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Home›Packaging News›Returnable Transportation Packaging Market to Grow $ 3.21 Billion from 2021 to 2025 | Europe will become a key region

Returnable Transportation Packaging Market to Grow $ 3.21 Billion from 2021 to 2025 | Europe will become a key region

By admin
September 29, 2021
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Drivers and challenges

Technavio has identified the main drivers and challenges impacting the returnable transport packaging market. According to our research, long-term cost reduction opportunities for buyers are driving market growth. However, factors such as leasing market threat may hamper the market growth during the forecast period.

Impact of COVID-19

The COVID-19 pandemic has crippled the world and impacted many markets and industries in different ways. The Technavio report market provides an in-depth analysis of the effect of the pandemic on the returnable transport packaging market. The business impact of COVID-19 on the returnable transport packaging market during the period 2021-2025 is expected to lead to positive and superior growth.

Learn more about the impact of COVID-19 on the market
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Market segmentation

The returnable transport packaging market has been segmented by geography into North America, Europe, APAC, MEA and South America. Europe will dominate the market during the forecast period, accounting for 30% of the market growth.

On the basis of product, the returnable transport packaging market has been segmented into containers, pallets, drums & drums, and other segments. Market share growth is dominated by the container segment.

Some of the major vendors and their offerings:

Technavio has identified the main suppliers operating in the market. These include Brambles Ltd., DS Smith Plc, Georg Utz Holding AG, Greif Inc., Nefab AB, Rehrig Pacific Co., RPS Ltd., Schoeller Allibert BV, Sonoco Products Co. and SSI SCHAEFER Group. The main offerings from some of these providers are mentioned below:

  • Brambles Ltd. : The company offers returnable transport packaging such as plastic pallets, containers and others.
  • DS Smith Plc: The company offers returnable transport packaging through its transit and transport packaging.
  • Georg Utz Holding SA: The company offers returnable transport packaging such as folding boxes, pallets, trolleys, large capacity containers, etc.

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Associated reports:

High Barrier Packaging Films Market by End User and Geography – Forecast and Analysis 2021-2025

Green Packaging Market by Product, End User and Geography – Forecast and Analysis 2021-2025

Scope of Returnable Transportation Packaging Market Report:

Cover of the report

Details

Year of reference

2020

Forecast period

2021-2025

Incremental growth

$ 3.21 billion

TCCA

Acceleration to 7.38%

Number of pages

120

Segmentation

By geography: –

  • North America
  • Europe
  • APAC
  • AEM
  • South America

By product: –

  • Containers
  • Pallets
  • Drums and barrels
  • Others

Conductors

  • Long-term savings opportunities for buyers
  • Growing global e-commerce market
  • Increased trade in electronic components between India and China

Challenges

  • Threat of the leasing market
  • Challenges associated with the disposal of non-biodegradable materials
  • Investment constraints of small suppliers

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Contents:

  • Abstract
  • Market landscape
  • Market sizing
  • Five forces analysis

For more valuable information, click here!

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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SOURCE Technavio

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