Press release
E-commerce Packaging Market Worth USD 21,669.7 Mn By the end of 2023 | CAGR of 5.92% To be Observed For Next 5 years
MarketResearchFuture.com added New Report Named “Retail E-commerce Packaging Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by Material (Corrugated Boxes, Protective packaging, Security envelopes, Tapes & labels, and others), by Application (Electronics & Consumer goods, Apparel & Accessories, Home furnishing, Auto Parts, Food & Beverages, Healthcare & Personal care, and others) and by Region | Outlook to 2023” to its Database.Global retail e-commerce packaging market is expected to reach a market size of USD 21,669.7 million by the end of the forecast period at CAGR of 5.92%.
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The existing and new market players are going for mergers & acquisitions to increase the market share.
Key Players
The global Retail E-commerce Packaging market is currently dominated by few players namely, International Paper Company, Nippon Paper Industries Co. Ltd., Smurfit Kappa Group, Mondi Group, DS Smith Plc., Packaging Corporation of America, Rengo Co. Ltd, Orora Packaging Australia Pty Ltd., Klabin S.A., and Georgia-Pacific LLC.
Competitive Landscape
Extensive research in this market has brought to light that mergers & acquisitions is the key strategy adopted by the major players in the global retail e-commerce packaging market. This strategy is widely adopted to increase the market share and their client base. For example, the Mondi group acquired companies such as Kalenobel to strengthen their market in Russia by improving the customer offerings. These acquisitions will support the ongoing development of corrugated packaging business in Central & Eastern Europe which will lead to the expansion of their business, globally, so as to serve customer in a much better way.
On the basis of key strategies adopted by the companies in the global retail e-commerce packaging market, the Rengo had the maximum number of mergers and acquisitions during the period 2014 to 2017. Packaging Corporation of America also accounted for a large share in the mergers and acquisitions in the period.
During the same period, DS Smith Plc. (U.K.) had completed the acquisition of Deku-Pack (Denmark). Deku-Pack is a specialist in Point of Sale and display products and services for in-store marketing. The acquisition would enhance DS Smith’s customer offering both geographically and to expand its market segment.
International Paper Company majorly focuses on merger and acquisition. Through acquisition the company wants to grow its business globally, maintain local presence and also to allocate capital in such a way that it will lead to deliver return above cost of capital.
Nippon Paper Industries had integrated the capabilities from base paper to the liquid packaging carton business. This led to added value for customers. Acquisition also helped to create synergy with existing business. Similar is the case with Smurfit Kappa Grou. The company, in 2015 invested USD 401.18 million in acquisitions for acquiring Grupo CYBSA and Inspirepac. During the period 2014-2017, mergers & acquisitions constituted 44.44% of the total activities of the company.
Mondi Group focuses mainly on acquiring other companies so that they can strengthen their market in Russia by improving the customer offerings. Acquisition will support the ongoing development of corrugated packaging business in Central & Eastern Europe. These will lead to the expansion of their business, globally, so as to serve better customer. Moreover, company focuses on growth in the packaging market, while investing appropriately to ensure their competitiveness.
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Segmentation: Global Retail E-commerce Packaging Market:
Global Retail e-commerce Packaging Market, By Material
• Corrugated Boxes
• Protective packaging
• Security envelopes
• Tapes & labels
• Others (Other includes insulated shipping containers, paperboard tubes, shrink film)
Global Retail e-commerce Packaging Market, By Application
• Electronics & Consumer goods
• Apparel & Accessories
• Home furnishing
• Auto Parts
• Food & Beverages
• Healthcare & Personal care
• Others (Other includes books, toys & baby products, and industrial products )
Global Retail e-commerce Packaging Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the world
Market Research Analysis
Based on material, protective packaging segment dominate the global retail e-commerce packaging market with share of 34.8% in 2015. It is expected to grow at 6.52% CAGR during the forecast period.
Based on application, electronics & consumer accounted for the largest market share of 20.6% in 2015. It is expected to grow at a CAGR of 6.15% during the forecast period.
Based on region, Asia-Pacific accounted for the largest share of 33.4% in 2015. Factors such as growing demand for packaged food and surge in electronic sector is driving the market in the region. While, Europe accounted for the second largest share and is projected to grow at a CAGR of 5.59%.
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Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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