SAUDI ARABIA

12.5.3.REST OF MIDDLE EAST & AFRICA

13.Player Profiles

13.1. Returnable Packaging Resource, Inc.

13.2. Nefab Group

13.3. Plastic Packaging Solutions Midlands & East Ltd.

13.4. Tri-Pack Plastics Ltd.

13.5. Amatech, Inc.

13.6. CHEP

13.7. Celina Industries

13.8. Integra Packaging

13.9. ORBIS Corp.

13.10. Other MarketParticipants

At Future Business Insights, we are engaged in building both global as well as country specific reports.