E-commerce packaging is a versatile and essential component of the online retail sector, serving various applications such as protecting products during shipping, providing branding opportunities, ensuring cost efficiency, and enhancing the overall customer experience. The advantages of e-commerce packaging include safeguarding products, offering branding opportunities to build recognition and loyalty, optimizing logistics for cost efficiency, providing convenience for consumers, addressing environmental considerations through sustainable practices, and incorporating security features. The diverse materials used in e-commerce packaging cater to the specific needs of products while aligning with sustainability goals.
According to Data Bridge Market Research analyses the Global E-Commerce Packaging Market is expected to reach USD 133.09 billion by 2030, which was USD 53.37 billion in 2022, registering a CAGR of 12.10% during the forecast period of 2023 to 2030.
"Rise in plastic-based packaging boosts the market growth"
The surge in demand for plastic-based packaging in the e-commerce industry is a key driver for market growth. Plastic's widespread availability, cost-effectiveness, lightweight nature, and reliability make it preferable over alternatives such as paper and wood. The e-commerce sector, reliant on efficient and affordable packaging, benefits from plastic's durability, particularly in the context of immediate doorstep delivery strategies for groceries. Plastic's versatility allows for customized designs, aligning with the diverse range of products in the e-commerce marketplace. Its convenience and positive impact on consumer experience contribute to its growing adoption.
What restraints the growth of the global e-commerce packaging market?
“Inadequate availability of recycling facilities hinders market growth”
The growth of the e-commerce packaging market faces a significant hurdle due to the inadequate availability of recycling facilities. With the escalating demand for e-commerce packaging materials, such as cardboard and bubble wrap, the lack of proper recycling infrastructure poses environmental challenges. This constraint not only hampers sustainability efforts but also raises concerns among environmentally-conscious consumers. In the absence of efficient recycling options, there is a risk of increased environmental pollution and resource depletion, negatively impacting the industry's reputation.
Segmentation: Global E-Commerce Packaging Market
The global e-commerce packaging market is segmented on the basis of product, material, and application.
- On the basis of product, the global e-commerce packaging market is segmented corrugated box, poly bags, tapes, protective packaging, mailers, and others
- On the basis of material, the global e-commerce packaging market is segmented plastic, corrugated board, paper and paperboard, woods
- On the basis of application, the global e-commerce packaging market is segmented electronics and electrical, apparels and accessories, personal care, household, food and beverages, pet food, pharmaceutical, and others
Regional Insights: Asia-Pacific is expected to dominate the Global E-Commerce Packaging Market
The Asia-Pacific region is expected to dominate the e-commerce packaging market due to growing consumer preference for corrugated boxes, particularly in developing countries. Rising disposable income, the emergence of domestic brands, and increased marketing efforts are contributing factors. As online shopping surges, there is a heightened demand for robust, sustainable packaging solutions tailored to the unique needs of both consumers and businesses in the region.
The North America is expected to grow in e-commerce packaging from 2023 to 2030, driven by technological advancements in logistics and the prevalence of e-commerce platforms. The region's increasing demand for consumer goods, electronics, and packaged food is a key factor propelling market expansion.
To know more about the study, visit https://www.databridgemarketresearch.com/reports/global-e-commerce-packaging-market
Recent Developments in the Global E-Commerce Packaging Market
- In 2022, Amcor, a trailblazer in ethical packaging, introduced the groundbreaking AmFiberTM platform. This venture showcases Amcor's flexible innovation approach, delivering optimal packaging technology tailored to customers' specific needs and emphasizing environmentally friendly materials
- In 2022, a groundbreaking collaboration unfolded between Beck Packautomaten and Mondi, introducing an innovative paper-based solution set to revolutionize e-commerce packaging. Mondi's FunctionalBarrier Paper, comprising 95% paper, provides exceptional barrier properties, shielding products from water vapor and moisture, all while minimizing the reliance on plastic
- In 2021, with the surging demand in the liquids and beverage market, Smurfit Kappa rolled out an innovative line of e-Bottle packaging solutions. This dynamic range includes BiPack, Pop-up insert, and Roller bottle pack, showcasing Smurfit Kappa's commitment to meeting the evolving needs of the industry with cutting-edge and versatile packaging solutions
The Prominent Key Players Operating in the Global E-Commerce Packaging Market Include:
- Smurfit Kappa (Ireland)
- NIPPON PAPER INDUSTRIES CO. LTD (Japan)
- Crawford Packaging (Canada)
- Georgia-Pacific (U.S.)
- DS Smith (U.K.)
- Mondi (U.K.)
- Packaging Corporation of America (U.S.)
- Salazar Packaging, Inc. (U.S.)
- Lil Packaging (U.K.)
- Amcor Plc (Switzerland)
- Sealed Air (U.S.)
- RENGO PACKAGING INC (Japan)
- Orora Packaging Australia Pty Ltd (Australia)
- RAJAPACK Ltd (U.K.)
- PEMCOR PACKAGING (U.S.)
- Spartan Paperboard (U.S.)
- Roberts PolyPro, Inc. (U.S.)
- International Paper. (U.S.)
- Klabin S.A (Brazil)
Above are the key players covered in the report, to know about more and exhaustive list of global e-commerce packaging market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global E-Commerce Packaging Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
