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Making Sense of a Loosely Organized but Growing Industry

A global consumer products company wants to test 100ꯠ units of a new product in regional distribution before deciding whether to roll out the product nationally and invest in the tooling and equipment to take packaging production in-house.

'We will engage the service providers and buyers, and those who sell and lease equipment into the business. Until now, there has
"We will engage the service providers and buyers, and those who sell and lease equipment into the business. Until now, there has

A “virtual” marketer prefers to concentrate solely on what it does best—marketing its brand—and to farm out all packaging production.

These are just two scenarios that could signal the need for the services of a third-party operation—a contract packager. Evolving from a cottage industry into —by one estimate—an $800 billion heavyweight, contract packaging is growing at 15-20% per year.

But consider, too, that the range of contract packaging services is all over the board. As are the standards that guide these services. This has created a lot of confusion about who’s who and what’s what in a very loosely organized and often misunderstood industry.

Within this landscape, we unveil our inaugural issue of Contract Packaging magazine, with the objective of helping you make sense of this very active yet complex industry. We begin with two issues of the publication in 2005—the other will publish in September—and expect to increase the frequency of the magazine in subsequent years.

Videos from Universal Labeling Systems, Inc.
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Annual Outlook Report: Workforce
Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
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Annual Outlook Report: Workforce