Retail E-Commerce Packaging Market Development and Demand Forecast to 2030

1. Retail E-Commerce Packaging Market To Grow At 12.1% CAGR during 2020–2030 1 ©P&SIntelligence.Allrightsreserved

2. The United Nations Population Fund (UNFPA) forecasts that the global population will grow from 7.7 billion in 2019 to 9.7 billion by 2050, and the life expectancy at birth will surge from 72.6 years in 2019 to 77.1 years by 2050. The burgeoning population is expected to purchase an enormous quantity of consumable and non-consumable products, which are available on online platforms and retail stores. With the rising shift toward digital platforms, owing to the growing internet penetration, people will rapidly shift toward retail e- commerce platforms. Moreover, the increasing affordability of smartphones, on account of the rapid technological advancements in the consumer electronics industry, will help the retail e-commerce packaging market exhibit an exceptional CAGR of 12.1% during 2020–2030. According to P&S Intelligence, the market was valued at $23,987.7 million in 2020, and it will generate $74,873.0 million revenue by 2030. At present, the mounting investments being made by e-commerce firms for the innovation of packaging products are becoming a major market trend. In comparison to air cushions, envelopes, tapes, and bubble wraps, e-commerce companies have used boxes in larger quantities due to the extensive demand for products that require durable and high-strength packaging. Moreover, the mounting focus of e-commerce firms on sustainable products, to adhere to the government regulations on environment protection, will also increase the consumption of boxes, globally. Currently, packaging companies are using leftover materials to manufacture new products to mitigate pollution and increase their profits by reducing, recycling, and reusing different materials. Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/retail-e- commerce-packaging-market-analysis/report-sample The end user segment of the retail e-commerce packaging market is classified into cosmetics and personal care, consumer electronics, furniture and home furnishing, food and beverages, fashion and apparel, and others, such as automobile, home and garden, healthcare, office supplies, and toy. Among these, the consumer electronics category accounted for the largest market share in 2020 because e-commerce platforms provide numerous offers and discounts on consumer electronic products. Additionally, the availability of customer support also fuels the demand for electronics as some traditional brick and mortar stores do not offer this service. In recent years, companies providing packaging materials for the retail e- commerce sector have engaged in mergers and acquisitions to expand their presence and cater to the needs of end users. For instance, in June 2021, Smurfit Kappa Group plc acquired Cartones del Pacifico SAC, a Peru-based company offering paper packaging solutions, to expand its presence in the Americas region. Other packaging material companies focusing on mergers and acquisitions include Rengo Co. Ltd., Sealed Air Corporation, Packaging Corporation of America, and International Paper Company.

3. Geographically, the Asia-Pacific (APAC) retail e-commerce packaging market generated the highest revenue in 2020, owing to the booming population, growing e-commerce sector, and surging focus of people on the latest technologies. In 2020, China held the largest share in the APAC market due to the soaring popularity of online shopping, owing to the availability of lucrative discounts and increased convenience and security offered by such platforms. Whereas, the Indian market is expected to demonstrate the fastest growth in the region, on account of the flourishing e-commerce industry in the country. Thus, the booming world population and the mounting investments being made in the development of innovative packaging solutions will accelerate the usage of packaging materials in the retail e-commerce sector. Browse full report at: https://www.psmarketresearch.com/market- analysis/retail-e-commerce-packaging-market-analysis Retail E-Commerce Packaging Market Size Breakdown by Segments By Material Type Boxes Envelopes Others (Bubble Wraps, Air Cushions, and Tapes) By End User Consumer Electronics Fashion and Apparel Cosmetics and Personal Care Food and beverages Furniture and Home Furnishing Others (Toy, Office Supplies, Home and Garden, Automobile, and Healthcare) By Region North America Retail E-Commerce Packaging Market • • • • • • • • • • oBy material type oBy end user oBy country – U.S. and Canada U.S. retail e-commerce packaging market By material type By end user Europe Retail E-Commerce Packaging Market ▪ ▪ ▪ • oBy material type oBy end user oBy country – Germany, France, U.K., Italy, Spain, and Rest of Europe U.K. retail e-commerce packaging market By material type By end user Asia-Pacific (APAC) Retail E-Commerce Packaging Market ▪ ▪ ▪ • oBy material type oBy end user

4. oBy country – Japan, China, India, South Korea, and Rest of APAC China retail e-commerce packaging market ▪ o ▪ By material type By end user India retail e-commerce packaging market By material type By end user Latin America (LATAM) Retail E-Commerce Packaging Market ▪ ▪ ▪ ▪ ▪ • oBy material type oBy end user oBy country – Brazil, Mexico, and Rest of LATAM Mexico retail e-commerce packaging market By material type By end user Middle East and Africa (MEA) Retail E-Commerce Packaging Market ▪ ▪ ▪ • oBy material type oBy end user oBy country – Gulf Cooperation Council (GCC), South Africa, and Rest of MEA 3 © P&S Intelligence. All rights reserved

5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved