Global Retail E-commerce Packaging Market is expected to reach a market size of USD 21,669.7 million by the end of the forecast period.
Market research future published a cooked research report on Global Retail E-commerce Packaging Market that contains the information from 2017 to 2023. Global Retail E-commerce Packaging market is expected to grow with the CAGR of approximately 5.92% from 2017 to 2023.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 117 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Retail E-commerce Packaging Market Information from 2017 to 2023″
The Global Retail E-Commerce Packaging Market was valued at USD 14,584.2 million in 2015, and is expected to reach a market size of USD 21,669.7 million by the end of the forecast period at CAGR of 5.92%.
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The packaged food market is expected to grow due to the rise in demand for packaged foods & beverages, and frozen foods. The increase in consumer income in countries such as China, India, and Brazil, has led to a growth in demand for good-quality packaged food. Also, the rise in population in many countries, has led to an increase in food & beverage consumption, ultimately leading to the increase in packaged food products. This induces the demand for such e-commerce packaging.
- International Paper Company (U.S.)
- Mondi Group (South Africa)
- DS Smith Plc. (U.K.)
- Packaging Corporation of America. (U.S.)
- Rengo Co. Ltd. (Japan)
- Klabin S.A. (Brazil)
- Nippon Paper Industries Co. Ltd (Japan)
- Georgia-Pacific LLC (U.S.)
- Orora Packaging Australia Pty Ltd. (Australia)
- Smurfit Kappa Group (Ireland)
Segmentation: Global Retail E-commerce Packaging Market:
Global Retail e-commerce Packaging Market, By Material
- Corrugated Boxes
- Protective packaging
- Security envelopes
- Tapes & labels
- Others (Other includes insulated shipping containers, paperboard tubes, shrink film)
Global Retail e-commerce Packaging Market, By Application
- Electronics & Consumer goods
- Apparel & Accessories
- Home furnishing
- Auto Parts
- Food & Beverages
- Healthcare & Personal care
- Others (Other includes books, toys & baby products, and industrial products )
Global Retail e-commerce Packaging Market, By Region
- North America
- Rest of the world
Asia Pacific region dominates the global Retail E-commerce Packaging market
Asia Pacific has emerged as the world’s largest e-commerce hub. Asia-Pacific has witnessed a rapid growth in retail e-commerce due to rising middle class in China, India and Indonesia, and also the increase in popularity of mobile gadgets. China alone accounts for 40% of the world’s retail e-commerce sales in recent years. The rapid growth in Asia-Pacific is mainly due to faster internet service and increase use of mobile devices. All these factors will lead to growth of retail-ecommerce packaging market. In China, the electronics and appliance retailers dominate the market. The domestic manufacturer are accounting for the increase in share of consumer electronics due to growing brand reputation and improved technology. China accounts for about 53.2 % of internet penetration in Asia-Pacific and is expected to grow during the forecast period.
The U.K., Germany and France dominate the European e-commerce market. According to E-commerce-Europe, European ecommerce turnover increased by 15% to €530 billion in 2016. For 2017, the European B2C ecommerce turnover is forecasted to reach around €602 billion, at a growth rate of nearly 14%. However, the pace of this growth varies regionally across European markets. Western European countries continue to lead the way, as the largest market for ecommerce.
North America e-commerce market has been continuously evolving over past years. The region has witnessed increased investment in the R&D and product innovation as far as packaging is concerned. Furthermore, the stringent food safety policies in the countries of the U.S. and Canada drives the demand of e-commerce packaging in the food & beverage sector. U.S. is expected to dominate the market in North America due to high satisfaction of online retail. The growing trend in e-commerce market in U.S. is because of the rise in mobile shopping. It is expected that approximately 136 million users have made one purchase through mobile app. In 2016, about 77 percent of internet user had made online purchase in U.S. According to U.S. Commerce Department, E-commerce represented 11.7% of total sales in 2016.
The report for Global Retail E-commerce packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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