The global e-commerce packaging market is expected to grow from USD 70.20 billion in 2023 to USD 186.61 billion by 2033 at a CAGR of 10.27%.
The emergence of e-commerce as an outstanding choice for procuring goods has increased the demand for packaging solutions to sustain harsh handling and long logistics. The market for e-commerce goods has grown drastically in the last decade. The global e-commerce sales grew by over 50% in the year 2019. Hence, the demand for e-commerce packaging solutions has grown following the prosperity of the e-commerce industry, and the ecommerce packaging trends is expected to progress during the forecast period.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the overall market. The historic years considered for the study are 2018-2021, the base year is 2022, the estimated year is 2023, and the forecast period is 2023-2033.
An increase in demand for online shopping, packaged food, and rapid growth in the electronics sector is fuelling the overall growth of the global e-commerce packaging market. The ease of online shopping such as discounts, faster delivery, easier return policies, and free shipping, have led customers to shift from traditional methods to online shopping culture. Increasing demand for protective packaging coupled with a rise in customer awareness about smart packaging further aided the growth of the market.
However, the rules and regulations of government for ecommerce box packaging products specially for environmental safety concern further hinders the market growth.
The global e-commerce market is classified into material, form, end-user, and region.
Based on the material, the market is segmented into plastics, corrugated board, and paper. The plastic segment accounted for the largest market share in 2023, which is anticipated to exhibit fastest growth rate during the forecast period. The plastics are considered to the best e-commerce packaging materials in mainly for the e-commerce ready packaging products, worldwide.
Based on form, the market is classified into boxes, labels, tapes, mailers, and others. The boxes segment is dominating the global market worldwide, as they are considered for luxury e-commerce packaging and e-commerce box packaging products.
Geographically, the e-commerce packaging market is classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Asia-Pacific is one of the largest markets for e-commerce packaging and holds several growth opportunities to e-commerce packaging companies in order to enhance in the market revenue. The region is anticipated to exhibit maximum CAGR during the forecast period amongst all the region.
Leading e-commerce packaging companies includes Nippon Paper Industries Co., LTD., Celloglas Ltd., Smurfit Kappa, Mondi, DS Smith, Packaging Corporation of America, Rengo Co.,Ltd., Orora Packaging Australia Pty Ltd, Klabin, Georgia-Pacific, Sealed Air, Amcor Limited, Crawford Packaging, RAJAPACK Ltd, Lil Packaging, and Salazar Packaging, Inc.
What are the key trends in the market?
How the market (and its various sub segments) has grown in the last four years and what would be the growth rate in the next five years?
What are the key strategies adopted by the major vendors to lead in market?
What is the market share of the top players?
The research study extensively uses both secondary and primary research methodologies. More than 200 industry leaders from various phases of the value chain (demand side, supply side, resellers/distributors, and other independent consultants) were interviewed to gain crucial insights about this market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
E-commerce Packaging Market Scope:
Report Data | E-commerce Packaging Market |
E-commerce Packaging Market Forecast Value 2033 | 186.61Billion |
E-commerce Packaging Market CAGR 2023 - 2033 | 10.27% |
E-commerce Packaging Market Forecast Period | 2023 - 2033 |
E-commerce Packaging Market Base Year | 2022 |
Regional Scope | North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Key Companies Profiled | Nippon Paper Industries Co., LTD., Celloglas Ltd., Smurfit Kappa, Mondi, DS Smith, Packaging Corporation of America, Rengo Co.,Ltd., Orora Packaging Australia Pty Ltd, Klabin, Georgia-Pacific, Sealed Air, Amcor Limited, Crawford Packaging, RAJAPACK Ltd, Lil Packaging, and Salazar Packaging, Inc.. |
Key Segments | By Material By Form By End-user By Region |
Report Coverage | Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc. |
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