Sustainable E-Commerce Packaging Market Share

Market Share of Sustainable E-Commerce Packaging Industry

The market studied is fragmented, with major vendors accounting for most of the market share. The presence of many players in the market impacts the pricing of services, making it a direct competing factor, especially for small-scale vendors. The vendors are expected to focus on providing one-stop-shop services, providing them with a competitive advantage. Some of the major players in the market are Amcor Group GmbH, Smurfit Kappa Group, WestRock Company, and DS Smith PLC.

• September 2023: Global sustainable and e-commerce packaging firm Smurfit Kappa notified its intentions to acquire a key paper and paperboard manufacturing firm, WestRock, for USD 11.2 billion to create Smurfit WestRock, one of the largest global paper packaging company generating a combined annual income of USD 34 billion. Upon the declaration, the agreement was anticipated to be finalized during the second quarter of 2024.
• June 2023: Procter & Gamble (P&G) China unveiled its partnership with Dow, a key material specialist firm, to introduce an air capsule for e-commerce packaging. The capsule has been created to minimize unnecessary packaging while ensuring the products' safety. Dow has stated that the innovative design is inspired by corrugated parcel boxes and results in a 40% decrease in material weight. Additionally, it features an all-PE mono-material composition.

Sustainable E-Commerce Packaging Market Leaders

1. Amcor Group GmbH

2. Smurfit Kappa Group Plc

3. DS Smith Plc

4. Mondi Group

5. WestRock Company

*Disclaimer: Major Players sorted in no particular order