North America Ecommerce Packaging Market Growth, Trends, COVID-19 Impact, and Forecast – 2021-2026 Report – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – Added the report “Ecommerce Packaging Market in North America – Growth, Trends, Impact of COVID-19, and Forecasts (2021-2026)” added ResearchAndMarkets.com to offer.

The North American e-commerce packaging market is expected to reach 12.5% ​​in the forecast period (2021-2026).

The rapidly increasing growth in online purchasing behavior of consumers is leading to changes – from product design and package changes to order picking, fulfillment and shipping. Product protection is one of the most important issues.

The exponential growth of e-commerce combined with technological advances in packaging material options is primarily changing the way most businesses choose the right solution. The main considerations are performance, cost considerations due to material improvements, packaging requirements, delivery systems that create on-demand packaging, and sustainability.

In the United States, e-commerce continues to grow rapidly and put pressure on traditional retail outlets. According to the U.S. Department of Commerce, consumers spent $ 601.75 billion online in 2019, up 14.9% from $ 523.64 billion the previous year. That was a relatively higher growth rate than 2018, when Commerce Department reported online sales increased 13.6% year over year. In addition, sales of consumer goods, which have long been confined to traditional retail channels, are skyrocketing, with annual growth rates exceeding 50% in many cases.

With the outbreak of COVID-19, the demand for e-commerce packaging in the region is increasing significantly due to the increasing demand for medicines, food and other essentials. Market demand for ecommerce packaging manufacturers will only increase as people increasingly only leave home for essential purchases, such as groceries or medicines, and many turn to ecommerce for their retail needs.

According to the latest data from Adobe’s Digital Economy Index, U.S. e-commerce grew 49% in April FY2020 compared to the base period in early March, before restrictions on on-site protection went into effect. Online grocery stores helped increase sales, with daily sales increasing 110% between March and April. Meanwhile, electronic sales rose 58% and book sales doubled.

Important market trends

Significant growth is expected for plastic packaging

• When it comes to efficient packaging, plastics often enable manufacturers to ship more products with less packaging material. This lightweight construction process can play an essential role in increasing the environmental and economic efficiency of packaging for consumer goods. In addition, blister packs are ideal for small consumer electronics items. This type of plastic packaging highlights the electronic accessories and also offers a certain degree of protection against tampering, while still being convenient and easy to open.

• Many companies are developing new products to serve the e-commerce market in the region. In January 2020, for example, US-based Sealed Air Corporation launched a new version of Bubble Wrap branded packaging material that is made from at least 90% recycled material. In January 2020 Coveris launched 100% PP structure shrink films that support the circular economy by minimizing material waste. In addition, Better Packaging Co. produces bags and envelopes from renewable plant materials that can be composted at home.

• As consumers become more familiar with the environmental impact of packaging and waste, it becomes increasingly important for brands to reflect their concerns about this issue. Millennials make up a good chunk of the industry’s consumer base and prefer to buy from companies that focus on sustainability.

• As a result, e-commerce companies in the region such as Amazon are adopting sustainable packaging through various initiatives. Over the past decade, Amazon’s initiatives, including Frustration-Free Packaging (FFP), have eliminated more than 810,000 tons of packaging materials and the use of 1.4 billion shipping boxes by promoting easy-open, recyclable packaging and shipping products. The increasing emphasis on FPP could hinder the durable packaging market in the future.

Key topics covered:

1 INTRODUCTION

2 RESEARCH METHOD

3 SUMMARY

4 MARKET INSIGHT

4.1 Market overview

4.2 Analysis of the industry’s value chain

4.3 Industry Attractiveness – Porter’s Five Forces Analysis

5 MARKET DYNAMICS

5.1 Market drivers

5.1.1 Sustained increase in the volume of consumer shipments

5.1.2 Important product and material innovations, paired with increasing emphasis on the achievement of competitive advantages through packaging

5.1.3 Growing demand for luxury packaging

5.2 Market Challenges

5.2.1 Material-specific regulations for the use of plastic and relative freedom from exposure in good manufacturing practice

5.3 Key case studies and implementation of use cases related to innovations in e-commerce packaging

5.4 Effects of COVID-19 on the e-commerce and packaging industries

6 MARKET SEGMENTATION

6.1 By material type

6.1.1 Plastic

6.1.2 Corrugated cardboard

6.1.3 Paper

6.1.4 Other types of material

6.2 By product type

6.2.1 Boxes

6.2.2 Protective packaging-based products

6.2.3 Other types of products

6.3 By end-user industry

6.3.1 Fashion and clothing

6.3.2 Consumer electronics

6.3.3 Food and drinks

6.3.4 Personal care products

6.3.5 Other end-user industries

6.4 By country

6.4.1 United States

6.4.2 Canada

7 COMPETITIVE LANDSCAPE

7.1 Company profiles

7.1.1 Amcor PLC

7.1.2 Mondi AG

7.1.3 International paper company

7.1.4 Smurfit Kappa Group PLC

7.1.5 DS Smith PLC

7.1.6 CCL Industries Inc.

7.1.7 Georgia-Pacific LLC

7.1.8 Sonoco Products Company

7.1.9 Storopack AG

7.1.10 Sealed Air Corporation

8 INVESTMENT ANALYSIS

9 FUTURE OPPORTUNITIES

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