Posted 3/19/2024, 5:59:00 PM
E-Commerce Boom Drives $132 Billion Packaging Market Fueled by Online Shopping and Eco-Friendly Solutions
- Global e-commerce packaging market projected to reach $132.7 billion by 2030, growing at a CAGR of 10.4%
- Online shopping demand and social media influence driving market growth
- Asia-Pacific leading regional market due to widespread mobile internet adoption and urbanization
- Sustainability a key priority, with players expanding eco-friendly packaging solutions
- Strategic partnerships between companies addressing evolving end-user and sustainability requirements