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Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

March 2023 | 145 pages | ID: C5880C5AE94DEN
IMARC Group

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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.

Contract packaging, also known as co-packaging, assists businesses in hiring other companies to manage their packaging and supply chain requirements. It involves the primary and secondary packaging of finished goods, point-of-purchase (POP) display builds, inventory management, and distribution of the goods to the market or directly to the consumer. It offers resources required for printing services, labor force, and research and development (R&D) activities. As a result, contract packaging is utilized in bulk manufacturing and cargo shipping. Besides this, it also finds extensive applications in the pharmaceutical, retail, and personal care industries across the globe.

Contract Packaging Market Trends:
The thriving packaging sector represents one of the key factors propelling the growth of the market. Moreover, contract packaging offers faster turnaround, warehouse and logistics support, increased scalability, and improved productivity. Numerous contract packaging companies have an in-house design team to help come up with the final product packaging, which allows for troubleshooting with prototypes to ensure products best fit the packaging. These companies also provide services, such as sterilization, labelling, shrink-wrapping, plastic/thermoform packaging production, and package assembly. In addition, contract packaging companies work with product managers and manufacturers to consult, plan, customize, and execute the process according to the timeline. Apart from this, contract packaging is increasingly being employed in the food and beverage (F&B) industry as it can aid in reducing costs and improving product visibility. This, coupled with the escalating demand for ready-to-eat (RTE) food products on account of hectic lifestyles and busy schedules of individuals, is creating a positive outlook for the market. Furthermore, the introduction of environment-friendly packaging options is projected to strengthen the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global contract packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on packaging type, material, service and end use industry.

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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.).

Key Questions Answered in This Report

1. What was the size of the global contract packaging market in 2022?
2. What is the expected growth rate of the global contract packaging market during 2023-2028?
3. What are the key factors driving the global contract packaging market?
4. What has been the impact of COVID-19 on the global contract packaging market?
5. What is the breakup of the global contract packaging market based on the packaging type?
6. What is the breakup of the global contract packaging market based on the material?
7. What is the breakup of the global contract packaging market based on the service?
8. What is the breakup of the global contract packaging market based on the end use industry?
9. What are the key regions in the global contract packaging market?
10. Who are the key players/companies in the global contract packaging market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL CONTRACT PACKAGING MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PACKAGING TYPE

6.1 Primary
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Secondary
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Tertiary
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY MATERIAL

7.1 Plastic
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Metal
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Glass
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Paper and Paperboard
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY SERVICE

8.1 Bottling
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Bagging/Pouching
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Lot/Batch and Date Coding
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Boxing and Cartoning
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Wrapping and Bund
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Labelling
  8.6.1 Market Trends
  8.6.2 Market Forecast
8.7 Clamshell and Blister
  8.7.1 Market Trends
  8.7.2 Market Forecast
8.8 Others
  8.8.1 Market Trends
  8.8.2 Market Forecast

9 MARKET BREAKUP BY END USE INDUSTRY

9.1 Food and Beverage
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Pharmaceutical
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Electronics
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Personal Care
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Others
  9.5.1 Market Trends
  9.5.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Aaron Thomas Company Inc.
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 AmeriPac
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Assemblies Unlimited Inc.
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 Co-Pak Packaging Corporation
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 Hollingsworth
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Kelly Products Incorporated
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Marsden Packaging Ltd.
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 Multi-Pack Solutions LLC
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 Reed-Lane. Inc.
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 Sonic Packaging Industries Inc.
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
  15.3.11 Sterling Contract Packaging Inc.
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
  15.3.12 Unicep Packaging LLC (Silgan Holdings Inc.)
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Contract Packaging Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Contract Packaging Market Forecast: Breakup by Packaging Type (in Million US$), 2023-2028
Table 3: Global: Contract Packaging Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 4: Global: Contract Packaging Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 5: Global: Contract Packaging Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 6: Global: Contract Packaging Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Contract Packaging Market: Competitive Structure
Table 8: Global: Contract Packaging Market: Key Players

LIST OF FIGURES

Figure 1: Global: Contract Packaging Market: Major Drivers and Challenges
Figure 2: Global: Contract Packaging Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Contract Packaging Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Contract Packaging Market: Breakup by Packaging Type (in %), 2022
Figure 5: Global: Contract Packaging Market: Breakup by Material (in %), 2022
Figure 6: Global: Contract Packaging Market: Breakup by Service (in %), 2022
Figure 7: Global: Contract Packaging Market: Breakup by End Use Industry (in %), 2022
Figure 8: Global: Contract Packaging Market: Breakup by Region (in %), 2022
Figure 9: Global: Contract Packaging (Primary) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Contract Packaging (Primary) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Contract Packaging (Secondary) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Contract Packaging (Secondary) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Contract Packaging (Tertiary) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Contract Packaging (Tertiary) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Contract Packaging (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Contract Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Contract Packaging (Metal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Contract Packaging (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Contract Packaging (Glass) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Contract Packaging (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Contract Packaging (Paper and Paperboard) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Contract Packaging (Paper and Paperboard) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Contract Packaging (Bottling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Contract Packaging (Bottling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Contract Packaging (Bagging/Pouching) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Contract Packaging (Bagging/Pouching) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Contract Packaging (Lot/Batch and Date Coding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Contract Packaging (Lot/Batch and Date Coding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Contract Packaging (Boxing and Cartoning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Contract Packaging (Boxing and Cartoning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Contract Packaging (Wrapping and Bund) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Contract Packaging (Wrapping and Bund) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Contract Packaging (Labelling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Contract Packaging (Labelling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Contract Packaging (Clamshell and Blister) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Contract Packaging (Clamshell and Blister) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Contract Packaging (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Contract Packaging (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Contract Packaging (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Contract Packaging (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Contract Packaging (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Contract Packaging (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Contract Packaging (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Contract Packaging (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Contract Packaging (Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Contract Packaging (Personal Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Contract Packaging (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Contract Packaging (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: North America: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: North America: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United States: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United States: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Canada: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Canada: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Asia-Pacific: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Asia-Pacific: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: China: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: China: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Japan: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Japan: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: India: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: India: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: South Korea: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: South Korea: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Australia: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Australia: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Indonesia: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Indonesia: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Europe: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Europe: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Germany: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Germany: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: France: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: France: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: United Kingdom: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: United Kingdom: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Italy: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Italy: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Spain: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Spain: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Russia: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Russia: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Latin America: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Latin America: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Brazil: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Brazil: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Mexico: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Mexico: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Others: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Others: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Middle East and Africa: Contract Packaging Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Middle East and Africa: Contract Packaging Market: Breakup by Country (in %), 2022
Figure 97: Middle East and Africa: Contract Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Contract Packaging Industry: SWOT Analysis
Figure 99: Global: Contract Packaging Industry: Value Chain Analysis
Figure 100: Global: Contract Packaging Industry: Porter's Five Forces Analysis


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