The Global Packaging Testing Market Size is valued at 14.58 billion in 2022 and is predicted to reach 38.98 billion by the year 2031 at a 11.72% CAGR during the forecast period for 2023-2031.
The increasing demand for safe commodities with extended lifespans is expected to drive the packaging testing market demand in the coming years. More product recalls due to severe regulatory enforcement and increased knowledge about the improper use of recycled substances will propel the package testing sector forward.
Furthermore, the rapid expansion of the FMCG sector and the significant demand for durable goods are expected to open new opportunities for the package testing industry over the projection period. Trade openness, developments in infrastructure improvements and modern communications, and the growth of transnational firms in the retail food industry have all contributed to a rise in global commerce. This increased foreign trade in perishable goods such as dairy, fruits, and vegetables. This heightened the need for package inspections, as defective products raise prices for shops and producers while increasing customer dissatisfaction.
Packaging testing needs are driven by the increased prevalence of packed food and beverages worldwide and the rising consumption of processed foods. Additionally, the market is fueled by a significant increase in online selling of foodstuffs and other commodities via purchasing platforms, particularly for good product movement as products transit through more advanced distribution systems.
Recent Developments:
- In July 2022 - SEA Vision and Marchesini Group are launching a brand-new solution for primary pack serialisation and aggregation, which includes a comprehensive suite of technologies to print, verify, and pack serialised blisters and execute carton aggregation in a 4.0 environment.
- In July 2022-Eurofins Medical Device Testing opened a new Package Testing Lab, i. The new lab offers vital testing support to clients for the protective characteristics of packaging and the longevity of their labeling. Also, the new Package Testing extension at the Lancaster, Pa, location is projected to improve the company's Chemical Characterization, Sterility/Microbiology, and Biocompatibility service offerings to clients.
- In April 2021, SGS announced the introduction of its new comprehensive testing protocol for footwear packaging. The innovative testing package, a first for the industry, assists brand owners and retailers, including e-commerce, in delivering packaging that performs well, complies with environmental and sustainability standards, and guarantees consumers receive footwear in pristine condition.
Competitive Landscape:
Some of the Packaging Testing market players are:
- ALS Limited
- Amade-Tech (China)
- AMETEK Inc. (U.S.)
- Angels Instrumentation (U.S.)
- Bureau Veritas SA
- Campden BRI
- Coesia S.p.A. (Italy)
- EMSL Analytical Inc.,
- Eurofins Scientific SE
- FUJI MACHINERY CO., LTD. (Japan)
- HexaPlast (India)
- IDM Instruments Pty Ltd (Australia)
- IDM TEST (Spain)
- Intertek Group Plc
- Krones AG (Germany)
- A.B. Equipment Inc. (U.S.)
- Labthink (China)
- Marchesini Group S.p.A. (Italy)
- Meraux NutriSciences Corporation
- Microbic Laboratories, Inc.
- National Technical Systems, Inc
- PackTest Machines Inc. (India)
- Presto Group (India)
- PTIUSA (U.S.)
- Qualitest International Inc. (Canada)
- Rhopoint Instruments (U.K.)
- SGS S.A
- Thwing-Albert Instrument Company (U.S.)
- TÜV SÜD AG
Market Segmentation:
The packaging testing market is segmented based on type, material, technology and end user. Based on type, market is segmented as physical, chemical and microbiology. The market is segmented as glass, plastic, paper and paperboard, metal, and others based on material. By technology, the market is segmented into physical test methods, spectroscopy and photometric-based, chromatography-based, and others. By end user, the packaging testing market is segmented into food and beverage, agrochemicals, pharmaceuticals, personal care, and others.
Based On End Users, The Food & Beverages Segment Is A Major Contributor To The Packaging Testing Market
The food & beverages category will hold a major share of the global packaging testing market in 2022. Intelligent packaging, active, smart packaging, and modified atmosphere packaging are replacing old approaches, driving the need to evaluate these items effectively. Because items are delivered to clients in packed form, their safety is a major concern; any poisonous or dangerous contaminant could affect the product. Contaminants can significantly reduce product quality, emphasizing the need for package testing in the market. This emphasis has resulted in a strong demand for effective package testing in the package testing sector.
The Plastic Segment Witnessed Growth At A Rapid Rate
The plastic segment is projected to grow rapidly in the global packaging testing market. Because of the expense ratio and specially made for distinction, plastic material is favored in the worldwide container business over other material types such as glass, metal, and paper & paperboard. Plastic packaging is becoming more popular due to its positive qualities, such as low cost, lightweight, corrosion resistance, and an effective wall to water, oxygen, and nitrous oxide. Stretch plastic packaging is in demand due to its high product-to-package ratio, material efficiency, lower expenses for shipping, storage period extension, less waste to landfill, and good life cycle metrics.
The North American Packaging Testing Market Holds A Significant Regional Revenue Share
The North America packaging testing market is expected to record the highest market share in revenue soon. The massive consumption of consumer items and food products in nations such as Canada and the United States is driving the growth of the packaging testing business in North America over the anticipated timeframe. Furthermore, the sub-large continent's usage of canned food has generated significant demand for metal package testing, boosting the economic environment in the sub-continent.
In addition, Asia Pacific is projected to grow rapidly in the global Packaging Testing market. Tight government regulations governing product packaging have resulted in the widespread acceptance of packaging testing, and this will influence market patterns in the region.
Packaging Testing Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2022 |
USD 14.58 Bn |
|
Revenue forecast in 2031 |
USD 38.98 Bn |
|
Growth rate CAGR |
CAGR of 11.72 % from 2023 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Billion, and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
|
Segments covered |
Type, Material, Technology And End User |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
SGS S.A., Intertek Group Plc., Eurofins Scientific SE, Bureau Veritas SA, TÜV SÜD AG, Meraux NutriSciences Corporation, ALS Limited, National Technical Systems, Inc., Microbic Laboratories, Inc., EMSL Analytical Inc., and Campden BBRI. |
|
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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