Global Returnable Plastic Crates Market Expected to Grow at a CAGR of 5.5% During 2018-2028

The global returnable plastic crates (RPC) market has witnessed impressive growth in the past few years due to global growth in the logistics and shipping industry.


Albany, NY -- (SBWIRE) -- 10/22/2018 -- The global returnable plastic crates (RPC) market is experiencing impressive growth since the past few years as a result of global advancement noticed in the shipping and logistics industry. In order to study the overall development in the RPC market, a new research has been included to the broad online database managed by Market Research Reports Search Engine (MRRSE). This assessment is titled "Returnable Plastic Crates Market: Stackable Plastic Crates to Witness Fastest Growth during the Forecast Period: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028", which focuses on the global growth factors together with opportunities that are likely to drive the concerned market to newer milestones. As per research findings, growing exports and imports among several countries merged with safer transportation of products has strengthened the development path for the RPC market.

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The study initiates with the executive summary followed by market introduction that includes market taxonomy and knowledge related to raw material suppliers, manufacturers, end user etc. Further, readers can access data linked to packaging market overview and market dynamics which encloses crucial information about market drivers, restraints, trends and opportunities, which are expected to impact the global RPC market in the coming years.

In the later section, the report bifurcates the global returnable plastic crates market on the basis of product type, material type, application, capacity and region. Each of these segments are studied in terms of historic (2012-2016) market size, current (2017-2027) market size, key trends and market attractiveness analysis. By product type, the nestable RPC segment is likely to lead the global market in 2018 in terms of market value. Furthermore, the global RPC market by material type is divided into HDPE, PP and others. Focusing on material types, the HDPE segment is expected to dominate the target market by acquiring more than 60% market share by the end of 2018. Moreover, the HDPE segment is also projected to rise at 5.7% CAGR during the forecast period.

Geographically, the global market is segmented majorly into five regions; namely, North America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA), Latin America and Japan. Among these, the APEJ region is expected to register the highest growth rate at a CAGR of 7.2% by value during the stated forecast period. Overall, this research report is a fine collection of data that can assist investors and market players in framing improved future plans.

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