Collapsible Rigid Containers Market

Collapsible Rigid Containers Market: Overview

Collapsible rigid containers also known as Foldable Containers have emerged as an innovation to cut the repositioning & handling costs as well as to solve the space shortage problem. Collapsible rigid containers are in high demand owing to the customer requirement who don’t want empty containers to accumulate the same space in a warehouse or on trucks as they do when they are full. These containers can thus be collapsed/unfolded to their number of fractions leading to stability and load capacity. Collapsible rigid containers are made of various materials which include metal, plastic, fiberboard etc. Goods manufacturers can also prefer collapsible rigid containers for shipping goods for long-distance which was not possible in case of other rigid containers. Collapsible rigid containers are used to store & ship packaged food & beverages, ready commodities, raw materials, chemical products, syrups etc.

Collapsible Rigid Containers Market: Drivers & Restraints  

Higher operational performance along with Cost-effectiveness are some crucial factors that drive the demand for collapsible rigid containers and have thus boosted the growth of the collapsible rigid containers market across the globe. Furthermore, Growth in commodity trade, particularly in emerging economies, is expected to drive the global collapsible rigid containers market over the forecast period. On the other hand, higher initial costs along with lack of consumer awareness are two key factors that hinder the growth of collapsible rigid containers market across the globe.

Collapsible Rigid Containers Market: Segmentation

The global collapsible rigid containers market is segmented as follows

On the basis of material type, the collapsible rigid containers market is segmented into:

• Metal Containers
• Plastic Containers
• Others

On the basis of design of Container, the collapsible rigid containers market is segmented into:

• Light-duty container
• Medium-duty container
• Heavy-duty container

On the basis of applications, the collapsible rigid containers market is segmented into:

• Food & beverages
• Chemical & pharmaceuticals
• Consumer goods
• Others

Collapsible Rigid Containers Market: Segmentation Overview

Collapsible rigid containers are in high demand for convenient & safe shipping of products related to food & beverages, chemical & pharmaceuticals industries. Based on the material type, metal containers especially steel containers are expected to dominate the collapsible rigid containers market over the forecast period. Depending on the kind of design, medium & heavy duty containers are usually preferred and are shaped in a wide range of shapes & capacity to suit almost any need. 

Collapsible Rigid Containers Market: Regional Overview

Geographically, the global collapsible rigid containers market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The Asia Pacific collapsible rigid containers market is estimated to rise at a healthy CAGR over the forecast period. In the coming years, due to the emergence of several chemical & pharmaceutical, consumer durable and food & beverages industries, this regional segment is likely to be the key revenue generator from the global economic perspective in the collapsible rigid containers market. Rising urbanization in the developing countries such as China & India is also anticipated to steer the Asia-Pacific’s market in the upward direction. North America along with Europe are expected to follow APAC in regards to market share in the collapsible rigid containers market across the globe. However, this region has reached saturation level concerning growth in the food & beverages industry and are thus expected to slow down the rate of growth over the forecast period. Latin America especially countries like Brazil, Argentina, Mexico, etc. are estimated to fuel the demand for food and beverages, thereby leading to the growth in the consumption of collapsible rigid containers.

Collapsible Rigid Containers Market: Key Players

Some of the key players that operate in the collapsible rigid containers market across the globe are SSI Schaefer Limited, Warehouse Rack & Shelf LLC., CARGOSHELL, Custom Equipment Company, Cherry's Industrial Equipment Corp. and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.