Retail E-Commerce Packaging Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Material Type (Corrugated Board, Paper, Plastic, and Others); Application (Electronics, Personal Care, Healthcare, Food and Beverages, Apparel and Fashion, and Others); and Region/Country
Detailed Analysis of COVID-19 Impact on the Retail E-Commerce Packaging Market
The global retail e-commerce packaging market is expected to register a CAGR of around 13% over the period of 2021-2027. The growth of this market can be attributed to the rising population coupled with continuously increasing online shopping. For instance, in 2010, there were nearly 6.92 Bn people living on this planet the number increased to around 7.72 Bn in ten years hence the demand for most products increased significantly. Moreover, developments in the e-commerce and electronics industry worked as a catalyst in increasing the demand for several products such as electronic goods, healthcare products, personal care products, and other types of products. Moreover, according to UNCTAD, the share of online retail sales in total retail sales grew up from 16% in 2019 to 19% in 2020. The inclination toward online retail due to rapid growth in the electronics industry and rising disposable income are further going to drive the growth of the retail e-commerce packaging market.
Georgia-Pacific LLC., DS Smith Plc, Smurfit Kappa Group Plc, International Paper Company, Mondi Plc, Westrock Company, Packaging Corporation of America, Nippon Paper Industries Co. Ltd., Sealed Air Corporation, and Sonoco Products Company are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst material type, corrugated board category held a prominent share in the market in 2020”
Based on material type, the market is classified into the corrugated board, paper, plastic, and others. Amongst these, the corrugated board segment accounted for a significant share of the market and is expected to grow with a strong growth rate during the forecast period. Corrugated boards are among the safest option for delivering a product without significantly increasing the cost of packaging. Thereby, online retailers preferred corrugated board-based packaging to minimize the package return rate due to damaged products and simultaneously maintain a good profit margin.
“Amongst applications, electronics is expected to witness a prominent CAGR during the forecast period”
Based on application, the market is categorized into electronics, personal care, healthcare, food and beverages, apparel and fashion, and others. The electronics segment is expected to witness substantial growth during the forecast period. The electronics segment is growing rapidly mainly due to the demand for useful and new technologies, short replacement cycles, and the dropping prices of several electronic devices. Furthermore, increasing disposable income is playing a major role in the growth of the electronics segment.
“Asia-Pacific to witness significant growth during the forecast period”
Asia-Pacific is expected to show strong growth in the retail e-commerce packaging market. The increase in internet penetration rate in emerging economies, as well as the rising disposable income, has contributed to the growth of the e-commerce market in the region. Further, Asia-Pacific is the home to more than 60 percent of the total population and economically, it is the fastest-growing region among all the regions. China and India are the home to around 2.8 Bn people and they are the two having the fastest growth rate. This results in increased household income and the growth of the e-commerce market depend heavily on the income of people. This means the e-commerce market is growing rapidly in the APAC region. Hence providing a massive market for the retail e-commerce packaging market players.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
The global retail e-commerce packaging market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
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|1.1. Market Definitions|
|1.4. Currency used in Report|
|2.1. Research Process of the Retail E-Commerce Packaging Market|
|2.2. Research Methodology of the Retail E-Commerce Packaging Market|
|2.3. Forecasting Method|
|2.4. Respondent Profile|
|2.5. Main Objective of the Retail E-Commerce Packaging Market Study|
|5. RETAIL E-COMMERCE PACKAGING MARKET COVID-19 IMPACT|
|6. RETAIL E-COMMERCE PACKAGING MARKET REVENUE (USD BN), 2019-2027F|
|7.1. Corrugated Board|
|7.2. Paper Packaging|
|7.3. Plastic Envelopes|
|8.2. Personal Care|
|8.4. Food and Beverages|
|8.5. Apparel and Fashion|
|9.1.3.||Rest of North America|
|9.2.6.||Rest of Europe|
|9.3.5.||Rest of Asia-Pacific|
|9.4.||Rest of World|
|10.1. Market Drivers|
|10.2. Market Challenges|
|10.3. Impact Analysis|
|11. RETAIL E-COMMERCE PACKAGING MARKET OPPORTUNITIES|
|12. RETAIL E-COMMERCE PACKAGING MARKET TRENDS|
|13. LEGAL & REGULATORY FRAMEWORK|
|14.1.||Demand Side Analysis|
|14.2.||Supply Side Analysis|
|15||VALUE CHAIN ANALYSIS|
|16.1.1.||Porter’s Five Forces Analysis|
|16.1.1.||Bargaining Power of Buyer|
|16.1.2.||Bargaining Power of Supplier|
|16.1.3.||Intensity of Rivalry|
|16.1.4.||Threats of New Entrant|
|16.1.5.||Threat of Substitute|
|17.2.||DS Smith Plc|
|17.3.||Smurfit Kappa Group Plc|
|17.4.||International Paper Company|
|17.6.||Packaging Corporation of America|
|17.8.||Nippon Paper Industries Co. Ltd.|
|17.9.||Sealed Air Corporation|
|17.10.||Sonoco Products Company|
Analyzing the historical market, estimation of the current market, and forecasting the future market of the global retail e-commerce packaging market were the three major steps undertaken to create and analyze the adoption of mine ventilation in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global retail e-commerce packaging market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the retail e-commerce packaging market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the retail e-commerce packaging market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as material type and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the retail e-commerce packaging market. Further, we conducted factor analysis using dependent and independent variables such as growth in the e-commerce industry and increasing internet accessibility. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the retail e-commerce packaging market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global retail e-commerce packaging market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of retail e-commerce packaging market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global retail e-commerce packaging market in terms of solutions offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global retail e-commerce packaging market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of offering and technique in the global retail e-commerce packaging market.
The main objective of the Global Retail E-Commerce Packaging Market Study
The current & future market trends of the global retail e-commerce packaging market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the retail e-commerce packaging market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of material type and application.
- Define and analysis of the regulatory framework for the retail e-commerce packaging market industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the retail e-commerce packaging market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and Rest of the World.
- Company profiles of the retail e-commerce packaging market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry