Global Returnable Transport Packaging (RTP) Market Size study, by Product Type (intermediate bulk container (IBC), Pallets, Plastic Crates, Layer Pads, Drums, Dunnage Bags) by Material Type (Metal, Plastic, Paper, Wood) by end use industries (Building & C

Global Returnable Transport Packaging (RTP) Market Size study, by Product Type (intermediate bulk container (IBC), Pallets, Plastic Crates, Layer Pads, Drums, Dunnage Bags) by Material Type (Metal, Plastic, Paper, Wood) by end use industries (Building & Construction, Food & Beverage, Chemical, Retail, Industrial, Logistics) and Regional Forecasts 2021-2027

Global Returnable Transport Packaging (RTP) Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Returnable transport packaging is type of packaging in which goods/products can be transported more than one time. Returnable packaging solutions include IBC, pallets, plastic crates, layer pads, drums, and dunnage bags. Growing demand for sustainable packaging solutions and rising technological advancements in logistics sector are key drivers for the growth of Returnable Transport Packaging (RTP) market. According to Global database management company Statista- In 2019, the global market value of green packaging estimated at USD 178.6 billion, and it is estimated to reach USD 246.3 billion by the year 2025. Also, as per The Sustainable Packaging Coalition (SPC)- as of 2021, Coca Cola’s 90% packaging is recyclable and the company is planning to make 100% of its packaging recyclable globally by the year 2025. Also, with the surging chemical industry and growing E-commerce market, the adoption & demand for Returnable Transport Packaging (RTP) is likely to increase the market growth during the forecast period. However, negative impact of covid 19 on end use industries impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Returnable Transport Packaging (RTP) market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of large pharmaceutical and manufacturing companies in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as growing logistics industry and rising E-commerce industry in the region would create lucrative growth prospects for the Returnable Transport Packaging (RTP) market across Asia-Pacific region.

Major market player included in this report are:

Grief, Inc.
Brambles Limited
Mauser Packaging Solutions
Schoeller Allibert Services B.V.
DS Smith Plc
Time Technoplast Ltd.
Berry Global, Inc.
Cordstrap B.V.
Schuetz GmbH & Co. KGaA.
Supreme Industries Limited
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Product Type:
intermediate bulk container (IBC),
Pallets,
Plastic Crates,
Layer Pads, Drums,
Dunnage Bags
By Material Type:
Metal
Plastic
Paper
Wood
By End Use Industries:
Building & Construction
Food & Beverage
Chemical
Retail
Industrial
Logistics
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
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Returnable Transport Packaging (RTP) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors