Worldwide Returnable Transport Packaging (RTP) Markets to 2026 - Projected to Grow at a CAGR of 9.3% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Returnable Transport Packaging (RTP) - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Returnable Transport Packaging (RTP) Market is expected to grow at a CAGR of 9.3% during the forecast period.
Some of the key factors propelling the market growth are increasing demand for modern grocery retailing, stringent government regulations by the government. However, the high initial costs are hampering the market growth. Furthermore, the technological advancements occurring in this market are considered as the future growth opportunity of the market.
Based on circulation method, pooling system segment is projected to be the growing segment as it is the most efficient model for complex supply chain operations. In this model, a pooling operator is the owner of the returnable transport packaging products and ensures that barriers in the logistics process do not affect supply chain operations.
By geography, North America provides potential growth opportunities owing to the increased adoption of the returnable transport packaging system by the food and beverage industry.
Products Covered:Containers Protective Dunnage Racks Reusable Sacks Support Products Other Products
Circulation Methods Covered:Closed Loop System Pooling System Open Loop System
Materials Covered:Metal Wood Glass Plastic
Applications Covered:Consumer Goods Building and Construction Mechanical Equipment Industries Semiconductors & Electronics Industries Automotive Food and Beverages Logistics & E-Commerce Pharmaceutical Equipment Industry Automobile Industry
Companies Profiled:CSI Sertapak Inc. Free Pack Net PalletOne DS Smith Nefab AB George Utz SSI Schaefer LTDA Foxwood European Logistics Management Myers Industries Monoflo International Eltete TPM Schoeller Allibert Polymer Logistics N.V. Lamar Packaging Systems Outpace Packaging Solutions DelTec Packaging Green Peas Solutions IFCO Systems CHEP International
For more information about this report visit https://www.researchandmarkets.com/research/wkc7vc/worldwide?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005218/en/
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INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
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PUB: 01/18/2019 08:00 AM/DISC: 01/18/2019 08:01 AM