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Retail E-Commerce Packaging Market

Global Retail E-Commerce Packaging Market is expected to foresee significant growth. APAC to lead the growth!

The global retail e-commerce packaging market is expected to register a CAGR of around 13% over the period of 2021-2027. This is mainly due to the expanding and constantly growing e-commerce coupled with the rapid growth in the electronics sector. Retail e-commerce packaging is how retailers pack their products for protected shipment, presenting their brand identity, and managing the shipping cost. Shipping boxes and other methods of shipping have become a vital part of e-commerce. When customers purchase something from e-commerce sites, the packaging delivers several information about the retailers or companies. It tells the customers that the item or the product has been delivered safely. Moreover, attractive and durable packaging offers a great impression on the brand value of the company. Furthermore, there are several factors that drive the growth of the retail e-commerce market such as rapidly increasing population, increasing smartphone and internet penetration, growing e-commerce, and others. Such small details are becoming an extremely important aspect of the global market.

 For a detailed analysis of the Global Retail E-Commerce Packaging Market browse through https://univdatos.com/report/retail-e-commerce-packaging-market/

Based on material type, the market is classified into the corrugated board, paper, plastic, and others. Amongst material types, the corrugated board category accounted for a significant share of the market and is expected to grow with a robust growth rate during the forecast period. This is mainly due to the increasing online shopping because products that are purchased online from a retailer need to be delivered to the address of the customer and packaging helps in keeping the product safe from getting damaged.

Based on application, the market is categorized into electronics, personal care, healthcare, food and beverages, apparel and fashion, and others. Among these, electronics held a prominent share in 2020 and is expected to witness a substantial CAGR during the forecast period. The growth of this segment can be attributed to the rapidly growing electronics and gadgets industry because electronics items and gadgets require more safety for not getting damaged while delivering.

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For a better understanding of the market adoption of the retail e-commerce packaging industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, France, UK, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific is expected to witness a robust CAGR during the forecast period on account of the massive population in countries like China and India and growing internet penetration due to affordable smartphones and internet. The increasing disposable income among the middle-class population in these countries is playing a major role in the growth of the retail e-commerce packaging market

Some of the major players operating in the market include Georgia-Pacific LLC., DS Smith Plc, Smurfit Kappa Group Plc, International Paper Company, Mondi Plc, Westrock Company, Packaging Corporation of America, Klabin S.A., Nippon Paper Industries Co. Ltd., Sealed Air Corporation, Sonoco Products Company

Global Mine Ventilation Market Segmentation

Market Insight, by Material type

  • Corrugated Board
  • Paper
  • Plastic
  • Others         

Market Insight, by Application·      

• Electronics
• Personal Care
• Healthcare
• Food and Beverages
• Apparel and Fashion
• Others

Market Insight, by Region

  • North America
    •  US
    •  Canada
    •  Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

• Georgia-Pacific LLC.
• DS Smith Plc
• Smurfit Kappa Group Plc
• International Paper Company
• Westrock Company
• Packaging Corporation of America
• Mondi Plc
• Nippon Paper Industries Co. Ltd.
• Sealed Air Corporation
• Sonoco Products Company

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