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Co-packing stats, forecasts

See statistics culled from reports on the North American and global contract packaging markets, and the global pharmaceutical co-packing market.

Pw 238817 Pharmaceutical Contract Packaging Market
  • The North American contract packaging market is projected to reach $16.35 billion by the end of 2022, at a CAGR of 12.17% over the forecast period 2017 to 2022. Source: “North America Contract Packaging Market – By Services, Vertical, Country, Trends, Forecasts (2017-2022),” Mordor Intelligence
  • The global contract packaging market was worth $26.54 billion in 2016 and is projected to reach $47.28 billion in 2022, at CAGR of 10.1% during the forecasted period, 2016 to 2022. Source: “Global Contract Packaging market – By Packaging, End Users, Regions – Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022),” Research and Markets
  • The global pharmaceutical contract packaging market is forecast to grow at a CAGR of 14.51% during the period 2017 to 2021. Source: “Global Pharmaceutical Contract Packaging Market 2017-2021,” Technavio
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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