According to a new report, published by KBV research, The Global E-Commerce Packaging Market size is expected to reach $132.7 billion by 2030, rising at a market growth of 10.4% CAGR during the forecast period.
The Boxes segment is registering a CAGR of 9.6 % during the forecast period. Boxes are used to enclose and protect individual products. They are essential for packaging various sizes, shapes, and weights, from small electronic gadgets to large appliances. They help keep products organized, protected, and easy to access. Boxes are versatile and integral to the e-commerce packaging market, serving multiple functions. Their use extends from protecting products during transit to enhancing branding and providing an excellent unboxing experience for customers.
The Corrugated Boards segment is leading the Global E-Commerce Packaging Market by Material in 2022; thereby, achieving a market value of $63.5 billion by 2030. Corrugated boards are known for their strength and resilience. They provide excellent protection for products during transit, reducing the risk of damage, which can lead to fewer returns and exchanges. Corrugated boards come in various types, such as single-wall and double-wall boards, which offer different levels of protection.
The Electronics segment is growing at a CAGR of 8.9 % during the forecast period. Electronic products are often fragile and sensitive to environmental factors like moisture, static electricity, and physical shocks. As a result, they require specialized packaging solutions to ensure their safe transit. This creates a demand for innovative and protective packaging options in the e-commerce industry. This includes tamper-evident seals and RFID tags, which can help secure the contents of the package.
The Asia Pacific region dominated the Global E-Commerce Packaging Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $53.7 billion by 2030. The Europe region is anticipated to grow at a CAGR of 9.8% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 9.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/e-commerce-packaging-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amcor Plc, Mondi Plc, The International Paper Company, DS Smith Plc., Rengo Co., Ltd., Sealed Air Corporation, Berry Global Group, Inc., CCL Industries Ltd., Sonoco Products Company and Smurfit Kappa Group plc
By Product Type
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By Geography
Companies Profiled
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