Returnable Plastic Crates Market

2019 Analysis and Review of Returnable Plastic Crates Market by Product Type - Stackable, Nestable, and Collapsible for 2019 - 2029

  • 2018-06-25
  • REP-GB-6050
  • 95 Figures
  • 197 pages
  • PDF PPT EXCEL
Returnable Plastic Crates Market
  • SELECT LICENSE :

  • US$5,000
  • US$7,500
  • US$10,000

Returnable Plastic Crates Market to Surge 1.7x through 2029

The packaging industry all over the world is undergoing tremendous transformation in the view of ever-changing consumer and end user demand. With rigid and flexible plastic packaging solutions replacing traditional packaging formats, the global revenue of the returnable plastic crates (RPC) market will surpass US$ 2 Bn in 2026. Market growth would also be supported by increasing consumption of packed food and beverages. This recently published FMI report reveals that, the sales of RPCs are likely to expand 1.7x over 2019-2029.

Frequently Asked Questions about Global Returnable Plastic Crates Market

Which application area holds potential growth opportunities for market players?

The agriculture sector is expected to offer lucrative opportunities, attributable to the growing demand for returnable plastic crates for the bulk packaging of fresh produce and horticulture products.

What are the future prospects of the returnable plastic crates market?

There will be a slight increase in the demand for returnable plastic crates over the next decade, on the back of impressive growth in the agriculture sector. Increasing transportation of seafood, meat, and poultry in developing nations is also expected to offer better growth prospects to players in the global returnable plastic crates market.

Which region will dominate the global returnable plastic crates market?

North America and Western Europe are expected to dominate the returnable plastic crates market during the forecast period of 2019-2029. Rapid growth and penetration of supermarkets, hypermarkets, and retail distributors that serve better packaged goods in these regions are vital factors that are boosting market growth in these mature markets.

What is the degree of competition in the returnable plastic crates market?

Companies such as Brambles Limited, Supreme Industries Limited, Schoeller Allibert Services B.V., and DS Smith PLC are big market players in the global returnable plastic crates market, and are expected to continue dominating the market with their wide product portfolios.

Which type of returnable plastic crates will register the highest sales in the next five years?

Nestable returnable plastic crates are expected to witness the highest sales in terms of value as well as volume in the global market, attributable to features such as efficient use of floor area, lightweight, sturdiness, and cost-effectiveness.

What are the future growth opportunities for players offering returnable plastic crates in developing markets?

China and India are anticipated to emerge as the largest and fastest-growing countries in the agriculture sector in Asia Pacific. Players in the returnable plastic crates market can target these countries to gain a substantial market share.

Nestable Plastic Crates Remain Best-selling

Among the various varieties of returnable plastic crates, the nestable version continues to remain in-demand, with a market value share of nearly 50%. The attributes of lightweight, cost-efficiency, and easy handling of nestable plastic crates are responsible for their unprecedented demand growth in the near future. Further, stackable plastic crates are also witnessing increasing market share owing to their space-effective quotient.

Developed Regional Markets Hold 60% Share

North America and Western Europe lead the pack in the global returnable plastic crates market, with collective share of about 60% of total revenues. These developed regions continue to garner huge stakeholder attention on the back of strong presence of enhanced logistics & supply chains for the booming fast-moving consumer goods (FMCG) and packaged food sectors. Market penetration in Asia Pacific excluding Japan (APEJ) remains the focal point for players in the returnable plastic crates market, as the region is the global leader of the packaging industry.

* This data is only a representation. Actual data may vary and will be available in report.

Developed Regional Markets Hold 60% Share
Developed Regional Markets Hold 60% Share
Developed Regional Markets Hold 60% Share
Developed Regional Markets Hold 60% Share
  • 2014
  • 2018
  • 2022
  • 2029
  • Arrow

Exploring Growth Opportunities in Dairy Industry

Retailers and distributors in the global dairy industry bank on rigid packaging formats for bulk transportation of packaged milk and other dairy products. Returnable plastic crates such as nestable crates, stackable crates, and collapsible crates allow transportation with minimum hassles, and offer enhanced protection to products. Manufacturers should tap this opportunistic growth potential in the dairy industry, especially in countries – India, and the US - which are the leading milk producers, worldwide.

35-50 kg remains e preferred capacity

Increasing demand for 10-20 kg crates

 

High demand for nestable

Stackable to gain momentum

 

HDPE accounts for significant share

PP observes moderate adoption

 

Agriculture remains top application area

Demand from seafood and meat on rise

 

How Growth will Unfold

Returnable plastic crates made from high-density polyethylene (HDPE) continue to capture noteworthy portion of the total sales. As HDPE carries the benefits of high impact resistance and sturdy UV barrier, as well as ensures economical storage and transportation, manufacturers are focusing on this polymer material. While HDPE crates account for around 65% of revenue share, the adoption of polypropylene (PP) and other materials will remain steady throughout the forecast period.

Returnable Plastic Crates Market Returnable Plastic Crates Market Returnable Plastic Crates Market

* This data is only a representation. Actual data may vary and will be available in report.

Click Here To Know How The Growth Will Unfold

Custom Market Research Services

FMI offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

Overview

Returnable Plastic Crates Market Taxonomy

What's Included

Returnable Plastic Crates Market Reports - Table of Contents

To Learn More About our Comprehensive Perspective on Returnable Plastic Crates Market ,

Get in touch

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Client Partner - Global Business Development

* indicates mandatory fields

CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Methodology