The prominent players in the Returnable Packaging Business market are Brambles (Australia), Schoeller Allibert (Netherlands), Menasha Corporation (US), DS Smith (UK), Myers Industries (US), Nefab Group (Sweden), Rehrig Pacific Company (US), IPL Plastics (Ireland), Schutz GmbH & Co. KGaA (Germany), and Vetropack Holding (Switzerland) among others.
For the purpose of analysis, the global Returnable Packaging Business Market has been divided on the basis of four segments: material, product type, end-use, and region. On the basis of material, the market has been segmented into plastic, metal, wood, and others. Under the material segment, plastic accounts for the largest market share. Plastic Returnable Packaging Business is preferred due to their extensive flexibility, reusability and cost effectiveness.
On the basis of end-use, the market has been segmented as automotive, food & beverages, pharmaceuticals & healthcare, and consumer goods. Automotive dominates the end-use segment and is expected to grow at a highest CAGR during the forecast period. Increased us of returnable containers by automotive manufactures to transport different parts of automotive components to suppliers and the need for cost reduction for automotive manufactures to handle competition are the factors driving the growth of the market. Food & beverages segment is also expected to contribute significantly during the forecast period mainly due to increase in demand for storage and transportation of bulk food products and various beverages.
Scope of the Report
This study provides an overview of the global Returnable Packaging Business market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Returnable Packaging Business market by material, by capacity, by end use, and by region.
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