E-commerce Is a $20 Billion Market for Corrugated Packaging—and Growing Fast

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E-commerce Is a $20 Billion Market for Corrugated Packaging—and Growing Fast

New research from Smithers Pira points to major growth for corrugated in serving the fast-developing e-commerce packaging markets. Read on for more detail.

By Smithers

Tuesday, May 01, 2018

According to research by market consultancy Smithers Pira, e-commerce is becoming a significant and high-growth opportunity for the corrugated packaging market to 2023.

Despite the economic slowdown over the past few years that has had a negative impact on retail sales in general, e-commerce retail sales have continued to show growth, and present a considerable opportunity for corrugated packaging suppliers.

The nature of e-commerce packaging favors the use of corrugated board as a major medium and it is now estimated that upwards of $20 billion worth of corrugated materials are used in this sector as a whole. The major sectors making use of e-sales systems include consumer electronics, books and media products, fashion, and toys, hobby, and sports equipment.

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