Retail E-Commerce Packaging Market Statistics, Business Opportunities, Competitive Landscape, and Analysis Report

0
2K

Market Insights

E-commerce 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 e-commerce packaging. Market Research Future has produced a new report on the global retail e-commerce packaging market which is expected to grow at a considerable rate during the forecast period from 2022–2030. The global retail e-commerce packaging market is set to grow at a CAGR of 12.48% and appreciate to reach a market value of USD 63.47 Billion during forecast period.

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 e-commerce packaging market. 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 e-commerce packaging.

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.

Quick Buy — https://www.marketresearchfuture.com/checkout?currency=one_user-USDreport_id=1891

Market Segmentation

Segmental study of the global retail e-commerce 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 e-commerce packaging. China, alone accounts for 40% of the world’s e-commerce sale, making the APAC a truly significant region in the global retail e-commerce packaging market.

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 retail e-commerce packaging market.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.

Contact Us

Wantstats Research and Media Private Limited

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Sales: +1 628 258 0071(US)

Buscar
Categorías
Read More
Other
Polycarbonate Composites Market, Predictable To Witness Sustainable Evolution Over 2030
Introduction: Polycarbonate composites have gained significant traction in the global market,...
By Akshay Gorde 2023-06-02 08:27:34 0 1K
Other
Boat Covers
Protect your valuable investments with high-quality Caravan Covers and Boat Covers from Covers 4...
By Technology Welldone 2024-08-28 11:10:05 0 298
Other
Algorithmic Trading Market Analysis, Size, Share, Trends, Growth, and Report and Forecast 2023-2028
MarkNtel Advisors recently released a research report focusing on the Algorithmic Trading market...
By Erik Johnson 2024-02-07 18:47:32 0 1K
Other
Global Plate Frame Heat Exchangers Market: Size, Share, and Growth Forecast 2024-2032
Plate Frame Heat Exchangers Market Plate frame heat exchangers are crucial components in...
By Reshama Patil 2024-11-18 11:32:54 0 144
Other
Learn Common Issues with the Ford Ranger 2.2 EGR Valve
Exhaust Gas Recirculation (EGR) valves are integral to modern vehicles, and the Ford Ranger...
By Michael Mack 2024-11-14 06:11:14 0 106