Global Returnable Transport Packaging Market to grow at a CAGR of 7.35% during the period 2016 - 2020; Finds New Report

Report forecast the global returnable transport packaging market to grow at a CAGR of 7.35% during the period 2016-2020.

Returnable transport packaging includes reusable containers, pallets, hand-held containers, barrels, drums, racks, and dunnage, which enable vendors and industrial customers in the global returnable transport packaging market to efficiently and safely transport products across the supply chain. The automotive industry first implemented this system. It is used in an organized supply chain to effectively manage shipments. Returnable transport packaging comprises durable products such as wood, metal, and plastic.

The report covers the present scenario and the growth prospects of the global returnable transport packaging market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography:

• APAC
• Europe
• North America
• ROW

According to the report, introduction of new products will be a key driver for market growth. The global returnable transport packaging market has observed several product launches in recent years. For instance, Schoeller Allibert launched Smartleaf, a product designed to store petrochemicals. Smartleaf received the Plastics Innovation Award 2013 in the Sustainability of Plastic Products and Processes category from Gulf Petrochemicals and Chemicals Association. In addition, vendors in the market are focusing on introducing new packaging designs to ensure increased product safety.

Further, the report states that increasing possibility of shrinkage will be a challenge for the market. In context to the global returnable transport packaging market, shrinkage refers to the loss of returnable transport packaging products at some point in the supply chain. The rental and procurement costs of returnable transport packaging products are high. Therefore, the shrinkage of such products increases the cost of the supply chain for the end-user. Shrinkage can increase substantially if products are lost, damaged, stockpiled, or the return cycles are handled inefficiently. In addition, these products need to be tracked throughout the supply chain since they are often in the possession of non-owners within the supply chain who have little or no accountability. Therefore, the increased chance of shrinkage is another major challenge that is hindering the growth of the global returnable transport packaging market.

Global Returnable Transport Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global returnable transport packaging market:  IFCO Systems, Rehrig Pacific, RPS, Schoeller Allibert, and SSI SCHAEFER.

Other Prominent Vendors in the market are: 1stWebbing, All Plastic Pallets, Amatech, Atlas Box & Crating, Atlas Bubble Bag, Buckhorn, CABKA, CHEP International, Clip-Lok SimPak, Creative Techniques, Del-Tec Packaging, DS Smith, Ecopac, Eltete TPM, European Logistics Management, Foxwood, Free Pack Net, George Utz Holding, Green Peas Solutions, Greif, Kite Packaging, Kuehne + Nagel, Linpac Allibert, Loadhog, M J Systems, Monoflo International, Myers Industries, Orbis, Outpace Packaging Solutions, PalletOne, PHS Teacrate, Polymer Logistics, Polymer Solutions International, PPS East, PPS Midlands, Qualpack, RPP Containers, RPR, RTP Materials Handing, Smurfit Kappa, LOMOLD, TriEnda, Viscount Plastics, and Weir & Carmichael.

Market driver

• Increased demand for modern grocery retailing
• For a full, detailed list, view our report

Market challenge

• High initial investment
• For a full, detailed list, view our report

Market trend

• Enhancing brand image
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 33 Exhibit “Global Returnable Transport Packaging Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by products, Market segmentation by circulation methods, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

For more information Visit at: http://mrr.cm/JCW

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