Contract Packaging market grow tremendously at a CAGR of about 10.62% by 2021

ALBANY, NY, April 24, 2017 : The core business of contract packagers is to handle the different packaging process involved in the packaging of product manufacturing companies. Contract packagers handle any type of packaging, and they offer flexibility to manufacturers in handling complex packaging services. Contract packagers are not only involved in the packaging of products. Their services vary from the packaging of products to transportation, logistics, and other process to the final distribution of these products.

Technavios analysts forecast the global contract packaging market to grow at a CAGR of 10.62% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global contract packaging market for 2016-2020.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Contract Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Deufol
GENCO
Sharp Packaging Services
Stamar Packaging
Summit Packaging
Unicep Packaging

Other prominent vendors
Aaron Thomas
CCL Industries
Co-Pak Packaging
DHL
Gardan
Green Packaging Asia
Jones Packaging
Multipack
Pharma Tech Industries
Reed-Lane
Signode

Market driver
Need to reduce operational costs
For a full, detailed list, view our report

Market challenge
Preference for in-house packaging
For a full, detailed list, view our report

Market trend
Growing focus toward sustainable packaging
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.