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Global E-commerce Plastic Packaging Market Analysis by Material, Application, Region and segments forecast till 2033
Market Overview
The Global E-Commerce Plastic Packaging Market was worth USD 98,550 million in 2022 and is poised to reach a valuation of USD 158,210 million by 2033, registering a CAGR of 6.9% over 2023-2033.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 98,550 Million |
Market Forecast in 2033 | USD 158,210 Million |
CAGR % 2023-2033 | 6.9% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product Vehicle type, end-user industry, company share, company heatmap, company Material Technology Vehicle type capacity, growth factors and more |
Segments Covered | Material, Application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Smurfit Kappa (Ireland), NIPPON PAPER INDUSTRIES CO. LTD (Japan), Crawford Packaging (Canada), Georgia-Pacific (US), DS Smith (UK), Mondi (UK), Packaging Corporation of America (US), Salazar Packaging, Inc. (US), Lil Packaging USA (England), Amcor Plc (Switzerland), Sealed Air (US), RENGO PACKAGING INC (Japan), Orora Packaging Australia Pty Ltd (Australia), RAJAPACK Ltd (UK), Pemcor packaging (US), Spartan Paperboard (US), Roberts PolyPro, Inc.(US), actionpakinc. Com (US), International paper (US), and klabin S.A (Brazil) |
Global E-commerce Plastic Packaging Market: Description
E-commerce packaging is referred to the use of efficient and durable packaging techniques to ensure the safe storage and transportation of goods. The adoption of high end packaging materials not only protects the components from damage but also helps the retailer to create a brand image. A wide array of materials are used to pack e-commerce goods namely, corrugated board, paper, plastic, foil sealed bags, and chipboard packaging, among others.
The shifting inclination of consumers towards online shopping owing to its wide range of benefits including doorstep delivery along with rewards and discounts is one of the major factors augmenting the industry outlook. Further, rapid internet penetration and widespread adoption of smart devices across the globe are primarily swaying the market dynamics. Also, rising per capita income of the masses, lifestyle improvements, and growing R&D investments in the field are adding traction to the industry expansion. Besides, the increasing adoption of eco-friendly packaging products by e-commerce companies is aiding market growth.
Moreover, the surging focus of the related companies to reduce their overall operational cost is creating lucrative opportunities for the marketplace to prosper. On the contrary, lack of awareness regarding e-commerce platforms in rural areas along with dearth of adequate infrastructure across various economies are hindering the remuneration scope of this industry vertical.
There has been a shifting inclination of the masses towards online shopping channels. This is powered by various factors such as hectic schedule of individuals, increase in disposable income, and widespread internet penetration. Moreover, the wide array of benefits offered by e-commerce platforms including doorstep delivery, discounted prices, along with refund/exchange options are bolstering the market growth.
With rapid industrialization and urbanization, the world is witnessing a massive surge in its pollution levels. This has pushed various e-commerce companies to adopt eco-friendly packaging materials for the delivery and storage of their goods. This in turn is stimulating the overall market progression.
Global E-commerce Plastic Packaging Market- Segmental Analysis:
Material Insights
The paper segment is poised to amass notable gains over the estimated timeline attributing to the rising environment cognizance of the masses.
Application Insights
The consumer electronics segment is reckoned to capture a considerable revenue share over the forecast period due to the rising inclination of consumers towards e-commerce shopping platforms owing to the wide array of benefits offered by them.
Regional Insights
The primary regions defining the geographical ambit of this business sphere are North America, Middle East & Africa, Latin America, Europe, and Asia Pacific. Among these, Asia Pacific is projected to garner substantial returns over the forecast period. This is attributable to the rising e-commerce sales, increasing disposable income of the masses, presence of potential players, and rapid internet penetration. Meanwhile, North America is expected to expand with a significant CAGR over the stipulated timeframe ascribing to the shifting consumer inclination towards e-commerce platforms and growing R&D investments in the field.
Competitive Analysis
The prominent companies characterizing the competitive gamut of this marketplace are Smurfit Kappa (Ireland), NIPPON PAPER INDUSTRIES CO. LTD (Japan), Crawford Packaging (Canada), Georgia-Pacific (US), DS Smith (UK), Mondi (UK), Packaging Corporation of America (US), Salazar Packaging, Inc. (US), Lil Packaging USA (England), Amcor Plc (Switzerland), Sealed Air (US), RENGO PACKAGING INC (Japan), Orora Packaging Australia Pty Ltd (Australia), RAJAPACK Ltd (UK), Pemcor packaging (US), Spartan Paperboard (US), Roberts PolyPro, Inc.(US), actionpakinc. Com (US), International paper (US), and klabin S.A (Brazil).
Notably, in January 2021, Mondi Group announced the acquisition of Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S to diversify its offerings in the field.
Global E-commerce Plastic Packaging Market- Segmental Analysis
By Material
Paper
Corrugated boards
Plastic
Others
By Application
Food & Beverage
Consumer Electronics
Personal Care & Cosmetics
Fashion & Apparel
Others
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global E-commerce Plastic Packaging Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both Technology Vehicle typeion and consumption point of view at the regional and country level. Key Factors considered within the report scope are Technology Vehicle typeion capacity by countries/regions, average End Use, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global E-commerce Plastic Packaging Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
Business Model
Technology Vehicle typeion Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Technology Vehicle type in taking a key decision within the business:
Company Share Analysis from 2020-2022
Company Analysis by Revenue and Sales
Company Technology Vehicle type Capacity, Gross Margin
Company Share Analysis by Card Technology Vehicle type/Card Technology Vehicle type
Company Share Analysis by Technology Vehicle type/Specification
