The global Contract Manufacturing Services market size is expected to reach $ 262290 million by 2032, rising at a market growth of 5.5% CAGR during the forecast period (2026-2032).
Contract manufacturing refers to a form of cooperation in which a company signs a contract with other manufacturers, and the manufacturer produces products, while the company is responsible for product sales. The contract manufacturing model is conducive to increasing the utilization of existing resources on a larger scale, promoting the refinement of the industrial chain, and conducive to the specialization and scale of the industrial chain.
Many industries use contract manufacturing service, especially the computer, semiconductor, energy, medical, food manufacturing, personal care, packaging and automotive fields.
Based on the application, the Consumer segment accounted for significant market share in 2019. Consumer segment is anticipated to continue to dominate the market during the forecast period. This segment is anticipated to expand at a robust CAGR of 8.93%.
Asia-Pacific held a key market revenue share of the Contract Manufacturing Services market in 2019 which account for 71.17%. This segment is anticipated to expand at a CAGR of 4.67%.
As of 2019, the market for electronic manufacturing services is fragmented with global and domestic players. The main market companies are as follows: Hon Hai/Foxconn, Jabil, Flextronics, Pegatron, New-Kinpo Group, Venture, FIH Mobile, Plexus, Kaifa, Celestica, Sanmina, SIIX, Zollner Elektronik, Universal Scientific Industrial, Benchmark Electronics, etc.
This report studies the global Contract Manufacturing Services demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Contract Manufacturing Services, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Contract Manufacturing Services that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Contract Manufacturing Services total market, 2021-2032, (USD Million)
Global Contract Manufacturing Services total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Contract Manufacturing Services total market, key domestic companies, and share, (USD Million)
Global Contract Manufacturing Services revenue by player, revenue and market share 2021-2026, (USD Million)
Global Contract Manufacturing Services total market by Type, CAGR, 2021-2032, (USD Million)
Global Contract Manufacturing Services total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Contract Manufacturing Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hon Hai/Foxconn, Jabil, Flextronics, Pegatron, New-Kinpo Group, Venture, FIH Mobile, Plexus, Kaifa, Celestica, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Contract Manufacturing Services market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Contract Manufacturing Services Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Contract Manufacturing Services Market, Segmentation by Type:
Electronic Manufacturing
Engineering Services
Test Development & Implementation
Logistics Services
Others
Global Contract Manufacturing Services Market, Segmentation by Application:
Computer
Communications
Consumer
Industrial
Others
Companies Profiled:
Hon Hai/Foxconn
Jabil
Flextronics
Pegatron
New-Kinpo Group
Venture
FIH Mobile
Plexus
Kaifa
Celestica
Sanmina
SIIX
Zollner Elektronik
Universal Scientific Industrial
Benchmark Electronics
Creation Technologies LP
Key Questions Answered
1. How big is the global Contract Manufacturing Services market?
2. What is the demand of the global Contract Manufacturing Services market?
3. What is the year over year growth of the global Contract Manufacturing Services market?
4. What is the total value of the global Contract Manufacturing Services market?
5. Who are the Major Players in the global Contract Manufacturing Services market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Contract Manufacturing Services. Industry analysis & Market Report on Contract Manufacturing Services is a syndicated market report, published as Global Contract Manufacturing Services Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Contract Manufacturing Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.