E-Commerce Packaging Market is set to Witness Huge Demand at a CAGR of 11.60% during the Forecast Period 2029

Data Bridge Market Research analyses that the E-Commerce Packaging Market was valued at USD 47.61 billion in 2021 and is expected to reach USD 114.55 billion by 2029, registering a CAGR of 11.60% during the forecast period of 2022 to 2029.

Industry Analysis

E-commerce packaging is attaining major attraction since recent past years. E-commerce players such as JD.com and Suning.com are accepting reusable plastic boxes, which is lucrative and generates low waste. JD.com also declared that it aims to increase the proportion of sustainable materials to 80% of its entire packaging material used by 2020, due to production of high waste from packaging.

The e-commerce packaging is a technique which is used to transfer, store, and defend the components of the packet till it reaches the customer from the package's supplier. The products vary according to size, shape, qualities, and rigidity depending on the requirement of item's contents the increasing popularity of cross-border shopping has led to increase in demand for high-quality and effective packaging. Increasing popularity of cross-border purchasing has managed to a significant raise in the market for high and lucrative packaging.

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