Retail E-Commerce Packaging Market 2018 by Global Leaders: Nippon Paper Industries Co. Ltd, Mondi Group, Orora Packaging Australia Pvt Ltd, Klabin S.A

Market Synopsis:
The modern-day consumers prefer to buy products rather than taking that painstaking trip the shop. Owing to this fact, one can very confidently say that the global retail e-commerce packaging market will witness tremendous progress. During the forecast period of 2018-2022, the market is expected to earn above USD 21, 658.3 million. In terms of CAGR, the industry is poised to develop at the rate of 6%.

There are many drivers that can be held responsible for the expansion of the market. The upsurge in the usage of online shopping sites can be termed as the chief growth propeller for the market.

Growing demand for packaged food amongst the masses & swift advancements in the electronics sector can be termed as additional growth drivers.

However, the victory run of this market may be hindered by certain obstacles. These include stringent & strict government regulations for corrugated packaging and the growing consciousness towards the environment & its safety. Although, as the industry develops and generates more revenue these small issues will be overcome.

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Key Players & Strategies
There are many prominent players in this industry, some of them include Nippon Paper Industries Co. Ltd., Mondi Group, Orora Packaging Australia Pvt Ltd. and Klabin S.A. The major strategies used by these players is to invest wisely in new product developments and strategic partnerships.

Retail E-Commerce Packaging Brief:
Recently, online shopping has become a norm. Until some years ago, this concept was close to non-existent. But with growing exposure to the internet and smart devices, people now prefer buying goods using online platforms. This is one of the most important facts that drive the global retail e-commerce packaging market.

E-commerce packaging can be described as the art of wrapping products securely. They are packed with utmost precision and care so as to ensure that the merchandise inside is intact till it reaches the consumer. These products can be sent for distribution, sold or stored. Whatever the case, packaging standards are quite high when the domain is e-commerce.

Many people think that normal packaging & e-commerce packagings are one and the same. But this is a misconception. Although, the procedure might be somewhat similar, the end product is quite different in both of these. The e-commerce variety’s purpose is to prevent product damage in any case. Irrespective of the delivery channels, the merchandise remains unharmed. Furthermore, with this kind of packaging the product can be returned in the same package. Thus, it offers an easy system for returns as the packaging can be reused to wrap the good. On the whole, it can be concluded that e-commerce packaging is way better than the age-old packaging methods.

Market Breakdown:
The worldwide Retail E-Commerce Packaging Market has been divided into three equal parts – applications, geographies & materials.

On the basis of applications, the market can be segmented into auto parts, healthcare & personal care, electronics & consumer goods, home furnishing, food & beverages and apparel & accessories.

Regionally, the market is branched across various areas like North America, Europe, Asia Pacific & Rest of the World.

On account of materials, the market has been split into security envelopes, corrugated boxes, tapes & labels, protective packaging and others. The others portion can be further sub-divided into shrink film, shipping containers & paperboard tubes.

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Innovations:
The global retail e-commerce packaging industry has observed many innovations in the last few years. But there are a few that have been successful in making their mark. One such innovation is the introduction liquids packaging design solutions. This form of packaging was formed to reduce the cases of e-commerce leakages. By far, this innovation has been pretty successful in achieving that!

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This release was published on openPR.