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Re-usable Corrugated Plastic Packaging - Market Overview

With challenging storage and handling processes, manufacturers are not only looking for efficient packaging solutions but also looking for ways to reuse the product in order to save cost and resources. Re-usable corrugated plastic packaging solutions are categorized as folding boxes, trays, point of purchase (POP) displays, and inserts & dividers. Plastic corrugated packaging products such as folding boxes and trays are water resistant, stronger, durable, and are multi usable as compared to paperboard & paper packaging solutions. Performance and longer life of the re-usable corrugated plastic packaging products can add overall value to the user experience for industrial and non- industrial user. Re-usable corrugated plastic packaging solutions are ideal for harsh environments where moisture, humidity, and ESD are a problem. Reusable corrugated plastic packaging offers better product protection and crush resistance than conventional paper & paperboard packaging.

Re-usable Corrugated Plastic Packaging – Market Dynamics

Re-usability along with higher operational performance are some important factors that propels the market for re-usable corrugated plastic packaging. Re-usable corrugated plastic packaging solutions are widely used by industries like food & beverages, agriculture, advertising, pharmaceuticals, automotive, and electrical & electronics. Clean reliable, re-usable corrugated plastic packaging offers storage and protection for pharmaceutical products such as vial, tubes and other delicate equipment. Recycling of plastic packaging has benefits to the environment. Re-usable corrugated plastic packaging products are used in nearly all the industries. Food & beverage, and consumer electronics industries mainly drives the market for re-usable corrugated plastic packaging. Re-usable corrugated plastic packaging products are used in food & beverage industry to package products like fruits & vegetables and beverages for protective packaging.

Re-usable corrugated plastic packaging offers a wide range of applications for packaging and storage purposes. They are cost-effective and can be a replacement for alternative products such as fiberboard, molded fiber, and material handling.

Re-usable Corrugated Plastic Packaging - Market Segmentation

The global market for re-usable corrugated plastic packaging is segmented on the basis of material type, on the basis of packaging type, and on the basis of end-use industry.

On the basis of basis of material type, the re-usable corrugated plastic packaging market is segmented as:

  • Polypropylene (PP)
  • Polyethylene (PE)
    • HDPE
  • Polyethylene Terephthalate (PET)
  • Polycarbonate (PC)
  • Polypropylene Carbonate (PPC)

The re-usable corrugated plastic packaging is categorized into PP, PE, PET, PC, and PPC. The PE segment is further sub-segmented into high density polyethylene. Among the material types the PP segment is expected to account for highest market share due to its toughness, and light weight along with durability. The pricing of the corrugated plastic trays has been considered on the basis of material type.

On the basis of basis of packaging type, the re-usable corrugated plastic packaging market is segmented as:

  • Folding Boxes
  • Trays
  • Point of Purchase (POP) Displays
  • Inserts and dividers
  • Others (bins, racks)

On the basis of basis of end-use industry, the re-usable corrugated plastic packaging market is segmented as:

  • Food & beverages
  • Agriculture
  • Advertising
  • Pharmaceuticals
  • Automotive
  • Electricals
  • Consumer electronics

Corrugated Plastic Packaging: Production Process

Corrugated plastic packaging solutions undergo following production process.

re-usable-corrugated-plastic-packaging-market-0.jpg

Re-Usable Corrugated Plastic Packaging Market - Regional Outlook

Geographically, the global market for re-usable corrugated plastic packaging is divided into seven key regions as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APeJ), Middle East & Africa, and Japan.

Re-Usable Corrugated Plastic Packaging Market - Key Players

Some of the key players operating in the global re-usable corrugated plastic packaging market are categorized in three tiers as

  • Tier 1 (Includes players having revenue more than US$ 100 Mn)
    • DS Smith plc.
    • Inteplast Group, Ltd.
    • Dynapac Co., Ltd.
    • Flexcon Company, Inc.
  • Tier 2 (Includes players having revenue more than US$ 10 Mn)
    • Söhner Kunststofftechnik GmbH
    • Technology Container Corp.
    • Minnesota Diversified Industries, Inc.
    • American Containers, Inc.
    • Yamakoh, Co., Ltd.
  • Tier 3 (Includes players having revenue less than US$ 10 Mn)
    • Mills Industries.
    • Plastic Packaging Solutions
    • Amatech Inc.
    • Genesee Packaging, Inc.
    • Numatech West LLC
    • Shish Industries Limited
    • Dongguan Jianxin Plastic Products Co., Ltd.
    • Androp Packaging, Inc.

Many small and regional players are expected to contribute to the global re-usable corrugated plastic packaging market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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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.

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