Transit Packaging Market

Transit Packaging Market: Europe will Become Most Remunerative Market for Transit Packaging by 2026-end: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

  • 2018-02-19
  • REP-GB-6370
  • 170 pages
  • PDF PPT EXCEL
 Transit Packaging Market

An Incisive, In-depth Analysis on the Transit Packaging Market

This study offers a comprehensive, 360 degree analysis on the Transit Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Transit 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 retail marketplace has been witnessing a revolution with rapid expansion of ecommerce, which in turn has transformed the landscape throughout the supply chain. The pick & pack ecommerce methodology utilizes an additional secondary packaging & load utilization, thereby leading to demand for secondary as well as protective transit packaging materials.

Surging trade activities along with robust demand from end-use industries have made the transit packaging management complex. This has further resulted into introduction and rapid adoption of efficient fleet management for enabling management of tracking and cleaning containers, fleet sizes, and maintenance activities, in order to offer safe and effective transportation of goods. Increasing emphasis on safety of products during transportation has led to development and adoption of corrugated boxes in transit packaging, as they facilitate recycling and are sustainable for the environment. Environmental issues have played a fundamental role in the selection, product design, and business practices associated with transit packaging. Large retailers now demand for less wasteful, more efficient packaging, and their motivation for employing “greener” packaging materials rows in tandem with environmental sensitivities of companies driving the marketplace for transit packaging.

According to a new Future Market Insights research report, a steady expansion has been slated for the global transit packaging market between the forecast period 2017 and 2026. Over US$ 200,000 Mn worth of transit packaging are poised to be sold worldwide by 2026-end.

Europe to Remain Fast-expanding Market for Transit Packaging

Robust production activities across various industries in Europe have resulted into huge adoption of transit packaging solutions, with food & beverage prevailing as the largest application area. Other factors including surging international trade, industrialization, and urbanization will further propel demand for transit packaging in Europe. Europe is anticipated to remain fast-expanding as well as become most remunerative market for transit packaging by 2026-end.

Cartons have been witnessing robust demand in the retail and consumer goods sector over the past few years. Utilization of cartons in storage and transportation of goods is key in modern logistics as it enables efficiency in terms of material handling. In terms of revenues, cartons will account for the largest market share during 2017 and 2026, based on packaging type.

Ecommerce, Pharmaceuticals & Third Party Logistics to Remain Dominant End Use Industries in the Market

Transit packaging solutions for ecommerce, pharmaceuticals and third party logistics are manufactured by employing high-tech equipment for preventing loose thread contamination and maintaining hygiene standards.  These three end use industries are expected to remain dominant in the global transit packaging market, in terms of revenues. Pharmaceuticals will remain the fast-expanding end use industry of transit packaging through 2026.

Polyurethane and paper & paperboard are expected to remain the most lucrative materials for production of transit packaging products, with sales poised to exhibit the highest CAGRs in the market through 2026.

Competition Tracking

Occupancy of a large number of local, regional, and multinational vendors has made the nature of the global transit packaging market highly fragmented, with regional players increasingly competing with international players through provision of innovative solutions at competitive prices. The international players however will retain their dominance in the market in terms of range of offerings, features, quality, and cost.

The market vendors are seeking wide scope for innovation, owing to growing demand from the pharmaceutical, food, fertilizer and chemical industries. International players are likely to expand inorganically in the foreseeable future through acquisition of local or regional players. Key participants fuelling growth of the global transit packaging market include SGS SA, Nefab AB, Eltete TPM Ltd., International Paper Co, Papier-Mettler KG, BEUMER Group GmbH & Co. KG, Deufol SE, Mondi Group PLC, Honeycomb Cellpack A/S, and Yinghua Plastic Products Co.

Surging trade activities and huge demand from various end-use industries have driven complications in the transit packaging management, which in turn has led demand for effective and efficient fleet management. Adherence to fleet management systems have enabled management of fleet sizes, cleaning and tracking containers, and maintenance activities, thereby resulting into safe and effective transportation of goods. These systems further take care of problems arising from repositioning of empty containers and container distribution, in turn enabling improvements in the operational efficiency, risk reduction, and cost control.

Future Market Insights has composed a new exhaustive research report titled, “Transit Packaging Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2026)”. The report engulfs present market scenario, and imparts future prospects of the global transit packaging market for the forecast period - 2017 to 2026. This comprehensive research report also encompasses key drivers, obstacles, trends and opportunities affecting rise of the global transit packaging market. An overall picture of global transit packaging market has been delivered by the report, in order to aid businesses that seek opportunities to make investments in the market.

Structure of the Report

The report delivers an exhaustive synopsis of global transit packaging market, with its first chapter titled “executive summary” that elucidates key nodes influencing the market growth. This chapter also illuminates influences that the market dynamics are likely to have on its growth in the forecast period. The report also submits figures related to CAGRs from historical as well as forecast point of view. A chapter titled “overview” in the report follows the executive summary, providing a clear picture of transit packaging market’s scope to readers of the report. The overview imparts a concise market introduction trailed by the definition of “transit packaging”. Chapters succeeding the overview elaborate imperative dynamics such as growth drivers, limitations and prospects observed in the market throughout the forecast period. These chapters also inundate in-depth insights associated with the global economy, bottom line of enterprises, and fiscal stimulus.

Market Taxonomy

A segmentation analysis delivered in the report submits insights on the global market for transit packaging. The market is characterized based on end use industries, packaging type, material type, and region. Analyses on the Y-o-Y growth comparison, market share comparison, and the revenue comparison in accordance with relevant market numbers has been delivered in this chapter. The global market for transit packaging has been divided regionally into Asia-Pacific excluding Japan, Europe, Middle East & Africa, Japan, Latin America, and North America.

Region

Material Type

Packaging Type

End Use Industries

  • North America

  • Polyethylene

  • Cartons

  • E-Commerce

  • Latin America

  • Polypropylene

  • Wooden crates

  • Automotive

  • Europe

  • Polyethylene Terephthalate

  • Containers

  • Building & Construction

  • Japan

  • Polyvinyl Chloride

  • Corrugated boxes

  • Chemicals

  • APEJ

  • Ethylene vinyl alcohol

  • Barrels

  • Food & Beverages

  • MEA

  • Polyurethane

  • Intermediate Bulk Containers

  • Electrical & Electronics

 

  • Paper & Paperboard

  • Strapping

  • Industrial Machinery and Equipment

 

  • Metal

  • Other Packaging Type

  • Pharmaceuticals

 

  • Wood

 

  • Third Party Logistics

 

 

 

  • Consumer Goods

Competition Landscape

This analytical research study on the global market for transit packaging is a complete package, including intelligence on active players underpinning the market growth. In this last chapter, which elucidates the market’s current and future competitive scenario, strategies being implemented by the players, along with information on their product overview, company overview, key developments, key financials, and SWOT analysis is rendered exhaustively by the report. Additionally, region-wide reach of these market players, future expansion plans, revenues, mergers & acquisition activities, and market shares have been elaborated in detail in this chapter. An intensity map employed in the report profiles the market players that are located across geographies.

Research Methodology

Credibility of researched statistics & data has been backed by a unique research methodology utilized by FMI’s analysts, for ensuring higher accuracy. This research report on global transit packaging market will assist its readers to gain detailed insights about many different aspects guiding the market across the regional segments comprised in the report. Readers of this report can further slate effective strategies for foraying the vital revenue pockets as well as gaining benefits over intensifying market competition. Information issued in the report is scrutinized as well as monitored by FMI’s industry experts. The figures and numbers that are offered in this report have been validated by analysts for facilitating the report readers in making strategic decisions.

Transit Packaging Market Reports - Table of Contents

Get in touch

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

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 Special Price Request Methodology