The E-Commerce Packaging Market size was USD 70 billion in 2023 and is expected to Reach USD 147.88 billion by 2031 and grow at a CAGR of 9.8 % over the forecast period of 2024-2031.
The industry is expected to grow as a result of factors like rising internet and smartphone penetration, economic expansion, and rising online spending. However, the lack of first-hand product experience prior to purchase and the low penetration of online businesses in rural areas of the world are likely to be significant growth inhibitors for the sector. The U.S after China is the world's largest e-commerce market. During the anticipated years, the country is expected to experience consistent and significant growth. The rising dependence of consumers on online shopping, the high level of consumer spending power, and the growing use of smartphones and the internet in the nation are some of the factors boosting the growth of this industry. An expanding market in the U.S is food e-commerce.
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In 2023, the global industry was dominated by the corrugated box product segment, which brought in more than 35 % of the total revenue. The high share was primarily attributed to the rise in demand for green packaging products with high strength and sustainability, like corrugated boxes. Additionally, consumers' increasing reliance on online delivery of goods is probably going to increase demand for corrugated box packaging.
KEY DRIVERS:
The e-commerce sector is seeing an increase in demand for Sustainable Plastic Packaging.
In the coming years, the e-commerce sector's rising need for plastic-based packaging is anticipated to fuel market expansion. This is because of the e-commerce industry's dependency on plastic-based packaging. When compared to paper, wood, and corrugated board, this material is widely accessible, inexpensive, and lightweight. Additionally, the increased sales of grocery items with a doorstep delivery strategy boosted the demand for plastic-based packaging.
Increasing e-commerce platform demand for food and drinks.
RESTRAIN:
Strict Regulations against the use of plastic packaging.
Due to the widespread use of non-biodegradable plastic and the introduction of strict government regulations by various governments, the market size for e-commerce packaging has been negatively impacted. These limitations are the main obstacles to market expansion.
OPPORTUNITY:
Growing demand in the e-commerce industry for eco-friendly packaging.
The market is expected to see new opportunities as a result of the rising demand for eco-friendly packaging in e-commerce. The demand for e-commerce packaging during the forecast period would increase by initiatives taken by major players.
The market will be expanded by the growing number of smartphone users.
CHALLENGES:
The lack of recycling facilities will hinder growth.
The lack of recycling facilities is the main challenge in the growth of the e-commerce packaging market. Recyclable packaging contributes to environmental preservation and smart infrastructure development, both of which are crucial for the market. Thus, during the forecast period, this will restrain the growth of the e-commerce market.
Food and grocery costs tend to go up for eCommerce customers. Businesses might also fail to offer customers the discounts they want. This is due to the fact that Russia, which even outsells the US in terms of export volume, is a significant global supplier of wheat. Along with this, Russia and Ukraine are referred to as the "BreadBasket" of Europe because they provide 25% of the continent's maize and 35% of its wheat. Fewer exports during the War affected the e-commerce packaging market, due to less production and availability of fewer resources. The cost of food packaging material also increased which affected the food and beverage packaging.
Russia is also one of the leading exporters of metals such as aluminium, and steel. The shortage of the export of this material affected the e-commerce industry.
The production and marketing of cosmetics and other personal care products took a severe hit as a result of the rise in crude oil prices and the scarcity of petrochemicals due to the war. Renowned cosmetic companies may even decide to stop producing their entire product lines and eliminate promotions as a result of the rising costs of packaging materials.
In times of economic downturn, brands frequently reduce spending and supply costs. As a result, it may be tempting to buy packaging from foreign producers that is "one size fits all.". These options include plain brown boxes or envelope mailers made of low-quality printing materials. The financial performance of a brand may ultimately suffer if this course of action is taken.
Imported packaging of poor quality increases the possibility of product damage, as well as returns and disgruntled customers. Furthermore, void-filling techniques are frequently needed with these one-size-fits-all solutions, which raises the price. Buying imported boxes may initially save brand money, but in the long run, they will probably end up spending more on reverse logistics and returns processing.
By Raw Material
Plastic
Wood
Corrugated Board
By Product Type
Corrugated Box
Tapes
Mailers
Poly Bags
Protective Packaging
Others
By Application
Personal Care
Pharmaceutical
Household
Electronics & Electrical
Food & Beverages
Others
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The market was dominated by Asia Pacific, which in 2023 had a revenue share of over 48.2%. Due to rising mobile internet usage and shifting lifestyles, the region is anticipated to experience rapid growth over the forecast period. Asians are embracing urban lifestyles and a culture that is more focused on work, so the availability of free time is less. As a result, consumers are slowly moving their shopping to e-commerce platforms. As a result, the demand for shipping supplies is rising along with the Asia Pacific region's increasing reliance on e-commerce.
In addition, the Asia Pacific region is seeing an increase in the adoption of technologies like blockchain, AIML, IoT, and 5G wireless systems, which are reshaping the online business landscape by, among other things, lower costs, and improving Advertisements. The market is predicted to grow significantly as a result of improved technologies combined with an e-commerce platform, which will also lead to an increase in the demand for packaging materials for product shipping.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin American
Some major key players in the E-commerce packaging market are Alpha Packaging, Amcor Plc, Transcontinental Inc, WINPAK Ltd, ALPLA, CCL Industries, Mondi, Coveris, Constantia Flexibles, Berry Global Group Inc, and other players.
Europe, New legislation, which will be unveiled by the European Commission soon, will for the first time include restrictions on packaging size and the amount of "empty space" in boxes that online retailers ship across Europe.
Smurfit Kappa, A new online retail "boutique" for the packaging industry has been opened by Smurfit Kappa in the Dominican Republic.
| Report Attributes | Details |
| Market Size in 2023 | US$ 70 Bn |
| Market Size by 2031 | US$ 147.88 Bn |
| CAGR | CAGR of 9.8 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Material (Plastic, Paper & Paperboards, Wood, Corrugated Board) • By Product Type (Corrugated Box, Tapes, Mailers, Poly Bags, Protective Packaging, Others) • By Application (Personal Care, Pharmaceutical, Household, Electronics & Electrical, Food & Beverages, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Alpha Packaging, Amcor Plc, Transcontinental Inc, WINPAK Ltd, ALPLA, CCL Industries, Mondi, Coveris, Constantia Flexibles, Berry Global Group Inc |
| Key Drivers | • The e-commerce sector is seeing an increase in demand for plastic-based packaging. |
| Market Opportunities | • Growing demand in the e-commerce industry for eco-friendly packaging. |
Ans: The E-commerce Packaging Market is expected to grow at a CAGR of 9.8% over the forecast period of 2024-2031.
Ans: The E-commerce Packaging Market size was USD 70 billion in 2023 and is expected to reach USD 147.88 billion by 2031.
Ans: The e-commerce sector is seeing an increase in demand for plastic-based packaging, which is driving the market globally.
Ans: Strict Regulations against the use of plastic packaging is restraining the growth of market.
Ans: The market was dominated by Asia Pacific, which in 2022 had a revenue share of over 48.2 %.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. E-commerce Packaging Market Segmentation, By Raw Material
8.1 Plastic
8.2 Paper & Paperboards
8.3 Wood
8.4 Corrugated Board
9. E-commerce Packaging Market Segmentation, By Product Type
9.1 Corrugated Box
9.2 Tapes
9.3 Mailers
9.4 Poly Bags
9.5 Protective Packaging
9.6 Others
10. E-commerce Packaging Market Segmentation, By Application
10.1 Personal Care
10.2 Pharmaceutical
10.3 Household
10.4 Electronics & Electrical
10.5 Food & Beverages
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America E-commerce Packaging Market by Country
11.2.2North America E-commerce Packaging Market By Raw Material
11.2.3 North America E-commerce Packaging Market by Product Type
11.2.4 North America E-commerce Packaging Market By Application
11.2.6 USA
11.2.6.1 USA E-commerce Packaging Market By Raw Material
11.2.6.2 USA E-commerce Packaging Market by Product Type
11.2.6.3 USA E-commerce Packaging Market By Application
11.2.7 Canada
11.2.7.1 Canada E-commerce Packaging Market By Raw Material
11.2.7.2 Canada E-commerce Packaging Market by Product Type
11.2.7.3 Canada E-commerce Packaging Market By Application
11.2.8 Mexico
11.2.8.1 Mexico E-commerce Packaging Market By Raw Material
11.2.8.2 Mexico E-commerce Packaging Market by Product Type
11.2.8.3 Mexico E-commerce Packaging Market By Application
11.3 Europe
11.3.1 Europe E-commerce Packaging Market by Country
11.3.2 Europe E-commerce Packaging Market By Raw Material
11.3.3 Europe E-commerce Packaging Market by Product Type
11.3.4 Europe E-commerce Packaging Market By Application
11.3.6 Germany
11.3.6.1 Germany E-commerce Packaging Market By Raw Material
11.3.6.2 Germany E-commerce Packaging Market by Product Type
11.3.6.3 Germany E-commerce Packaging Market By Application
11.3.7 UK
11.3.7.1 UK E-commerce Packaging Market By Raw Material
11.3.7.2 UK E-commerce Packaging Market by Product Type
11.3.7.3 UK E-commerce Packaging Market By Application
11.3.8 France
11.3.8.1 France E-commerce Packaging Market By Raw Material
11.3.8.2 France E-commerce Packaging Market by Product Type
11.3.8.3 France E-commerce Packaging Market By Application
11.3.9 Italy
11.3.9.1 Italy E-commerce Packaging Market By Raw Material
11.3.9.2 Italy E-commerce Packaging Market by Product Type
11.3.9.3 Italy E-commerce Packaging Market By Application
11.3.10 Spain
11.3.10.1 Spain E-commerce Packaging Market By Raw Material
11.3.10.2 Spain E-commerce Packaging Market by Product Type
11.3.10.3 Spain E-commerce Packaging Market By Application
11.3.11 The Netherlands
11.3.11.1 Netherlands E-commerce Packaging Market By Raw Material
11.3.11.2 Netherlands E-commerce Packaging Market by Product Type
11.3.11.3 Netherlands E-commerce Packaging Market By Application
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe E-commerce Packaging Market By Raw Material
11.3.11.2 Rest of Europe E-commerce Packaging Market by Product Type
11.3.11.3 Rest of Europe E-commerce Packaging Market By Application
11.4 Asia-Pacific
11.4.1 Asia Pacific E-commerce Packaging Market by Country
11.4.2 Asia Pacific E-commerce Packaging Market By Raw Material
11.4.3 Asia Pacific E-commerce Packaging Market by Product Type
11.4.4Asia Pacific E-commerce Packaging Market By Application
11.4.6 Japan
11.4.6.1 Japan E-commerce Packaging Market By Raw Material
11.4.6.2 Japan E-commerce Packaging Market by Product Type
11.4.6.3 Japan E-commerce Packaging Market By Application
11.4.7 South Korea
11.4.7.1 South Korea E-commerce Packaging Market By Raw Material
11.4.7.2 South Korea E-commerce Packaging Market by Product Type
11.4.7.3 South Korea E-commerce Packaging Market By Application
11.4.8 China
11.4.8.1 China E-commerce Packaging Market By Raw Material
11.4.8.2 China E-commerce Packaging Market by Product Type
11.4.8.3 China E-commerce Packaging Market By Application
11.4.9 India
11.4.9.1 India E-commerce Packaging Market By Raw Material
11.4.9.2 India E-commerce Packaging Market by Product Type
11.4.9.3 India E-commerce Packaging Market By Application
11.4.10 Australia
11.4.10.1 Australia E-commerce Packaging Market By Raw Material
11.4.10.2 Australia E-commerce Packaging Market by Product Type
11.4.10.3 Australia E-commerce Packaging Market By Application
11.4.11 Rest of Asia-Pacific
11.4.11.1 APAC E-commerce Packaging Market By Raw Material
11.4.11.2 APAC E-commerce Packaging Market by Product Type
11.4.11.3 APAC E-commerce Packaging Market By Application
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa E-commerce Packaging Market by Country
11.5.2 The Middle East & Africa E-commerce Packaging Market By Raw Material
11.5.3 The Middle East & Africa E-commerce Packaging Market by Product Type
11.5.4The Middle East & Africa E-commerce Packaging Market By Application
11.5.6 Israel
11.5.6.1 Israel E-commerce Packaging Market By Raw Material
11.5.6.2 Israel E-commerce Packaging Market by Product Type
11.5.6.3 Israel E-commerce Packaging Market By Application
11.5.7 UAE
11.5.7.1 UAE E-commerce Packaging Market By Raw Material
11.5.7.2 UAE E-commerce Packaging Market by Product Type
11.5.7.3 UAE E-commerce Packaging Market By Application
11.5.8 South Africa
11.5.8.1 South Africa E-commerce Packaging Market By Raw Material
11.5.8.2 South Africa E-commerce Packaging Market by Product Type
11.5.8.3 South Africa E-commerce Packaging Market By Application
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Asia E-commerce Packaging Market By Raw Material
11.5.9.2 Rest of Middle East & Asia E-commerce Packaging Market by Product Type
11.5.9.3 Rest of Middle East & Asia E-commerce Packaging Market By Application
11.6 Latin America
11.6.1 Latin America E-commerce Packaging Market by Country
11.6.2 Latin America E-commerce Packaging Market By Raw Material
11.6.3 Latin America E-commerce Packaging Market by Product Type
11.6.4 Latin America E-commerce Packaging Market By Application
11.6.6 Brazil
11.6.6.1 Brazil E-commerce Packaging Market By Raw Material
11.6.6.2 Brazil Africa E-commerce Packaging Market by Product Type
11.6.6.3 Brazil E-commerce Packaging Market By Application
11.6.7 Argentina
11.6.7.1 Argentina E-commerce Packaging Market By Raw Material
11.6.7.2 Argentina E-commerce Packaging Market by Product Type
11.6.7.3 Argentina E-commerce Packaging Market By Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America E-commerce Packaging Market By Raw Material
11.6.8.2 Rest of Latin America E-commerce Packaging Market by Product Type
11.6.8.3 Rest of Latin America E-commerce Packaging Market By Application
12 Company Profile
12.1 Alpha Packaging
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Products/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Amcor Plc
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Products/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Transcontinental Inc
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Products/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 WINPAK Ltd
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Products/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 ALPLA
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Products/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 CCL Industries
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Products/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Mondi
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Products/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Coveris
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Products/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Constantia Flexibles
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Berry Global Group Inc
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. USE Cases and Best Practices
15. Conclusion
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