The latest report on “E-commerce Packaging Market (Material – Plastics, Corrugated Board, and Paper; End-use Industry – Food & Beverages, Consumer Electronics, Personal Care Products, and Other End-use Industries): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global E-commerce packaging market is projected to grow at a CAGR of 14.2% over the forecast period of 2019-2025.
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The growth in online shopping, increasing inclination towards sustainable packaging solutions coupled with rising demand for packaged food are some factors responsible for the growth of E-commerce packaging market. Moreover, rapid growth in the electronics sector is likely to have a positive impact on market growth owing to safety and protection during transportation.
Furthermore, the growing internet penetration among developing countries provides opportunities for E-commerce packaging providers to venture into untapped markets. For instance, Amazon announced to add five fulfillment centers in India and retain the position as India’s largest warehousing space provider in the country. Moreover, the booming E-commerce market is likely to contribute towards the demand for packaging for consumer’s needs.
Asia Pacific Region Dominates the Global E-Commerce Packaging Market
Among the region, Asia Pacific region dominates the global E-commerce packaging market. The growth of this region is mainly due to the rapid growth in population and huge internet penetration rates in this region. Alibaba Group, Amazon, Tencent, and Flipkart are major E-commerce giants in this region is expected to drive the growing demand for the E-commerce packaging market.
In countries like China, India, and Japan, growth comes from an increase in the demand for corrugated boxes. The presence of a huge electronics industry base in the region along with a strong base of manufacturing industries will have a great impact on the E-commerce packaging market. Whereas, North America and Europe are matured markets for E-commerce packaging. The growth of this region is attributed to the growing demand for packaged foods and consumer goods. The Middle East and Africa regions are expected to rise healthy growth over the forecast period.
The report on global E-commerce packaging market covers segments such as material and end-use industry. On the basis of material, the sub-markets include plastics, corrugated board, and paper. On the basis of end-use industry, the sub-markets include food & beverages, consumer electronics, personal care products, and other end-use industries.
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The report provides profiles of the companies in the market such as Shorr Packaging Corporation, Rengo Co., Ltd., Sealed Air Corporation, Pacman Me LLC, Nippon Paper Industries Co., Ltd., Georgia-Pacific LLC, Klabin, DS Smith plc., The Smurfit Kappa Group plc, Amcor plc, and Mondi Group.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the E-commerce packaging.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.