Nestable Returnable Plastic Crates to Account for Just Under 50% of the Overall Market Share in the Coming Decade
Valley Cottage, NY -- (SBWIRE) -- 11/08/2018 -- Future Market Insights (FMI) delivers key insights on the global returnable plastic crates (RPC) market in a newly published report. In terms of revenue, the global RPC market is estimated to grow at a CAGR of 5.5% over the forecast period owing to numerous factors about which FMI offers thorough insights and forecasts in this report. RPCs are used for the storage of various fresh products for shipping them from one place to another. These crates are of several types such as stackable, nestable and collapsible and are used based on several end uses and needs.
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Global Returnable Plastic Crates Market: Segmental Forecast
The global market for RPCs is segmented based on product type, material type, capacity, application and region.
On the basis of product type, the global market for RPCs is segmented into stackable, nestable and collapsible. On the basis of material type, the global RPC market is segmented into HDPE, PP and others. In addition, based on the capacity, the global RPC market is segmented into less than 10 Kg, 10 Kg to 20 Kg, 20 Kg to 35 Kg, 35 Kg to 50 Kg and more than 50 Kg. Furthermore, based on the applications, the global RPC market is segmented into agriculture, grocery distribution, dairy, bakery, seafood, poultry & meat and other manufacturing.
Global Returnable Plastic Crates Market: Comprehensive Regional Insights
This report assesses the trends that drive each market segment across the various assessed regional markets and offers key takeaways that prove substantially useful for potential market entrants in the RPC market.
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The North America RPC market includes a country-level analysis for the U.S. and Canada. The Canada RPC market is expected to grow at a CAGR of 5.7% over the forecast period. The Latin America RPC market includes a country-level analysis for Brazil, Mexico, Argentina and the rest of Latin America. The Mexico RPC market is expected to grow at a CAGR of 6.8% over the forecast period. The Western Europe RPC market includes a country-level analysis for Germany, Italy, U.K., France, Spain, Benelux and the rest of Europe. Germany and Italy account for a significant market share in the Western Europe RPC market. The Eastern Europe RPC market includes a country-level analysis for Russia, Poland, Ukraine and the rest of Eastern Europe. The Poland RPC market is expected to grow at a CAGR of 5.6% over the forecast period. The Asia Pacific excluding Japan RPC market includes a country-level analysis for China, India, ASEAN, Australia & New Zealand and the rest of APEJ. The APEJ RPC market is the most lucrative geographic region, wherein India and China are poised to exhibit lucrative growth during the forecast period. The Middle East and Africa (MEA) RPC market includes a country-level analysis for GCC, South Africa, North Africa and the rest of MEA. The Japan RPC market is expected to grow at a CAGR of 5.4% over the forecast period.
This report also discusses individual strategies followed by some of the leading companies operating in the global returnable plastic crates market in terms of enhancing their product portfolio, creating new marketing techniques as well as mergers and acquisitions. The competitive landscape included in the report provides a dashboard view as well as company share to report audiences. Key players operating in the global RPC market include Brambles; Myers Industries, Inc.; Supreme Industries Limited; Schoeller Allibert; DS Smith Plc; Dynawest Ltd; Rehrig Pacific Company; TranPak, Inc.; RPP Containers and Ravensbourn Limited.
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