The packaging testing equipment market is on track to reach substantial growth, with projections indicating a market size of USD 3,905.4 million in 2023, expected to surpass USD 7,148.5 million by 2033. Future Market Insights forecasts a robust compound annual growth rate (CAGR) of 6.2% between 2023 and 2033 for packaging testing equipment.
Packaging testing equipment plays a critical role in ensuring the safety, quality, and compliance of packaged goods across various industries. The market’s growth is driven by increasing demand for packaged products, stringent regulatory standards, and the imperative to maintain consumer trust and satisfaction.
The food sector puts packaging through a battery of tests, such as impact tests, leak and burst detection, permeability analysis, tensile strength testing, and others, to guarantee quality and extend the shelf life of the finished goods. These tests employ a range of package testing apparatus, and the need for sophisticated packaging testing solutions is growing along with the need for high-quality packaging.
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Emerging countries, such as Brazil and India, are presenting favorable conditions for growth in the packaging testing equipment market, with the expansion of local industries and the implementation of new regulations and standards. The increase in the middle-class population in these countries, coupled with rapid urbanization, has led to an increase in consumption and demand for diverse products, creating lucrative opportunities for packaging testing equipment manufacturers.
Key Takeaways from the Packaging Testing Equipment Market:
- According to FMI’s analysis, the United States holds a 22.6% share of the North America packaging testing equipment industry in 2022. The packaging testing equipment industry in the United States is expected to be worth $847.9 million by 2033.
- Germany accounted for 3.7% of the global packaging testing equipment industry in 2022. In 2022, the German packaging testing equipment industry is expected to be worth US$138.7 million.
- The China packaging testing equipment industry is worth US$ 423.6 million in 2022, with a CAGR of 7.16% over the forecast period.
- The packaging testing equipment industry in India is expected to be worth US$ 336 million in 2022, with a CAGR of 8.78% during the forecast period.
- Because of its fundamental nature in packaging testing, sample/material testing is widely used in the market, accounting for nearly 45% of the market in 2022.
- Due to its low cost, plastic is widely used in the packaging industry. In 2022, this segment held 44.6% of the market.
Key drivers fueling the growth of the packaging testing equipment market include:
- Stringent Regulatory Standards: Increasing regulations pertaining to packaging quality and safety are compelling manufacturers to invest in advanced testing equipment.
- Rising Consumer Awareness: Growing awareness among consumers regarding product safety and environmental sustainability is pushing brands to adopt rigorous testing protocols.
- Technological Advancements: Innovations in testing technologies such as non-destructive testing methods and automation are enhancing the efficiency and accuracy of packaging testing processes.
Future Market Insights’ comprehensive analysis also highlights regional trends and competitive dynamics shaping the market landscape. North America and Europe are expected to remain prominent markets for packaging testing equipment, driven by stringent regulatory frameworks and a strong focus on consumer safety. Meanwhile, rapid industrialization and urbanization in Asia Pacific are anticipated to create lucrative opportunities for market players in the region.
Packaging Testing Equipment Market by Category
By Testing Type:
- Sample/ Material Testing
- Hardness/ Strength Testing
- Surface Testing
- Air Properties & Impact Testing
- Enclosures & Barrier Testing
By Material:
- Plastic
- Paper
- Metal
- Glass
By Content:
- Food & Beverages
- Healthcare & Pharmaceuticals
- Transportation & Logistics
- Personal Care Products
- Consumer Electronics
- Others
By Region:
- North America
- Latin America
- Europe
- APAC
- Rest of World
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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