E Commerce Packaging Market Synopsis
E Commerce Packaging Market Size Was Valued at USD 70.89 Billion in 2023, and is Projected to Reach USD 225.48 Billion by 2032, Growing at a CAGR of 13.72% From 2024-2032.
E-commerce packaging is the materials and methods used to package products for online retail. E-commerce packaging is distinct from traditional retail packaging due to the unique demands of shipping directly to consumers.
- E-commerce industry driving the growth with increasing penetration of the internet and smartphones has enabled more consumers to access online shopping platforms. This widespread connectivity facilitates easy access to e-commerce services, contributing significantly to industry expansion. Additionally, rapid economic growth has enhanced disposable incomes, leading to increased online spending as consumers have more financial resources to purchase goods and services online.
- E-commerce packaging must be cost-effective and efficient in terms of logistics. In logistics and transportation there is high use packaging material. Optimized packaging that reduces weight and volume can lead to significant savings in shipping costs. Additionally, packaging that is easy to handle, store, and return can enhance operational efficiency for e-commerce businesses.
- Advancements in packaging technology, such as smart packaging that includes RFID tags or QR codes, provide added value by improving inventory management and enhancing the customer experience through interactive features. Modern consumers expect fast delivery and an excellent unboxing experience. E-commerce companies are focusing on high-quality, aesthetically pleasing packaging which attracts the customer to enhance customer satisfaction and foster brand loyalty.
- From this graph, it is shown that the growth of Ecommerce shares of the retail sales from 13.6% in 2019 to 21.10% in 2023.There is growing rate of E-commerce share shows the growth of e-commerce packaging market.
E Commerce Packaging Market Trend Analysis
Expansion Of the E-Commerce Industry
- The expansion of the e-commerce industry is majorly boosting the e-commerce packaging market. With increasing E-Commerce Platform, online shopping becomes more prevalent, the demand for effective, efficient, and sustainable packaging solutions is rising correspondingly. The surge in online shopping directly translates to a higher volume of products requiring packaging for shipment. This increase in orders drives demand for various types of packaging materials, from corrugated boxes to poly mailers and padded envelopes.
- E-commerce businesses are rapidly recognizing the importance of packaging in creating a positive customer experience. High-quality, aesthetically pleasing, and branded packaging can enhance the unboxing experience, attract the customers and leading to higher customer satisfaction and loyalty. This has led to a greater emphasis on custom and premium packaging solutions.
- With increasing awareness about environmental issues, both consumers and businesses are increasingly prioritizing sustainable packaging solutions. There is a rising demand for eco-friendly packaging materials, such as recycled cardboard, biodegradable plastics, and other sustainable options. Companies are also focusing on reducing packaging waste and improving the recyclability of packaging materials.
Opportunity
Increasing Demand for Sustainable packaging Material
- Nowadays, consumers are more conscious of environmental issues and prefer brands that demonstrate a commitment to sustainability. Eco-conscious consumers are increasingly seeking out products that use sustainable packaging, influencing e-commerce companies to adopt greener practices. Governments and regulatory bodies worldwide are implementing stricter regulations and guidelines regarding packaging waste and sustainability. Compliance with these regulations is driving e-commerce businesses to explore and adopt sustainable packaging solutions.
- Many companies are integrating sustainability into their core business strategies as part of their CSR initiatives. Adopting sustainable packaging is a visible and impactful way to showcase a company’s commitment to environmental stewardship. There is a growing market for innovative, sustainable materials such as biodegradable plastics, plant-based packaging, recycled cardboard, and compostable materials. These innovations not only reduce environmental impact but also open new avenues for product differentiation and branding.
- Developing packaging solutions that are easily recyclable or reusable can appeal to eco-conscious consumers and reduce waste. For example, some companies are exploring take-back programs where customers can return packaging for reuse or recycling. Sustainable packaging can be customized and branded to enhance the customer experience while promoting environmental values. This approach can strengthen brand loyalty and attract new customers who prioritize sustainability.
E Commerce Packaging Market Segment Analysis:
E Commerce Packaging Market is Segmented on the basis of Packaging type, Material, Application, and Region.
By Packaging Type, Corrugated Boxes segment is expected to dominate the market during the forecast period
- Corrugated boxes offer high protection for a wide range of products during transit, making them a preferred choice for e-commerce packaging companies seeking to ensure product safety and minimize damage during shipping. Corrugates boxes have high strength and durability make them suitable for various items, from clothing and electronics to household goods and more.
- Also, corrugated boxes are versatile and customizable, given the choice to e-commerce businesses to tailor packaging solutions to their specific needs. They can be easily printed with branding and product information, enhancing brand visibility and recognition. This customization capability contributes to a positive unboxing experience for customers, fostering brand loyalty and satisfaction.
- The corrugated boxes are eco-friendly and recyclable, with the increasing consumer demand for sustainable packaging solutions. As environmental awareness grows, many consumers prefer products packaged in materials that are recyclable and environmentally responsible. Corrugated boxes meet these criteria, making them a preferred choice for both e-commerce businesses and environmentally conscious consumers.
By Application, Apparels and Accessories segment held the largest share in 2023
- With increasing trend of fashion, which is to be affordable and fashionable apparel, plays a significant role. Fast fashion is growing rapidly due to the rising influence of celebrities and social media, which constantly introduce new trends and styles. High disposable income levels enable consumers to spend more on fashion, further fuelling this trend.
- Also, the convenience of e-commerce shopping, allowing consumers to purchase items from the comfort of their homes, significantly boosts product sales through online channels. This convenience, combined with the frequent need to buy new fashion items, has led to a high volume of shipments in the apparel and accessories segment, making it the dominant segment in the e-commerce packaging market.
- E-commerce companies in the apparel and accessories sector offer the customized and branded packaging to enhance the unboxing experience and strengthen brand loyalty. High-quality packaging can create a memorable experience for customers and which is differentiate a brand from its competitors. So, Companies are investing in innovative, sustainable, and cost-effective packaging solutions to meet the increasing demands of online shoppers.
E Commerce Packaging Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia-Pacific region is one of the world's fastest-developing e-commerce markets, rising the market by factors such as increasing internet penetration and rising consumer bases in major countries like India and China. This surge in e-commerce activity is translating into a growing demand for packaging solutions across the region.
- China, is one of the, prominent player in the e-commerce landscape, with a rapidly growing market fuelled by consumer preferences for internet shopping. The availability of diverse payment options and events such as day deals on merchandise further contribute to the country's e-commerce growth story. Also, China boasts a robust logistics infrastructure, facilitating efficient delivery of goods purchased online and driving up the volume of e-commerce shipments.
- With rapid increase in use of mobile internet and evolving changing lifestyles. As more Asians adopt urban lifestyles characterized by a work-oriented culture, personal time becomes scarce, leading consumers to turn to e-commerce platforms for their shopping needs. This shift towards e-commerce is driving the demand for shipment materials across the region.
E Commerce Packaging Market Key Players:
- WestRock Company (USA)
- Mondi Group (Austria)
- YFY Inc. (Taiwan)
- Zhejiang Jingxing Paper Co., Ltd. (China)
- Thai Containers Group Co., Ltd. (Thailand)
- Sheng Long Group (China)
- International Paper Company (USA)
- Smurfit Kappa Group (Ireland)
- Georgia-Pacific LLC (USA)
- Packaging Corporation of America (USA)
- Amcor plc (Switzerland)
- Sonoco Products Company (USA)
- Rengo Co., Ltd. (Japan)
- Klabin S.A. (Brazil)
- Berry Global Group, Inc. (USA)
- Graphic Packaging International, LLC (USA)
- Sappi Limited (South Africa)
- Tetra Pak International S.A. (Switzerland)
- Nippon Paper Industries Co., Ltd. (Japan)
- Cascades Inc. (Canada)
- KapStone Paper and Packaging Corporation (USA)
- Oji Holdings Corporation (Japan)
- UFP Technologies, Inc. (USA)
- Orora Limited (Australia)
- Schur Flexibles Holding GesmbH (Austria) and other major Players.
Key Industry Developments in the E Commerce Packaging Market:
- In May 2024, Dow announced two new partnerships at Chinaplas 2024 to develop solutions that meet both performance and circular demands. In collaboration with Dow, sealed air has commercialized an e-commerce packaging with increased recycled content. With the partnership, both parties will work together to develop more e-commerce packaging using Dow's REVOLOOP™ post-consumer recycled (PCR) resins, offering an effective way to protect products while also reducing carbon footprint through less use of virgin plastics.
- In July 2023, Mondi, a global leader in sustainable packaging and paper, has helped easy2cool, a specialist in sustainable, passive cooling solutions, create a new eCommerce paper packaging solution for fresh and frozen food.
- In Dec 2023, Moelven Wood and Billerud are joining forces to examine the possibility of developing a new sustainable packaging solution for Moelven's interior panels. The goal is to create a paper-based solution to replace the current plastic shrink wrap. The collaboration stems from an innovation competition organized by Paper Province.
Global E-Commerce Packaging Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 70.89 Bn |
Forecast Period 2024-32 CAGR: |
13.72 % |
Market Size in 2032: |
USD 225.84 Bn |
Segments Covered: |
By Packaging |
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By Material |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
WestRock Company (USA), Mondi Group (Austria), YFY Inc. (Taiwan), Zhejiang Jingxing Paper Co., Ltd. (China), Thai Containers Group Co., Ltd. (Thailand), Sheng Long Group (China), International Paper Company (USA) and Other Major Players. |
- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- PORTER’S FIVE FORCES ANALYSIS
MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
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- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
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- E-COMMERCE PACKAGING MARKET BY SEGMENT PACKAGING (2017-2032)
- E-COMMERCE PACKAGING MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SEGMENT CORRUGATED BOX
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2032F)
- Historic And Forecasted Market Size in Volume (2017-2032F)
- Key Market Trends, Growth Factors and Opportunities
- Geographic Segmentation Analysis
- SEGMENT BOTTLES
- SEGMENT BAGS AND POUCHES
- SEGMENT CARTONS
- SEGMENT TRAYS
- SEGMENT OTHERS {PROTECTIVE PACKAGING, MAILERS, TAPES, WRAPS AND FILMS HINGED AND LIDDED CONTAINERS}
- E COMMERCE PACKAGING MARKET BY SEGMENT MATERIAL (2017-2032)
- E COMMERCE PACKAGING MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SEGMENT PLASTIC
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2032F)
- Historic And Forecasted Market Size in Volume (2017-2032F)
- Key Market Trends, Growth Factors and Opportunities
- Geographic Segmentation Analysis
- SEGMENT CORRUGATED BOARD
- SEGMENT PAPER AND PAPERBOARD
- SEGMENT WOODS
- SEGMENT GLASS
- E-COMMERCE PACKAGING MARKET BY SEGMENT APPLIACTION (2017-2032)
- E-COMMERCE PACKAGING MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SEGMENT ELECTRONICS AND ELECTRICAL
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2032F)
- Historic And Forecasted Market Size in Volume (2017-2032F)
- Key Market Trends, Growth Factors and Opportunities
- Geographic Segmentation Analysis
- SEGMENT APPARELS AND ACCESSORIES
- SEGMENT PERSONAL CARE
- SEGMENT HOUSEHOLD
- SEGMENT FOOD AND BEVERAGES
- SEGMENT OTHERS {PET FOOD, PHARMACEUTICAL}
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Benchmarking
- E Commerce Packaging Market Share by Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- WESTROCK COMPANY (USA)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves and Recent Developments
- SWOT Analysis
- MONDI GROUP (AUSTRIA)
- YFY INC. (TAIWAN)
- ZHEJIANG JINGXING PAPER CO., LTD. (CHINA)
- THAI CONTAINERS GROUP CO., LTD. (THAILAND)
- SHENG LONG GROUP (CHINA)
- INTERNATIONAL PAPER COMPANY (USA)
- DS SMITH PLC (UK)
- SMURFIT KAPPA GROUP (IRELAND)
- GEORGIA-PACIFIC LLC (USA)
- PACKAGING CORPORATION OF AMERICA (USA)
- AMCOR PLC (SWITZERLAND)
- SONOCO PRODUCTS COMPANY (USA)
- RENGO CO., LTD. (JAPAN)
- KLABIN S.A. (BRAZIL)
- BERRY GLOBAL GROUP, INC. (USA)
- GRAPHIC PACKAGING INTERNATIONAL, LLC (USA)
- SAPPI LIMITED (SOUTH AFRICA)
- TETRA PAK INTERNATIONAL S.A. (SWITZERLAND)
- NIPPON PAPER INDUSTRIES CO., LTD. (JAPAN)
- CASCADES INC. (CANADA)
- KAPSTONE PAPER AND PACKAGING CORPORATION (USA)
- OJI HOLDINGS CORPORATION (JAPAN)
- UFP TECHNOLOGIES, INC. (USA)
- ORORA LIMITED (AUSTRALIA)
- SCHUR FLEXIBLES HOLDING GESMBH (AUSTRIA)
- INTERNATIONAL PAPER & PLASTICS INC. (USA)
- THONG GUAN INDUSTRIES BERHAD (MALAYSIA)
- COMPETITIVE LANDSCAPE
- GLOBAL E-COMMERCE PACKAGING MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segment Packaging Type
- Historic And Forecasted Market Size by Segment Material
- Historic And Forecasted Market Size by Segment Application
- Historic And Forecasted Market Size by Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segments
- Historic And Forecasted Market Size by Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segments
- Historic And Forecasted Market Size by Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segments
- Historic And Forecasted Market Size by Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segments
- Historic And Forecasted Market Size by Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors and Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size by Segments
- Historic And Forecasted Market Size by Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global E-Commerce Packaging Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 70.89 Bn |
Forecast Period 2024-32 CAGR: |
13.72 % |
Market Size in 2032: |
USD 225.84 Bn |
Segments Covered: |
By Packaging |
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By Material |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
WestRock Company (USA), Mondi Group (Austria), YFY Inc. (Taiwan), Zhejiang Jingxing Paper Co., Ltd. (China), Thai Containers Group Co., Ltd. (Thailand), Sheng Long Group (China), International Paper Company (USA) and Other Major Players. |
Frequently Asked Questions :
The forecast period in the E Commerce Packaging Market research report is 2024-2032.
WestRock Company (USA), Mondi Group (Austria), YFY Inc. (Taiwan), Zhejiang Jingxing Paper Co., Ltd. (China), Thai Containers Group Co., Ltd. (Thailand), Sheng Long Group (China), International Paper Company (USA), DS Smith Plc (UK), Smurfit Kappa Group (Ireland), Georgia-Pacific LLC (USA), Packaging Corporation of America (USA), Amcor plc (Switzerland), Sonoco Products Company (USA), Rengo Co., Ltd. (Japan), Klabin S.A. (Brazil), Berry Global Group, Inc. (USA), Graphic Packaging International, LLC (USA), Sappi Limited (South Africa), Tetra Pak International S.A. (Switzerland), Nippon Paper Industries Co., Ltd. (Japan), Cascades Inc. (Canada), KapStone Paper and Packaging Corporation (USA), Oji Holdings Corporation (Japan), UFP Technologies, Inc. (USA), Orora Limited (Australia), Schur Flexibles Holding GesmbH (Austria), International Paper & Plastics Inc. (USA), Thong Guan Industries Berhad (Malaysia) and Other Major Players.
The E Commerce Packaging Market is segmented into Type, Nature, Application, and region. By Packaging Type, the market is categorized into Corrugated Box, Bottles, Bags and Pouches, Cartons, Trays, Others {Protective Packaging, Mailers, Tapes, Wraps and films Hinged and Lidded Containers}. By Material, the market is categorized into Plastic, Corrugated Board, Paper and Paperboard, Woods and Glass. By Application, the market is categorized into Electronics and Electrical, Apparels and Accessories, Personal Care, Household, Food and Beverages, Others (Pet Food, Pharmaceutical). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
E-commerce packaging is the materials and methods used to package products for online retail. E-commerce packaging is distinct from traditional retail packaging due to the unique demands of shipping directly to consumers
E Commerce Packaging Market Size Was Valued at USD 70.89 Billion in 2023, and is Projected to Reach USD 225.48 Billion by 2032, Growing at a CAGR of 13.72% From 2024-2032.