It has led to the rise in popularity of digital e-commerce web platform like shipt, Walmart, Instacart, Amazon and many more as numerous people finds digital e-commerce services reliable and safe during this time. Almost every customers practicing social distancing rely on this home delivery service the most and are willing to continue this for the next time as well. This has also changed the shopping behavior of the consumers on the geographical level. For instance, it has been witnessed that as compared to U.S., countries like Germany, U.K. and Japan do lack in shopping criteria basically in essential food items and groceries. This can be due to the leniency of U.S. law towards this COVID-19
With respect to shopping behavior while purchasing the item, people have begun stocking the housing essentials including mask, sanitizers, toilet papers and others. This act has negatively affected the overall e-commerce industry to some extent as the companies are failing in fulfilling the huge demand. Thus, this results into an increase in the price of essential items in an uncontrolled way due to this panic buying pattern. It just looks like everyone has to be the leader in the ongoing race of purchasing up unnecessary and irregular items. Based on the gender, it has been noticed that men are less concerned towards the ill effect caused due to this Covid 19 but are active in online shopping. Not only in U.S. there is an increase in new users downloading the wholesale mobile app but it also has be seen an increasing trend from India too. From January 2020, there is almost 50% hike in users who have spent on online and e-commerce app. On the other hand, in South Eastern countries like Thailand, Malaysia and Singapore among others, it has been witnessed a decline in the conversion rates in e-commerce apps. To overcome this e-commerce companies are taking initiatives to shift the consumer behavior towards at a quick rate and have reached more than 1million users on the daily baisis.
Global e-commerce Logistics 2020: A Covid-19 Update analyses the full impact of the Covid-19 crisis on the e-commerce market as well as assessing trends and opportunities outside of the fallout from Covid-19.
The market analysis on the E-commerce offers a bird’s eye view of the current proceeding within the E-commerce market. The market analysis report has incorporated an analysis of various factors that augment the markets growth. It constitutes restraints, trends, and drivers that transform the market in either a negative orpositive manner.
Global Retail E-Commerce Packaging Market, By Product Type (Protective Packaging, Boxes, Mailers, Labels, Tape, Others),Merchandise Type (Consumer Electronics, Fashion, Home Furnishings, Health, Personal Care & Beauty, Recreation Goods, Multimedia & Software, Food & Beverages, Home Care, Others),Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel,Rest of Middle East and Africa),Industry Trends and Forecast to 2027
Retail e-commerce packaging market will reach an estimated valuation of USD 21.14 billion by 2027, while registering this growth at a rate of 5.0% for the forecast period of 2020 to 2027. Retail e-commerce packaging marketreport analyses the growth, which is currently being owed to theavailability of good and services.
Increasing online shopping due to easy return policies, faster delivery and no shipping cost, rising demand of packaged food and beverages, surging levels of income of the people and growing electronic sector will likely to accelerate the growth of the retail e-commerce packaging market in the forecast period of 2020-2027.
Increasing environmental issues along with corrugated packaging will likely to hamper the growth of the retail e-commerce packaging market in the above mentioned forecast period.
On the basis of the end users/applications,
Small and Medium Enterprise
In addition to this, regional analysis is conducted to identify the leading region and calculate its share in the global International E-commerce market. Various factors positively impacting the growth of the International E-commerce market in the leading region are also discussed in the report. The global International E-commerce market is also segmented on the basis of types, end users, geography and other segments.
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