Global Automotive Returnable Packaging Market Size & Outlook
Global automotive returnable packaging market, 2018-2030 (US$M)
Related Markets
Global automotive returnable packaging market highlights
- The global automotive returnable packaging market generated a revenue of USD 22,588.4 million in 2023 and is expected to reach USD 32,781.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
- In terms of segment, pallets accounted for a revenue of USD 12,812.3 million in 2023.
- IBCs is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 22,588.4 million |
| Market revenue in 2030 | USD 32,781.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Pallets |
| Fastest growing segment | IBCs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pallets, Crates, IBCs, Drums & Barrels, Dunnage |
Other key industry trends
- In terms of revenue, the North America accounted for 26.7% of the global automotive returnable packaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 207.4 million by 2030.
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Automotive Returnable Packaging Market Scope
Automotive Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| UFP Industries Inc | View profile | 15800 | 2801 East Beltline Avenue NE, Grand Rapids, MI, United States, 49525 | https://www.ufpi.com |
| Brambles Ltd | View profile | 12262 | 255 George Street, Level 29, Sydney, NSW, Australia, 2000 | https://www.brambles.com |
Global automotive returnable packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive returnable packaging market will help companies and investors design strategic landscapes.
Pallets was the largest segment with a revenue share of 56.72% in 2023. Horizon Databook has segmented the Global automotive returnable packaging market based on pallets, crates, ibcs, drums & barrels, dunnage covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Returnable Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Crates
- IBCs
- Drums & Barrels
- Pallets
- Dunnage
- Others
- Global Automotive Returnable Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Metal
- Plastic
- Wood
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive returnable packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global automotive returnable packaging market size, by region, 2018-2030 (US$M)
Top 10 countries: Automotive returnable packaging market size, 2023 (US$M)
Global automotive returnable packaging market share, by product, 2023 & 2030 (%, US$M)
Automotive returnable packaging market: Opportunity assessment by country
Global automotive returnable packaging market, by region, 2023 (US$M)
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