Press release
Contract Packaging Market Size 2023-2028: Global Share, Trends Analysis and Industry Growth
Contract Packaging Market
Contract packaging, or co-packaging, provides businesses with the option to outsource their packaging and supply chain needs to other companies. It encompasses tasks such as primary and secondary packaging of finished goods, building point-of-purchase (POP) displays, managing inventory, and distributing products to the market or directly to consumers. Contract packaging offers access to resources, including printing services, a skilled labor force, and research and development (R&D) capabilities. It is commonly employed in bulk manufacturing and cargo shipping. Consequently, contract packaging finds extensive applications across several sectors, such as pharmaceuticals, retail, personal care, etc.
How Big Is the Contract Packaging Market?
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.
Read Full Report: https://www.imarcgroup.com/contract-packaging-market
Global Industry Trends and Drivers:
Contract packaging, or co-packaging, provides businesses with the option to outsource their packaging and supply chain needs to other companies. It encompasses tasks such as primary and secondary packaging of finished goods, building point-of-purchase (POP) displays, managing inventory, and distributing products to the market or directly to consumers. Contract packaging offers access to resources, including printing services, a skilled labor force, and research and development (R&D) capabilities. It is commonly employed in bulk manufacturing and cargo shipping. Consequently, contract packaging finds extensive applications across several sectors, such as pharmaceuticals, retail, personal care, etc.
Request a free sample of report: https://www.imarcgroup.com/contract-packaging-market/requestsample
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
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
The report provides a comprehensive analysis of the industry key players listed below:
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.).
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=6087&flag=C
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Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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