I would feel pretty let down if this thing showed up in what looks like a totally pointless Pelican case. Plastic waste is a huge problem. This type of behavior is not part of the solution.
When I got a Macbook, the box again was pretty compact compared to the device inside. Same with the iPhone, to a lesser extent.
But when I got an Apple Watch? Good lord that box was massive. Absolutely massive! They for some reason had to package the band fully extended so the box was longer than my forearm. Complete waste of packaging. I have no idea why they did that.