According to Data Bridge Market Research new Market report, global returnable transport packaging market is expected to grow at a stable CAGR in the forecast period of 2019 to 2026.
Returnable transport packaging is a multi- trip packaging medium in which the same packaging components are used for a long period of time. They usually should have high strength and good durability. These days there is growth in this returnable transport packaging because of they are recyclable in nature. With the usage of returnable transport packaging, the companies are adopting eco-friendly green packaging methods. These materials are usually made of steel, wood, polypropylene sheets and other plastic materials.
Global returnable transport packaging market is segmented on the basis of material, products, application and geography.
By Material (Glass, Plastic, Metal, Wood, Paper & Paperboard, Others), Product (Containers, Drums & Barrels, Pallets, Crates, Protective Dunnage, Reusable Sacks, Racks), Application (Automotive, Food & Beverage, Consumer Good, Industrial, E-Commerce, Pharmaceutical, Logistics & E-Commerce, Electronics & Semiconductors, Construction), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN METAL POWDER MARKET
Few of the major competitors currently working in the returnable transport packaging are NEFAB GROUP, IFCO SYSTEMS, Rehrig Pacific Company, RPS Group, Schoeller Allibert, Schaefer Systems International Inc., 1stWebbing/Segenhoe Investments Ltd, Amatech Inc., Lamar Packaging Systems, Polymer Logistics N.V., CABKA Group, Del-Tec Packaging, CHEP, DS Smith, Ecopac Power Ltd., Eltete TPM Ltd., Georg Utz Holding AG, Greif, KUEHNE + NAGEL, Loadhog, Monoflo International Inc. and Smurfit Kappa.
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