The E-commerce Plastic Packaging Market size is expected to grow from USD 24.32 billion in 2023 to USD 49.94 billion by 2028, at a CAGR of 15.48% during the forecast period (2023-2028).
The outbreak of COVID-19 at the beginning of 2020 caused a significant increase in the usage of e-commerce instead of traditional brick-and-mortar sales as the lockdown measures were implemented in multiple countries to curb the spread of the virus. The pandemic resulted in the return of single-use plastic bags and boxes due to hygienic reasons, thus, positively impacting the usage of plastic packaging in e-commerce.
The e-commerce plastic packaging market is fragmented, with market incumbents, such as Amcor PLC, Berry Global Inc., Sealed Air Corporation, Pregis LLC, Sonoco Products Company, Storopack Hans Reichenecker GmbH operating in the market. Companies are gaining sustainable competitive advantage through innovation in design, technology, and application.
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