Retail E-Commerce Packaging Market Valuation of More than US$21 Bn By the End of the Year of Assessment
Monday, February 04, 2019
Press release from the issuing company
Retail e-commerce packaging is gaining increased traction owing to expanding e-commerce sector. The cross border shopping has picked up steam and is pushing the growth of the e-commerce sector. This in turn has led to the emergence of innovative packaging solutions, thus giving a boost to the global retail e-commerce packaging market. Several key players in the market are focusing on developing efficient packaging solutions with a view to promote safety of the product, marketing of the product as well as enhance the visibility of the product.
"Retail E-Commerce Packaging Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)," a new research report by Future Market Insights covers present and future projections of the global market. According to this research, the global market is poised to grow at a steady CAGR throughout the period of assessment and is estimated to reflect a market valuation of more than US$ 21 Bn by the end of the year of assessment.
Global Market for Retail E-Commerce Packaging: Factors Influencing Growth
Global Market for Retail E-Commerce Packaging: Key Segmental Highlights
By market type, the third party fulfilment and logistics companies segment is the largest and expected to showcase high market attractiveness. This segment is expected to lead the global market with a high market valuation by the end of the year of assessment
By region, Asia Pacific excluding Japan (APEJ) shows high lucrativeness. The retail e-commerce packaging market in this region is projected to grow at a significant CAGR and is estimated to reach a value of more than US$ 7700 Mn by the end of the forecast period. The retail e-commerce packaging market in Latin America is projected to grow at the fastest rate in the coming years
By product type, protective packaging segment is projected to grow at a high rate throughout the period of assessment and also reflect a high market value by the end of the assessment year (2026) and is a highly lucrative segment. The boxes segment is the second largest in terms of market strength
By merchandise, the food and beverage segment is projected to grow at a higher pace as compared to other merchandise segments during the period of forecast. The fashion (clothing, footwear, etc.) segment is expected to dominate the global market with a high valuation of more than US$ 6 Bn by the end of the year of assessment (2026).
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Global Market for Retail E-Commerce Packaging: Competition Analysis
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