Europe Automotive Returnable Packaging Market Size & Outlook
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Europe automotive returnable packaging market highlights
- The Europe automotive returnable packaging market generated a revenue of USD 5,675.0 million in 2023.
- The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, pallets was the largest revenue generating product in 2023.
- IBCs is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,675.0 million |
| Market revenue in 2030 | USD 8,029.1 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Pallets |
| Fastest growing segment | IBCs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pallets, Crates, IBCs, Drums & Barrels, Dunnage |
| Key market players worldwide | Brambles Ltd, UFP Industries Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.1% of the global automotive returnable packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,803.8 million by 2030.
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Automotive Returnable Packaging Market Scope
Automotive Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| UFP Industries Inc | View profile | 15800 | 2801 East Beltline Avenue NE, Grand Rapids, MI, United States, 49525 | https://www.ufpi.com |
| Brambles Ltd | View profile | 12262 | 255 George Street, Level 29, Sydney, NSW, Australia, 2000 | https://www.brambles.com |
Europe automotive returnable packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive returnable packaging market will help companies and investors design strategic landscapes.
Pallets was the largest segment with a revenue share of 56.63% in 2023. Horizon Databook has segmented the Europe automotive returnable packaging market based on pallets, crates, ibcs, drums & barrels, dunnage covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Automotive Returnable Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- IBCs
- Others
- Pallets
- Dunnage
- Crates
- Drums & Barrels
- Europe Automotive Returnable Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Plastic
- Wood
- Metal
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Target buyers of Europe automotive returnable packaging market databook
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Our clientele includes a mix of automotive returnable packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe automotive returnable packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe automotive returnable packaging market size, by country, 2018-2030 (US$M)
Europe Automotive Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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