Returnable Transport Packaging Market

Returnable Transport Packaging (RTP) Market: Cost Optimization Strategies Adopted by Industry Leaders to Boost Consumption: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

  • 2019-02-28
  • REP-GB-4795
  • 40 Tables
  • 89 Figures
  • 238 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Returnable Transport Packaging Market

This study offers a comprehensive, 360 degree analysis on the Returnable Transport Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Returnable Transport Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The global returnable transport packaging market was valued at US$ 21,104.8 Mn in 2017, and is estimated to reach US$ 34,666.6 Mn, by 2028, registering a CAGR of around 4.7% during the forecast period, i.e. 2018-2028.

Returnable transport packaging (RTP) comprises of several packaging solutions like pallets & crates, drums, and dunnage bags. The key objective of returnable transport packaging is to provide safe and secure transportation of goods & products throughout the entire supply chain system. Returnable transport packaging solutions are used for the transportation of several goods from end-use industries like food & beverages, chemicals, building & construction, etc. In addition, returnable transport packaging is a reverse logistics system which helps in refining the supply chain.

Flourishing Intercontinental Trade is Fuelling the Demand for Returnable Transport Packaging Solutions

The growth in demand for returnable transport packaging solutions such as industrial drums, pallets, etc. is expected to result from the expanding intercontinental trade. Subsequently, the acceptance of returnable transport packaging has increased among industrial users. The returnable transport packaging market has constantly reflected the up-gradation in product design, which eventually increases the value for the end user. From old designs of wooden drums to improved and lightweight fiber drums, the global returnable transport packaging market is witnessing a transition.

Consumers from developed markets, as well as high-potential emerging markets, are opting for returnable transport packaging solutions. The global trade for industrial products has seen a 3x growth during the past decade. The demand is also anticipated to be driven by the increased use of larger, higher-valued returnable transport packaging, which certifies improved performance and reduced cost in the long run, as compared to smaller returnable transport packaging solutions which generally have shorter service lives.

Returnable Transport Packaging Solutions such as Flexible IBCs Fast Replacing Corrugated Boxes, in Large-volume Fresh Produce Exports

Exploring untapped regions for exports will create ample opportunities for the growth of the returnable transport packaging market. For example, Europe has a high quantity of fresh organic produce. Shipping of these organic products across several developing regions will require the use of returnable transport packaging like bulk bags, further strengthening the market in this region.

Flexible intermediate bulk containers (FIBCs) is a type of returnable transport packaging which is one of the most suitable options for the export of food products. FIBC bags are replacing corrugated boxes as they are more durable and lighter. The single-use property of returnable transport packaging solutions like FIBC bags eliminates the possibility of contamination and also eliminates the need for cleaning.

  • Conitex Sonoco USA Inc., a manufacturer of FIBCs, launched BulkSak, a web-enabled program which can provide access to a wide range of ready-to-ship FIBCs.

Smart Pallets & Crates Gaining Momentum in Cargo Tracking Applications

Smart pallets & crates comprise of radio frequency identification (RFID) microchips placed inside pallets and crates, to collect information in real time. These have advanced features such as product tracking, asset tracking, and inventory management. In the coming years, the need for smarter pallets & crates in the returnable transport packaging market is anticipated to increase as the supply chain becomes more automated.

Furthermore, the use of RFID tags, especially in plastic pallets and crates, to track a product is expected to gain traction in the returnable transport packaging market in the near future. Additionally, vendors have started using robots for processes such as nailing, dismantling, and repair of pallets and crates.

Key Developments in the Global Returnable Transport Packaging Market

  • Manufacturers in the returnable transport packaging market are actively focusing on increasing the global footprint of returnable transport packaging solutions through acquisitions.

  • Several manufacturers are adopting an acquisition strategy for their market expansion.

    • Craemer Holding GmbH acquired Telford Factory in the U.K. to increase its pallet production capacity

    • Mauser Packaging Solutions announced the acquisition of Engineered Recycling Company, LLC (ERC), a plastic manufacturer 

  • Manufacturers in the returnable transport packaging market are considering expansion by improving their manufacturing and sales facilities.

  • Greif, Inc. deployed 3,000 new trailers to serve its customers throughout North America

  • Mauser Packaging Solutions announced the start of three new production lines in St Priest, France by 2017

Competitive Landscape Analysis

Key players profiled in the report on the global returnable transport packaging market include – Greif, Inc., Brambles Limited, Mauser Packaging Solutions, Schoeller Allibert Services B.V, DS Smith Plc, Time Technoplast Ltd., Berry Global, Inc, Cordstrap B.V, Schuetz GmbH & Co. KGaA, Supreme Industries Limited, PalletOne, Inc, Balmer Lawrie & Co. Ltd., Craemer Holding GmbH, Cabka Group GmbH, Bulk Lift International, Inc, Thielmann US LLC, TranPak, Inc, Rehrig Pacific Company, Inc., Myers Industries, Inc., and Snyder Industries, Inc.

The global returnable transport packaging market has several unorganized and local players. Moreover, the returnable transport packaging market has witnessed the trend of rental and pooling business over the past few years.

In this report, Future Market Insights (FMI) offers a 10-year forecast of the global returnable transport packaging market between 2018 and 2028. In terms of value, the global returnable transport packaging market is expected to expand at a CAGR of 4.7% during the forecast period. The study reveals market dynamics in seven geographic segments along with returnable transport packaging market analysis for the current market environment and future scenario over the forecast period.

Report Description

This Future Market Insights report studies the global returnable transport packaging market for the period 2018–2028. The prime objective of global returnable transport packaging market is to offer insights and key market trends pertaining to the global returnable transport packaging market that are gradually helping transform global businesses.

The global returnable transport packaging market report begins with the executive summary for various categories and their share in the returnable transports market. It is followed by market dynamics and overview of the global returnable transport packaging market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of the returnable transport packaging market. Furthermore, to understand the popularity of the market segment, the attractiveness index and BPS analysis with elaborated insights on the same are provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To show the performance of the returnable transport packaging market in each country and region, BPS and Y-o-Y growth analysis of returnable transport packaging are provided.

The global market for returnable transport packaging is further segmented as per product type, material type, and by end-use industry. On the basis of product type, the global returnable transport packaging market is segmented into IBC, pallets, plastic crates, layer pads, drums, and dunnage bags. IBC is further sub-segmented into rigid and flexible. Pallets is further sub-segmented into wood, plastic, and metal. Drums is further sub-segmented into plastic, metal, and fiber. On the basis of material type, the global returnable transport packaging is further sub-segmented into metal, plastic, paper, and wood. On the basis of end-use industry, the global returnable transport packaging is segmented into building & construction, food & beverage, chemical, retail, industrial, and logistics.

The next section of the report highlights the returnable transport packaging market, by region, and provides the market outlook for 2018–2028. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional returnable transport packaging market. Main regions assessed in the report global returnable transport packaging market include North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA). The global returnable transport packaging market evaluates the present scenario and growth prospects of the regional returnable transport packaging market for 2018–2028.

To ascertain the market size in terms of value and volume, the revenue generated by the key manufacturers of returnable transport packaging and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the returnable transport packaging market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the returnable transport packaging market is expected to develop in the future. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze returnable transports packaging market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the returnable transport packaging market and identify the right opportunities across the market.

The market segment for global returnable transport packaging market has been analyzed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important to identify various key trends in the returnable transport packaging market. Another key feature of the global returnable transport packaging market is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the returnable transport packaging market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report titled global returnable transport packaging market.

To understand key growth segments in terms of growth and adoption for returnable transport globally, Future Market Insights developed the returnable transport packaging market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities in global returnable transport packaging market.

In the final section of the report on returnable transport packaging, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in the total returnable transport packaging market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth evaluation of their capabilities and success in the returnable transport packaging marketplace.

Detailed profiles of companies of global returnable transport packaging market are also included in the report to evaluate their strategies, key product offerings, and recent developments. Key manufacturers operating in the returnable transport packaging market include Greif, Inc. , Brambles Limited , Mauser Packaging Solutions , Schoeller Allibert Services B.V, DS Smith Plc , Time Technoplast Ltd. , Berry Global, Inc, Cordstrap B.V, Schuetz GmbH & Co. KGaA , Supreme Industries Limited , PalletOne, Inc, Balmer Lawrie & Co. Ltd. , Craemer Holding GmbH , Cabka Group GmbH , Bulk Lift International, Inc, Thielmann US LLC , TranPak, Inc, Rehrig Pacific Company, Inc. , Myers Industries, Inc, and Snyder Industries, Inc.

Key Segments Covered

By product type, the global returnable transport packaging market is segmented as:

  • IBC

    • Rigid

    • Flexible

  • Pallets

    • Wood

    • Plastic

    • Metal

  • Plastic Crates

  • Layer Pads

  • Drums

    • Plastic

    • Metal

    • Fiber

  • Dunnage Bags

By material type, the global returnable transport packaging market is segmented as:

  • Metals

  • Plastics

  • Papers

  • Wood

By end-use industry, the global returnable transport packaging market is segmented as:

  • Building & Construction

  • Food & Beverages

  • Chemicals

  • Retail

  • Industrial

  • Logistics

Regional analysis of returnable transport packaging market is presented for following market segments:

  • North America

    • U.S.

    • Canada 

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of Latin America 

  • Europe

    • Germany

    • Italy

    • France

    • Spain

    • U.K.

    • Benelux

    • Nordic

    • Russia

    • Poland

    • Rest of Europe 

  • South Asia

    • India

    • Thailand

    • Indonesia

    • Malaysia

    • Rest of South Africa 

  • East Asia

    • China

    • India

    • South Korea

    • Rest of East Asia 

  • Oceania

    • Australia

    • New Zealand 

  • MEA

    • GCC

    • Turkey

    • Northern Africa

    • South Africa

    • Rest of MEA

COVID -19 : Impact Analysis

Request the coronavirus impact analysis across industries and markets

Request Covid -19 Impact

Get in touch

Harish Tiwari

Global Head - Business Development

Akshay Godge

Client Partner - Global Business Development

Our Clients


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 Special Price Request Methodology