Global E-Commerce Packaging Market

E-commerce Packaging Market size reached USD 67.3 billion in 2023 and is estimated to reach USD 173.9 billion in 2031 and the market is estimated to grow at a high CAGR of 12.6% from 2024-2031.

To have an edge over the competition by knowing the market dynamics and current trends of “E-commerce packaging Market”, request for Sample Report here

Major E-commerce Packaging Market Drivers 

The drivers propelling the global e-commerce packaging market growth are rapid economic development, a rise in the prevalence of online shopping, growing internet penetration in developing countries, and an advancement in e-commerce industry globally. The surge in smartphone users and increased disposable income in developing economies is predicted to foster the demand for e-commerce packaging. In addition, the market is projected to benefit from positive impact of expanding online grocery sales channels. For instance, Amcor plc estimates the size of online grocery in the U.S. to reach USD 60 billion by 2023. The attraction of discount rates, additional services, bundled packages, and at-home delivery on online platforms is propelling a significant demand for this packaging. 

The increasing adoption of e-shopping and a rapid growth of the electronic goods sector has influenced demand for packaging products and alternatives. Benefits of online shopping includes hassle-free returns, fast shipping, and free delivery offer consumer benefits that are projected to propel overall market growth. The surge in online penetration and widespread internet access in emerging countries around the globe has resulted market opportunities for market players in e-commerce and packaging industry. This enables them to tap into different consumer segments, focusing on securing a substantial market share. Moreover, the manufacturing industry faces growth obstacles due to growing concerns about plastic components and stringent government regulations on corrugated boxes. However, producers’ widespread creation of organic and environmental products is predicted to offset the linked costs and contribute to compensating for potential drawbacks. The expected rise in environmental concerns among producers and buyers is predicted to propel the need for sustainable packaging products around the globe, impacting the production chain. This move is likely to contribute to growth of global e-commerce packaging in the forecast period. While rise in regulations of government regarding corrugated packaging coupled with growing concerns about environmental security, are predicted to limit market growth. Whereas, innovations in technology for creating environmentally friendly packaging are probable to introduce new market growth opportunities for market players. 

The growing usage of smartphones and internet penetration in the East, technological innovations, and the growth of e-commerce sales globally are projected to lead the market growth. The increased access to smartphones coupled with the internet has made online shopping more accessible and easier, increasing global e-commerce sales. This move in customer behavior reflects the growing preference for the convenience offered by online shopping. Thereby, the increasing demand for packaging solutions arises from the necessity to confirm the safe and preventive transportation of products from suppliers to customers in the e-commerce landscape. E-commerce packaging safeguards goods during transportation, developing the unboxing experience, and introducing a positive impression on clients. It is predicted that the global e-commerce packaging market size will continue to grow as online sales channels and customer expectations constantly rise in the digital era. 

The rising demand for food and beverages on e-commerce platforms is probably increasing the demand for packaging in the industry. Online buying has influenced the grocery demand, and the ease of ordering food and beverage products online has driven the need for personalized packaging solutions. As per the Food and Drug Administration, under the Fair Packaging and Labelling Act, mandates and confirms that food is accurately packed and labeled. Therefore, the surge in demand for food and beverages on e-commerce platforms is predicted to influence market growth. 

However, lack of awareness among consumer coupled with lower internet penetration rate is hindering growth of e-commerce in rural areas. Despite this obstacle, the e-commerce industry is growing because governments actively promoting the adoption of new approaches to explore business opportunities. While, in developing countries, rural areas have been cautious to adopt e-commerce due to restricted internet access, a lack of trust in online websites, and the low disposable income of rural populations are predicted to restrain the global purchase of e-commerce packaging products. The rules of government agencies concerning corrugated packaging coupled with growing awareness connected to environmental protection are a few factors restricting market expansion. 

The market for E-commerce packaging witnesses market growth opportunities due to the growing prevalence of social media platforms. The extensive usage and increasing popularity of social media platforms offer businesses an opportunity to increase the sales of products and actively engage with their targeted viewers. E-commerce packaging offers features of cost-effectiveness, durability, and unboxing experience are leading the requirement for e-commerce packaging solutions. 

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Corrugated boards registered the highest growth by material type in the e-commerce packaging market

The corrugated boards lead the market and dominate the market share in the market. Corrugated boards high market share is attributed to its outstanding combination of versatility, sustainability, and strength. The corrugated board delivers superior protection for products during the transportation of goods, confirming a safe and secure delivery to customers. The flexibility of corrugated boards enables effective personalization, innovative packaging designs, and branding. In addition, corrugated board is primarily introduced from recycled materials and is conveniently recyclable, supporting well with the rising demand for eco-friendly packaging solutions. 

Boxes hold the highest CAGR by product type in the global e-commerce packaging market in the forecast period

Boxes are witnessing the highest CAGR in the global market due to their wide and versatile applications. They are offering a personalized and reliable packaging solution. It is used for packaging fashion items, food and beverages, fashion, furniture, electronics, and a variety of other products in a diverse range of industries. Boxes offer protection during easy stacking, shipping, and handling the product information. Their strength and adaptability make them the preferred selection for businesses looking for preventive and effective packaging choices in the e-commerce industry. 

Electronics segment dominated the largest market share by application in the global e-commerce packaging market 

Electronics are having an essential impact on communications, entertainment, and the security of consumer lifestyles. The rapid rise in internet penetration rate and mobile phones is predicted to influence the market growth in the forecast period because consumers are preferring convenient and easy packaging. In addition, e-commerce distribution channels offer different discounts on electronics, which further propel product sales. A growth in the e-commerce electronics market is fostering the demand for e-commerce plastic packaging. 

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Asia Pacific region is estimated to lead the highest CAGR globally 

Asia Pacific is predicted to witness the fastest growth in the global e-commerce packaging market due to the growth of e-commerce industries across nations such as South Korea, India, China, and Japan. China has a prominent e-commerce market globally and has experienced substantial growth in online retail, propelling the demand for reliable and efficient packaging solutions. Japan is predicted to observe steady e-commerce industry growth due to quality and customer satisfaction that ensure product integrity and a memorable unboxing experience. 

Top Market Players 

Various notable players operating in the market, include, Amcor plc, Mondi, International Paper, Smurfit Kappa, DS Smith, Klabin S.A., Georgia-Pacific., Rengo Co., Ltd, Orora Packaging Australia Pty Ltd, NIPPON PAPER INDUSTRIES CO., LTD., among others.

Key Developments:

• • In 2023, DS Smith announced a spending to extend its plant of Cartogal packaging across Spain.
  • In 2022, Amcor Limited established a center of innovation across China to work on innovative packaging technology and more eco-friendly material science for the APAC region.
  • In 2022, Mondi Group joined hands with easy2cool to carry a new viewpoint to the market of e-commerce by eradicating unnecessary usage of plastic.
  • In 2022, Mondi Group invested USD 315 million in a corrugated packaging facility to address the growing requirement for sustainability.
  • In 2021, Amcor Limited announced the establishment of two new and innovative centers across Belgium and China to offer enhanced packaging solutions to clients of the APAC region and Europe.
  • In February 2021, Smurfit Kappa introduced a new line for eBottel packaging solutions. For the rapidly growing online beverage and liquids market. The BiPack, Pop-up, and Roller bottle pack are the new portfolio’s sustainable solutions for single and multi-pack.
  • In January 2021, Mondi group acquired 90.38% of the outstanding shares in Olmuksan (leading and well-established corrugated packaging player in Turkey) from International Paper for a total of USD 74.6 million. This results in the enterprise’s value on a 100%, which will amount to around USD 99.4 million.

Segments covered in the Report:

The Global E-commerce Packaging Market has been segmented on the basis of Product Type, Material and Application. Based on the Product Type, the market is segmented into Boxes, Mailers, Protective Packaging, Tapes, Labels, Others. Based on the Material, the market is segmented into Corrugated Boards, Paper & Paperboards, Plastics, Others. Based on the Application, the market is segmented into Electronics, Food & Beverages, Fashion, Cosmetics, Furniture, Others.

For detailed scope of the “E-commerce packaging Market” report request a Sample Copy of the report 

Market Segmentation

Global E-Commerce Packaging Market by Product Type

• • Boxes
  • Mailers
  • Tapes
  • Protective Packaging
  • Labels
  • Others

Global E-Commerce Packaging Market by Material

• • Corrugated Boards
  • Paper & Paperboards
  • Plastics
  • Others

Global E-Commerce Packaging Market by by Application

• • Electronics
  • Food & Beverages
  • Fashion
  • Cosmetics
  • Furniture
  • Others

Global E-Commerce Packaging Market by Region

·         North America E-Commerce Packaging Market (Option 1: As a part of the free 25% customization)

o    By Product Type

o    By Material

o    By Application

o    US Market All-Up

o    Canada Market All-Up

·         Europe E-Commerce Packaging Market (Option 2: As a part of the free 25% customization)

o    By Type

o    By Material

o    By Application

o    UK Market All-Up

o    Germany Market All-Up

o    France Market All-Up

o    Spain Market All-Up

o    Rest of Europe Market All-Up

·         Asia-Pacific E-Commerce Packaging Market (Option 3: As a part of the free 25% customization)

o    By Type

o    By Material

o    By Application

o    China Market All-Up

o    India Market All-Up

o    Japan Market All-Up

o    Rest of APAC Market All-Up

·         RoW Biopsy Devices Market (Option 4: As a part of the free 25% customization)

o    By Type

o    By Material

o    By Application

o    Brazil Market All-Up

o    South Africa Market All-Up

o    Saudi Arabia Market All-Up

o    UAE Market All-Up

o    Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the E-commerce packaging (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Amcor plc
  • Mondi 
  • International Paper
  • Smurfit Kappa
  • DS Smith
  • Klabin S.A.
  • Georgia-Pacific.
  • Rengo Co., Ltd
  • Orora Packaging Australia Pty Ltd
  • Nippon Paper Industries Co., Ltd.