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Technavio’s market research analysts have identified the growth in consumer goods manufacturing market to be one of the primary growth factors for the consumer goods contract packaging market. Owing to the equal contribution from developed and developing countries, the consumer goods manufacturing market is growing on a global level. China and the US are the leading manufacturers of consumer goods, followed by the UK, Japan, and China. Factors such as the growing adoption of sustainable technologies and the rising FDI will drive the growth of the consumer goods manufacturing industries. Moreover, the increase in R&D investment in these industries will also increase the volume of consumer products manufactured and will attract new players to enter contract packaging services for consumer goods market. Our market research analysts have estimated that this market will grow steadily at a CAGR of almost 8% by 2022.
The incorporation of contract packaging in logistics operations will drive the growth of the consumer goods contract packaging market. Consumer goods manufacturers outsource secondary or tertiary packaging activities to a pure play contract packagers, that results in increased time taken and incurs additional transportation costs. Consequently, several logistics players are incorporating contract packaging in their product portfolio and this will help in reducing the cost of logistics and time of shipment.
The consumer goods contract packaging market is moderately fragmented owing to the presence of numerous large and small vendors. This market research report offers a detailed analysis of the market’s competitive landscape and provides information about the services offered by the companies in this contract packaging services market. Additionally, the report also provided information about the areas the companies are primarily focusing on to sustain the competition in the consumer goods contract packaging market.
This research report provides an analysis of the various companies in this market including:
The consumer electronics segment will be the primary end-user to the consumer goods contract packaging market throughout the forecast period. The growing demand for consumer electronics across the globe will boost the growth of the contract packaging services for consumer goods market in this end user segment.
The Americas will be the major revenue contributor to the contract packaging services for consumer goods market in 2017. Our market research analysts have predicted that the growth of the market in this region will continue till 2022 owing to the wide demand for consumer goods and the high need for secure packaging.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERS
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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