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The contract packaging market size is forecast to increase by USD 20.9 billion at a CAGR of 6.54% between 2023 and 2028. The market is experiencing significant growth, driven by essential industries such as personal care and cosmetics, pharmaceuticals, and electronics. The trend toward e-commerce sales is a major growth factor, leading to increased demand for efficient packaging operations and a streamlined packaging supply chain. Contract packaging providers offer cost advantages through economies of scale and specialized expertise in various packaging techniques, including bagging/pouching, boxing and cartoning, wrapping and bundling, and labelling. The e-commerce sector's growing importance necessitates faster turnaround times, customized packaging solutions, and improved labeling accuracy. These trends present both opportunities and challenges for contract packaging providers, requiring continuous innovation and adaptation to meet evolving customer needs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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