Global E-Commerce Packaging Market 2024-2030

    In Stock

    E-COMMERCE PACKAGING MARKET

     

    INTRODUCTION

    Ecommerce packaging often refers to packaging that is used to ship products directly to customers. With the e-commerce industry growing due to Covid-19 pandemic induced lockdowns, which has enforced online buying and shopping and increased trend.

     

    This has led to a progression from retail stores transitioning to online stores to save on costs, shipping boxes are now becoming a vital part of the unboxing experience for most consumers. Packaging has become just as important as the product in delivering a first impression.

     

    E-commerce currently makes up almost 9.5% of all retail purchases worldwide. This figure is estimated to double by 2025. With an increasing growth, it is imperative that sellers are able to leave a lasting impression in the minds of their customers. This is where packaging comes into play.

     

    infographic: retail e-commerce packaging market, E-Commerce Packaging Market, E-Commerce Packaging Market size, E-Commerce Packaging Market trends, E-Commerce Packaging Market forecast, E-Commerce Packaging Market risks, E-Commerce Packaging Market report, E-Commerce Packaging Market share

     

    Packaging and infill can impact your bottom line in another way: returns. A well-packed order will arrive in perfect condition. E-Commerce packaging that cannot survive the delivery process will lead to damaged goods and disappointed customers.

     

    A package design can enhance your customer’s experience and improve your profitability. It is essential to understand your options so you can make the best choice for your business.

     

    Many consumers have become more environmentally conscious and make some purchase decisions based on a company being eco-friendly. Choosing such options for your packaging has the potential to impact that first sale. They may also play a role in any follow-up purchases, either people enjoying your eco-friendly packaging.

     

    Damage prevention is one of the key roles of packaging. Ninety percent of global consumers believe packaging plays an important role in ensuring product safety. Fifty-eight percent of Americans say that their relationship with an e-retailer would be impacted if they received a damaged product.15 A Stella Services study indicates that 7-10% of e-commerce packages arrive to consumers with some damage.

     

    E-COMMERCE PACKAGING MARKET DYNAMICS

     

    SI No Timeline Developments
    1 Q4-2021 Eco friendly packaging are the modern packaging systems implemented by industries to reduce carbon footprint in the environment and are produced using highly recyclable materials.
    2 Q4-2021 Automated e-commerce packaging is the one of the efficient processing of product packaging without human interference and saves time with better results.
    3 Q4-2021 The e-commerce market witnessed a huge growth in 12 months compared to the last 10 years. The sales of gadgets and accessories increased and it raised the demand for packaging services.
    4 Q4-2021 Amazon introduced new packaging innovation of insulative paper packs to support sustainable packaging in e-commerce deliveries.
    5 Q4-2021 Product packaging plays a crucial role in sales, and packaging and is the first physical impression of the product which induces the customer satisfaction with ease of handling, protection and convenience in usage.
    6 Q1-2021 Japan based packaging solutions company Fuji Seal International, Inc to set up a new manufacturing operation facility at North Carolina with an investment of $52 million.

     

    Packaging over the last decade within e-commerce has increased in most global markets and e-commerce growth rates show no signs of slowing down.

     

    Entertainment products such as music, books and video games are by far the most popular online purchases while online buying of groceries, for example, lags behind because most consumers still prefer the in-store shopping experience over the online one.

     

    During the online checkout process, there are primarily two types of packaging offered: predefined standard packaging and, in some cases, a gift-wrapping alternative.

     

    However, some retailers are opting to take the branding experience a step further through the use of packaging options for online purchases.

     

    Predefined packaging solution, consisting of a premium box sealed with a ribbon in which the product is wrapped in tissue paper; the premium box is then placed in a plain brown corrugated cardboard box for transportation. The premium box is designed to suit the demands of the target group.

     

    However, some customers may find this packaging extravagant and, therefore, a plain brown box without any unnecessary inner packaging is offered as an alternative.

     

    infographic: retail e-commerce packaging market, E-Commerce Packaging Market, E-Commerce Packaging Market size, E-Commerce Packaging Market trends, E-Commerce Packaging Market forecast, E-Commerce Packaging Market risks, E-Commerce Packaging Market report, E-Commerce Packaging Market share

     

    Adoption of new packaging optimization tools, materials, and handling technologies will significantly boost efficiency and productivity. In addition, the broader adoption of IoT technologies at the parcel level will make packaging smarter and more connected.

     

    That in turn, will drive changes in the operation of supply chains and logistics processes. It will also deliver benefits in terms of better capacity utilization, sustainability, and customer experience.

     

    Asia-Pacific countries are the largest consumers of packaging, accounting for 44% of the world total. That position reflects both the region’s large population, with its significant domestic markets, and its role as a manufacturing centre supplying the rest of the world. North America and Western Europe take second and third places, accounting for 23% and 19% respectively.

     

    E-commerce retailers have encouraged the development of packaging designs that prioritize access with minimal effort.

     

    Amazon’s packaging certification guidelines are made in such a manner so as to promote the concept of ‘frustration-free packaging’, which requires packages to be easily accessible, recyclable, and designed to minimize waste.

     

    The company says that, since it began the program in 2008, its packaging guidelines have removed 180,000 tons of packaging, including 307 million boxes, from the supply chain.

     

     

    E-COMMERCE PACKAGING MARKET SEGMENTATION

    The Market of E Commerce Packaging can be segmented into following categories for further analysis.

     

    E-Commerce Packaging Market By Packaging Product

    • Plastic Production Based
    • Paper Production Based
    • Corrugated Board Based
    • Reinforced material based
    • Composite material Based
    • Other Materials

     

    E-Commerce Packaging Market By In Product Usage Type

    • Foods and Beverages
    • High Value Objects / items
    • FMCG Products
    • Electronic Products
    • Fashion Products
    • Low Value Software Products
    • Hardware Products
    • Electrical and Hazardous Products
    • Mechanical Products

     

    E-Commerce Packaging Market By E Commerce Categorisation Type

    • Large Scale Packaging Provisioners
    • Small Scale Packaging Provisioners
    • Omni Business Packaging Provisioners
    • Medium Scale Packaging Provisioners

     

    E-Commerce Packaging Market By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    infographic: retail e-commerce packaging market, E-Commerce Packaging Market, E-Commerce Packaging Market size, E-Commerce Packaging Market trends, E-Commerce Packaging Market forecast, E-Commerce Packaging Market risks, E-Commerce Packaging Market report, E-Commerce Packaging Market share

     

    RECENT TECHNOLOGICAL TRENDS IN E-COMMERCE PACKAGING MARKET

     

    SI No Timeline Company Developments
    1 Q1-2022 Georgia-Pacific Georgia-Pacific Packaging expanded packaging operations in the Pacific Northwest by acquiring new property in Centralia to strengthen its business with e-commerce customers.
    2 Q4-2021 Fort Dearborn Hammer Packaging is acquired by consumer goods packaging solutions provider Fort Dearborn to increase its market position in the packaging and labeling marketplace.
    3 Q3-2021 DS Smith Mitsubishi will implement automated guided vehicles for the packaging company DS Smith to maximize sustainability and efficiency.
    4 Q1-2021 Multi Color Corporation Multi Color Corporation will provide product packaging and labels with Digimarc barcodes for food traceability and safety by partnering with Digimarc Corporation.

     

    Packaging has been usually maintained outside of the ‘circular economy’ because plastic has a very linear pattern of use; it gets produced, used (often only once) and then disposed of.

     

    This is what makes its environmental impact so devastating. This is not only a matter of taste and trends; a sustainable approach to packaging is becoming increasingly regulated. Stakeholders, such as consumers, institutions, municipalities, and NGO’s, are pushing to develop a circular economy, examining sustainability throughout the packaging lifecycle, which has a significant impact on E-commerce.

     

    The solution of sealed air based stealth wrap has been the newest technology wherein the solution involves avoidance common use of a box within a box.

     

    They utilize a thin film to conceal and protect the product which can be labelled with the proper shipment information and allows a large reduction of space and a significant reduction of material waste. The process of wrapping is almost 20 times faster so there is a cost reduction in productivity and labour.

     

    infographic: retail e-commerce packaging market, E-Commerce Packaging Market, E-Commerce Packaging Market size, E-Commerce Packaging Market trends, E-Commerce Packaging Market forecast, E-Commerce Packaging Market risks, E-Commerce Packaging Market report, E-Commerce Packaging Market share

     

    Traditional packaging  materials  mainly  include  paper,  plastic,  glass,  iron products,  etc.,  while green packaging  materials  mainly  refer  to  good  performance  or  function,  low  pollution  to  ecological environment, easy degradation, easy  recycling, high recycling efficiency or  energy.

     

    Materials that are effectively recycled and do  not cause harm to  the human body. Whether the  packaging is “green” or not,  the  key  point is  whether  the  packaging material  is  recyclable  and degradable.

     

    In recent years,  many  companies have made breakthroughs  in  packaging materials and  developed degradable  plastic,  aluminium  and  other  materials  packaging.  One  tears  to  launch a green  bag  Nbag that  is  green and  cost-effective. 

     

    The biggest difference  with  traditional plastic  bags  is that  the  new products use biological materials, and 30% plant starch replaces some PE plastics, with a light corn flavour  and  lubricious  touch:  in  terms  of  quality,  its  heat  seal  strength,  right  angle  tear,  puncture strength,

     

    The  tensile  strength  and other  properties are significantly  better  than  the  national standard and toxic black bags; in terms of breakage rate, it is significantly lower than the ordinary courier bag at 6% to 11%. There  has  always been  an  over-packaging problem  in  e-commerce logistics. 

     

    In  order to  prevent violent sorting in  the  process  of  logistics  distribution,  e-commerce  parcels  are  often wrapped  with  a large amount of  tape,  which  wastes  materials  and is  difficult to  unpack, which  brings  difficulties in recycling  cartons.

     

    Due  to  the  lack  of  standard  specifications,  e-commerce  parcels  are  often  used. Packing boxes contain small items, often need to add fillers; many small appliances in the distribution often  add  a  layer  of  e-commerce  distribution packaging on the product packaging, bringing a  lot  of waste;  due  to plastic  bags,  cartons, foam  fillings,  etc.

     

    Reduced packaging is promising,  product  packaging and e-commerce packaging combined, using smart  logistics  technology,  not  only  can  achieve  reduced  packaging,  but  also  can  achieve  product fidelity through packaging; promote electronic waybill,  not only reduce  paper waste, but also protect customer privacy.

     

    Mondi has recently partnered with Beck Packautomaten, a German machine manufacturer, to develop a functional paper solution that could revolutionise the e-commerce industry. For a wide range of products, the FunctionalBarrier Paper solution can be used to replace plastic packaging and produce custom-sized packaging.

     

    In recent years, the e-commerce market has risen dramatically. As a result, a greater range of items are distributed, necessitating packaging of various sizes, shapes, and strengths.

     

    Customers desire recyclable e-commerce packaging. Online retailers are actively researching packaging options that are practical, offer excellent protection of items sent, and are sustainable.

     

    It’s made of paper and has improved barrier characteristics to keep water vapour and moisture out of the product. This is required for many things, especially electronic goods, to be sent.

     

    The paper has a higher tensile strength, allowing it to transport larger goods without breaking. It is ethically sourced, made of renewable resources, and recyclable in Europe’s existing recycling systems. Mondi’s paper’s stable sealing on all four sides ensures that the packaging meets logistics requirements and protects goods in transit.

     

    On a regular basis, many kinds of items are carried around the world. The demand for bespoke packaging that saves waste, protects a wide range of products, and meets environmental goals is huge.

     

    Functional Barrier Paper allows online businesses to continue decreasing the usage of unneeded plastic by adhering to policy of using paper whenever possible and plastic when necessary.

     

    E-COMMERCE PACKAGING MARKET PRODUCT DEVELOPMENT AND INNOVATION

    An innovative e-commerce packaging solution called Secure Ship by Packaging Innovations is made to offer products the highest level of security and protection while shipping. Secure Ship raises the bar for packaging perfection with its cutting-edge features and durable design, guaranteeing that packages arrive undamaged and in flawless shape.

     

    The dedication to protecting products against different external causes, including as impacts, vibrations, dampness, and tampering, is at the heart of Secure Ship’s design philosophy. The packaging is made from premium components that provide great strength and longevity. A strong and resilient structure designed to endure the rigors of shipping is made up of numerous layers of reinforced cardboard and additional protective cushioning.

     

    The shock-absorbing technology of Secure Ship is one of its primary characteristics. Specialized cushioning materials are incorporated into the packing and placed at susceptible spots in a calculated manner to absorb and dissipate impacts during handling and transit. This ground-breaking technology drastically lowers the possibility of damage from spills, falls, or harsh handling, giving e-commerce merchants and end users peace of mind.

     

    Additionally, Secure Ship carefully considers moisture prevention. The package has a moisture-resistant layer that keeps moisture or water from penetrating, guaranteeing that the contents will stay dry and undamaged even in adverse weather circumstances. For items that are sensitive to moisture, such as electronics, cosmetics, or perishable goods, this characteristic is very important.

     

    Secure Ship has a tamper-evident sealing mechanism to prevent tampering and theft. Any effort to open a sealed item exposes visible evidence of tampering, warning both the recipient and the store of potential security breaches. This function helps to increase client trust and confidence in the e-commerce brand while also safeguarding the integrity of the product.

     

    In order to cater to the unique requirements of various products and sectors, SecureShip also provides a variety of customisation possibilities. It offers a flexible packaging option for a variety of e-commerce items because it can be adjusted to accommodate different forms, sizes, and weights. The packaging can also be branded with the retailer’s logo, colors, and other branding components to give the overall customer experience a consistent and expert appearance.

     

    Rapid Packaging Solutions created QuickWrap, a state-of-the-art e-commerce packaging solution, to satisfy the expanding needs of online retailers and guarantee quick, secure product delivery. The e-commerce packaging sector will be revolutionized by this creative packaging solution, which blends practicality, robustness, and sustainability. QuickWrap is changing how companies wrap and ship their products because to its distinctive features and advantages, which will ultimately improve customer pleasure and increase operational effectiveness.

     

    The outstanding strength and protection of QuickWrap is one of its primary characteristics. The products are well-protected during transit by the packaging, which is comprised of sturdy, tear-resistant materials.

     

    The material protects the objects from potential harm by acting as a barrier against moisture, dust, and collisions. QuickWrap guarantees that goods arrive at their destination in immaculate shape, lowering the likelihood of returns and customer unhappiness whether the products are delicate glassware or delicate electronics.

     

     

    E-COMMERCE PACKAGING MARKET COMPETITIVE LANDSCAPE

     

    SI No Timeline Company Developments
    1 Q4-2021 Global The online purchasing of goods and products have increased in the past two years during the Covid-19 pandemic and it boosted the packaging solutions providers business.
    2 Q4-2021 Fort Dearborn and Multi Color Corporation Clayton, Dubilier & Rice acquired the Fort Dearborn and Multi Color Corporation. Thus becoming one of the world’s largest label solutions company. The combined revenue is expected to be $3 billion.
    3 Q3-2021 Mondi group Packaging and paper solutions Mondi group will increase paper based MailerBag production for packaging in Europe e-commerce market with the goal of producing 350 million bags per year.
    4 Q3-2021 CCL Industries Inc. CCL Industries Inc., acquired innovative packaging and labeling solutions provider Uniter located in Spain with a deal value of $53 million in cash and debt.

     

    In the recent year, there has been an extensive competition being noticed in the research and development of the required packaging improvisation to comply with the environmental standards and basic SOP of Packaging the commodity as required by categorizations.

     

    In recent years, DHL Supply Chain and Accenture collaborated on a blockchain based serialization system to improve quality and compliance in healthcare supply-based E Commerce products. It immutably links shipment information by matching a product with its packaging, location, and condition.

     

    infographic: retail e-commerce packaging market, E-Commerce Packaging Market, E-Commerce Packaging Market size, E-Commerce Packaging Market trends, E-Commerce Packaging Market forecast, E-Commerce Packaging Market risks, E-Commerce Packaging Market report, E-Commerce Packaging Market share

     

    Recognizing the importance of such connections, major brands are investing heavily in the details of packaging design and experience. Some are also using packaging to deliver additional value to their consumers, for example through the use of QR codes or NFC chips that unlock offers, information, or content on a user’s smartphone.

     

    New barcodes such as the one from Digi marc even makes those connecting moments seamlessly convenient by invisibly encoding information over the entire packaging surface.

     

    Specific to regional packaging standards, the E-Commerce industry serving the grocery requirements in Europe are generally packed in paper or plastic bags while in China groceries are packed in cardboard or Styrofoam boxes. To protect fragile and perishable items, air fillers and additional protective packaging to keep foods chilled and fresh are used.

     

    Sutherland Packaging has come up with a technology that helps companies to make the most of their ecommerce packaging. The company has developed a way to print directly onto large or small-scale corrugated units. This eliminates the need for lithographic label printing and saves costs and time in the process. It is also environmentally friendly since direct print on carton is fully recyclable, according to the company.

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop