Global Packaging Testing Services Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 14.19 Billion |
 Market Size (Forecast Year) |
USD 38.26 Billion |
 CAGR |
% |
| Major Markets Players |
Global Packaging Testing Services Market, By Type (Physical, Chemical, Microbiological), Material Type (Glass, Plastic, Paper and Paperboard, Metal, Others), Technology (Physical Test Methods, Spectroscopy and Photometric-Based, Chromatography-Based, Others), Industry (Food and Beverage, Agrochemicals, Pharmaceuticals, Personal Care, Others) – Industry Trends and Forecast to 2029.
Packaging Testing Services Market Analysis and Size
Ove the forecast period, the market growth will be positively impacted by rising investments in the development of cutting-edge packaging techniques to replace conventional ones and by a healthcare industry driven by technology. According to the World Health Organization, 270 million people worldwide have hypertension, whereas more than 10% of the Chinese population has diabetes. As a result, the high demand for pharmaceutical packaging testing solutions has boosted demand for packaged medications. Therefore, the market is projected to have an accelerated growth over the forecast period.
Global packaging testing services market was valued at USD 14.19 billion in 2021 and is expected to reach USD 38.26 billion by 2029, registering a CAGR of 13.20% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Packaging Testing Services Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
|
Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Physical, Chemical, Microbiological), Material Type (Glass, Plastic, Paper and Paperboard, Metal, Others), Technology (Physical Test Methods, Spectroscopy and Photometric-Based, Chromatography-Based, Others), Industry (Food and Beverage, Agrochemicals, Pharmaceuticals, Personal Care, Others) |
|
Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa |
|
Market Players Covered |
Krones AG (Germany), Presto Group (India), Qualitest International Inc. (Canada), L.A.B. Equipment Inc. (U.S.), Marchesini Group S.p.A. (Italy), Coesia S.p.A. (Italy), AMETEK Inc. (U.S.), FUJI MACHINERY CO., LTD. (Japan), PackTest Machines Inc. (India), Amade-Tech (China), HexaPlast (India), Labthink (China), Rhopoint Instruments (U.K.), SGS SA (Switzerland), Angels Instrumentation (U.S.), Intertek Group plc (U.K.), Thwing-Albert Instrument Company (U.S.), IDM Instruments Pty Ltd (Australia), PTIUSA (U.S.), IDM TEST (Spain) |
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Market Opportunities |
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Market Definition
Packaging testing services are basically the services that are done to ensure that the proper packaging is utilized and to assist reduce the overall cost of packing, testing is done on the packaging. During the design and manufacturing processes, testing packaging is absolutely essential. Testing materials for packaging generally include glass, paper, plastic, metal, and paperboard.
Packaging Testing Services Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growth In E-commerce Sector
An increase in e-commerce activity is driving the need for appropriate packing materials to deliver goods safely and undamaged. According to reports, one in five clients who purchase goods online reportedly end up with defective goods. Market participants are attempting to develop safe and secure packaging options to lower these figures. These elements will fuel the expansion of the packaging testing services market.
- High Demand for Packaging Testing Services
The high demand across the end-user sectors that require thorough packaging, such as food, beverage, healthcare, personal care and cosmetics, is anticipated to further fuel the market for packaging testing services worldwide. In the market for packaging testing services, the physical testing sector is in high demand among chemical, microbiological, and physical testing types. This is explained by the fact that many of the characteristics of packaged items depend on physical characteristics including friction, compression, tensile strength, tearing strength, and peel and puncture resistance, among others.
Furthermore, it is anticipated that shifting consumer preferences toward e-commerce would raise the need for package testing and expand its application areas. The global demand for packaging testing solutions will increase as ready-to-eat food consumption rises and e-commerce expands quickly during an epidemic. A favorable climate for market growth in the nation will be created by rising customer preference for items with a long shelf life and increased public awareness of the damaging effects of pollutants on food quality over the forecast period.
Opportunities
- Adoption of Regulations Regarding the Packaging Testing Services
The adoption of new standards for package authentication is the main growth driver for the packaging testing services sector. Over the past few years, many organizations have adopted global standards that will undoubtedly set new trends. Different packaging test methods are defined in this regard with the goal of having ever-expanding cargo and product safety. This will further extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
- Increased Awareness Regarding Sustainable Packaging
Additionally, the rising awareness among the consumer regarding the benefits of sustainable packaging will further expand the future growth of the packaging testing services market.
Restraints/Challenges
- High Cost
The adoption of advanced testing methods proportional to the price of sample testing services. Therefore, the high costs associated with package testing services will create hindrances for the growth of the packaging testing services market.
- High Turnaround Time (TAT)
The turnaround time (TAT) is basically the period of time from the time that specimens are received in the laboratory to the time that reports are sent out with verification. Most of these testing services have a high turnaround time, which will challenge the market growth rate of the packaging testing services.
This packaging testing services market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the packaging testing services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Packaging Testing Services Market
The recent outbreak of coronavirus had a positive influence on the packaging testing services market. The Covid-19 outbreak has boosted the demand for packaging testing services since partial or complete lockdowns that were implemented nationwide obliged end users to use parcel services. This requires appropriate packaging. Almost every industry offers online and offline delivery options. Since its height during Covid-19, the medicines sector has expanded dramatically. It should be no surprise that ongoing medical advancements are driving this vertical. Even end users have begun ordering their daily medication doses online. Although all food establishments were shut down until September 2020, their reinstatement has led to a rise in the use of packaging services. In several nations, restaurants are only permitted to operate at half capacity.
Recent Development
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In January 2020, ?The industry-leading, independent assurance solution provided by Intertek Group plc's revolutionary Total Sustainability Assurance programme has been made available to businesses in India, enabling them to demonstrate their end-to-end commitment to sustainability.
Packaging Testing Services Market Scope
The packaging testing services market is segmented on the basis of type, material type, technology, and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Physical
- Chemical
- Microbiological
Material Type
- Glass
- Plastic
- Paper and Paperboard
- Metal
- Others
Technology
- Physical Test Methods
- Spectroscopy and Photometric-Based
- Chromatography-Based
- Others
Industry
- Food and Beverage
- Agrochemicals
- Pharmaceuticals
- Personal Care
- Others
Packaging Testing Services Market Regional Analysis/Insights
The packaging testing services market is analyzed and market size insights and trends are provided by country, type, material type, technology, and industry as referenced above.
The countries covered in the packaging testing services market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the packaging testing services market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising number of technological advancement within the region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the favorable government policies, the increasing testing in various industries, and rapid urbanization in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Packaging Testing Services Market Share Analysis
The packaging testing services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to packaging testing services market.
Some of the major players operating in the packaging testing services market are
- Krones AG (Germany)
- Presto Group (India)
- Qualitest International Inc. (Canada)
- L.A.B. Equipment Inc. (U.S.)
- Marchesini Group S.p.A. (Italy)
- Coesia S.p.A. (Italy)
- AMETEK Inc. (U.S.)
- FUJI MACHINERY CO., LTD. (Japan)
- PackTest Machines Inc. (India)
- Amade-Tech (China)
- HexaPlast (India)
- Labthink (China)
- Rhopoint Instruments (U.K.)
- SGS SA (Switzerland)
- Angels Instrumentation (U.S.)
- Intertek Group plc (U.K.)
- Thwing-Albert Instrument Company (U.S.)
- IDM Instruments Pty Ltd (Australia)
- PTIUSA (U.S.)
- IDM TEST (Spain)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
