Press release
Returnable Plastic Crate (RPC) Market Foraying into Emerging Economies
Improvement in the logistics and material handling techniques have changed the trend of storage and over the time there has been an increase in the usage of returnable packaging solution. Returnable packaging systems helps in reduction of the mass production of disposable packaging containers. Returnable packaging also reduces the expenses of repurchasing of packaging each and every time for logistics or shipping companies. Returnable plastic crates (RPC) are packaging crates used for carrying various goods from food & beverages, pharmaceuticals, healthcare, cosmetics industries, etc. Returnable plastic crates also helps the logistics companies to have cost cutting on packaging which helps them to get more return on investment. Returnable plastic crates (RPC) offers several distinctive features as compared to disposable packaging systems and is easy for cleaning. Due to increasing usage of returnable packaging systems, the market for returnable plastic crates (RPC) is expected to grow significantly during the forecast period 2017-2025.
Global Returnable Plastic Crate (RPC) - Market Dynamics:
Global returnable plastic crates market is expected to grow tremendously due to increasing demand for cost efficient packaging and also environmental friendly solutions. Returnable plastic crates packaging is efficient for all types of supply chain systems. The returnable plastic crates packaging have seen a good potential for growth due to its robust performance and durability of the crates. Returnable plastic crates packaging crates also helps in decreasing the issues related to environment such as land fill issues, etc. Returnable plastic crates also helps in decreasing the packaging cost for ecommerce companies. In recent years returnable crates and containers accounts for more than 50% of the total returnable packaging used for transportation across the globe and is expected to drive the growth for returnable plastic crates market.
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Global Returnable Plastic Crate (RPC) - Market Segmentation:
The global returnable plastic crates (RPC) market can be segmented by material type, product type, and by application.
On the basis of material type, the global returnable plastic crates (RPC) market is segmented into -
HDPE
Polypropylene (PP)
Others
On the basis of product type, the global returnable plastic crates (RPC) market is segmented into -
Foldable Plastic Crates
Reusable Plastic Crates
Collapsible Plastic Crates
Nestable/Stackable Plastic Crate
Others
On the basis of end use industry, the global returnable plastic crates (RPC) market is segmented into -
Food & Beverages
Pharmaceuticals & Healthcare
Cosmetics & Personal Care
Consumer Goods
Others
Global Returnable Plastic Crate (RPC) Market – Regional Overview:
The global returnable plastic crates (RPC) market can be divided into seven major regions which are as follows -
Asia-Pacific excluding Japan
North America
Latin America
Eastern Europe
Japan
Middle East & Africa
Western Europe
The returnable plastic crates (RPC) market in North America and Europe region being a mature market is expected to witness above average growth during the forecast period 2017-2025. Returnable plastic crates (RPC) market in Asia Pacific region is anticipated to witness significant growth over the forecast period. Latin America and Middle East & Africa is expected to have a robust growth for returnable plastic crates (RPC) market due to opportunities for development in logistics industry during the forecast period 2017-2025.
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Global Returnable Plastic Crate (RPC) Market – Key players:
Few of the key players in the returnable plastic crates (RPC) market are International Plastics Inc., Rehrig Pacific Company, CHEP International Inc, TranPak Inc., Schoeller Allibert Services B.V., Western Container Corporation, IFCO Systems US, LLC, Tosca Services, LLC, Polymer Logistics, Myers Industries, Inc., RPP Containers, Schaefer Systems International, Inc., and Minnesota Diversified Industries, Inc.
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