Wiseguyreports.Com Adds “Package Testing – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2026” To Its Research Database.
The package testing market was valued at USD 8.72 billion in 2019 and is expected to reach USD 20.44 billion by 2026, at a CAGR of 10.2% over the forecast period 2020 – 2026. The packaging of consumable products has witnessed a drastic transformation over the past few decades, with a higher focus on enhancing the shelf life to reduce the costs associated with damaged goods. This emphasis has created a robust demand for effective package testing in the package testing market.
Packaged and processed food & beverages are increasingly gaining prominence. With increased consumption of consumer goods and packaged food around the world, the industry is expected to expand.
According to Organic Trade Association, the forecasted organic packaged food consumption in the United States stands at USD 17.23 billion in 2019.
The global market for online retailing continues to grow rapidly, driven by penetration of the Internet and smartphones. Smithers with their insights expects that this will continue to increase through to 2028 and will see an increased demand for packaging solutions, especially in corrugated board formats to safely ship goods through the more complex distribution channels.
The rising awareness for eco-friendly packagings, such as paper-based packaging solutions, has further driven the demand for package testing, to ensure that the integrity of the package is not compromised.
However, the costs associated with the testing of packaging are quite high, making it harder for small-scale manufacturers and industries to invest in this process, thereby, hindering the growth of this market.
The key players covered in this study
CSZ Testing Services Laboratories
National Technical Systems
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Market segment by Type, the product can be split into
Package Integrity Testing
Package Strength Testing
Package Shelf Life Studies
Market segment by Application, split into
Medical &Pharmaceutical Products
Food &Beverage products
Personal Care Products
Industrial Goods (automotive and industrial components)
Toys & Hobby Products
Aerospace & Defense Products
Dangerous & Hazardous Materials
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Package Testing status, future forecast, growth opportunity, key market and key players.
To present the Package Testing development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Package Testing are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type (2015-2026)
5 Package Testing Breakdown Data by Application (2015-2026)
6 North America
10 Southeast Asia
12 Central & South America
13 Key Players Profiles
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