Introduction
Packaging plays a crucial role in protecting products during transit, storage, and display. The Packaging Testing Market encompasses a wide range of testing methods and technologies aimed at ensuring the safety and quality of packaging materials and designs. In this article, we will delve into the various aspects of the Packaging Testing Market, its significance in different industries, and the benefits it offers to businesses and consumers alike.
What is the Packaging Testing Market?
Packaging Testing Market refers to the industry segment that focuses on evaluating and analyzing packaging materials, containers, and designs to ensure they meet specific quality standards and regulatory requirements. The primary goal of packaging testing is to prevent product damage, contamination, and spoilage, thereby maintaining the integrity of the packaged product.
Anticipated to exceed US$ 16,099.87 million in 2023, the packaging testing market is poised to demonstrate an impressive CAGR of 12.6% from 2023 to 2033, with a projected value of US$ 52,748.03 million by 2033.
Download our Sample Report to discover how recent industry developments, like@ https://www.futuremarketinsights.com/reports/sample/rep-gb-12655
The world’s e-commerce market is rapidly growing. Retail and e-commerce companies are expanding their services by testing their packaging solutions on highly advanced technology equipment.
They are highlighting the requirement for packaging that is appropriate for its intended application and can survive difficult shipping circumstances. It is paving the way for manufacturers of package testing equipment to expand their market share globally as a result.
Key Players Supplying Packaging Testing are
- SGS SA
- Intertek Group Plc
- Bureau Veritas SA
- Eurofins Scientific SE
- ALS Limited
- TUV SUD AG
- Mérieux NutriSciences Corporation,
- Microbac Laboratories Inc.
- National Technical Systems Inc.
- EMSL Analytical Inc
- Institut fur Produktqualität GmbH
- Campden BRI
Key Takeaways
- In 2023, the United States is expected to lead the packaging testing market, with a size of US$ 3,414 million and a CAGR of 10.3%.
- The packaging testing market was significantly expanding, with a size of US$ 14.25 billion in 2022.
- Market shows amazing opportunities due to the rising need for effective packaging designs, and expects a Y-o-Y growth of 13% in 2023.
- The market in China is anticipated to expand at an adequate CAGR of 19.8% by 2033.
- By 2033, Germany is likely to expand in the packaging testing market, with a size of US$ 3,411.86 million.
- Canada is anticipated to expand at an adequate CAGR of 7.7% by 2033.
- The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 12.1% by 2033.
- Based on the material type, plastic is likely to lead the market and expects a size of US$ 6,995 million in 2023.
- Based on the testing type, microbiological continues to dominate the sector during the forecast period, with a CAGR of 13.6%.
Unlock Bespoke Analysis: Request Customized Insights to Fuel Your Success in the Packaging Testing Market!@ https://www.futuremarketinsights.com/customization-available/rep-gb-12655
Emerging Trends in Packaging Testing
1. Smart Packaging
Smart packaging integrates technology to monitor the condition of the product during transportation and storage, providing real-time data for analysis.
2. Nanotechnology in Packaging
Nanotechnology offers innovative solutions for enhancing the barrier properties of packaging materials and extending shelf life.
3. Biodegradable Packaging
As sustainability becomes a priority, biodegradable packaging materials are gaining popularity, and testing ensures their effectiveness.
4. Packaging Automation
Automation is streamlining packaging testing processes, making them more efficient and reducing the risk of human errors.
Recent Developments
- In Kazakhstan, SGS S.A. opened a brand-new hybrid commercial onsite geochemistry laboratory in 2020. By diversifying its offering of laboratory testing services, the company seeks to break into the chemical packaging market.
- In June 2022, Bureau Veritas purchased Advanced Testing Laboratories, a company that offers scientific sourcing services. ATL offers services like product validation, production, and packaging, in addition to research and development. The company’s footprint in North America is anticipated to grow as a result of the acquisition.
Key segments
By Testing Type:
- Physical
- Chemical
- Microbiological
By Material Type:
- Plastic
- Paper and Paperboard
- Glass
- Wood and Others
By Packaging Application:
- Food and Beverages
- Healthcare
- Pharmaceuticals
- Medical Devices
- Chemical and Fertilizers
- Personal Care and Cosmetics
- Electrical and Electronics
- Automotive
- Industrial
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
Get Expert Insights Now! Contact our Analyst for In-depth Market Analysis and Strategic Recommendations@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-12655
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
