리필 및 재사용 가능 포장 : 시장 점유율 분석, 산업 동향, 성장 예측(2024-2029년)

The Refillable And Reusable Packaging Market size is estimated at USD 45.67 billion in 2024, and is expected to reach USD 52.20 billion by 2029, growing at a CAGR of 4.43% during the forecast period (2024-2029).

The refillable and reusable packaging market is witnessing a notable surge, propelled by a global shift towards sustainability and heightened environmental consciousness. Governments worldwide are rolling out stringent regulations, and with international trade on the rise, the demand for refillable and reusable packaging is being further catalyzed. Factors such as curbing single-use packaging waste, enhancing economic efficiency, and ensuring packaging safety contribute to the market's growth.

Key Highlights

• The refillable packaging is a sustainable solution that allows multiple product refills, significantly reducing waste compared to single-use items. This trend is particularly prominent in food and beverage, household cleaning, personal hygiene, and other consumables.
• The main goal of refillable packaging is to provide customers with the choice to prolong the life of their containers, therefore tackling the widespread problem of plastic pollution. Refillable packaging offers more than an initial cost, and emphasizing the long-term returns on this upfront cost enhances the business model's sustainability. By highlighting the environmental benefits of refillable packaging, businesses can boost brand loyalty and draw a specific market segment.
• The global emphasis on sustainability has propelled the demand for reusable packaging solutions. These alternatives not only curb waste but also support a circular economy. Various industries, such as automotive and pharmaceutical, have started opting for reusable packing options. The logistics and transportation industry also reduced their packing waste by using pallets and crates to transport goods, which can be reused.
• Reusable products have significantly curbed ecosystem waste, offering a sustainable solution. In the food and beverage sector, they ensure safer transportation, aid in solid waste reduction, and enhance product protection. Reusable packaging systems play a pivotal role in conserving the natural resources. By opting for reuse over the constant production of new materials, businesses not only extend the life of their packaging but also curb the need for fresh raw materials like timber, petroleum, or water.
• While plastic faces mounting environmental concerns, its resiliency and versatility have cemented its role in reusable packaging in retail, logistics, and automotive industries, which lean heavily on plastic containers and pallets.

Refillable And Reusable Packaging Market Trends

Pallets and Crates are Expected to Witness Growth

• Pallets are rigid forms that provide mechanical stability to bulk goods during handling to preserve quality. Handling comprises all activities related to lifting, stacking, product storage, and transportation by land or sea. Plastic pallets are developed to be moveable by equipment such as forklifts, pallet jacks, and front loaders to facilitate the mobility of goods. Plastic pallets have many advantages, such as being lightweight, hygienic, and cost-effective. A business may choose from several plastic pallet designs depending on their needs. Plastic pallets can be noticed in warehouses, factories, stores, and shipping companies.
• The increasing popularity of e-commerce resulted in the expansion of logistics activities, which, in turn, surged the demand for pallets worldwide. Furthermore, the rising penetration of organized retail is anticipated to drive the demand for pallets, as these are widely used in retail spaces for the loading and unloading of heavy merchandise.
• Various companies operating in the industry are focused on expanding their business through acquisitions, collaborations, and more. For instance, in April 2024, Hyne Group announced the expansion of its new operating division with the acquisition of Express Pallets and Crates (Express), based at Narangba near Brisbane. Hyne's acquisition involves the assets and trading business of Express Pallets & Crates. Express has a vast client base with significant long-term relationships across various market segments.
• Plastic pallets and crates have many benefits, such as outshining wood in strength and durability. They excel in high-repeat, closed-loop scenarios, offering robustness that wooden counterparts struggle to match. Unlike their wooden counterparts, plastic pallets and boxes are crafted without nails or sharp edges, eliminating the risk of splinters or loose parts during manual handling.
• According to Modern Materials Handling, the revenue of the pallet market in 2023 was USD 90.61 billion, and it is expected to reach USD 95.23 billion in 2024. The surge in e-commerce is fueling a rising demand for pallets and crates, essential for transporting diverse products, from consumer goods to industrial components. This uptick is prompting retailers and manufacturers to enlarge their warehouses and bolster their inventory. Generally, product manufacturers purchase or lease pallets, factoring them into transportation packaging costs. Conversely, when retailers face a shortage of pallets, recycling firms step in, refurbishing and reselling these essential transport assets.

Asia-Pacific is Expected to Drive the Market

• Asia-Pacific is one of the established regions in the packaging industry due to reasons highlighting environmental care and commitment to sustainable practices. Growing awareness and concern for ecological conservation drive the region's refillable and reusable packaging dominance.
• Government initiatives and legislation have primarily enabled the expansion of the region's refillable and reusable packaging industry by enacting environmental regulations and encouraging companies to use sustainable packaging techniques. According to the Ministry of Environment, Forest and Climate Change in July 2023, the Extended Producer's Responsibility (EPR) guidelines on plastic packaging mandate the reuse of rigid plastic packaging, subject to the regulations specified by the Food Safety and Standards Authority of India for food contact applications. The EPR guidelines also encourage sustainable plastic packaging, thus reducing the plastic footprint.
• Increasing trade with countries such as India and China globally will also push the market for reusable packaging. According to the International Trade Administration (ITA), in March 2024, India stood out as one of the swiftest expanding significant economies worldwide. The US-India ties, robust as ever, saw their combined trade in goods and services soar to a noteworthy USD 191 billion in 2022, nearly doubling the figures from 2014. For the fiscal year spanning April 1, 2022, to March 31, 2023, the Indian economy surged by 7.2%. Notably, Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, and Kerala outshone the national average, boasting a remarkable growth rate of 8% to 9%.
• According to the India Brand Equity Foundation (IBEF), covering more than 80,000 commercial products, India's chemical industry is highly diversified and can be broadly categorized into bulk, specialty, agrochemicals, petrochemicals, polymers, and fertilizers. India is the sixth largest producer of chemicals globally and third in Asia, contributing 7% to its GDP.
• Further, according to the Office of Economic Advisor (OEA) India, the wholesale price index of chemicals and chemical products in India was 133.5. It reached 145.4 in 2023. Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan, and China. From April 2023 to December 2023, India's agrochemicals exports were estimated at USD 3.12 billion. India holds a strong position in chemical exports and imports and ranks 14th in exports and 8th in imports (excluding pharmaceuticals).

Refillable And Reusable Packaging Industry Overview

The refillable and reusable packaging market is fragmented, with various players such as Schoeller Allibert Services BV, International Paper, Mondi PLC, Amcor PLC, Berry Global Inc., and Smurfit Kappa Group. The players are focused on expanding their business in the region through acquisitions, collaborations, mergers, and more.

• February 2024: Brau Union Osterreich and Vetropack Group, one of Europe's manufacturers of glass packaging, launched a new 0.33-liter returnable bottle that can be reused. It was launched on the market as a standard solution for the brewing industry.
• September 2023: Mondi PLC and Veete launched the first paper-based packaging for dry ice in the United Kingdom. Veetee's new rice packaging has been created using Mondi's FunctionalBarrier Paper, providing a safe, secure, and robust alternative to standard plastic packs. Veetee and Mondi were the first in the United Kingdom to launch a paper-based alternative for dry rice, customized in direct response to consumer demands for more sustainable packaging.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Value Chain Analysis
• 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3.1 Bargaining Power of Suppliers
  • 4.3.2 Bargaining Power of Consumers
  • 4.3.3 Threat of New Entrants
  • 4.3.4 Threat of Substitute Products
  • 4.3.5 Intensity of Competitive Rivalry

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Rising Demand for Sustainable and Recyclable Refillable Packaging
  • 5.1.2 Increasing Need for Smart and Trackable Reusable Packaging Solutions
• 5.2 Market Restraints
  • 5.2.1 Supply Chain Disruptions and Regulatory Changes Might Limit the Market Growth

6 MARKET SEGMENTATION

• 6.1 By Material
  • 6.1.1 Plastic
  • 6.1.2 Paper and Paperboard
  • 6.1.3 Metal
  • 6.1.4 Glass
• 6.2 By Product
  • 6.2.1 Bottles and Containers
  • 6.2.2 Pallets and Crates
  • 6.2.3 IBCs
  • 6.2.4 Drums and Barrels
  • 6.2.5 Boxes and Cartons
  • 6.2.6 Cans and Pails
  • 6.2.7 Others Products (Tubes, Pouches, Bags and Sacks, Etc.)
• 6.3 By End-user Industry
  • 6.3.1 Food and Beverage
  • 6.3.2 Cosmetics and Personal Care
  • 6.3.3 Household Care
  • 6.3.4 Chemicals and Petrochemicals
  • 6.3.5 Building and Construction
  • 6.3.6 Shipping and Transportation
  • 6.3.7 Other End-user Industries (Automotive, Pharmaceuticals, Etc.)
• 6.4 By Geography
  • 6.4.1 North America
  • 6.4.2 Europe
  • 6.4.3 Asia-Pacific
  • 6.4.4 Latin America
  • 6.4.5 Middle East and Africa

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Schoeller Allibert Services BV
  • 7.1.2 International Paper
  • 7.1.3 Nefab Group
  • 7.1.4 IPL Inc.
  • 7.1.5 Vetropack Holding Ltd
  • 7.1.6 Mondi PLC
  • 7.1.7 Greif Inc.
  • 7.1.8 Berry Global Inc.
  • 7.1.9 IFCO Systems
  • 7.1.10 Smurfit Kappa Group
  • 7.1.11 GWP Group
  • 7.1.12 Orbis Corporation
  • 7.1.13 Petainer Ltd
  • 7.1.14 Refillism
  • 7.1.15 Amcor PLC
  • 7.1.16 Bormioli Luigi Corporation
  • 7.1.17 Jiangmen UA Packaging Co. Ltd

8 INVESTMENT ANALYSIS

9 FUTURE OUTLOOK OF THE MARKET