Contract Packaging Market Outlook:
Contract Packaging Market size was over USD 74.58 billion in 2024 and is projected to reach USD 142.65 billion by 2034, growing at around 6.7% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of contract packaging is assessed at USD 78.83 billion.
The market growth can be ascribed to spiking export value across the globe, increasing the e-commerce industry, and 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.
Rising production of graphic paper, and higher demand for make-up, and other beauty products are predicted to influence the market revenue. 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 will boost the market growth. The export volume of paper and paperboard was noticed to be around 14 million metric tons solely from Germany in 2022.