Chemical Research Report E-commerce-Packaging-Market | Page 2

In terms of revenue, Asia Pacific held a dominant position in the market in 2016, and is expected to
maintain its dominance throughout the forecast period. According to Associated Chambers of
Commerce and Industry in India (ASSOCHAM), an industry trade association, the e-commerce market
accounted for US$ 38.5 billion in 2017 and is projected to exceed US$ 50 billion by 2025. This can be
attributed to an increasing internet penetration rate in India. According to the Internet and Mobile
Association of India (IAMAI), the number of people with access to internet in India is projected to
reach 500 million by June 2018. The aforementioned factors coupled with strong GDP growth and
increasing purchasing power of consumers will result in India being the fastest growing market for e-
commerce in the world, which in turn is expected to boost growth of the e-commerce packaging market
in the region. Amazon India, Flipkart, and Snapdeal are among the major e-commerce players
operating in India. The e-commerce packaging demand in India will largely be dictated by the
performance of these companies in the market.
Europe and North America region have high internet and smartphone penetration. According to the
World Bank, average rate of internet penetration in Europe and North America is 75% and 78%
respectively. The market in these regions is driven by shifting consumer preference from offline retail
channels to e-commerce. Amazon Inc. is the largest e-commerce player in North America. The
company recorded a revenue of US$ 149 billion in 2016 in the U.S. alone and accounted for over 38%
of the e-commerce market in the U.S. According to the Fibre Box Association (U.S.), the boxes
segment is expected to witness significant demand from the e-commerce industry. This is largely due to
increased demand for products such as furnishings, electronics, and consumer goods which typically
utilize boxes as packaging.
Browse More About the E-commerce Packaging Market Study @
https://www.coherentmarketinsights.com/market-insight/e-commerce-packaging-market-
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Report includes chapters which deeply display the following deliverable about industry:
• E-commerce Packaging Market Research Objective and Assumption
• E-commerce Packaging Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• E-commerce Packaging Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global E-commerce Packaging Market, By Regions
• E-commerce Packaging Market Competition by Manufacturers including Production, Share,