Global E-Commerce Packaging Market, By Product (Corrugated Box, Poly Bags, Tapes, Protective Packaging, Mailers, Others), Material (Plastic, Corrugated Board, Paper and Paperboard, Woods), Application (Electronics and Electrical, Apparels and Accessories, Personal Care, Household, Food and Beverages, Pet Food, Pharmaceutical, Others) – Industry Trends and Forecast to 2030.
E-Commerce Packaging Market Analysis and Size
With a rise in internet penetration in rural and urban areas worldwide, the e-commerce sector has been upgrading its marketing strategies to tap into a formerly untapped market. Formerly, companies that stuck to retail business strategies have started creating their version of e-commerce applications to get on the trend. The major market players in this sector are moving forward in the same direction. Amazon released five new performance centers in India to recoup its position as the largest e-commerce presence in the region.
Data Bridge Market Research analyses that the 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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
E-Commerce Packaging Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015- 2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Corrugated Box, Poly Bags, Tapes, Protective Packaging, Mailers, Others), Material (Plastic, Corrugated Board, Paper and Paperboard, Woods), Application (Electronics and Electrical, Apparels and Accessories, Personal Care, Household, Food and Beverages, Pet Food, Pharmaceutical, Others)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
|
|
Market Players Covered
|
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)
|
|
Market Opportunities
|
|
Market Definition
The e-commerce packaging is used to store, transfer and defend the components of the packet till it reaches the customer from the supplier. The products in such packaging vary in quality, size, shape, and rigidity depending on the product requirement and contents. The increasing popularity of cross-border shopping has led to a growth in demand for high-quality and effective packaging. The increasing popularity of cross-border buying has led to significant growth in the market for cost-effective packaging.
E-Commerce Packaging Market Dynamics
Drivers
- Growing demand for plastic-based packaging in the e-commerce industry
Increasing demand for plastic-based packaging in the e-commerce industry is expected to drive the market's growth in the forecast period. This is attributed to the high dependency of the e-commerce sector on plastic-based packaging. This material is widely available, low-priced, lightweight, and highly reliable compared to paper, wood, and corrugated board. Moreover, the augmented sales of grocery products with an immediate doorstep delivery strategy spurred the demand for plastic-based packaging. As a result of all these factors, enhance the market growth.
- Increasing demand for food and beverages through e-commerce platform
Growing demand for food and beverages through e-commerce platforms will likely surge the demand for appropriate packaging in the e-commerce sector. The demand for groceries through online shopping has augmented on a large scale. The ease of ordering food and beverage products online has augmented the demand for the packaging of these products. The food and Drug Administration have made it mandatory and keeps the assurance whether the food sold is properly labeled and packaged through numerous laws under the Fair Packaging and Labelling Act. Hence, the rising demand for food and beverages through e-commerce platforms is expected to propel market growth.
Opportunities
- The rising number of smartphone users increases the market scope
The increasing access to the internet and the rising number of smartphone users all over the globe is expected to boost the demand for e-commerce packaging and create ample opportunities for market growth shortly. As per the analysis by Oberlo, in 2020, the number of smartphone users globally was 3.6 billion. The number increased by 16.86 percent annually from 2013 to 2020. Hence, the rising number of smartphone users increases the market scope during the forecast period.
- Growing demand for environment-friendly packaging in the e-commerce sector
The growing demand for environment-friendly packaging in e-commerce is projected to bring new opportunities to the market. For instance, Klabin, a leading paper producer in Brazil, has revealed 'Klabin ForYou,' a digital platform that would provide paper packaging solutions and an extensive range of paper-based products in 2019. Both medium and small-sized firms can use the new website to acquire the company's products. They are made out of renewable raw materials. Such initiatives by major players would accelerate the demand for e-commerce packaging during the forecast period.
Restraints/ Challenges
- Stringent rules associated with the usage of plastic packaging
The market size of e-commerce packaging has been affected due to the high usage of non-biodegradable plastic, which is witnessing the initiation of stringent government restrictions imposed by countries governments. These restrictions are the major restraints that will obstruct the market's growth.
- The lack of recycling facilities will challenge the growth
The major restraining factor in the e-commerce packaging market is the lack of recycling facilities. Recycling packages help to maintain the environment and build infrastructure appropriately, which is extremely necessary for the market. Hence, this will obstruct the growth of the e-commerce market during the forecast period.
This e-commerce packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the e-commerce packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2022, Amcor, a pioneer in producing ethical packaging solutions, launched the AmFiberTM platform of paper-based packaging goods. The AmFiber platform is a main example of Amcor's flexible approach to innovation, which provides customers with the best packaging technology using the best-suited materials to their requirements.
- In 2022, Beck Packautomaten and Mondi worked to create a practical paper solution that might revolutionize e-commerce by replacing plastic packaging and creating the proper sizes for various products. FunctionalBarrier Paper from Mondi comprises 95 percent paper and has enhanced barrier qualities to protect the product against water vapor and moisture.
- In 2021, Smurfit Kappa launched a new line of e-Bottle packaging solutions to keep up with high liquids and beverage market demand. Its latest range comprises many single and multipack products, including the BiPack, Pop-up insert, and Roller bottle pack.
Global E-Commerce Packaging Market Scope
The e-commerce packaging market is segmented on the basis of product, material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Corrugated Box
- Poly Bags
- Tapes
- Protective Packaging
- Mailers
- Others
Material
- Plastic
- Corrugated Board
- Paper and Paperboard
- Woods
Application
- Electronics and Electrical
- Apparels and Accessories
- Personal Care
- Household
- Food and Beverages
- Pet Food
- Pharmaceutical
- Others
E-Commerce Packaging Market Regional Analysis/Insights
The e-commerce packaging market is analysed and market size insights and trends are provided by country, product, material and application as referenced above.
The countries covered in the e-commerce packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Asia-Pacific is expected to dominate the e-commerce packaging market owing to the increasing consumer preference towards corrugated boxes in developing countries in this region. Moreover, an increase in disposable income, the emergence of several domestic brands, and increasing marketing for product growth will further boost the market's growth in this region.
North America is expected to be the fastest developing region during the 2023-2030 improvement of technologies combined with an e-commerce platform in this region. Furthermore, increasing demand for consumer goods, electronics products, and packaged food will further boost the market growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and E-Commerce Packaging Market Share Analysis
The e-commerce packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to e-commerce packaging market.
Some of the major players operating in the e-commerce packaging market are:
- 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)
SKU-