PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1537746
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1537746
The global E-commerce Packaging market is projected to grow from USD 77.4 Billion in 2024 to USD 124.9 Billion by 2029, at a CAGR of 10.0%. The growing e-commerce sales in the APAC region are boosting the E-commerce Packaging market throughout the forecast period. In addition to this, increasing penetration of the internet also helps to fuel the market in the forecast period.
Scope of the Report | |
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Years Considered for the Study | 2021-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Million/Billion) |
Segments | Product Type, Material, Application, and Region |
Regions covered | Asia Pacific, North America, Europe, South America, and Middle East & Africa |
E-commerce packaging is used by businesses to protect the products while they are in transit from the warehouse to the client's place. The e-commerce packaging market is a specified sector that serves the packaging needs of online retailers and e-commerce businesses. It involves the design, manufacturing, and distribution of packaging materials and solutions tailored specifically for the challenges of shipping products sold through online platforms.
"Mailers is the second-fastest growing product type segment of the E-commerce Packaging market."
Mailers emerge as the second-fastest growing segment in the E-commerce Packaging market during the forecast period. Mailers offer cost-efficiency, which makes them an attractive option for the e-commerce industry. Mailers are less expensive than boxes, which helps to reduce shipping costs and offers a lightweight experience to the consumers. The flexibility of mailers allows them to be used for packaging a wide range of products, including clothing, accessories, small electronics, books, and others.
"Electronics is the fastest growing application segment of the E-commerce Packaging market."
Out of several applications, electronics is projected to witness the most rapid growth within the E-commerce packaging market during the forecast period. There are several factors that makes this segment to be the fastest growing segment. However, the most prominent factor is the rising demand for electronics products which is filled by technological advancements and increased preference for convenient, technology-driven experiences. As electronics products are fragile in nature, hence they require protective packaging.
"North America is the second fastest-growing market for E-commerce Packaging."
The North America is the second fastest-growing region in the E-commerce Packaging market. This is due to the region is has a well-established e-commerce market and a very large base of online buyers, which has a direct effect on the demand for all kinds of e-commerce packaging solutions. Moreover, the region also known for the usage of technological innovations in the operations. Innovative packaging materials, smart packaging, and others helps to contribute to the growth of e-commerce packaging market. In addition to this, raising concern towards sustainability also increase the demand for eco-friendly packaging solutions, which also impact the market of e-commerce packaging.
The companies profiled in this market research report include are International Paper (US), Amcor. (Switzerland), Mondi Group (UK), Smurfit Kappa (Ireland), Rengo Co., Ltd (Japan), Berry Global Inc (US), Sonoco Products Company (US), CCL Industries (Canada), H.B. Fuller (US), Sealed Air Corporation (US), Georgia-Pacific LLC (US), Stora Enso Oyj (Finland). and others.
Research Coverage
The E-commerce Packaging market has been segmented based on product type, material, application, and region. This report covers the E-commerce Packaging market and forecasts its market size until 2029. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the E-commerce Packaging market. The report also provides insights into the drivers and restraints in the E-commerce Packaging market along with opportunities and challenges. The report also includes profiles of top manufacturers in the E-commerce Packaging market.
Reasons to Buy the Report
1. This report segments the E-commerce Packaging market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the E-commerce Packaging market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the E-commerce Packaging market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as acquisitions, expansions, new product developments, and partnerships/collaborations/agreements.