Retail E-commerce Packaging Market 2019 to Strengthen Its Position in Global Industry at CAGR of 5.92% | Regional Forecast to 2023
Retail E-Commerce Packaging Market To Raise Market Valuation To USD 21,669.7 Million Roughly By 2023The key players of global retail e-commerce packaging market are 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.
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Retail E-commerce Packaging Market – Overview
The steep rise in demand for e-commerce websites has intensified the growth pace of the e-commerce packaging market. Market reports linked to the packaging and transportation industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is predicted to achieve market revenues valued at USD 21,669.7 million while expanding at a CAGR of 5.92% in the forecast period.
The boom in e-commerce retail is observed to be the major factor pushing the growth of the market. The market is expected to positively respond to increasing demand for packaged food, growth in online shopping, and rapid expansion in the electronics sector. The growth in the food and beverage sector due to factors such as population growth and increased purchasing power will keep aiding the growth of the retail e-commerce packaging market in the forecast period.
Industry Updates:
Oct 2018 Dunapack Rambox, the Romanian subsidiary of Dunapack Packaging, has commenced construction works on its new corrugated packaging plant in Bolintin-Deal, situated near Bucharest. The new facility will be installed with advanced equipment and the product mix at the facility includes corrugated boxes, industrial packaging for bulk sizes, retail and e-commerce packaging, as well as various multi-color packaging solutions.
Segmental Analysis
The segmentation of the retail e-commerce packaging market is carried out on the basis of material, application, and regions. On the basis of material, the retail e-commerce market is segmented into security envelopes, material, protective packaging, tapes& labels, corrugated boxes, others such as paperboard tubes, insulated shipping containers and shrink film. On the basis of application, the market is segmented into apparel & accessories, auto parts, electronics & consumer goods, home furnishing, food & beverages, healthcare & personal care and others such as toys & baby products, books, and industrial products. On the basis of region, the retail e-commerce market is segmented into Europe, North America, Asia Pacific and Rest of the world.
Detailed Regional Analysis
The regions included in the regional analysis of the retail e-commerce market are Europe, North America, Asia Pacific and Rest of the world. The Asia Pacific region has established itself as the world’s major e-commerce hub. The Asia Pacific region has observed speedy growth in retail e-commerce owing to increasing middle class in China, Indonesia and India also because of the boost in the popularity of mobile gadgets. China only is credited with 40% of the world’s retail e-commerce sales in recent years. In China, the electronics and appliance retailers lead the market. The domestic makers are responsible for the boost in the share of consumer electronics owing to the rising brand reputation and enhanced technology. The E-commerce sector in India has altered the working approach of the retail business in the country. The increase of e-commerce industry in India is primarily owing to the increase in internet usage and smartphone infiltration in metro cities as well as other tier two & tier three cities.
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Competitive Analysis
The changes seen in terms of strategy execution and creation are varying the expansion pace of the market. The shortfalls in the market are filled due to the implementation of suitable supply chain strategies. The progress patterns are revised in tandem to the customer preferences to realize maximum growth, and in the long run, profitability. The background for growth plans has equipped the market for potential new entrants. The improvement in the products and services is the chief factor escalating the market's productivity and controlling the trends that are acquiring distinction in the market. The progress in the products and services is the foremost factor in growing the market's productivity and controlling the trends that are acquiring standing in the market. The critical success factors and players’ tendencies are gradually escalating by the strategies being used by market contenders.
Table of Contents
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in Online Shopping Market
4.1.2 Growing Demand of Packaged Food
4.1.3 Rapid Growth in Electronic Sector
4.2 Restraints
4.2.1 Government Regulation for Corrugated Packaging
4.2.2 Increase in Environment Safety
4.3 Opportunity
4.3.1 Growing Demand for Protective Packaging
4.3.2 Increase in Dsposable Income of Developing Countries
5 Market Factor Aalysis
5.1 Porter's 5 Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Value Chain Analysis
Continued..........
List of Tables
Table 1 Market Synopsis 14
Table 2 Gdp Per Capita in Developing Nations (Usd)
Table 3 Global Retail E-commerce Packaging Market, by Material, 2014-2022 (Usd Million)
Table 4 Global Retail E-commerce Packaging Market, by Application, 2014-2022 (Usd Million)
Table 5 Global Retail E-commerce Packaging Market, by Region, 2014-2022 (Usd Million)
Table 6 North America: Retail E-commerce Packaging Market, by Country, 2014-2022 (Usd Million)
Table 7 North America: Retail E-commerce Market Size, by Material, 2014-2022 (Usd Million)
Table 8 North America: Retail E-commerce Market Size, by Application, 2014-2022 (Usd Million)
Table 9 U.s.: Retail E-commerce Market, by Material, 2014-2022 (Usd Million)
Table 10 U.s.: Retail E-commerce Market, by Application, 2014-2022 (Usd Million)
Continued..........
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