DUBLIN, Dec 3, 2018 /PRNewswire/ --
The "Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global returnable packaging market is projected to reach USD 51.22 billion by 2023, at a CAGR of 6.2% from 2018.
Returnable packaging is an environment-friendly and cost-effective alternative to one-way packaging products. This method is generally used by manufacturers/processors and their suppliers/customers in an organized supply chain with closely managed shipping loops. Returnable packaging is manufactured from durable materials such as plastics, wood, or metal and is designed to withstand rough handling of a typical logistics system.
In comparison to one-way packaging, returnable packaging offers numerous benefits in terms of economic benefits which include direct savings in packaging purchase and disposal cost; appealing aesthetics; and durability. Returnable packaging is widely used in the automotive, food & beverage, consumer durables, and healthcare industries.
In 2017, Europe accounted for the largest share of 44.0%, in terms of value, of the returnable packaging market. The growth of the market in this region can be attributed to the growing end-use industries, the shifting trend towards sustainable packaging, stringent regulations on packaging disposal, and the presence of key returnable packaging manufacturers in the region.
Increasing concerns about packaging disposal and the need to lower the environmental impact, strong demand for returnable packaging from end-use industries, and the need for sustainable & cost-effective packaging solutions are some of the major factors expected to drive the returnable packaging market. Rising demand from emerging economies and increasing R&D investments by the manufacturers offer growth opportunities to the market. However, varying environmental mandates across regions and an unfavorable cost-to-benefit ratio for small manufacturers act as a challenge in the growth of the returnable packaging market.
The studied market is segmented based on product type, material, end-use industry, and region. By product type, the returnable packaging market is segmented into pallets, crates, Intermediate Bulk Containers (IBCs), drums & barrels, bottles, dunnage, and others. Based on material, the market is segmented into plastic, metal, wood, glass, and foam. By end-use industry, the market is segmented into automotive, food & beverage, consumer durables, healthcare, and others.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.5 Research Assumptions
2.6 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Returnable Packaging Market
4.2 Europe: Returnable Packaging Market, By Product Type & Country
4.3 Returnable Packaging Market, By Product Type
4.4 Returnable Packaging Market, By Material
4.5 Returnable Packaging Market, By End-Use Industry
4.6 Returnable Packaging Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Urban Population
5.2.1.2 Strong Demand for Returnable Packaging From End-Use Industries
5.2.1.3 Benefits of Returnable Packaging
5.2.1.4 High Optimization in Pack Size
5.2.2 Opportunities
5.2.2.1 Emerging Economies
5.2.2.2 Increasing R&D Investments
5.2.3 Challenges
5.2.3.1 Varying Environmental Mandates Across Regions
5.2.3.2 Cost-To-Benefit Ratio A Concern to Small Manufacturers
5.2.3.3 Challenges in the Management of the Packaging Supply Chain
6 Returnable Packaging Market, By Product Type
6.1 Introduction
6.2 Pallets
6.2.1 Pallets to Be the Largest Segment of the Returnable Packaging Market
6.3 Crates
6.3.1 Food & Beverage Industry to Drive the Returnable Packaging Market
6.4 Intermediate Bulk Containers (IBC)
6.4.1 Expansion of Commodity Trade in the Developing Economies is Expected to Drive the IBC's Market
6.5 Dunnage
6.5.1 Rising Demand for Safe Mode of Packaging Fuels the Usage of Dunnage
6.6 Drums & Barrels
6.6.1 Increasing Usage of Drums & Barrels in Food and Chemical Industries is Expected to Boost Its Demand
6.7 Bottles
6.7.1 Rising Consumer Awareness Reagrding Sustainable Packaging is Driving the Demand for Reusable Bottles
6.8 Others
6.8.1 Others Segment is Expected to Grow at A Stagnant Rate During the Forecast Period
7 Returnable Packaging Market, By Material
7.1 Introduction
7.2 Plastic
7.2.1 Plastic to Hold the Largest Market Share Through 2023
7.3 Metal
7.3.1 Superior Properties of Metal Contributes Towards Its Second Leading Share in Returnable Packaging
7.4 Wood
7.4.1 Wood to Grow at the Highest CAGR, in Terms of Volume
7.5 Glass
7.5.1 Shift Towards Reusable Glass Bottles From Plastic and Metal is Expected to Drive the Demand of Glass for Retunable Packaging
7.6 Foam
7.6.1 Demand for Fragile Products is Expected to Drive the Foam Packaging Market
8 Returnable Packaging Market, By End-Use Industry
8.1 Introduction
8.2 Automotive
8.2.1 Automotive Industry to Lead the Demand for Returnable Packaging
8.3 Food & Beverages
8.3.1 Food & Beverages Industry to Grow at the Highest CAGR
8.4 Consumer Durables
8.4.1 Rising Demand for Safe and Secure Packaging to Drive Returnable Packaging Application in Consumer Durables
8.5 Healthcare
8.5.1 Increasing Need for Additional Level of Protection in Healthcare Products to Boost Returnable Packaging Application in Healthcare
8.6 Others
8.6.1 Returnable Packaging Plays an Important Role in the Supply Chain of Construction Products
9 Returnable Packaging Market, By Region
9.1 Introduction
9.2 Europe
9.2.1 Germany
9.2.1.1 Germany to Dominate the Returnable Packaging Market in Europe
9.2.2 France
9.2.2.1 France to Be the Second-Largest Market for Returnable Packaging in Europe
9.2.3 UK
9.2.3.1 Increasing Demand for Sustainable Packaging From the Food & Beverages Industry to Support the Growth of Returnable Packaging Market in the UK
9.2.4 Spain
9.2.4.1 Demand for Industrial Bulk Containers is Expected to Increase at A Faster Pace in Spain, in Terms of Value
9.2.5 Russia
9.2.5.1 Strict Government Regulations Regarding Sustainability to Support Returnable Packaging in Russia
9.2.6 Rest of Europe
9.2.6.1 Pallets to Remain the Largest Segment of the Returnable Packaging Market in Rest of Europe
9.3 North America
9.3.1 US
9.3.1.1 The US is the Largest Country-Level Market for Returnable Packaging, Globally
9.3.2 Canada
9.3.2.1 Favorable Free Trade Agreements and Growing Automotive Industry to Support the Canadian Returnable Packaging Market
9.3.3 Mexico
9.3.3.1 Rapidly Growing End-Use Industries to Drive Returnable Packaging Market in Mexico
9.4 Asia Pacific
9.4.1 China
9.4.1.1 China to Be the Fastest Growing Country in the Asia Pacific Returnable Packaging Market
9.4.2 Japan
9.4.2.1 Japan to Have the Second Largest Share in the Asia Pacific Returnable Packaging Market
9.4.3 Australia
9.4.3.1 Increasing Number of Food Manufacturing Activities to Drive Returnable Packaging Market in Australia
9.4.4 India
9.4.4.1 Growing End-Use Industries to Support Returnable Packaging Market in India
9.4.5 Rest of Asia Pacific
9.4.5.1 IBCs to Be the Fastest Growing Segment of the Returnable Packaging Market in Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 UAE
9.5.1.1 UAE to Have the Largest Share in the Middle East & Africa Returnable Packaging Market, in Terms of Value
9.5.2 Saudi Arabia
9.5.2.1 Saudi Arabia to Grow at the Highest CAGR During the Forecast Period
9.5.3 Turkey
9.5.3.1 Pallets to Remain the Largest Segment of the Returnable Packaging Market in Turkey
9.5.4 South Africa
9.5.4.1 Growing Industrialization and Urbanization to Support the Growth of Returnable Packaging Market in South Africa
9.5.5 Rest of Middle East & Africa
9.5.5.1 IBCs to Be the Fastest Growing Segment of the Returnable Packaging Market in Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.1.1 Brazil to Be the Largest Market for Returnable Packaging in South America
9.6.2 Argentina
9.6.2.1 Developing FMCG and Automotive Industries to Drive the Returnable Packaging Market in Argentina
9.6.3 Rest of South America
9.6.3.1 Pallets to Remain the Largest Segment of the Returnable Packaging Market in Rest of South America
10 Competitive Landscape
10.1 Overview
10.2 Market Ranking
10.3 Competitive Scenario
10.3.1 Expansions, Investments, and Divestitures
10.3.2 New Product Development
10.3.3 Mergers & Acquisitions
10.3.4 Partnerships, Agreements, and Joint Ventures
11 Company Profiles
11.1 Brambles
11.2 Schoeller Allibert
11.3 Menasha Corporation
11.4 DS Smith
11.5 Myers Industries
11.6 Nefab Group
11.7 Rehrig Pacific Company
11.8 IPL Plastics
11.9 Schtz GmbH & Co. KGaA
11.10 Vetropack Holding
11.11 Other Players
11.11.1 Amatech Inc.
11.11.2 Reusable Transport Packaging
11.11.3 Monoflo International
11.11.4 Mjsolpac Ltd.
11.11.5 Cabka Group
11.11.6 UFP Technologies
11.11.7 Plasmix Private Ltd.
11.11.8 Ckdpack Packaging Inc.
11.11.9 Multipac Systems
11.11.10 Tri-Wall Limited
11.11.11 GWP Group
11.11.12 Wiegand-Glas GmbH
11.11.13 Mpact Limited
11.11.14 Toyo Glass Co., Ltd.
11.11.15 RPP Containers
For more information about this report visit https://www.researchandmarkets.com/research/2ckjmz/global_returnable?w=5
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