Press release
Stack And Nest Containers Market Pegged for Robust Expansion During 2017-2027
Budding cross-border trade has opened new opportunities for trade for manufacturers from all industries and to expand the geographical reach, manufacturers are relying on the shipping companies and improved infrastructure and technology for packaging, shipping and protecting goods in bulk quantities. The need for shipping goods securely in bulk quantity has influenced the demand in the rigid packaging market, rigid packaging market is estimated over US$ 589 Bn and is expected to grow at a CAGR of over 3.2% over the forecast period. Stack & nest containers are light and yet durable and strong enough for material handling or to be equipped in many industries. The common area of application for stack & nest containers is retail industry, metal working industry, automotive industry, aerospace industry and electrical and electronics industry.Stack & Nest Containers Market: Market Dynamics
Despite rapidly increasing flexible packaging market share in world packaging market, the rigid packaging is growing at a much faster pace when it comes to industrial packaging due to their material handling capabilities in a bulk quantity. However, use of rigid packaging for may appear to be unproductive to some suppliers or manufacturers due to the inefficient utilization of the space. To overcome these drawback packaging manufacturers have developed stack and nest containers. Stacking and nesting of the shipping containers have significantly improved the goods handling capability and productivity of shipping companies. Properties of stack & nest containers such as Improved material handling capabilities along with reusability has boosted the demand in stack & nest containers market. In addition to material handling capability stack & nest, containers are also cost-effective as the cost of raw material is very low and is easily available. Use of stack & nest containers also reduces the plastic waste created by the packaging hence making it an ecofriendly material handling solution. Rapid industrialization in the Asian market is one major factor for boosting the growth in stack & nest containers market. The wide area of applicability of stack & nest containers has considerably increased the demand in stack & nest containers market.
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Stack & Nest Containers Market - Key Players:
Some major players of the stack and nest containers market are Georg Utz Holding AG, Polymer Logistics N.V., Greif, Inc., Monoflo International, loadhog.co.za, Schoeller Allibert Services B.V., Exporta Global, Mailbox: Stamford Products Ltd, etc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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