Market Overlook:
Collapsible rigid containers, also referred to as foldable containers, have emerged as an effective solution to cut surplus overhead costs and reduce the storage problem. Collapsible rigid containers can be folded or collapsed into number of a fractions leading to increased load capacity and stability. Furthermore, shipping and storage managers are constantly looking for a product that can enhance their storage capacity. This demand is fulfilled by collapsible rigid containers. Global collapsible rigid containers market was valued at US$ 1.36 Billion in 2018 and is projected to expand at a CAGR of 4.9%, during the forecast period

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.

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The Asia Pacific collapsible rigid containers market is estimated to rise at a healthy CAGR over the forecast period. In the coming years, due to the emergence of several chemical & pharmaceutical, consumer durable and food & beverages industries, this regional segment is likely to be the key revenue generator from the global economic perspective in the collapsible rigid containers market. Rising urbanization in the developing countries such as China & India is also anticipated to steer the Asia-Pacific’s market in the upward direction.

The material type considered in the global collapsible rigid containers market study includes metal, plastic, and others (wood, etc.) segments. Of these, the plastic segment in collapsible rigid containers accounts for the major share of the global market. Being lightweight, durable, and cost-effective, plastic is preferred over other materials such as stainless steel, wood, etc. Schoeller Arca System (SAS) is following a strategy of mergers and acquisitions. Recently, the company merged with Time Technoplast Ltd., (TTL), a leading technology-driven polymer manufacturer of India, and collaborated on a new company named “Schoeller Arca Time Materials Handling Solutions.

Competitor Overlook:
Some Major key players that operate in the collapsible rigid containers market across the globe are SSI Schaefer Limited, Warehouse Rack & Shelf LLC., CARGOSHELL, Custom Equipment Company, Cherry's Industrial Equipment Corp. and others.

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