Packaging Contract Manufacturing Market was valued at USD 35.3 Billion in 2022 and is projected to reach USD 52.4 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global packaging contract manufacturing market was valued at approximately USD 25.3 billion in 2022 and is projected to reach around USD 34.1 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.5% during this period. This growth is driven by increasing demand for outsourcing packaging functions among various industries, including pharmaceuticals, food and beverages, and consumer goods. Factors such as the rising need for cost-effective and scalable packaging solutions, as well as advancements in packaging technology, are fueling this market expansion. The increasing complexity of packaging requirements and the growing trend of sustainable packaging solutions are also contributing to the market's upward trajectory.Emerging markets present significant opportunities for packaging contract manufacturing. Regions such as Asia-Pacific, Latin America, and the Middle East are experiencing rapid industrialization and urbanization, leading to higher demand for packaged products. This trend is further supported by rising consumer spending and changes in lifestyle. Additionally, the growth of e-commerce and the need for innovative packaging solutions to enhance product appeal and ensure supply chain efficiency are opening new avenues for market players. As companies continue to focus on core competencies and seek operational efficiencies, the trend towards outsourcing packaging functions is expected to gain further momentum, providing ample growth prospects in these emerging markets.
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Deufol
Stamar Packaging
Unicep Packaging
Summit Packaging Solutions
Aaron Thomas
CCL Industries
Co-Pak Packaging
GPA Global
Jones Packaging
Multi-Pack Solutions
Caris Life Sciences
Reed-Lane
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Packaging Contract Manufacturing Market
Food and beverage
Consumer goods
Personal care
Pharmaceutical
Other
Based on Types the Market is categorized into Below types that held the largest Packaging Contract Manufacturing market share In 2023.
Blister packaging
Contract packaging
Food packaging
Secondary packaging
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Packaging Contract Manufacturing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Packaging Contract Manufacturing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Packaging Contract Manufacturing Market, By Type
6. Global Packaging Contract Manufacturing Market, By Application
7. Global Packaging Contract Manufacturing Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Packaging Contract Manufacturing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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