CONTRACT PACKAGING MARKET ANALYSIS
The global contract packaging market was valued at US$ 60.5Bn in 2022, and is expected to exhibit a CAGR of 9.7%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 127.1 Bn by 2030.
Market Trends
Consumers are increasingly concerned about the impact of packaging materials on the environment
Consumers are increasingly concerned about the impact of packaging materials on the environment. As a result, companies are looking for contract packaging services that offer eco-friendly options. Governments and regulatory bodies are encouraging sustainable packaging practices through different initiatives and regulations. Market players are investing in eco-friendly packaging technologies and materials to meet the increasing demand.
Contract Packaging Market Report Snapshots
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