Press release
Business Opportunities in Contract Packaging Market Top Manufacturers, Insights and Forecasts Report 2026
Transparency Market Research offers key market acumens of global contract packaging market in its newly published report, which includes global industry survey, share, growth, size, trends, along with forecast for 2021-2026. In terms of global revenue, the contract packaging market is anticipated to register growth at 6.6% CAGR during the forecast period, of which TMR provides a detailed analysis of lucrative growth opportunities in the contract packaging market report.
Contract packers provide brands and manufacturers with better results in packaging and overall channel fulfilment. Contract packers are becoming key for distribution channels. Contract packaging companies are uniquely positioned in the value chain and can extend their offering to cater to the demand from end users. Contract packaging companies offer services starting from creative packaging to last minute optimization.
๐๐๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ -https://www.transparencymarketresearch.com/contract-packaging-market.html
For instance, Coregistics, Atlanta-based Company acquired Cano Packaging Corporation to allow the company to better access and dominate POP packaging services. Contract packaging services ensure better integrated, managed, and allows flexibility for manufacturers who are facing production postponement and other issues that can impact overall cost of production. Contract packaging companies generally offer cost savings, relieve channel management issues, and are full service marketing fulfilment companies.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=69032
The most significant trend shaping the contract packaging industry is moving from tactical role to a strategic imperative for companies. Contract packers are now involved in strategic supply chain decisions such as vendor selection & qualification, as well as product development, formulation, and quality assurance. Moreover, contract packaging firms are adopting the Omni-channel distribution strategy that gain attention of customers from both online and instore sales of products.
Moreover, contract packaging companies are moving toward specialization, innovations, and value-added services. These trends represent that contract packaging industry is growing & contract packagers are arguably more important today than they were in past.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=69032
๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐ญ๐จ ๐๐๐ข๐ง ๐๐๐ฑ๐ข๐ฆ๐ฎ๐ฆ ๐๐ซ๐จ๐ฎ๐ง๐
Emerging countries of Asia Pacific, such as China and India, are anticipated to have a positive potential in the contract packaging market. China to represent more than quarter of the total market share, by value, of the contract packaging market. This can be accredited to increasing demand from processed food companies in the region. High manufacturing value added in China, which was around US$ 1.4 Trn in 2018 according to World Bank, can also be one of the factors boosting the contract packaging market growth in the region. However, the United States is expected to remain at the top due to a mature pharmaceutical sector as well as growing manufacturing sector in the region.
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ฒ ๐๐จ๐ง๐ญ๐ซ๐๐๐ญ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ
Companies that excel in offering small sized packaging are likely opt for other sizes and technologies, similar to those who hold market share in a single location, and would enter mergers or acquisitions, which allow them to explore newer markets.
In August 2021, Catalent Inc. announced that it has reached an agreement to acquire Bettera Holdings, LLC, a major manufacturer in the nutritional supplements market, for $1 Bn
In February 2021, Catalent Inc. launched CosmoPodยฎ Duo, a new dual chamber capsule for beauty and consumer health topical applications
In October 2020, Catalent Inc. launched OptiGelยฎ DR, a delayed/enteric release softgel for pharmaceutical and nutraceutical applications
๐๐จ๐ง๐ญ๐ซ๐๐๐ญ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Key market players in the contract packaging market are focusing on strategic expansions and acquisitions to maintain their supremacy across the regions and eyeing lucrative growth offered by emerging markets:-
On June 2020, Jones Healthcare Group said that it would invest heavily in its packaging services offering in June 2020, that features a fully integrated two-lane Uhlmann blister packaging process. As more complex pharmaceutical dose forms and regimes evolve clinically and economically, the fully automated equipment is expected to boost the firm's capacity to manage demand surges and unique blister combinations.
On May 2020, Quality Packaging Specialists International LLC sold a pharmaceutical packaging factory to Sharp (UDG Healthcare PLC) in May 2020. (QPSI). The 160,000-square-foot complex has received complete regulatory approval. It has 12 major manufacturing facilities and many secondary packaging lines to provide both primary and secondary pharmaceutical packaging services, such as bottling, blistering, vial labelling, medical device kitting, and serialization.
Key players profiled in the report include Aaron Thomas Company, Reed-Lane, Inc., Jones Packaging, Multi-Pack Solutions, LLC, and Sonoco Products Company, UniCep Packaging, Stamar Packaging Inc., and other small-scale contract packaging manufacturers.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=69032
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐ญ๐ซ๐๐๐ญ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Contract Packaging Market by Product Type
Bottles
Bags & Pouches
Sachets & Stickpacks
Boxes & Cartons
Blisters & Clamshells
Vials & Ampoules
Flow Wraps
Others
Contract Packaging Market by Service
Bottling
Bagging/Pouching
Lot/Batch & Date Coding
Boxing & Cartoning
Wrapping & Bund
Labelling
Clamshell & Blister
Others
Contract Packaging Market by End-use Industry
Food & Beverage
Pharmaceuticals
Cosmetics
Agriculture
Personal Care
Contract Packaging Market by Region
North America
Latin America
Europe
Asia Pacific
MEA
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
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Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
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Email: sales@transparencymarketresearch.com
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