Market Overview:
The global packaging contract manufacturing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for secondary packaging and food packaging. In terms of type, the blister packaging segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its benefits such as tamper-evident properties, easy dispensing, and protection from moisture and light exposure. By application, the food and beverage segment is expected to account for a major share of the global market in 2018.
Product Definition:
Packaging Contract Manufacturing is a service in which a company hires another company to design, produce, and package their products. The importance of packaging contract manufacturing is that it allows companies to outsource all or part of their packaging needs, which can save time and money.
Blister packaging:
Blister packaging is a method of sealing and protecting products that involves the use of plastic or aluminum foil to wrap around the product. The blister packaging technique was innovated by Swiss engineer Auguste Escoffier in 1879. Blister packs are used for tablets, capsules, pills, nuts and seeds among others.
Contract packaging:
Contract packaging and its usage in the global Packaging Contract Manufacturing market is a new term that entered into the industry recently. It means outsourcing of packaging activities to third parties. The primary reason for this shift is cost-effectiveness as it reduces capital investment required in facilities, equipment, and workforce along with inventory costs which further helps companies to focus on core competencies.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2017. The segment is expected to continue its dominance over the forecast period owing to factors such as increasing demand for packaged drinking water, ready-to-eat meals, frozen foods, convenience foods including snacks and bakery products among others.
The pharmaceutical industry is one of the most demanding industries when it comes to product quality. Manufacturers are highly dependent on suppliers that offer high quality products and services at a reasonable price. This has resulted in an increased focus on cost reduction strategies within this industry which may eventually affect vendors operating in this space negatively. However, due to stringent regulations regarding safety standards manufacturers are required to meet there has been an increase in demand for contract manufactured goods from pharmaceutical companies across the globe resulting in growth of global packaging contract manufacturing market over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to rising demand for products with reduced size and weight. In addition, increasing disposable income levels in developing countries such as China and India are anticipated to fuel the product demand in Asia Pacific region.
Europe was estimated as the second-largest regional market in 2017 owing to high quality standards set by regulatory bodies such as EuP (European Union) and FDA (Food and Drug Administration). Europe has been witnessing a growing number of contract manufacturing facilities due to its well-established pharmaceutical sector, which requires high level of precision during manufacturing processes. North America also accounted for a significant share owing to early adoption of advanced technologies across various industries including food processing industry, consumer goods production etc., thus driving regional growth over past few years.
Growth Factors:
- Increasing demand for customized packaging solutions from end-use industries.
- Rising demand for lightweight and sustainable packaging solutions.
- Growing popularity of contract manufacturing services among small and medium-sized businesses (SMBs).
- Proliferation of ecommerce and the need for innovative packing solutions to protect products during shipping.
- Increasing investment in research and development (R&D) activities by packaging manufacturers to develop new and innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaging Contract Manufacturing Market Research Report
By Type
Blister packaging, Contract packaging, Food packaging, Secondary packaging
By Application
Food and beverage, Consumer goods, Personal care, Pharmaceutical, Other
By Companies
Deufol, Stamar Packaging, Unicep Packaging, Summit Packaging Solutions, Aaron Thomas, CCL Industries, Co-Pak Packaging, GPA Global, Jones Packaging, Multi-Pack Solutions, Caris Life Sciences, Reed-Lane
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Packaging Contract Manufacturing Market Report Segments:
The global Packaging Contract Manufacturing market is segmented on the basis of:
Types
Blister packaging, Contract packaging, Food packaging, Secondary packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and beverage, Consumer goods, Personal care, Pharmaceutical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Deufol
- Stamar Packaging
- Unicep Packaging
- Summit Packaging Solutions
- Aaron Thomas
- CCL Industries
- Co-Pak Packaging
- GPA Global
- Jones Packaging
- Multi-Pack Solutions
- Caris Life Sciences
- Reed-Lane
Highlights of The Packaging Contract Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blister packaging
- Contract packaging
- Food packaging
- Secondary packaging
- By Application:
- Food and beverage
- Consumer goods
- Personal care
- Pharmaceutical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Packaging Contract Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Packaging contract manufacturing is a type of contract manufacturing in which a company contracts with another company to produce specific products or components. The contracting company provides the necessary equipment and materials, and the other company produces the products or components.
Some of the key players operating in the packaging contract manufacturing market are Deufol, Stamar Packaging, Unicep Packaging, Summit Packaging Solutions, Aaron Thomas, CCL Industries, Co-Pak Packaging, GPA Global, Jones Packaging, Multi-Pack Solutions, Caris Life Sciences, Reed-Lane.
The packaging contract manufacturing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Packaging Contract Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Packaging Contract Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packaging Contract Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Packaging Contract Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Packaging Contract Manufacturing Market Size & Forecast, 2020-2028
4.5.1 Packaging Contract Manufacturing Market Size and Y-o-Y Growth
4.5.2 Packaging Contract Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Blister packaging
5.2.2 Contract packaging
5.2.3 Food packaging
5.2.4 Secondary packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and beverage
6.2.2 Consumer goods
6.2.3 Personal care
6.2.4 Pharmaceutical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaging Contract Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Packaging Contract Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Blister packaging
9.6.2 Contract packaging
9.6.3 Food packaging
9.6.4 Secondary packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and beverage
9.10.2 Consumer goods
9.10.3 Personal care
9.10.4 Pharmaceutical
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Blister packaging
10.6.2 Contract packaging
10.6.3 Food packaging
10.6.4 Secondary packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and beverage
10.10.2 Consumer goods
10.10.3 Personal care
10.10.4 Pharmaceutical
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Blister packaging
11.6.2 Contract packaging
11.6.3 Food packaging
11.6.4 Secondary packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and beverage
11.10.2 Consumer goods
11.10.3 Personal care
11.10.4 Pharmaceutical
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Blister packaging
12.6.2 Contract packaging
12.6.3 Food packaging
12.6.4 Secondary packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and beverage
12.10.2 Consumer goods
12.10.3 Personal care
12.10.4 Pharmaceutical
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Blister packaging
13.6.2 Contract packaging
13.6.3 Food packaging
13.6.4 Secondary packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and beverage
13.10.2 Consumer goods
13.10.3 Personal care
13.10.4 Pharmaceutical
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Packaging Contract Manufacturing Market: Competitive Dashboard
14.2 Global Packaging Contract Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Deufol
14.3.2 Stamar Packaging
14.3.3 Unicep Packaging
14.3.4 Summit Packaging Solutions
14.3.5 Aaron Thomas
14.3.6 CCL Industries
14.3.7 Co-Pak Packaging
14.3.8 GPA Global
14.3.9 Jones Packaging
14.3.10 Multi-Pack Solutions
14.3.11 Caris Life Sciences
14.3.12 Reed-Lane
