According to a market report by Lucintel, the future of the packaging testing market looks promising with opportunities in the food and beverage, agrochemicals, pharmaceuticals, and personal care industries. The packaging testing market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing demand for products with longer shelf under various conditions, increasing awareness and demand for sustainable packaging, technological advancements in the market, and increasing demand in end use industries.

In this market, physical, chemical, and microbiological are the major product segments. The physical segment is the largest market as determination of physical properties of a product is an essential application for packaging testing.

Within the packaging testing market, physical tests, spectroscopy and photometric-based, and chromatography-based are the major technologies.

Glass, plastic, paper and paperboard, metal, and others are the major material type segments of the packaging testing market.

North America will remain the largest market over the forecast period. Strict safety evaluation of food packaging, which includes toxicology testing, exposure assessment, and risk assessment is driving the market.

SGS, Bureau Veritas, Intertek Group, Eurofins Scientific, Tüv Süd, ALS, Mérieux Nutrisciences Corporation, Microbac Laboratories, EMSL Analytical, and Campden Bri are among the major manufacturers in the packaging testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the packaging testing market by product, material, technology, end use industry, and region. Lucintel has prepared a comprehensive research report titled "Packaging Testing Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the packaging testing market by product, material, technology, end use industry, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
• Physical
• Chemical
• Microbiological
By Material [$M shipment analysis for 2013 – 2024]:
• Glass
• Plastic
• Paper & Paperboard
• Metal
• Others
By Technology [$M shipment analysis for 2013 – 2024]:
• Physical Tests
• Spectroscopy & Photometric-Based
• Chromatography-Based
• Others
By End-use Industry [$M shipment analysis for 2013 – 2024]:
• Food & beverage
• Agrochemicals
• Pharmaceuticals
• Personal care
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link ……… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the packaging testing market by product type (physical, chemical, and microbiological), material type (glass, plastic, paper & paperboard, metal, and others), technology (physical tests, spectroscopy & photometric-based, chromatography-based, and others), end-use industry (food & beverage, agrochemicals, pharmaceuticals, personal care, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the packaging testing market?
Q.5 What are the business risks and threats to the packaging testing market?
Q.6 What are emerging trends in this packaging testing market and the reasons behind them?
Q.7 What are some changing demands of customers in the packaging testing market?
Q.8 What are the new developments in the packaging testing market? Which companies are leading these developments?
Q.9 Who are the major players in this packaging testing market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this packaging testing area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this packaging testing market?