Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Contract Packaging Market - Global Opportunity Analysis and Industry Forecast, 2020-2027

A08302
Pages: NA
Feb 2021 | 57 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Contract Packaging Market

Request Now !

Contract packaging is incorporated by many companies for the packaging of their products. Contract packaging is also referredas co-packaging in which the goods or products are assembled into the final finished packaging. Contract packaging companies provide the service of packaging to different product manufacturers. Manufacturers hire contract packaging services for the packaging of their products. Contract or co-packaging method is used in different industries such as e-commerce, food &beverage, agriculture, cosmetics, and pharmaceuticals. Contract packaging companies act as an extension to the product manufacturer.

 

Market scope and structure:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Packaging Type, Service, End-User Industry

  Companies covered

Sharp Packaging Systems, QAS COPAK Ltd., Summit Packaging Solutions, Unicep, GENCO SOLUTIONS, Stamar Packaging, GPA Global, AmeriPac, Nulogy Corporation, Aaron Thomas Company, CCL Industries Inc, Kelly Products Incorporated, Deufol, PHARMA TECH INDUSTRIES, Jones Packaging, Reed-Lane, Sonoco Products Company,and FedEx

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

 

COVID-19 scenario analysis:

  • The demand for contract packaging is expected to decrease in 2020 due to low demand from different industries, such as manufacturing and food,owing to the lockdown imposed by governments of many countries.
  • COVID-19 crisis is estimated to affect the contract packaging industry negatively owing to halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
  • COVID-19 crisis had a mixed impact on the packaging industry due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
  • The requirement of e-commerce-specific packaging is estimated to remain strong; although, e-commerce companies would have to focus on protection of goods and sanitization of packages.
  • In addition, the food packaging industry is on the frontline of the global packaging market, owing to the demand for essential products such as groceries and fresh food from local e-retail sites.
  • Industrial, transportation, and bulk packaging have faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020.
  • Low disposable income of maximum population and weak demand for packaging from industrial goodsled the packaging industry to face significant pressure of reduction in both wholesale as well as retail costs.
  • Consumers are estimated to remain hesitant toward luxury products, travel, and hospitality services.This is expected to hinder the packaging industry growth in the future after the COVID-19 crisis.

 

Top impacting factors:Market scenario analysis, trends, drivers, and impact analysis

Companiesare expected to be engaged in contract packaging when they hire other company or contract packager for packaging of the product, to assemble the packaging, and distribute the products. When the company or the manufacturer of the product is short of resources, time or money to invest in the packaging system or to produce itsown packaging unit, then it hiresacontract packager who has the capabilities and an expert in managing the packaging system throughout the supply chain. It proves to be more beneficial for the company, which is not equipped with proper packaging systemto help save the money whilethe packaging is done in more effective manner.

Contract packaging or co-packaging companies possess the capabilities of performing all the tasks included in the supply chain of the product. They are capable of testing the product, printing of the labels, and packaging of manufactured products. Many contract packaging company use specific type of product packaging method such as bottling, shrink wrapping, and cardboard packaging. Some contract packagers are expert in packaging the products of specific industry only.In addition, a contract packaging company must be certified with all the requirements for approval. The contract packaging company provides the location, required equipment, and labor for packaging of the products in an effective and efficient manner.

Contract packaging services arewidely used in the Fast Moving Consumer Goods (FMCG) industry. FMCG goods often hire the contract packaging company to handle whole packaging system for the products of the company as most of the companies in consumer packaged products do not have their own packaging facility.

Different manufacturing companies are estimatedto decrease the lead time of their product to achieve the desired efficiency and productivity. Contract packaging helps manufacturing companies to reduce the lead time as packaging system is managed by contract packager,which is one of the key driving factors for the growth of the contract packaging market.There is a rise in demand for contract packaging owing to factors such as reduced cost and increased efficiency of the companies from different sectors.

Key restraining factors for the growth of the contract packaging market

Most of the contract packagers use limited types of packaging material. Most of the time, plastic packaging products are used. However, as many governments have banned the use of plastics,it is estimated to hamper the growth of the contract packaging market.

 

Key segments covered:

Segments

Sub-segments

Packaging Type

 

  • Primary
  • Secondary
  • Tertiary

Service

 

  • Bottling &Filling
  • Cartooning
  • Labeling
  • Others

End-User Industry

 

  • Food &Beverages
  • Pharmaceuticals
  • Personal Care
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the contract packaging market along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the contract packaging market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the contract packaging market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed contract packaging market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Contract Packaging Market- Global Opportunity Analysis and Industry Forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers