November 26, 2020

Retail E-commerce Packaging Market Size, Competitive Dynamics and Global Outlook 2023

Key Players

Georgia-Pacific LLC

Mondi Group

DS Smith Plc

Klabin S.A.

Smurfit Kappa Group

Nippon Paper Industries Co. Ltd.

Packaging Corporation of America

Orora Packaging Australia Pty Ltd.

International Paper Company

Rengo Co. Ltd

are among the prominent market leaders that have been included in MRFR's competitive tracking of the global Retail E-commerce Packaging Market Size,.

Market Segmentation

Segmental study of the global Retail E-commerce Packaging Market Size has been segmented on the basis of material, application, and region. Material has been segmented into corrugated boxes, security envelopes, protective packaging, tapes & labels, and others. Consumers often want to ensure that their ordered item does not become damaged in the process of delivery. As a result, the protective packaging segment accounts for a market share of 34.80% and is projected to grow at the highest CAGR.

Application has been segmented to include apparel & accessories, electronics & consumer goods, auto parts, home furnishing, food & beverages, healthcare & personal care, and others. Electronics & consumer goods are among the most packaged retail e-commerce items. Moreover, online offers for smartphones and other electronics can often beat those found in traditional stores.

- Regional Analysis

The Asia Pacific has secured the position of the world's largest e-commerce hub. The region has a rapidly expanding middle class in China, Indonesia, and India. The increasing popularity of mobiles, gadgets and several consumer electronics have driven e-commerce sales and by extension drive the demand for retail e-commerce packaging. China, alone accounts for 40% of the world's e-commerce sale, making the APAC a truly significant region in the global retail e-commerce packaging industry.

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