DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5s4zwc/global_contract) has announced the addition of the "Global Contract Packaging Market - By Regions and Vendors - Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014- 2020" report to their offering.
The global Contract Packaging market was worth $22 billion in 2014 and is projected to reach $39 billion in 2020, at a compound annual growth rate of 10%.
For FMCG products, for the same brand name, the sales are highly dependent on the impact created by packaging on the customer during the point of purchase, and thus, contact packagers work along with the product manufacturing companies and are regarded as an extension of their arm.
On the other hand, for Pharmaceutical products, stringent regulation posed by the government requires them to perform the activities in Class X Clean rooms and as such, these activities are outsourced to contract packaging companies who have all the relevant infrastructure and expertise to perform these activities.
Contract packaging industry is estimated to have a huge potential and as such, Third party logistics providers like DHL are entering into this segment by providing secondary packaging services. With the arrival of 3PL providers, the industry dynamics is changing, since companies are preferring 3PL providers for contract packaging as well over traditional co-packers since it reduces costs and lead time.
Earlier, CPOs used to provide packaging services but currently, companies are looking out for the ones which provide both contract packaging and logistics services, since it helps in reducing costs as well as time. As such, third party logistic providers are growing in prominence.
Key Topics Covered:
2. Executive Summary
3. MARKET OVERVIEW
- Industry Value Chain Analysis
- Industry Attractiveness - Porter's 5 Force Analysis
- Industry Policies
4. MARKET DYNAMICS
5. Contract Packaging Market Segmentation, Forecasts and Trends - by Revenue
- By Services
- By Vertical
- By Region
6. Global Vendor Market Share Analysis
7. Supplier Intelligence - Profiles
- Berkeley Contract Packaging
- Central Glass
- MJS Packaging
- Stamar Packaging
- Premier Packaging
- Sharp Packaging Services
8. Investment Analysis
- Recent Mergers and Acquisitions
- Investment Scenario and Opportunities
9. Sourcing Stategies - Options
10. Future of Contract Packaging Market
For more information visit http://www.researchandmarkets.com/research/5s4zwc/global_contract