“Search 96 market data tables and 36 figures spread over 161 pages and detailed TOC on the ‘Global Reusable Packaging Market’

Global returnable packaging market by product type (pallets, cases, bulk containers, barrels and barrels, bottles, dunnage), material (plastic, metal, wood, glass, foam), end-use industry and region

The globe Reusable packaging market Size is expected to grow from $104.9 billion in 2021 to $141.7 billion in 2026 at a CAGR of 6.2% from 2021 to 2026. Reusable packaging is an environmentally friendly and cost-effective alternative to single-use packaging products. This method is commonly used by manufacturers/processors and their suppliers/customers in an organized supply chain with tightly managed shipping loops. Reusable packaging is widespread and preferred in end-use industries such as food and beverage, automotive, consumer durables and healthcare, among others.

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Based on the end-use industry, the automotive segment is expected to be the larger segment in the returnable packaging market. The global automotive industry is characterized by the presence of complex supply chains and networks that require the integration of multiple processes to enable the inbound and outbound flow of reusable packaging. Several OEMs are now using returnable packaging to improve the efficiency of their operations by reducing the lead time for returning products to manufacturers/suppliers. Returnable containers are commonly used by automobile manufacturers to transport various parts of automobile components to component suppliers. These components are then shipped to assembly plants for assembly. In the automotive industry, plastics and steel are used for reusable packaging because they are durable and tamper-proof. The demand for reusable packaging is increasing in the…