Retail E-commerce Packaging Market Global Industry Analysis, Development, Opportunities, Future Growth and Business Prospects by Forecast To 2027

 

Market Analysis 

The global Retail E-Commerce Packaging Market is projected to touch USD 21,669.7 million at a 5.92% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Retail e-commerce packaging includes products like protective packaging (loose fill peanuts, air pillows, and bubble wraps), labels, tapes, boxes (folding and corrugated cartons), and others. Generally, these products are used as secondary packaging to safeguard the packaged contents against damage at the time of transportation activities. Owing to its alluring features and benefits, it has wide applications in different end use industries such as healthcare and personal care, food and beverages, home furnishing, auto parts, electronics and consumer goods, apparel and accessories, and others.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1891

Various factors are propelling the retail e-commerce packaging market share. As per the recent MRFR report, such factors include on-going rise in online shopping, consumers being spoilt for choice, convenience to shop at the comfort or during the move, free shipping, easy return policies, and fast delivery, demand for packaged food, presence of several online stores varying from non-perishable groceries to specialty packaged foods, increasing use of retail e-commerce packaging, preference for e-commerce shopping due to huge discounts, growing demand for protective, eco-friendly packaging, and increase in retail e-commerce in emerging economies. 

On the contrary, demand for less paper & plastic packaging, rise in environmental consciousness, strict government regulations about corrugated packaging, and the impact of the COVID-19 outbreak may limit the global retail e-commerce packaging market growth during the forecast period. 

Key Players

Key contenders profiled in the global retail e-commerce packaging market report include Rengo Co. Ltd, International Paper Company, Orora Packaging Australia Pty Ltd., Packaging Corporation of America, Nippon Paper Industries Co. Ltd., Smurfit Kappa Group, Klabin S.A., DS Smith Plc, Mondi Group, and Georgia-Pacific LLC. Industry players have incorporated several strategies to stay at the forefront and also cater to consumers' burgeoning needs, such as mergers and acquisitions, new product launch and new product development, strategic alliances, partnerships and collaborations, joint ventures, contracts, and much more. 

Market Segmentation

The retail e-commerce packaging market has been bifurcated based on application and material. 

By material, the global retail e-commerce packaging market is segmented into tapes and labels, protective packaging, security envelopes, corrugated boxes, and others. Of these, the protective packaging segment will lead the market over the forecast period as consumers need assurance that their ordered goods are not damaged during delivery. 

By application, the global retail e-commerce packaging market is segmented into healthcare and personal care, food and beverages, home furnishing, auto parts, electronics and consumer goods, apparel and accessories, and others. Of these, electronics and consumer goods will dominate the market over the forecast period. 

Regional Analysis

By region, the global retail e-commerce packaging market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. The region being the largest e-commerce hub, rapidly expanding middle class in India, Indonesia, and China, the rising popularity of gadgets, mobiles, and other consumer electronics, and rapid expansion in retail e-commerce business are adding to the global retail e-commerce packaging market growth in the region. 

The global retail e-commerce packaging market in Europe is predicted to have the second-largest share over the forecast period, in North America is predicted to have sound growth, and in the Rest of the World is likely to have steady growth over the forecast period. 

Access Report Details @  https://www.marketresearchfuture.com/reports/retail-e-commerce-packaging-market-1891

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune 411028
Maharashtra, India
+1 646 845 9312
Email:sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Aerospace Ceramics Market: Prospective Growth Trends & Incremental Opportunity Assessment till 2028

Global Aerospace Ceramics Market Report - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Aerospace Ceramics Market industry. Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-58763?utm_source=OFPG&utm_medium=SG Research report on the Aerospace Ceramics Market provides analysis and insight into the various factors that are expected to prevail over the forecast period, while at the same time providing their effect on market growth. This report on the Aerospace Ceramics Market provides details of recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analysis of opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, market growth categories, applications, etc. Today's compa...
Read more

Prefabricated Buildings Market 2023 Size, Share, Industry Key Features, Growth Drivers, Key Expansion Strategies, Upcoming Trends and Regional Forecast by 2030

  Introduction: The  prefabricated buildings market  has experienced remarkable growth in recent years, driven by the need for faster, cost-effective, and sustainable construction solutions. Prefabricated buildings, also known as modular or off-site construction, involve the manufacturing of building components in a factory setting and their subsequent assembly on-site. This article explores the key factors driving the growth of the prefabricated buildings market, highlights the advantages and applications of these structures, and discusses the future trends and innovations shaping the industry. Efficiency and Time Savings: One of the significant advantages of prefabricated buildings is the enhanced efficiency and time savings they offer compared to traditional  construction  methods. The off-site manufacturing process allows for simultaneous activities to take place, such as site preparation and construction component fabrication. This parallel workflow signifi...
Read more

Aromatic Solvents Market to reach USD 9.15 billion by 2028

The Global Aromatic Solvents Market is projected to reach USD 9.15 billion by 2028, growing at a CAGR of 3.1% during the forecast period. The worldwide increase in construction activities & consequent growth of paints industry is expected to propel the aromatic solvents market during the forecast period. Click Here To Get Sample of The Premium Report What are aromatic solvents? Aromatic solvents are composed of aromatic hydrocarbons such as xylene, naphthalene, and toluene. The aromatic solvents are used to dissolve solid materials to form homogeneous solutions. Aromatic solvents are produced by fractional distillation of crude oil in oil refineries. Due to their high levels of solvency, the demand for aromatic solvents is on the global rise. Market dynamics by QMI- The paints & coating industry is the principal end user of aromatic solvents. Toluene is utilized as a base material for the production of toluene diisocyanate, cement for polystyrene kits, and fullerene indicato...
Read more