Who are the key players in the returnable packaging market?

Posted by pooja on August 11th, 2022

Returnable packaging includes reusable pallets, racks, bulk containers, hand held containers and dunnage which are capable of moving the products safely and efficiently throughout. Requirement of Returnable or reusable packaging in well organised supply chains, with very tightly managed shipping loops is used by manufacturers and their suppliers therefore, growing the market.

Due to the repeated utilization of returnable packaging, investors can witness direct savings in packaging purchase. Even the higher initial purchase may end up into lower cost trip due to the repeated use. Returnable packaging provides direct benefit in reducing waste management costs. 

Returnable packaging is difficult in situations of long distance, low volume making the cost of returnables too high. Uncertainty in pallet and container theft remains the issue requires the incorporation for tracking devices resulting in other side costs. These products occupy major storage space and therefore require periodic maintenance. All these factors act as restraints for the market growth.

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