According to the report by Expert Market Research (EMR), the North America Contract Packaging Market Size reached a value of USD 14.30 billion in 2023. Aided by the increasing demand for flexible packaging solutions and the growing applications of contract packaging in various sectors, the market is projected to further grow at a CAGR of 7.3% between 2024 and 2032 to reach a value of USD 27.09 billion by 2032.
Contract packaging, also known as co-packing, involves outsourcing the packaging process to a third-party service provider. This service includes everything from product design and development to the final packaging and logistics. Contract packaging offers numerous advantages, such as cost savings, increased flexibility, and access to advanced packaging technologies, making it a valuable solution for businesses across various sectors.
The increasing demand for flexible packaging solutions is driving the North America contract packaging market growth. With the rapid development of sectors such as food and beverage, pharmaceuticals, personal care, and consumer electronics, there has been a significant surge in the need for efficient and adaptable packaging solutions. Additionally, the growing trend of outsourcing non-core business activities has further contributed to the increasing popularity of contract packaging, as it allows companies to focus on their core competencies while leveraging the expertise of specialized packaging providers.
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Moreover, in the food and beverage sector, contract packaging is used to ensure product safety, extend shelf life, and enhance product presentation. In the pharmaceutical sector, contract packaging provides the necessary infrastructure to meet stringent regulatory requirements and ensure the integrity of medical products. The personal care sector utilises contract packaging for the design and development of innovative and attractive packaging solutions. Moreover, contract packaging is essential in the consumer electronics industry for the protection and efficient distribution of electronic devices.
The growing trend of outsourcing non-core business activities has significantly boosted the demand for contract packaging services. Businesses are increasingly seeking to focus on their core competencies and outsource packaging operations to specialised providers. Contract packaging offers cost savings, increased flexibility, and access to advanced packaging technologies, making it an attractive option for businesses, consequently driving up the North America contract packaging market share.
Further, the growing demand for sustainable and eco-friendly packaging solutions has led to an increased focus on contract packaging as a viable option for meeting environmental standards. With the rise of green packaging initiatives and the increasing emphasis on reducing carbon footprints, contract packaging providers are increasingly adopting sustainable practices and materials, thereby boosting the North America contract packaging market expansion.
Technological advancements in packaging materials and processes have significantly enhanced the functionality and efficiency of contract packaging solutions. Innovations such as smart packaging, biodegradable materials, and advanced filling and sealing technologies are driving the adoption of advanced contract packaging solutions.
The North America contract packaging market analysis, the market exhibits diverse regional dynamics, influenced by varying levels of industrial activity, economic development, and technological adoption. The United States is the largest market for contract packaging in North America, characterised by its advanced industrial infrastructure and robust economy. Major industrial hubs such as California, Texas, and the Midwest region are key markets for contract packaging due to their significant manufacturing, pharmaceutical, and consumer goods activities.
Moreover, California, with its strong presence in the technology, food and beverage, and personal care sectors, drives significant demand for contract packaging services. The state’s emphasis on innovation and sustainable practices further enhances the adoption of advanced packaging solutions. The Silicon Valley tech sector and the large agricultural sector in California contribute to the demand for specialized and efficient packaging solutions.
North America Contract Packaging Market Segmentation
The market can be divided based on the packaging, material, end user, and country
Market Breakup by Packaging
- Primary
- Secondary
- Tertiary
Market Breakup by Material
- Glass
- Paper and Paperboard
- Plastic
- Others
Market Breakup by End User
- Food and Beverage
- Pharmaceutical
- Household and Personal Care
- Electronics
- Others
Market Breakup by Country
- United States of America
- Canada
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Competitive Landscape of North America Contract Packaging Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in North America contract packaging market. Some of the major players explored in the report by Expert Market Research are as follows:
- Aaron Thomas Company
- Multi-Pack Solutions LLC
- Assemblies Unlimited Inc
- Reed-Lane, Inc.
- Sharp Packaging Services, LLC
- Silgan Unicep Packaging, LLC
- Green Sustainable Packaging, Inc.
- Case Mason Filling, Inc.
- Stamar Packaging
- AmeriPac, Inc.
- Others
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