Press release
Asia-Pacific Packaging Industry Market Growth, Size, Report & Forecast to 2020-2026
Asia-Pacific packaging industry is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). The rising presence of major e-commerce players, such as Amazon and Flipkart are strengthening the demand for e-commerce packaging solutions in the region. For instance, as per the International Brand Equity Foundation (IBEF), the Indian e-commerce market is expected to grow to $200 billion by 2026 from US$ 38.5 billion in 2017. Flipkart, Amazon India and Paytm Mall have led the online retail sales in India. The electronics segment is currently the major contributor to online retail sales in India accounted for 48% share in 2018, followed closely by apparel at 29%.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/asia-pacific-packaging-industry-market
E-commerce packaging is an essential part of the brand identity which makes a favorable impression and strengthens the brand identity. With the trend towards online shopping, packaging continues to play an essential role in both the brand and consumers’ e-commerce experience. Brands have to examine the packaging of products to meet the demand for online shoppers. The increasing trend towards sustainable and cost-effective packaging solutions in the e-commerce industry has been witnessed over the years. As a result, most of the e-commerce companies use cardboard boxes as it is strong, cost-effective, eco-friendly and lightweight to ship. R&D investment by vendors for eco-friendly packaging solutions and the increasing presence of several regional, local and multinational e-commerce vendors across the region is further anticipated to drive the growth of the packaging industry market in the region.
A Full Report of Asia-Pacific Packaging Industry Market is Available at:https://www.omrglobal.com/industry-reports/asia-pacific-packaging-industry-market
Market Coverage
The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Material Type, By End-User Industry Vertical
Regions Covered- Asia-Pacific
Competitive Landscape
Key questions addressed by the report
What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Asia-Pacific Packaging Industry Market report Segment
By Material Type
Plastic
Metal
Paper
Glass
By End-User Vertical
Food
Beverage
Healthcare
Cosmetics & Personal Care
Industrial
Others (Household Items)
Asia-Pacific Packaging Industry Market report Segment
China
India
Japan
Rest of Asia-Pacific
Company Profiles
Amcor, Ltd.
Balmer Lawrie & Co. Ltd..
Berry Global Group
Cosmo Films, Ltd.
Dongguan Henghui Packaging Products Co., Ltd.
Essel Propack, Ltd.
Ester Industries, Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-packaging-industry-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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