Brambles , and Schoeller Allibert are key players in Returnable Packaging Market

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science-technology

Summary

Browse 96 market data Tables and 36 Figures spread through 161 Pages and in-depth TOC on "Global Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, and Region - Global Forecast to 2026

Press Release

The report Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, and Region – Global Forecast to 2026, The returnable packaging market is projected to grow from USD 37.9 billion in 2018 to USD 51.2 billion by 2023, at a CAGR of 6.2% during the forecast period. The global returnable packaging market size is projected to grow from USD 104.9 billion in 2021 to USD 141.7 billion by 2026, at a CAGR of 6.2% from 2021 to 2026.

Browse 96 market data Tables and 36 Figures spread through 161 Pages and in-depth TOC on “Global Returnable Packaging Market by Product Type (Pallets, Crates, Intermediate Bulk Containers, Drums & Barrels, Bottles, Dunnage), Material (Plastic, Metal, Wood, Glass, Foam), End-use Industry, and Region – Global Forecast to 2026 “

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The APAC region is projected to be the fastest-growing region in the returnable packaging market during the forecast period.

The APAC region is projected to be the fastest-growing region in the returnable packaging market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.

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Schoeller Allibert is one of the largest manufacturers of returnable transit packaging. The company has been designing, developing, and manufacturing returnable packaging for over 60 years. Schoeller Allibert has been formed through partnerships and acquisitions of key players such as Schoeller, Perstorp, Wavin, Linpac, Arca, Allibert, Stucki, and Paxton, among others. The company offers a wide range of tailor-made and standard returnable packaging solutions through key product segments, namely, foldable small containers, foldable large containers, rigid pallet containers, stackable and stack /nest handheld boxes, beverage crates and trays, UN pails, Pallets and Dollies, and Foldable IBCs. The company has a strong foothold across the globe, with 14 production locations across 50 countries.

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