The rise of the e-commerce market is being fueled by its expansion. Demand for reusable packing containers will increase soon since marketed packaged items need to be guarded against being damaged or tampered with. Additionally more resilient and long-lasting, reusable packaging offers superior protection for the contents it holds. By limiting transit damage, it helps to lessen the requirement for resources for product disposal, as well as manufacturing and shipping replacements. One of the main causes propelling the reusable packaging business is the design of the pack, which is optimised to conserve cargo space without sacrificing the protection of the object packed inside. In order to develop cutting-edge and effective packaging solutions, businesses are investing in R&D. Returnable packaging technologies are stackable, lightweight, and space-efficient, which reduces the cost of shipping. One of the expanding trends in the returnable packaging market is using cube-shaped packaging in transportation chains. For instance, a manufacturer must fill, store, and handle packages in accordance with packaging strategy in order to obtain acceptable load factors, while a transport provider strives for effective loading and unloading as well as volume and weight-efficient packing.
According to Coherent Market Insights, Reusable Plastic Container sales were valued US$ 255.77 million in 2020; by 2028, it is anticipated that they would have increased to US$ 489.3 million, at a CAGR of 9.5% during the forecast period (2021-2028).
Leading Companies in the Reusable Plastic Containers Industry:
1. Menasha Corporation
The business was established in 1849 and is based in Wisconsin, United States. The company sells fire-resistant, rackable, nestable, and plastic pallets in addition to cardboard boxes and reusable plastic ones. Menasha provides services to global markets for consumer packaged goods, pharmaceuticals, food and beverage, industrial, retail, and environmental products. The company revealed in July 2022 that it had successfully acquired Color-Box, a Georgia-Pacific, LLC business subsidiary.
2. Schoeller Allibert
The firm was established in 1959 and is located in Noord-Holland, The Netherlands. The company produces packaging and container items. Schoeller Allibert is the top provider of reusable plastic packaging, offering successful logistical solutions for the food, automotive, and agricultural industries.
3. Myers Industries
The business was established in 1933 and is located in Ohio, United States. The business manufactures goods made of plastic and rubber for the commercial, consumer, automotive, agricultural, and industrial markets. Plastic containers, items for mending tyres made of rubber, and unique rubber materials are among the company's offerings. The Mohawk Rubber Sales of New England Inc. business was acquired by Myers Industries in 2022.
4. DS Smith
The firm was established in 1940 and has its main office The Company sells industrial packaging as well as consumer boxes, displays, promotional items, protective trays, retail and shelf-ready goods, transit and transport goods, and consumer boxes. The corrugated packaging is provided by DS Smith Plc.
5. Rehrig Pacific Company
The business is headquartered in Los Angeles, California, and was established in 1913. The business creates, produces, and sells plastics and goods. The business manufactures crates, containers, can goods, pallet bins, and plastic bins in addition to providing logistical, packaging, and recycling services.
6. Nefab Group
The business was established in 1949 and is based in Jönköping, Sweden. The company Nefab AB creates and provides packaging solutions. The company provides a range of goods and services, including packaging analysis, administration, handling, and supply management. Nefab provides services to the energy, automotive, aerospace, and telecom industries. Nefab introduced WoodFoam in 2022.
7. IPL Plastics
The business was established in 2004 and is based in Canada. The business creates specialised packaging items such film seals, lids, overcaps, resins, and containers that are largely used in the food and consumer, agricultural, logistics, and environmental end sectors.
*Definition: Transportation of food and beverages worldwide now frequently uses reusable plastic containers (RPCs). Reusable plastic containers, such as totes, cartons, bulk containers, sleeves, and others, are all examples.
