June 20, 2024
Packaging Testing Market

Packaging Testing Market Poised to Grow Amidst Increasing Need for Product Safety

The global packaging testing market is a crucial part of the packaging industry that helps ensure product safety and quality control. Packaging testing helps confirm package integrity, material composition analysis, shelf-life testing, microbiological testing, and other physical and chemical analysis to check compliance with regulations. The packaging of goods needs to remain intact during transportation and distribution to prevent contamination or damage to contents. Proper testing verifies package performance under various conditions like temperature variations, impacts, compression loads, and chemical exposures.

The Global packaging testing market is estimated to be valued at US$ 9.90 BN in 2024 and is expected to exhibit a CAGR of 7.6% over the forecast period 2024 to 2031.

Key Takeaways

Key players: Key players operating in the packaging testing market are SGS, Bureau Veritas, Intertek, Eurofins, TÜV SÜD, ALS Ltd., Mérieux NutriSciences, Microbac Laboratories, EMSL Analytical, and Campden BRI.

Key opportunities: Strict legislation surrounding packaging of foods, drugs, medical devices and other consumer goods present significant opportunities for growth of packaging testing services. Emerging markets in Asia Pacific and Latin America are expected to drive future demand.

Global expansion: Leading testing companies are expanding globally through partnerships and acquisitions to cater to multinational clients. Growing e-commerce is also driving the need for robust packaging suitable for shipping and distribution through complex supply chains.

Market Drivers

Regulatory compliance is one of the major drivers of the packaging testing market. Packaging needs to comply with various safety and quality regulations set by agencies like FDA and EFSA. This ensures packaged products are free of contaminants, defects and meet prescribed storage and distribution requirements. Failure to comply can lead to costly product recalls and legal liabilities. Thus, companies rely on testing to mitigate risks and maintain brand reputation.

PEST Analysis

Political: Government regulations regarding food safety and quality standards have increased the demand for packaging testing. Various agencies regulate packaging and labeling requirements.

Economic: Rising disposable incomes along with growing demand for packaged and processed food & beverage products drive the packaging testing market growth. Economic stability promotes brand owners to invest in safety and quality certifications.

Social: Increased health awareness among consumers have strengthened the social need for validated information on product packaging. Social media influences buying patterns and preferences for transparent labels and eco-friendly designs.

Technological: Advancements in analytical testing techniques like chromatography, spectroscopy and sensor-based methods aid faster and more accurate quality checks. Digitalization facilitates remote auditing and real-time data monitoring for packaging manufacturers.

In terms of value, the Packaging Testing Market Size is concentrated in North America and Europe. Stringent regulations, strong presence of leading brands and organized retail push the demand. Advanced technologies allow laboratories to handle increased testing volumes efficiently.

The Asia Pacific packaging testing market is growing at the fastest rate attributed to booming food processing and e-commerce industries. Rapid urbanization along with rising health and environmental concerns drive the consumer need for certified brands. Emerging economies offer lucrative opportunities for stakeholders to assist local manufacturers through consultancy and training services.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it