Apr 30, 2020   SOURCE: BusinessWire

Global Contract Packaging Market (2020 to 2025) - Featuring Valk Industries, Mattpak & American FlexPack Among Others - ResearchAndMarkets.com

The "Global Contract Packaging Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global contract packaging market is estimated to grow at a CAGR of 13.98% to reach US$96.781 billion in 2025 from US$44.138 billion in 2019.

Contract packaging is referred to as the packaging solution provider (which is outsourced) from the beginning to the end of the product packaging (from designing to the storage or distribution). Contract packaging manufacturers work in collaboration with the product managers and product manufacturers for consulting, planning, customizing, and execution of the packaging process as per the timeline, pre-produced or required produced packaging components and industry requirements. The growth in the contract packaging market is determined on the basis of the changing manufacturing industry preference where the product manufacturers are moving towards contract packaging solution providers due to their growing focus on cost optimization with more focus on their core businesses.

The market is propelled to grow at a significant pace with the growing pharma industry delivering several drugs and drug delivery systems. The prevalence of diseases and the elderly population are contributing to the industrial growth, fueling the market demand in the forecast period. The growing consumer electronics adoption with the growing disposable income and increasing family income in the emerging economies of the world is providing an opportunity for the contract packaging market to flourish with the growing demand for consumer electronic goods.

The shift in trend of dietary consumption patterns, there is a high demand for packaged food and beverages, further burgeoning the market growth in the forecast period. The growing retail industry, with growing online retail sales, is further providing an opportunity for the market to grow at a sustainable pace in the forecast period. Geographically, North America is projected to hold a significant market share followed by the European region. While the Asia Pacific region is projected to be the fastest-growing in the forecast period.

The agricultural packaging industry is estimated to propel in the forecast period with the growing population coupled with the growing demand for food. Hence, this has created a need for agricultural packaging solutions where consumers demand effective packaging solutions where the food is free from contamination and thus prevents spoilage, further burgeoning the market demand in the forecast period. Therefore, the fresh food producers look for contract packaging solution providers with continuous technological advancements in packaging technology, surging the market demand in the forecast period.

Companies Mentioned

  • Valk Industries, Inc.
  • Aaron Thomas Company, Inc.
  • Mattpak Inc.
  • WESTERN Innovations, Inc.
  • U.S. Packaging & Wrapping LLC.
  • Action Packaging & Design, Inc.
  • Advanced Concept Innovations
  • American FlexPack, Inc.

Key Topics Covered:

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

2. Research Methodology

2.1. Research Data

2.2. Assumptions

3. Executive Summary

3.1. Research Highlights

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porters Five Forces Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. Global Contract Packaging Market Analysis, by Type of Packaging

5.1. Introduction

5.2. Primary

5.3. Secondary

5.4. Tertiary

6. Global Contract Packaging Market Analysis, By Packaging Material

6.1. Introduction

6.2. HDPE

6.3. LDPE

6.4. PET

6.5. Paperboard

6.6. Fibreboard

6.7. Glass

6.8. Aluminium

7. Global Contract Packaging Market Analysis, by Package Types

7.1. Introduction

7.2. Containers

7.3. Blister Packs

7.4. Bottles and Jars

7.5. Vials

7.6. Others

8. Global Contract Packaging Market Analysis, by Contract Packaging Services

8.1. Introduction

8.2. Design

8.3. Inventory Management/Control

8.4. Printing and Component Production

8.5. Packaging Production

8.6. Package Assembly & Fulfillment

8.7. Warehousing & Distribution

9. Global Contract Packaging Market Analysis, by End User Industry

9.1. Introduction

9.2. Food

9.3. Beverage

9.4. Cosmetic

9.5. Pharmaceutical

9.6. Consumer Electronics

9.7. Others

10. Global Contract Packaging Market Analysis, by Geography

10.1. Introduction

10.2. North America

10.3. South America

10.4. Europe

10.5. Middle East and Africa

10.6. Asia Pacific

11. Competitive Environment and Analysis

11.1. Major Players and Strategy Analysis

11.2. Emerging Players and Market Lucrativeness

11.3. Mergers, Acquisitions, Agreements, and Collaborations

11.4. Vendor Competitiveness Matrix

12. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/47zavb