Global Reusable Shipping Boxes Market Size study & Forecast, by Type (Plastic, Cardboard, Others) Distribution Channel (Offline Stores, Online Stores) Application (Commercial, Residential) and Regional Analysis, 2022-2029

Global Reusable Shipping Boxes Market Size study & Forecast, by Type (Plastic, Cardboard, Others) Distribution Channel (Offline Stores, Online Stores) Application (Commercial, Residential) and Regional Analysis, 2022-2029

Global Reusable Shipping Boxes Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Reusable Shipping Boxes are packaging solutions which are designed for reusing without impairment of their protective function. These boxes are generally made with plastic and cardboards and are used across a wide range of industries such as automotive manufacturing, ecommerce, and Fast-Moving Consumer Goods (FMCG) industry among others. The application of reusable packaging solutions reduces the repeated requirement of single-use packaging; Thus, it offers opportunity for business to save the cost of raw material, energy, and labor required in repetitive manufacturing of single use shipping boxes. The growing expansion of e-commerce industry and rising adoption of returnable packaging solutions in manufacturing industries are key factors driving the market growth.

The rising expansion of ecommerce platforms is contributing towards the growth of the Global Reusable Shipping Boxes market. For instance – as per India Brand Equity Foundation (IBEF) estimates - In 2022, the Indian ecommerce market was estimated at USD 74.8 billion and the market for ecommerce in India is expected to reach USD 350 billion by 2030. Additionally, according to Statista - 2021, the worldwide retail e-commerce sales estimated at USD 5.2 trillion, and the amount forecast to grow by 56 percent over the forecast period to grow to USD 8.1 trillion by 2026. Also, increasing awareness towards environment safety and favorable initiatives from government authorities would create lucrative growth prospectus for the market over the forecast period. However, the high processing and manufacturing cost of Reusable Shipping Boxes stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Reusable Shipping Boxes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing adoption of reusable packaging solutions and rising awareness towards environment sustainability in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising usage of returnable packaging solutions in automobile sector and presence of leading regional market players in the region.

Major market player included in this report are:
Returnity
Amatech
Liviri
LimeLoop
RePack
TerraCycle
Temple- Inland
Reuse- Rethinking Packaging
Salazar
International Paper

Recent Developments in the Market:
 In February 2019, Liviri launched its new range of durable and reusable insulated boxes for e-commerce grocers. Moreover, this new lightweight, durable, and insulated Liviri Shuttle boxes have been designed for reuse and minimize the use of single-use packaging.

Global Reusable Shipping Boxes Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Distribution Channel, Application Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Plastic
Cardboard
Others
By Distribution Channel
Offline Stores
Online Stores
By Application
Commercial
Residential

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned
Returnity
Amatech
Liviri
LimeLoop
RePack
TerraCycle
Temple- Inland
Reuse- Rethinking Packaging
Salazar
International Paper

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