The potential growth difference for the E-commerce packaging market between 2020 and 2025 is USD 55.35 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The growth of the e-commerce sector and the increase in the demand for secondary packaging and protective packaging are some of the key market drivers. Key factors such as credit and debit cards, Internet banking, electronic wallets, and cash-on-delivery (COD), have led to a paradigm shift in the purchasing patterns of people from brick-and-mortar stores to online shopping. In addition, other factors including the growing tech-savvy population, increasing Internet penetration, and the rising use of smartphones are further facilitating the market growth.
However, factors such as a complex supply chain will challenge market growth. E-commerce sales have to deal with many touchpoints than the traditional retail outlet sales before the product reaches the customers. These extra touchpoints are storage and warehouses, fulfillment centers, transport providers, sorting centers, and others. Thus, the shift toward online shopping habits has resulted in various packaging and supply chain challenges.
The e-commerce packaging market report is segmented by Type (corrugated boxes, protective packaging, and polybags) and Geography (APAC, North America, Europe, South America, and MEA). The corrugated boxes type segment led the market share in 2020 and will continue to dominate the market in terms of market share during the forecast period. In terms of geography, APAC will be the leading region with 47% of the market's growth during the forecast period. Developing economies, such as China and India, are expected to emerge as major revenue contributors to the e-commerce packaging market in APAC.
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Some Companies Mentioned
DS Smith Plc
International Paper Co.
Koch Industries Inc.
Orora Packaging Australia Pty Ltd.
Packaging Corp. of America
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APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 47%
Key consumer countries
US, China, UK, Japan, and Germany
Leading companies, competitive strategies, consumer engagement scope
Amcor Plc, BillerudKorsnas AB, Cascades Inc., DS Smith Plc, International Paper Co., Koch Industries Inc., LivingPackets SA, Mondi Group, Orora Packaging Australia Pty Ltd., and Packaging Corp. of America
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Type
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