- The key vendors in the Global Returnable Transport Packaging Market 2015-2019 are IFCO Systems NV, Kuehne + Nagel Inc., Rehrig Pacific Co., Schoeller Allibert Services BV and SSI Schaefer System International Ltd.
London, 10 February 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Returnable Transport Packaging Market 2015-2019. Increase in the use of returnable transport packaging by companies as a means to create brand awareness among their consumers, is one of the major trends being witnessed in this market. Companies have started labeling returnable transport packaging products to increase consumer awareness about their products and gain visibility. The market is expected to grow at a CAGR of 6.86 percent during the forecast period of 2014-2019.
“The Organized Retail market is witnessing high growth in emerging economies such as India and China because of the increase in the demand for packaged and RTE food among consumers,” says Faisal Ghaus, Vice President of TechNavio Research.
“Vendors in the Global Organized Retail market in mature economies such as the US are already increasing their use of returnable transport packaging to improve their supply chain efficiency to transport food products.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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