Returnable Transport Packaging Market Trends and Forecast
The future of the global returnable transport packaging market looks promising with opportunities in the plastic, wood, and metal markets. The global returnable transport packaging market is expected to reach an estimated $36.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing focus on sustainability and reducing packaging waste and growth in international trade and logistics, requiring efficient and durable packaging solutions.
• Lucintel forecasts that containers is expected to witness the highest growth over the forecast period.
• Within this market, plastic is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Returnable Transport Packaging Market
• United States: ORBIS Corporation has expanded its reusable packaging solutions with the introduction of the Pally, a versatile pallet dolly system designed to streamline intra-facility material handling and logistics.
• Germany: Schoeller Allibert has launched a new range of foldable intermediate bulk containers (IBCs) with enhanced durability and ergonomic features, catering to the automotive and manufacturing sectors for efficient supply chain management.
• Japan: Japan Pallet Rental Corporation (JPR) has implemented a new RFID-based tracking system for its reusable pallets, improving inventory visibility and asset management capabilities across its logistics network.
• Australia: CHEP Australia has partnered with major retailers to enhance the adoption of reusable plastic crates (RPCs) for fresh produce, reducing packaging waste and improving sustainability in the agricultural supply chain.
• Netherlands: Buckhorn Europe BV has introduced a line of reusable bulk containers with integrated RFID tags, facilitating real-time tracking and inventory management in the pharmaceutical and retail industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Returnable Transport Packaging Market by Segment
The study includes a forecast for the global returnable transport packaging market by product, material, and region.
Returnable Transport Packaging Market by Product [Value from 2018 to 2030]:
• Containers
• Pallets
• Drums and Barrels
• Others
Returnable Transport Packaging Market by Material [Value from 2018 to 2030]:
• Plastic
• Wood
• Metal
• Others
Returnable Transport Packaging Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Returnable Transport Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies returnable transport packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the returnable transport packaging companies profiled in this report include-
• Berry Global
• Brambles
• Bulk Lift International
• BWAY
• CABKA
• CORDSTRAP BV
• Craemer
Recent Development in the Returnable Transport Packaging Market
• Sonoco Products Company has introduced a new line of sustainable packaging solutions, including reusable plastic containers (RPCs) made from recycled materials, to meet the growing demand for eco-friendly packaging in the food and beverage industry.
• SSI SCHAEFER has developed a customizable returnable packaging solution with modular design capabilities, enabling efficient handling and storage optimization in diverse supply chain environments.
• Buckhorn Inc. has launched a new series of collapsible bulk containers with improved durability and stackability features, catering to the automotive and industrial sectors for cost-effective and sustainable transport packaging solutions.
• Cabka Group has expanded its portfolio with lightweight and recyclable plastic pallets and containers, leveraging innovative material technology to enhance logistics efficiency and reduce environmental impact across global markets.
• PalletOne has introduced a new generation of wooden pallets with RFID tracking capabilities, offering enhanced visibility and inventory management in supply chains, thereby improving operational efficiency and reducing costs for its customers.
Features of the Global Returnable Transport Packaging Market
Market Size Estimates: Returnable transport packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Returnable transport packaging market size by product, material, and region in terms of value ($B).
Regional Analysis: Returnable transport packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, materials, and regions for the returnable transport packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the returnable transport packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the returnable transport packaging market size?
Answer: The global returnable transport packaging market is expected to reach an estimated $36.7 billion by 2030.
Q2. What is the growth forecast for returnable transport packaging market?
Answer: The global returnable transport packaging market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the returnable transport packaging market?
Answer: The major drivers for this market are increasing focus on sustainability and reducing packaging waste and growth in international trade and logistics, requiring efficient and durable packaging solutions.
Q4. What are the major segments for returnable transport packaging market?
Answer: The future of the returnable transport packaging market looks promising with opportunities in the plastic, wood, and metal markets.
Q5. Who are the key returnable transport packaging market companies?
Answer: Some of the key returnable transport packaging companies are as follows:
• Berry Global
• Brambles
• Bulk Lift International
• BWAY
• CABKA
• CORDSTRAP BV
• Craemer
Q6. Which returnable transport packaging market segment will be the largest in future?
Answer: Lucintel forecasts that containers is expected to witness the highest growth over the forecast period.
Q7. In returnable transport packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the returnable transport packaging market by product (containers, pallets, drums and barrels, and others), material (plastic, wood, metal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Returnable Transport Packaging Market Market, Returnable Transport Packaging Market Market Size, Returnable Transport Packaging Market Market Growth, Returnable Transport Packaging Market Market Analysis, Returnable Transport Packaging Market Market Report, Returnable Transport Packaging Market Market Share, Returnable Transport Packaging Market Market Trends, Returnable Transport Packaging Market Market Forecast, Returnable Transport Packaging Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.