Middle East & Africa Returnable Packaging Market Research Report, 2027

Today, more manufacturers are mostly adopting returnable packaging for the shipment of their products. Returnable packaging is the best packaging solution for every shipment of products. Returnable packaging is manufactured from durable materials, and it is specifically designed for multiple trips and extended life during the shipment. A returnable package or container is designed for reuse without impairment of its protective function. Most of the end-use industries, like food and beverages, healthcare, automotive, agriculture, construction, and many other sectors, are using returnable packaging solutions for the maintenance and transportation of their products. Automotive industries are the biggest users of returnable packaging solutions for the transportation of automotive parts. The import and export activities of the region are the main driving force for the growth of the returnable packaging market. The government is also supporting the advancement and adoption of reusable packaging systems in the Middle East & Africa region. Technological advancement in reusable packaging systems is driving the market in the region. Various innovations have made it possible for the development of sustainable and customized returnable packaging solutions in the Middle East and Africa region. Manufacturers are easily tracking their products through RFID and tracking system technology. Also, the perishable products are safely transferred to the end users of the products. These are all major factors driving the market for returnable packaging and achieving robust growth in the forecast period. The returnable packaging market in the Middle East and Africa is segmented into mainly three countries: the UAE, Saudi Arabia, and South Africa. According to the report title, “Middle East & Africa Returnable Packaging Market Research Report, 2027”, publish by Actual Market research, the market was value at around USD 6.04 Billion in 2021 and it is anticipated to grow with the CAGR of 6.44% for the forecast period of 2022-2027. The growth of the e-commerce sector in the Middle East & Africa region has propelled the demand for returnable packaging solutions in the region. Sustainable and environmentally friendly packaging solutions are the ones that trigger the demand for returnable packaging solutions. Saudi Arabia is the leading country in the Middle East & Africa region for the growth of the returnable packaging market. Urbanization and the growth of industries in Saudi Arabia have led to the growth of the returnable packaging market in the region. According to the report, based on product type, the market is segmented into pallets, crates, intermediate bulk containers (IBCs), tanks, drums, and barrels, and other segments. The pallets segment is leading the market with more than 57% of the value market share, followed by the crates segment. The IBCs segment is also growing in the returnable packaging market. Based on the material type, market is segmented into plastic, wood, metal, and other types. Plastic is the most usable material in the returnable packaging market because of its durable and convenient packaging solutions. Plastic pallets and containers are used to store and ship full loads of products in various industries. According to the report, based on end-use, the market is segmented into food and beverages, automotives, consumer durables, healthcare, and other segments. The food and beverage industries are the biggest users of returnable packaging solutions in the region. Rapidly rising domestic food and beverage industries in the region are supporting the import and export activities of the region. This in turn will give rise to the need for returnable packaging solutions. The automotive industry is the fastest growing sector in the returnable packaging market. The automotive industry is estimated to register the highest growth rate in the forecast period. COVID-19 Impact: The outbreak of the COVID-19 pandemic has led to a weakened growth of industrial output, and this has resulted in low production of returnable packaging solutions in the region. All industries that are engaged in providing for essential needs, such as getting food and required supplies safely to consumers, require efficient packaging solutions in the region. This would boost the demand for reusable packaging solutions. Major Companies present in the market: Brambles Limited, Schütz GmbH & Co. KGaA, Orbis Corporation, Schoeller Allibert AB, Nefab Group, TrenStar, DS Smith, IFCO SYSTEMS, Clip-Lok SimPak Considered in this report • Geography: Middle East & Africa • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Middle East & Africa Returnable Packaging market with its value and forecast along with its segments • Country-wise returnable packaging market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • UAE • Saudi Arabia • South Africa Types of Material in the report: • Plastic • Metal • Wood • Others By End-Use in the report: • Food and Beverages • Automotive • Consumer Durables • Healthcare • Others Types of Product in the report: • Pallets • Crates • Intermediate Bulk Containers (IBCs) • Tanks, Drums, and Barrels • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to returnable packaging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.