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Returnable Plastic Crate Market

Returnable Plastic Crate Market Size, Share & Trends Analysis Report By Capacity (Less than 10 kg, 10 kg to 20 kg, 21 to 35 kg, 36 to 50 kg, Above 50 kg), By Product Type (Stackable, Nestable, Collapsible), By Material (High-Density Polyethylene (HDPE), Polypropylene (P.P.), Others), By Application, By Region, And By Segment Forecasts, 2023-2031.

Report ID : 2252 | Published : 2023-12-04 | Pages: 179 | Format: PDF/EXCEL

Returnable Plastic Crate Market Size is valued at USD 1.65 Bn in 2022 and is predicted to reach USD 2.54 Bn by the year 2031 at a 5.03% CAGR during the forecast period for 2023-2031.

Returnable Plastic Crate Market

Returnable containers have emerged as a solution that effectively meets transportation requirements and significantly reduces losses in complex supply chain networks. Consequently, the returnable plastic crates are expected to become more popular during the projection period due to urbanization. Storage plastic crates, which are available in a variety of sizes and patterns, are an alternative to traditional wooden boxes. Reusable packaging as a service is one of the primary causes driving the rise of the returnable plastic crate market. Some organizations provide reusable packaging as a service, managing the whole lifetime of returnable plastic crates for enterprises and easing the load of maintenance and management for end users.

However, lockdowns and restrictions disrupted supply systems all around the world. This could have had an impact on RPC return and reuse logistics, causing disruptions in their intended cycle. Economic insecurity and downturns in numerous industries may have prompted some organizations to decrease expenditures, thus hurting investments in reusable packaging solutions such as RPCs.

Some Major Key Players In The Returnable Plastic Crate Market:

  • Brambles Limited
  • Myers Industries Inc.
  • Supreme Industries Limited
  • Schoeller Allibert Services BV.
  • DS Smith PLC
  • Rehrig Pacific Company Inc.
  • TranPak Inc.
  • IPL Plastics Inc.
  • RPP Containers
  • Craemer UK Limited
  • Dynawest Limited
  • Dolav UK Limited
  • Ravensbourn Limited
  • Zhejiang Zhengji Plastic Industry Co. Ltd.
  • Stamford Products Limited
  • Others

Market Segmentation:

The Returnable Plastic Crate Market is segmented as capacity, product type, material, and application. As per the capacity, the market is segmented as less than 10 kg, 10 kg to 20 kg, 21 to 35 kg, 36 to 50 kg, and above 50 kg. The product type segment includes stackable, nestable, and collapsible. By material, the market is segmented into high-density polyethene (HDPE), polypropylene (P.P.), and others. The applications segment includes agriculture, grocery, dairy, bakery, seafood & meat, and others.

Based On Capacity, The Nestable Segment Is A Major Contributor In The Returnable Plastic Crate Market. 

The nestable category is expected to hold a major share of the global Returnable Plastic Crate Market in 2022. Nestable boxes save a lot of space. They can be nested or stacked inside one another while not in use, minimizing the amount of storage space necessary, which is especially useful in warehouses, distribution centres, and during return transit. Nestable crates' space efficiency results in cost savings in storage and transportation. Lower warehouse expenses result from reduced storage space requirements, and the capacity to stack more crates on a single pallet results in lower shipping costs. Nestable containers make supply chain and logistical operations more efficient.

High-Density Polyethylene (HDPE) Segment Witnessed Growth At A Rapid Rate.

The High-density polyethene segment is projected to grow at a rapid rate in the global Returnable Plastic Crate Market. Because of its great durability, HDPE is ideal for applications requiring long-lasting and durable packaging solutions. HDPE boxes can withstand hard handling and safeguard the products being transported. Because HDPE is extremely recyclable, it is an environmentally friendly alternative. Businesses and industries are increasingly choosing packaging solutions produced from recycled HDPE or recyclable after use. HDPE crates with insulating qualities can be created, making them useful for temperature-regulated logistics, such as the delivery of medications and perishable items. HDPE crates can be customized with company logos and product information as a marketing tool during transit and in-store displays. The use of HDPE in returnable plastic crates is consistent with environmental objectives and efforts to reduce waste.

In The Region, Europe's Returnable Plastic Crate Market Holds A Significant Revenue Share.

Europe's Returnable Plastic Crate Market is expected to record the maximum market share in revenue in the near future. Europe has been a leader in environmental sustainability efforts, and there is a significant push to reduce single-use plastics. RPCs are compatible with the region's environmental goals because they are reusable and recyclable. The emphasis in Europe on efficient and sustainable supply chains pushes the deployment of RPCs. With their stackable and robust construction, these boxes help to streamline logistics and reduce environmental impact. Asia-Pacific, on the other hand, is expected to demonstrate profitable growth during the forecast period due to the region's higher concentration of prominence, expanding investment for research and development capabilities, and rising standard of living.

Recent Developments:

  • In July 2023, DS Smith allocated €34 million into a strategic initiative aimed at substituting plastic and promoting environmentally-friendly packaging. DS Smith's Greek division has announced a total investment of €33.9m, which will be distributed across three facilities. These sites are focused on developing sustainable packaging solutions and will receive the investment over the course of the next two years.

Returnable Plastic Crate Market Report Scope

Report Attribute

Specifications

Market Size Value In 2022

USD 1.65 Bn

Revenue Forecast In 2031

USD 2.54 Bn

Growth Rate CAGR

CAGR of 5.03% from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Bn, Volume (Unit) and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Capacity, By Product Type, By Material, By Application

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea

Competitive Landscape

Brambles Limited, Myers Industries Inc., Supreme Industries Limited, DS Smith PLC, Schoeller Allibert Services B.V., Rehrig Pacific Company Inc., TranPak Inc., IPL Plastics Inc., RPP Containers, Craemer UK Limited, Dynawest Limited, Dolav UK Limited, Ravensbourn Limited, Zhejiang Zhengji Plastic Industry Co. Ltd., Stamford Products Limited., Others

Customization Scope

Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing And Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

 

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Returnable Plastic Crate Market Snapshot

Chapter 4. Global Returnable Plastic Crate Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Product Type Estimates & Trend Analysis

5.1. By Product Type, & Market Share, 2020 & 2031

5.2. Market Size (Value US$ Mn & Volume (Unit)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Product Type:

5.2.1. Stackable

5.2.2. Nestable

5.2.3. Collapsible

Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis

6.1. By Application & Market Share, 2020 & 2031

6.2. Market Size (Value US$ Mn & Volume (Unit)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Application:

6.2.1. Agriculture

6.2.2. Grocery

6.2.3. Dairy

6.2.4. Bakery

6.2.5. Seafood & Meat

6.2.6. Others

Chapter 7. Market Segmentation 3: By Material Estimates & Trend Analysis

7.1. By Material & Market Share, 2020 & 2031

7.2. Market Size (Value US$ Mn & Volume (Unit)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Material:

7.2.1. High Density Polyethylene (HDPE)

7.2.2. Polypropylene (PP)

7.2.3. Others

Chapter 8. Market Segmentation 4: By Capacity Estimates & Trend Analysis

8.1. By Capacity & Market Share, 2020 & 2031

8.2. Market Size (Value US$ Mn & Volume (Unit)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Capacity:

8.2.1. Less than 10 Kg

8.2.2. 10 Kg to 20 Kg

8.2.3. 21 Kg to 35 Kg

8.2.4. 36 Kg to 50 Kg

8.2.5. Above 50 Kg

Chapter 9. Returnable Plastic Crate Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) estimates and forecasts By Product Type, 2019-2031

9.1.2. North America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) estimates and forecasts By Application, 2019-2031

9.1.3. North America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) estimates and forecasts By Material, 2019-2031

9.1.4. North America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) estimates and forecasts By Capacity, 2019-2031

9.1.5. North America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) estimates and forecasts by country, 2019-2031

9.2. Europe

9.2.1. Europe Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Product Type, 2019-2031

9.2.2. Europe Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Application, 2019-2031

9.2.3. Europe Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Material, 2019-2031

9.2.4. Europe Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Capacity, 2019-2031

9.2.5. Europe Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) by country, 2019-2031

9.3. Asia Pacific

9.3.1. Asia Pacific Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Product Type, 2019-2031

9.3.2. Asia Pacific Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Application, 2019-2031

9.3.3. Asia Pacific Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Material, 2019-2031

9.3.4. Asia Pacific Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Capacity, 2019-2031

9.3.5. Asia Pacific Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) by country, 2019-2031

9.4. Latin America

9.4.1. Latin America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Product Type, (US$ Million) 2019-2031

9.4.2. Latin America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Application, (US$ Million) 2019-2031

9.4.3. Latin America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Material, (US$ Million) 2019-2031

9.4.4. Latin America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Capacity, (US$ Million) 2019-2031

9.4.5. Latin America Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) by country, 2019-2031

9.5. Middle East & Africa

9.5.1. Middle East & Africa Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Product Type, (US$ Million) 2019-2031

9.5.2. Middle East & Africa Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Application, (US$ Million) 2019-2031

9.5.3. Middle East & Africa Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Material, (US$ Million) 2019-2031

9.5.4. Middle East & Africa Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) By Capacity, (US$ Million) 2019-2031

9.5.5. Middle East & Africa Returnable Plastic Crate Market revenue (US$ Million) & Volume (Unit) by country, 2019-2031

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. Brambles Limited

10.2.2. Myers Industries Inc.

10.2.3. Supreme Industries Limited

10.2.4. Schoeller Allibert Services B.V.

10.2.5. DS Smith PLC

10.2.6. Rehrig Pacific Company Inc.

10.2.7. TranPak Inc.

10.2.8. IPL Plastics Inc.

10.2.9. RPP Containers

10.2.10. Craemer UK Limited

10.2.11. Dynawest Limited

10.2.12. Dolav UK Limited

10.2.13. Ravensbourn Limited

10.2.14. Zhejiang Zhengji Plastic Industry Co. Ltd.

10.2.15. Stamford Products Limited.

Segmentation of Returnable Plastic Crate Market-

By Capacity-

  • Less than 10 kg
  • 10 kg to 20 kg
  • 21 to 35 kg
  • 36 to 50 kg
  • Above 50 kg

Returnable Plastic Crate Market Seg

By Product Type-

  • Stackable
  • Nestable
  • Collapsible

By Material-

  • High-Density Polyethylene (HDPE)
  • Polypropylene (P.P.)
  • Others

By Application-

  • Agriculture
  • Grocery
  • Dairy
  • Bakery
  • Seafood & Meat
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

 

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Returnable Plastic Crate Market?

Returnable Plastic Crate Market expected to grow at a 5.03% CAGR during the forecast period for 2023-2031

Dynawest Limited, Dolav UK Limited, Ravensbourn Limited, Zhejiang Zhengji Plastic Industry Co. Ltd., Stamford Products Limited., Others

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