The retail marketplace has been witnessing a revolution with rapid expansion of ecommerce, which in turn has transformed the landscape throughout the supply chain. The pick & pack ecommerce methodology utilizes an additional secondary packaging & load utilization, thereby leading to demand for secondary as well as protective transit packaging materials.
Surging trade activities along with robust demand from end-use industries have made the transit packaging management complex. This has further resulted into introduction and rapid adoption of efficient fleet management for enabling management of tracking and cleaning containers, fleet sizes, and maintenance activities, in order to offer safe and effective transportation of goods. Increasing emphasis on safety of products during transportation has led to development and adoption of corrugated boxes in transit packaging, as they facilitate recycling and are sustainable for the environment.
Environmental issues have played a fundamental role in the selection, product design, and business practices associated with transit packaging. Large retailers now demand for less wasteful, more efficient packaging, and their motivation for employing “greener” packaging materials rows in tandem with environmental sensitivities of companies driving the marketplace for transit packaging.
According to a new XploreMR research report, a steady expansion has been slated for the global transit packaging market between the forecast period 2017 and 2026. Over US$ 200,000 Mn worth of transit packaging are poised to be sold worldwide by 2026-end.
Transit Packaging Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)Buy Now
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