U.S. Returnable Packaging Market Size & Outlook, 2023-2030
U.S. returnable packaging market, 2018-2030 (US$M)
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U.S. returnable packaging market highlights
- The U.S. returnable packaging market generated a revenue of USD 24,360.1 million in 2023 and is expected to reach USD 35,178.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 24,360.1 million |
| Market revenue in 2030 | USD 35,178.4 million |
| Growth rate | 5.4% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 21.1% of the global returnable packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. returnable packaging market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,314.6 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 63.63% in 2023. Horizon Databook has segmented the U.S. returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is the most significant returnable packaging market in North America due to extensive manufacturing companies' presence. The country’s trade was valued at USD 5.3 trillion in 2022, wherein USD 2.1 trillion was through exports, and USD 3.31 trillion was through imports.
It stands as a top importing country globally with other key importing countries, including China, Germany, Japan, Canada, and Mexico. The transportation and logistics industry in the U.S. has been growing year-on-year with increasing demand from imports and exports coupled with augmenting FDI (foreign direct investment) in the country.
The overall FDI reached approximately 6.49 trillion in 2021, owing to the rising demand for logistics from the highly integrated supply chain network in the country. Some of the key companies in the logistics business include XPO Logistics, Inc. UPS Supply Chain Solutions, DHL Supply Chain, C.H. Robinson Worldwide, and Expeditors International of Washington.
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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 country-level data and insights on the U.S. returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into U.S. returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. returnable packaging market size, by material, 2018-2030 (US$M)
U.S. Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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