Implemented first by the automotive industry, Returnable Transport Packaging (RTP) solutions have evolved and expanded appreciably. With today's market at slightly over $5 billion, RTP solutions are used in supply chains for almost every industry sector including grocery, food pressing, beverages, pharmaceutical, and electronics.
A key benefit of using RTP is cost-savings. In medium and long-term timescale, switching from traditional packaging to RTP can bring businesses significant savings.
The global economic crisis which began in 2008 has impacted almost every industry sector. Consumers spend less and the competition on the market is stronger than ever. In this climate, companies are revising their business practices to find savings. The attention is often turned to the supply chain. As a result, the RTP market remains strong in spite of the economic turndown.
The drive for RTP solutions is also supported by growing social expectations for companies to introduce sustainable business practices. Customers expect businesses to operate in an environmentally friendly manner, as well as to provide their employees with safe working conditions. RTP products are a great answer to these expectations - they contribute to waste reduction; they are ergonomic and safe to handle. By implementing an RTP system, a company can promote itself as an environmentally and socially responsible business.
Returnable transport packaging also presents a practical and convenient option to stay in line with increasing compliance requirements introduced in recent years by numerous industries.
Returnable Transport Packaging (RTP) entails packaging solutions used for transport of goods that are designed for reuse within a supply chain, such as: pallets, containers, bins, boxes and totes, bulk containers, bins, intermediate bulk containers, dollies, racks, protective dunnage, sleep sheets and others.
The current market for returnable transport packaging is a dynamic one, with several new products introduced in the last few years. At the core of innovations is improved design, product safety and ergonomics.
RTP products are supported by noticeable advancements in logistic services, including sophisticated product tracking systems.
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