The global transit packaging market is forecast to grow at a CAGR of 4.45% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Adoption of fleet management systems will be a key trend for market growth. Transit packaging management is complicated because of increased trade activities and high demand from diverse industries such as food and beverages, consumer care, electrical and electronics, and many more.
In addition, it includes container distribution, fleet sizing, repositioning of empty containers, tracking containers, and maintenance activities. These issues can be solved using fleet management techniques, in turn improving operational efficiency, minimizing risk, and controlling cost.
According to the report, the increased demand from the chemicals and petroleum industries is a major growth driver. Shale gas, from which natural gas is extracted, is produced in high quantities in the US. This gas acts as a feedstock in the production of other chemicals.
The availability of abundant low-cost feedstock is attracting a lot of investors in the chemicals industry, which is fueling the production of myriad chemicals worldwide. This burgeoning industry has its own set of needs for packaging and transportation to the points of sale and end-markets.
- 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?
- Pratt Industries
- Smurfit Kappa
- DS Smith
- GWP Packaging
- International Paper
- OIA Global
- Saxon Packaging
- Svenska Cellulosa Aktiebolaget
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 end-users
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/bslvgn/global_transit
Related Topics: Packaging
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