2024.11.25 GoodsFox Daily E-commerce News:
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Ultra-Absorbent Car Drying Towels Sell Over 80,000 Units in One Day - EU Packaging Regulations to Impact Ecommerce Logistics in 2025
- Global Fitness Market to Hit $95 Billion by 2025
- Philippines Tightens Ecommerce Tax Rules
- Temu Now Open to All US Sellers
1. Ultra-Absorbent Car Drying Towels Sell Over 80,000 Units in One Day
Source: GoodsFox
2. EU Packaging Regulations to Impact Ecommerce Logistics in 2025
The EU's upcoming Packaging and Packaging Waste Regulation (P&PWR) is set to take effect in early 2025. The regulation aims to minimize packaging waste, reduce plastic use, and promote sustainability. It mandates that packaging weight and volume align strictly with product protection needs. By 2030, empty space within logistics packaging must not exceed 50% of the total package volume. Sellers shipping irregularly shaped items may face challenges adapting to these rules, risking penalties or market exclusion.
3. Global Fitness Market to Hit $95 Billion by 2025
The global fitness and outdoor recreation market has grown significantly in recent years. In 2023, the market was valued at $70 billion and is projected to reach $95 billion by 2025, with a CAGR of over 6%. This growth is driven by rising health awareness, the influence of social media fitness influencers, and advancements in smart fitness technology, including wearables and app integrations.
4. Philippines Tightens Ecommerce Tax Rules
The Philippines Bureau of Internal Revenue (BIR) has announced stricter regulations for ecommerce sellers. All online businesses, regardless of size, must register with the BIR. Non-compliance could result in a minimum five-day suspension under the Online Kandado Program. BIR is collaborating with major platforms to ensure seller registration and encourages consumers to request official receipts.
5. Temu Now Open to All US Sellers
Ahead of the holiday season, Temu has removed its invite-only policy, allowing all US sellers to register. The simplified application process takes about 10 minutes, with approval typically completed within one business day. This move positions Temu as a strong competitor to Amazon, aiming to attract more local brands and independent sellers.
GoodsFox Daily E-commerce News: Discover TikTok’s trending car towels, EU packaging rules, global fitness growth, and Temu’s new seller policies.
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