Collapsible rigid containers also known as Foldable Containers have emerged as an innovation to cut the repositioning & handling costs as well as to solve the space shortage problem. Collapsible rigid containers are in high demand owing to the customer requirement who don’t want empty containers to accumulate the same space in a warehouse or on trucks as they do when they are full. These containers can thus be collapsed/unfolded to their number of fractions leading to stability and load capacity. Collapsible rigid containers are made of various materials which include metal, plastic, fiberboard etc. Goods manufacturers can also prefer collapsible rigid containers for shipping goods for long-distance which was not possible in case of other rigid containers. Collapsible rigid containers are used to store & ship packaged food & beverages, ready commodities, raw materials, chemical products, syrups etc.
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Collapsible Rigid Containers Market: Drivers & Restraints
Higher operational performance along with Cost-effectiveness are some crucial factors that drive the demand for collapsible rigid containers and have thus boosted the growth of the collapsible rigid containers market across the globe. Furthermore, Growth in commodity trade, particularly in emerging economies, is expected to drive the global collapsible rigid containers market over the forecast period. On the other hand, higher initial costs along with lack of consumer awareness are two key factors that hinder the growth of collapsible rigid containers market across the globe.
Collapsible rigid containers are in high demand for convenient & safe shipping of products related to food & beverages, chemical & pharmaceuticals industries. Based on the material type, metal containers especially steel containers are expected to dominate the collapsible rigid containers market over the forecast period. Depending on the kind of design, medium & heavy duty containers are usually preferred and are shaped in a wide range of shapes & capacity to suit almost any need.
Collapsible Rigid Containers Market: Regional Overview
Geographically, the global collapsible rigid containers market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).
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