India Returnable Transport Packaging Industry Overview
The India returnable transport packaging (RTP) market is competitive owing to the presence of many small and large players in the country. The market appears to be moderately concentrated, with the significant players adopting strategies like partnerships, mergers, and acquisitions. Some of the major players in the market include Signode Limited, Nefab AB, CHEP Logistics, and LEAP India.
- November 2019 - GEFCO signed an agreement with Airbus to support its transition to a cleaner, more environmentally friendly supply chain. GEFCO will gradually replace Airbus' disposable packaging with reusable, foldable containers. This demonstrates both companies' commitment to meeting the strictest environmental standards while boosting efficiency in the aviation sector.
- March 2020 - Nefab AB acquired Trio Emballage AB which is a producer of heavy-duty packaging solutions located in Staffanstorp, close to the southern part of Sweden. The acquisition is expected to both strengthen the company's product offering as well as boost its presence across the global market.
India Returnable Transport Packaging Market Leaders
-
GEFCO Group
-
Nefab AB
-
Signode Limited
-
CHEP Logistics
-
LEAP India
- *Disclaimer: Major Players sorted in no particular order
