Global Returnable Packaging Industry Size

Global Returnable Packaging Market worth $141.7 billion by 2026

The report "Global Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, and Region - Global Forecast to 2026" The market is anticipated to rise as a result of an increase in demand from various end-use industries for sustainable and long-lasting packaging goods. Products for returnable or reusable packing are constructed from strong materials including metal, plastic, and wood. They are meant for several travels and are built to endure rigorous treatment throughout the supply chain. Compared to disposable packaging, the initial cost of such items is significantly higher; but, as the number of travels increases, the cost per trip decreases, ensuring a quick return on investment.

Browse 96 market data Tables and 36 Figures spread through 161 Pages and in-depth TOC on "Global Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, and Region - Global Forecast to 2026 "
View detailed Table of Content here -

Pallets segment is estimated to lead the returnable packaging market.

The returnable packaging market is segmented on the basis of product type into pallets, crates, IBCs, dunnage, drums & barrels, bottles, and others, which include racks, sacks, carts, and dollies. Pallets segment is projected to lead the returnable packaging market. The segment expansion is anticipated to be aided by the increased preference for many reusable pallets over a single disposable pallet since the former is robust and practical. The 40 by 48-inch Odyssey Pallet was added to the family of rackable plastic pallets by Orbis Corporation in September 2020. In addition to its existing line of plastic pallet products, the new pallet is developed for use in heavy-duty racking applications. With its distinctive design characteristics, such as molded-in frictional elements and optional steel reinforcements, the aforementioned pallet gives stability and a strong solution that aids in large loads.

Consumer durables is projected to be the fastest-growing segment in the returnable packaging market.

The consumer durables segment is expected to grow at the highest CAGR from 2021 to 2026. The consumer durables industry also requires tamper-evidence packaging that can also add aesthetic appeal to products. Returnable packaging, being reusable in nature, is widely used in the consumer durables industry owing to its ability to enhance the ergonomics and productivity of packaged products, ensure maintenance of their quality, improve their storage and transportation, and increase their supply chain visibility. This sector needs packaging that can satisfy manufacturer requirements and boost operational effectiveness by providing superior services like immediate product identification.

The APAC region is projected to be the fastest-growing region in the returnable packaging market during the forecast period.

The APAC region is projected to be the fastest-growing region in the returnable packaging market during forecasted period. The main element influencing the regional market is the existence of numerous manufacturing firms in nations like China, India, Indonesia, and Vietnam. Additionally, it is anticipated that the market would increase as a result of the Asia Pacific regions quick industrialisation due to the regions low production costs. Due to the participation of nations in the Trans-Pacific Partnership Agreement, the Asia Pacific region has served as the centre for the manufacturing industry. The TPP is a free trade agreement that has improved commerce and production across nations, which has fueled the need for returnable packaging solutions throughout time. The Middle East and Africas market for returnable packaging is anticipated to expand significantly over the next several years as attention shifts from the oil industry to the industrial sector.

Brambles (Australia), Schoeller Allibert (Netherlands), Menasha Corporation (US), DS Smith (UK), and Myers Industries (US), amongst others, are the key players operating in the returnable packaging market.

Don’t miss out on business opportunities in Global Returnable Packaging Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Global Returnable Packaging Market Size,  Share & Growth Report
Report Code
PK 6758
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Global Returnable Packaging Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets