Retail E-commerce Packaging Global Market Aggrandizes By 2023 At A Modest CAGR; Asserts MRFR

Pune, India, January 13, 2018 /MRFR Press Release/- Market research future published a cooked research report on global retail e-commerce packaging market. The Retail E-commerce Packaging market is expected to grow over the CAGR of around 5.92% during the period 2017 to 2023.

Market Highlights

:

E-commerce is generally the buying and selling of goods & services online. All the distributions, transactions occurs either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. The benefits of e-commerce are wide availability of goods & services, speed of access, and global reach.

Consumer electronics is the top selling category in e-commerce, today due to increase in the number of online electronics models. The electronic sector is continuously evolving with new developments. Due to the increase in internet and mobile penetration, there have been increase in the acceptance of online payments and favourable demographics have given the companies in the electronic sector an opportunity to connect with their customers.

There are various government regulations, which leads to restrictions on the retail e-commerce packaging, such as the packaging box is to confine to style 201 or 204 of IS: 6481-1971, it box should have a liner (separator) from top, bottom, and centre for cushioning, so as to protect the fragile item during shipment and the box used for shipment should be made from corrugated fibreboard so as to meet the bursting strength.

Drivers:

Retail E-commerce Packaging Drivers 

Market Research Analysis

The retail e-commerce packaging market has witnessed a moderate growth over the last few years and as per the analysis, the market will retain similar growth rate during the forecast period. In the report, the market has been divided into the following material: corrugated boxes, protective packaging, security envelopes, tapes & labels, and others. Protective packaging segment accounted for the largest share in the global retail e-commerce market due to increase in e-commerce industry. Products include various types of boxes or storage containers, foams, bubble wraps, air pillows, void space fillers & spacers.

As per the report, the market has been divided into following application: electronics & consumer goods, apparel & accessories, home furnishing, auto parts, food & beverages, healthcare & personal care, and others. Electronics & consumer goods segment dominate the global retail e-commerce packaging market with a share of 20.6% in 2015, in terms of value. The packaging for electronics industry includes air cushion packaging, corrugated end caps, bubble bags, corrugated pallets, edge protectors etc.

Global Retail E-commerce Packaging Market, 2016-2023 (USD Million)

Retail E-commerce Packaging Market
 

Scope of the Report

This study provides an overview of the global retail e-commerce packaging market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and South America and Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global retail e-commerce packaging market by its material, application, and region.

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

  • Europe

  • Asia-Pacific

  • Rest of the world

Key Players

The key players of global retail e-commerce packaging market are International Paper Company, Nippon Paper Industries Co. Ltd., Smurfit Kappa Group, Mondi Group, DS Smith Plc., Packaging Corporation of America, Rengo Co. Ltd, Orora Packaging Australia Pty Ltd., Klabin S.A., and Georgia-Pacific LLC.

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