Global Returnable Packaging Market Size & Outlook
Global returnable packaging market, 2018-2030 (US$M)
Related Markets
Global returnable packaging market highlights
- The global returnable packaging market generated a revenue of USD 115,396.3 million in 2023 and is expected to reach USD 173,049.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6% by 2030.
- In terms of segment, plastic accounted for a revenue of USD 73,160.1 million in 2023.
- Metal is the most lucrative material 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 115,396.3 million |
| Market revenue in 2030 | USD 173,049.5 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
Other key industry trends
- In terms of revenue, the North America accounted for 26.7% of the global 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 1,069.1 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 63.4% in 2023. Horizon Databook has segmented the Global returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Returnable Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Plastic
- Metal
- Wood
- Global Returnable Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Pallets
- Crates
- IBCs
- Drums & Barrels
- Dunnage
- Others
- Global Returnable Packaging End Use Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverage
- Automotive
- Consumer Durables
- Healthcare
- Others
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Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global returnable packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global returnable packaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Returnable packaging market size, 2023 (US$M)
Global returnable packaging market share, by material, 2023 & 2030 (%, US$M)
Returnable packaging market: Opportunity assessment by country
Global returnable packaging market, by region, 2023 (US$M)
| Material | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 24,626.1 | 25,805.8 | 26,743.1 | 28,009.0 | 29,377.1 | 30,841.9 | 32,410.7 | 34,092.3 | 35,895.7 | 37,830.7 | 39,908.4 | 42,140.7 | 44,540.3 | 5.4% |
| Europe | 22,990.3 | 24,102.4 | 25,019.9 | 26,246.5 | 27,571.0 | 28,991.8 | 30,516.2 | 32,152.9 | 33,911.2 | 35,801.2 | 37,833.5 | 40,023.4 | 42,385.1 | 5.6% |
| Asia Pacific | 32,211.6 | 34,199.5 | 35,867.1 | 38,012.2 | 40,363.5 | 42,902.4 | 45,646.1 | 48,612.8 | 51,823.4 | 55,300.4 | 59,068.4 | 63,154.9 | 67,590.3 | 6.7% |
| Latin America | 6,569.9 | 6,908.0 | 7,183.9 | 7,549.9 | 7,949.7 | 8,379.0 | 8,839.8 | 9,335.1 | 9,867.7 | 10,440.7 | 11,057.5 | 11,722.1 | 12,438.6 | 5.8% |
| MEA | 3,478.1 | 3,614.9 | 3,736.6 | 3,903.7 | 4,086.1 | 4,281.2 | 4,489.9 | 4,713.3 | 4,952.6 | 5,209.1 | 5,484.3 | 5,779.0 | 6,095.2 | 5.2% |
| Overall | 89,876.0 | 94,630.6 | 98,550.6 | 103,721.3 | 109,347.4 | 115,396.3 | 121,902.7 | 128,906.4 | 136,450.6 | 144,582.1 | 153,352.1 | 162,820.1 | 173,049.5 | 6.0% |
Related regional statistics
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