Global contract packaging market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031). The growing demand for packaging across several end-user industries is a key factor driving the growth of the global contract packaging market. Therefore, major players are expanding their packaging facilities to meet the growing demand for packaging services global market. For instance, in February 2024, The Ritedose Corp. announced a multi-phased expansion project totaling more than $81 million over four years. When complete, the campus will house nearly 500,000 sq. ft. of space dedicated to the manufacturing, packaging and distribution of pharmaceuticals. The Ritedose Corp. produces sterile, single-dose medication, serving the contract development manufacturing, generics and 503B outsourcing markets. The company’s customers range from small startups and retail pharmacies to large pharmaceutical companies, wholesalers and hospital systems. Further,
In August 2023, TSG Partners with Pacific Coast Producers to Stock the Shelves of Local Food Banks. Pacific Coast Producers, brought up the opportunity for a collaborative project for one of their inbound shipments for contract packaging.
Furthermore, in August 2022, Sharp will collaborate with ClinsChain – who specialize in providing clinical supply services for local and global clinical trials – to facilitate access to the Chinese market for Sharp’s pharma and biopharma clients, while also helping Chinese innovators to globalize their reach.
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• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
· By Material
· By Type
· By End-use
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape- includes Hollingsworth, Assured Edge Solutions, Deufol, Aaron Thomas Company Inc., and Sonic Packaging Industries among others.
Contract Packaging Market Report Segment
By Material
· Plastics
· Paper & Paperboard
· Glass
· Metal
· Others
By Type
· Primary
· Secondary
· Tertiary
By End-use
· Food & Beverage
· Pharmaceutical
· Personal Care & Cosmetics
· Retail
· E-commerce
· Others
A full Report of Contract Packaging Market is Available @ https://www.omrglobal.com/industry-reports/contract-packaging-market
Contract Packaging Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
· Aaron Thomas Company Inc.
· AmeriPac Inc.
· Co-Pak packaging corp.
· Deufol
· DHL Ltd.
· Genco
· Green Packaging Asia
· Hollingsworth
· Jones Packaging
· Kelly Products Inc.
· Sharp Packaging
· Silgan Holdings Inc.
· Sonic Packaging Industries
· Stamar Packaging
· Sterling Contract Packaging Inc.
· Summit Container
· Unicep Packaging
· Wepackit Inc.
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