Global Returnable Transport Packaging (RTP) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Returnable Transport Packaging (RTP) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Returnable Transport Packaging (RTP) market finds that the global Returnable Transport Packaging (RTP) market reached a value of USD 22342.37 million in 2022. It’s expected that the market will achieve USD 28754.0 million by 2028, exhibiting a CAGR of 4.29% during the forecast period.

The raging COVID-19 has plunged the global economic environment into depression. The impact of COVID-19 on the recyclable transportation packaging industry will involve all entities in the industry chain. The company’s management efficiency has declined, production plans have been severely hampered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have fallen, and company and employee income has fallen. The government has also put forward higher requirements for the production and operation of enterprises.

Affected by this epidemic, the entire recyclable transportation packaging market will show a downward trend in 2020, and many final industries cannot operate normally, such as reduced activity in construction and construction industries, declining food and beverage sales, and poor logistics. The requirements for the transportation of goods have also decreased, and the demand for recyclable transportation packaging has decreased.

Strength

The increasing demand for consumer products in different fields, the continuous growth of international trade and the development of e-commerce have directly promoted the demand for recyclable transport packaging.
Recyclable transport packaging constantly updates the design of the product, improves performance and reduces cost.

Weakness

Compared with alternative products, the cost of purchasing various raw materials is higher.
The lack of infrastructure in some areas and the imperfect supply chain will limit the development of the industry.

Opportunities


The development of infrastructure in the Asia-Pacific region, the increase in disposable income, and the further development of downstream markets will drive market growth.
The deepening of people's environmental protection concepts and the government's support for biodegradable packaging will become the driving force of this market.

Region Overview:

In 2022, the share of the Returnable Transport Packaging (RTP) market in Europe stood at 31.91%.

Company Overview:

CHEP International is one of the major players operating in the Returnable Transport Packaging (RTP) market, holding a share of 20.36% in 2023.

CHEP International

CHEP offers pallet, container, supply chain, and logistics services. The Company provides services for the consumer goods such as meat, home improvement, beverage, raw materials, petrochemical, and automotive industries. CHEP serves customers worldwide.

Greif

Greif, Inc. manufactures and markets industrial packaging products and services. The Company provides steel, plastic, fiber, flexible and corrugated containers, packaging accessories, and containerboard, as well as provides blending, filling, and packaging services. Greif serves customers worldwide.

Segmentation Overview:

By type, Plastics segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Logistics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Returnable Transport Packaging (RTP) market covered in Chapter 3:

NEFAB GROUP
IFCO System
Del-Tec Packaging
Rehrig Pacific
Greif
George Utz Holding
Mauser Packaging Solutions
Craemer Holding GmbH
Myers Industries, Inc.
Creative Techniques
Palletone, Inc.
Monoflo International
Loadhog
Eltette TPM
CHEP International
Kite Packaging
Amatech
SSI Schaefer System
DS Smith Plastics
Schoeller Allibert
CABKA
Clip-Lok SimPak

In Chapter 4 and Chapter 14.2, on the basis of types, the Returnable Transport Packaging (RTP) market from 2018 to 2029 is primarily split into:

Metals
Plastics
Papers
Wood

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Returnable Transport Packaging (RTP) market from 2018 to 2029 covers:

Building & Construction
Food & Beverages
Chemicals
Retail
Industrial
Logistics

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)