Packaging Testing Market Report

Market Insights

“The Packaging Testing Market size was US$ 14.64  billion in 2023 and is likely to grow at a decent CAGR of 12% in the long run to reach US$ 22.5 billion in 2030.”

Market Dynamics

Introduction

The testing of packaging materials encompasses glass, plastic, paper & paperboard, metal, and other materials. There is a growing demand for packaging testing to ensure that products are safe and have varying shelf life durations. The new opportunities are prompting the market players to expand their global presence and service offerings.  It is crucial as it provides checks that the packaging is efficiently up to standard, competently meets all the set market regulations, performs efficiently under all the tests that may be put on it and to top it up effectively protects the contents it is supposed to contain. It primarily applies itself across the food & beverage, pharmaceuticals & personal care products, consumer durables & automobiles, and electronics industries where consistent and high-quality packaging is vital.

Drivers

The need for higher safety standards particularly in F&B, pharmaceuticals, and cosmetic industries has seen demand for packaging testing to be on the rise as they seek to meet the new compliance requirements and along with this rising consumer consciousness and new measures adopted by the government as a reaction towards rising plastic waste and promoting recycle-ability have naturally led towards realizing the importance of testing environment-friendly and sustainable packing solutions. There has been a consistently progressive increase in online purchasing which has made companies incorporate package testing to address protection in transit, hence encouraging increased demand for package testing. Furthermore, Due to the high costs associated with recalls and the negative effects own reputation, firms are continuing to implement strict packaging testing to ensure product safety in the supply chain, positively impacting the market.

Segment Analysis

By Product Type

“Physical expected to remain dominant as well as the fastest-growing type in the market during the forecast period.”

• The Packaging Testing Market is segmented into Physical, Chemical, and Microbiological.
• Physical is expected to remain dominant as well as the fastest-growing in the market during the forecast period.
• Physical testing is in high demand in the packaging testing market because it directly relates to the purpose of packaging, which is to protect products against possible damages that may occur during handling, storage, and transport.
• It also meets all legal requirements concerning packaging and linking to advancements in packaging materials.

By Material Type

“Plastic is expected to be the fastest-growing Material in the market during the forecast period.”

• The market is segmented into Glass, Plastic, and Paper
• Plastic is expected to remain the dominant in the market during the forecast period.
• It is the market leader in terms of material type since it is lightweight, flexible, durable, cheaper than most of its competitors, and more versatile in its application in packaging.
• Nonetheless, continuing challenges regarding environmental clues have been addressed effectively through improving methods of recycling and the introduction of better plastics in the market.

Regional Analysis

“The Asia-Pacific is expected to remain the largest market for Alcohol during the forecast period.”

• In terms of region, Asia-Pacific is expected to remain the largest market for Alcohol during the forecast period. 
• The rise in the global consumption of alcohol, especially in developing regions such as Asia-Pacific drives the market for alcohol.
• In the Asia Pacific region, there is increased adoption of e-commerce, industrialization, expansion of consumer goods industries, and concern for environmental impact or conformity to the necessary consumer protection standards. These factors make the region an ideal region to innovate on packaging and ensure that it meets the required standards.

Key Players

The market is highly concentrated with the presence of 10 players across the region.  The following are the key players in the Packaging Testing Market

Here is the list of the Top Players (Based on Dominance)

• SGS S.A. (Switzerland)
• Bureau Veritas SA (France)
• Intertek Group Plc. (U.K.)
•  Eurofins Scientific SE (Luxembourg)
• TÜV SÜD AG (Germany)
•  ALS Limited (Australia)
•  Mérieux NutriSciences Corporation (U.S.)
• National Technical Systems, Inc. (U.S.)
• Microbac Laboratories, Inc. (U.S.)
• EMSL Analytical Inc. (U.S.)
• Campden BRI (U.K.)
• Institut fur Produktqualitat GmbH (Germany)

 Note: The above list does not necessarily include all the top players of the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New   Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

The Packaging Testing Market is segmented into the following categories. 

Alcohol s, by   Type

• Physical (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Chemical(Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Microbiological (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Alcohol s, by Material Type

• Glass (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Plastic(Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Paper (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Alcohol s, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Paper)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Packaging Testing Market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research Materialology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and  Microbiological, please send your inquiry to [email protected]