Returnable Transport Packaging Market In APAC 2024-2028
The returnable transport packaging market in APAC is forecasted to grow by USD 1,398.14 mn during 2023-2028, accelerating at a CAGR of 8.87% during the forecast period. The report on the returnable transport packaging market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by long-term cost-saving opportunities for buyers, rapid growth of e-commerce market in APAC, and lower handling and product damage.
Technavio's returnable transport packaging market in APAC is segmented as below:
By Product
- Containers
- Pallets
- Drums and barrels
- Others
By End-user
- Food and beverage industry
- Manufacturing industry
- Retail industry
This study identifies the increased adoption of returnable transport packaging as one of the prime reasons driving the returnable transport packaging market in APAC growth during the next few years. Also, adoption of RFID technology in returnable transport packaging and increasing focus on return on investment will lead to sizable demand in the market.
The report on the returnable transport packaging market in APAC covers the following areas:
- Returnable transport packaging market in APAC sizing
- Returnable transport packaging market in APAC forecast
- Returnable transport packaging market in APAC industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading returnable transport packaging market in APAC vendors that include Amatech Inc., Balmer Lawrie and Co. Ltd., Berry Global Inc., Brambles Ltd., Bulk Lift International LLC, BWAY Corp., CABKA Group GmbH, CORDSTRAP BV, Craemer GmbH, DS Smith Plc, Greif Inc., IFCO SYSTEMS GmbH, Myers Industries Inc., Rehrig Pacific Co., Schoeller Allibert Services B.V., SCHUTZ GmbH and Co. KGaA, Tank Holding Corp., The Supreme Industries Ltd., Time Technoplast Ltd., and TranPak Inc.. Also, the returnable transport packaging market in APAC analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.