New York, According to a new market research report published by Global Insight Services “E-commerce Packaging Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
E-commerce packaging is a term used to describe the packaging of products that are sold online. This type of packaging is different from traditional packaging in that it must be able to withstand the rigors of shipping, including being exposed to different weather conditions and being handled by multiple shipping companies. E-commerce packaging must also be designed to protect the product inside, as well as to make it easy for the customer to open and close the package.
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Key Trends
There are a few key trends in e-commerce packaging technology that are worth mentioning. First, there is a trend toward using more sustainable and recyclable materials in packaging. This is in response to the growing awareness of the environmental impact of packaging waste. Second, there is a trend toward using packaging that is more user-friendly. This means packaging that is easy to open and close, and that is clearly labeled. This is in response to the growing number of consumers who are shopping online and who want packaging that is easy to use. Third, there is a trend toward using packaging that is more efficient. This means packaging that uses less material and that is easier to store and ship. This is in response to the growing number of businesses that are looking to save money on packaging costs.
Key Drivers
The key drivers of E-commerce Packaging market can be divided into three main categories:
1. Environmental Sustainability: As e-commerce continues to grow, the packaging industry is under pressure to find ways to reduce environmental impact. This is especially true for packaging used for home delivery, which often ends up in landfill.
2. Cost: Packaging is a significant cost for e-commerce businesses, and they are always looking for ways to reduce packaging costs.
3. Convenience: Packaging must be designed to be convenient for customers to use. This includes easy-to-open packaging, tamper-evident packaging, and clear instructions.
Market Segments
The E-commerce Packaging Market is segmented on the basis of form, material, end-users, and region. By form the market is segmented into boxes, bags, tapes, protective packaging, labels, mailers, and others. By material, the market is segmented into plastics, corrugated board, paper & paperboard, glass, and others. By end-user, the market is segmented into electronics and electrical, apparels and accessories, personal care, household, food and beverages, retail, automotive, pharmaceuticals, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The E-commerce Packaging Market report includes players such as International Paper Company, Nippon Paper Industries Co. Ltd., Smurfit Kappa Group, DS Smith Plc., Packaging Corporation of America, Rengo Co. Ltd., Orora Packaging Australia Pty Ltd., Klabin S.A., Amcor plc, and Georgia-Pacific LLC.
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Reasons to buy E-commerce Packaging Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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