Asia-Pacific Packaging Industry Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
Asia-Pacific packaging industry is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). The rising presence of major e-commerce players, such as Amazon and Flipkart are strengthening the demand for e-commerce packaging solutions in the region. For instance, as per the International Brand Equity Foundation (IBEF), the Indian e-commerce market is expected to grow to $200 billion by 2026 from US$ 38.5 billion in 2017. Flipkart, Amazon India and Paytm Mall have led the online retail sales in India. The electronics segment is currently the major contributor to online retail sales in India accounted for 48% share in 2018, followed closely by apparel at 29%.
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E-commerce packaging is an essential
part of the brand identity which makes a favourable impression and strengthens
the brand identity. With the trend towards online shopping, packaging continues
to play an essential role in both the brand and consumers’ e-commerce
experience. Brands have to examine the packaging of products to meet the demand
for online shoppers. The increasing trend towards sustainable and
cost-effective packaging solutions in the e-commerce industry has been
witnessed over the years. As a result, most of the e-commerce companies use
cardboard boxes as it is strong, cost-effective, eco-friendly and lightweight
to ship. R&D investment by vendors for eco-friendly packaging solutions and
the increasing presence of several regional, local and multinational e-commerce
vendors across the region is further anticipated to drive the growth of the
packaging industry market in the region.
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Market
Coverage
·
The
market number available for – 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
·
Segment
Covered- By Material Type, By End-User Industry Vertical
·
Regions
Covered- Asia-Pacific
·
Competitive
Landscape
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment/region dominates the market in the base year?
·
Which
segment/region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Recovery
Timeline
Ø
Deviation
from the pre-COVID forecast
Ø
Most
affected region/segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Asia-Pacific
Packaging Industry Market Report Segment
By Material Type
·
Plastic
·
Metal
·
Paper
·
Glass
By End-User
Vertical
·
Food
·
Beverage
·
Healthcare
·
Cosmetics
& Personal Care
·
Industrial
·
Others
(Household Items)
Asia-Pacific
Packaging Industry Market Report Segment by region
·
China
·
India
·
Japan
Rest of
Asia-Pacific
Company
Profiles
·
Amcor,
Ltd.
·
Balmer
Lawrie & Co. Ltd.
·
Berry
Global Group
·
Cosmo
Films, Ltd.
·
Dongguan
Henghui Packaging Products Co., Ltd.
·
Essel
Propack, Ltd.
·
Ester
Industries, Ltd.
·
Flexituff
Ventures International Ltd.
·
GPA
Global
·
Jindal
Poly Films, Ltd.
·
Kapco
Packaging
·
OJI
India Packaging Pvt, Ltd.
·
Parksons
Packaging, Ltd.
·
Polyplex
Corporation, Ltd.
·
PR
Packagings, Ltd.
·
Rengo
Co. Ltd.
·
Shanghai
Forests Packaging Group Co., Ltd.
·
Shenzhen
Changfeng Plastic Packing Products Co., Ltd.
·
Shenzhen
Sinyu Plastic Packaging Co., Ltd.
·
Shenzhen
Wanli Printing Co., Ltd.TCPL Packaging, Ltd.
·
Time
Technoplast, Ltd.
·
Uflex,
Ltd.
·
WestRock
India Pvt. Ltd.
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