Global E-commerce Packaging Market to Surpass US$ 33.89 Billion by 2025

SEATTLE, April 10, 2018 -- According to Coherent Market Insights, the e-commerce packaging market was valued at US$ 21.43 billion in 2016 and is projected to witness a CAGR of 5.76% over the forecast period (2018 – 2025). E-commerce packaging sales are influenced by e-commerce sales worldwide. Growth of e-commerce is attributed to high convenience offered by online platform, ancillary services offered by companies, and high internet penetration in emerging economies. E-commerce sales accounted for over 7% of total retail sales worldwide in 2015, according to trade association, E-commerce Foundation.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/e-commerce-packaging-market-1508

Key Trends and Analysis of the E-commerce Packaging Market:

• Among product type, the protective packaging segment held largest market share in 2016. Growth of food & beverages e-commerce has propelled demand for anti-microbial, anti-dust, and moisture resistant packaging to increase shelf life of products.
• Among applications, the electronics segment is expected to be the largest segment. Electronics industry players are collaborating with online retailers for marketing and sales of products. For instance, in India, Flipkart collaborated with Apple, Motorola, and Xiaomi to distribute their products exclusively. Also, increasing adoption of e-commerce boosted growth of local electronics manufacturers.

Request SAMPLE COPY of this Business Report

Key Market Takeaways:

• Asia Pacific is expected to be the largest market for e-commerce packaging during the forecast period, owing to high e-commerce sales in China, which is world’s largest e-commerce market, due to large population and high internet penetration. According to Chinese Ministry of Commerce, in 2017, growth of e-commerce in the China was 32% over the previous year. Major e-commerce companies in China include Alibaba Group, Tencent Holdings Ltd., and JD.com Inc.
• Major players operating in the market include Smurfit Kappa Group, Mondi Group plc, International Paper Company, DS Smith plc, Klabin S.A., Rengo Co. Ltd., Nippon Paper Industries Co. Ltd. and Georgia-Pacific LLC. Major e-commerce players are adopting sustainable packaging solutions. Amazon Inc. by adopting sustainable techniques saved over 181,000 tons of packaging material in 2017. In 2017, DS Smith recorded 10% of its total revenue from e-commerce packaging. The company was the exclusive provider of cardboard boxes for Amazon Inc. in the U.K.             

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave.
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]