The global returnable packaging market size was valued at USD 98.55 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. Increasing demand for sustainable and durable packaging products from various end-use industries is expected to fuel the growth of the market. Returnable or reusable packaging products are made of durable materials, such as wood, plastic, and metal. They are designed to withstand rough handling throughout the supply chain and are intended for multiple trips.
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