Contract packaging, also known as co-packing, refers to the overall process of assembling a product into its final packaged form. The market value of this industry amounted to 52.3 billion U.S. dollars in 2019, and is forecast to increase to nearly 119 billion U.S. dollars by 2025.
Market value of contract packaging worldwide in 2019 and 2024
(in billion U.S. dollars)
Characteristic
Market value in billion U.S. dollars
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* Forecast based on a CAGR of 15.33 over the period 2020-2025.
The Contract Packaging Market is segmented by Packaging (Primary, Secondary, and Tertiary), End-user Industry (Food, Beverage, Pharmaceutical, and Household and Personal Care).
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Mordor Intelligence. (January 1, 2020). Market value of contract packaging worldwide in 2019 and 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/
Mordor Intelligence. "Market value of contract packaging worldwide in 2019 and 2024 (in billion U.S. dollars)." Chart. January 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/
Mordor Intelligence. (2020). Market value of contract packaging worldwide in 2019 and 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/
Mordor Intelligence. "Market Value of Contract Packaging Worldwide in 2019 and 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jan 2020, https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/
Mordor Intelligence, Market value of contract packaging worldwide in 2019 and 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/ (last visited July 22, 2024)
Market value of contract packaging worldwide in 2019 and 2024 (in billion U.S. dollars) [Graph], Mordor Intelligence, January 1, 2020. [Online]. Available: https://www.statista.com/statistics/1104417/global-contract-packaging-market-size/
