Though returnable packaging reduces disposal cost and purchase cost, it increases the logistics cost due to the need to control the return cycle. Thus, the higher cost is a major concern likely to vitiate the market growth across the globe.

Segmental Analysis

The Returnable Packaging Market Logistics is segmented on the basis of material, product type, and end-use.

By material, the Returnable Packaging Market Logistics is segmented into metal, plastic, wood, and others.

Regional Frontiers

Geographically, the Returnable Packaging Market Logistics spans across Europe, North America, Asia Pacific, and Rest of the World (RoW).

Considering the global scenario, Europe is anticipated to expand at the highest CAGR, mainly due to the surging awareness to reduce packaging waste, coupled with the increased demand for bulk transportation. The presence of a strong industrial base in Europe and surging awareness among the consumers regarding sustainable packaging are some of the major factors propelling the growth of the regional market. The market is also influenced by the improving economy and increasing domestic demand for packaged food and beverage items. The growing awareness for reducing packaging waste among the masses is further likely to encourage the market growth in Europe.

North America will experience the fastest growth rate due to rapidly expanding consumer markets and the high availability of natural resources. In this region, the U.S. is considered to be the primary contributor to the market growth. The shifting preferences of large retailers towards block pallets and increased use of reusable packaging in the F&B industry are likely to fuel the market growth in North America.

Industry Updates

June 2019: The catering equipment hire company, Well Dressed Tables, has recently signed a two-year contract to offer operational services for CupClub, a returnable packaging service for drinks. CupClub offers returnable packaging service with end-to-end service, thus eliminating single-use plastic packaging.

Competitive Dashboard

The players dominating the global Returnable Packaging Market Logistics include Schoeller Allibert (Netherlands), Brambles (Australia), DS Smith (UK), Menasha Corporation (US), Nefab Group (Sweden), Myers Industries (US), IPL Plastics (Ireland), Rehrig Pacific Company (US), Vetropack Holding (Switzerland), and Schutz GmbH & Co. KGaA (Germany).