International Paper (US) and Amcor. (Switzerland) are Leading Players in the E-Commerce Packaging Market
The global E-commerce Packaging market is projected to grow from USD 77.4 Billion in 2024 to USD 124.9 Billion by 2029, at a CAGR of 10.0% during the forecast period. The growing urbanization, rising disposable income, technological advancements, and others led to increases in e-commerce sales, which consequently helped to drive the demand for e-commerce packaging during the forecast period.
E-commerce packaging refers to the method by which the product can be protected during shipment by creating the brand identity and managing shipping costs. In addition to this, stylish and outstanding packaging structures can also help to improve the customer experience and enhance profitability. Nowadays, many stores are shifting to online platforms to reduce operational costs and increase the customer base.
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In the last couple of years, key players have adopted multiple growth strategies, which include acquisitions, mergers, expansions, product launches, and others, and focused on expanding the business to drive growth. Several key players are present in the e-commerce packaging market, which gives tough competition to its competitors. These players are International Paper (US), Amcor. (Switzerland), Mondi Group (UK), Smurfit Kappa (Ireland), Rengo Co., Ltd (Japan), Berry Global Inc (US), Sonoco Products Company (US), CCL Industries (Canada), H.B. Fuller (US), Sealed Air Corporation (US), Georgia-Pacific LLC (US), Stora Enso Oyj (Finland), and others.
International Paper (US) is a trusted company with a rich manufacturing history spanning 125 years. It is one of the world leaders in manufacturing packaging products. The business segments of the company are Industrial Packaging and Global Cellulose Fibers. The company specializes in providing innovative fiber-based solutions to businesses, environment-friendly packaging, and fiber-based products. The company’s product portfolio includes corrugated packaging, bulk packaging, solid fiber, molded fiber, retail packaging & display, paper bags, containerboard, saturating kraft, gypsum board paper, recycling solutions, and pulp.
Amcor (Switzerland), is a global leader in packaging solutions, providing a wide range of innovative packaging products and services to customers worldwide. The company operates through two business groups, namely, Flexibles and Rigid Packaging. The Flexibles business has a global presence and is one of the world’s largest developers and suppliers of packaging and specialty folding cartons. The business develops and produces packaging for food, beverages, pharmaceuticals, medical, home & personal care, and other products. The company has a presence in 41 countries at 218 sites.
Mondi Group (UK), is a global packaging and paper company that specializes in providing innovative packaging and paper solutions for a wide range of industries. It is a leading producer of paper and plastic solutions. The company operates through the Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper segments. It serves various end-use industries such as FMCG and consumer products, e-commerce, retail, automotive, heavy-duty, food service, construction, and agriculture. It has 100 production sites across more than 30 countries worldwide, with key operations in Europe, North America, and Africa.
Related Reports:
E-Commerce Packaging Market by Material (Corrugated Boards, Paper & Paperboards, Plastics), Product Type (Boxes, Mailers, Tapes, Protective Packaging, Labels), Application (Electronics, F&B, Fashion, Cosmetics) & Region - Global Forecast to 2029
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