Packaging Testing Services Market

2019 Analysis and Review of Packaging Testing Services Market by Testing Type - Physical, Chemical, and Microbiological for 2019-2029

  • 2020-03-18
  • REP-GB-11147
  • 34 Tables
  • 64 Figures
  • 143 pages
  • Format: PDF/PPT/Excel
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Packaging Testing Services Market to Cross US$ 33 Bn in 2029

Myriads of organizations - American Society for Testing and Materials (ASTM) and International Organization for Standardization (ISO) - have imposed new standards for packaging authentication in order to ensure product safety during transport and logistics. In addition, stringent regulatory atmosphere amidst plastic waste generation is triggering packaging converters to move towards sustainable packaging systems. These step-change transformations in the packaging industry are likely to have a profound impact on the packaging testing services market. Following an astounding growth curve, global revenue of the packaging testing services market will cross US$ 33 Bn by 2029. 

Frequently Asked Questions about Packaging Testing Services Market

What are the prospects of the packaging testing services market?

The global packaging testing services market is anticipated to grow at an impressive rate during the next ten years. The market was valued at US$ 9.2 Bn in 2018, and is estimated to jump to US$ 33.4 Bn by 2029.

What are the key factors accelerating the growth of the packaging testing services market?

Rising demand for packaged goods, increasing eco-conscious consumers for sustainable packaging, stringent regulatory atmosphere, and innovation of pioneering technologies are some of the factors responsible for the growth of the global packaging testing services market.

At what rate will the packaging testing services market grow in the years to come?

The global packaging testing services market is anticipated to witness astonishing market growth in the foreseeable future, owing to the rising adoption of sustainable packaging solutions worldwide. The global packaging testing services market is estimated to register a remarkable CAGR of nearly 13% through 2029. 

Which end-user segment will provide the most gratifying opportunities in the next five years?

By end user, food and healthcare are projected to be highly promising industries in the global packaging testing services market throughout the forecast period. The demand for fresh but protective packaging for food and healthcare commodities is constantly rising, owing to health concerns and high contamination chances from primary packaging. 

Which regions are expected to lead in terms of global sales of packaging testing services?

In terms of sales and market share, North America and Europe are projected to hold a substantial portion of the overall market share. The significant presence of leading service providers of packaging testing services in these regions is propelling market growth significantly.

What is degree of competition in the packaging testing services market?

According to FMI analysis, the market seems to be fragmented in nature. Tier-I companies account for 6-9% of the global market. These companies are market leaders, and are characterized by extensive service portfolio and broad geographical presence.

Market Players Target Physical Packaging Testing for Outsized Returns

Packaged goods mostly go through physical issues such as friction, compression, tensile strength, tearing strength, and peel & puncture. This accents the need of physical packaging testing services for safeguarding brand reputation. On the other hand, chemical testing is beneficial when surface chemistry or thickness is crucial to product function and safety. Furthermore, microbiological testing is gaining momentum in food and healthcare industries, as it delivers an analysis of parameters such as anti-microbial effectiveness and microbial enumeration.

East Asia to Outperform Developed Regions

At present, North America and Europe are in the driver’s seat in the global packaging testing services market. Strong presence of prominent packaging testing service providers and uptight policy framework for packaging formats are critical in driving market growth in both these regions. However, this study emphasizes that, East Asia will outrun both, North America and Europe, in the near term, attributable to top-line growth of retail and fast-moving consumer goods (FMCG) packaging industries. Leading players are focusing on market expansion in China, considering food, consumer, agriculture, and automotive sectors at the center. 

Incumbents to Offer Third-party Solutions to SMEs

Small- and medium-enterprises (SME) encounter various challenges such as product testing as per international standards and regulatory uncertainty regarding packaging testing, due to lack of common testing laboratories or expensive testing equipment. Market incumbents are exploring this opportunity by providing third-party lab solutions for these SMEs, especially in food, personal care, and cosmetic industries. Further, these leading solution providers are providing testing services for various parameters such as package insulation, impact and shock testing, and large load tests.

High preference for physical testing

Chemical testing to pick pace

Plastic remains material of choice

Substantial shift toward paper & paperboard expected

Surging adoption in food industry

Adoption in healthcare industry on gradual rise

How Growth will Unfold

In the food industry, packaging formats are required to undergo a multitude of testing series in a bid to ensure effectiveness of the final product, such as packaging tests, leak and burst detection, permeability, and seal and tensile strength. By 2021, packaging testing services translating to around US$ 4 Bn would be deployed in the food sector alone. Antimicrobial packaging is becoming commonplace in the healthcare sector, owing to quality and safety aids. Further research in the field of microbial active packing consists of greater focus on bio-preservatives and bio-degradable packaging solutions.

Packaging Testing Services Market by End-user, 2019 (E)

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

A recent market study published by Future Market Insights on the packaging testing services market includes global industry analysis of 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters, growth prospects of the packaging testing services market are obtained with maximum precision.

Packaging Testing Services Market Taxonomy

The global packaging testing services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readers.

Testing Type

  • Physical
  • Chemical
  • Microbiological

Material

  • Plastic
  • Paper & Paperboard
  • Glass
  • Metal
  • Others

End User

  • Food
  • Beverages
  • Healthcare
  • Personal Care & Cosmetics
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

What's Included

The report begins with an executive summary of the packaging testing services market, which includes key findings and statistical analysis of the market. It also includes demand and supply-side trends pertaining to the packaging testing services market.

Readers can find the definition and detailed taxonomy of the packaging testing services market in this chapter, which will help them understand basic information about the market. It also highlights the inclusions and exclusions to help readers understand the scope of the packaging testing services market report.

This section explains the global market value analysis and forecast for the packaging testing services market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical packaging testing services market, along with opportunity analysis for the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019-2029).

This chapter explains the key macroeconomic factors that are expected to influence growth of the packaging testing services market during the forecast period. Along with this, the section also highlights the opportunity analysis for the packaging testing services market. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the packaging testing services market.

Based on testing type, the packaging testing services market has been segmented into physical, chemical and microbiological. In this chapter, readers can find information about key trends and developments in the packaging testing services market and market attractiveness analysis based on testing type.

This chapter provides details about the packaging testing services market based on material, and has been classified into plastic, paper & paperboard, glass, metal, and others. Readers can understand market attractiveness analysis and market share of packaging testing services based on material.

This chapter provides details about the packaging testing services market based on end-user type, and has been classified into food, beverages, healthcare, personal care & cosmetics and others. Through this chapter, readers can understand market attractiveness analysis based on end-user type.

This chapter explains how the packaging testing services market is expected to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, the Middle East and Africa (MEA), and Oceania.

This chapter includes detailed analysis of the growth of the North America packaging testing services market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find market share analysis, regional trends, and market growth based on testing type, material, end-user type, and countries in North America.

This chapter provides the growth scenario of the packaging testing services market in countries in Latin America such as Brazil, Mexico, Argentina and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.

Important growth prospects of the packaging testing services market in several countries such as Germany, the U.K., France, Spain, Russia, Poland, Nordic, BENELUX and the rest of Europe are included in this chapter.

India, Indonesia, Malaysia, Thailand, Singapore and the rest of South Asia are among the leading countries in the South Asia region, which are prime subjects of assessment to obtain growth prospects of the South Asia packaging testing services market. Readers can find detailed information about growth parameters of the South Asia packaging testing services market during the forecast period in this chapter.

This chapter highlights the growth of the packaging testing services market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand key factors that are responsible for the growth of the packaging testing services market in East Asia.

In this chapter, Australia and New Zealand are countries in the Oceania region that are the prime subjects of assessment to obtain growth prospects of the Oceania packaging testing services market.

This chapter provides information about how the packaging testing services market is anticipated to grow in major countries in the MEA region such as GCC countries, South Africa, Northern Africa, Turkey, , and the rest of MEA during the forecast period.

In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the packaging testing services market, along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of prominent stakeholders in the packaging testing services market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are SGS SA, Nefab Group, Bureau Veritas SA, Eurofins Scientific SE, Intertek Group PLC, TÜV SÜD Aktiengesellschaft, Microbac Laboratories, Inc., EMSL Analytical, Inc., Nelson Laboratories Llc, Campden Bri, and ALS Ltd.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the packaging testing services market report.

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the packaging testing services market. The report scope focuses on packaging testing services consumed in the packaging industry.

How the research was conducted?

Primary Research

  • C-Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Machine Suppliers
  • Industry Experts
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Secondary Research

  • Industry Publications
    • Packaging Europe
    • Packaging Strategies
    • Packaging News
    • Packaging World
  • Industry Associations
    • Flexible Packaging Association
    • Flexible Packaging Europe
    • American Plastics Council (APC) 
    • World Packaging Organization
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits packaging testing services market designation

Primary Interview Splits packaging testing services market stakeholder

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