The global returnable transport packaging market to grow at a CAGR of 7.35% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Environmental concerns will be a key trend for market growth. Recently, there has been a rise in environmental hazards because of the improper disposal of packaging waste.
Burning packaging waste generates carbon dioxide, and the improper dumping of waste in landfills leads to the emission of methane, which causes considerable harm to the environment. The adoption of sustainable packaging is one way to combat greenhouse gas (GHG) emissions. Thus, increased adoption of returnable transport packaging reduces environmental hazards thereby propelling the growth of the global returnable transport packaging market.
According to the report, introduction of new products will be a key driver for market growth. The global returnable transport packaging market has observed several product launches in recent years.
For instance, Schoeller Allibert launched Smartleaf, a product designed to store petrochemicals. Smartleaf received the Plastics Innovation Award 2013 in the Sustainability of Plastic Products and Processes category from Gulf Petrochemicals and Chemicals Association. In addition, vendors in the market are focusing on introducing new packaging designs to ensure increased product safety.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Companies Mentioned Include:
- IFCO Systems
- Rehrig Pacific
- Schoeller Allibert
- SSI SCHAEFER
- All Plastic Pallets
- Del-Tec Packaging
- DS Smith
- Eltete TPM
- European Logistics Management
- M J Systems
- Monoflo International
- Myers Industries
- Outpace Packaging Solutions
- Viscount Plastics
- Weir & Carmichael
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by products
PART 07: Market segmentation by circulation methods
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/5qsw3g/global_returnable
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets