Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Contract Packaging Market Size
The North America contract packaging market size was valued at USD 14.30 billion in 2023. The market is further projected to grow at a CAGR of 7.3% between 2024 and 2032, reaching a value of USD 27.09 billion by 2032.
Key Takeaways
- Around USD 49.2 billion is generated by cosmetics sales in the United States every year. On an average, Americans spend between USD 244 and USD 313 on cosmetics every month.
- There is an increasing trend of offering customised packaging solutions to customers in the medical device, OTC, pharmaceutical, and dietary supplement markets.
- As per U.S. Department of Commerce, in 2021, there were around 41,080 food and beverage processing plants in the United States.
The major contributor in the North America contract packaging market growth is the rising pharmaceutical industry in the region. The growing pharmaceutical production, the requirement to maximise internal resources, and the increased development and launches of specialty and biologic medicines, is prompting more companies to turn to contract packaging services to label and kit products. Furthermore, with the ever-evolving and increasing regulatory requirements, pharmaceutical companies are shifting to contract packaging. This approach is recognised as the most secure, cost-effective, and time-efficient strategy for labelling, packaging, and storage.
The need for small-scale production of pharmaceutical products and medical devices has surged in recent years, driven by various factors such as the growth of personalised medicine and orphan drugs, along with the industry's requirement to manufacture small batches cost-effectively. These trends are propelling the expansion of the market.
The North America contract packaging market development is further fuelled by a rising preference for secondary packaging solutions like shrink wrapping, registered bundling, cartoning, counting, bagging, and tipping. These methods not only safeguard products but also offer avenues for consumer education and brand messaging. Additionally, the surge in biodegradable plastics and other sustainable packaging innovations is boosting interest in environmentally friendly secondary packaging options.
North America Contract Packaging Market Report Snapshots
North America Contract Packaging Market Size
North America Contract Packaging Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the contract packaging market reached an approximate value of USD 14.30 billion.
The market is expected to grow at a CAGR of 7.3% between 2024 and 2032.
The contract packaging market in North America is expected to reach a value of USD 27.09 billion by 2032.
The expanding pharmaceutical industry, the escalating demand for bespoke packaging solutions, and the growth of the cosmetics industry within the region are fuelling the market demand.
Some examples of local contract packaging solutions include blister and clamshell packaging, labelling, flow wrapping, and display assembly.
Major countries in the market are the USA and Canada.
Contract packaging services are used by several industries, including pharmaceuticals, retail, food and beverage, and electronics.
Key players in the market are 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, and AmeriPac, Inc, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124