Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 63.29 Billion | USD 102.06 Billion | 4.9% | 2023 |
According to the report published by Zion Market Research, the global Stack and Nest Containers Market size was valued at USD 63.29 Billion in 2023 and is predicted to reach USD 102.06 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.9% during the forecast period. The report analyzes the global Stack and Nest Containers Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Stack and Nest Containers Market.
The stack & nest containers are light in weight but are strong and durable for the proper handling of the materials that are used in several end-user industries. The different end-user industries where the stack & nest containers are used are the metalworking industry, aerospace industry, electrical and electronics industry, retail industry, and automotive industry.
The market players Schoeller Allibert and Peek & Cloppenburg KG worked together to replace their cardboard packaging with stack and nest containers. It is now being used in the Peek & Cloppenburg logistics center. These containers are having enormous advantages over the cartons that were used previously.
The global market for stack and nest containers is fragmented into its material type, capacity, and end-user industry.
On the basis of the type of material, the global market is segregated into plastic and metal.
On the basis of capacity, the market is categorized into >150 L, 100–150 L, 50–100 L, 25–50 L, and <25 L.
On the basis of the end-user industry, the market is divided into the food & beverage industry, consumer goods industry, shipping, and logistics industry, automotive industry, metalworking industry, pharmaceutical industry, chemical & petrochemical industry, industrial packaging industry, retail industry, aerospace industry, and electrical & electronics industry.
In recent years, the flexible packaging market has developed at a very rapid pace and the rigid packaging sector is developing significantly owing to the growing requirement for industrial packaging. But the rigid packaging may prove inefficient to some of the manufacturers as there is no proper utilization of space. Thus, in order to overcome these drawbacks, the stack and nest containers were developed.
The stacking and the nesting of the shipping containers improved the capability of the goods handling which increased the productivity of the shipping companies. The benefits of using the stack and nest containers are the well-versed handling of the products and the reusability of the product has propelled the growth of the market. Furthermore, these containers are cost-effective and the expense for the raw materials is also low thus triggering the growth of the market. The use of the stack and nest containers also reduces the amount of plastic waste thus being eco-friendly in nature.
Report Attributes | Report Details |
---|---|
Report Name | Stack and Nest Containers Market |
Market Size in 2023 | USD 63.29 Billion |
Market Forecast in 2032 | USD 102.06 Billion |
Growth Rate | CAGR of 4.9% |
Number of Pages | 220 |
Key Companies Covered | Polymer Logistics N.V., Monoflo International, Schoeller Allibert Services B.V., Mailbox: Stamford Products Ltd., Georg UTZ Holding AG, Greif, Inc., Loadhog.co.za, Exporta Global, and others |
Segments Covered | By material type, By capacity, By end-user industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The largest consumer for the stack and the nest containers is the Asia Pacific region owing to rapid industrialization the demand for the product has increased. The second position in the stack and nest containers market is held by North America due to the increased consumption of the product. The regions such as Western Europe and Eastern Europe are experiencing moderate growth in the market. In the Middle East and Africa region, the market will grow at a sluggish rate.
The key market players that are involved in the stack and nest containers market include:
By Material type
By Capacity
By End-user industry
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