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Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Feb 03, 2023
Length 145 Pages
SKU # IMRC17761203

Description

Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global contract packaging market size reached US$ 63.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.05% during 2023-2028.

Contract packaging, also known as co-packaging, assists businesses in hiring other companies to manage their packaging and supply chain requirements. It involves the primary and secondary packaging of finished goods, point-of-purchase (POP) display builds, inventory management, and distribution of the goods to the market or directly to the consumer. It offers resources required for printing services, labor force, and research and development (R&D) activities. As a result, contract packaging is utilized in bulk manufacturing and cargo shipping. Besides this, it also finds extensive applications in the pharmaceutical, retail, and personal care industries across the globe.

Contract Packaging Market Trends:
The thriving packaging sector represents one of the key factors propelling the growth of the market. Moreover, contract packaging offers faster turnaround, warehouse and logistics support, increased scalability, and improved productivity. Numerous contract packaging companies have an in-house design team to help come up with the final product packaging, which allows for troubleshooting with prototypes to ensure products best fit the packaging. These companies also provide services, such as sterilization, labelling, shrink-wrapping, plastic/thermoform packaging production, and package assembly. In addition, contract packaging companies work with product managers and manufacturers to consult, plan, customize, and execute the process according to the timeline. Apart from this, contract packaging is increasingly being employed in the food and beverage (F&B) industry as it can aid in reducing costs and improving product visibility. This, coupled with the escalating demand for ready-to-eat (RTE) food products on account of hectic lifestyles and busy schedules of individuals, is creating a positive outlook for the market. Furthermore, the introduction of environment-friendly packaging options is projected to strengthen the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global contract packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on packaging type, material, service and end use industry.

Breakup by Packaging Type:

Primary
Secondary
Tertiary

Breakup by Material:

Plastic
Metal
Glass
Paper and Paperboard

Breakup by Service:

Bottling
Bagging/Pouching
Lot/Batch and Date Coding
Boxing and Cartoning
Wrapping and Bund
Labelling
Clamshell and Blister
Others

Breakup by End Use Industry:

Food and Beverage
Pharmaceutical
Electronics
Personal Care
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aaron Thomas Company Inc., AmeriPac, Assemblies Unlimited Inc., Co-Pak Packaging Corporation, Hollingsworth, Kelly Products Incorporated, Marsden Packaging Ltd., Multi-Pack Solutions LLC, Reed-Lane. Inc., Sonic Packaging Industries Inc., Sterling Contract Packaging Inc. and Unicep Packaging LLC (Silgan Holdings Inc.).

Key Questions Answered in This Report

1. What was the size of the global contract packaging market in 2022?
2. What is the expected growth rate of the global contract packaging market during 2023-2028?
3. What are the key factors driving the global contract packaging market?
4. What has been the impact of COVID-19 on the global contract packaging market?
5. What is the breakup of the global contract packaging market based on the packaging type?
6. What is the breakup of the global contract packaging market based on the material?
7. What is the breakup of the global contract packaging market based on the service?
8. What is the breakup of the global contract packaging market based on the end use industry?
9. What are the key regions in the global contract packaging market?
10. Who are the key players/companies in the global contract packaging market?

Table of Contents

145 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Contract Packaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Packaging Type
6.1 Primary
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Secondary
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Tertiary
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Material
7.1 Plastic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Metal
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Glass
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Paper and Paperboard
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Service
8.1 Bottling
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bagging/Pouching
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Lot/Batch and Date Coding
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Boxing and Cartoning
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Wrapping and Bund
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Labelling
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Clamshell and Blister
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Food and Beverage
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Pharmaceutical
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Personal Care
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aaron Thomas Company Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 AmeriPac
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Assemblies Unlimited Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Co-Pak Packaging Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Hollingsworth
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Kelly Products Incorporated
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Marsden Packaging Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Multi-Pack Solutions LLC
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Reed-Lane. Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Sonic Packaging Industries Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Sterling Contract Packaging Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Unicep Packaging LLC (Silgan Holdings Inc.)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio

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