Returnable Transport Packaging Market expected to register a CAGR of 4.8% between 2021 and 2031
The returnable transport packaging market revenue totaled US$ 24 billion in 2020, according to FMI. The overall global market is expected to register a CAGR of 4.8% between 2021 and 2031. The demand for returnable transport packaging will accelerate with the top 3 providers cumulatively accounting for 15-20% of the global sales of returnable transport packaging in 2021. The global returnable transport packaging is projected to register a CAGR of 4.8% during the forecast period due to the rising demand for protective, lightweight, cost-effective, and reusable transport packaging solutions among the various end-use industries across the globe. Returnable transport packaging is a packaging solution in which goods/products can be transported more than one time which means they can be reused. It is a reverse logistic system that helps in refining the supply chain. Request a report sample to obtain authentic analysis and com...