Reusable Plastic Containers Market is estimated to grow at a CAGR of 9.7% during the forecast period of 2023-2030 : Cognitive Market Research

Market Overview:
- The term reusable plastic containers refer to plastic trays, sleeves, totes, cartons, and bulk containers. Reusable Plastic Containers have become increasingly popular in the transportation of food and beverages around the globe. Reusable plastic containers are quickly moving paper corrugated boxes as a means of transporting food, beverages, and other items.

Summary:
- The Reusable Plastic Containers market reached USD 256.8 million in 2022 and will grow a CAGR of 9.7% during the forecast period (2023-2030).

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Market Dynamics:
- The growth in the adoption of flexible and lightweight packaging for fast moving consumer goods industry is the major factor driving the growth of the global reusable plastic container market. In addition, increasing demand for the export and import of goods, as well as the growing e-commerce industry across the globe dominates the global reusable plastic containers market. Furthermore, rising urbanization, internet penetration, and trade commerce rates will provide an opportunity for the global reusable plastic container market to grow.
• What are the restraining factors for the global Reusable Plastic Containers Market?
However, the indefinite price of raw materials used for manufacturing reusable plastic containers is leading to the high cost of packaging forms that may hamper the growth of the global market. In addition, during the pandemic, manufacturing activities were stopped or restricted. This led to a decline in the manufacturing of various equipment used for reusable plastic containers, which impedes the growth of the returnable packaging market.

Market Segmentation:
Type:
• Bulk Containers
• Handheld Storage Containers
• Others
Based on type, the global market is segmented into bulk containers, handheld storage containers, and others, Bulk containers. Bulk containers dominate the demand for the growth of the global plastic containers market. This is attributed to the increasing demand for bulk containers across the globe.

Application:
• Eggs
• Meat
• Vegetables
• Fruits
• Others
Based on application the global reusable plastic container market is segmented into vegetables, fruits, eggs, meat, and others. The vegetable segment dominated the growth of the global market, due to reusable plastic containers providing superior product protection and temperature management in the transport of vegetables.

The Major Players in Reusable Plastic Containers Market are:
IFCO, Tosca, Myers Industries, IPL, RPP Containers, SSI SCHAEFER, ORBIS Corporation, CHOIHOPE, AIM Reusable Packaging

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Regional Analysis:
- Asia Pacific has the highest revenue share in the global reusable plastic containers market.
Asia Pacific is forecasted to dominate the global reusable plastic containers market in terms of revenue share. This is attributed to the increasing beverage industry which further increases the demand for plastic bottles to preserve bottled water and carbonated rink in the country in the region. North America region dominates the growth of the global reusable plastic containers market with the highest growth rate. This is attributed to the increasing food and pharmaceutical industry.

Market Recent Development
• Tesco introduced a reusable packaging partnership with the reusable packaging platform Loop
In September 2021, Tesco introduced a reusable packaging partnership with the reusable packaging platform Loop, as part of its environmental efforts. According to the agreement, Tesco's ten locations in the east of England will sell goods in recyclable containers that can be filled at the retailer once they are empty. 88 products are available in reusable packaging, including items from companies including Tetley Tea, Fever-Tree, Carex, Persil, and BrewDog.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Reusable Plastic Containers - RPCs Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Reusable Plastic Containers - RPCs Market Segmentation
1.5.1 Reusable Plastic Containers - RPCs Market Regional Fragmentation
1.5.1 Reusable Plastic Containers - RPCs Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Reusable Plastic Containers - RPCs Market
Chapter 4 Global Reusable Plastic Containers - RPCs Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Reusable Plastic Containers - RPCs Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Reusable Plastic Containers - RPCs Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Reusable Plastic Containers - RPCs Market Regional Analysis
Chapter 12 North America Reusable Plastic Containers - RPCs Market Outlook (2018 - 2030)
Chapter 13 Europe Reusable Plastic Containers - RPCs Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Reusable Plastic Containers - RPCs Market Outlook (2018 - 2030)
Chapter 15 Latin America Reusable Plastic Containers - RPCs Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Reusable Plastic Containers - RPCs Market Outlook (2018 - 2030)
Chapter 17 Research Findings
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Related Report
• Reusable Plastic Crates Market - https://www.cognitivemarketresearch.com/reusable-plastic-crates-market-report
• Insulated Food Container Market - https://www.cognitivemarketresearch.com/insulated-food-container-market-report
• Returnable Packaging Market - https://www.cognitivemarketresearch.com/returnable-packaging-market-report

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