Recovery in consumer spending over the past five years has underpinned industry growth during the period. As American consumption rises, manufacturers have expanded production, thereby increasing demand for packaging and labeling services. The industry is expected to continue growing in the next five years. Organic growth in the economy, including increased consumer spending, will drive revenue growth. Additionally, the baby boomer population will lead to strong demand from the pharmaceutical sector.
Operators in this industry primarily package client-owned materials on a contract or outsource basis. The industry also provides labeling and imprinting package services. This industry excludes any activity related to the manufacture of packaging or labeling products.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.