Returnable Transport Packaging Market size to grow by USD 3,439.74 million from 2022 to 2027, North America to account for 30% of the market growth - Technavio

NEW YORK, April 20, 2023 /PRNewswire/ -- The returnable transport packaging market size is estimated to grow by USD 3,439.74 million from 2022 to 2027, growing at a CAGR of 7.37%. North America is estimated to account for 30% of the global market growth during the forecast period. RTP container has a special internal design to protect the products inside from breakage and damage. With these products, suppliers and customers can ensure robust, undamaged packaging and reduce the risk of goods being stolen or damaged during transit. Returnable transport packaging products can be utilized by any industry, considering a wide variety of sizes, shapes, and material structures. Steel racks, bulk containers, pallets, drums and barrels, and sleeve boxes and packs are some RTP products that companies can use efficiently in their production lines. Additionally, the carbon footprint can be reduced by decreasing plastic waste when containers are outfitted with custom dunnage. Hence, such factors are expected to contribute to the growth of the regional market during the forecast period. For comprehensive details on the market size of historic period (2017 to 2021) and forecast period (2023-2027) - View a sample report

Returnable Transport Packaging Market - Vendor Landscape
The returnable transport packaging market is fragmented; the vendors are competing with each other and are trying to get a higher market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning, technological advances, and the price of the products.

Company Profiles

The returnable transport packaging market report includes information on the product launches, sustainability, and prospects of leading vendors, including Balmer Lawrie and Co. Ltd., Berry Global Inc., Brambles Ltd., Bulk Lift International LLC, BWAY Corp., CABKA Group GmbH, CORDSTRAP BV, Craemer GmbH, DS Smith Plc, Greif Inc., Myers Industries Inc., Rehrig Pacific Co., Schoeller Allibert BV, SCHUTZ GmbH and Co. KGaA, Tank Holding Corp., The Supreme Industries Ltd., Thielmann Portinox Spain SA, Time Technoplast Ltd., TranPak Inc., and Amatech Inc.

Returnable Transport Packaging Market - Market Dynamics

Major Drivers & Challenges- The market is driven by factors such as long-term cost-saving opportunities for buyers, the growing global e-commerce market, and the increase in electronic components trade between India and China. However, the threat from the leasing market is hindering market growth.

A major driver for the RTP market is the long-term cost-saving opportunities for buyers. Most products are made of lightweight plastic, which saves shipping costs. Average distribution costs as a percentage of global logistics costs in 2019 increased by about 3% compared to the previous year. Additionally, most transportation is overland, especially in developing countries such as India. As a result, the demand for RTP products is expected to rise during the forecast period due to the advantages of lightweight and space-saving during transportation.

A major challenge hampering the growth of the RTP market is the threat from the leasing market. RTP product leasing is expected to have an adverse impact on the demand for new product sales, as leasing helps end-users reduce the operational costs of purchasing and maintaining these products. In addition, leasing offers significant tax benefits compared to purchasing new RTP products. Hence, SMEs in APAC are expected to prefer leasing instead of buying their RTP products. This affects the demand for newly manufactured RTP products. Hence, the threat from the leasing market will hinder the growth of the global returnable transport packaging market during the forecast period.

Key Trends - The increasing adoption of RTP products will provide opportunities for market players to grow. RTP products such as pallets and containers are equipped with RFID technology to monitor, control, and track the physical condition of products throughout the supply chain. RFID-enabled pallets can be tracked from production units through distribution centers to retail stores and prevent pallets from being stolen or misplaced. The supply chain transparency is also improved by the RFID tracking technology system embedded in the pallets. Therefore, such advances in RTP products are expected to boost the growth of the global returnable transport packaging market during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View a Sample Report

Returnable Transport Packaging Market - Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others.

Returnable Transport Packaging Market - Market Segmentation

This report extensively covers market segmentation by product (containers, pallets, drums and barrels, and others), material (plastic, wood, metal, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America). 

• The market share growth of the containers segment is expected to be significant during the forecast period. This segment has various product categories, including stacking nest boxes, reusable plastic crates, and bulk crates, widely used in retail warehouses, and poultry farms, among others. Major demand for products in the containers segment is driven by the retail sector. For instance, in developed countries such as the US, the organized retail sector accounted for a share of around 85% of the retail industry in 2020. 

To get insights about the impact of different segments on the market growth, request a sample report!

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global returnable transport packaging market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global returnable transport packaging market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Material Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Material Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Containers - Market size and forecast 2022-2027
• Exhibit 34: Chart on Containers - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Containers - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Containers - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Containers - Year-over-year growth 2022-2027 (%)

• 6.4 Pallets - Market size and forecast 2022-2027
• Exhibit 38: Chart on Pallets - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Pallets - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Pallets - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Pallets - Year-over-year growth 2022-2027 (%)

• 6.5 Drums and barrels - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Drums and barrels - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Drums and barrels - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Drums and barrels - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Drums and barrels - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 50: Market opportunity by Product ($ million)
• Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Material

• 7.1 Market segments 
• Exhibit 52: Chart on Material - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Material - Market share 2022-2027 (%)

• 7.2 Comparison by Material 
• Exhibit 54: Chart on Comparison by Material
• Exhibit 55: Data Table on Comparison by Material

• 7.3 Plastic - Market size and forecast 2022-2027
• Exhibit 56: Chart on Plastic - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Plastic - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Plastic - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Plastic - Year-over-year growth 2022-2027 (%)

• 7.4 Wood - Market size and forecast 2022-2027
• Exhibit 60: Chart on Wood - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Wood - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Wood - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Wood - Year-over-year growth 2022-2027 (%)

• 7.5 Metal - Market size and forecast 2022-2027
• Exhibit 64: Chart on Metal - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Metal - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Metal - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Metal - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Material 
• Exhibit 72: Market opportunity by Material ($ million)
• Exhibit 73: Data Table on Market opportunity by Material ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Balmer Lawrie and Co. Ltd. 
• Exhibit 127: Balmer Lawrie and Co. Ltd. - Overview
• Exhibit 128: Balmer Lawrie and Co. Ltd. - Business segments
• Exhibit 129: Balmer Lawrie and Co. Ltd. - Key offerings
• Exhibit 130: Balmer Lawrie and Co. Ltd. - Segment focus

• 12.4 Berry Global Inc. 
• Exhibit 131: Berry Global Inc. - Overview
• Exhibit 132: Berry Global Inc. - Business segments
• Exhibit 133: Berry Global Inc. - Key news
• Exhibit 134: Berry Global Inc. - Key offerings
• Exhibit 135: Berry Global Inc. - Segment focus

• 12.5 Brambles Ltd. 
• Exhibit 136: Brambles Ltd. - Overview
• Exhibit 137: Brambles Ltd. - Business segments
• Exhibit 138: Brambles Ltd. - Key offerings
• Exhibit 139: Brambles Ltd. - Segment focus

• 12.6 BWAY Corp. 
• Exhibit 140: BWAY Corp. - Overview
• Exhibit 141: BWAY Corp. - Product / Service
• Exhibit 142: BWAY Corp. - Key offerings

• 12.7 CABKA Group GmbH 
• Exhibit 143: CABKA Group GmbH - Overview
• Exhibit 144: CABKA Group GmbH - Product / Service
• Exhibit 145: CABKA Group GmbH - Key offerings

• 12.8 CORDSTRAP BV 
• Exhibit 146: CORDSTRAP BV - Overview
• Exhibit 147: CORDSTRAP BV - Product / Service
• Exhibit 148: CORDSTRAP BV - Key offerings

• 12.9 Craemer GmbH 
• Exhibit 149: Craemer GmbH - Overview
• Exhibit 150: Craemer GmbH - Product / Service
• Exhibit 151: Craemer GmbH - Key offerings

• 12.10 DS Smith Plc 
• Exhibit 152: DS Smith Plc - Overview
• Exhibit 153: DS Smith Plc - Business segments
• Exhibit 154: DS Smith Plc - Key news
• Exhibit 155: DS Smith Plc - Key offerings
• Exhibit 156: DS Smith Plc - Segment focus

• 12.11 Greif Inc. 
• Exhibit 157: Greif Inc. - Overview
• Exhibit 158: Greif Inc. - Business segments
• Exhibit 159: Greif Inc. - Key offerings
• Exhibit 160: Greif Inc. - Segment focus

• 12.12 Schoeller Allibert BV 
• Exhibit 161: Schoeller Allibert BV - Overview
• Exhibit 162: Schoeller Allibert BV - Product / Service
• Exhibit 163: Schoeller Allibert BV - Key offerings

• 12.13 SCHUTZ GmbH and Co. KGaA 
• Exhibit 164: SCHUTZ GmbH and Co. KGaA - Overview
• Exhibit 165: SCHUTZ GmbH and Co. KGaA - Product / Service
• Exhibit 166: SCHUTZ GmbH and Co. KGaA - Key offerings

• 12.14 The Supreme Industries Ltd. 
• Exhibit 167: The Supreme Industries Ltd. - Overview
• Exhibit 168: The Supreme Industries Ltd. - Business segments
• Exhibit 169: The Supreme Industries Ltd. - Key offerings
• Exhibit 170: The Supreme Industries Ltd. - Segment focus

• 12.15 Thielmann Portinox Spain SA 
• Exhibit 171: Thielmann Portinox Spain SA - Overview
• Exhibit 172: Thielmann Portinox Spain SA - Product / Service
• Exhibit 173: Thielmann Portinox Spain SA - Key offerings

• 12.16 Time Technoplast Ltd. 
• Exhibit 174: Time Technoplast Ltd. - Overview
• Exhibit 175: Time Technoplast Ltd. - Business segments
• Exhibit 176: Time Technoplast Ltd. - Key offerings
• Exhibit 177: Time Technoplast Ltd. - Segment focus

• 12.17 TranPak Inc. 
• Exhibit 178: TranPak Inc. - Overview
• Exhibit 179: TranPak Inc. - Product / Service
• Exhibit 180: TranPak Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
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SOURCE Technavio