Contract Packaging Market Size

Contract Packaging Market size was over USD 58.98 billion in 2024 and is poised to exceed USD 169.83 billion by the end of 2037, growing at over 8.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of contract packaging is estimated at USD 62.99 billion. The growth of the market can primarily be attributed to the spiking export value across the globe, increasing the e-commerce industry, and the growing population. As of 2021, the trade in goods touched off an export value of approximately USD 22,000 billion, up from USD 18,000 billion in 2018.

Global trends such as rising production of graphic paper, and higher demand for make-up, and other beauty products are projected to influence the growth of the market positively over the forecast period. The total production of graphic paper was estimated to be around 96,000 metric tons in 2020. Additionally, increasing export and import of paper and paperboard is further estimated to push the growth of the market during the forecast period. The export volume of paper and paperboard was noticed to be around 14 million metric tons solely from Germany in 2022. Hence, all these factors are anticipated to boost the growth of the contract packaging market over the forecast period.