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.
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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 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.
- Paper & Paperboard
- Personal Care & Cosmetics
- North America
- Latin America
- South Asia
- East Asia