PUBLISHER: The Business Research Company | PRODUCT CODE: 1662280
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662280
Returnable packaging pertains to durable packaging designed for multiple reuses within a closed-loop system, capable of being returned for cleaning or refilling purposes. It facilitates safe and efficient transportation of goods across the supply chain.
The primary types of returnable packaging products encompass pallets, crates, Intermediate Bulk Containers (IBCs), drums and barrels, dunnage, and other related items. Pallets, serving as portable platforms for the movement or storage of goods in warehouses, are crafted from materials such as plastic, metal, and wood. These products cater to various end-user sectors including food and beverage, automotive, consumer durables, healthcare, and other industries.
The returnable packaging products market research report is one of a series of new reports from The Business Research Company that provides returnable packaging products market statistics, including returnable packaging products industry global market size, regional shares, competitors with a returnable packaging products market share, detailed returnable packaging products market segments, market trends and opportunities, and any further data you may need to thrive in the returnable packaging products industry. This returnable packaging products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The returnable packaging market size has grown strongly in recent years. It will grow from $128.45 billion in 2024 to $137.23 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to sustainability initiatives, reduced packaging waste, cost savings in supply chain, efficient product transportation, automotive and manufacturing adoption, focus on reusability.
The returnable packaging market size is expected to see strong growth in the next few years. It will grow to $180.49 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to pharmaceutical and healthcare adoption, rising consumer awareness, focus on hygiene and safety, economic considerations, demand for premium and high-value products, expansion of rental models. Major trends in the forecast period include expansion of closed-loop supply chains, collaborative initiatives in packaging consortia, advancements in returnable packaging design, integration of RFID and tracking technologies, consumer demand for sustainable packaging solutions.
The rising demand for sustainable and durable packaging products is anticipated to drive the growth of the returnable packaging market in the future. Sustainable packaging involves the design and use of packaging that enhances sustainability. Packaging products that are both sustainable and durable, along with returnable properties, facilitate reuse and help alleviate environmental strain. For example, in October 2022, a report from The Bag N Box Man Ltd, a UK-based company, revealed that more than half of UK adults (58%) are willing to pay extra for eco-friendly packaging, with nearly 1 in 4 (29%) ready to spend over 11% more on a product if the packaging is sustainable. Thus, the increasing demand for sustainable and durable packaging products is propelling the growth of the returnable packaging market.
The expanding e-commerce industry is expected to contribute to the growth of the returnable packaging market. The e-commerce industry involves the online buying and selling of goods and services, and its global impact has transformed business operations and consumer shopping behaviors. According to Optimonister, a US-based marketing software provider, there were 268 million internet shoppers in the US in 2022, and this figure is projected to reach close to 285 million by 2025. The growing number of online purchasers is a key factor expected to drive the demand for returnable packaging solutions, as these packages are well-suited for the logistics and transportation needs of the e-commerce sector.
Advanced technologies are emerging as a notable trend in the returnable packaging market. Major players in the market are incorporating advanced technologies to maintain a competitive edge. For example, in March 2022, Oakland International, a UK-based logistics and packaging company, introduced OakRA-a sustainable, fully reusable, temperature-controlled packaging unit for home and business direct delivery. This innovative packaging solution utilizes Radio-Frequency Identification (RFID) technology to track the boxes and ensure their reuse. OakRA aims to replace traditional packing materials with a more durable, secure, and endlessly reusable shipping method. The unique features of OakRA include sturdiness, lightweight design, excellent thermal insulation, and significant impact resistance, making it suitable for the transportation of chilled, frozen, or ambient goods. This integration of advanced technologies reflects the commitment of industry players to sustainability and innovation in the returnable packaging market.
Major companies in the returnable packaging market are developing reusable packaging solutions to minimize waste, enhance sustainability, and reduce costs associated with single-use packaging. Reusable packaging solutions consist of systems, containers, or materials designed for multiple uses throughout their lifecycle, in contrast to disposable packaging. This innovative approach replaces traditional cardboard boxes with durable plastic casings, significantly decreasing waste and supporting customers' sustainability objectives. For instance, in September 2024, Array Technologies Inc., a US-based company, introduced a reusable packaging solution focused on improving sustainability and efficiency in the solar industry. The new packaging is engineered for a lifespan of up to 15 years, allowing for repeated use across various stages of the supply chain, including transportation between suppliers, customer locations, and third-party logistics warehouses. Additionally, the reusable bulk packaging facilitates the shipment of more solar tracker components per pallet compared to conventional cardboard, thereby maximizing transport efficiency.
In March 2022, IFCO Japan, a supplier of reusable packaging, made a strategic move by acquiring the RPC pooling services business of SANKO LEASE CO. LTD. Through this acquisition, IFCO Japan aims to advance its sustainability and circular economy-based business strategy, positioning itself as Japan's leading supplier of reusable packaging containers (RPCs) for fresh grocery products. SANKO LEASE CO. Ltd., the company from which the RPC pooling services business was acquired, is engaged in reusable packaging containers pooling services in Japan. This acquisition reflects a commitment to strengthening IFCO Japan's presence in the returnable packaging market, particularly in the context of fresh grocery products.
Major companies operating in the returnable packaging market are Nefab AB, Amatech Inc., Brambles Ltd., Celina Industries LLC, CHEP Inc., DS Smith PLC, IPL Plastic Inc., Menasha Corporation, ORBIS Corporation, PPS Midlands Limited, Rehrig Pacific Company Inc., Schoeller Allibert Group BV, Schutz GmbH & Co KGaA, Tri-Pack Packaging Systems Limited, Vetropack Holding SA, Loadhog Limited, Celina Projects Private Limited, Myers Industries Inc., RPR Inc., UBEECO Packaging Solutions, Atlas Box & Crating Co., Buckhorn Inc., Craemer Holding GmbH, Econovus Packaging Pvt. Ltd., LEAP India Pvt. Ltd., Linpac Group Ltd., Monoflo International Inc., Plastic Packaging Solutions Midlands & East Ltd., Polymer Logistics Inc., Reusable Transport Packaging, Schaefer Systems International Pvt. Ltd., SSI Schaefer Limited
Europe was the largest region in the returnable packaging market in 2024. The regions covered in the returnable packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the returnable packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The returnable packaging market consists of sales of bottles and other products that are made of glass, and foam materials. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Returnable Packaging Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on returnable packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for returnable packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The returnable packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.