Contract Packaging Market
Contract Packaging Market - Global Industry Assessment & Forecast
Segments Covered
- By Packaging Type Primary, Secondary, Tertiary
- By Material Plastic, Metal, Glass, Paper & Paperboard
- By End User Industry Food & Beverage, Pharmaceutical, Electronics, Personal Care, Other End Users
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 44.69 Billion |
Revenue 2030: | USD 73.42 Billion |
Revenue CAGR (2023 - 2030): | 6.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Contract Packaging Market by Packaging Type by Material by End User Industry by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Primary research is conducted to verify and revalidate the data gained/procured from the secondary data sources. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Contract Packagingmarket size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Contract Packagingsupply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Contract Packagingmarket.
FAQ
Frequently Asked Question
What is the global demand for Contract Packaging in terms of revenue?
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The global Contract Packaging valued at USD 44.69 Billion in 2022 and is expected to reach USD 73.42 Billion in 2030 growing at a CAGR of 6.40%.
Which are the prominent players in the market?
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The prominent players in the market are Aaron Thomas Company Inc., AmeriPac Inc., Assemblies Unlimited Inc., Assured Edge Solutions, Co-Pak Packaging Corp., Deufol, DHL, Green Packaging Asia, Hollingsworth, Jones Packaging, Kelly Products Inc., Sharp Packaging, Sonic Packaging Industries, Stamar Packaging, Sterling Contract Packaging Inc., Silgan Holdings Inc., WePackIt Inc..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Contract Packaging include
- Companies Looking to Gain Competitive Advantage by Outsourcing Non-core Operations
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Contract Packaging in 2022.