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(Transportation-News.com, April 14, 2018 ) The Global Retail E-commerce Packaging Market is expected to grow around 5.92% CAGR during the period 2016 to 2022.
Market Highlights
The global retail e-commerce market has been witnessing a strong growth over the last few years due to increased internet penetration which resulted in the growth of online shopping. In which, the consumer electronics is the widely used segment of the electronics industry. It includes products intended for everyday use most often in entertainment and communications. Furthermore, apparel & accessories has become the major focus of all ecommerce players and is expected to grow by leaps and bounds.
The global retail e-commerce packaging market is poised to grow at 5.92% CAGR and is estimated to reach USD 21,669.7 million by the end of forecast period.
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Market Research Analysis
Based on material, protective packaging segment dominate the global retail e-commerce packaging market with share of 34.8% in 2015. It is expected to grow at 6.52% CAGR during the forecast period.
Based on application, electronics & consumer accounted for the largest market share of 20.6% in 2015. It is expected to grow at a CAGR of 6.15% during the forecast period.
Based on region, Asia-Pacific accounted for the largest share of 33.4% in 2015. Factors such as growing demand for packaged food and surge in electronic sector is driving the market in the region. While, Europe accounted for the second largest share and is projected to grow at a CAGR of 5.59%.
Key Players
The key players of the global retail e-commerce packaging market are International Paper Company (U.S.), Mondi Group (South Africa), DS Smith Plc. (U.K.), Packaging Corporation of America. (U.S.), Rengo Co. Ltd. (Japan), Klabin S.A. (Brazil), Nippon Paper Industries Co. Ltd (Japan), Georgia-Pacific LLC (U.S.), Orora Packaging Australia Pty Ltd. (Australia), and Smurfit Kappa Group (Ireland).
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Scope of the Report
This study provides an overview of the global retail e-commerce packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and Rest of World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global retail e-commerce packaging market by its material, application and regions.
By Material
• Protective Packaging
• Corrugated Boxes
• Security Envelopes
• Tapes & Labels
• Others
By Application
• Electronics & Consumer goods
• Apparel & Accessories
• Home furnishing
• Auto Parts
• Food & Beverages
• Healthcare & Personal Care
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Rest of World
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