E-commerce packaging market could set an epic growth story in 2024

Market overview:

The global e-commerce packaging market is estimated to be worth USD 93.32 billion in 2024 and is expected to reach USD 281.77 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 17.1% during 2024-2031.

Market dynamics:

The e-commerce packaging market is expected to witness significant growth during the forecast period, driven by the increasing online shopping activity of consumers. E-commerce sales have grown exponentially over the past few years with the increasing internet penetration and consumers shifting to online platforms for making purchases. As more and more consumers opt for online shopping for various goods instead of visiting retail stores, the demand for suitable packaging solutions is also growing to deliver products safely to customers. Moreover, increasing cross-border trade and international shipping are also driving the need for strong and sustainable e-commerce packaging materials. Various packaging manufacturers are focusing on developing innovative, lightweight yet durable packaging solutions to meet the demands of customers as well as optimize shipping costs for e-retailers.

💎 Sample copy of the report @ https://www.coherentmarketinsights.com/insight/request-sample/1508

Drivers of the e-commerce packaging market

The growth of online shopping and the demand for fast delivery

The growing popularity of online shopping has increased the demand for efficient packaging that protects products during delivery and shipping. People prefer to shop online due to the convenience it offers, such as shopping at home, cash on delivery options, doorstep delivery, etc. This has created a huge opportunity for packaging manufacturers and suppliers to come up with effective yet affordable packaging solutions for e-commerce businesses. Good packaging plays a key role in building a brand and ensuring the safety of products during transportation. Customers expect their packages to be delivered quickly and safely, which is driving innovation in e-commerce packaging.

Opportunity in the e-commerce packaging market

Growth of international e-commerce

The rapid growth of cross-border e-commerce is creating lucrative opportunities for packaging manufacturers. International shipments come with the need to navigate different export regulations, language barriers and longer transit times. This highlights the need for robust, secure and easily identifiable packaging. There is a growing demand for packaging tailored to specific international postal and shipping regulations. Multinational retailers also require globally compliant but localised packaging for regional warehouses. This opens up opportunities to develop universal packaging templates, share best practices worldwide and globalise supply chains to achieve collective benefits. Standardised packaging solutions suitable for the international last mile can unlock greater cost efficiency and revenue potential.

Trends in the e-commerce packaging market

Increased adoption of smart and intelligent packaging

Advances in material science, IoT, and digital printing are enabling the development of intelligent and smart packaging solutions. Features such as product tracking, tamper-proofing, shelf life monitoring, digital interaction are being enabled using technologies such as RFID tags, smart labels, embedded sensors, and interactive displays. This enables real-time monitoring of packaging and collection of analytics. Such intelligent packaging increases visibility, ensures quality and freshness, enables automated sorting, and improves the e-commerce experience. The collected big data can provide valuable insights into the supply chain and marketing. This trend shows how digitalization is transforming packaging into an interactive medium that goes beyond basic protection and usability.

💎 You can buy the full report @ https://www.coherentmarketinsights.com/insight/buy-now/1508

Key companies included in this report:

★ Amcor SA, a limited liability company
★ Berry Global Group Inc.
★ CCL Industry
★ Cover
★ Sealed air
★ Sonoco Products Company
★ WINPAK Sp. z o. o.
★ Alpha Packaging
★ Flexible Constantia
★ World
★ Gerresheimer AG
★ Silver Spur Corp.
★ Sad
★ Transcontinental Inc.
★ALPA
★ Packer
★ Package U
★ Total package
★ Storopack Ind Pvt Ltd
★ Astron Packaging Ltd

Market segmentation:

By product type:

★ By product type: Boxes, Protective packaging, Envelopes, Tapes, Labels, Other
★ By material: Plastic, Corrugated cardboard, Paper and cardboard, Wood

By application:

★ By Application: Electronics, Food & Beverage, Cosmetics, Fashion, Furniture, Other

Key regions/countries classified as follows:

» North America (USA, Canada, Mexico)
» Europe (Germany, Great Britain, France, Italy, Russia, Spain, rest of Europe)
» Asia Pacific (China, India, Japan, Singapore, Australia, New Zealand, rest of APAC)
» South America (Brazil, Argentina, rest of South Africa)
» Middle East and Africa (Türkiye, Saudi Arabia, Iran, UAE, Africa, rest of MEA)

Key questions addressed in this report include:

📈 What was the size of the e-commerce packaging market in 2024 and what is the forecast value by 2031?

📈 What is the current situation in the global e-commerce packaging market?

📈 What strategies offer optimal opportunities to maximize growth in your business?

📈 What are the latest trends shaping the e-commerce packaging market?

📈 How does e-commerce packaging market share in terms of revenue, sales, and volume vary across geographic regions?

📈 Who is the main player in the e-commerce packaging market?

📈 Which segment of the e-commerce packaging market is seeing increased demand?

The report also delves into the competitive landscape, key players, trade patterns, industry value chain, latest news, policies and regulations. If you have any questions or require customization options, do not hesitate to contact us.

In summary, whether you are a manufacturer, distributor or investor in the e-commerce packaging sector, this report provides valuable insights into market segments, growth drivers, challenges, investment prospects, regional dynamics, key players, growth strategies, prevailing trends and obstacles affecting industry expansion.

💎 Customization request to: @ https://www.coherentmarketinsights.com/insight/request-customization/1508

Author biography:

Priya Pandey is a dynamic and passionate editor with over three years of experience in editing and proofreading content. With a Bachelor’s degree in Biotechnology, Priya has a knack for creating engaging content. Her diverse portfolio includes editing documents across industries including food and beverages, information and technology, healthcare, chemicals and materials, etc. Priya’s meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

contact us

Mr. Shah
Consistent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About us

Coherent Market Insights is a global market intelligence and advisory organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports across a variety of domains including Aerospace & Defense, Agriculture, Food & Beverage, Automotive, Chemicals & Materials, and virtually every domain and an exhaustive list of subdomains under the sun. We create value for clients through our highly credible and accurate reports. We are also committed to playing a leading role in offering insights across sectors post COVID-19 and continue to deliver measurable, sustainable results to our clients.

This version was published on openPR.