Packaging

The Rising Demand in Healthcare and Consumer Goods Will Drive Growth in the Contract Packaging Market

Purvaja

The Rising Demand in Healthcare and Consumer Goods Will Drive Growth in the Contract Packaging Market

The contract packaging market involves outsourcing packaging operations and services to third-party suppliers. Contract packaging offers various benefits such as reducing costs, improving operational flexibility, and removing the capital expenditure burden associated with packaging equipment and facilities. The products are packed based on pre-defined requirements of brands at various contract packaging facilities. The global contract packaging market is estimated to be valued at US$ 76.46 Mn in 2024 and is expected to exhibit a CAGR of 7.1% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the Global Contract Packaging Market Demand include SUSI Studio, Insecta Shoes Canada Inc. ROMBAUT, In The Soulshine, Della La LLC, Reformation, Alabama Chanin, Wawwa, Doshi FCSA, Hiareth Collective, Komodo Fashion, Brave Gentle Man, ECOALF, Rapanui, and Tact & Stone. The growing demand from end-use industries such as healthcare, cosmetics, food and beverages, and consumer goods is driving the growth of the contract packaging market. Technological advancements in packaging machines have increased packaging line efficiency and reduced costs.

Market Trends

Sustainability is a key trend in the contract packaging market. Growing consumer demand for eco-friendly packaging solutions is prompting brands to switch to sustainable packaging formats such as paper-based packaging and recyclable materials. Automation is another major trend with contract packagers adopting automated packaging lines featuring robotics and artificial intelligence for high throughput with consistency and reduced labor costs.

Market Opportunities

The rising demand from the healthcare industry for primary and secondary packaging of pharmaceutical products and medical devices will create lucrative opportunities for contract packagers. Growing demand for single-dose and child-resistant packaging from the consumer goods industry especially for food, beverages and cosmetic products is another key opportunity. Investment in innovative packaging formats such as customized, personalized and interactive packaging can help contract packagers boost their service offerings and tap into new revenue streams.

Impact of COVID-19 on Contract Packaging Market

The outbreak of the COVID-19 pandemic has significantly impacted the growth of the contract packaging market. During the initial months of the pandemic, with lockdowns imposed worldwide, the supply chains and production facilities of many companies were disrupted. This led to reduced demand for contract packaging services from various end-use industries such as food and beverages, consumer goods, personal care and others. However, with people forced to stay indoors, the demand for packaged foods and other consumer goods saw an uptick. This led to contract packagers focusing more on scaling up their production capacity and efficiency to meet the increasing demand from food and consumer goods companies.

As restrictions eased in many countries from mid-2020, contract packagers tapped into opportunities emerging from increased demand for packaged healthcare and hygiene products like sanitizers, masks and others. They modernized their facilities with advanced automation and robotics to ensure smooth operations while maintaining social distancing protocols. This helped improve production throughput. The pandemic also accentuated the need for flexible business models. Many contract packagers introduced value-added services like customized labelling, kitting and line integration to better serve varied client requirements. Looking ahead, robust growth in e-commerce is expected to drive the contract packaging market post-pandemic as well.

In terms of geography, North America dominates the global contract packaging market in terms of value. This is due to high demand from major end-use industries like food and beverage, consumer goods and pharmaceutical located in the US and Canada. Asia Pacific follows North America and is expected to be the fastest growing regional market during the forecast period. Countries like China, India and Vietnam offer lucrative opportunities for contract packagers to cater to the booming domestic demand as well as capitalize on exports.

For more details on the report, Read- https://www.marketwebjournal.com/contract-packaging-market-growth-demand-and-overview/

Purvaja

Contract Packaging Market Growth Drivers, Restraints And Forecast 2022-2027

Rahul Kumar Yadav 2023-07-26

The Contract Packaging Market has witnessed significant growth in recent years, driven by several key factors. As businesses focus on core competencies and cost-efficiency, they are outsourcing their packaging needs to specialized contract packaging companies. Another major growth driver for the Contract Packaging Market is the rise of e-commerce. Despite these growth drivers, the Contract Packaging Market also faces certain restraints. The Contract Packaging Market is experiencing robust growth due to the increasing outsourcing trend, e-commerce expansion, and sustainability initiatives.

Contract Packaging Market to Reach US$ 60.5 Bn by 2022, Exhibiting a CAGR of 9.7%

sachin sadgir 2023-10-11

Segment Analysis: The Contract Packaging market can be segmented based on the type of packaging, end-use industry, and geography. Firstly, the increasing demand from the food and beverage industry for efficient and cost-effective packaging solutions drives the Contract Packaging Market growth. Moreover, the increasing adoption of sustainable packaging materials and the emphasis on product safety and quality also boost the growth of the Contract Packaging market. In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the Contract Packaging market. , Sharp Packaging Services, UNICEP Packaging, Green Packaging Asia, Jones Packaging Inc.

Contract Packaging Market: Amplifying Growth Creates Opportunities for Key Players

gauri kanale 2023-08-24

A) Market Overview: The global Contract Packaging Market is estimated to be valued at US$55. B) Market Key Trends: One prominent key trend in the Global Contract Packaging Market is the growing adoption of smart packaging solutions. D) Key Takeaways: In terms of market size, the contract packaging market is expected to witness high growth, exhibiting a CAGR of 10. , Sharp Packaging Services, UNICEP Packaging, Green Packaging Asia, Jones Packaging Inc. In conclusion, the contract packaging market is poised for significant growth, driven by increasing demand for personalized packaging solutions and the need for sustainable practices.

Contract Packaging Market Key Players, Share, Size & Latest Trades Report to 2030

Inaya Kausar 2023-07-05

The entire contract packaging market has been sub-categorized into services type and end-user. Request a FREE Sample Copy of Global Contract Packaging Market Report with Full TOC At: https://www. com/report/contract-packaging-marketThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the contract packaging market include Unicep Packaging, Summit Container, Genco, Stamar Packaging, Sharp Packaging, Jones Packaging, Aaron Thomas Company Inc. Purchase complete Global Contract Packaging Market Research Report At: https://www.

The Global Contract Packaging Market Growth Accelerated By Growing Pharmaceutical Industry

Dhanesha Patil 2023-12-15

The need for contract packaging has grown due to increasing demand for pharmaceutical drugs and private label goods. The global Contract Packaging Market is estimated to be valued at US$ 66. Segment Analysis Contract Manufacturing Organization (CMO) sub-segment dominates the contract packaging market currently accounting for over 40% share. Countries in Asia pacific also offer competitive manufacturing and labor costs attracting contract packaging players to set up facilities to cater to global markets. , Sharp Packaging Services, UNICEP Packaging, Green Packaging Asia, Jones Packaging Inc.

Contract Packaging Market Growth and Opportunities Analysis Report 2030

amols shinde 2024-02-23

To address this challenge, manufacturers often enlist the services of third-party packaging companies, also known as contract packaging companies. One of the many benefits of contract packaging is that it lowers manufacturers' operational expenses. Additional factors impacting the global contract packaging market include the expansion of e-commerce companies and the multiplicity of business initiatives across the globe. license=singleAbout We Market Research: WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. Robbin Joseph Corporate Sales, USA We Market Research USA: +1-724-618-3925 Websites: https://wemarketresearch.

WHO TO FOLLOW

MORE FROM AUTHOR

Shipping Containers: From Ship to Shore to Everywhere

Purvaja 2024-04-16

Soundproofing the World: The Quiet Revolution - Advancements in Global Acoustic Insulation

Purvaja 2024-04-16

Aesthetic Excellence: The Beauty and Functionality of Acrylic Teeth

Purvaja 2024-04-12

Flying Innovation: Exploring the World of Unmanned Aerial Vehicle Drones

Purvaja 2024-04-12

Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.

Press enter to search

Pharmaceutical Contract Packaging Is Fastest Growing Segment Fueling The Growth Of Contract Packaging Market

Leena Shedmake 2023-12-06

The global Contract Packaging Market is estimated to be valued at US$ 66. There is also a growing demand for specialized packaging from industries like pharmaceutical, food, and cosmetics where packaging ensures product protection, tamper evidence and extends shelf life. Segment AnalysisThe contract packaging market is segmented into flexible packaging, rigid packaging, and labeling. Regional analysis: North America currently dominates the global market owing to robust pharmaceutical production in the US. , Sharp Packaging Services, UNICEP Packaging, Green Packaging Asia, Jones Packaging Inc.

Global and United States Cannabis Contract Packaging Market Insights, Forecast to 2027

nyraa.roy 2022-01-07

Players, stakeholders, and other participants in the global Cannabis Contract Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027. For United States market, this report focuses on the Cannabis Contract Packaging market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States. 4 Cannabis Contract Packaging Market Estimates and Projections by Region (2022-2027)2.

A Quick Guide on Contract Manufacturing

Lpc Filling 2021-11-23

Many big companies use contract manufacturing to expand their production to stages that would not be achieved in-house. It even includes contract filling and contract packaging services. Disadvantages of Contract Manufacturing The lack of specific control over the quality of the finished product is perhaps the most massive disadvantage of contract manufacturing. You will have to surrender control of the manufacturing process if you use contract manufacturing. Our contract filling services make use of fully automated and semi-automatic boundaries that can manage a wide range of production volumes.

The Role of Luxury Packaging in Consumer Perceptions of Product Quality

Ben Wood 2023-05-05

It creates a sense of exclusivity, prestige, and sophistication that enhances the perceived value of the product. Moreover, luxury packaging can also influence the purchasing decision. In summary, luxury packaging is not just a protective shell for a product; it is a powerful tool that can shape consumer perceptions of product quality, enhance the customer experience, and contribute to a more sustainable future. Another way to promote a luxury product is to include custom closures on the packaging, which will further enhance their perceived value. Other ways to add a touch of luxury to the product packaging are to choose a textured, embossed, or foil finish.

Global Contract Packaging Market Report, Latest Trends, Industry Opportunity & Forecast to 2027

Munushi Vijay 2021-09-18

The Contract Packaging Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.

This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the contract packaging market include Unicep Packaging, Summit Container, Genco, Stamar Packaging, Sharp Packaging, Jones Packaging, Aaron Thomas Company Inc., DHL, Green Packaging Asia, Co-Pak Packaging.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Contract Packaging Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/contract-packaging-market/download-sampleMarket DynamicsThe growing market access, penetration, and greater control of brands enable enormous popularity of contract packaging.

Rising awareness among producers and exporters about the advantages and potentials of contract packing in the developing countries presents an opportunity for the market.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.

Contract Packaging: The Evolving Landscape of Packaging Solutions

Purvaja 2024-03-12

Growth of the Industry The contract packaging industry has witnessed significant growth over the past decade, driven by various factors. With an estimated worth of over $50 billion globally, contract packaging now accounts for around 30% of the overall packaging industry. Changing Faces of Contract Packaging The contract packaging landscape is also becoming more specialized with different models emerging: Full-service packagers: These providers handle the entire packaging process from receiving raw materials to finished goods shipping. Expanding Services Portfolio Today's contract packaging customers demand an expanded suite of value-added services beyond traditional packaging activities. By evolving into comprehensive solution hubs, contract packaging players aim to handle multiple touchpoints across the customer value chain as strategic partners.

North America Pharmaceutical Contract Packaging Market Opportunities, Analysis and Forecast to 2027

Rahul Gautam 2023-01-16

According to the latest report by IMARC Group, titled “North America Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America pharmaceutical contract packaging market size reached US$ 7. Moreover, several healthcare facilities are adopting pharmaceutical contract packaging for providing essential services like assembling, secondary packaging, and labeling of pre-filled syringes, vials, and auto-injectors. In the coming years, the emergence of smart packaging solutions, such as smart labels, will continue to drive the North America market for pharmaceutical contract packaging. type=report&id=1771&flag=CKey Market Segmentation:The report has segmented the North America pharmaceutical contract packaging market on the basis of industry, type, Packaging and country. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide.

Sustainable Packaging: The Role of Flexible Packaging

Steve martin 2023-05-16

With its lightweight and efficient design, flexible packaging offers several advantages in terms of reducing environmental impact and promoting a more sustainable approach to packaging. Compared to traditional rigid packaging, flexible packaging typically requires fewer materials, resulting in reduced waste generation. Many manufacturers now offer flexible packaging options made from recyclable or biodegradable materials, as well as compostable films and laminates. By providing an effective barrier against moisture, air, and light, flexible packaging helps preserve the freshness and quality of products, minimizing spoilage and extending their usable life. By embracing flexible packaging solutions, businesses can align with sustainability goals, meet consumer expectations, and contribute to a greener future.

Pharmaceutical Contract Packaging Market Report 2022 | Global Industry Trends, Forecasts and Opportunity Assessment Till 2028

Ruchita 2022-02-09

The global Pharmaceutical Contract Packaging Market report offers a comprehensive assessment of the market for the forecast years. com/contact/download-sample-32551The Global Pharmaceutical Contract Packaging Market Report is equipped with market data from 2016 to 2026. COVID-19 Impact Analysis on Pharmaceutical Contract Packaging MarketThe global pandemic COVID-19 has affected the Pharmaceutical Contract Packaging market directly or indirectly. Chapter 2: To profile the top manufacturers of Pharmaceutical Contract Packaging, with price, sales, revenue, and global market share of Pharmaceutical Contract Packaging in 2018 and 2019. Directly Purchase the Complete Global Pharmaceutical Contract Packaging Market Research Report @ https://www.

Unlock Growth Opportunities with Professional Contract Packaging Services

Sushil Mahalle's Articles 2023-06-08

By partnering with professional contract packaging services, you gain access to a wealth of knowledge and experience in packaging optimization. Moreover, Contract Packaging services offer the flexibility to scale your production and meet increased demand without the need for significant capital investments. Additionally, professional contract packaging services often bring a diverse range of capabilities, including custom packaging, product labeling, bundling, and more. Among these solutions, contract packaging has emerged as a powerful trendsetter, revolutionizing the way businesses approach their packaging needs. By unleashing the power of contract packaging, companies can unlock a multitude of benefits and elevate their supply chain to new heights of efficiency and success.

Pharmaceutical Contract Packaging Market Analysis Report By Key Players - Berlin Packaging, CCL Industries, Co-Pak Packaging, Gardan - Global Forecast

Stella Jones 2018-09-27

UpMarketResearch offers a latest published report on “Global Pharmaceutical Contract Packaging Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report.

It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.

The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.

The statistics are represented in graphical format for a clear understanding on facts and figures.

The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.

The major manufacturers covered in this report:GencoSharp Packaging ServicesSummit ContainerUnicep PackagingBerlin PackagingCCL IndustriesCo-Pak PackagingGardanGreen Packaging AsiaPCI Pharma ServicesReelvision PrintRopack Pharma SolutionsSignode Packaging SystemsTricorBraunJones PackagingMultipackPharma Tech Industries Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering:United StatesEuropeChinaJapanOther Regions We can also provide the customized separate regional or country-level reports, for the following regions: North AmericaAsia-PacificEuropeCentral & South AmericaMiddle East & Africa On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into: Glass ContainersPlastic BottlesBlister PacksPouchesOther By Application, the market can be split into:Pharmaceutical PlantsHospitalsClinicsOther The Report covers in-depth analysis as follows:Chapter 1 Study CoverageChapter 2 Executive SummaryChapter 3 Market Size by ManufacturersChapter 4 Pharmaceutical Contract Packaging Production by RegionsChapter 5 Pharmaceutical Contract Packaging Consumption by RegionsChapter 6 Market Size by TypeChapter 7 Market Size by ApplicationChapter 8 Manufacturers ProfilesChapter 9 Production ForecastsChapter 10 Consumption ForecastChapter 11 Value Chain and Sales Channels AnalysisChapter 12 Market Opportunities & Challenges, Risks and Influences Factors AnalysisChapter 13 Key Findings in the Global Pharmaceutical Contract Packaging StudyChapter 14 Appendix Buy this report@ https://www.upmarketresearch.com/buy/pharmaceutical-contract-packaging-market “Global Pharmaceutical Contract Packaging Market Industry Analysis and Forecast 2018-2025” report helps the clients to take business decisions and to understand strategies of major players in the industry.

Pharmaceutical Contract Packaging Market Size, Status, Growth | Industry Analysis Report 2023-2032

Jasica Johne 2024-02-03

The new Pharmaceutical Contract Packaging Market report offers a comprehensive study of the current scenario of the market including major market dynamics. The major players in the Pharmaceutical Contract Packaging market include Amcor plc, Ball Corporation, Nipro Corporation, Daito Pharmaceutical Co. Get more information on "Global Pharmaceutical Contract Packaging Market Research Report" by requesting FREE Sample Copy at https://www. com/contact/pharmaceutical-contract-packaging-market/download-sampleMarket DynamicsThe Pharmaceutical contract packaging market is experiencing significant growth, driven by a multitude of factors. The growth and trends of pharmaceutical contract packaging industry provide a holistic approach to this study.

Contract Packaging Market to Record Exponential Growth During 2023 – 2030

MRFR Research 2023-08-24

In this article, we delve into the Contract Packaging Market and explore its impact on the packaging industry. The Global Contract Packaging Market size is projected to be worth USD 59088. Benefits of Contract PackagingOutsourcing Medical Packaging Market operations to contract packagers offers several advantages:Expertise and Resources: Contract packagers possess extensive knowledge and experience in packaging, ensuring high-quality and efficient solutions. Time Efficiency: Contract packagers specialize in Packaging Coating Additives, streamlining processes and reducing time-to-market. com

Pharmaceutical Contract Packaging market Size is Estimated to Reach USD 57.07 Billion by 2027

Precedence Research 2022-01-14

The global Pharmaceutical Contract Packaging Market size is predicted to account USD 57. A recent study by Precedence Research on the pharmaceutical contract packaging market offers a forecast for 2021 and 2027. The study also provides the dynamics that are responsible for influencing the future status of the pharmaceutical contract packaging market over the forecast period. A comprehensive estimate on the pharmaceutical contract packaging market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of pharmaceutical contract packaging during the forecast period. Contact Us: Precedence Research Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, CanadaCall: +1 9197 992 333Email: sales@precedenceresearch.