Authored By: Sarah
11 Jul 2024

 Retail-Ready Packaging Market Size to grow by USD 17.1 million between 2024-2028

According to a research report “ Retail-Ready Packaging Market” by End-user (Food, Beverages, Household products, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 17.1 million, at a CAGR of  4.85% during the forecast period. In the dynamic retail sector, effective and efficient packaging plays a pivotal role in ensuring product safety, enhancing brand visibility, and facilitating seamless transportation. Retail-ready packaging, such as corrugated boxes, is a critical component of supply chain management. These boxes offer numerous benefits, including easy product identification, space-efficient storage, and secure transportation. Given the high demand for fast food and convenience in retail, lightweight and conveniently designed corrugated boxes are increasingly preferred. As a result, the retail-ready packaging market, particularly the corrugated boxes segment, is poised for significant growth, contributing substantially to the overall market revenue.

Browse market data tables, figures, and in-depth TOC on “Retail-Ready Packaging Market” by End-user (Food, Beverages, Household products, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Food segment is projected to dominate the market size in 2024

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By Geography, North America  segment is expected to hold the largest market size for the year 2024

The Retail-Ready Packaging (RRP) market is experiencing significant growth due to the increasing demand for convenient and efficient packaging solutions. Businesses are recognizing the value of RRP in reducing costs associated with in-store handling and assembly, as well as improving product presentation and consumer experience. Key trends driving market expansion include the rise of e-commerce and the need for sustainable packaging options. Companies are investing in advanced technologies to create innovative and customizable RRP solutions to meet evolving consumer preferences and retailer demands.

North America is forecasted to hold the largest market size by region in 2024

The Retail-Ready Packaging (RRP) market is experiencing significant growth due to increasing consumer demand for convenience and improved supply chain efficiency. RRP solutions enable seamless transition from manufacturer to retailer, reducing handling and damage during transportation. Brands prioritize RRP to ensure product freshness, maintain brand image, and meet consumer expectations for a premium shopping experience. This trend is particularly prominent in the food and beverage sector, where time-sensitive products require specialized packaging solutions. The global RRP market is projected to expand at a CAGR of over 5% through 2027.

The Retail-Ready Packaging Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Bandall BV
  • Caps Cases Ltd.
  • DS Smith Plc
  • Graphic Packaging Holding Co.
  • Great Northern Corp.
  • International Paper Co.
  • Koch Industries Inc.
  • Logson Group
  • Mid-Atlantic Packaging Inc.
  • Mondi Plc
  • Orora Ltd.
  • Packaging Corp. of America
  • Smurfit Kappa Group
  • Sonoco Products Co.
  • STI Gustav Stabernack GmbH
  • Tosca Services LLC
  • Vanguard Packaging LLC
  • Visy Industries Australia Pty Ltd.
  • Weedon Group Ltd.
  • WestRock Co.
.

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Research Analysis Overview

The Retail-Ready Packaging (RRP) market is witnessing significant growth due to the increasing demand for standardized, recyclable, and easy-to-handle packaging solutions from both brand owners and retailers. FMCG (Fast-Moving Consumer Goods) industries, including Household Products, Beverages, and Food, are major contributors to this market. RRP is designed to facilitate efficient shelf replenishment and stocking, ensuring minimal product damage and optimal use of retail space. Secondary packaging, such as Plastic Containers, Modified Cases, Shrink Wrapped Trays, and Corrugated Cardboard Boxes, are popular choices for RRP. Plastics and cardboard are preferred materials due to their lightweight and recyclability. RRP design focuses on product identification, branding, and styling to attract consumers. Recycling is a key consideration in the production of RRP, with paper and cardboard being eco-friendly alternatives. Overall, the Retail-Ready Packaging market caters to various industries, including Food & Beverage and Cosmetic products, offering easy-to-handle and cost-effective solutions for efficient retail operations.

Market Research Overview

Retail-Ready Packaging (RRP) is a critical aspect of branding and logistics for FMCG (Fast-Moving Consumer Goods) products, electronics, and other industries. RRP uses protective cardboard wrappers, pallets, free-standing units, and secondary packaging like modified cases, shrink wrapped trays, and corrugated cardboard boxes to ensure product damage is minimized during transportation and storage. RRP benefits include standardization, recyclability, and recognition through brand visibility. RRP is essential for various retail platforms, including stores and e-commerce, as it allows for efficient shelf replenishment and stocking. RRP also caters to the last-mile solution, ensuring products arrive undamaged and ready for sale. RRP is used in various sectors like tourism, hotel, pharmaceutical, personal care & cosmetics, and the FMCG sector, which includes household products, beverages, and food. RRP design includes functional features like shock absorption, impact resistance, and easy handling. RRP also offers various printing techniques like embossing, metallic inks, high-definition printing, and digital printing. RRP's benefits include convenience for retail staff, standardized packaging, and quick turnaround time. RRP also caters to sensitive and fragile products, providing shelf space and efficient storage solutions. The paper & paperboard and plastic segments dominate RRP, with chemical recycling and Polygraph technology used for recycling purposes. RRP also includes die-cut display cases, folding cartons, and variable data printing for customization.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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