Vijay Kundekar (14)

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Returnable Transport Packaging (RTP) Market will
Account for Worth US 34,666.6 Mn by 2028 FMI

• March 2020

Report Id REP-GB-4795 Published On
28-Feb-2019 Category Packaging
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Returnable Transport Packaging (RTP) Market
Analysis
Global demand for returnable transport packaging
(RTP) valuated at around US 22 billion in 2018,
which is likely to witness a moderate surge of
4.3 in 2019. Future Market Insights (FMI)
provides key insights on the global returnable
transport packaging market in its published
report. East Asias returnable transport
packaging market will remain the top revenue
shareholder, with an estimated share of more than
1/4th of the global value, according to the
report. Returnable transport packaging has been a
safe and efficient transportation solution
throughout the supply chain across several
end-use industries, including food beverages,
building construction, and chemicals among
others. In addition, returnable transport
packaging solutions can be reused and recycled.
Furthermore, returnable transport packaging is a
type of reverse logistics that ensures more
efficient supply chain system with improved
service quality.
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Returnable Transport Packaging (RTP) Market
Analysis
The growth in intercontinental trade is fuelling
the demand for returnable transport packaging
solutions. The adoption of returnable transport
packaging has increased among industrial users.
The returnable transport packaging market has
been consistently witnessing evolution of product
designs to cater to end user demands. Widespread
availability of various returnable transport
packaging products such as IBCs, pallets, drums,
layer pads, plastic crates, and dunnage bags of
different capacities allow convenient packaging
of agricultural goods.
In this report, FMI recommends that returnable
transport packaging will play a major role in the
food beverage industry during the forecast
period. Increase in trade activities and the use
of crates and pallets for transportation have
boosted the sales of returnable transport
packaging solutions. Another factor driving the
growth of the global returnable transport
packaging market is its minimum contamination
issue, since plastic crates and plastic pallets
are manufactured from the blow molding process.
Bulk containers have generated a great level of
productivity for the shipping industry and also
helped them achieve subtle profitability.
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Returnable Transport Packaging (RTP) Market
Analysis
The global demand for returnable transport
packaging is heavily influenced by the dynamics
of the global supply chain and logistics
industries. Returnable transport packaging caters
to specific requirements arising in the supply
chain and logistics process of the companies
engaged in the shipment of the consumer as well
as the industrial goods. Despite the positive
factors, there are certain factors which hinder
the growth of the global returnable transport
packaging. Lack of infrastructure and weaker
supply chain capabilities are hampering the
growth of returnable transport packaging
solutions in some parts of the world. The growth
of returnable transport packaging can mainly be
attributed to the contributions from the East
Asia region. According to the research by Future
Market Insights, the South Asia returnable
transport packaging market has witnessed
significant growth in the past couple of decades.
Manufacturers of returnable transport packaging
solutions like drums, pallets, IBCs, crates, etc.
are looking forward to tapping into lucrative
opportunities provided by the South Asia and East
Asia returnable transport packaging market. Bulk
packaging solutions for the storage and transit
of fresh produce and food items provided by
returnable transport packaging are positive
factors driving the growth of the returnable
transport packaging market.
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Returnable Transport Packaging (RTP) Market
Analysis
Key players considered in this report on the
global returnable transport packaging market
include Greif, 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, PalletOne, Inc,
Balmer Lawrie Co. Ltd., Craemer Holding GmbH,
Cabka Group GmbH, Bulk Lift International, Inc,
Thielmann US LLC, TranPak, Inc, Rehrig Pacific
Company, Inc., Myers Industries, Inc and Snyder
Industries, Inc. Source Link https//www.globene
wswire.com/news-release/2019/03/04/1745869/0/en/Re
turnable-Transport-Packaging-RTP-Market-Size-Worth
-US-34-666-6-Mn-by-2028-Future-Market-Insights.htm
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Returnable Transport Packaging (RTP) Market
Analysis

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research reports and consulting services which
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current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive
framework and future market trends.
9
Returnable Transport Packaging (RTP) Market
Analysis
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