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eCommerce Plastic Packaging Market – Exclusive Report by 360iResearch
The Global eCommerce Plastic Packaging Market to grow from USD 46.48 billion in 2022 to USD 209.95 billion by 2030, at a CAGR of 20.73%.
PUNE, MAHARASHTRA, INDIA , November 9, 2023 /EINPresswire.com/ — The "eCommerce Plastic Packaging Market by Product (Air Bubble Packaging, Polymailers, Pouches & Bags), Type (High Density Polyethylene, Low-Density Polyethylene, Polyethylene Terephthalate), End-User – Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.
The Global eCommerce Plastic Packaging Market to grow from USD 46.48 billion in 2022 to USD 209.95 billion by 2030, at a CAGR of 20.73%.
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The eCommerce plastic packaging encompasses producing, distributing, and using various plastic materials specifically designed for protecting, preserving, and transporting goods sold through online retail platforms. With a focus on maintaining product integrity during transportation and providing sustainable options, eCommerce businesses across sectors such as fashion, healthcare, and home & personal care products have experienced increased demand for efficient plastic packaging solutions. The rapid global expansion in eCommerce sales driven by urbanization trends, internet penetration, and smartphone usage contributes to the market’s growth. However, environmental impact, waste disposal concerns about plastic packaging, and strict eCommerce packaging requirements and considerations are restricting the use of plastic packaging in the eCommerce sector. These factors lead manufacturers to adapt their manufacturing processes at additional costs or explore alternative solutions, such as bio-based materials that cater to environmental concerns without compromising performance standards. In addition, eCommerce plastic packaging must comply with a range of international regulations contingent upon the specific rules governing the material composition and labeling requirements in the destination country. Emerging opportunities, such as developing innovative, interactive, and safe packaging solutions for brand promotion, are expected to influence demand for eCommerce packaging.
Product: Higher preferences for zip-lock packaging owing to protection requirements and sustainability concerns
In eCommerce plastic packaging, various packaging options cater to different needs and products. Air bubble packaging is a popular choice for safeguarding fragile items such as electronics and glassware during shipping. The air-filled bubbles provide cushioning, making it lightweight, easy to use, and cost-effective compared to foam or paper padding. Polymailers are versatile plastic envelopes for non-fragile items such as apparel and documents. These envelopes offer water and tear resistance, lightweight material, and self-sealing capabilities, helping reduce shipping costs. Pouches & bags protect against moisture, oxygen transmission, and contaminants while maintaining product freshness and are widely used for food items, cosmetics, and personal care products. Security tamper-evident bags ensure the safe transit of high-value or confidential items by providing visual evidence if unauthorized access occurs. Shrink films serve various purposes, such as product protection, tamper resistance, and visual appeal in food products, consumer goods, and multi-pack promotions. Zip-lock packaging is favored for food storage due to its resealable closure system that maintains freshness and prevents spills. Additionally, it includes non-food applications, such as organizing small parts or supplies.
Type: Growing demand for durable HDPE to protect, preserve, and transport a wide range of products
Businesses have been seeking innovative packaging solutions with the rapid growth of the eCommerce sector globally that ensure product protection, enhance customer experience, and adhere to environmental standards. High-density polyethylene, low-density polyethylene, polyethylene terephthalate, and polypropylene are the raw materials used to manufacture flexible packaging materials such as bubble wraps, plastic bags, and air pillows. These items are essential for securing and cushioning fragile products during transit. Majorly, HDPE bubble wraps offer superior protection to delicate items such as glassware, electronics, and ceramics by providing a durable and puncture-resistant barrier around them. Its flexibility allows easy wrapping around irregularly shaped objects while maintaining its protective properties. Each material offers distinct advantages depending on specific packaging needs and concentrates on sustainable initiatives by investing in advanced recycling technologies or developing eco-friendly materials.
End-User: Higher adoption of balance protection and cost-efficient eCommerce plastic packaging from consumer & electronics
eCommerce plastic packaging for consumer & electronics is designed meticulously to prioritize durability and robustness. It incorporates cushioning materials such as bubble wrap or foam inserts to safeguard delicate components from potential falls or jolts. Additionally, including anti-static properties is crucial in preventing electrostatic discharge (ESD) damage to sensitive electronic devices. In the fashion & apparels industry, eCommerce plastic packaging serves multiple purposes beyond mere protection during transit. It plays a vital role in preserving fabric quality. Polybags and polyethylene bags offer flexibility, affordability, and customization options. Resealable bags facilitate convenience, while clear bags provide an aesthetically pleasing presentation. The food & beverages industry heavily relies on eCommerce plastic packaging to ensure product freshness. This is achieved through barrier films, vacuum/MAP packaging, tamper-evident seals, and lightweight materials. Furthermore, personal care products benefit from eCommerce plastic packaging. Containers equipped with airless or pump dispensers effectively prevent contamination and spillage. Additionally, shrink-wrapping is employed to preserve the quality of items and offer protection against physical damages during transport.
Regional Insights:
In the Americas region, the United States, Canada, Mexico, and Brazil offer diverse opportunities for eCommerce plastic packaging providers due to factors including growing demand for eco-friendly plastic packaging solutions due to strict environmental regulations and rising eCommerce activities, increasing the demand for eCommerce plastic packaging. Countries including China, India, Japan, Australia, and Southeast Asia lead the rapidly expanding eCommerce industry in the APAC. Collaborative partnerships with regional eCommerce giants such as Alibaba and Flipkart are essential to address increasing concerns about plastic waste management and environmental impact. The EMEA region comprises developed markets, including Germany, France, United Kingdom, alongside emerging economies across the Middle East and Africa. Strict regulations under the European Union's Circular Economy Action Plan have increased demand for sustainable packaging options. Rapidly growing eCommerce adoption in Gulf Cooperation Council (GCC) nations presents untapped expansion possibilities.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the eCommerce Plastic Packaging Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the eCommerce Plastic Packaging Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the eCommerce Plastic Packaging Market, highlighting leading vendors and their innovative profiles. These include 3M Company, A.M.Flexipack Pvt Ltd., Amcor PLC, Berry Global Group, Inc., Cellofoam North America, Inc., Dhwani Polyprints Pvt. Ltd., Dow Chemical Company, DS Smith PLC, Grantur International Package Products (Shenzhen) Co., Ltd., Guangdong Tengen Printing Co., Ltd., Hughes Enterprises by Envoy Solutions Company, Impak Retail, Mondi Group, Orora Limited, Packaging Corporation of America, Packhelp S.A., Packman Packaging Private Limited, Plus Packaging, Inc., Pregis LLC, Printpack, Inc., ProAmpac Holdings Inc., Salazar Packaging, Sealed Air Corporation, Signet by Winson Group Pty Ltd., Smurfit Kappa Group, Sonoco Products Company, Storopack Hans Reichenecker GmbH, Transcontinental Inc., WH Packaging Co.,Ltd., and Winpak Ltd..
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Market Segmentation & Coverage:
This research report categorizes the eCommerce Plastic Packaging Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Air Bubble Packaging, Polymailers, Pouches & Bags, Security Tamper Evident Bags, Shrink Films, and Zip-Lock Packaging. The Pouches & Bags commanded largest market share of 32.88% in 2022, followed by Polymailers.
Based on Type, market is studied across High Density Polyethylene, Low-Density Polyethylene, Polyethylene Terephthalate, and Polypropylene. The Low-Density Polyethylene commanded largest market share of 32.12% in 2022, followed by Polyethylene Terephthalate.
Based on End-User, market is studied across Consumer & Electronics, Fashion & Apparels, Food & Beverages, and Personal Care Products. The Fashion & Apparels commanded largest market share of 34.54% in 2022, followed by Food & Beverages.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.79% in 2022, followed by Europe, Middle East & Africa.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. eCommerce Plastic Packaging Market, by Product
7. eCommerce Plastic Packaging Market, by Type
8. eCommerce Plastic Packaging Market, by End-User
9. Americas eCommerce Plastic Packaging Market
10. Asia-Pacific eCommerce Plastic Packaging Market
11. Europe, Middle East & Africa eCommerce Plastic Packaging Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the eCommerce Plastic Packaging Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the eCommerce Plastic Packaging Market?
3. What is the competitive strategic window for opportunities in the eCommerce Plastic Packaging Market?
4. What are the technology trends and regulatory frameworks in the eCommerce Plastic Packaging Market?
5. What is the market share of the leading vendors in the eCommerce Plastic Packaging Market?
6. What modes and strategic moves are considered suitable for entering the eCommerce Plastic Packaging Market?
Mr. Ketan Rohom
360iResearch
+1 530-264-8485
ketan@360iresearch.com
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