The global returnable packaging market will reach USD 170.44 billion by 2030, at a CAGR of 6.5% from 2022 to 2030. Returnable packaging market growth would be driven by rising demand for sustainable packaging, government regulations encouraging environment-friendly packaging innovations & reduction in operation costs facilitated by returnable packaging.
All the products that a person or organization buys are not handed over to them in their raw form. It is covered in material, plastic, or paper and then given to the consumers. Packaging is the art, science, and technology that involves wrapping, enclosing, or covering products with plastic, metal, wood, or paper for storage, transportation, and distribution. Packaging is a crucial process in the market economy. It protects the contents of the product, maintains the integrity and quality of the product by ensuring its safe transport, and improves the aesthetic appeal of the products. Even industries need to store raw materials, inventory, and finished goods in warehouses and various storage spaces, which require enhanced packaging for the reasons mentioned above. Different materials are used for packaging like plastic, paper, wood, glass, etc. Labeling products while packaging displays the necessary information about the products' structure, function, and contents, which helps ease handling and transportation. Customers can make informed choices with the help of such displayed information. However, packaging waste has become a huge environmental problem. Packaging materials are often for single-use purposes, meaning they are used once and then thrown away. The massive use of packaging daily creates equally massive amounts of waste. Returnable packaging is a sustainable packaging method that reduces the environmental burden of the packaging and logistics industry. Returnable packaging is reusable, can be used for multiple trips, and is returned to the vendor after the delivery of the product. Returnable packaging reduces packaging wastes, reduces warehousing & storage needs, and cuts labor and operation costs. They are environmentally friendly and cost-efficient in the long run.
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The rising awareness about climate change, environmental degradation & its severe consequences on humankind has created an urgency for adopting sustainable development models. Single-use and expendable packaging is harmful to the environment as they are not-biodegradable. Single-use packaging materials stay in the biosphere for millions of years in the form of microplastics, which enter the food chain via water and reach humans causing severe health problems. Global packaging demands are massive, and hence equally vast amounts of packaging waste are created every day. Returnable packaging is environmentally friendly and reusable, which reduces the amount of waste generated daily.
Returnable packaging market growth would be hampered by the extensive capital expenditure required. The cost per trip is lower for returnable packaging compared to single-use packaging. However, the return trip costs add to the operation expenditure making the former expensive. Small and medium enterprises cannot afford the adoption of returnable packaging owing to its expensive nature. These enterprises form the bulk of the potential market, which will be left underexploited with high installation costs.
With the advent of urbanization combined with the increase in disposable income of the population, there has been an increasing demand in the consumer durable and food & beverages market. The increased internet penetration and the e-commerce boom have further fueled this demand. The growing consumer demand will translate into an equal increase for returnable packaging. Returnable packaging reduces operating costs in the long run, resulting in more significant profit margins and contributing to the growing adoption of returnable packaging in developing economies.
The existing supply chains are accustomed to single-use packaging models. No process involves returning packaging materials from the consumer to the vendor/supplier. The storage and administration of returnable packaging need to be simplified and efficiently integrated with the existing supply chain systems. The failure of which will lead to higher maintenance and operational costs. A collaborative and cooperative approach can help achieve efficiency and optimize returnable packaging.
The global returnable packaging market has been segmented based on product type, material type, end-user, and regions.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region emerged as the largest market for the global returnable packaging market, with a 39% share of the market revenue in 2021.
Asia Pacific Region Returnable Packaging Market Share in 2021 - 39%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global returnable packaging industry.
Nefab, a global packaging and logistics services provider, established production sites across regions to expand its global footprint. Nefab has several productions units across India and they are a well-established name in the Indian Market. Nefab is diversifying its product portfolio by venturing into sustainable packaging and logistics services and facilitating the reduction of operating costs for its customers. The expansion aims to gain a competitive advantage by increasing market share and revenue.
As per The Brainy Insights, the size of the returnable packaging market was valued at USD 96.70 billion in 2021 to USD 170.44 billion by 2030.
Global returnable packaging market is growing at a CAGR of 6.5% during the forecast period 2022-2030.
The global returnable packaging market has been segmented based on product type, material type, end user, and regions. The pallets segment led the market in 2021. The food & beverages segment led the market in 2021.
Asia Pacific region emerged as the largest market for the returnable packaging.
The market's growth will be influenced by the increasing demand for sustainable packaging.
High installation costs could hamper the market growth.
The growing consumer demand in developing economies will provide huge opportunities to the market.
Key players are Plastic Packaging Solutions Midlands & East Ltd., Nefab Group, Returnable Packaging Resource Inc., Tri-Pack Plastic Ltd, Amatech Inc., ORBIS Corporation, CHEP, Celina Industries, Integra packaging, and Lamar Packaging Systems.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Material Type
4.3.3. Market Attractiveness Analysis by End User
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing demand for sustainable packaging
5.3. Restraints
5.3.1. High installation costs
5.4. Opportunities
5.4.1. The growing consumer demand in developing economies
5.5. Challenges
5.5.1. Integration with existing supply chain logistics
6. Global Returnable Packaging Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Crates
6.3. Intermediate Bulk Containers (IBC)
6.4. Pallets
6.5. Drums & Barrels
6.6. Dunnage
6.7. Bottles
6.8. Others
7. Global Returnable Packaging Market Analysis and Forecast, By Material Type
7.1. Segment Overview
7.2. Metal
7.3. Wood
7.4. Glass
7.5. Plastic
7.6. Foam
7.7. Others
8. Global Returnable Packaging Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Automotive
8.3. Food & Beverages
8.4. Consumer Durables
8.5. Healthcare
8.6. Others
9. Global Returnable Packaging Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Returnable Packaging Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Returnable Packaging Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Plastic Packaging Solutions Midlands & East Ltd.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Nefab Group
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Returnable Packaging Resource Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Tri-Pack Plastic Ltd
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Amatech Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. ORBIS Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. CHEP
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Celina Industries
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Integra packaging
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Lamar Packaging Systems
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
2. Global Crates Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
3. Global Intermediate Bulk Containers (IBC) Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
4. Global Pallets Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
5. Global Drums & Barrels Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
6. Global Dunnage Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
7. Global Bottles Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
8. Global Others Returnable Packaging Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
9. Global Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
10. Global Metal Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
11. Global Wood Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
12. Global Glass Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
13. Global Plastic Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
14. Global Foam Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
15. Global Others Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
16. Global Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
17. Global Automotive Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
18. Global Food & Beverages Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
19. Global Consumer Durables Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
20. Global Healthcare Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
21. Global Others Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
22. Global Returnable Packaging Market, By Region, 2019-2030 (USD Billion)
23. North America Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
24. North America Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
25. North America Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
26. U.S. Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
27. U.S. Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
28. U.S. Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
29. Canada Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
30. Canada Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
31. Canada Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
32. Mexico Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
33. Mexico Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
34. Mexico Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
35. Europe Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
36. Europe Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
37. Europe Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
38. Germany Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
39. Germany Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
40. Germany Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
41. France Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
42. France Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
43. France Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
44. U.K. Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
45. U.K. Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
46. U.K. Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
47. Italy Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
48. Italy Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
49. Italy Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
50. Spain Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
51. Spain Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
52. Spain Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
53. Asia Pacific Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
54. Asia Pacific Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
55. Asia Pacific Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
56. Japan Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
57. Japan Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
58. Japan Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
59. China Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
60. China Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
61. China Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
62. India Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
63. India Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
64. India Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
65. South America Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
66. South America Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
67. South America Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
68. Brazil Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
69. Brazil Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
70. Brazil Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
71. Middle East and Africa Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
72. Middle East and Africa Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
73. Middle East and Africa Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
74. UAE Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
75. UAE Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
76. UAE Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
77. South Africa Returnable Packaging Market, By Product Type, 2019-2030 (USD Billion)
78. South Africa Returnable Packaging Market, By Material Type, 2019-2030 (USD Billion)
79. South Africa Returnable Packaging Market, By End User, 2019-2030 (USD Billion)
List of Figures
1. Global Returnable Packaging Market Segmentation
2. Returnable Packaging Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Returnable Packaging Market Attractiveness Analysis by Product Type
9. Global Returnable Packaging Market Attractiveness Analysis by Material Type
10. Global Returnable Packaging Market Attractiveness Analysis by End User
11. Global Returnable Packaging Market Attractiveness Analysis by Region
12. Global Returnable Packaging Market: Dynamics
13. Global Returnable Packaging Market Share by Product Type (2022 & 2030)
14. Global Returnable Packaging Market Share by Material Type (2022 & 2030)
15. Global Returnable Packaging Market Share by End User (2022 & 2030)
16. Global Returnable Packaging Market Share by Regions (2022 & 2030)
17. Global Returnable Packaging Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2022 to 2030. The Brainy Insights has segmented the global returnable packaging market based on below mentioned segments:
Global Returnable Packaging Market by Product Type:
Global Returnable Packaging Market by Material Type:
Global Returnable Packaging Market by End User:
Global Returnable Packaging Market by Region:
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