We use cookies for a better user experience. Read our Privacy Policy
I AgreeReturnable plastic crates are developed to transport organic produce from field to grocery stores and from grocery stores to homes (especially in online shopping and home delivery models). These crates are excellent in cooling and protecting perishable produce and this plays a key role in preservation.
It is pertinent to note here that aeration and rigidity of plastic crates helps reduce percentage of tomatoes damaged in transit to less than 5%, thereby, leading to more income for farmers and distributors. In fact, practical use by value chain actors in 2017 have shown that with the use of good handling practices, the percentage loss is less than 1%. The crates are also known to last for up to 3 years if manufactured to standard.
All this goes in vastly in their favor, helping the global returnable plastic creates market grow over the forecast period of 2020 to 2030, notes Transparency Market Research in its upcoming report. These crates are used for transportation of several goods in industries such as food & beverages, agricultural, hospitality, among others, which will need heavy logistical support as they expand.
Several manufacturers in returnable plastic crates market make it a fragmented vendor landscape. Players dabble with a series of varied growth strategies in order to lay claim to a higher market share. One of the most notable strategies is to expand operations across new regional markets to tap into new consumer bases.
Some major players in this market are as follows –
The North American region is expected to gain considerable dividends in the returnable plastic crates market owing to a steadily growing e-commerce sector, which requires heavy logistical support. Unsurprisingly, the market is one of the largest in the world and has held the dominant share of revenues in recent times. Since ecological consciousness is more prevalent here than elsewhere, the regional market has witnessed increased growth in this region.
Also, the Asia Pacific (APAC) region is expected to register the highest growth in this market during the forecast period. Increase in population with a demand for premium facilities, and increasing disposable income in the region are contributing to this growth.
Interested in this report?
Get a FREE Brochure now!
*Get Brochure (PDF) sent to your email within minutes
N/A
Complete the form below and we'll get back to you shortly.