Contract Packaging Market Size to Grow by USD 17.29 billion | TCO Advantage by Contract Packaging to Boost Market Growth | Technavio

The potential growth difference for the contract packaging market size between 2021 and 2026 is USD 17.29 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Driver: The TCO advantage by contract packaging is driving the global contract packaging market growth. Consumer packaged goods (CPG) companies calculate TCO during the production process, as it is considered the main criterion for buying packaging machines. The costs of these machines may vary from hundreds to thousands of dollars with an expected lifespan of 15-20 years. The annual maintenance cost of high-quality machines is 4% of the total cost in an ideal situation, with due consideration to all preventive measures. This percentage may go up to 12%-16%, depending on the quality of the machine. 
• Market Challenge: The growing demand of in-house packaging, as manufacturers are sometimes comfortable with having control of the complete production cycle, is one of the key challenges to the growth of the global contract packaging industry growth. In addition, contract packaging can be time-consuming, as products are transported several times among manufacturers and packagers. There can also be unwillingness to share information with contract packagers, availability of in-house machinery and staff, and high switching costs in certain situations. Recently, events have been organized to promote the advantages of in-house packaging. Such aspects are becoming key challenges for the global contract packaging market.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!

Market Segmentation

The contract packaging market report is segmented by end-user (food and beverages, consumer goods, personal care, pharmaceutical, and others) and geography (North America, APAC, Europe, the Middle East and Africa, and South America).

By end-user, the food and beverage segment will have significant market share growth during the forecast period. The growth is attributed to the growing disposable incomes, shrinking household size, expansion of the middle-class population, and the increasing demand for fresh and healthy convenience-oriented foods, along with benefits such as high barrier from microorganisms and peelable features.

By geography, North America will be the leading region with 37% of the market's growth during the forecast period. The US and Canada are the key countries for the contract packaging market in North America.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned

• Aaron Thomas Co. Inc.
• Accu Tec
• AmeriPac Inc.
• Bernard Laboratories Inc.
• CCL Industries Inc.
• Co Pak Packaging Corp.
• Deufol SE
• FedEx Corp.
• gpa GLOBAL
• Hanzo Logistics
• Hollingsworth
• Marsden Packaging Ltd.
• Multi Pack Solutions LLC
• PHARMA TECH INDUSTRIES
• Reed Lane Inc.
• Summit laboratories Inc.
• Truvant Europe Sp. z o.o.
• UDG Healthcare
• Unicep Packaging LLC
• Verst Logistics Inc.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Food and beverages - Market size and forecast 2021-2026
• Exhibit 28: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)

• 5.4 Consumer goods - Market size and forecast 2021-2026
• Exhibit 32: Chart on Consumer goods - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Consumer goods - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Consumer goods - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Consumer goods - Year-over-year growth 2021-2026 (%)

• 5.5 Personal care - Market size and forecast 2021-2026
• Exhibit 36: Chart on Personal care - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Personal care - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Personal care - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Personal care - Year-over-year growth 2021-2026 (%)

• 5.6 Pharmaceutical - Market size and forecast 2021-2026
• Exhibit 40: Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 90: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Aaron Thomas Co. Inc.
• Exhibit 101: Aaron Thomas Co. Inc. - Overview
• Exhibit 102: Aaron Thomas Co. Inc. - Product / Service
• Exhibit 103: Aaron Thomas Co. Inc. - Key offerings

• 10.4 CCL Industries Inc.
• Exhibit 104: CCL Industries Inc. - Overview
• Exhibit 105: CCL Industries Inc. - Business segments
• Exhibit 106: CCL Industries Inc. - Key offerings
• Exhibit 107: CCL Industries Inc. - Segment focus

• 10.5 Co Pak Packaging Corp.
• Exhibit 108: Co Pak Packaging Corp. - Overview
• Exhibit 109: Co Pak Packaging Corp. - Product / Service
• Exhibit 110: Co Pak Packaging Corp. - Key offerings

• 10.6 Deufol SE
• Exhibit 111: Deufol SE - Overview
• Exhibit 112: Deufol SE - Product / Service
• Exhibit 113: Deufol SE - Key news
• Exhibit 114: Deufol SE - Key offerings

• 10.7 FedEx Corp.
• Exhibit 115: FedEx Corp. - Overview
• Exhibit 116: FedEx Corp. - Business segments
• Exhibit 117: FedEx Corp. - Key offerings
• Exhibit 118: FedEx Corp. - Segment focus

• 10.8 Marsden Packaging Ltd.
• Exhibit 119: Marsden Packaging Ltd. - Overview
• Exhibit 120: Marsden Packaging Ltd. - Product / Service
• Exhibit 121: Marsden Packaging Ltd. - Key offerings

• 10.9 Multi Pack Solutions LLC
• Exhibit 122: Multi Pack Solutions LLC - Overview
• Exhibit 123: Multi Pack Solutions LLC - Product / Service
• Exhibit 124: Multi Pack Solutions LLC - Key offerings

• 10.10 Reed Lane Inc.
• Exhibit 125: Reed Lane Inc. - Overview
• Exhibit 126: Reed Lane Inc. - Product / Service
• Exhibit 127: Reed Lane Inc. - Key offerings

• 10.11 Truvant Europe Sp. z o.o.
• Exhibit 128: Truvant Europe Sp. z o.o. - Overview
• Exhibit 129: Truvant Europe Sp. z o.o. - Product / Service
• Exhibit 130: Truvant Europe Sp. z o.o. - Key offerings

• 10.12 Unicep Packaging LLC
• Exhibit 131: Unicep Packaging LLC - Overview
• Exhibit 132: Unicep Packaging LLC - Product / Service
• Exhibit 133: Unicep Packaging LLC - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 134: Inclusions checklist
• Exhibit 135: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 136: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 137: Research methodology
• Exhibit 138: Validation techniques employed for market sizing
• Exhibit 139: Information sources

• 11.5 List of abbreviations
• Exhibit 140: List of abbreviations

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