Packaging Testing market was valued at US$ 12.57 Bn in 2022 is expected to reach US$ 24.82 Bn by the end of 2029 at a CAGR of 10.2% from 2023 to 2029.
Packaging Testing Market Overview:
The “Global Packaging Testing Market Analysis” is an in-depth look at the Packaging Testing market, with a focus on global market trends and analysis. This study seeks to provide an overview of the Packaging Testing industry as well as detailed market segmentation by segment and geography. The Packaging Testing market is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Packaging Testing firms, as well as significant industry trends and opportunities.
Packaging Testing Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
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by Technology
Physical tests
Spectroscopy & photometric-based
Chromatography-based
Others
by Material Type
Glass
Plastic
Paper & paperboard
Metal
Others
by Type
Physical
Chemical
Microbiological
by End-User
Pharmaceutical and healthcare
Food & beverage
Agrochemicals
Personal care
Others
Based on end-use industry, the pharmaceutical & healthcare segment is expected to reach USD$ 24.82 Bn by 2029 and hold the greatest market share of 10.2% in 2022. Pharma and healthcare products are anticipated to dominate packaging testing in 2022.
Because of their cost-effectiveness in comparison to other technologies, regulated and sustained drug release, and particle size reduction for high solubility, pharmaceutical and healthcare products dominate in these markets. Taste and odour can also be hidden thanks to packaging testing.
Packaging Testing Market Key Players:
Primary and secondary research is used to discover industry titans, while primary and secondary research is utilized to assess market revenue. The core research included in-depth interviews with a variety of thought leaders and industry experts, including experienced front-line personnel, CEOs, and marketing specialists. Secondary research comprised an examination of well-known manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then cross-checked against primary data. The following are a few companies working in the Packaging Testing industry.
1. TUV SUD AG
2. Eurofins Scientific SE
3. Intertek Group Plc.
4. Fusion Packaging
5. SGS S.A.
6. Bureau Veritas SA
7. ALS Limited
8. Mérieux NutriSciences Corporation
9. Microbac Laboratories, Inc.
10.EMSL Analytical Inc.
11.Lachenmeier
12.Eurofins MET Labs
13.Intertek
14.BillerudKorsnäs
15.Mesa Labs
16.Campden BRI
17.OMIC USA Inc.
18.NEFAB GROUP
19.Nelson Laboratories, LLC
20.Lachenmeier ApS
21.Advanced Packaging Technology Laboratories Inc.
22.Element Materials Technology
23.Micom Labs.
24.Smithers
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Packaging Testing Market Regional Analysis:
The Packaging Testing research focuses into geographic analysis, which is further separated by sub-regions and nations. Profit projections and market share statistics for each country are included in this section of the research. This component of the study examines each region’s and country’s share and growth rate throughout the forecasted time period.
The report provides a thorough PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America, after considering political, economic, social, and technical issues effecting the Packaging Testing market in various sectors.
COVID-19 Impact Analysis on Packaging Testing Market:
Customer behaviour has changed as a result of the COVID-19 virus across all areas of society. Businesses, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19’s influence on the Packaging Testing market and will assist you in developing your business in accordance with the new industry norms.
Under the COVID-19 Impact section, the Packaging Testing Market Report delivers a 360-degree research ranging from the agile supply chain and trade restrictions to regional government policies and the firm’s future impact. Primary market research (2021-2027), instances of venture rivalry, the benefits and drawbacks of large corporate channels, and industry growth trends (2021-2027) have all been provided.
Key Questions Answered in the Packaging Testing Market Report are:
- How big is the market for Packaging Testing?
- Which regional market will emerge as the market leader in the next years?
- Which application category is expected to develop the fastest?
- What opportunities for growth could exist in the Packaging Testing industry in the next years?
- What are the most significant future challenges that the Packaging Testing market may face?
- Who are the market leaders in the Packaging Testing category?
- What are the main trends that are influencing market growth?
