Collapsible Containers Market

Global Collapsible Containers Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Higher operational performance along with cost-effectiveness, growing demand for plastic crates & pallet boxes as a bulk packaging option and rising demand for collapsible containers are the major factor driving the growth of Global Collapsible Containers Market.

Collapsible Containers Market is expected to grow with the CAGR of 3.85% over the forecast period.

Scope of Global Collapsible Containers Market Report:

Collapsible containers are normally foldable. Collapsible containers conserve the external volume necessary throughout the transport and logistics these containers collapse and decrease the cost. Manufacturers recommend collapsible containers using several material types such as wood, plastic, fiberboard, and metal among others. Collapsible containers are in great demand due to the customer necessity who don’t need blank containers to collect the equivalent space in a warehouse or on trucks as they do when they are complete. These containers thus are unfolded/collapsed to their number of fractions heading to stability and load capacity. Goods producers can also choose collapsible rigid containers for transporting goods long-distance which was not possible in the case of other rigid containers.

Collapsible rigid containers are generally used for various applications such as food and beverages industries, automotive industry, personal care industry, healthcare and pharmaceuticals industry. Collapsible containers are used to store & ship packaged food & beverages, ready commodities, raw materials, chemical products, syrups, etc. The first basic shipping container was developed and patented in 1956 by Malcolm McLean.

The Covid-19 has shown a negative impact on several industries across the world including the collapsible containers market. Sales of collapsible containers dropped reasonably in 2020 because of the COVID-19 outbreak. Short-term development possibilities are likely to be affected by reduced demand in the construction, manufacturing, and automotive end-use sectors.

Collapsible Containers Manufactures:

Global Collapsible Containers market reports cover prominent players like SSI Schaefer Limited, Warehouse Rack & Shelf LLC., CARGOSHELL, Custom Equipment Company, Cherry's Industrial Equipment Corp., and others.

Global Collapsible Containers Market Segmentation:

The global collapsible containers market is segmented on the basis on container type, material type, by end-users, and region & country level. Based on container type, the collapsible containers market is classified as bulk bins, pallets, crates, boxes, and cartons. Based on material type, the market is categorized as plastic, wood, metal, paperboard, and corrugated board. Based on end-users, the collapsible containers market is segmented into food industry, beverages industry, automotive industry, personal care industry, healthcare & pharmaceuticals industry.

By Container Type:

• Bulk Bins
• Pallets
• Crates
• Boxes
• Cartons

By Material Type:

• Plastic
• Wood
• Metal
• Paperboard
• Corrugated Board

By End-User:

• Food Industry
• Beverages Industry
• Automotive Industry
• Personal care Industry
• Healthcare & Pharmaceuticals Industry

The regions covered in this Collapsible Containers market report are North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of Collapsible Containers is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

News: Staxxon Received CSC Certification for Its Folding Shipping Container

On May 19^th, 2020; Staxxon, LLC obtained Container Safety Convention (CSC) certification for the newest version of its 20-ft collapsible shipping container. This approval permitted Staxxon’s 20-ft. collapsible container design to be utilized for transporting cargo in a similar manner as a standard container. The CEO of the company, George Kochanowski further added that this certification demonstrates a key milestone for Staxxon company. It confirms the hard work of constructing a sturdy portable container that is 100% compatible with current container fleets across the world. With easy and flexible bundling possibilities, smaller maintenance, great durability, and repair costs, delivering easy to restore walls and doors, the company believes design poses massive advantages for customers shifting vacant containers.

Global Collapsible Containers Market Dynamics:

Several factors are contributing to the growth of the collapsible containers market across the world including higher operational performance along with Cost-effectiveness, growing demand for plastic crates & pallet boxes as a bulk packaging option, rising demand for collapsible containers, and others. The growing generation of containers is one of the factors fueling the growth of the collapsible containers market across the world. In addition, increasing number of product offerings and innovation in the materials used for collapsible containers are also fostering the market growth.

For instance; Orbis Corp. revealed numerous recyclable packaging solutions, comprising OpteBulk, a low-cost portable bulk container produced of a sleeve, pallet, top cap, and tradition-designed plastic corrugated materials. Additionally, EconCore launched new honeycomb core materials for collapsible packaging solutions with a spatial density of 3000 g/m2 for motorized OEMs considering reliable domestic part transport solutions. The latest design, when related to traditional cup-type cores, permits considerable compression strength enhancements.

However, higher initial costs along with a lack of consumer awareness are likely to hamper the growth of the collapsible containers market. In spite of that, the availability of alternative transportation solutions may offer ample opportunities for the further growth of the global collapsible containers market.

Global Collapsible Containers Market Regional Analysis:

Geographically, Europe is expected to witness a significant growth in the global collapsible containers market owing to the rising adoption of plastic pallet boxes in the region. For instance, the GoBox 1210 K PAC is a modern collapsible, lightweight pallet box from Goplasticpallets.com. It is rendered up of plastic-wrapped sleeves, a nestable pallet base, and a safety lid, and it weighs up around 15 kg less than matching products on the market. This product is designed to be used in engineering, retail, and pharmaceutical settings. An average person living in western Europe spends 100 kilograms of plastic every year making plastic pallet boxes. Therefore, the adoption of plastic pallet boxes and crates is anticipated to escalate the growth of the collapsible containers market.

The Asia Pacific is expected to witness the fastest growth in the global collapsible containers market due to intensifying demand for packed food and beverages in the region along with growing urbanization. The demand for packaged food and beverages among the customer is growing across the Asia Pacific region. For instance; Asia pacific food and beverages industry is among the most diversified of global industries. The eco-friendly movement has definitely inspired packaging in food and beverages, with 23% of modern and new beverage launches in 2019 with an environmentally friendly packaging appeal.

Also, according to food and beverage experts in the Asia Pacific region, there is a quickly rising demand for balanced packaging for take-aways and to-go food and beverage. Growing demand for packaged food and beverages with the surge in food & beverages industries is ultimately escalating the demand for collapsible containers. Hence, intensifying demand for packed food and beverages is highly fueling the growth of the collapsible containers market in Asian countries.

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy

Asia Pacific

• China
• Japan
• India
• Southeast Asia

Latin America

• Brazil
• Mexico

The Middle East and Africa

• GCC
• Africa
• Rest of the Middle East and Africa

Key Benefits of Global Collapsible Containers Market Report:

• Global Collapsible Containers market report covers in-depth historical and forecast analysis.
• Global Collapsible Containers market research report provides detailed information about market introduction, market summary, global market revenue (Revenue USD), market drivers, market restraints, market opportunities, Collapsible Containers Manufactures, competitive analysis, regional and country level.
• Global Collapsible Containers market report helps to identify opportunities in the marketplace.
• Global Collapsible Containers market report covers extensive analysis of emerging trends and competitive landscape.

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