Returnable Transport Packaging (RTP) Market Forecasts to 2028 – Global Analysis By Material (Metal, Glass, Wood, Fiber, Plastic, Paper & Paperboard), Circulation Method (Open Loop System, Closed Loop System, Pooling System) and By Geography
According to Stratistics MRC, the Global Returnable Transport Packaging (RTP) Market is accounted for $7,827.50 million in 2020 and is expected to reach $14,381.18 million by 2028 growing at a CAGR of 7.9% during the forecast period. Factors such as increase in demand for the export and import of goods and growing e-commerce industry are driving the growth of the market. However, high initial cost is hampering the growth of the market.
Returnable transport packaging comprises the packaging systems that are used to safely transport the products throughout the supply chain system. The basic purpose is to make repetitive use of the packaging.
Based on the circulation method, the pooling system segment is anticipated to expand at a rapid pace during the forecast period as it is the most efficient model for complex supply chain operations. By geography, North America is going to have high growth during the forecast period which can be attributed to the increased adoption of the returnable transport packaging system by the food and beverage industry.
Some of the key players profiled in the Returnable Transport Packaging (RTP) Market include DS Smith, European Logistics Management , CSI Sertapak Inc., Green Peas Solutions, Free Pack Net, PalletOne, Schoeller Allibert, Polymer Logistics N.V., Lamar Packaging Systems, Nefab AB, George Utz , SSI Schaefer LTDA, Foxwood, Outpace Packaging Solutions, DelTec Packaging, Myers Industries, Monoflo International, Eltete TPM , IFCO Systems, and CHEP International.
• Reusable Sacks
• Protective Dunnage
• Support Products
• Paper & Paperboard
Circulation Methods Covered:
• Open Loop System
• Closed Loop System
• Pooling System
End Users Covered:
• Food & Beverages
• Healthcare & Pharmaceutical
• Building and Construction
• Mechanical Equipment
• Semiconductors & Electronics
• Logistics & E-Commerce
• Consumer Goods
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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