E-commerce packaging Market is accounted for USD 27,040 million in 2020, growing at a robust CAGR of 14.6% during forecast period.

Introduction of the E-commerce packaging Market Report

The packaging is a method of covering a product with packing material to save the products from damage. The packing is done for storage, distribution and sale purpose. With the development in e-commerce platform, there have been an increase in demand for e-commerce packaging.

To have an edge over the competition by knowing the market dynamics and current trends of “E-commerce packaging Market”, request for Sample Report here

Market Dynamic 

Key Drivers and Emerging Trends

The major factor driving the e-commerce packaging market includes the growing adoption of smartphone, digitalization and internet penetration. For instance, according to world bank statistic, in 2019 around 56.7 % of population is connected with internet at global level which show a positive growth for an E-commerce packaging market.

Technological trends such as the usage of QR codes, digital printing and others witnessed in the packaging market further support market growth. For instance, DS smith, one of the leading ecommerce packaging solution providers, introduced made2fit technology that enables the creation of the right size packaging to avoid the challenge of void space. Furthermore, packaging manufacturers are opting for sustainable and eco-friendly packaging solutions such as using recycled cardboard and other paper packaging solutions to replace plastic packaging and create new market opportunities. For instance, in 20201, Amazon has introduced a packaging solution from recycled paper, making delivery more sustainable for the grocery.

Rising of the omnichannel plan of action in the nation, where one can shop online & offline, has also helped in the growth of e-business market. Several retailers who have earlier operated via brick-and-mortor model have now ventured in the online space through multi-channel online platform. Such factors have further augmented the market growth for e-commerce packaging. Company such as Shoppers Stop Ltd and Infiniti Retail Limited Croma, Omnichannel retailers earlier operate via brick and mortor mode has now shifted to online format as well.  These factors are encountering development in the growth of this market.

Restraint in the E-commerce packaging Market

The lack of knowledge regarding the ecommerce platform among the rural population has obstructed the growth of this market. However, developing countries like India, in which the rural sector is resistant to adopt advanced technology, lack of trust in internet shopping, limited access to the internet, etc, are some of the major factors hampering the growth of this market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Type- Segment Analysis

Based on the type, Corrugated boxes are expected to grow at the fastest rate in the global E-commerce packaging market during the forecast period. These boxes are associated with the advantage of resistance, durability, recyclability, and offers minimal impact on the environment. For instance, Arihant Agencies, an Indian company, offers corrugated box for cloths on an internet business stage, which keeps the item free from any danger while being put away and delivered. This optional packaging is accessible in various sizes and style.

Application – Segment Analysis

Based on the Application, consumer electronics is projected to capture the largest market share in the forecast period in the global e-commerce packaging market due to the rising sale for smartphones and other electronic devices, leading to digitization. For instance, according to IMF, global smartphone sales have increased more than 3 billion in 2019 as compared to 2018. Furthermore, rising disposable income from the emerging economies have boosted the growth of this segment.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Asia Pacific region is expected to capture a significant market share in the global E-commerce packaging market. This is attributed to the rising internet penetration and the rising number of smartphone users in this region. According to India brand equity foundation, as of Sept 2020, the number of internet connections in India significantly increased to 776.45 million. China accounted for the largest revenue sales in 2020, with more than 800 billon sales registered during this period and India shows the highest growth rate due to the growing e-commerce industry. According to IBEF, India is relied upon to outperform the U.S. to turn into the second-biggest online business market on the planet by 2034, after China. Additionally, the presence of major e-commerce companies such as Amazon, Flipkart, Alibaba in the region will further augment the online e-commerce market growth in the region.

Top Market Players 

Various notable players operating in the market, include, Amcor plc, Mondi, International Paper, Smurfit Kappa, DS Smith, Klabin S.A., Georgia-Pacific., Rengo Co., Ltd, Orora Packaging Australia Pty Ltd, NIPPON PAPER INDUSTRIES CO., LTD., among others.

Key Developments:

• • In February 2021, Smurfit Kappa introduced a new line for eBottel packaging solutions. For the rapidly growing online beverage and liquids market. The BiPack, Pop-up, and Roller bottle pack are the new portfolio’s sustainable solutions for single and multi-pack.
  • In January 2021, Mondi group acquired 90.38% of the outstanding shares in Olmuksan (leading and well-established corrugated packaging player in Turkey) from International Paper for a total of USD 74.6 million. This results in the enterprise’s value on a 100%, which will amount to around USD 99.4 million.

Segments covered in the Report:

The global E-commerce packaging market has been segmented on the basis of Type, Application and regions. Based on Type, the market is segmented into Plastic, Corrugated boxes, Paper and others. Based on Application, the market is segmented into Food & Beverages, Consumer electronics, personal care & cosmetics, Fashion & Apparel and others.

For detailed scope of the “E-commerce packaging Market” report request a Sample Copy of the report 

Key questions answered in this research report:

• • At what pace is global E-commerce packaging market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in E-commerce packaging market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global E-commerce packaging market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Typeduring the forecast period?
  • What are the various Application areas of global E-commerce packaging market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 27,040 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Amcor plc, Mondi, International Paper, Smurfit Kappa, DS Smith, Klabin S.A., Georgia-Pacific., Rengo Co., Ltd, Orora Packaging Australia Pty Ltd, NIPPON PAPER INDUSTRIES CO., LTD., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global E-commerce packaging Market by Type

• • Plastic
  • Corrugated boxes
  • Paper
  • Others

Global E-commerce packaging Market by Application

• • Food & Beverages
  • Consumer electronics
  • Personal care & Cosmetics
  • Fashion & Apparel
  • Others

Global E-commerce packaging Market by Region

• • North America E-commerce Packaging Market (Option 1: As a part of the free 25% customization)
    • North America E-commerce Packaging Market by Type
    • North America E-commerce Packaging Market by Application
    • US E-commerce packaging Market All-Up
    • Canada E-commerce packaging Market All-Up
  • Europe E-commerce packaging Market (Option 2: As a part of the free 25% customization)
    • Europe E-commerce packaging Market by Type
    • Europe E-commerce packaging Market by Application
    • UK E-commerce packaging Market All-Up
    • Germany E-commerce packaging Market All-Up
    • France E-commerce packaging Market All-Up
    • Spain E-commerce packaging Market All-Up
    • Rest of Europe E-commerce packaging Market All-Up
  • Asia-Pacific E-commerce packaging Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific E-commerce packaging Market by Type
    • Asia-Pacific E-commerce packaging Market by Application
    • China E-commerce packaging Market All-Up
    • India E-commerce packaging Market All-Up
    • Japan E-commerce packaging Market All-Up
    • Rest of APAC E-commerce packaging Market All-Up
  • RoW E-commerce packaging Market (Option 4: As a part of the free 25% customization)
    • RoW E-commerce packaging Market by Type
    • RoW E-commerce packaging Market by Application
    • Brazil E-commerce packaging Market All-Up
    • South Africa E-commerce Packaging Market All-Up
    • Saudi Arabia E-commerce Packaging Market All-Up
    • UAE E-commerce packaging Market All-Up
    • Rest of world (remaining countries of the LAMEA region) E-commerce packaging Market All-Up

Major Players Operating in the E-commerce packaging (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Amcor plc
  • Mondi 
  • International Paper
  • Smurfit Kappa
  • DS Smith
  • Klabin S.A.
  • Georgia-Pacific.
  • Rengo Co., Ltd
  • Orora Packaging Australia Pty Ltd
  • Nippon Paper Industries Co., Ltd.