Market revenue in 2023 | USD 6,492.3 million |
Market revenue in 2030 | USD 9,746.3 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Plastic |
Fastest growing segment | Metal |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastic, Metal, Wood |
Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
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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 61.09% in 2023. Horizon Databook has segmented the Germany returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the key market in the European returnable packaging market, holding a share of 22.3% as of 2022. The market is expected to grow at a CAGR of 6.0% over the forecast period due to the increased demand from end use companies including food & beverage, automotive and pharmaceutical industries coupled with increasing demand for sustainable and green packaging solutions.
The demand for metal-based solutions including crates, pallets and rigid IBCs are expected to grow at a higher pace with a CAGR of 6.8%. This is due to the increased life of the products and rigid feature, which provides strength, durability, and impact resistance to the products that are transported.
Furthermore, despite the decline in exports from 2021, the country has been experiencing an increase in exports from the year 2022. The overall exports experienced a hike of 2.2% from 2022 to 2023. Exports largely include motor vehicles, machinery, chemicals, and consumer durable products.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into Germany returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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