E-commerce packaging market in India was valued at USD 451.4 million in 2019, is expected to reach USD 975.4 million by 2025
The current pandemic situation is going to re-define packaging industry. Many changes are to drive growth of corrugated box as it is going emerge as one of the safest and sustainable packaging option available.
According to the market report, Indian e-commerce packaging market was valued at USD 451.4 million in 2019, and it is expected to reach USD 975.4 million by 2025, registering a CAGR of 13.8% during the period of 2020-2025.
Many key factors are going to drive its growth such as rising population, changing consumer behaviour, and growing demand for e-commerce packaging. The country is focusing more on sustainable solutions, which is increasingly becoming a business imperative. With the growing awareness, the requirement for eco-friendly and sustainable packaging is steadily on the rise. With several billion parcels delivered every year, the threat of packaging waste is increasing due to which, the need for recyclable packaging material is on the rise.