Asia Pacific E Commerce Packaging Market Size & Outlook
Asia Pacific e commerce packaging market, 2018-2030 (US$M)
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Asia Pacific e commerce packaging market highlights
- The Asia Pacific e commerce packaging market generated a revenue of USD 37,788.6 million in 2023.
- The market is expected to grow at a CAGR of 20.4% from 2024 to 2030.
- In terms of segment, corrugated boxes was the largest revenue generating product in 2023.
- Corrugated Boxes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 37,788.6 million |
| Market revenue in 2030 | USD 138,901.0 million |
| Growth rate | 20.4% (CAGR from 2023 to 2030) |
| Largest segment | Corrugated boxes |
| Fastest growing segment | Corrugated Boxes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Corrugated Boxes, Bags, Tapes, Protective Packaging, Mailer |
| Key market players worldwide | Amcor PLC, Berry Global Group Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Coveris, Sealed Air Corp, Sonoco Products Co, Winpak Ltd, Constantia Flexibles, Mondi PLC, Gerresheimer AG ADR, Greif Inc Class A, Transcontinental Inc Shs -A- Voting Subord., ALPLA, Alpha Packaging, Silver Spur |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 48.2% of the global e commerce packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 138,901.0 million by 2030.
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E Commerce Packaging Market Scope
E Commerce Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific e commerce packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to e commerce packaging market will help companies and investors design strategic landscapes.
Corrugated boxes was the largest segment with a revenue share of 34.01% in 2023. Horizon Databook has segmented the Asia Pacific e commerce packaging market based on corrugated boxes, bags, tapes, protective packaging, mailer covering the revenue growth of each sub-segment from 2018 to 2030.
Strategic initiatives such as global expansion through mergers & acquisitions and increasing investments for production development provide an opportunity for the e-commerce packaging market in the region.
For instance, in June 2023, Amazon.com, Inc. announced to raise its investment to USD 26 billion by 2023 in India. This is attributed to the rising competition from existing players such as Walmart-owned Flipkart.com and Reliance Industries Limited’s e-commerce retail business.
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Target buyers of Asia Pacific e commerce packaging market databook
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Our clientele includes a mix of e commerce packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific e commerce packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific e commerce packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific e commerce packaging market size, by country, 2018-2030 (US$M)
Asia Pacific E Commerce Packaging Market Outlook Share, 2023 & 2030 (US$M)
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