Exclusive Report on Global E-commerce Packaging Industry: intense increase in online shopping to boost the market.

The global E-commerce Packaging market size was valued at $26.8 Billion in 2020 and is expected to reach $80.7 Billion by 2028 growing at the CAGR of 14.6% from 2021 to 2028. This growth is attributed to Increasing individuals’ preference for online shopping, rising demand for packaged food, and the rapidly increasing consumer electronics sector.

● Increasing individuals’ preference for online shopping
Online shopping provides a range of advantages over conventional retail stores, including faster delivery, free shipping, and return policies that have led to a preference for online shopping. This has been fuelled by the rise in the number of consumers using the web to make purchases.
● Rising demand for packaged food
Nowadays, much of the packaged food produced for the public is packaged in a form requiring a large amount of material to function as a safe storage and disposal unit. Both lightweight and heavy-weight options are available for a variety of uses.

Increasing government regulations and rising concerns towards environmental safety are major factors expected to restrain the growth of the global e-commerce packaging industry in the forecast period.

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The recently published research report on Global E-commerce Packaging Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the E-commerce Packaging market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the E-commerce Packaging market report also includes the following data points:
● COVID19 Impact on E-commerce Packaging market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in the E-commerce Packaging market

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Key Players
Some of the major E-commerce Packaging players holding high market share include International Paper, Smurfit Kappa, and NIPPON PAPER INDUSTRIES CO. These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● International Paper
● Smurfit Kappa
● NIPPON PAPER INDUSTRIES CO.
● Crawford Packaging
● Georgia-Pacific
● DS Smith
● Amcor
● Mondi
● Packaging Corporation of America
● Sealed Air

Segmental Analysis

Market Segment By Material Type with focus on market share, consumption trend, and growth rate of E-commerce Packaging Market:
o Corrugated Boxes
o Protective packaging
o Security envelopes
o Tapes & labels
o Others

Market Segment By Application with the focus on market share, consumption trend, and growth rate of E-commerce Packaging Market:
o Electronics & Consumer goods
o Apparel & Accessories
o Home furnishing
o Auto Parts
o Food & Beverages
o Others

For more information: https://evolvebi.com/product/e-commerce-packaging-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The Asia Pacific dominates the global e-commerce packaging market over the forecast period, owing to rising consumer preference toward corrugated boxes in developing countries such as India, China, and Japan. However, the market in North America is expected to register significant growth over the forecast period.

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