Report ID: SQMIG25Z2007
Report ID:
SQMIG25Z2007 |
Region:
Global |
Published Date: February, 2024
Pages:
262
|
Tables:
63 |
Figures:
67
Sustainable E-Commerce Market size was valued at USD 11.29 billion in 2019 and is poised to grow from USD 13.06 billion in 2023 to USD 40.75 billion by 2031, at a CAGR of 15.38% during the forecast period (2024-2031)
Sustainable E-Commerce is becoming popular since it helps to Improve public perceptions and increase brand loyalty,Ensures effective storage and lower storage cost, reduces shipping cost,Eco friendly, allows versatile and innovative packaging,Beneficial to customers,increases sales.
As more products become more accessible through ecommerce, The unprecedented rise in the negative impact on the environment is seen.In order to reduce this negative impact accessible through ecommerce, sustainable packaging is being used all across the industry.Sustainability enable ecommerce business model and compasses 360 degree perspective from product design and development, material sourcing, manufacturing, labor environment, supply chain operation, active engagement in public stances about the environment.
The brand loyalty can be increased through sustainable e-commerce by incentivising consumers to reuse the packaging, which can help not only introduce packaging costs in the long run, but serves as a free branding.
US Sustainable E-Commerce Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONSustainable E-Commerce Market size was valued at USD 11.29 billion in 2019 and is poised to grow from USD 13.06 billion in 2023 to USD 40.75 billion by 2031, at a CAGR of 15.38% during the forecast period (2024-2031)
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Report ID: SQMIG25Z2007