Packaging Testing - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Packaging Testing Market is accounted for $9.93 billion in 2019 and is expected to reach $27.94 billion by 2027 growing at a CAGR of 13.8% during the forecast period. Some of the key factors propelling the market growth include increase in product recalls, increase in the requirement for durable products, stringent regulatory environment, innovation of novel technologies, growing demand for packaged products, and increasing awareness due to unauthorized usage of recycled materials. However, high cost of packaging testing and lack of standard regulations are restraining the market growth.
Packaging testing refers to a process of analyzing the characteristic or property involved in the packaging. It is usually a physical test where a qualitative or quantitative procedure is involved to ensure the best packaging. The tests are performed to determine the characteristics of packaging when exposed to various real-world conditions and demands. This method is effective to ensure the best packaging for products and helps lower the total cost of logistics. This process is also beneficial identifying appropriate protection levels and reducing the amount of required packaging materials.
By end user, the food & beverage segment is projected to grow at the significant rate during the forecast period, due to an increase in food safety awareness among consumers and growth in the number of packaging and labeling mandates in various regions. The rising demand for processed food has fueled the demand for food packaging material used for food & beverage products, thereby generating attractive opportunities for the packaging testing market. Packaging testing services reduce the risk of food contamination and diseases due to faulty packaging of food products.
On the basis of geography, The Asia-Pacific region is projected to be the significant-growing market during the forecast period, due to emerging countries, globalization of trade, and rapid industrialization in the region. The requirement for packaging testing has grown in the region in recent years, owing to an increase in consumer awareness in the Asia-Pacific region regarding the safety of packaging for various products, especially food, healthcare, and cosmetics. China is a potential market for packaging testing due to various factors such as the expanding population, rising disposable income levels, growing export of packaging materials, and increasing consumer demand for convenience foods.
Some of the key players in packaging testing market include Eurofins Scientific SE, Tüv Süd AG, ALS Limited, SGS SA, Bureau Veritas SA, Intertek Group PLC, Campden BRI, Microbac Laboratories, Inc., OMIC USA Inc., Mérieux Nutrisciences Corporation, Cryopak (Integreon Global), Turner Packaging Limited, Nefab Group, EMSL Analytical, Inc., and National Technical Systems, Inc.
Material Types Covered:
• Paper & Paperboard
• Physical Tests
• Spectroscopy & Photometric-Based
• Shock Test
• Temperature Testing
• Drop Test
• Vibration Test
• Other Technologies
End Users Covered:
• Household and Personal Care Products
• Food & Beverage
• Consumer Goods
• North America
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• South America
Rest of South America
• Middle East & Africa
Rest of Middle East & Africa
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