E-commerce Sales Surge Leading to Increased Demand for Corrugated Boxes
The Impact of E-commerce on Box Usage
E-commerce sales are soaring, with American consumers purchasing $291.6 billion worth of goods online in the second quarter of 2024. This marks an increase of 1.3% from the previous quarter and 6.7% year-on-year, significantly outpacing total retail sales growth of 2.1%.
Industry Response and Box Shipment Trends
- Companies like Amazon are seeing share price increases, with a remarkable 20% rise this year.
- The Fibre Box Association reports a 3.2% rise in corrugated box shipments, emphasizing its seasonal growth.
- Over 96 billion square feet of cardboard were delivered across the U.S.
Connecting E-commerce and Box Shipments
While Rachel Kenyon from the FBA notes that not all box shipments directly correlate with e-commerce, the latter certainly plays a significant role. There's a distinct difference between online and physical retail, with the pandemic era amplifying cardboard box deliveries. As we resume shopping in physical stores, online purchases still dominate the cardboard market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.