E-Commerce Packaging Market Industry Outlook 2024

Growing E-Commerce sales, the penetration of smartphones and internet access, and technological advancements are fueling the growth of the E-Commerce packaging market.

The E-Commerce packaging market is projected to grow from USD 69.3 billion in 2023 to USD  111.9 billion by 2028, at a CAGR of 10.05% during the forecast period. The growth in E-Commerce sales worldwide, the penetration of smartphones and internet access, which allows users to order online in one click, and technological advancements in the packaging industry have led to the growth of the E-Commerce packaging market.

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By Material, Corrugated Boards dominated the market in 2022.

Corrugated board dominates the market share among corrugated boards, paper, plastics, and others in the E-Commerce packaging industry due to several key factors. Its superior strength, durability, and versatility make it an ideal choice for safeguarding products during shipping, ensuring they reach customers in optimal condition. Furthermore, corrugated board is highly regarded for its sustainability, as it is primarily made from recycled materials and can be easily recycled again. The ability to customize and incorporate branding elements adds to its appeal, providing an enhanced unboxing experience for customers and fostering brand engagement.

By product Type, Boxes accounted for the maximum share in 2022.

Boxes hold the highest market share among different product types in the E-Commerce packaging market for several compelling reasons. Their versatility and adaptability make them ideal for accommodating various product sizes and shapes while providing robust protection during shipping. Boxes find widespread applications in E-Commerce packaging across industries such as electronics, fashion, cosmetics, food and beverages, furniture, etc. Their customizability allows for branding elements, product information, and handling instructions to be incorporated, delivering an enhanced unboxing experience and effectively promoting brand identity to customers. With their strong market presence, boxes continue to be the preferred choice for efficient and reliable E-Commerce packaging solutions.

By application, Food & Beverages to have the second highest CAGR during the forecast period.

Food and beverage demonstrate the second highest growth rate among electronics, fashion, furniture, cosmetics, and others in the E-Commerce packaging market. This can be attributed to the surge in online grocery shopping, food delivery services, and the demand for specialized packaging solutions that ensure product freshness, safety, and attractive presentation.

Asia Pacific accounted for the highest market share in the E-Commerce packaging market in 2022.

The Asia Pacific E-Commerce packaging market is witnessing growth propelled by factors. The region has a massive population and a rapidly growing E-Commerce industry, fueling the demand for packaging solutions to support the increasing volume of online orders. Asia Pacific is home to several major economies with robust manufacturing capabilities, making it a manufacturing hub for various industries. This proximity to production facilities reduces shipping costs and enables efficient supply chain management. The region's focus on quality, aesthetics, and sustainability plays a significant role in driving the growth of the E-Commerce packaging market in the Asia Pacific.

By Company: Tier1: 40%, Tier 2: 25%, Tier3: 4: 35%

By Designation: C-Level: 35%, Director Level: 30%, Others: 35%

By Region: North America: 25%, Europe: 20%, Asia Pacific: 45%, South America: 5%, and Middle East & Africa: 5%.

Companies Covered: International Paper (US), Amcor Limited (Australia), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and others are covered in the E-Commerce packaging market.

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Research Coverage - 

 The market study covers the E-Commerce packaging market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on product type, material, application, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the E-Commerce packaging market.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall E-Commerce packaging market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (Growing E-Commerce sales worldwide, technological advancements, the rising prevalence of internet access and smartphones), restraints (Lack of sufficient plastic recycling infrastructures), opportunities (Growing social media influence), and challenges (extremely competitive market and harmful effects of plastic on environment) influencing the growth of the E-Commerce packaging market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the E-Commerce packaging market

• Market Development: Comprehensive information about lucrative markets – the report analyses the E-Commerce packaging market across varied regions

 • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the E-Commerce packaging market

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like International Paper (US), Amcor Limited (Australia), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and among others in the E-Commerce packaging market. The report also helps stakeholders understand the pulse of the E-Commerce packaging market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Rigid Plastic Packaging Market Recent Developments Analysis & Overviews Trends Share & Size

The rigidplastic packaging market is projected to grow from USD 198.9 billion in 2021 to USD 250.2 billion by 2026, at a CAGR of 4.7% during the forecast period. The market is expected to witness significant growth in the future due to its multiple applications in end-use industries such as beverage, food, and healthcare. The global rigid plastic packaging market is driven by factors such as strong demand in major Asia-Pacific markets such as India and China and increasing demand from food & beverage packaging industries.

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Rigid plastic packaging is defined as any plastic package having a relatively inflexible shape or form, with a minimum capacity of eight fluid ounces, which makes it capable of maintaining its shape. Rigid plastic packaging is the aggregation of products such as HDPE bottles, PET bottles, jars, specialty cosmetic containers, and thin wall plastic containers.

The tubs, cups, & pots segment, by type, is projected to grow at the highest CAGR during the forecast period. Rigid plastic tubs, cups, and pots are used in the foodservice and retail industry to package anything from cream and dips to insecticides. Cups are precision thermoformed, which are sealed using a heat sealable flexible lid. These cups generally have flat edges for perfect seals. Some rigid cups also have rolled rims. These products are generally used to pack dairy products such as cream, yogurt, and dairy desserts. The segment is projected to witness the highest growth rate as a result of the growing demand for single-serve packs and properties such as cost-effectiveness, portion control, and less environmental impact.

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The PE segment, by raw material, accounted for the largest share in the rigid plastic packaging market, in terms of value. Polyethylene is produced by the polymerization of ethylene and can be self-sealed under controlled heat. It is highly durable, versatile, and resistant to moisture and light. It is therefore widely used in rigid plastic packaging. Polyethylene provides a good barrier against moisture but a relatively poor one against oxygen and other gases. Low-Density Polyethylene (LDPE) and High-Density Polyethylene (HDPE) are used for manufacturing blister packs. High-Density Polyethylene (HDPE) is a cost-effective thermoplastic with a linear structure and no or low degree of branching. It is manufactured at low temperature (158–572°F) and pressure (10–80 bar) and is derived from either modifying natural gas (a methane, ethane, propane mix) or the catalytic cracking of crude oil into gasoline.

In terms of geographic coverage, the rigid plastic packaging market has been segmented into five regions, namely, North America, the Asia Pacific, Europe, the Middle East and Africa, and South America. The Asia Pacific region accounted for the largest share in 2020 and is also projected to record the highest growth rate during the forecast period. Countries such as India and China are expected to post high growth in the rigid plastic packaging market due to growing developmental activities and rapid economic expansion. In addition to this, the growing population in these countries presents a huge customer base for FMCG products and consumer durables, which, in turn, is expected to lead to the growth of the rigid plastic packaging market.

Key factors such as industrialization, growing convenience food industry, rising manufacturing activities, increasing disposable income, rising consumption level, and the growing e-retail sales have contributed to the growth of the rigid plastic packaging market during the forecast period.

Recent Developments in Rigid Plastic Packaging Market

• In September 2020, ALPLA Group continued to pursue the strategy of expanding its recycling activities worldwide. The family-owned enterprise from Austria is now building a plant in Mexico for recycling HDPE. It has planned to produce 15,000 tons of post-consumer recycled material each year.
• In November 2020, Amcor adapted its leading-edge engineering and design technology to develop the lightest 900-ml Polyethylene Terephthalate (PET) bottle for edible oil in Brazil. The custom-designed container for agribusiness and food producer Bunge in São Paulo is 22% lighter than competitive bottles while providing greater productivity and increased sustainability benefits.
• In January 2020, Sonoco acquired Thermoform Engineered Quality, LLC and Plastique Holdings, Ltd and the legal name is SONOCO TEQ.
• In September 2018, Silgan, along with Krones and Husky, formed a strategic partnership with Practically Impossible Labs to manufacture its BottleOne integrated handle PET bottle for the marketplace.

Corrugated Boxes Market Industry Leaders & Recent Developments

The global corrugated boxes market size is estimated at USD 67.6 billion in 2021 and is projected to reach USD 80.8 billion by 2026, at a CAGR of 3.6%, between 2021 and 2026. Corrugated boxes are often used as shipping containers. They are sturdy, handy, and lightweight, owing to which they are used in a wide range of applications. The corrugated boxes market is witnessing demand owing to the rise in the online retail industry. The growing food & beverages, electronic, textile, home & personal care, glassware & ceramics, chemicals, and paper & paper products industries have contributed significantly towards the growth of the corrugated boxes market.

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The key players in the corrugated boxes market are Rengo Co., Ltd. (Japan), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and International Paper (US), and others. The corrugated boxes market report analyzes the key growth strategies adopted by the leading market players, between 2017 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.

Rengo Co., Ltd. is engaged in the manufacture and sales of packaging materials and equipment. It operates through the following business segments: paperboard and packaging, flexible packaging, heavy duty packaging, overseas business, and others. The paperboard and packaging segment manufactures and sells paperboard, corrugated board, and corrugated containers. The flexible packaging segment manufactures and sells of flexible packaging and cellophane. The heavy-duty packaging segment manufactures and sells heavy duty packaging products. The overseas business handles overseas operations of the paperboard, corrugated boxes, flexible packaging, and heavy-duty packaging products. The others segment manufactures and sells nonwoven products, paper packaging machinery, printing paper, and other businesses that includes transport, insurance agency, leasing, and real estate.

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Mondi Group is integrated fully across the paper and packaging value chain, beginning from the manufacture of compound plastics and papers to the development of innovative packaging solutions for industries as well as consumers. The company deals in corrugated packaging, flexible packaging, engineered materials, and uncoated fine paper. It offers a wide range of products such as office papers, extrusion coatings, industrial bags, containerboards, corrugated, and consumer goods packaging. The company offers several brands including color copy, DNS, IQ, MAESTRO, and NAUTILUS. The Mondi Group has operations in more than 30 countries globally and offers products which are highly sustainable and best meet the needs of customers. Amcor Limited (Australia), Sonoco Products Company (US), and Constantia Flexibles (Austria) are some of the key competitors of the company.

Recent Developments in Corrugated Boxes Market

1. In October 2021, Smurfit Kappa Group completed the acquisition of Verzuolo. As a result of this acquisition, the company converted the PM9 machine into a state-of-the-art 661,387-ton recycled containerboard machine in 2019. It complements the already existing and strategically located operational facilities near the port of Savona. This is expected to benefit the company as well as the customer base.
2. In September 2021, Rengo Co., Ltd. announced that its joint venture in Vietnam, Vina Kraft Paper Co., Ltd., has opted to build a new containerboard production site. Due to continued foreign direct investments, majorly in the export industry, and expanding domestic consumption, Vietnam's total annual demand for containerboard was over three million tons in 2019. Vina Kraft Paper is expected to firmly establish itself as a market leader in the Vietnam containerboard sector, with the newly constructed mill aiming for long-term development and expansion. It is also expected to boost Vietnam's local integrated containerboard to corrugated box production system.
3. In September 2021, the Mondi Group expanded by installing new equipment at its corrugated box production plant in Szczecin, Poland. This expansion aims at expanding the company’s packaging portfolio and enhance production processes. This expansion is expected to further strengthen the company's presence as a preferred e-commerce packaging supplier to the growing European markets.
4. In August 2021, DS Smith developed a completely recyclable e-commerce packaging for Blaue Helden. This sustainably developed e-commerce packaging from DS Smith imparts the environment-friendly cleaning tabs from Blaue Helden, an enhanced appearance catering to online retail, with 100% corrugated cardboard and no plastic filling material at all.
5. In March 2021, International Paper completed the purchase of two state-of-the-art corrugated box plants in Spain. This purchase will enhance the capabilities of the company in Madrid and Catalonia. Corrugated packaging business is of strategic importance to the company with respect to the EMEA. It offers its customers high-quality packaging solutions in the industrial, fresh fruits and vegetables, and e-commerce segments. The two businesses have been the part of International Paper from April 1, 2021.

How Rigid Plastic Packaging Developed Into A Global Industry

Plastic packaging has transformed many industries and countries in the past decades and it's one of the most important materials used by businesses today. As plastic becomes more ubiquitous in everyday life, it's become harder to imagine a world without plastic packaging.

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Introduction

Rigid plastic packaging features a tight seal that prevents products from leaking and outside influences from entering. This technology is relatively new, but has quickly become a staple in the global food industry.

What is Rigid Plastic Packaging and why is it needed?

Rigid plastic packaging is a type of packaging that is made out of a rigid material such as plastic. This type of packaging is used to store products and keep them safe from damage. Rigid plastic packaging is needed because it can be stored and transported easily. Additionally, it can be recycled easily.

Rigid Plastic Packaging History

Rigid plastic packaging is a type of packaging that is made from plastic materials that are very strong and durable. The invention of rigid plastic packaging dates back to the early 20th century, but it did not become widespread until the late 1960s. Today, rigid plastic packaging is a global industry that is used to package many different types of products.

The earliest examples of rigid plastic packaging were used for food products. These packages were made from paper or cardboard and were very fragile. Over time, manufacturers began to develop more durable versions of these packages. Today, rigid plastic packaging is used for a variety of products, including pharmaceuticals, food products, and toys.

Rigid plastic packaging has many benefits over other types of packaging. For example, it is stronger and less likely to tear or damage when it is transported or stored. Additionally, rigid plastic packaging can be designed in a variety of shapes and sizes to fit specific product requirements. This makes it easier for manufacturers to find a suitable package for their product.

Despite these benefits, rigid plastic packaging has had some challenges over the years. For example, it is difficult to produce packages that are both strong and lightweight. Additionally, rigid plastic packages can be expensive

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Types of Plastic Packaging

The global plastic packaging industry has seen a rapid growth over the past few decades due to its many benefits. The three main types of plastic packaging are rigid, flexible, and semi-rigid. Rigid packaging is most commonly used for products that require a high degree of protection from environmental factors such as weather and moisture. It is also common for products that require tight tolerances, such as pharmaceuticals and food items. Flexible packaging is typically used for products that do not need as much protection from the environment or other factors. Semi-rigid packaging is often used for products that need some flexibility, but not as much as flexible packaging.

Companies in the Industry

There are many companies in the rigid plastic packaging industry. Some of the largest companies are 3M, Dupont, and JB Hi-Fi. These companies produce a wide variety of packaging products, including boxes, bags, and sacks. The global market for rigid plastic packaging is estimated to be worth $30 billion by 2020.

The rigid plastic packaging industry has seen rapid growth in recent years due to several factors. First, consumers are increasingly demanding eco-friendly packaging options that reduce environmental impact. Second, the growing popularity of e-commerce has led to increased demand for secure and durable shipping containers and packaging materials. Third, advances in technology have made it easier to manufacture and package products using rigid plastics.

Many of the largest companies in the rigid plastic packaging industry have developed niche products that address specific market needs. For example, 3M specializes in producing high-quality boxes and bags for food and retail products. Dupont produces versatile packaging materials such as sacks and tubes used in retail stores and food delivery vehicles. JB Hi-Fi manufactures a variety of boxes and bags used for storage, shipping, and merchandising applications.

Environmental Impact of the Industry

The production of rigid plastic packaging (RPP) has developed into a global industry with significant environmental consequences. RPP is made from polyethylene and polypropylene, which are two of the most commonly used plastics. The manufacturing process often involves the use of harsh chemicals and high temperatures, which can release harmful pollutants into the environment.

RPP is often used to store food and beverages, making it a major contributor to air pollution. It is also a major source of marine debris, as it often ends up in the ocean after being discarded by consumers. In some cases, RPP can even make its way into the human body through contact with water or food.

There are several ways that RPP can impact the environment. For example, it can release harmful pollutants into the atmosphere when it is manufactured. Additionally, RPP can be a major source of marine debris. When it is discarded, this debris can end up in the ocean, where it can cause damage to marine ecosystems. Finally, RPP often comes into contact with water or food, which can lead to pollution and health hazards.

Conclusion

The rigid plastic packaging industry has truly come a long way since its humble beginnings in the 1950s. Back then, it was predominantly used to protect food during shipment and storage. Today, the industry is much larger and more diverse, with applications that go beyond just food packaging. Rigid plastic packaging can be found in a variety of industries, from automotive to consumer goods, and is essential for both mass production and consumer-driven economies. Thanks to advances in technology and the increasing demand for products that are safe and easy to store, the rigid plastic packaging industry is poised for continued growth in years to come.

10 Reasons Why You Should Invest In Laminated Labels Making Your Business A Success

Labels are a great way to promote your business. They can be used anywhere and for anything - from displaying your product's name, logo, slogan, or phone number on the item itself, to giving out around the store for lost items. But did you know that investing in laminated labels is also an excellent way to increase your profits?

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The Benefits of Labels

Labels play an important role in your business. They can help you to identify your products and make them easier to find. They can also help you to market your products more effectively.

There are several benefits to using laminated labels for your business. First, they are durable. This means that they will not break or wear down easily. Second, they are easy to use. You do not need special skills or knowledge to apply them correctly. Finally, they are attractive. This means that customers will be drawn to them and will be more likely to buy your products.

If you invest in laminated labels for your business, you will see a number of benefits. They will help you to improve your product identification, branding, and marketing efforts. In addition, they will make it easier for you to sell your products and reach new customers.

What Are Laminated Labels?

Laminated labels are a great way to make your business more efficient. They are made from two sheets of paper that are folded together. The first sheet is the front of the label, and the second sheet is the back. When you want to use the label, you just unfold it and press it against the product or container.

Laminated labels have several benefits that make them a good choice for businesses. First, they are sturdy. This means that they will not tear or lose their print quickly. Second, they are easy to read. This is because the text is printed on both sides of the label. Third, they are resistant to moisture and chemicals. This means that you can use them in areas where there is a risk of contamination.

Overall, laminated labels are a great way to make your business more efficient and easier to operate. They have several benefits that make them a good choice for businesses of all sizes.

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10 Reasons Why Business Owners Should Invest In Laminated Labels

1. Laminated labels make your business look professional.

2. Laminated labels protect your products from dirt, dust, and scratches.

3. Laminated labels keep your products fresh and looking new.

4. Laminated labels can help to identify your product in a busy store or market place.

5. Laminated labels make your products easier to find when you need them.

6. Laminated labels can help to keep customers informed about the latest sales and deals on your products.

7. Laminated labels can help to increase the number of sales you make each day.

8. Laminated labels can help you track inventory levels and ensure that you are always meeting customer needs.

9. Laminated labels can help you stay organized and keep track of all the important information about your business.

10. Laminated labels can be custom printed to match the branding and image of your business perfectly!

The Cost of Laminated Labels: Who Should Pay?

When it comes to laminating labels, there are a few things to keep in mind. First, the cost of laminating labels can vary depending on the size and type of label that is needed. Second, who should pay for the labor involved in laminating labels? If you are printing your own labels, you will likely have to pay for the labor involved in producing the labels. However, if you outsource the printing and lamination process to a company or individual, you may be able to save money on the labeling project.

Another important consideration when it comes to costs for laminating labels is how long they will last. Laminated labels typically last for several years without any problem. However, if proper care is taken (e.g., cleaning and drying after use), they can last up to 20 years without any degradation in quality.

So, when it comes to costs and longevity, it is important to weigh all of the factors involved before making a decision about whether or not to invest in laminated labels.

Conclusion

Laminated labels make your business look professional and can help increase brand recognition. They are also durable, so you won’t have to worry about them tearing or falling off your product during transportation or storage. Plus, they can be customized with your company’s logo and colors, which will give your products a unique look that is sure to attract attention. So why wait? Invest in laminated labels today and see the positive results for yourself!

A blog that provides an overview of the benefits and benefits of a laminated label.

Laminated labels are a great way to increase the visibility of your business. They can help to attract new customers and boost sales. Here are some reasons why you should invest in laminated labels for your business:

1. Laminated labels are durable. They can resist water, wear and tear, and scratches. This means that they will look good even after years of use.

2. Laminated labels are easy to read. They're designed to be legible from a distance, which makes it easy for customers to find the information that they need.

3. Laminated labels are attractive. They come in a variety of colors and designs, which will match the theme of your business perfectly.

4. Laminated labels are cost-effective. They're not as expensive as other marketing materials, such as billboards or placards. This means that you can afford to use them in various areas of your business.

How The Upscale Online Liquid Packaging Market Adds Revenue Without Adding Cost

Liquid packaging is not a new concept. A vast majority of liquid products are sold in packaging that came pre-made and sealed. However, due to the advancements in the digital age, this type of packaging is becoming outdated and why consumers are starting to demand more upscale packaging. In this blog post, you'll be learning more about how the upscale market is growing and what that means for your business!

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What is online liquid packaging?

Online liquid packaging is a new trend in the industry that has been growing in popularity over the past few years. It is a process of packaging products that are intended to be consumed or used soon after they are manufactured. This type of packaging is becoming more common because it is convenient for customers and it saves money on shipping. The upscale online liquid packaging market adds revenue without adding cost. 

There are a number of reasons why online liquid packaging is becoming more popular. One reason is that it is less expensive than traditional packaging methods. For example, using plastic bottles to ship products can be expensive because it requires transportation and disposal costs. Online liquid packaging eliminates these costs because the products are packaged in containers that can be disposed of easily. Additionally, online liquid packaging allows companies to reach a wider audience more quickly than traditional shipping methods. This is because online retailers can offer their products globally without having to worry about customs restrictions. 

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Another benefit of online liquid packaging is convenience for customers. Many people prefer to purchase products that are ready to use right away, rather than waiting for them to arrive in the mail. Online liquid packaging allows customers to pick up their orders from any location worldwide. This makes shopping convenient for people who live in remote

How does online packaging save money?

Packaging has always been an expensive affair, and the cost of goods continues to rise. In response, companies are beginning to turn to online packaging solutions in order to cut costs. 

Online packaging solutions offer a number of advantages over traditional methods. For one, online solutions are often more cost-effective. Secondly, they can be customized to meet the specific needs of a company. Additionally, online packaging can be delivered quickly and efficiently, which is important in today’s market. 

Online packaging solutions are also becoming increasingly upscale. This is thanks in part to the increasing popularity of luxury goods. As luxury brands continue to expand their ranges, they require higher-quality packaging that is both elegant and functional. Online packaging providers have responded by creating packages that match the standards set by luxury brands. 

In short, online packaging solutions offer a number of benefits that can save companies money on costs associated with traditional packaging methods. As online packaging becomes more upscale, companies will continue to rely on it in order to reduce costs while still meeting customer demands.

What are the benefits of online packaging?

From a cost and revenue standpoint, online packaging has many benefits. For one, it is more affordable than traditional packaging methods. This is because online packaging is done in bulk, which reduces the costs associated with packaging. Additionally, online packaging eliminates the need for labor and can be delivered quickly and easily. This saves businesses time and money. Finally, online packaging can be customized to meet specific needs and preferences.

How to become an online merchant

The online liquid packaging market is growing quickly, and with good reason. A recent study by Packaging Digest found that the upscale online liquid packaging market is expected to grow from $2.5 billion in 2017 to $5.8 billion by 2021. The market has a lot to offer merchants, including revenue growth and lower costs. Here are four tips for becoming an online merchant in the liquid packaging market:

1. Consider your product niche. 

The upscale liquid packaging market is diverse, and so is the customer base. You'll need to decide which category of liquids you want to sell (cosmetics, fragrances, food products), and then focus on developing products that appeal to that niche. This will help you narrow down your product selection and make better decisions about which products to sell.

2. Choose a platform that's right for you. 

There are a number of platforms available for online merchants in the liquid packaging market, including Amazon Web Services (AWS), Shopify, and Bigcommerce. It's important to choose one that fits your business needs and budget. AWS is popular because it offers a high level of flexibility and security, while Shopify

What are some strategies to market and sell your product on Limited Edition Daily?

Some strategies to market and sell your product on Limited Edition Daily include creating a blog, increasing social media engagement, and working with influencers. Additionally, consider developing marketing materials such as flyers, catalogs, or e-commerce listings. By implementing these strategies, you can increase revenue without adding cost.

Global Fire Stopping Materials Market New Industry Revenue Pockets

The fire stopping materials market size is estimated to be USD 1.4 billion in 2021 and is expected to reach USD 2.4 billion by 2026, at a CAGR of 11.6%during the forecast period.Fire stopping is a fire protection system for sealings of any openings to prevent fire, smoke, and heat from passing multiple components. They are generally used in warehouses, office complexes, commercial and industrial buildings. The components of fire stopping materials are made of fire retardant and intumescent materials as well as cementitious motors, silicone, and mineral fibers and rubber compounds. They are majorly used in electrical, plumbing, mechanical, building and construction applications. 

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Based on type, the fire-stopping materials market is segmented asmortars, sealants, cast-in devices, boards, putty and putty pads, collars, wraps/strips, and others. Sealants are estimated to have a larger share in the fire stopping materials market followed by the mortars.  Putty and putty pads are the fastest leading type of fire stopping materials.Putty is a material with high plasticity, similar in texture to clay or dough, typically used to seal gaps during construction. Firestop putty are mainly used for electrical outlet boxes, sealing pipe and cable insulation, construction joints, solid ceilings, and lightweight partitions to increase their fireresistance. It provides full protection against the spreading of smoke and fire during a fire accident. It also provides excellent adhesion to construction substrates and penetrants including gypsum, metal and plastic.These properties are expected drive the demand of putty and putty pads during the forecast period.

Based on application, the fire-stopping materials market has majorly been segmented intoelectrical, mechanical, plumbing and others.The fire-stopping materials market size for electricalapplications accounted for the largest share of global fire-stopping materials, in terms of value, in 2020. The development of high-rise apartments is increasing, these infrastructures require sophisticated electrical systems including switchboards, cables, conduit and outlets. Due to strict regulations, it is necessary to install fire stopping systems within these facilities.These factors are the major drivers for the electrical applications of fire stopping materials market.

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Based on end-use, the fire stopping materials market has majorly been segmented intocommercial, industrial and residential.The fire stopping materials market size for commercial applications accounted for the largest share of global fire stopping materials, in terms of value, in 2020. The market for commercial construction  has been driven by the strict building codes and increasing construction projects in the developed and developing economies of APAC,  North America and Europe.

On the basis of region, North Americais estimated to be the largest market for fire stopping materials in 2020.APAC is estimated to be the fastest-growing region in the global fire stopping materials market in forecast period. The increasing population in the region, accompanied by the development of new technologies and products is projected to make this region an ideal destination for the growth of the fire stopping materials. Improved lifestyle and increasing income also help the market to flourish in developing economies of the region.Many foreign players are investing in the construction industry of APAC and North America. This gives a huge boost to ongoing developments. Thus, the market for fire stopping material is expected to register very high growth in these regions.

The key market players profiled in the report include Hilti Corporation (Liechtenstein), 3M (US), Etex Group (Belgium), Knauf Insulation (US), Specified Technologies Inc (US), Sika  AG(Switzerland), RectorSeal Corporation (US), BASF SE(Germany), RPM International Inc.(US), Morgan Advanced Materials (UK), Rolf Kuhn GmbH (Germany), Tenmat Ltd. (UK), Encon Insulation Ltd. (UK), Fischerwerke GmbH & Co. KG (Germany), Saint-Gobain Group (France), Rockwool International AS (UK), SupremexEquipments (India), Walraven (The Netherlands), Everkem Diversified Products (US), Abesco Fire Ltd. (UK), Lloyd Insulations (India), Den Braven (The Netherlands), HoldRite (US), Unique fire stop products Inc. (US), and Fire Seals Direct (UK).