Global market for returnable transport packaging to grow

By Modern Materials Handling Staff
February 27, 2013 - MMH Editorial

According to a recent report, the global mar­ket for return­able trans­port pack­ag­ing (RTP) will grow at a CAGR of 6.1% over the next few years. By 2017, Priority Metrics Group projects the global RTP market to reach $6.75 billion. The U.S. market for returnable transportation packaging is currently estimated to be slightly over $1.1 billion dollars.

The report ana­lyzes the multi-billion global mar­ket and presents his­tor­i­cal and pro­jected mar­ket data by prod­uct type (includ­ing con­tain­ers, pal­lets, and drums), cir­cu­la­tion type (closed loop, open loop and pool­ing), global region and key mar­kets (includ­ing auto­mo­tive, retail and postal ser­vices). The report also con­sid­ers key trends that will impact the indus­try as well as pro­files of lead­ing sup­pli­ers of return­able trans­port pack­ag­ing prod­ucts. The report con­tains over 50 detailed tables and charts sum­ma­riz­ing key infor­ma­tion such as sales, key play­ers, mar­ket share and growth. In addi­tion, there are mul­ti­ple fig­ures and dia­grams of prod­uct designs, new tech­nolo­gies, mate­r­ial flow, etc.

“With demand for return­able trans­port pack­ag­ing expected to rise by 6.1% per­cent annu­ally world­wide over the next five years, com­pa­nies should take a hard look at the oppor­tu­ni­ties for expan­sion here and abroad,” says Pri­or­ity Met­rics Group Pres­i­dent John Bar­rett.

For more information, click here.



Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Parent company's Logistics & Automation Division began servicing North American customers in 1962, 12 years before Murata machinery was established.

Pack Expo and Pharma Expo to draw 2,400 exhibitors in more than 1.2 million net square feet of exhibit space.

Cloud-based manufacturing execution systems grant visibility into centralized or global manufacturing environments.

In-plant trailers represent a tried and true method of moving materials through plants safely and efficiently. While trailers look alike at first glance, there are some significant differences that greatly affect performance and cost. The wise purchaser will study the differences and select the system that makes the best sense for the specific application. This complimentary white paper addresses the most important design factors to consider when specifying in-plant trailers.

Very often companies debate needing a new WMS or just muddling through while constantly adding to the List. The List is that set of notes that operations people wish their WMS could do. Every operation has their unique items, things their business requires that their WMS system doesn't do, or does poorly. This white paper reviews how to extend a WMS to allow the List to become a thing of the past.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA