An empirical study conducted, by the University of Michigan – Economic Growth Institute, predicts that e-commerce packaging is projected to increase 11% annually to $22.1 billion in 2023. As e-commerce sales continues on a positive upward trend, the need for packaging is directly correlated. With the necessity for e-commerce packaging rapidly increasing, companies, such as ITB Packaging LLC are diligently planning for the substantial expansion.
E-commerce Packaging Trends
- Boxes are predicted to remain the most popular option, due to their ability to be customized for unboxing experiences, graphic design, and sustainability.
- The global e-Commerce market is projected to increase 11% annually to $22.1 billion in 2023.
- In North American the e-Commerce packaging demand is predicted to expand 8.7% annually to $5.3 billion in 2023.
- The USA will account for 22% of the global growth within e-Commerce packaging.
Chelsey is a seasoned expert in the packaging industry with extensive experience in optimizing sustainable packaging solutions. With a background in business administration and as a regular contributor to ITB Packaging, Chelsey offers valuable insights and analysis on the latest trends and innovations shaping the packaging sector. Outside of work, she enjoys traveling, hiking, and spending quality time with her two dogs, Bentley and Stella.