E-commerce packaging to reach USD 116.1 billion by 2029

The global market for eCommerce packaging was worth USD 75.3 billion in 2024, according to Smithers. The market has increased by an annual average of 16.8% since 2019. As per the new Smithers market report – The Future of E-commerce Packaging to 2029 – demand will increase at a 9.0% compound annual growth rate (CAGR) to reach USD 116.1 billion in 2029.