Automated E-Commerce Packaging Market REPORT OVERVIEW
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The global automated E-commerce packaging market size was USD 477.8 million in 2021 and is projected to touch USD 2000.5 million by 2032, at CAGR of 13.6% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the Global Automated E-Commerce Packaging Market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
Unavoidable errors and mistakes may result from the heavy workload placed on manual workers as a result of the increased haste to pack a variety of products. As a result, businesses will be able to complete their responsibilities and goals more effectively with the adoption and deployment of various small-scale and large-scale types of machinery. The many different types of equipment used in the process of protecting goods and materials are referred to as packaging equipment. This is frequently done for distribution, selling, and storage.
COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market
The COVID-19 outbreak caused temporary business closures as well as supply chain and manufacturing disruptions, which in turn reduced the development of telecom infrastructure and had a negative effect on the sales and marketing efforts of rugged phone companies competing in the market. The effects were severe, particularly for startups and small- to medium-sized businesses operating in this industry. Companies did, however, make a lot of restructuring efforts to address the supply chain difficulties and improve collaboration with suppliers and partners to lessen the negative market impact.
LATEST TRENDS
"Growth of the market in recent years"
Different types of packaging are used in the retail and e-commerce sectors to ensure the safe packaging and delivery of a variety of products. Boxes, mailers, labels, tape, and other protective packaging are all included in the retail e-commerce packaging. In order to protect the content from rough handling and damage during transportation and storage, these packaging options are mostly utilized as secondary packing. Retail e-commerce packaging is expected to see an increase in demand due to consumers' growing preference for online purchasing. Additionally, the demand for retail e-commerce packaging is driven by the ever-expanding e-commerce industry. Overall, it is anticipated that the retail e-commerce packaging business will expand more quickly over the next few years.
Automated E-Commerce Packaging Market SEGMENTATION
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- By Type
Based on type the global automated E-commerce packaging market is classified as fully-automated, semi-automated.
- By Application
Based on application the global automated E-commerce packaging market is classified as food & beverage, cosmetics, apparel and footwear, consumer electronics, home appliances, household products, pharmaceuticals, others.
DRIVING FACTORS
"The Utilization as a Catalyst to Boost the Market Growth"
The rapidly expanding smartphone market, which is accelerating the retail revolution by combining m-commerce features with e-commerce capability, is a major contributor to the e-commerce industry's rising popularity. This expansion was mostly centred in the major cities, where there was a substantial rise in the number of people using smartphones and tablets, as well as easy access to the internet via broadband, 4G, and other technologies. However, tier II, tier III, and rural areas are also contributing to the latest growth waves in the e-commerce sector.
"Extensive Application in Laundering Process to Multiply the Production and Market Growth"
This is especially true for emerging economies where the bulk of people reside in tier II and tier III cities as well as rural areas. A package can now be transported over a significantly greater geographic area thanks to the expansion of the logistic carrier network. The majority of e-commerce business in nations like India comes from tier II and III towns. As a result, people in these tier II and tier III cities are striving to adopt the lifestyle and purchasing habits of those in metro areas and tier I cities. This has given the retail e-commerce packaging business a solid boost.
RESTRAINING FACTORS
"Several Challenges Associated with the Local Irritation to Restrain the Market"
This method lowers labor expenses for businesses while accelerating the packaging and shipping process. The growth of the global e-commerce industry, which has led to a strong need for protective packaging, is what is driving the retail e-commerce packaging market. The market for retail e-commerce packaging has been significantly influenced by the growth of online shopping.
As more people buy online, there is an increasing need for protective and environmentally friendly packing options that can guarantee the delivery of items to customers' doorsteps in a secure and safe manner. A variety of items, including corrugated boxes, bubble mailers, poly mailers, cushioned mailers, and flexible packaging, are used in retail e-commerce packaging. These packaging options provide e-commerce companies with branding and marketing opportunities in addition to protecting goods during transit.
Automated E-Commerce Packaging Market REGIONAL INSIGHTS
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"North American Region to Dominate the Market with Extensive Utilization and Multiplying Manufacturers"
From 2021 to 2031, the overall revenue share is expected to be led by the North American region, which consists primarily of the United States and Canada. By the end of 2026, the region will generate more than 32% of the total revenue. Early adoption of technologically advanced packing solutions to simplify the procedure overall and lessen reliance on manual labor has sparked regional industrial growth. The packing sector will undergo a significant transition in the Asia Pacific towards the introduction of robotic techniques. As a result, the area is probably going to experience the fastest growth throughout the anticipated period. Regional industry growth will be sparked by a high penetration of online sales channels and a growing propensity for equipment transformation to reduce costs and time.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
This market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.
List of Market Players Profiled
- BVM Brunner (Germany)
- West Rock (US)
- Sealed Air (US)
- Pregis (US)
- Sparck Technologies (US)
- Maripak (Turkey)
- CMC Machinery (Italy)
- Packsize (US)
- Panotec (Italy)
- Tension Packaging and Automation (US)
- ProMach (US)
- Ranpak (US)
- Smurfit Kappa (US)
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study. The research report includes a study of several factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 477.8 Million in 2021 |
Market Size Value By |
US$ 2000.5 Million by 2032 |
Growth Rate |
CAGR of 13.6% from 2021 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the Automated E-Commerce Packaging market expected to touch by 2032?
The global automated e-commerce packaging market is expected to USD 2000.5 million by 2032.
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What CAGR is the Automated E-Commerce Packaging market expected to exhibit by 2032?
The Automated E-Commerce Packaging market is expected to exhibit a CAGR of 13.6% by 2032.
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Which are the driving factors of the Automated E-Commerce Packaging market?
The Automated E-Commerce Packaging market, which is accelerating the retail revolution by combining m-commerce features with e-commerce capability, is a major contributor to the e-commerce industrys rising popularity.
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Which are the key players functioning in the Automated E-Commerce Packaging market?
BVM Brunner, West Rock, Sealed Air, Pregis, Sparck Technologies, Maripak, CMC Machinery, Packsize, Panotec, Tension Packaging and Automation, ProMach, Ranpak, Smurfit Kappa are the key players functioning in the Automated E-Commerce Packaging market.