Global Contract Packaging Market- By Packaging (Primary, Secondary, and Tertiary), End-User (Agriculture, Pharmaceutical, Food & Beverage, Household and Personal Care), and Region- Industry Analysis & Forecast to 2025
The global contract packaging market is expected to grow from USD 29.40 billion in 2020, to USD 42.41 billion by 2024, at a CAGR of 12.1%
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global contract packaging market. The historic years considered for the study are 2016-2018, base year is 2019, estimated year is 2020, and forecast period is 2021-2025.
The key market players are Aaron Thomas Company, Inc., Sonoco Products Company, AmeriPac, Unicep, Reed-Lane, Pharma tech industries, Multi-Pack Solutions LLC, Jones Healthcare group, and Stamar Packaging.
Market Definition
Contract Packaging is also referred as co-packing. The term contract packaging defines the process of assembling a product into final, finished packaging. Contract packaging company gives contract packaging service to the manufacturers and commonly work as an extension of the manufacturer. These services are used in a wide range of manufacturing industries including food, household products, cosmetics, agricultural products, pharmaceuticals, healthcare products, and industrial goods.
Market Drivers:
• Growing pharmaceutical industry and food industry
• Increasing preferences by manufacturers towards contract packaging
• Stringent regulation by government for packaging
Market Restraints:
• Increasing price of raw material
Market Opportunities:
• Rising environmental concerns resulting into growing need of sustainable packaging
Market Challenges:
• Need for R & D expenditure
• Development of eco-friendly alternatives
Regional Analysis:
The global contract packaging market is segmented into North America, Europe, Asia-pacific, the Middle East & Africa, and South America.
North America region is anticipated to dominate the global contract packaging market during the forecast period followed by Europe. The growth in the North America region is attributed to growing demand for contract packaging in the sectors such as food & beverages, pharmaceutical, beauty products, and other segments.
Critical Questions Answered in the report
• What are the key trends in the global contract packaging market?
• How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
• What are the key strategies adopted by the major vendors to lead the global contract packaging market?
• What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, new/journals, white papers, survey papers, associations and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing pharmaceutical industry and food industry
4.2.2 increasing preferences by manufacturers towards contract packaging
4.2.3 Stringent regulation by government for packaging
4.3 Restraints
4.3.1 Increasing price of raw material
4.4 Opportunities
4.4.1 Rising environmental concerns resulting into growing need of sustainable packaging
4.5 Challenges
4.5.1 Need for R & D expenditure
4.5.2 Development of eco-friendly alternatives
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Global Contract Packaging Market, By Packaging
5.1 Introduction
5.2 Primary
5.3 Secondary
5.4 Tertiary
6 Global Contract Packaging Market, By End-User
6.1 Introduction
6.2 Agriculture
6.3 Pharmaceutical
6.4 Food & Beverage
6.5 House hold
6.6 Personal Care
6.7 Others
7 Global Contract Packaging Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Italy
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 Australia
7.4.5 Rest of Asia-Pacific
7.5 Middle East and Africa
7.5.1 South Africa
7.5.2 GCC
7.5.3 Rest of the Middle East and Africa
7.6 South America
7.6.1 Argentina
7.6.2 Brazil
7.6.3 Rest of the South America
8 Competitive Landscape
8.1 Introduction
8.2 Vendor Evaluation Criteria
8.3 Vendor Share Analysis, 2019 (%)
8.4 Recent Developments, 2016-2019
8.4.1 New Product Launches
8.4.2 Partnerships
8.4.3 Mergers or Acquisitions
8.4.4 Business Expansions
9 Company Profiles
(This section covers the Business Overview, Financial Overview, Product/Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
9.1 Aaron Thomas Company, Inc.
9.2 Sonoco Products Company
9.3 AmeriPac
9.4 Unicep
9.5 Reed-Lane
9.6 Pharma tech industries
9.7 Multi-Pack Solutions LLC
9.8 Jones Healthcare group
9.9 Stamar Packaging
10 Appendix
10.1 Discussion Guide
10.2 Customization Options
10.3 Related Reports
List of Tables
Table 1 Global Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 2 Global Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 3 Global Contract Packaging Market, By Region, 2016-2025 (USD Million)
Table 4 North America Contract Packaging Market, By Country, 2016-2025 (USD Million)
Table 5 North America Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 6 North America Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 7 U.S. Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 8 U.S Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 9 Canada Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 10 Canada Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 11 Mexico Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 12 Mexico Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 13 Europe Contract Packaging Market, By Country, 2016-2025 (USD Million)
Table 14 Europe Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 15 Europe Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 16 U.K. Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 17 U.K. Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 18 Germany Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 19 Germany Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 20 France Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 21 France Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 22 Italy Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 23 Italy Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 24 Spain Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 25 Spain Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 26 Rest of the Europe Contract Packaging Market, By Packaging, 2016-2025 (USD Million
Table 27 Rest of the Europe Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 28 Asia-Pacific Contract Packaging Market, By Country, 2016-2025 (USD Million)
Table 29 Asia-Pacific Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 30 Asia-Pacific Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 31 China Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 32 China Contract Packaging Market, By End-User, 2016-2025 (USD Million
Table 33 India Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 34 India Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 35 Japan Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 36 Japan Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 37 Australia Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 38 Australia Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 39 Rest of the Asia-Pacific Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 40 Rest of the Asia-Pacific Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 41 Middle-East and Africa Contract Packaging Market, By Country, 2016-2025 (USD Million)
Table 42 Middle-East and Africa Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 43 Middle-East and Africa Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 44 South Africa Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 45 South Africa Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 46 GCC Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 47 GCC Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 48 Rest of the Middle-East and Africa Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 49 Rest of the Middle-East and Africa Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 50 South America Contract Packaging Market, By Country, 2016-2025 (USD Million)
Table 51 South America Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 52 South America Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 53 Brazil Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 54 Brazil Contract Packaging Market, By End-User, 2016-2025 (USD Million)
Table 55 Rest of South America Contract Packaging Market, By Packaging, 2016-2025 (USD Million)
Table 56 Rest of South America Contract Packaging Market, By End-User, 2016-2025 (USD Million)
List of figures
Figure 1 Global Contract Packaging Market: Market Segmentation
Figure 2 Global Contract Packaging Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Contract Packaging Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Contract Packaging Market: Porter's Five Forces Model Analysis
Figure 9 Global Contract Packaging Market: Value Chain Analysis
Figure 10 Global Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 11 Global Contract Packaging Market Share Analysis, By End-User, 2019 and 2025
Figure 12 Global Contract Packaging Market Share Analysis, By Region, 2019 and 2025
Figure 13
Figure 14 North America Contract Packaging Market Share Analysis, By Country, 2019 and 2025
Figure 15 North America Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 16 North America Contract Packaging Market Share Analysis, By End-User, 2019 and 2025
Figure 17 Europe Contract Packaging Market Share Analysis, By Country, 2019 and 2025
Figure 18 Europe Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 19 Europe Contract Packaging Market Share Analysis, By End-User, 2019 and 2025
Figure 20 Asia-Pacific Contract Packaging Market Share Analysis, By Country, 2019 and 2025
Figure 21 Asia-Pacific Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 22 Asia-Pacific Contract Packaging Market Share Analysis, By End-User, 2019 and 2025
Figure 23 Middle East and Africa Contract Packaging Market Share Analysis, By Country, 2019 and 2025
Figure 24 Middle East and Africa Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 25 Middle East and Africa Contract Packaging Market Share Analysis, By End-User, 2019 and 2025
Figure 26 South America Contract Packaging Market Share Analysis, By Country, 2019 and 2025
Figure 27 South America Contract Packaging Market Share Analysis, By Packaging, 2019 and 2025
Figure 28 South America Contract Packaging Market Share Analysis, By End-User, 2019 and 2025