CONTRACT PACKAGING MARKET ANALYSIS

Contract Packaging Market, By Packaging (Primary, Secondary, and Tertiary), By End-User Industry (Food, Beverage, Pharmaceutical, Household and Personal Care, and Other End-user Industries), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Sep 2023
Code : CMI5094
Pages :136
Formats :
Excel and PDF
Industry : Packaging

Contract Packaging MarketSize and Trends

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.