Global Retail E-commerce Packaging Market Information Report by Material (Corrugated Boxes, Protective packaging, Security envelopes, Tapes & labels, and others), by Application (Electronics & Consumer goods, Apparel & Accessories, Home furnishing, Auto Parts, Food & Beverages, Healthcare & Personal care, and others) and by Region - Global Forecast To 2023

Pune, India -- (SBWire) -- 04/09/2018 --The global retail e-commerce market has been witnessing a strong growth over the last few years due to increased internet penetration which resulted in the growth of online shopping. In which, the consumer electronics is the widely used segment of the electronics industry. It includes products intended for everyday use most often in entertainment and communications. Furthermore, apparel & accessories has become the major focus of all ecommerce players and is expected to grow by leaps and bounds.

The global retail e-commerce packaging market is poised to grow at 5.92% CAGR and is estimated to reach USD 21,669.7 million by the end of forecast period.

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The global Retail E-commerce Packaging market is currently dominated by few players namely, International Paper Company, Nippon Paper Industries Co. Ltd., Smurfit Kappa Group, Mondi Group, DS Smith Plc., Packaging Corporation of America, Rengo Co. Ltd, Orora Packaging Australia Pty Ltd., Klabin S.A., and Georgia-Pacific LLC.

Extensive research in this market has brought to light that mergers & acquisitions is the key strategy adopted by the major players in the global retail e-commerce packaging market. This strategy is widely adopted to increase the market share and their client base. For example, the Mondi group acquired companies such as Kalenobel to strengthen their market in Russia by improving the customer offerings. These acquisitions will support the ongoing development of corrugated packaging business in Central & Eastern Europe which will lead to the expansion of their business, globally, so as to serve customer in a much better way.

On the basis of key strategies adopted by the companies in the global retail e-commerce packaging market, the Rengo had the maximum number of mergers and acquisitions during the period 2014 to 2017. Packaging Corporation of America also accounted for a large share in the mergers and acquisitions in the period.

During the same period, DS Smith Plc. (U.K.) had completed the acquisition of Deku-Pack (Denmark). Deku-Pack is a specialist in Point of Sale and display products and services for in-store marketing. The acquisition would enhance DS Smith's customer offering both geographically and to expand its market segment.

International Paper Company majorly focuses on merger and acquisition. Through acquisition the company wants to grow its business globally, maintain local presence and also to allocate capital in such a way that it will lead to deliver return above cost of capital.

Nippon Paper Industries had integrated the capabilities from base paper to the liquid packaging carton business. This led to added value for customers. Acquisition also helped to create synergy with existing business. Similar is the case with Smurfit Kappa Grou. The company, in 2015 invested USD 401.18 million in acquisitions for acquiring Grupo CYBSA and Inspirepac. During the period 2014-2017, mergers & acquisitions constituted 44.44% of the total activities of the company.

Mondi Group focuses mainly on acquiring other companies so that they can strengthen their market in Russia by improving the customer offerings. Acquisition will support the ongoing development of corrugated packaging business in Central & Eastern Europe. These will lead to the expansion of their business, globally, so as to serve better customer. Moreover, company focuses on growth in the packaging market, while investing appropriately to ensure their competitiveness.

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Segmentation: Global Retail E-commerce Packaging Market:

Global Retail e-commerce Packaging Market, By Material

Corrugated Boxes
Protective packaging
Security envelopes
Tapes & labels
Others (Other includes insulated shipping containers, paperboard tubes, shrink film)
Global Retail e-commerce Packaging Market, By Application

Electronics & Consumer goods
Apparel & Accessories
Home furnishing
Auto Parts
Food & Beverages
Healthcare & Personal care
Others (Other includes books, toys & baby products, and industrial products )
Global Retail e-commerce Packaging Market, By Region

North America
Europe
Asia-Pacific
Rest of the world
Hence, global retail e-commerce packaging market is expected to reach a market size of USD 21,669.7 million by the end of the forecast period at CAGR of 5.92%.

Key Players

The key players of the global retail e-commerce packaging market are International Paper Company (U.S.), Mondi Group (South Africa), DS Smith Plc. (U.K.), Packaging Corporation of America. (U.S.), Rengo Co. Ltd. (Japan), Klabin S.A. (Brazil), Nippon Paper Industries Co. Ltd (Japan), Georgia-Pacific LLC (U.S.), Orora Packaging Australia Pty Ltd. (Australia), and Smurfit Kappa Group (Ireland).

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