With manufacturing norms upended” by the pandemic, manufacturers are taking a step back to assess these changes.
Mordor Intelligence’s “Contract Packaging Market: Growth, Trends and Forecasts (2020-2025)” report states the contract packaging market was valued at $52.28 billion in 2019. With a at a compound annual growth rate (CAGR) of 15.33 percent, the report prognosticates the market will reach a value of $118.94 billion by 2024.