Market Analysis The global retail e-commerce packaging market is projected to touch USD 21,669.7 million at a 5.92% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis.
Retail e-commerce packaging includes products like protective packaging (loose fill peanuts, air pillows, and bubble wraps), labels, tapes, boxes (folding and corrugated cartons), and others.
Generally, these products are used as secondary packaging to safeguard the packaged contents against damage at the time of transportation activities.
As per the recent MRFR report, such factors include on-going rise in online shopping, consumers being spoilt for choice, convenience to shop at the comfort or during the move, free shipping, easy return policies, and fast delivery, demand for packaged food, presence of several online stores varying from non-perishable groceries to specialty packaged foods, increasing use of retail e-commerce packaging, preference for e-commerce shopping due to huge discounts, growing demand for protective, eco-friendly packaging, and increase in retail e-commerce in emerging economies.
On the contrary, demand for less paper & plastic packaging, rise in environmental consciousness, strict government regulations about corrugated packaging, and the impact of the COVID-19 outbreak may limit the global retail e-commerce packaging market growth during the forecast period.
Market DivisionThe global retail e-commerce packaging market is an immense field and is divided as follows:The global retail e-commerce packaging market is characterized as paper, plastic, corrugated board, and others in view of packaging material types.The global retail e-commerce packaging market is characterized as personal care products, consumer electronics, food & beverages, and others in view of end-users.Regional AnalysisBy region, the global retail e-commerce packaging market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW).
