A recent report published by Infinium Global Research on E-commerce packaging market provides in-depth analysis of segments and sub-segments in the global as well as regional E-commerce packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional E-commerce packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global E-commerce packaging market. According to the report, the global E-commerce packaging market is projected to grow at a CAGR of 14.2% over the forecast period of 2019-2025.
The global E-commerce packaging market is expected to register the highest CAGR during the forecast period 2019-2025. The growth in online shopping, increasing inclination towards sustainable packaging solutions coupled with rising demand for packaged food are some factors responsible for the growth of E-commerce packaging market. Moreover, rapid growth in the electronics sector is likely to have a positive impact on market growth owing to safety and protection during transportation. Furthermore, the growing internet penetration among developing countries provides opportunities for E-commerce packaging providers to venture into untapped markets. For instance, Amazon announced to add five fulfillment centers in India and retain the position as India's largest warehousing space provider in the country. Moreover, the booming E-commerce market is likely to contribute towards the demand for packaging for consumer’s needs.
Among the region, Asia Pacific region dominates the global E-commerce packaging market. The growth of this region is mainly due to the rapid growth in population and huge internet penetration rates in this region. Alibaba Group, Amazon, Tencent, and Flipkart are major E-commerce giants in this region is expected to drive the growing demand for the E-commerce packaging market. In countries like China, India, and Japan, growth comes from an increase in the demand for corrugated boxes. The presence of a huge electronics industry base in the region along with a strong base of manufacturing industries will have a great impact on the E-commerce packaging market. Whereas, North America and Europe are matured markets for E-commerce packaging. The growth of this region is attributed to the growing demand for packaged foods and consumer goods. The Middle East and Africa regions are expected to rise healthy growth over the forecast period.
The report on global E-commerce packaging market covers segments such as material and end-use industry. On the basis of material, the sub-markets include plastics, corrugated board, and paper. On the basis of end-use industry, the sub-markets include food & beverages, consumer electronics, personal care products, and other end-use industries.
The report provides profiles of the companies in the market such as Shorr Packaging Corporation, Rengo Co., Ltd., Sealed Air Corporation, Pacman Me LLC, Nippon Paper Industries Co., Ltd., Georgia-Pacific LLC, Klabin, DS Smith plc., The Smurfit Kappa Group plc, Amcor plc, and Mondi Group.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of E-commerce packaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.