E-Commerce Packaging Market size was valued at USD 79.33 Billion in 2023 and is projected to reach USD 238.08 Billion by 2030, growing at a CAGR of 17% from 2023 to 2030.
The latest report on the Global E-Commerce Packaging Market assesses market size, trends, and projections for 2030. The E-Commerce Packaging market study includes significant research data and proofs, making it a useful resource document for managers, analysts, industry experts, and other key people to have a ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities, and upcoming challenges, as well as about competitors.
Scope of the Global E-Commerce Packaging Market Report
This market study on E-Commerce Packaging focuses on a few firms that will be required to contribute to the market’s growth in the next few years. This also emphasizes the various reasons for the market’s lack of reaction. The difficulties and obstacles that a company may confront have been clearly described. Data and information were also leveraged to highlight the organizations’ enabled enterprises. It also emphasizes the sector’s difficult procedures as well as its promise. The existing and projected future development potential of the market is depicted in greater detail. The E-Commerce Packaging market study includes a detailed commercial center summary and synopses that include top-to-bottom facts and statistics from various mechanical domains.
The acceptance of e-commerce and the rapidly expanding electronic goods sector has raised the demand for packaging products and alternatives. Consumer advantages of online shopping have driven consumer advantages of online shopping, which is expected to drive overall growth. Online shopping offers advantages over traditional major retailers, such as free shipping, timely delivery, and nice simple returns, which has driven consumer advantages of online shopping, which is expected to drive overall growth. Increased online penetration, as well as increasing internet access for the majority of people in emerging nations around the world, has generated enormous opportunities for e-commerce and packaging marketers to enter client segments and win significant market share.
Growing concerns about plastic parts in the processing industry, as well as rigorous government rules on corrugated boxes, are expected to stifle the sector’s expansion. The cost-price loss is predicted to be compensated by manufacturers’ mass production of organic and sustainable products. Furthermore, as a result of increased environmental concerns, it is likely to enhance the expansion of viable packaging products internationally throughout the production chain, manufacturers, and purchasers in the near future. As a result, the growth of worldwide E-Commerce packaging is expected to accelerate over the forecast period.
The main determinants projected to hinder expansion in the Global E-Commerce Packaging Market segment are rising government rules governing corrugated packaging and public awareness about environmental protection. Cross-border online shopping is a steady development in the market segment, both in developed and emerging countries, owing to the increased availability of goods and ease of access.
- Product Analysis:
When examining the product landscape of this industry, it can be categorized into several segments, including corrugated boxes, poly bags, tapes, protective packaging, mailers, and others. In the year 2021, the corrugated boxes segment emerged as the dominant player in the global market, contributing to more than 32.00% of the total revenue. This substantial market share can largely be attributed to the increasing demand for sustainable, lightweight, and eco-friendly packaging solutions known for their robustness, such as corrugated boxes. Furthermore, the growing reliance of customers on online delivery services is expected to fuel the demand for corrugated box packaging.
- Applications Overview
The industry can also be classified according to its various applications, which encompass electronics & electrical, apparel & accessories, personal care, household products, food & beverages, pet food, pharmaceuticals, and others. Notably, the apparel and accessories category seized the largest share, accounting for over 25.0% of the market in 2021. This significant market share is linked to the burgeoning trend of fast fashion and the increased levels of disposable income among consumers. Fast fashion refers to affordable and stylish clothing that aligns with current trends. This trend has gained considerable momentum, largely influenced by celebrities and the impact of social media. Additionally, the growing preference for e-commerce shopping, driven by the convenience of buying items from the comfort of one’s home, has given a substantial boost to product sales through online channels.
Asia-Pacific is one of the e-commerce industry’s fastest-growing regions. The growing quantity of e-commerce shipments in the regions is being driven by an increase in client base due to the growing economies of key countries such as India and China. As a result, there will be a greater demand for packaging solutions in the region. As a result of increased internet penetration and relatively stronger economic performance, India’s E-commerce revenue is predicted to expand at a rate of 51 percent each year, the most in the world, according to IBEF. Government measures fostering digitalization are introducing individuals to online modes of commerce on a regular basis, increasing demand for e-commerce packaging solutions in the region. India’s favorable FDI policy of 100 percent FDI remains in place, encouraging corporations like Amazon to expand their presence in the country.
Key Industry Players and Market Share Insights
The industry is fiercely competitive, with both global and regional companies vying for market share. These companies provide a diverse range of plastic packaging solutions available in various sizes, shapes, and colors. Furthermore, they offer tailor-made packaging solutions to meet specific customer requirements. Key industry players are increasingly investing in the development of bio-based packaging products. For instance, in April 2019, Sealed Air entered into a partnership with Kuraray America, Inc., a Japan-based specialty materials manufacturer, to create plant-based packaging solutions for perishable foods such as poultry, beef, and seafood in the U.S., Canada, and Mexico.
Some of the prominent players operating in the global e-commerce packaging market include:
- Amcor Plc.
- Berry Global Group, Inc.
- CCL Industries
- Sealed Air
- Sonoco Products Company
- WINPAK Ltd.
- Alpha Packaging
- Constantia Flexibles
- Gerresheimer AG
- Silver Spur Corp.
- Transcontinental Inc.
Segmentation of the E-commerce Packaging Market
In this report, we project the growth in revenue on a global, regional, and country scale, offering an analysis of the most current industry trends within each of the sub-categories spanning from 2017 to 2030. To facilitate this study, Beyond Market Insights has categorized the global e-commerce packaging market report according to product, material, application, and region.
By Product (Revenue, USD Million, 2017 – 2030)
- Corrugated Box
- Poly Bags
- Protective Packaging
By Material (Revenue, USD Billion; 2017– 2030)
- Corrugated Board
- Other Materials
By End-user Vertical (Revenue, USD Billion; 2017– 2030)
- Fashion and Apparel
- Consumer Electronics
- Food & Beverages
- Personal Care Products
- Other End-user Verticals
Region Outlook (Revenue, USD Billion; 2017– 2030)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa