The global e-commerce packaging market size is slated for considerable expansion from USD 48.81 billion in 2021 to USD 140.86 billion in 2028 owing to the rising number of smart phone users across the world, finds Fortune Business Insights in its report, titled “E-Commerce Packaging Market, 2021-2028”, the e-commerce packaging market stood at USD 42.66 billion in 2020. It is set to exhibit a CAGR of 16.3% during the forecast period. Information source: https://www.fortunebusinessinsights.com/e-commerce-packaging-market-104885 Market Segmentation: On the basis of type, this market is classified into plastic, corrugated boxes, paper, and others. By application, the market is divided into food and beverage, consumer electronics, personal care and cosmetics, fashion and apparel, and others. In terms of geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Drivers/Restraints: Increasing Number of Working Population across the World to Fuel the Market Over the years, there has been a substantial increase in the working population across the world due to the rising urbanization rate worldwide. This has led to an increasing consumer inclination towards the use of the internet and other latest technologies by most of people in order to buy essential products through various e-commerce websites such as Myntra, Flipkart, and others. Thus, this is a crucial factor driving the growth of this market