Home > Packaging > Industrial Packaging > Bulk Packaging > Contract Packaging Market

Contract Packaging Market Trends

Report ID: GMI5833
Published Date: May 2023
Report Format: PDF

Download Free Sample

Contract Packaging Market Trends

Trends in the contract packaging market include the rising focus on sustainable & eco-friendly packaging solutions, increased customization & personalization options, the growth of e-commerce packaging, and the adoption of automation and robotics in packaging processes.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for contract packaging was valued at over USD 45 billion in 2022 and is anticipated to grow at a CAGR of over 6% between 2023 and 2032, owing to focus among enterprises to leverage the expertise & resources of contract packaging providers, leading to cost savings, increased efficiency, and improved productivity.

Pharmaceutical segment held a market share of over 20% in 2022 and is expected to grow at a significant rate through 2032, due to the increasing demand for specialized packaging & labeling that is compliant with stringent regulations.

North America dominated the global contract packaging industry with over 35% share in 2022, attributed to the presence of strong manufacturing and retail industries in the region, along with high demand for efficient & customized packaging solutions, increasing outsourcing trends, and a focus on sustainability.

Aaron Thomas Company Inc., Ameripac Inc., Assemblies Unlimited Inc. Deufol SE, and DHL are some key players in contract packaging business.