Future of Ecommerce Packaging
Summary
Global Future of Ecommerce Packaging Market Size Information Report by Material
(Corrugated Boxes, Protective packaging, Security envelopes, Tapes & labels, and others), by
Application (Electronics & Consumer goods, Apparel & Accessories, Home furnishing, Auto
Parts, Food & Beverages, Healthcare & Personal care, and others) and by Region - Global
Forecast To 2023
Future of Ecommerce Packaging Market Insights
Future of Ecommerce Packaging primarily refers to packaging provided to products that have
been sold online. E-commerce has been growing at a rapid rate over the past few years, and the
rapid growth of the e-commerce market is expected to have a significant impact on the demand
for Future of Ecommerce Packaging. Market Research Future has produced a new report on
the global Future of Ecommerce Packaging Market Size which is expected to grow at a
considerable rate during the forecast period from 2018 to 2023. The global Future of
Ecommerce Packaging Market Size is set to grow at a CAGR of 5.92% and appreciate to reach
a market value of USD 21,669.7 by the end of 2023.
The ongoing increase in online shopping is a huge driver of growth for the global retail e-
commerce market. Setting up an online store is easy, and there are vast numbers of retail e-
commerce websites on the internet. Likewise, consumers are spoilt for choice and can have
most products at their convenience from the comfort of home or even on the move. Fast
delivery, easy return policies and free shipping offers have driven the adoption of retail e-
commerce over traditional shopping methods. Amazon, for example, has become a market
giant due to its vast product offering as well as various other options such as prime delivery,
prime now, and several others. The growing demand for packaged food and the presence of
online stores ranging from specialty packaged foods to non-perishable groceries can be
purchased online and delivered to the consumer's doorstep, thus driving retail Future of
Ecommerce Packaging. Additionally, several products are often cheaper to buy online than
from a store, making e-commerce the preferred shopping method and increases the use of retail
Future of Ecommerce Packaging.
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Stringent government regulations regarding corrugated packaging, as well as the demand for
less paper and plastic packaging in an increasingly environmentally conscious global
environment, is expected to restain market growth. However, the market is rife with
opportunities due to the rise in retail e-commerce in emerging economies as well and the rising
demand for eco-friendly, protective packaging.
Key Players
Georgia-Pacific LLC, Mondi Group, DS Smith Plc, Klabin S.A., Smurfit Kappa Group, Nippon
Paper Industries Co. Ltd., Packaging Corporation of America, Orora Packaging Australia Pty
Ltd., International Paper Company, and Rengo Co. Ltd are among the prominent market leaders
that have been included in MRFR's competitive tracking of the global Future of Ecommerce
Packaging Market Size.
Market Segmentation
Segmental study of the global Future of Ecommerce Packaging market has been segmented on
the basis of material, application, and region. Material has been segmented into corrugated
boxes, security envelopes, protective packaging, tapes & labels, and others. Consumers often
want to ensure that their ordered item does not become damaged in the process of delivery. As
a result, the protective packaging segment accounts for a market share of 34.80% and is
projected to grow at the highest CAGR.
Application has been segmented to include apparel & accessories, electronics & consumer
goods, auto parts, home furnishing, food & beverages, healthcare & personal care, and others.
Electronics & consumer goods are among the most packaged retail e-commerce items.
Moreover, online offers for smartphones and other electronics can often beat those found in
traditional stores.
Regional Analysis
The Asia Pacific has secured the position of the world's largest e-commerce hub. The region
has a rapidly expanding middle class in China, Indonesia, and India. The increasing popularity
of mobiles, gadgets and several consumer electronics have driven e-commerce sales and by
extension drive the demand for retail Future of Ecommerce Packaging. China, alone accounts
for 40% of the world's e-commerce sale, making the APAC a truly significant region in the
global Future of Ecommerce Packaging Market Size.
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commerce-packaging-market-1891
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