Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Contract Packaging - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Contract Packaging was valued at US$84.8 Billion in 2024 and is projected to reach US$140 Billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030.
This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Contract Packaging market. 
Is Outsourcing the Future of Packaging? The Rise of Contract Packaging
Contract packaging, also known as co-packing, refers to the outsourcing of packaging activities by manufacturers to third-party firms. This service spans a wide array of functions, from the initial design and prototyping of packaging to the actual packing, labeling, and distribution of final products.
Companies across various industries leverage contract packaging to enhance efficiency, reduce operational costs, and benefit from the advanced technologies and expertise of specialized providers. This trend is particularly prominent in sectors like pharmaceuticals, cosmetics, food and beverage, and consumer electronics, where packaging not only plays a critical role in product protection but also in marketing and consumer perception. By partnering with contract packagers, businesses can focus more on their core competencies such as product development and brand management, while entrusting packaging experts to ensure product safety, compliance, and aesthetic appeal.
What Drives Companies to Choose Contract Packaging?
The decision to use contract packaging services is influenced by several strategic factors. Primarily, the scalability that contract packagers offer allows businesses to adjust more rapidly to market demands or changes in production volume without the need for significant capital investment in packaging facilities. This agility is crucial in markets characterized by seasonal peaks or rapid product innovations, such as the tech and food industries.
Additionally, contract packaging firms often possess superior technology and systems that ensure packaging quality and efficiency beyond what a company might achieve in-house. This includes advanced machinery for faster packaging, better materials handling, and the latest in sustainable packaging solutions, which are increasingly important to consumers. Moreover, regulatory compliance, particularly in highly regulated industries like pharmaceuticals, can be more effectively managed by specialists who stay abreast of global packaging standards and regulations.
What Drives the Growth in the Contract Packaging Market?
The growth in the contract packaging market is driven by several factors, including the increasing complexity of packaging needs, globalization of markets, and the push towards more agile and sustainable business operations. As products become more specialized and consumer expectations around packaging increase, companies seek sophisticated packaging solutions that contract packagers are uniquely equipped to provide. The globalization of business operations also fuels demand for contract packaging services, as companies look for packaging partners that can navigate the regulatory and cultural nuances of different markets effectively.
Additionally, as businesses increasingly prioritize core activities and look for cost-effective outsourcing solutions, contract packaging becomes a viable strategy to enhance operational flexibility and cost efficiency. Finally, the growing emphasis on sustainability in business practices drives companies towards contract packagers who can provide innovative, eco-friendly packaging solutions that align with corporate sustainability goals. Together, these factors ensure the continued expansion of the contract packaging industry, highlighting its essential role in contemporary manufacturing and distribution strategies.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Food & Beverage End-Use segment, which is expected to reach US$55.4 Billion by 2030 with a CAGR of a 8.7%. The Pharmaceuticals End-Use segment is also set to grow at 10.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $21.9 Billion in 2024, and China, forecasted to grow at an impressive 11.6% CAGR to reach $31.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Aaron Thomas Company, Inc., CCL Industries, Inc., FedEx Supply Chain, Gardan Manufacturing Services, GPA Global and more.
Tariff Impact Analysis:
This edition includes tariff-adjusted forecasts, reflecting the latest global trade changes affecting supply chains. Buyers receive extensive updates, including the final impacts of tariffs and fresh trade agreements.
This report draws from insights of global economists and collaborations with eminent industry and policy institutions to deliver an accurate, data-backed analysis of emerging risks and possibilities.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 263 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $84.8 Billion |
| Forecasted Market Value (USD) by 2030 | $140 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Global Economic Update
- Contract Packaging - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing Popularity of Outsourcing Drives Growth in Contract Packaging Market
- Growing E-commerce Sector Expands Addressable Market for Contract Packaging Providers
- Case Overview: Impact of Contract Packaging on Reducing Time-to-Market
- Expansion of Food and Beverage Industry Drives Demand for Contract Packaging Services
- Emergence of Smart Packaging Technologies Creates New Market Opportunities
- Healthcare and Pharmaceutical Industry Needs Propel Specialized Packaging Solutions
- Increased Focus on Supply Chain Optimization Sustains Growth in Contract Packaging
- Rising Consumer Awareness of Environmental Impact Drives Adoption of Eco-Friendly Packaging
FOCUS ON SELECT PLAYERS
Some of the 22 companies featured in this Contract Packaging market report include:
- Aaron Thomas Company, Inc.
- CCL Industries, Inc.
- FedEx Supply Chain
- Gardan Manufacturing Services
- GPA Global
- Jones Packaging, Inc.
- Multi-Pack Solutions
- Pharma Tech Industries (PTI)
- Reed-Lane, Inc.
- Sharp Packaging Services
- Stamar Packaging
- Unicep Packaging
For more information about this report visit https://www.researchandmarkets.com/r/8oskix
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