CONTRACT PACKAGING MARKET ANALYSIS

Regional Analysis

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East and Africa : GCC Countries, Israel, and Rest of Middle East ,South Africa, North Africa, and Central Africa

Global Contract Packaging Market: Regional Analysis

Among regions, North America held the dominant position in the global contract packaging market in 2022, accounting for 35% shares in terms of volume, followed by Europe and Asia Pacific, respectively.

• North America: North America accounts for the largest share of the global contract packaging market. This is due to the increased industrialization and the large number of players involved in the market.
• Europe: Europe is a major contributor to the overall contract packaging market. It is mainly due to the high demand for packaged food and beverages, and pharmaceuticals.
• Asia Pacific: Asia Pacific is the fastest growing region in the world due to the rising per capita income and the growing population.

Regional governments are supporting marginal, small, and medium-sized industries, which is leading to rapid industrialization and urbanization.