Global Collapsible Rigid Containers Market

 

Global Collapsible Rigid Containers Market size was valued at US$ 518.5 Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ 633.2 Mn.

The global Collapsible Rigid Containers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Collapsible Rigid Containers report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Collapsible Rigid Containers Market

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Global Collapsible Rigid Containers Market Overview:

Collapsible rigid containers, also known as foldable containers, have shown to be a cost-effective way to decrease excess overhead expenses and solve the storage issue. The load capacity and stability of collapsible rigid containers can be improved by folding or collapsing them into several fractions. Furthermore, shipping and storage managers are always on the lookout for a solution that can improve their operations. Collapsible rigid containers are used to meet this need. For safe and convenient product delivery, collapsible rigid containers are in high demand.
Global Collapsible Rigid Containers Market Dynamics:

Driver:

Due to factors such as higher load capacity, stability, and reduced storage problems, rising demand for collapsible rigid containers, and growing demand for plastic crates and pallet boxes as a bulk packaging alternative for agricultural applications, the collapsible rigid containers market is expected to rise significantly in emerging countries during the forecast period of 2020-2026.

The demand for foldable rigid containers will be boosted by the growing car and chemical industries. Collapsible rigid containers are becoming increasingly popular as a bulk packaging alternative for a variety of fresh produce and agricultural applications across the world.

Consumers can pack their agricultural goods according to their needs due to the emergence of plastic collapsible rigid containers in various capacities.
Restraints:

However, as compared to alternatives, collapsible rigid containers need a significant investment, which might limit expansion. Although the benefits of collapsible containers, such as improved shelf life and durability, can well outweigh the initial outlay.

Furthermore, the availability of alternative shipping alternatives may have an impact on the demand for collapsible rigid containers. This is proving to be a game-changing possibility for bulk container producers, but it is also causing a drop in the popularity of collapsible rigid containers.
Global Collapsible Rigid Containers Market Segment Analysis:

Based on Product, the foldable rigid containers, such as crates, are in more demand in agricultural applications since they are lighter and more suitable than conventional crates. In comparison to other packing methods, collapsible rigid containers are easier to handle because of their smooth surface. As a result, the global market for foldable rigid containers is growing.

Based on Material, the plastic segment dominated the market over the forecast period. Plastic accounts for almost 90% of sales of collapsible rigid containers, with metal and other materials such as wood accounting for the remainder. Although the benefits of plastic containers continue to outnumber those of wooden or corrugated box containers, the popularity of non-plastics has been steadily increasing in recent years.

Global Collapsible Rigid Containers Market 1
Global Collapsible Rigid Containers Market Regional Insights:

Over the projected period, the Asia Pacific collapsible rigid container market is expected to grow at a high CAGR. Due to the expansion of various chemical and pharmaceutical, consumer durable, and food and beverage sectors in the next years, this geographical sector is expected to be the primary revenue generator in the collapsible rigid container market from a global economic viewpoint. Rising urbanisation in emerging nations such as China and India is also expected to propel the Asia-Pacific market forward.

However, this region's growth in the food and beverage sector has reached saturation, and the rate of expansion is likely to decline during the projected period. North America and Europe are projected to fall behind APAC in terms of worldwide collapsible rigid container market share. Latin America, particularly nations such as Brazil, Argentina, and Mexico, is expected to stimulate demand for food and drinks, resulting in an increase in the use of foldable rigid containers.

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The objective of the report is to present a comprehensive analysis of the global Collapsible Rigid Containers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Collapsible Rigid Containers market dynamics, structure by analyzing the market segments and project the global Collapsible Rigid Containers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Collapsible Rigid Containers market make the report investor’s guide.
Global Collapsible Rigid Containers Market Key Developments:

Cherry's Industrial Equipment is increasing its product range by producing wire mesh collapsible rigid containers, which are a new type of container.

Schoeller Allibert Services B.V., with the support of EFSA (European Food Safety Authority), the European giant in the returnable plastic packaging environment, is solidifying its sustainable footprint in the collapsible rigid container market.
Global Collapsible Rigid Containers Market Scope:
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Global Collapsible Rigid Containers Market, by Region

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Collapsible Rigid Containers Market Key Players

• SSI Schaefer Ltd.
• Warehouse Rack & Shelf LLC.
• DS Smith Plc
• ORBIS Corporation
• Dynawest Ltd.
• Rehrig Pacific Company
• Bulk Handling Australia.
• Arena Products, Inc.
• Dalian Cimc Logistics Equipment Co., Ltd.
• Georg Utz Holding AG
• WALTHER Faltsysteme GmbH
• Steel King Industries, Inc
• Bekuplast GmbH
• GEBHARDT Fordertechnik GmbH.
• TPS Rental Systems Ltd.
• Myers Industries, Inc.
• Brambles Limited
• Other Key Players

 

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