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Asia-Pacific Contract Packaging Market - By Services (Primary Packaging, Secondary Packaging, Tertiary packaging), Vertical (Beverages, Food, Pharmaceuticals, Home and Fabric Care, beauty care and Others), Country, Trends, Forecasts - (2020 - 2025)

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The APAC contract packaging market was worth USD XX.XX billion in 2017 and is projected to reach USD XX.XX billion in 2022, at a CAGR of XX.XX%. Contract packaging includes the outsourcing of packaging activities to third party vendors. Manufacturing companies tend to subcontract these non-core services in which they don’t have expertise.

The food & beverage industry leads the market with a share of XX% in 2017 while the pharmaceutical industry is expected to drive the market. For FMCG products, for the same brand name, the sales are highly dependent on the impact created by packaging 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 regulations imposed by the government require them to perform the activities in class X clean rooms and as such, these activities are outsourced to contract packaging companies that have all the relevant infrastructure and expertise to perform these activities.

The contract packaging industry is expected to have a huge potential and as such, third party logistics providers like DHL are entering this segment by providing secondary packaging services. With the arrival of 3PL providers, the industry dynamics are changing since companies are preferring 3PL providers for contract packaging over traditional co-packers since it reduces costs and lead time.

Some of the key players mentioned in the report are:

  • Berkeley Contract Packaging
  • Central Glass
  • MJS Packaging
  • Stamar Packaging
  • TricorBraun

What the Report Offers

  • Market definition for contract packaging along with identification of key drivers and restraints for the market
  • Market analysis for the Asia-Pacific contract packaging market, with region-specific assessments and competition analysis on a regional scale
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the market on a regional scale
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share
  • Identification and analysis of the macro and micro factors that affect the Asia-Pacific contract packaging market on a regional scale
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

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